H&E Equipment Services Income Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 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	2016 - 2020
Rental Revenue	49.52	30.87	52.82	-	-	8.78	Upgrade
Other Revenue	-	-	-	9.19	3.99	-0.01	Upgrade
Total Revenue	49.52	30.87	52.82	9.19	3.99	8.77	Upgrade
Revenue Growth (YoY	-10.67%	-41.55%	475.03%	130.12%	-54.51%	-10.20%	Upgrade
Property Expenses	36.05	23.61	33.97	6.56	3.86	7.08	Upgrade
Selling, General & Administrative	58.59	30.95	25.61	6.49	4.92	2.39	Upgrade
Other Operating Expenses	-89.52	-99.56	4.75	-0.18	-0.11	-0.01	Upgrade
Total Operating Expenses	5.11	-45	64.33	12.86	8.82	9.66	Upgrade
Operating Income	44.41	75.87	-11.51	-3.67	-4.83	-0.88	Upgrade
Interest Expense	-140.59	-98.67	-19.22	-0.26	-1.2	-7.92	Upgrade
Interest & Investment Income	896.45	852.39	735.91	0.24	0.41	0.01	Upgrade
Currency Exchange Gain (Loss)	-0.79	-0.79	-0.07	-0	-	-	Upgrade
Other Non-Operating Income	179.96	145.11	-44.67	0	-0.19	-0.07	Upgrade
EBT Excluding Unusual Items	979.43	973.92	660.44	-3.7	-5.82	-8.87	Upgrade
Gain (Loss) on Sale of Investments	-13.54	-13.54	-0.08	-	-	-	Upgrade
Asset Writedown	-	-	-	427.56	20.97	1.37	Upgrade
Pretax Income	965.9	960.38	660.36	423.87	15.15	-7.51	Upgrade
Income Tax Expense	339.18	254.1	-	-	-	-	Upgrade
Net Income	626.71	706.28	660.36	423.87	15.15	-7.51	Upgrade
Net Income to Common	626.71	706.28	660.36	423.87	15.15	-7.51	Upgrade
Net Income Growth	-10.23%	6.95%	55.79%	2697.58%	-	-	Upgrade
Basic Shares Outstanding	998	998	998	998	921	624	Upgrade
Diluted Shares Outstanding	998	998	998	998	921	624	Upgrade
Shares Change (YoY)	0.01%	-	-	8.32%	47.70%	-	Upgrade
EPS (Basic)	0.63	0.71	0.66	0.42	0.02	-0.01	Upgrade
EPS (Diluted)	0.63	0.71	0.66	0.42	0.02	-0.01	Upgrade
EPS Growth	-10.23%	6.95%	55.79%	2482.70%	-	-	Upgrade
Operating Margin	89.68%	245.77%	-21.80%	-40.01%	-121.08%	-10.06%	Upgrade
Profit Margin	1265.55%	2287.78%	1250.27%	4614.65%	379.59%	-85.54%	Upgrade
EBITDA	45.64	76.99	-10.14	-3.66	-4.83	-0.88	Upgrade
EBITDA Margin	92.16%	249.40%	-19.20%	-39.89%	-120.92%	-9.99%	Upgrade
D&A For Ebitda	1.23	1.12	1.37	0.01	0.01	0.01	Upgrade
EBIT	44.41	75.87	-11.51	-3.67	-4.83	-0.88	Upgrade
EBIT Margin	89.68%	245.77%	-21.80%	-40.01%	-121.08%	-10.06%	Upgrade
Effective Tax Rate	35.12%	26.46%	-	-	-	-	Upgrade

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