Saturday 17 October 2026 Export HRI’s income statement to Excel — free account

Herc Holdings Inc.

HRI Industrials Rental & Leasing Services

Herc Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 22.6% from fiscal 2024. In the quarter to June 2026, revenue grew 20.2%, EPS grew 148.7%, free cash flow grew 100.0% and total debt fell 4.38%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five; insiders bought in the last twelve months.

121.57 2.43 −1.96%

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Market cap: $4.2B
P/E: 82.7×
Fwd P/E: 26.2×
Dividend yield: 2.30%
F-score: 3/9
Altman Z: 0.79
Beneish M: −2.36
Dividend safety: 37/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.93

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	—	—	—	—	—	1	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 2.07%

Capital & Financial Ratios $m

Market Cap 4,150.00

Revenue 4,856.00

Net Income 49.00

Free Cash Flow 398.00

Net Debt 7,967.00

Current Ratio 1.10

Debt/Equity 4.24

P/E ratio 82.70

Fwd P/E 26.20

P/S ratio 0.84

P/B ratio 2.15

Past 5Y EPS Growth (58.74%)

This Y EPS Growth (6.25%)

Next Y EPS Growth 53.57%

Next Y revenue growth 13.16%

Next 5Y EPS Growth 26.55%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 93.85%

10-year low 10-year high

P/S against its own 10 years 37.15%

10-year low 10-year high

P/B against its own 10 years 23.63%

10-year low 10-year high

EV/Sales against its own 10 years 64.25%

10-year low 10-year high

EV/FCF against its own 10 years 53.45%

10-year low 10-year high

Dividends

Payout Ratio 1.90

Annual Dividend Rate 2.80

Annual Dividend Yield 2.30%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.86	0.70 0.70 0.70
2025	1.61	0.70 0.70 0.70 0.70
2024	2.66	0.67 0.67 0.67 0.67
2023	2.53	0.63 0.63 0.63 0.63
2022	2.30	0.58 0.58 0.58 0.58
2021	0.50	0.50
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	71	83	52	43
Receivables	563	589	769	805
Inventory	—	—	—	—
Other	68	57	63	60
	732	776	956	960

	2023	2024	2025	Q'26
Payables	212	248	337	482
ST’ Debt	19	21	32	32
Other	19	15	—	—
	508	562	730	871

Compound Annual Growth %

	10y	5y	3y
Sales	10.06%	19.69%	16.89%
Cash Flow	8.14%	12.17%	5.77%
Earnings	(37.58%)	(57.68%)	(85.53%)
Book Value	(1.66%)	21.29%	20.69%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,139	1,204	—	—	—
’25	861	1,002	1,304	1,209	4,376
’24	804	848	965	951	3,568
’23	740	802	908	832	3,282
’22	568	640	745	787	2,740
’21	454	491	550	578	2,073
’20	436	368	457	520	1,781

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	277	314	—	—	—
’25	171	241	358	315	1,085
’24	240	318	336	331	1,225
’23	235	281	280	290	1,086
’22	143	216	264	294	917
’21	135	193	175	240	743
’20	102	179	144	187	611

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	94	108	—	—	—
’25	49	54	30	166	299
’24	92	56	70	96	314
’23	(78)	(49)	(54)	131	(50)
’22	(126)	(49)	(54)	2	(227)
’21	73	69	(26)	99	214
’20	39	124	74	187	425

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.72)	0.57	—	—	—
’25	(0.63)	(1.17)	0.90	0.72	0.03
’24	2.29	2.46	4.28	(1.62)	7.40
’23	2.28	2.66	3.96	3.20	12.09
’22	1.92	2.38	3.36	3.27	10.92
’21	1.09	1.55	2.37	2.36	7.37
’20	(0.13)	0.07	1.35	1.19	2.51

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	20.85	33.27	24.16	25.05	11.81	61.19	83.43	93.97	124.70	96.19	Analyst estimates 2026–2028 Powerpack
	High	42.95	65.93	72.99	50.81	67.32	203.14	175.00	162.47	246.88	212.19
People
People	Employees	4,800	4,900	4,900	5,100	4,800	560	6,600	7,200	7,600	9,600
	Revenue/emp, $m	0.32	0.36	0.40	0.39	0.37	3.70	0.42	0.46	0.47	0.46
Income, $m
Income, $m	Revenue	1,555	1,755	1,977	1,999	1,781	2,073	2,740	3,282	3,568	4,376
	Gross margin, %	45.14	45.83	46.01	47.59	52.24	56.73	58.43	56.86	56.87	52.88
	EBT	(5)	(64)	69	64	94	291	434	447	291	1
	EBT margin, %	(0.32)	(3.67)	3.48	3.18	5.28	14.04	15.84	13.62	8.16	0.02
	Net income	(20)	160	69	48	74	224	330	347	211	1
	Depreciation	401	437	451	475	470	492	635	759	811	1,088
Per share, $
Per share, $	Revenue	54.94	62.00	69.60	69.65	61.21	70.03	92.57	115.16	125.63	139.81
	Earnings	(0.72)	5.66	2.43	1.66	2.53	7.57	11.15	12.18	7.43	0.03
	Cash flow	15.31	12.34	19.69	22.15	20.99	25.10	30.98	38.11	43.13	34.66
	Capex	(13.96)	(14.49)	(19.96)	(16.15)	(6.41)	(17.87)	(38.65)	(39.86)	(32.08)	(25.11)
	Free cash flow	1.36	(2.15)	(0.28)	6.00	14.59	7.23	(7.67)	(1.75)	11.06	9.55
	Book value	11.23	18.04	20.17	22.45	25.50	33.00	37.43	44.67	49.15	62.24
	Shares, m	28	28	28	29	29	30	30	29	28	31
Valuation, ×
Valuation, ×	P/E	0.00	11.21	10.74	29.48	26.25	20.68	11.86	12.11	25.45	0.00
	P/S	0.73	1.02	0.37	0.70	1.08	2.24	1.42	1.28	1.51	1.06
	P/B	3.58	3.51	1.29	2.18	2.60	4.74	3.52	3.31	3.85	2.38
	EV/Sales	2.12	2.30	1.51	1.79	2.07	3.20	2.52	2.42	2.66	2.91
	EV/FCF	85.93	(66.12)	(378.03)	20.74	8.67	31.03	(30.38)	(158.77)	30.21	42.61
Cash, $m
Cash, $m	Operating cash flow	433	349	559	636	611	743	917	1,086	1,225	1,085
	Capex	(395)	(410)	(567)	(463)	(186)	(529)	(1,144)	(1,136)	(911)	(786)
	Free cash flow	38	(61)	(8)	172	425	214	(227)	(50)	314	299
Balance, $m
Balance, $m	Working capital	129	184	101	77	39	(60)	40	224	214	226
	Total debt	2,194	2,275	2,276	2,200	1,782	2,043	3,046	3,796	4,191	8,148
	Net debt	2,163	2,234	2,248	2,167	1,749	2,007	2,992	3,725	4,108	8,096
	Shareholders’ equity	318	510	573	644	742	977	1,108	1,273	1,396	1,948
Returns, %
Returns, %	ROA	(0.57)	4.57	1.93	1.28	1.99	5.55	6.32	5.33	2.83	0.01
	ROIC	1.92	1.69	4.56	5.22	4.80	7.92	8.52	8.39	8.56	4.17
	ROE	(1.50)	38.72	12.76	7.81	10.63	26.06	31.66	29.15	15.81	0.06

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
R Ryder System, Inc.	$9.2B	19.4×	18.1×	+4.95% (above 0%: growing)	+8.31% (above 0%: growing)	+103.98% (above 0%: growing)	19.72%	7.56%	Compare
GATX GATX Corporation	$5.8B	16.4×	17.1×	+34.75% (above 0%: growing)	+37.68% (above 0%: growing)	+231.20% (above 0%: growing)	72.56%	27.65%	Compare
HRI Herc Holdings Inc.	$4.2B	82.7×	26.2×	+20.16% (above 0%: growing)	n/m	+100.00% (above 0%: growing)	51.41%	12.21%
CAR Avis Budget Group, Inc.	$3.9B	— (loss-making)	51.7×	−1.35% (below 0%: shrinking)	+900.00% (above 0%: growing)	−28.24% (below 0%: shrinking)	49.10%	14.81%	Compare
EQPT EquipmentShare.com Inc.	$3.7B	15.1×	38.5×	+102.37% (above 0%: growing)	n/m	−17.02% (below 0%: shrinking)	28.36%	6.49%	Compare
WSC WillScot Holdings Corporation	$3.0B	— (loss-making)	25.5×	+3.92% (above 0%: growing)	0.00%	−60.91% (below 0%: shrinking)	61.83%	19.19%	Compare
MGRC McGrath RentCorp	$2.8B	18.2×	17.0×	−6.16% (below 0%: shrinking)	−5.48% (below 0%: shrinking)	−124.93% (below 0%: shrinking)	48.80%	24.10%	Compare
CTOS Custom Truck One Source, Inc.	$2.1B	100×	84.3×	+10.16% (above 0%: growing)	n/m	−104.58% (below 0%: shrinking)	22.00%	8.27%	Compare
VSTS Vestis Corporation	$1.9B	— (loss-making)	168×	−1.80% (below 0%: shrinking)	n/m	+478.29% (above 0%: growing)	28.02%	5.63%	Compare
Median of peers	$3.3B	18.2×	32.0×	+4.44%	+8.31%	−22.63%	38.58%	11.54%

All 20 Rental & Leasing Services stocks →

Herc Holdings Inc. (HRI) key facts

Strength: Herc Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 22.6% from fiscal 2024.
Herc Holdings Inc. (HRI) is a Rental & Leasing Services company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, HRI traded at $121.57, a market capitalization of $4.2 billion.
Herc Holdings Inc. pays an annual dividend of $2.80 per share, a yield of 2.30%, with a payout ratio of 190.5%.
Return on equity was 0.06% and debt-to-equity 4.24.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.79 (distress zone) for fiscal 2025.