Who Generates Higher Gross Profit? United Rentals, Inc. or ITT Inc.

United Rentals leads in gross profit over ITT Inc. by 2023.

__timestampITT Inc.United Rentals, Inc.
Wednesday, January 1, 20148664000002432000000
Thursday, January 1, 20158091000002480000000
Friday, January 1, 20167582000002403000000
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Wednesday, January 1, 20207822000003183000000
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Sunday, January 1, 202311073000005813000000
Monday, January 1, 202412473000006150000000
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A Tale of Two Titans: United Rentals, Inc. vs. ITT Inc.

In the competitive landscape of industrial services, United Rentals, Inc. and ITT Inc. have been vying for supremacy in gross profit generation. Over the past decade, United Rentals has consistently outperformed ITT Inc., showcasing a robust growth trajectory. From 2014 to 2023, United Rentals' gross profit surged by approximately 139%, peaking at an impressive $5.8 billion in 2023. In contrast, ITT Inc. experienced a more modest growth of around 28% during the same period, reaching its highest gross profit of $1.1 billion in 2023.

This stark difference highlights United Rentals' strategic prowess and market adaptability, especially in the face of economic fluctuations. The data for 2024 remains incomplete, but the trend suggests United Rentals is poised to maintain its lead. As these industry giants continue to evolve, stakeholders and investors keenly watch their financial maneuvers, anticipating future shifts in this dynamic rivalry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025