• United Rentals average return on tangible equity for 2023 was 396.61, a 90.84% decline from 2022.
• United Rentals average return on tangible equity for 2022 was 4329.48, a 4150.41% decline from 2021.
• United Rentals average return on tangible equity for 2021 was -106.89, a 121.9% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.