H&E Equipment Services Income Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2020
Period Ending	Jun '25 Jun 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	2019 - 2020
Revenue	230.66	230.29	201.11	163.73	100.63	87.54	Upgrade
Revenue Growth (YoY)	2.59%	14.51%	22.83%	62.71%	14.95%	9.16%	Upgrade
Cost of Revenue	162.63	175.2	161.87	133.13	77.04	59.88	Upgrade
Gross Profit	68.02	55.09	39.24	30.6	23.59	27.66	Upgrade
Selling, General & Admin	19.16	18.58	16.68	16.75	13.34	9.84	Upgrade
Operating Expenses	21.83	21.57	16.46	16.88	11.31	11.63	Upgrade
Operating Income	46.19	33.53	22.79	13.72	12.28	16.03	Upgrade
Interest & Investment Income	3.6	3.21	1.3	0.33	0.05	0.21	Upgrade
Currency Exchange Gain (Loss)	-5.25	2.61	1.38	1.76	0.66	-0.48	Upgrade
Other Non Operating Income (Expenses)	0.08	0.08	0.02	0.98	-	0.01	Upgrade
EBT Excluding Unusual Items	44.61	39.42	25.49	16.78	12.99	15.76	Upgrade
Gain (Loss) on Sale of Assets	-	0.1	0.01	-	-	-	Upgrade
Pretax Income	44.61	39.53	25.5	17.7	12.99	15.76	Upgrade
Income Tax Expense	11.12	9.88	6.38	5.03	3.28	3.7	Upgrade
Net Income	33.5	29.64	19.12	12.67	9.71	12.06	Upgrade
Net Income to Common	33.5	29.64	19.12	12.67	9.71	12.06	Upgrade
Net Income Growth	48.56%	55.04%	50.90%	30.54%	-19.49%	44.05%	Upgrade
Shares Outstanding (Basic)	429	429	429	418	362	362	Upgrade
Shares Outstanding (Diluted)	429	429	429	418	362	362	Upgrade
Shares Change (YoY)	-	-	2.70%	15.55%	-	-	Upgrade
EPS (Basic)	0.08	0.07	0.04	0.03	0.03	0.03	Upgrade
EPS (Diluted)	0.08	0.07	0.04	0.03	0.03	0.03	Upgrade
EPS Growth	48.56%	55.04%	46.93%	12.96%	-19.49%	44.05%	Upgrade
Free Cash Flow	27.11	-12.37	68.45	18.28	7.16	10.64	Upgrade
Free Cash Flow Per Share	0.06	-0.03	0.16	0.04	0.02	0.03	Upgrade
Dividend Per Share	0.036	0.030	0.019	0.014	-	-	Upgrade
Dividend Growth	24.20%	60.43%	36.50%	-	-	-	Upgrade
Gross Margin	29.49%	23.92%	19.51%	18.69%	23.44%	31.60%	Upgrade
Operating Margin	20.03%	14.56%	11.33%	8.38%	12.20%	18.31%	Upgrade
Profit Margin	14.52%	12.87%	9.51%	7.74%	9.65%	13.77%	Upgrade
Free Cash Flow Margin	11.75%	-5.37%	34.03%	11.16%	7.11%	12.16%	Upgrade
EBITDA	46.55	33.88	22.97	13.87	12.41	16.25	Upgrade
EBITDA Margin	20.18%	14.71%	11.42%	8.47%	12.33%	18.57%	Upgrade
D&A For EBITDA	0.36	0.35	0.18	0.15	0.13	0.23	Upgrade
EBIT	46.19	33.53	22.79	13.72	12.28	16.03	Upgrade
EBIT Margin	20.03%	14.56%	11.33%	8.38%	12.20%	18.31%	Upgrade
Effective Tax Rate	24.92%	25.00%	25.02%	28.41%	25.26%	23.47%	Upgrade

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