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Herc Holdings HRI Net debt / EBITDA

Other financials

Income statement

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Revenue$1.1B+32.3%
Net income-$24.0M-33.3%
EPS (diluted)-$0.72-14.3%

Balance sheet

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Cash & equivalents$43.0M-10.4%
Total debt$9.7B+91.7%
Total equity$1.9B+39.8%
Total assets$13.6B+76.0%

Cash flow

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Operating cash flow$277.0M+62.0%
CapEx$41.0M+24.2%
Free cash flow$236.0M+71.0%

Valuation

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Market cap$4.78B-13.1%

Profitability

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Gross margin97.8%—
Net margin-0.1%—
FCF margin22%-5.3pp

Returns & leverage

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Return on equity-0.3%—
Debt / equity5.1×+1.4×
Current ratio1.5×0.0×

Where this comes from

Calculated from Herc Holdings’s reported figures.

net debt/ebitda=20.4×

Based on the most recent quarter.

The official record: Herc Holdings’s 10-Q, filed October 28, 2025, on SEC EDGAR. View the filing →

Questions, answered.

What is Herc Holdings's net debt / EBITDA?
Herc Holdings (HRI) reported net debt / EBITDA of 20.4× in Q3 2024.
How has Herc Holdings's net debt / EBITDA changed year-over-year?
Herc Holdings's net debt / EBITDA increased by 69.7% year-over-year, from 12× to 20.4×.
What is the long-term trend for Herc Holdings's net debt / EBITDA?
Over 3 years (2020 to 2023), Herc Holdings's net debt / EBITDA has grown at a 18.4% compound annual growth rate (CAGR), from 10× to 16.6×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.