Cash flow Herc Holdings Inc.

Equities

HRI

US42704L1044

Business Support Services

Market Closed - Nyse Other stock markets 20:00:03 11/03/2026 GMT			5-day change	1st Jan Change
115.46 ^USD	+0.49%		-16.29%	-22.19%

02-19	Herc Holdings Inc. Presents at Citi's Global Industrial Tech & Mobility Conference 2026, Feb-19-2026 09:40 AM
02-18	Herc Holdings Inc. Presents at Barclays 43rd Annual Industrial Select Conference, Feb-18-2026 11:35 AM

740fa66e30d5365903a.shIzPWq686W6EhuUB5uZZ8U7kX-VBkj2c18YN0rsups.gEEBRQz8npDDcW3_dPTrCI8P2DDNZzDDA2YtRge71O39KmBLPO2n0sJlVg

Published financial data: HERC HOLDINGS INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.07B	2.74B	3.28B	3.57B	4.38B
Total Revenues	2.07B	2.74B	3.28B	3.57B	4.38B
Cost of Goods Sold, Total	1.38B	1.67B	2.06B	2.22B	2.92B
Gross Profit	688M	1.06B	1.22B	1.35B	1.46B
Selling General & Admin Expenses, Total	311M	410M	448M	480M	564M
Depreciation & Amortization - (IS)	-	94.9M	112M	127M	224M
Other Operating Expenses, Total	311M	505M	560M	607M	788M
Operating Income	378M	559M	663M	743M	670M
Interest Expense, Total	-86.3M	-122M	-224M	-260M	-416M
Net Interest Expenses	-86.3M	-122M	-224M	-260M	-416M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	2.2M	-200K	8M	2M	-6M
EBT, Excl. Unusual Items	294M	437M	447M	485M	248M
Restructuring Charges	-400K	-1M	-	-	-
Merger & Related Restructuring Charges	-	-	-	-	-199M
Gain (Loss) On Sale Of Assets	-	-	-	-194M	-48M
Asset Writedown	-2.8M	-2.5M	-	-	-
Insurance Settlements	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	290M	433M	447M	291M	1M
Income Tax Expense	66.3M	104M	100M	80M	-
Earnings From Continuing Operations	224M	330M	347M	211M	1M
Net Income to Company	224M	330M	347M	211M	1M
Net Income - (IS)	224M	330M	347M	211M	1M
Net Income to Common Incl Extra Items	224M	330M	347M	211M	1M
Net Income to Common Excl. Extra Items	224M	330M	347M	211M	1M
Per Share Items
Net EPS - Basic	7.57	11.15	12.18	7.43	0.03
Basic EPS - Continuing Operations	7.57	11.15	12.18	7.43	0.03
Basic Weighted Average Shares Outstanding	29.6M	29.6M	28.5M	28.4M	31.3M
Net EPS - Diluted	7.37	10.92	12.09	7.4	0.03
Diluted EPS - Continuing Operations	7.37	10.92	12.09	7.4	0.03
Diluted Weighted Average Shares Outstanding	30.4M	30.2M	28.7M	28.5M	31.4M
Normalized Basic EPS	6.2	9.23	9.8	10.67	4.95
Normalized Diluted EPS	6.04	9.04	9.73	10.64	4.94
Dividend Per Share	1.08	2.3	2.53	2.66	2.8
Payout Ratio	6.6	20.64	21.04	36.49	8.7K
Supplemental Items
EBITDA	446M	654M	775M	870M	894M
EBITA	390M	590M	704M	788M	785M
EBIT	378M	559M	663M	743M	670M
EBITDAR	488M	710M	846M	951M	1.02B
Total Revenues (As Reported)	2.07B	2.74B	3.28B	3.57B	4.38B
Effective Tax Rate - (Ratio)	22.83	23.88	22.37	27.49	-
Current Domestic Taxes	12M	14.5M	7M	17M	10M
Current Foreign Taxes	900K	5.2M	4M	4M	-1M
Total Current Taxes	12.9M	19.7M	11M	21M	9M
Deferred Domestic Taxes	51.3M	84M	90M	65M	-12M
Deferred Foreign Taxes	2.1M	-200K	-1M	-6M	3M
Total Deferred Taxes	53.4M	83.8M	89M	59M	-9M
Normalized Net Income	184M	273M	279M	303M	155M
Interest on Long-Term Debt	1.3M	1.6M	2M	3M	3M
Non-Cash Pension Expense	-1.3M	1M	5M	3M	2M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	-	-	-	-	-
Net Rental Expense, Total	42.5M	56.3M	71M	81M	124M
Imputed Operating Lease Interest Expense	12.99M	18.06M	31.43M	35.28M	55.94M
Imputed Operating Lease Depreciation	29.51M	38.24M	39.57M	45.72M	68.06M
Stock-Based Comp., SG&A Exp. (Total)	23.3M	27.1M	18M	17M	34M
Total Stock-Based Compensation	23.3M	27.1M	18M	17M	34M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	35.1M	53.5M	71M	83M	52M
Total Cash And Short Term Investments	35.1M	53.5M	71M	83M	52M
Accounts Receivable, Total	388M	522M	563M	589M	769M
Other Receivables	-	-	-	-	-
Total Receivables	388M	522M	563M	589M	769M
Inventory	-	-	-	-	-
Prepaid Expenses	-	-	-	47M	72M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	46.5M	67.5M	98M	57M	63M
Total Current Assets	470M	644M	732M	776M	956M
Gross Property Plant And Equipment	1.08B	1.34B	1.55B	1.81B	2.84B
Accumulated Depreciation	-361M	-399M	-422M	-405M	-487M
Net Property Plant And Equipment	722M	944M	1.13B	1.41B	2.36B
Long-term Investments	-	-	-	-	-
Goodwill	232M	419M	483M	670M	2.87B
Other Intangibles, Total	389M	431M	467M	572M	1.66B
Deferred Tax Assets Long-Term	-	-	-	-	-
Deferred Charges Long-Term	6.1M	5.2M	8M	6M	12M
Other Long-Term Assets, Total	2.67B	3.51B	4.24B	4.45B	5.91B
Total Assets	4.49B	5.96B	7.06B	7.88B	13.78B
Liabilities
Accounts Payable, Total	281M	318M	212M	248M	337M
Accrued Expenses, Total	132M	160M	172M	177M	218M
Current Portion of Long-Term Debt	3.8M	4M	4M	4M	13M
Current Portion of Leases	50.1M	54M	52M	56M	75M
Current Income Taxes Payable	36.9M	32.6M	28M	30M	47M
Other Current Liabilities	27M	35M	40M	47M	40M
Total Current Liabilities	530M	604M	508M	562M	730M
Long-Term Debt	1.99B	2.98B	3.72B	4.11B	8.05B
Long-Term Leases	429M	580M	707M	902M	1.54B
Pension & Other Post Retirement Benefits	12.8M	21.8M	19M	16M	8M
Deferred Tax Liability Non Current	537M	646M	743M	800M	1.45B
Other Non Current Liabilities	19.3M	18.4M	95M	91M	49M
Total Liabilities	3.51B	4.85B	5.79B	6.48B	11.83B
Common Stock, Total	300K	300K	-	-	-
Additional Paid In Capital	1.82B	1.82B	1.82B	1.83B	2.45B
Retained Earnings	-53.4M	224M	498M	633M	547M
Treasury Stock	-692M	-807M	-927M	-927M	-927M
Comprehensive Income and Other	-100M	-128M	-118M	-142M	-120M
Total Common Equity	977M	1.11B	1.27B	1.4B	1.95B
Total Equity	977M	1.11B	1.27B	1.4B	1.95B
Total Liabilities And Equity	4.49B	5.96B	7.06B	7.88B	13.78B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	29.7M	29.12M	28.32M	28.46M	33.37M
ECS Total Common Shares Outstanding	29.7M	28.9M	28.2M	28.4M	33.3M
Book Value / Share	32.89	38.36	45.14	49.15	58.5
Tangible Book Value	357M	259M	323M	154M	-2.59B
Tangible Book Value Per Share	12.01	8.95	11.45	5.42	-77.78
Total Debt	2.47B	3.62B	4.48B	5.07B	9.68B
Net Debt	2.43B	3.56B	4.41B	4.99B	9.63B
Debt Equivalent of Unfunded Proj. Benefit Obligation	12M	21.4M	18M	15M	8M
Debt Equivalent Oper. Leases	340M	450M	568M	648M	992M
Account Code - Inventory Valuation	-	3	3	3	3
Land - (BS)	124M	143M	131M	136M	187M
Machinery, Total	351M	417M	503M	533M	770M
Full Time Employees	5.6K	6.6K	7.2K	7.6K	9.6K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	13.6M	17.6M	20M	22M	31M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	224M	330M	347M	211M	1M
Depreciation & Amortization - CF	55.6M	63.5M	71M	82M	109M
Amortization of Goodwill and Intangible Assets - (CF)	12.4M	31.4M	41M	45M	115M
Depreciation & Amortization, Total	68M	94.9M	112M	127M	224M
Amortization of Deferred Charges, Total - (CF)	424M	539M	647M	684M	864M
(Gain) Loss From Sale Of Asset	-19.8M	-36.9M	-94M	107M	-43M
Asset Writedown & Restructuring Costs	3.2M	3.5M	-	-	6M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	23.3M	27.1M	18M	17M	34M
Provision and Write-off of Bad Debts	28.9M	52.3M	65M	70M	88M
Other Operating Activities, Total	55.3M	86.6M	90M	71M	8M
Change In Accounts Receivable	-92.7M	-172M	-98M	-62M	-46M
Change In Inventories	-	-	-	-	-
Change In Accounts Payable	22.9M	-22.4M	7M	2M	36M
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	6.9M	14.4M	-8M	-2M	-87M
Cash from Operations	744M	917M	1.09B	1.22B	1.08B
Capital Expenditure	-535M	-1.15B	-1.15B	-921M	-806M
Sale of Property, Plant, and Equipment	4.6M	7.5M	15M	10M	20M
Cash Acquisitions	-431M	-515M	-430M	-600M	-4.26B
Divestitures	-	-	-	-	99M
Other Investing Activities, Total	-	-23M	-15M	-	-
Cash from Investing	-961M	-1.68B	-1.58B	-1.51B	-4.94B
Long-Term Debt Issued, Total	1.13B	2.62B	2.13B	2.81B	9.25B
Total Debt Issued	1.13B	2.62B	2.13B	2.81B	9.25B
Long-Term Debt Repaid, Total	-893M	-1.63B	-1.4B	-2.42B	-5.31B
Total Debt Repaid	-893M	-1.63B	-1.4B	-2.42B	-5.31B
Issuance of Common Stock	4.8M	3.8M	7M	7M	6M
Repurchase of Common Stock	-	-115M	-120M	-	-
Common Dividends Paid	-14.8M	-68.1M	-73M	-77M	-87M
Common & Preferred Stock Dividends Paid	-14.8M	-68.1M	-73M	-77M	-87M
Other Financing Activities, Total	-9M	-23.1M	-26M	-21M	-24M
Cash from Financing	220M	784M	512M	299M	3.83B
Foreign Exchange Rate Adjustments	-200K	-600K	-	-1M	1M
Net Change in Cash	2.1M	18.4M	17M	12M	-31M
Supplemental Items
Cash Interest Paid	82.7M	114M	221M	258M	419M
Cash Income Tax Paid (Refund)	22.8M	22.1M	30M	12M	24M
Levered Free Cash Flow	258M	-302M	-265M	227M	404M
Unlevered Free Cash Flow	309M	-229M	-129M	384M	656M
Change In Net Working Capital	-95.4M	85.4M	165M	-18M	71M
Net Debt Issued / Repaid	239M	987M	724M	390M	3.93B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	5.84	6.69	6.37	6.22	3.87
Return on Total Capital	7.57	8.55	7.91	7.6	4.63
Return On Equity %	26.07	31.64	29.15	15.81	0.06
Return on Common Equity	26.07	31.64	29.15	15.81	0.06
Margin Analysis
Gross Profit Margin %	33.21	38.85	37.26	37.84	33.32
SG&A Margin	14.99	14.97	13.65	13.45	12.89
EBITDA Margin %	21.5	23.88	23.61	24.38	20.43
EBITA Margin %	18.82	21.56	21.45	22.09	17.94
EBIT Margin %	18.22	20.41	20.2	20.82	15.31
Income From Continuing Operations Margin %	10.81	12.05	10.57	5.91	0.02
Net Income Margin %	10.81	12.05	10.57	5.91	0.02
Net Avail. For Common Margin %	10.81	12.05	10.57	5.91	0.02
Normalized Net Income Margin	8.85	9.97	8.51	8.5	3.54
Levered Free Cash Flow Margin	12.44	-11.03	-8.06	6.36	9.23
Unlevered Free Cash Flow Margin	14.88	-8.37	-3.92	10.77	14.99
Asset Turnover
Asset Turnover	0.51	0.52	0.5	0.48	0.4
Fixed Assets Turnover	3.27	3.29	3.16	2.81	2.33
Receivables Turnover (Average Receivables)	6.02	6.02	6.04	6.19	6.44
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	0.89	1.07	1.44	1.38	1.31
Quick Ratio	0.8	0.95	1.25	1.2	1.12
Operating Cash Flow to Current Liabilities	1.4	1.52	2.14	2.18	1.49
Days Sales Outstanding (Average Receivables)	60.68	60.68	60.39	59.08	56.63
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	53.57	65.26	46.98	37.95	36.59
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	252.7	326.09	351.85	363.32	497.07
Total Debt / Total Capital	71.65	76.53	77.87	78.42	83.25
LT Debt/Equity	247.18	320.86	347.45	359.03	492.56
Long-Term Debt / Total Capital	70.08	75.3	76.89	77.49	82.5
Total Liabilities / Total Assets	78.24	81.39	81.97	82.28	85.86
EBIT / Interest Expense	4.38	4.58	2.96	2.86	1.61
EBITDA / Interest Expense	5.66	5.82	3.78	3.66	2.45
(EBITDA - Capex) / Interest Expense	-0.54	-3.61	-1.36	0.12	0.51
Total Debt / EBITDA	5.06	5.09	5.29	5.33	9.51
Net Debt / EBITDA	4.98	5.01	5.21	5.25	9.46
Total Debt / (EBITDA - Capex)	-52.86	-8.2	-14.69	169.07	45.67
Net Debt / (EBITDA - Capex)	-52.11	-8.08	-14.45	166.3	45.43
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	16.38	32.11	19.78	8.71	22.65
Gross Profit, 1 Yr. Growth %	48.35	40.66	14.84	10.38	8
EBITDA, 1 Yr. Growth %	65.56	46.74	18.5	12.26	1.48
EBITA, 1 Yr. Growth %	81.7	51.37	19.32	11.93	-1.75
EBIT, 1 Yr. Growth %	82.73	48.03	18.6	12.07	-11.14
Earnings From Cont. Operations, 1 Yr. Growth %	204.07	47.21	5.15	-39.19	-99.53
Net Income, 1 Yr. Growth %	204.07	47.21	5.15	-39.19	-99.53
Normalized Net Income, 1 Yr. Growth %	179.89	48.81	3	8.5	-50
Diluted EPS Before Extra, 1 Yr. Growth %	193.63	48.17	10.71	-38.79	-99.59
Accounts Receivable, 1 Yr. Growth %	28.85	34.63	7.65	4.62	30.56
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	32.18	30.72	19.7	24.42	67.64
Total Assets, 1 Yr. Growth %	25.14	32.66	18.53	11.56	74.89
Tangible Book Value, 1 Yr. Growth %	3.21	-27.5	25.19	-52.32	-1.78K
Common Equity, 1 Yr. Growth %	31.66	13.49	14.89	9.66	39.54
Cash From Operations, 1 Yr. Growth %	21.79	23.21	18.43	12.8	-11.43
Capital Expenditures, 1 Yr. Growth %	177.15	115.2	0	-19.98	-12.49
Levered Free Cash Flow, 1 Yr. Growth %	-37.73	-217.18	-12.16	-185.73	72.73
Unlevered Free Cash Flow, 1 Yr. Growth %	-34.28	-174.27	-43.84	-398.83	67.6
Dividend Per Share, 1 Yr. Growth %	-	360	10	5.14	5.26
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.84	24	25.83	14.11	15.47
Gross Profit, 2 Yr. CAGR %	12.68	42.15	27.19	12.59	9.19
EBITDA, 2 Yr. CAGR %	20.2	55.87	31.82	15.34	6.85
EBITA, 2 Yr. CAGR %	23.81	65.84	34.36	15.57	5
EBIT, 2 Yr. CAGR %	23.53	64.47	32.44	15.29	-0.07
Earnings From Cont. Operations, 2 Yr. CAGR %	117.21	111.57	24.46	-20.04	-94.63
Net Income, 2 Yr. CAGR %	117.21	111.57	24.46	-20.04	-94.63
Normalized Net Income, 2 Yr. CAGR %	96.03	106.86	23.94	5.71	-25.51
Diluted EPS Before Extra, 2 Yr. CAGR %	112.64	108.58	28.08	-17.68	-95.02
Accounts Receivable, 2 Yr. CAGR %	12.49	31.71	20.44	6.12	16.87
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	17.94	31.45	25.1	22.04	44.42
Total Assets, 2 Yr. CAGR %	8.46	28.84	25.4	14.99	39.68
Tangible Book Value, 2 Yr. CAGR %	17.31	-13.5	-4.84	-22.74	183.17
Common Equity, 2 Yr. CAGR %	23.13	22.24	14.15	12.25	23.7
Cash From Operations, 2 Yr. CAGR %	8.19	22.5	20.9	15.58	-0.05
Capital Expenditures, 2 Yr. CAGR %	6.56	144.22	46.81	-10.55	-16.32
Levered Free Cash Flow, 2 Yr. CAGR %	93.65	-14.58	1.1	-13.22	24.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	33.94	-30.14	-35.45	29.55	130.31
Dividend Per Share, 2 Yr. CAGR %	-	-	124.94	7.54	5.2
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.6	11.07	22.59	19.84	16.89
Gross Profit, 3 Yr. CAGR %	9.67	25.19	32.43	21.32	11.04
EBITDA, 3 Yr. CAGR %	18.48	28.46	42.26	24.95	10.98
EBITA, 3 Yr. CAGR %	21.76	32.39	48.56	26.42	9.99
EBIT, 3 Yr. CAGR %	21.48	31.21	47.48	25.27	6.22
Earnings From Cont. Operations, 3 Yr. CAGR %	48.02	90.79	67.61	-1.97	-85.53
Net Income, 3 Yr. CAGR %	48.02	90.79	67.61	-1.97	-85.53
Normalized Net Income, 3 Yr. CAGR %	54.7	78.83	63.59	18.56	-17.02
Diluted EPS Before Extra, 3 Yr. CAGR %	45.55	88.51	68.88	0.14	-85.99
Accounts Receivable, 3 Yr. CAGR %	5.3	19.43	23.18	14.92	13.71
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	36.73	22.06	27.41	24.87	35.66
Total Assets, 3 Yr. CAGR %	7.54	15.99	25.31	20.6	32.24
Tangible Book Value, 3 Yr. CAGR %	23.75	-0.08	-2.23	-24.42	115.72
Common Equity, 3 Yr. CAGR %	19.48	19.83	19.71	12.64	20.69
Cash From Operations, 3 Yr. CAGR %	9.99	12.98	21.14	18.14	5.77
Capital Expenditures, 3 Yr. CAGR %	-2.48	34.69	81.35	19.92	-11.2
Levered Free Cash Flow, 3 Yr. CAGR %	439.98	63.79	-13.86	-4.31	10.25
Unlevered Free Cash Flow, 3 Yr. CAGR %	58.43	10.04	-35.05	7.59	42
Dividend Per Share, 3 Yr. CAGR %	-	-	-	74.57	6.78
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	5.92	9.32	10.67	12.29	19.69
Gross Profit, 5 Yr. CAGR %	14.4	20.14	18.56	20.01	22.59
EBITDA, 5 Yr. CAGR %	29.64	32.92	23.66	23.04	27.13
EBITA, 5 Yr. CAGR %	36.61	39.74	26.64	25.36	29.6
EBIT, 5 Yr. CAGR %	37.48	39.43	25.77	24.59	26.52
Earnings From Cont. Operations, 5 Yr. CAGR %	62.63	15.53	38.09	34.75	-57.68
Net Income, 5 Yr. CAGR %	62.63	15.53	38.09	34.75	-57.68
Normalized Net Income, 5 Yr. CAGR %	126.73	82.98	41.32	44.72	19.42
Diluted EPS Before Extra, 5 Yr. CAGR %	60.13	14.29	38.29	35.33	-58.74
Accounts Receivable, 5 Yr. CAGR %	5.76	6.23	11.11	13.94	20.62
Net Property, Plant and Equip., 5 Yr. CAGR %	21.56	26.95	31.95	22.05	33.96
Total Assets, 5 Yr. CAGR %	5.32	10.91	14.36	15.59	30.87
Tangible Book Value, 5 Yr. CAGR %	35.81	13.8	11.41	-9.89	49.6
Common Equity, 5 Yr. CAGR %	25.19	16.78	17.32	16.72	21.29
Cash From Operations, 5 Yr. CAGR %	11.41	21.3	14.2	14.02	12.17
Capital Expenditures, 5 Yr. CAGR %	5.95	22.58	14.82	14.35	33.09
Levered Free Cash Flow, 5 Yr. CAGR %	56.42	58.44	176.5	26.97	-0.5
Unlevered Free Cash Flow, 5 Yr. CAGR %	32.85	39.29	10.64	17.45	6.91