Herc Holdings Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-69	211	347	330	224	73.7
Depreciation & Amortization	183	127	112	95	68	62.5
Other Amortization	801	684	647	540	424	407.3
Loss (Gain) From Sale of Assets	147	107	-94	-36	-19	6.6
Asset Writedown & Restructuring Costs	-	-	-	-	-	7.6
Stock-Based Compensation	29	17	18	27	23	16.4
Provision & Write-off of Bad Debts	80	70	65	52	28	31.4
Other Operating Activities	17	71	90	88	58	22.9
Change in Accounts Receivable	-45	-62	-98	-172	-92	-24.6
Change in Accounts Payable	-5	2	7	-23	23	-6.4
Change in Other Net Operating Assets	-37	-2	-8	16	6	13.5
Operating Cash Flow	1,101	1,225	1,086	917	743	610.9
Operating Cash Flow Growth	-7.01%	12.80%	18.43%	23.42%	21.62%	-3.89%
Capital Expenditures	-891	-921	-1,151	-1,151	-534	-193
Sale of Property, Plant & Equipment	19	10	15	7	5	6.6
Cash Acquisitions	-4,289	-600	-430	-515	-431	-45.6
Divestitures	99	-	-	-	-	24.5
Other Investing Activities	-	-	-15	-23	-	-
Investing Cash Flow	-5,062	-1,511	-1,581	-1,682	-960	-207.5
Long-Term Debt Issued	-	2,808	2,127	2,618	1,132	528
Long-Term Debt Repaid	-	-2,418	-1,403	-1,631	-893	-938.6
Net Debt Issued (Repaid)	3,976	390	724	987	239	-410.6
Issuance of Common Stock	6	7	7	4	5	7.9
Repurchase of Common Stock	-	-	-120	-115	-	-
Common Dividends Paid	-83	-77	-73	-68	-15	-
Other Financing Activities	-18	-21	-26	-23	-9	-3.3
Financing Cash Flow	3,881	299	512	785	220	-406
Foreign Exchange Rate Adjustments	-1	-1	-	-1	-1	2.6
Net Cash Flow	-81	12	17	19	2	-
Free Cash Flow	210	304	-65	-234	209	417.9
Free Cash Flow Growth	-38.05%	-	-	-	-49.99%	154.04%
Free Cash Flow Margin	5.10%	8.52%	-1.98%	-8.54%	10.08%	23.46%
Free Cash Flow Per Share	6.99	10.67	-2.27	-7.75	6.88	14.21
Cash Interest Paid	266	258	221	114	83	92.4
Cash Income Tax Paid	18	12	30	22	23	5
Levered Free Cash Flow	215.88	226.88	-264.63	-301.28	258.9	414.08
Unlevered Free Cash Flow	426	384.38	-128.63	-229.03	308.65	469.49
Change in Working Capital	-87	-62	-99	-179	-63	-17.5

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