Herc Holdings/$HRI

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About Herc Holdings

Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest player in North America, after United Rentals and Sunbelt Rentals, with an approximate 6% market share pro forma for its 2025 acquisition of H&E Equipment Services. It serves a similar mix of companies to its peers (industrial, commercial, and residential construction) from its 450 locations targeting the top 100 metropolitan markets in the US. Herc's rental fleet of approximately $7 billion is also similar in composition to its peer group in terms of equipment offered. The company is also pursuing diversification by bundling and increasing specialty solutions for its customer base. Herc's portfolio skews toward local customers versus national accounts (60%/40%).
Ticker
$HRI
Primary listing
NYSE
Employees
9,600

Herc Holdings Metrics

BasicAdvanced
$4.6B
94.85
$1.46
1.88
$2.10
2.02%

What the Analysts think about Herc Holdings

Analyst ratings (Buy, Hold, Sell) for Herc Holdings stock.
Analyst projections of the future price of Herc Holdings stock.

Bulls say / Bears say

In Q2 2026, Herc’s equipment rental revenue rose 20% year-over-year to $1.20 billion, beating analyst estimates and prompting management to lift full-year 2026 rental revenue guidance to $4.375 billion–$4.475 billion and adjusted EBITDA guidance to $2.05 billion–$2.125 billion (Reuters)
Herc completed integration of its H&E Equipment Services acquisition in Q1 2026, creating a combined platform 30% larger by fleet, people and locations and expanding its specialty branch network by 25% to capture strategic synergies (Reuters)
In Q2 2026, higher volume on mega projects and a strategic shift toward specialty equipment rentals materially contributed to revenue growth, demonstrating successful diversification into higher-return segments (Reuters)
Adjusted EBITDA margin compressed 50 basis points to 40.4% in Q2 2026, reflecting integration expenses and inflationary cost pressures on profitability (Reuters)
Net debt surged to $7.9 billion by June 30, 2026 following the H&E acquisition, heightening leverage risk and placing pressure on Herc to drive significant EBITDA growth to meet its deleveraging targets (Reuters)
Fuel and transportation inflation detracted approximately 150 basis points from pro forma adjusted EBITDA margin in Q2 2026, posing an ongoing headwind to margin recovery if elevated cost levels persist (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2026.

Herc Holdings Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Herc Holdings Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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