H&E Equipment Services Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2017 - 2021
Period Ending	Jun '25 Jun 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2017 - 2021
Operating Revenue	2,829	2,687	2,087	2,367	2,176	1,879	Upgrade
Revenue	2,829	2,687	2,087	2,367	2,176	1,879	Upgrade
Revenue Growth (YoY)	34.72%	28.76%	-11.83%	8.79%	15.77%	18.53%	Upgrade
Cost of Revenue	1,011	964.38	805.48	926.98	896.91	812.37	Upgrade
Gross Profit	1,818	1,723	1,282	1,440	1,279	1,067	Upgrade
Selling, General & Admin	671.82	641.29	632.64	729.76	703.71	658.72	Upgrade
Other Operating Expenses	537.24	502.74	274.83	269.53	319.67	209.64	Upgrade
Operating Expenses	1,362	1,293	1,065	1,101	1,039	879.22	Upgrade
Operating Income	456.34	429.4	216.67	338.85	239.87	187.86	Upgrade
Interest Expense	-9.97	-9.58	-7.77	-2.78	-2.61	-4.28	Upgrade
Interest & Investment Income	-	-	85.92	34.28	15.46	29.92	Upgrade
Other Non Operating Income (Expenses)	95.71	81.9	3.87	3.11	1.5	5.21	Upgrade
EBT Excluding Unusual Items	542.08	501.72	298.69	373.46	254.22	218.72	Upgrade
Impairment of Goodwill	-	-	-	-0.3	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	5.92	11.35	-	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	3.59	0.85	-	Upgrade
Asset Writedown	-	-	-	-27.79	-	-	Upgrade
Other Unusual Items	229.72	196.87	-	-6.8	-	-	Upgrade
Pretax Income	771.8	698.59	298.69	348.08	266.42	218.72	Upgrade
Income Tax Expense	163.53	144.98	74.06	80.87	77.87	48.14	Upgrade
Net Income	608.27	553.61	224.63	267.21	188.55	170.58	Upgrade
Net Income to Common	608.27	553.61	224.63	267.21	188.55	170.58	Upgrade
Net Income Growth	199.45%	146.45%	-15.93%	41.72%	10.53%	116.73%	Upgrade
Shares Outstanding (Basic)	67	67	66	65	65	65	Upgrade
Shares Outstanding (Diluted)	67	67	66	65	65	65	Upgrade
Shares Change (YoY)	-0.16%	1.46%	1.35%	-	-	-	Upgrade
EPS (Basic)	9.10	8.26	3.40	4.08	2.88	2.60	Upgrade
EPS (Diluted)	9.06	8.22	3.38	4.08	2.88	2.60	Upgrade
EPS Growth	199.93%	142.91%	-17.06%	41.72%	10.55%	117.00%	Upgrade
Free Cash Flow	-	549.52	349.18	463.37	58.65	277.53	Upgrade
Free Cash Flow Per Share	-	8.16	5.26	7.08	0.90	4.24	Upgrade
Dividend Per Share	-	2.500	2.000	2.000	1.600	0.400	Upgrade
Dividend Growth	-	25.00%	-	25.00%	300.00%	100.00%	Upgrade
Gross Margin	64.28%	64.11%	61.41%	60.84%	58.78%	56.78%	Upgrade
Operating Margin	16.13%	15.98%	10.38%	14.31%	11.02%	10.00%	Upgrade
Profit Margin	21.50%	20.60%	10.76%	11.29%	8.67%	9.08%	Upgrade
Free Cash Flow Margin	-	20.45%	16.73%	19.57%	2.70%	14.77%	Upgrade
EBITDA	556.71	510.71	221.73	347.11	255.13	198.72	Upgrade
EBITDA Margin	19.68%	19.01%	10.62%	14.66%	11.73%	10.57%	Upgrade
D&A For EBITDA	100.37	81.31	5.06	8.26	15.26	10.86	Upgrade
EBIT	456.34	429.4	216.67	338.85	239.87	187.86	Upgrade
EBIT Margin	16.13%	15.98%	10.38%	14.31%	11.02%	10.00%	Upgrade
Effective Tax Rate	21.19%	20.75%	24.80%	23.23%	29.23%	22.01%	Upgrade
Revenue as Reported	2,925	2,769	2,180	2,424	2,210	1,923	Upgrade
Advertising Expenses	-	-	138.58	147.3	102.19	96.22	Upgrade

Updated Jan 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.