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

United Rentals leads in gross profit over RB Global.

__timestamp	RB Global, Inc.	United Rentals, Inc.
Wednesday, January 1, 2014	423213000	2432000000
Thursday, January 1, 2015	459849000	2480000000
Friday, January 1, 2016	500333000	2403000000
Sunday, January 1, 2017	531504000	2769000000
Monday, January 1, 2018	636629000	3364000000
Tuesday, January 1, 2019	672825000	3670000000
Wednesday, January 1, 2020	761671000	3183000000
Friday, January 1, 2021	822188000	3853000000
Saturday, January 1, 2022	957107000	4996000000
Sunday, January 1, 2023	1778400000	5813000000
Monday, January 1, 2024	4284200000	6150000000

Cracking the code

A Tale of Two Giants: United Rentals vs. RB Global

In the competitive landscape of industrial equipment rental, United Rentals, Inc. and RB Global, Inc. have been key players. Over the past decade, United Rentals has consistently outperformed RB Global in terms of gross profit. From 2014 to 2023, United Rentals' gross profit surged by approximately 139%, peaking at an impressive $5.8 billion in 2023. In contrast, RB Global's growth, while steady, was more modest, with a 320% increase, reaching $1.8 billion in the same year. This stark difference highlights United Rentals' dominant market position and strategic prowess. However, the data for 2024 is incomplete, leaving room for speculation on future trends. As the industry evolves, these companies' strategies will be crucial in shaping their financial trajectories. Stay tuned to see how these titans adapt to the ever-changing market dynamics.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025