Friday 6 November 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.

Revenue: +4.60%
EPS: +246.0%
Free cash flow: −330.0%
Total debt: −1.98%

Quarter to September 2026, against a year earlier

150.35 8.06 −5.09%

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Market cap: $5.0B
P/E: 40.8×
Fwd P/E: 25.2×
Dividend yield: 1.86%
F-score: 3/9
Altman Z: 0.79
Beneish M: −2.36
Dividend safety: 37/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Herc Holdings Inc. (HRI) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2022: revenue by products and services, and margins
Equipment rental	2,552	93.14%
Sales of rental equipment, new equipment, parts and supplies	161	5.88%
Service and other revenue	27	0.99%
Gross margin		58.43%
Operating margin		20.40%
Pre-tax margin		15.84%

Revenue by product or service $m

Line	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Equipment rental	2,552 93.14%	1,910 92.14%	1,544 86.66%	1,702 85.13%	1,658 83.89%	1,499 85.44%	1,353 87.00%
Sales of rental equipment, new equipment, parts and supplies	161 5.88%	144 6.95%	—	—	—	—	—
Service and other revenue	27 0.99%	19 0.92%	11 0.61%	10 0.52%	13 0.65%	12 0.71%	11 0.73%
Also reported: a second breakdown of the same revenue
Equipment rental	2,284 83.36%	1,729 83.41%	—	—	—	—	—
Delivery and pick-up	170 6.20%	110 5.31%	—	—	—	—	—
Sales of rental equipment	125 4.56%	113 5.45%	199 11.14%	243 12.15%	256 12.96%	191 10.87%	123 7.88%
Other	98 3.58%	71 3.42%	—	—	—	—	—
Sales of new equipment, parts and supplies	36 1.31%	31 1.50%	28 1.58%	44 2.20%	49 2.49%	52 2.98%	68 4.39%
Sales of parts and supplies	28 1.02%	22 1.06%	—	—	—	—	—
Sales of new equipment	8 0.29%	9 0.43%	—	—	—	—	—
Total other rental revenues	268	—	—	—	—	—	—
Revenue	2,740	2,073	1,781	1,999	1,977	1,755	1,555

Revenue by segment $m

Line	FY2013	FY2012	FY2010	FY2009
U.S. Car Rental	6,331 58.76%	4,888 54.23%	—	—
International Car Rental	2,378 22.07%	2,265 25.13%	—	—
Equipment Rental	1,539 14.28%	1,382 15.33%	1,070 14.15%	1,111 15.64%
Other Segments	527 4.89%	478 5.30%	—	—
Car Rental	—	—	6,486 85.77%	5,979 84.19%
Unallocated Amount to Segment [Member] (Deprecated 2013-01-31)	—	—	6 0.08%	12 0.16%
Revenue	10,775	9,013	7,563	7,102

Revenue by region $m

Line	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2013	FY2012	FY2011	FY2010	FY2009
United States	2,499 91.20%	1,907 91.99%	1,624 91.19%	1,797 89.87%	1,758 88.93%	1,548 88.24%	7,921 73.51%	6,310 70.01%	5,414 65.24%	4,994 66.03%	4,676 65.84%
International	241 8.80%	166 8.01%	157 8.81%	202 10.13%	219 11.07%	206 11.76%	—	—	—	—	—
Outside United States	—	—	—	—	—	—	2,854 26.49%	2,703 29.99%	2,885 34.76%	2,569 33.97%	2,426 34.16%
Revenue	2,740	2,073	1,781	1,999	1,977	1,755	10,775	9,013	8,299	7,563	7,102

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Average fleet age	Q3 FY2026	46.00	45.00	+2.22%
Average fleet at OEC growth	Q3 FY2026	1.70%	38.0%	—
Dollar utilization	Q3 FY2026	43.5%	39.9%	—
Total fleet at OEC	Q3 FY2026	$10.0B	$9.6B	+4.17%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.