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United Rentals10-K: Inflation impact

Adjusted EBITDA margin fell 120 basis points due to lower gross margins and market normalization.

What happened

Decreased margins from both core equipment rentals and used equipment sales are squeezing profitability. This creates significant pressure to find operational efficiencies, reduce costs, and improve asset productivity.

Source

SEC EDGARJan 28, 2026

Annual report (Form 10-K)

United Rentals 10-K

Filing excerpt

Adjusted EBITDA margin decreased 120 basis points to 45.5 percent, primarily reflecting 1) decreased gross margin from equipment rentals (excluding depreciation and stock compensation expense) and 2) decreased gross margin from sales of rental equipment (excluding the adjustment for the impact of the fair value mark-up of acquired fleet), which primarily reflected the normalization of the used equipment market, including pricing...

sec.gov/Archives/edgar/data/1047166/000106770126000007/uri-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Inflation impact

What this signalsFilings often name leadership changes, deals and spending plans.

Filed
Jan 28, 2026

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The full record

From the Signal API record

Numbers

PercentAdjusted EBITDA margin decrease in basis points
-1.2%

Details

CIK
1047166
Accession number
0001067701-26-000007
Timeframe
Current year
Filing year
2026
Why it matters
Efficiency tools needed
Signal category
Operations

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
Feb 3, 2026
signal_type
sec-10k
signal_subtype
inflationImpact

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/99ece347-6318-43cc-8107-bd59c8d10812 returns this record as JSON. POST /v1/companies/enrich returns every signal for unitedrentals.com.

{
  "signal_id": "99ece347-6318-43cc-8107-bd59c8d10812",
  "signal_type": "sec-10k",
  "signal_subtype": "inflationImpact",
  "detected_at": "2026-02-03T08:23:56.411+00:00",
  "company": {
    "name": "United Rentals",
    "domain": "unitedrentals.com"
  },
  "data": {
    "detail": "Decreased margins from both core equipment rentals and used equipment sales are squeezing profitability. This creates significant pressure to find operational efficiencies, reduce costs, and improve asset productivity.",
    "metrics": {
      "pct": -1.2,
      "timeframe": "current_year",
      "pct_context": "Adjusted EBITDA margin decrease in basis points"
    },
    "summary": "Adjusted EBITDA margin fell 120 basis points due to lower gross margins and market normalization.",
    "excerpts": "Adjusted EBITDA margin decreased 120 basis points to 45.5 percent, primarily reflecting 1) decreased gross margin from equipment rentals (excluding depreciation and stock compensation expense) and 2) decreased gross margin from sales of rental equipment (excluding the adjustment for the impact of the fair value mark-up of acquired fleet), which primarily reflected the normalization of the used equipment market, including pricing...",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1047166/000106770126000007/uri-20251231.htm",
    "filing_date": "2026-01-28",
    "filing_year": 2026,
    "sales_relevance": "Efficiency tools needed",
    "signal_category": "operations"
  }
}

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