Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 25.80% is in line with its 5-year average of 25.59%, around the middle of its 5-year range (21.16%–31.07%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.73% above its 12-month average of 24.88%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
25.80%
OPERATING MARGIN AVG TTM
24.88%
OPERATING MARGIN AVG 3Y
26.35%
OPERATING MARGIN AVG 5Y
25.59%
OPERATING MARGIN AVG 10Y
24.73%
OPERATING MARGIN AVG 15Y
23.69%
OPERATING MARGIN AVG 20Y
22.02%
CURRENT VS TTM AVG
+3.73%
CURRENT VS 3Y AVG
-2.08%
CURRENT VS 5Y AVG
+0.86%
CURRENT VS 10Y AVG
+4.36%
CURRENT VS 15Y AVG
+8.91%
CURRENT VS 20Y AVG
+17.20%
SECTOR MEDIAN · INDUSTRIALS
13.97%
median of 132 covered companies
CURRENT VS SECTOR MEDIAN
+84.72%
vs the sector median at left
United Rentals, Inc.
Market Cap
$70.44B
Operating Margin
25.80%
TTM Avg
24.88%
3Y Avg
26.35%
5Y Avg
25.59%
Market Cap
$70.60B
Operating Margin
11.24%
TTM Avg
2.58%
3Y Avg
-8.07%
5Y Avg
-9.18%
Market Cap
$69.72B
Operating Margin
46.19%
TTM Avg
45.81%
3Y Avg
44.20%
5Y Avg
41.06%
Market Cap
$74.20B
Operating Margin
14.09%
TTM Avg
18.38%
3Y Avg
18.34%
5Y Avg
18.14%
Market Cap
$66.27B
Operating Margin
20.00%
TTM Avg
20.06%
3Y Avg
19.25%
5Y Avg
18.72%
Market Cap
$76.51B
Operating Margin
31.63%
TTM Avg
31.98%
3Y Avg
31.05%
5Y Avg
33.01%
Market Cap
$77.63B
Operating Margin
37.54%
TTM Avg
37.36%
3Y Avg
38.48%
5Y Avg
37.88%
Market Cap
$62.40B
Operating Margin
14.57%
TTM Avg
15.18%
3Y Avg
15.12%
5Y Avg
13.50%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United Rentals, Inc. (URI) | $70.44B | 25.80% | 24.88% | 26.35% | 25.59% |
| Bloom Energy Corporation (BE)vs › | $70.60B | 11.24% | 2.58% | -8.07% | -9.18% |
| TransDigm Group Incorporated (TDG)vs › | $69.72B | 46.19% | 45.81% | 44.20% | 41.06% |
| PACCAR Inc (PCAR)vs › | $68.76B | 9.81% | 12.47% | 13.66% | 10.74% |
| Honeywell International Inc. (HON)vs › | $74.20B | 14.09% | 18.38% | 18.34% | 18.14% |
| Republic Services, Inc. (RSG)vs › | $66.27B | 20.00% | 20.06% | 19.25% | 18.72% |
| Norfolk Southern Corporation (NSC)vs › | $76.51B | 31.63% | 31.98% | 31.05% | 33.01% |
| Canadian National Railway Company (CNI)vs › | $77.63B | 37.54% | 37.36% | 38.48% | 37.88% |
| W.W. Grainger, Inc. (GWW)vs › | $62.40B | 14.57% | 15.18% | 15.12% | 13.50% |
| Comfort Systems USA, Inc. (FIX)vs › | $62.03B | 16.46% | 12.54% | 9.81% | 8.67% |
Gross Margin
37.1%
Operating Margin
25.8%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 25.80% |
| 2026-03-31 | 21.81% |
| 2025-12-31 | 25.00% |
| 2025-09-30 | 26.34% |
| 2025-06-30 | 25.44% |
| 2025-03-31 | 21.65% |
| 2024-12-31 | 26.54% |
| 2024-09-30 | 28.13% |
| 2024-06-30 | 26.64% |
| 2024-03-31 | 24.48% |
| 2023-12-31 | 28.62% |
| 2023-09-30 | 29.32% |
| 2023-06-30 | 26.53% |
| 2023-03-31 | 22.56% |
| 2022-12-31 | 31.07% |
| 2022-09-30 | 30.15% |
| 2022-06-30 | 25.84% |
| 2022-03-31 | 22.66% |
| 2021-12-31 | 26.87% |
| 2021-09-30 | 26.16% |
| 2021-06-30 | 21.16% |
| 2021-03-31 | 18.13% |
| 2020-12-31 | 22.64% |
| 2020-09-30 | 25.93% |
| 2020-06-30 | 19.80% |
| 2020-03-31 | 16.94% |
| 2019-12-31 | 24.47% |
| 2019-09-30 | 26.45% |
| 2019-06-30 | 23.36% |
| 2019-03-31 | 17.81% |
| 2018-12-31 | 26.06% |
| 2018-09-30 | 28.26% |
| 2018-06-30 | 25.17% |
| 2018-03-31 | 19.78% |
| 2017-12-31 | 26.33% |
| 2017-09-30 | 27.01% |
| 2017-06-30 | 23.67% |
| 2017-03-31 | 19.47% |
| 2016-12-31 | 27.25% |
| 2016-09-30 | 28.05% |
| 2016-06-30 | 24.42% |
| 2016-03-31 | 19.39% |
| 2015-12-31 | 26.07% |
| 2015-09-30 | 28.77% |
| 2015-06-30 | 26.24% |
| 2015-03-31 | 22.81% |
| 2014-12-31 | 27.24% |
| 2014-09-30 | 27.33% |
| 2014-06-30 | 23.23% |
| 2014-03-31 | 18.51% |
| 2013-12-31 | 25.56% |
| 2013-09-30 | 25.71% |
| 2013-06-30 | 20.73% |
| 2013-03-31 | 13.55% |
| 2012-12-31 | 18.90% |
| 2012-09-30 | 18.21% |
| 2012-06-30 | 4.63% |
| 2012-03-31 | 13.26% |
| 2011-12-31 | 15.42% |
| 2011-09-30 | 21.88% |
| 2011-06-30 | 15.10% |
| 2011-03-31 | 5.74% |
| 2010-12-31 | 7.87% |
| 2010-09-30 | 15.37% |
| 2010-06-30 | 10.59% |
| 2010-03-31 | -0.42% |
| 2009-12-31 | 4.31% |
| 2009-09-30 | 11.32% |
| 2009-06-30 | 0.81% |
| 2009-03-31 | 3.03% |
| 2008-12-31 | -132.49% |
| 2008-09-30 | 21.53% |
| 2008-06-30 | 15.40% |
| 2008-03-31 | 13.21% |
| 2007-12-31 | 18.82% |
| 2007-09-30 | 21.53% |
| 2007-06-30 | 17.70% |
| 2007-03-31 | 11.77% |
| 2006-12-31 | 23.56% |
| 2006-09-30 | 20.19% |
| 2006-06-30 | 15.08% |
| 2006-03-31 | 10.40% |
| 2005-12-31 | 13.91% |
| 2005-09-30 | 17.45% |
| 2005-06-30 | 14.75% |
| 2005-03-31 | 8.74% |
| 2004-12-31 | 14.92% |
| 2004-09-30 | -0.69% |
| 2004-06-30 | 13.80% |
| 2004-03-31 | 5.10% |
| 2003-12-31 | -28.18% |
| 2003-09-30 | 14.09% |
| 2003-06-30 | 13.00% |
| 2003-03-31 | 6.80% |
| 2002-12-31 | -29.92% |
| 2002-09-30 | 15.31% |
