Herc Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,376	3,568	3,282	2,740	2,073
Revenue Growth (YoY)	22.65%	8.71%	19.78%	32.18%	16.38%
Cost of Revenue	2,918	2,218	2,059	1,675	1,317
Gross Profit	1,458	1,350	1,223	1,065	756
Selling, General & Admin	564	469	440	411	310
Operating Expenses	788	596	552	506	378
Operating Income	670	754	671	559	378
Interest Expense	-416	-260	-224	-122	-86
Other Non Operating Income (Expenses)	-6	2	-	-3	-1
EBT Excluding Unusual Items	248	496	447	434	291
Merger & Restructuring Charges	-199	-11	-	-	-
Gain (Loss) on Sale of Assets	-48	-194	-	-	-
Pretax Income	1	291	447	434	291
Income Tax Expense	-	80	100	104	67
Net Income	1	211	347	330	224
Net Income to Common	1	211	347	330	224
Net Income Growth	-99.53%	-39.19%	5.15%	47.32%	203.94%
Shares Outstanding (Basic)	31	28	29	30	30
Shares Outstanding (Diluted)	31	29	29	30	30
Shares Change (YoY)	10.17%	-0.70%	-4.97%	-0.66%	3.40%
EPS (Basic)	0.03	7.43	12.18	11.15	7.57
EPS (Diluted)	0.03	7.40	12.09	10.92	7.37
EPS Growth	-99.59%	-38.79%	10.71%	48.17%	193.63%
Free Cash Flow	279	304	-65	-234	209
Free Cash Flow Per Share	8.88	10.67	-2.27	-7.75	6.88
Dividend Per Share	2.800	2.660	2.530	2.300	0.500
Dividend Growth	5.26%	5.14%	10.00%	360.00%	-
Gross Margin	33.32%	37.84%	37.26%	38.87%	36.47%
Operating Margin	15.31%	21.13%	20.45%	20.40%	18.23%
Profit Margin	0.02%	5.91%	10.57%	12.04%	10.81%
Free Cash Flow Margin	6.38%	8.52%	-1.98%	-8.54%	10.08%
EBITDA	894	881	783	654	446
EBITDA Margin	20.43%	24.69%	23.86%	23.87%	21.52%
D&A For EBITDA	224	127	112	95	68
EBIT	670	754	671	559	378
EBIT Margin	15.31%	21.13%	20.45%	20.40%	18.23%
Effective Tax Rate	-	27.49%	22.37%	23.96%	23.02%
Revenue as Reported	4,376	3,568	3,282	2,740	2,073

Source: S&P Global Market Intelligence. Standard template. Financial Sources.