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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,625	3,568	3,282	2,740	2,073	1,781
Revenue Growth (YoY)	8.34%	8.71%	19.78%	32.18%	16.38%	-10.89%
Cost of Revenue	2,282	2,218	2,059	1,675	1,317	1,255
Gross Profit	1,343	1,350	1,223	1,065	756	526.6
Selling, General & Admin	486	480	448	411	310	257.4
Operating Expenses	617	607	560	506	378	319.9
Operating Income	726	743	663	559	378	206.7
Interest Expense	-261	-260	-224	-122	-86	-94.1
Currency Exchange Gain (Loss)	-	-	-	-	-	-2.1
Other Non Operating Income (Expenses)	-5	2	8	-3	-1	-8.4
EBT Excluding Unusual Items	460	485	447	434	291	102.1
Merger & Restructuring Charges	-64	-	-	-	-	-1.7
Gain (Loss) on Sale of Assets	-194	-194	-	-	-	-
Asset Writedown	-	-	-	-	-	-6.3
Pretax Income	202	291	447	434	291	94.1
Income Tax Expense	74	80	100	104	67	20.4
Net Income	128	211	347	330	224	73.7
Net Income to Common	128	211	347	330	224	73.7
Net Income Growth	-62.90%	-39.19%	5.15%	47.32%	203.94%	55.16%
Shares Outstanding (Basic)	28	28	29	30	30	29
Shares Outstanding (Diluted)	29	29	29	30	30	29
Shares Change (YoY)	0.26%	-0.70%	-4.97%	-0.66%	3.40%	1.03%
EPS (Basic)	4.50	7.43	12.18	11.15	7.57	2.53
EPS (Diluted)	4.48	7.40	12.09	10.92	7.37	2.51
EPS Growth	-63.02%	-38.79%	10.71%	48.17%	193.63%	53.99%
Free Cash Flow	259	304	-65	-234	209	417.9
Free Cash Flow Per Share	9.08	10.67	-2.27	-7.75	6.88	14.21
Dividend Per Share	2.695	2.660	2.530	2.300	0.500	-
Dividend Growth	5.17%	5.14%	10.00%	360.00%	-	-
Gross Margin	37.05%	37.84%	37.26%	38.87%	36.47%	29.56%
Operating Margin	20.03%	20.82%	20.20%	20.40%	18.23%	11.60%
Profit Margin	3.53%	5.91%	10.57%	12.04%	10.81%	4.14%
Free Cash Flow Margin	7.14%	8.52%	-1.98%	-8.54%	10.08%	23.46%
EBITDA	857	870	775	654	446	269.2
EBITDA Margin	23.64%	24.38%	23.61%	23.87%	21.52%	15.11%
D&A For EBITDA	131	127	112	95	68	62.5
EBIT	726	743	663	559	378	206.7
EBIT Margin	20.03%	20.82%	20.20%	20.40%	18.23%	11.60%
Effective Tax Rate	36.63%	27.49%	22.37%	23.96%	23.02%	21.68%
Revenue as Reported	3,625	3,568	3,282	2,740	2,073	1,781

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q