H&E Equipment Services, Inc. (HEES)

H&E Equipment Services Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	90.89	122.98	169.29	132.17	102.54	-32.67
Depreciation & Amortization	61.55	58.69	41.39	33.58	31.44	33.51
Other Amortization	381.46	377.9	349.55	269.54	233.64	235.32
Loss (Gain) From Sale of Assets	-81.19	-95.16	-103.02	-60.23	-58.55	-58.69
Asset Writedown & Restructuring Costs	-	-	5.71	-	-	61.99
Stock-Based Compensation	10.26	11.24	10.03	7.26	4.43	4.36
Provision & Write-off of Bad Debts	5.42	5.32	4.86	3.26	1.89	4.02
Other Operating Activities	35.18	51.49	66.44	56.85	43.24	48.36
Change in Accounts Receivable	28.05	-1.46	-26.91	-59.77	2.87	9.33
Change in Inventory	45.89	11.91	-76.92	-75.38	-56.54	-9.52
Change in Accounts Payable	-47.02	-42.33	-43.99	30	11.21	31.04
Change in Other Net Operating Assets	-20.42	-4.99	9.04	-25.96	-14.52	-41.04
Operating Cash Flow	510.05	495.6	405.48	313.24	259.57	286.02
Operating Cash Flow Growth	14.46%	22.23%	29.45%	20.67%	-9.25%	-10.40%
Capital Expenditures	-296.31	-312.57	-581.95	-432.2	-318.8	6.57
Sale of Property, Plant & Equipment	12.19	11.3	4.45	23.63	11.88	14.52
Cash Acquisitions	-36.21	-157.78	-31.27	-135.71	-	-
Other Investing Activities	-	-	-	-2.26	135.95	-
Investing Cash Flow	-320.33	-459.04	-608.76	-546.54	-170.98	21.09
Long-Term Debt Issued	-	1,785	1,790	1,278	1,418	2,944
Long-Term Debt Repaid	-	-1,768	-1,609	-1,279	-1,418	-2,861
Net Debt Issued (Repaid)	-140.52	17.34	181.48	-1.14	-0.19	82.88
Repurchase of Common Stock	-7.71	-5.78	-6.05	-1.67	-2.11	-1.41
Common Dividends Paid	-40.25	-40.21	-40.04	-39.86	-39.75	-39.6
Other Financing Activities	-	-	-4.94	-	-0.14	-52.35
Financing Cash Flow	-188.48	-28.65	130.45	-42.67	-42.18	-10.47
Net Cash Flow	1.25	7.91	-72.83	-275.97	46.41	296.64
Free Cash Flow	213.74	183.04	-176.46	-118.96	-59.23	292.58
Free Cash Flow Growth	-	-	-	-	-	211.22%
Free Cash Flow Margin	14.59%	12.07%	-12.01%	-9.56%	-5.57%	29.06%
Free Cash Flow Per Share	5.86	5.01	-4.86	-3.30	-1.63	8.11
Cash Interest Paid	69.99	70.62	56.58	51.83	51.75	76.55
Cash Income Tax Paid	22.06	11.35	5.81	5.89	4.81	-0.22
Levered Free Cash Flow	296.46	276.53	-92.05	-81.38	64.89	286.84
Unlevered Free Cash Flow	338	319.55	-56.52	-49.76	96.35	323.95
Change in Net Working Capital	-70.51	-49.52	47.6	57.87	-69.93	10.96

Updated Apr 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q