Herc Holdings Inc. (HRI)

Herc Holdings Income Statement

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

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

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q