H&E Equipment Services, Inc. (HEES)

H&E Equipment Services Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	1,469	1,245	1,063	1,007	1,124
Revenue Growth (YoY)	18.06%	17.10%	5.54%	-10.39%	-9.30%
Cost of Revenue	784.76	689.36	647.43	649.91	680.94
Gross Profit	684.46	555.16	415.36	357.06	442.82
Selling, General & Admin	405.43	343.85	290.79	266.4	286.97
Other Operating Expenses	2.33	-16.84	-7.75	47.25	-0.4
Operating Expenses	407.76	327.01	283.04	313.65	286.57
Operating Income	276.7	228.15	132.32	43.41	156.25
Interest Expense / Income	60.89	54.03	53.76	61.79	68.28
Other Expense / Income	-7.38	-5.09	-45.14	27.72	-21.98
Pretax Income	223.2	179.21	123.7	-46.1	109.95
Income Tax	53.9	47.04	21.16	-13.43	22.74
Net Income	169.29	132.17	102.54	-32.67	87.21
Net Income Growth	28.09%	28.90%	-	-	13.82%
Shares Outstanding (Basic)	36	36	36	36	36
Shares Outstanding (Diluted)	36	36	36	36	36
Shares Change	0.67%	-0.99%	1.06%	0.09%	0.36%
EPS (Basic)	4.69	3.68	2.83	-0.91	2.43
EPS (Diluted)	4.66	3.66	2.81	-0.91	2.42
EPS Growth	27.32%	30.25%	-	-	13.62%
Free Cash Flow	-172.01	-95.33	-47.35	307.11	100.06
Free Cash Flow Per Share	-4.76	-2.65	-1.31	8.52	2.79
Dividend Per Share	1.100	1.100	1.100	1.100	1.100
Gross Margin	46.59%	44.61%	39.08%	35.46%	39.40%
Operating Margin	18.83%	18.33%	12.45%	4.31%	13.90%
Profit Margin	11.52%	10.62%	9.65%	-3.24%	7.76%
Free Cash Flow Margin	-11.71%	-7.66%	-4.46%	30.50%	8.90%
Effective Tax Rate	24.15%	26.25%	17.11%	-	20.68%
EBITDA	692.1	548.74	453.35	295.74	466.4
EBITDA Margin	47.11%	44.09%	42.66%	29.37%	41.50%
Depreciation & Amortization	408.02	315.51	275.9	280.04	288.18
EBIT	284.09	233.24	177.46	15.7	178.22
EBIT Margin	19.34%	18.74%	16.70%	1.56%	15.86%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).