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Herc Holdings HRI Rental equipment, net

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Segments

By geography

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United States$3.96B

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$5.18B-13.1%
Enterprise value$14.79B+46.8%
P/S1.1×-0.5×

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

Reported directly by Herc Holdings in its filing.

Tagged under the XBRL concept hri:RentalEquipmentNet.

The official record: Herc Holdings’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Herc Holdings's rental equipment, net?
Herc Holdings (HRI) reported rental equipment, net of $5.74B in Q1 2026.
How has Herc Holdings's rental equipment, net changed year-over-year?
Herc Holdings's rental equipment, net increased by 40.4% year-over-year, from $4.09B to $5.74B.
What is the long-term trend for Herc Holdings's rental equipment, net?
Over 5 years (2020 to 2025), Herc Holdings's rental equipment, net has grown at a 21.1% compound annual growth rate (CAGR), from $2.26B to $5.88B.
What does rental equipment, net mean?
This represents the book value of the company's revenue-generating fleet of machinery and equipment after accounting for accumulated depreciation. It serves as the primary productive asset base used to generate rental revenue across various industrial and construction sectors. Monitoring this balance helps investors assess the scale of the rental fleet and the company's ongoing capital investment in equipment lifecycle management.