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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$5.62B+45.6%
Enterprise value$15.15B+10.7%
P/E114.7×
P/S1.2×+0.1×

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:SellingGeneralAndAdministrativeExpense.

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, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation of rental equipment242195484367
Cost of sales of rental equipment8686195162
Cost of sales of new equipment, parts and supplies8101718
Selling, general and administrative155127301245
Transaction expenses3738147
Non-rental depreciation and amortization754514878
Interest expense, net12686254148
Loss on assets held for sale4949

Item 1. Financial Statements

FAQ

What is Herc Holdings's SG&A?
Herc Holdings (HRI) reported SG&A of $155M in Q2 2026.
How has Herc Holdings's SG&A changed year-over-year?
Herc Holdings's SG&A increased by 22.0% year-over-year, from $127M to $155M.
What is the long-term trend for Herc Holdings's SG&A?
Over 4 years (2021 to 2025), Herc Holdings's SG&A has grown at a 16.1% compound annual growth rate (CAGR), from $310.8M to $564M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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