Herc Holdings Inc - Understand $hri stock

$HRI Market Cap: $6.513 Billion

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Financial Snapshot

Revenue

$3.449B

TTM

Gross Margin

61.2%

TTM

Net Earnings

$348.0M

TTM

Current Assets

$851.0M

Q3 2024

Current Liabilities

$697.0M

Q3 2024

Current Ratio

122.09%

Q3 2024

Total Assets

$8.172B

Q3 2024

Total Liabilities

$6.695B

Q3 2024

Book Value

$1.477B

Q3 2024

Cash

$142.0M

Q3 2024

P/E

18.72

Nov 29, 2024 EST

Free Cash Flow

$47.00M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$3.282B	$2.739B	$2.073B	$1.781B	$1.999B	$1.977B	$1.755B	$1.555B	$10.54B	$11.05B	$10.78B	$9.013B	$8.299B	$7.563B
YoY Change	19.83%	32.11%	16.38%	-10.89%	1.13%	12.66%	12.84%	-85.24%	-4.63%	2.52%	19.55%	8.6%	9.74%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$3.282B	$2.739B	$2.073B	$1.781B	$1.999B	$1.977B	$1.755B	$1.555B	$10.54B	$11.05B	$10.78B	$9.013B	$8.299B	$7.563B
Cost Of Revenue	$1.284B	$998.1M	$848.9M	$830.2M	$947.5M	$1.071B	$39.50M	$53.00M	$73.00M	$77.50M	$935.3M	$929.5M	$883.0M
Gross Profit	$1.998B	$1.741B	$1.224B	$951.1M	$1.052B	$905.8M	$1.715B	$1.502B	$10.46B	$10.97B	$800.3M	$678.8M	$574.8M
Gross Profit Margin	60.88%	63.56%	59.05%	53.39%	52.6%	45.82%	97.75%	96.59%	99.31%	99.3%	7.43%	7.53%	6.93%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$448.0M	$410.1M	$310.8M	$257.4M	$294.8M	$311.3M	$319.1M	$275.3M	$267.6M	$251.4M	$1.053B	$978.0M	$767.7M	$664.5M
YoY Change	9.24%	31.95%	20.75%	-12.69%	-5.3%	-2.44%	15.91%	2.88%	6.44%	-76.13%	7.67%	27.39%	15.53%
% of Gross Profit	22.42%	23.56%	25.39%	27.06%	28.04%	34.37%	18.61%	18.33%	2.56%	2.29%	131.58%	144.08%	133.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$755.0M	$630.8M	$488.7M	$466.4M	$470.1M	$444.8M	$430.4M	$395.3M	$420.9M	$415.1M	$394.2M	$361.3M	$293.9M
YoY Change	19.69%	29.08%	4.78%	-0.79%	5.69%	3.35%	8.88%	-6.08%	1.4%	5.3%	9.11%	22.93%
% of Gross Profit	37.79%	36.24%	39.92%	49.04%	44.71%	49.11%	25.1%	26.32%	4.02%	3.78%	49.26%	53.23%	51.13%
Operating Expenses	$448.0M	$410.1M	$310.8M	$257.4M	$294.8M	$311.3M	$319.1M	$275.3M	$267.6M	$251.4M	$1.053B	$978.0M	$767.7M	$664.5M
YoY Change	9.24%	31.95%	20.75%	-12.69%	-5.3%	-2.44%	15.91%	2.88%	6.44%	-76.13%	7.67%	27.39%	15.53%
Operating Profit	$1.550B	$1.331B	$913.4M	$693.7M	$756.7M	$594.5M	$1.396B	$1.227B	$10.19B	$10.72B	-$252.7M	-$299.2M	-$192.9M
YoY Change	16.49%	45.68%	31.67%	-8.33%	27.28%	-57.41%	13.81%	-87.97%	-4.88%	-4341.04%	-15.54%	55.11%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	-$224.0M	$122.0M	$86.30M	$92.60M	$173.5M	$137.0M	-$136.0M	-$89.20M	-$27.00M	-$40.90M	$716.0M	$649.9M	$699.7M	$773.4M
YoY Change	-283.61%	41.37%	-6.8%	-46.63%	26.64%	-200.74%	52.47%	230.37%	-33.99%	-105.71%	10.17%	-7.12%	-9.53%
% of Operating Profit	-14.45%	9.17%	9.45%	13.35%	22.93%	23.04%	-9.74%	-7.27%	-0.26%	-0.38%
Other Income/Expense, Net	$8.000M	-$200.0K	$2.200M	-$4.600M	$2.400M	$200.0K	$1.200M	$3.200M	$56.10M	$4.200M	-$102.0M	-$34.00M	-$62.50M	-$5.000K
YoY Change	-4100.0%	-109.09%	-147.83%	-291.67%	1100.0%	-83.33%	-62.5%	-94.3%	1235.71%	-104.12%	200.0%	-45.6%	1249900.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$447.0M	$433.4M	$290.4M	$94.10M	$63.60M	$68.80M	-$64.40M	-$4.900M	$156.9M	$144.5M	$497.0M	$281.0M	$173.9M	-$128.1M
YoY Change	3.14%	49.24%	208.61%	47.96%	-7.56%	-206.83%	1214.29%	-103.12%	8.58%	-70.93%	76.87%	61.59%	-235.75%
Income Tax	$100.0M	$103.5M	$66.30M	$20.40M	$16.10M	-$300.0K	-$224.7M	$14.80M	$45.60M	$54.80M	$301.0M	$181.0M	$121.8M	$16.66M
% Of Pretax Income	22.37%	23.88%	22.83%	21.68%	25.31%	-0.44%			29.06%	37.92%	60.56%	64.41%	70.04%
Net Earnings	$347.0M	$329.9M	$224.1M	$73.70M	$47.50M	$69.10M	$160.3M	-$19.70M	$111.3M	$89.70M	$302.0M	$184.0M	$183.8M	-$31.30M
YoY Change	5.18%	47.21%	204.07%	55.16%	-31.26%	-56.89%	-913.71%	-117.7%	24.08%	-70.3%	64.13%	0.11%	-687.26%
Net Earnings / Revenue	10.57%	12.05%	10.81%	4.14%	2.38%	3.5%	9.14%	-1.27%	1.06%	0.81%	2.8%	2.04%	2.21%	-0.41%
Basic Earnings Per Share	$12.18	$11.15	$7.57	$2.53	$1.66	$2.43	$5.66	-$0.70	$3.69	$3.00	$0.72	$0.44	$0.39	-$0.12
Diluted Earnings Per Share	$12.09	$10.92	$7.37	$2.51	$1.63	$2.39	$5.60	-$0.70	$3.69	$2.87	$0.67	$0.41	$0.37	-$0.12

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$71.00M	$53.50M	$35.10M	$33.00M	$33.00M	$27.80M	$41.50M	$11.60M	$15.70M	$18.90M	$15.40M
YoY Change	32.71%	52.42%	6.36%	0.0%	18.71%	-33.01%	257.76%	-26.11%	-16.93%	22.73%
Cash & Equivalents	$71.00M	$53.50M	$35.10M	$33.00M	$33.00M	$27.80M	$41.50M	$11.60M	$15.70M	$18.90M	$15.40M
Short-Term Investments
Other Short-Term Assets	$98.00M	$67.50M	$46.50M	$32.90M	$60.00M	$22.30M	$23.00M	$35.30M	$27.00M	$59.10M	$103.9M
YoY Change	45.19%	45.16%	41.34%	-45.17%	169.06%	-3.04%	-34.84%	30.74%	-54.31%	-43.12%
Inventory						$17.90M	$23.70M	$24.10M	$22.30M	$29.30M	$39.20M
Prepaid Expenses
Receivables	$563.0M	$522.5M	$388.1M	$301.2M	$306.7M	$332.4M	$386.3M	$293.3M	$287.8M	$339.9M	$332.1M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$7.400M	$8.700M	$34.20M	$499.4M
Total Short-Term Assets	$732.0M	$643.5M	$469.7M	$367.1M	$399.7M	$400.4M	$474.5M	$371.7M	$361.5M	$481.4M	$990.0M
YoY Change	13.75%	37.0%	27.95%	-8.16%	-0.17%	-15.62%	27.66%	2.82%	-24.91%	-51.37%
Property, Plant & Equipment	$4.961B	$4.429B	$3.387B	$2.807B	$3.009B	$2.787B	$2.661B	$2.662B	$2.629B	$2.693B	$2.673B
YoY Change	12.01%	30.75%	20.69%	-6.73%	7.96%	4.75%	-0.04%	1.25%	-2.39%	0.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$418.0M	$34.10M	$13.10M	$18.20M	$23.10M	$38.10M	$39.40M	$34.70M	$14.90M	$12.00M	$12.20M
YoY Change	1125.81%	160.31%	-28.02%	-21.21%	-39.37%	-3.3%	13.54%	132.89%	24.17%	-1.64%
Total Long-Term Assets	$6.329B	$5.313B	$4.021B	$3.221B	$3.417B	$3.210B	$3.075B	$3.092B	$3.036B	$3.130B	$3.142B
YoY Change	19.12%	32.15%	24.82%	-5.74%	6.46%	4.38%	-0.53%	1.85%	-3.02%	-0.39%
Total Assets	$7.061B	$5.957B	$4.490B	$3.588B	$3.817B	$3.610B	$3.550B	$3.463B	$3.397B	$3.611B	$4.132B
YoY Change
Accounts Payable	$212.0M	$318.3M	$280.6M	$125.8M	$126.5M	$147.0M	$152.0M	$139.0M	$109.5M	$173.3M	$246.2M
YoY Change	-33.4%	13.44%	123.05%	-0.55%	-13.95%	-3.29%	9.35%	26.94%	-36.81%	-29.61%
Accrued Expenses	$258.0M	$269.6M	$234.1M	$136.0M	$129.7M	$83.50M	$77.50M	$78.20M	$47.80M	$62.30M	$72.60M
YoY Change	-4.3%	15.16%	72.13%	4.86%	55.33%	7.74%	-0.9%	63.6%	-23.27%	-14.19%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$73.20M	$472.3M	$719.0M
YoY Change								-100.0%	-84.5%	-34.31%
Long-Term Debt Due	$19.00M	$16.10M	$15.20M	$15.80M	$30.40M	$29.90M	$25.40M	$15.70M	$10.20M	$10.60M	$91.30M
YoY Change	18.01%	5.92%	-3.8%	-48.03%	1.67%	17.72%	61.78%	53.92%	-3.77%	-88.39%
Total Short-Term Liabilities	$508.0M	$604.0M	$529.9M	$328.0M	$323.1M	$299.2M	$290.7M	$242.9M	$282.3M	$758.9M	$1.175B
YoY Change	-15.89%	13.98%	61.55%	1.52%	7.99%	2.92%	19.68%	-13.96%	-62.8%	-35.39%
Long-Term Debt	$3.673B	$2.922B	$1.916B	$1.652B	$2.052B	$2.130B	$2.137B	$2.179B	$53.30M	$406.5M	$356.2M
YoY Change	25.71%	52.49%	16.02%	-19.5%	-3.68%	-0.34%	-1.9%	3987.43%	-86.89%	14.12%
Other Long-Term Liabilities	$864.0M	$675.7M	$530.7M	$392.9M	$338.8M	$160.1M	$148.7M	$32.00M	$32.10M	$27.40M	$23.50M
YoY Change	27.87%	27.32%	35.07%	15.97%	111.62%	7.67%	364.69%	-0.31%	17.15%	16.6%
Total Long-Term Liabilities	$4.537B	$3.598B	$2.447B	$2.044B	$2.390B	$2.290B	$2.286B	$2.211B	$85.40M	$433.9M	$379.7M
YoY Change	26.11%	47.03%	19.68%	-14.47%	4.38%	0.18%	3.4%	2488.52%	-80.32%	14.27%
Total Liabilities	$5.788B	$4.848B	$3.514B	$2.846B	$3.173B	$3.038B	$3.039B	$3.146B	$1.095B	$1.906B	$2.255B
YoY Change	19.39%	37.98%	23.44%	-10.28%	4.45%	-0.06%	-3.38%	187.27%	-42.55%	-15.47%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	28.50M shares	29.60M shares	29.60M shares	29.10M shares	28.70M shares	28.40M shares	28.30M shares	28.30M shares	30.20M shares	30.30M shares	422.0M shares	420.0M shares	415.9M shares	411.9M shares
Diluted Shares Outstanding	28.70M shares	30.20M shares	30.40M shares	29.40M shares	29.10M shares	28.90M shares	28.60M shares	28.30M shares	30.20M shares	31.60M shares	464.0M shares	448.0M shares	444.8M shares	411.9M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $6.5129 Billion

About HERC HOLDINGS INC

Herc Holdings, Inc. engages in the provision of equipment rental services. The company is headquartered in Bonita Springs, Florida and currently employs 7,200 full-time employees. The company went IPO on 2006-11-16. The firm offers a portfolio of equipment for rent. In addition to its principal business of equipment rental, the Company sells used equipment and contractor supplies such as construction consumables, tools, small equipment and safety supplies; provides repair, maintenance, equipment management services and safety training to certain of its customers; offers equipment re-rental services and provides on-site support to its customers, and provides ancillary services such as equipment transport, rental protection, cleaning, refueling and labor. Its fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. Its ProContractor business focuses on professional-grade tools and equipment, and offers industry-specific solutions-based services, which include power generation, climate control, remediation and restoration, pumps, trench shoring, studio and production equipment.

Industry: Services-Miscellaneous Equipment Rental & Leasing Peers: AIR LEASE CORP APPLIED INDUSTRIAL TECHNOLOGIES INC BEACON ROOFING SUPPLY INC BOISE CASCADE Co FASTENAL CO GATX CORP GMS Inc. MCGRATH RENTCORP RUSH ENTERPRISES INC \TX\ Univar Solutions Inc.