Herc Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,856	4,376	3,568	3,282	2,740	2,073
Revenue Growth	28.50%	22.65%	8.71%	19.78%	32.18%	16.38%
Cost of Revenue	3,305	2,918	2,218	2,059	1,675	1,317
Gross Profit	1,551	1,458	1,350	1,223	1,065	756
Selling, General & Admin	620	564	469	440	411	310
Operating Expenses	914	788	596	552	506	378
Operating Income	637	670	754	671	559	378
Interest Expense	-522	-416	-260	-224	-122	-86
Other Non Operating Income (Expenses)	139	-6	2	-	-3	-1
EBT Excluding Unusual Items	254	248	496	447	434	291
Merger & Restructuring Charges	-199	-199	-11	-	-	-
Gain (Loss) on Sale of Assets	1	-48	-194	-	-	-
Pretax Income	56	1	291	447	434	291
Income Tax Expense	7	-	80	100	104	67
Net Income	49	1	211	347	330	224
Net Income to Common	49	1	211	347	330	224
Net Income Growth	113.04%	-99.53%	-39.19%	5.15%	47.32%	203.94%
Shares Outstanding (Basic)	33	31	28	29	30	30
Shares Outstanding (Diluted)	34	31	29	29	30	30
Shares Change	15.92%	10.17%	-0.70%	-4.97%	-0.66%	3.40%
EPS (Basic)	1.47	0.03	7.43	12.18	11.15	7.57
EPS (Diluted)	1.46	0.03	7.40	12.09	10.92	7.37
EPS Growth	85.23%	-99.59%	-38.79%	10.71%	48.17%	193.63%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	367	279	304	-65	-234	209
Free Cash Flow Per Share	10.96	8.88	10.67	-2.27	-7.75	6.88
Dividend Per Share	2.800	2.800	2.660	2.530	2.300	0.500
Dividend Growth	2.56%	5.26%	5.14%	10.00%	360.00%	-
Gross Margin	31.94%	33.32%	37.84%	37.26%	38.87%	36.47%
Operating Margin	13.12%	15.31%	21.13%	20.45%	20.40%	18.23%
Profit Margin	1.01%	0.02%	5.91%	10.57%	12.04%	10.81%
Free Cash Flow Margin	7.56%	6.38%	8.52%	-1.98%	-8.54%	10.08%
EBITDA	931	894	881	783	654	446
EBITDA Margin	19.17%	20.43%	24.69%	23.86%	23.87%	21.52%
D&A For EBITDA	294	224	127	112	95	68
EBIT	637	670	754	671	559	378
EBIT Margin	13.12%	15.31%	21.13%	20.45%	20.40%	18.23%
Effective Tax Rate	12.50%	-	27.49%	22.37%	23.96%	23.02%
Revenue as Reported	4,856	4,376	3,568	3,282	2,740	2,073

SEC Filings: 10-K · 10-Q