Herc Holdings Inc. (HRI)

Herc Holdings Income 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,779	3,568	3,282	2,740	2,073	1,781
Revenue Growth (YoY)	11.41%	8.71%	19.78%	32.18%	16.38%	-10.89%
Cost of Revenue	2,410	2,218	2,059	1,675	1,317	1,255
Gross Profit	1,369	1,350	1,223	1,065	756	526.6
Selling, General & Admin	496	480	448	411	310	257.4
Operating Expenses	642	607	560	506	378	319.9
Operating Income	727	743	663	559	378	206.7
Interest Expense	-284	-260	-224	-122	-86	-94.1
Currency Exchange Gain (Loss)	-	-	-	-	-	-2.1
Other Non Operating Income (Expenses)	7	2	8	-3	-1	-8.4
EBT Excluding Unusual Items	450	485	447	434	291	102.1
Merger & Restructuring Charges	-144	-	-	-	-	-1.7
Gain (Loss) on Sale of Assets	-243	-194	-	-	-	-
Asset Writedown	-	-	-	-	-	-6.3
Pretax Income	63	291	447	434	291	94.1
Income Tax Expense	40	80	100	104	67	20.4
Net Income	23	211	347	330	224	73.7
Net Income to Common	23	211	347	330	224	73.7
Net Income Growth	-93.22%	-39.19%	5.15%	47.32%	203.94%	55.16%
Shares Outstanding (Basic)	29	28	29	30	30	29
Shares Outstanding (Diluted)	29	29	29	30	30	29
Shares Change (YoY)	1.76%	-0.70%	-4.97%	-0.66%	3.40%	1.03%
EPS (Basic)	0.80	7.43	12.18	11.15	7.57	2.53
EPS (Diluted)	0.79	7.40	12.09	10.92	7.37	2.51
EPS Growth	-93.37%	-38.79%	10.71%	48.17%	193.63%	53.99%
Free Cash Flow	254	304	-65	-234	209	417.9
Free Cash Flow Per Share	8.79	10.67	-2.27	-7.75	6.88	14.21
Dividend Per Share	2.730	2.660	2.530	2.300	0.500	-
Dividend Growth	5.20%	5.14%	10.00%	360.00%	-	-
Gross Margin	36.23%	37.84%	37.26%	38.87%	36.47%	29.56%
Operating Margin	19.24%	20.82%	20.20%	20.40%	18.23%	11.60%
Profit Margin	0.61%	5.91%	10.57%	12.04%	10.81%	4.14%
Free Cash Flow Margin	6.72%	8.52%	-1.98%	-8.54%	10.08%	23.46%
EBITDA	873	870	775	654	446	269.2
EBITDA Margin	23.10%	24.38%	23.61%	23.87%	21.52%	15.11%
D&A For EBITDA	146	127	112	95	68	62.5
EBIT	727	743	663	559	378	206.7
EBIT Margin	19.24%	20.82%	20.20%	20.40%	18.23%	11.60%
Effective Tax Rate	63.49%	27.49%	22.37%	23.96%	23.02%	21.68%
Revenue as Reported	3,779	3,568	3,282	2,740	2,073	1,781

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

SEC Filings: 10-K · 10-Q