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Herc Holdings HRI Equipment rental — Topic 842 revenues

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SKYTTools — Lease Revenue Per Topic 842
$0
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Other financials

Income statement

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Revenue$1.2B+20.2%
Net income$19.0M+154%
EPS (diluted)$0.57+149%

Balance sheet

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Cash & equivalents$43.0M-18.9%
Total debt$9.6B-3.1%
Total equity$1.9B-1.1%
Total assets$13.7B-2.1%

Cash flow

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Operating cash flow$314.0M+30.3%
CapEx$41.0M-12.8%
Free cash flow$273.0M+40.7%

Valuation

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Market cap$5.68B+53.7%
Enterprise value$15.21B+12.5%
P/E115.8×
P/S1.2×+0.2×

Profitability

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Gross margin97.8%
Net margin1%
FCF margin22.8%-1.3pp

Returns & leverage

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Return on equity2.6%
Debt / equity5.1×-0.1×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Herc Holdings in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.

The source filing: Herc Holdings’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 6:33 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001364479-26-000109
Line itemThree Months Ended June 30, 2026 / Topic 842Three Months Ended June 30, 2026 / Topic 606Three Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / Topic 842Three Months Ended June 30, 2025 / Topic 606Three Months Ended June 30, 2025 / Total
Delivery and pick-up72726060
Other38383333
Total other rental revenues3872110336093
Total equipment rental1,000721,07281060870
Sales of rental equipment110110106106
Sales of new equipment, parts and supplies12121717
Service and other revenues101099
Total revenues$1,000$204$1,204$810$192$1,002

Item 1. Financial Statements

FAQ

What is Herc Holdings's equipment rental — topic 842 revenues?
Herc Holdings (HRI) reported equipment rental — topic 842 revenues of $1B in Q2 2026.
How has Herc Holdings's equipment rental — topic 842 revenues changed year-over-year?
Herc Holdings's equipment rental — topic 842 revenues increased by 23.5% year-over-year, from $810M to $1B.
What is the long-term trend for Herc Holdings's equipment rental — topic 842 revenues?
Over 4 years (2021 to 2025), Herc Holdings's equipment rental — topic 842 revenues has grown at a 18.2% compound annual growth rate (CAGR), from $1.8B to $3.51B.
What does equipment rental — topic 842 revenues mean?
Measures the specific portion of equipment rental revenue recognized in accordance with ASC 842 lease accounting standards. By isolating these revenues, the metric provides a standardized view of lease-related income that is comparable across companies subject to the same accounting regulations. It is a critical measure for assessing the stability and growth of the core equipment leasing business model.

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