United Rentals (LTS:0LIY) Tax Rate % : 22.01% (As of Mar. 2024)

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What is United Rentals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. United Rentals's Tax Expense for the three months ended in Mar. 2024 was $153 Mil. United Rentals's Pre-Tax Income for the three months ended in Mar. 2024 was $695 Mil. Therefore, United Rentals's Tax Rate % for the quarter that ended in Mar. 2024 was 22.01%.

United Rentals Tax Rate % Historical Data

The historical data trend for United Rentals's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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United Rentals Tax Rate % Chart

United Rentals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.46

21.86

24.92

24.88

24.51

United Rentals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.07	23.45	25.45	24.72	22.01

United Rentals Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

United Rentals's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	787	/	3211
	=	24.51 %

United Rentals's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	153	/	695
	=	22.01 %

United Rentals Tax Rate % Related Terms

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United Rentals (LTS:0LIY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » United Rentals Inc (LTS:0LIY) » Definitions » Tax Rate %

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URI:USA UR3:Germany U1RI34:Brazil

Address

100 First Stamford Place, Suite 700, Stamford, CT, USA, 06902

Website

https://www.unitedrentals.com

United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 17% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinitely long periods.

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