Herc Holdings Inc. (HRI) vs U-Haul Holding Company (UHAL)

Herc Holdings Inc. and U-Haul Holding Company are both Rental & Leasing Services companies. U-Haul Holding Company is the larger, with a market value of $10.1B against $4.2B — 2.4× the size. Herc Holdings Inc. trades at the lower P/E: 82.7× against 407×. Herc Holdings Inc. grew revenue faster over the last twelve months: 28.5% against 3.02%. Herc Holdings Inc. has the higher net margin (1.01% vs 0.47%) and the higher return on invested capital (4.04% vs 1.81%). Across the 21 metrics below, Herc Holdings Inc. leads on 15 and U-Haul Holding Company on 6.

Valuation

Metric HRI UHAL Rental & Leasing Services median
P/E 82.70 407.29 18.17
P/S 0.84 1.83 0.92
P/B 2.15 1.43 2.15
Price to free cash flow 10.20 n/m 7.80
EV/EBITDA 6.28 10.94 7.72
EV/Sales 2.48 2.99 2.47
Earnings yield 1.21% 0.25% 1.00%
Free cash flow yield 9.80% (4.85%) 1.43%

Profitability

Metric HRI UHAL Rental & Leasing Services median
Gross margin 51.98% 28.88% 49.40%
Operating margin 13.12% 6.99% 8.49%
Net margin 1.01% 0.47% 1.01%
Free cash flow margin 8.20% (8.89%) 1.87%
Return on equity 2.58% 0.36% 12.13%
Return on assets 0.35% 0.13% 0.24%
Return on invested capital 4.04% 1.81% 2.80%

Growth

Metric HRI UHAL Rental & Leasing Services median
Revenue growth (TTM) 28.50% 3.02% 3.21%
EPS growth (last fiscal year) (99.59%) (85.80%) (8.44%)
Revenue growth, 5-year CAGR 19.69% 5.86% 12.97%
Net income growth, 5-year CAGR (57.68%) (38.90%) 0.00%

Health

Metric HRI UHAL Rental & Leasing Services median
Debt to equity 4.24 1.06 1.48
Current ratio 1.10 1.77 1.36
Net debt to EBITDA 4.61 4.22 4.32

Dividend

Metric HRI UHAL Rental & Leasing Services median
Dividend yield 2.30% — 1.56%
Payout ratio 1.90 — 0.22

Size

Metric HRI UHAL Rental & Leasing Services median
Market cap 4.15b 10.07b 2.43b

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