Herc Holdings Inc (HRI) Financial Statements
Industry: Miscellaneous Equipment Rental & Leasing (Services)
In fiscal 2025, Herc reported revenue of $4.38B, up 22.6% from $3.57B the year before. Net income was $1.0M (a 0.0% net margin), or $0.03 per diluted share. Operating activities generated $1.08B of cash, leaving $928.0M of free cash flow. At fiscal year end, Herc held $13.78B in total assets against $11.83B in total liabilities, including $52.0M of cash and equivalents.
Open the full interactive Herc financials → Quarterly statements, key ratios, valuation history and price charts.
Herc Key Stats
| Share Price | $128.70 |
|---|---|
| Market Cap | $4.31B |
| P/E Ratio | 4290.0 |
| Revenue YoY Growth | +22.7% |
| 52-Week Range | $90.13 – $178.47 |
| Shares Outstanding | 33.4 million (basic, 2026 Q2) |
Herc Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.78B | $2.07B | $2.74B | $3.28B | $3.57B | $4.38B |
| Pre-Tax Income | $94.1M | $290.4M | $433.4M | $447.0M | $291.0M | $1.0M |
| Income Tax | $20.4M | $66.3M | $103.5M | $100.0M | $80.0M | $0 |
| Net Income | $73.7M | $224.1M | $329.9M | $347.0M | $211.0M | $1.0M |
| Diluted EPS | $2.51 | $7.37 | $10.92 | $12.09 | $7.40 | $0.03 |
Herc Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.30B | $1.21B | $1.14B | $1.20B |
| Net Income | $30.0M | $24.0M | -$24.0M | $19.0M |
| Diluted EPS | $0.90 | $0.76 | -$0.72 | $0.57 |
Herc Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $33.0M | $35.1M | $53.5M | $71.0M | $83.0M | $52.0M |
| Current Assets | $367.1M | $469.7M | $643.5M | $732.0M | $776.0M | $956.0M |
| Total Assets | $3.59B | $4.49B | $5.96B | $7.06B | $7.88B | $13.78B |
| Current Liabilities | $328.0M | $529.9M | $604.0M | $508.0M | $562.0M | $730.0M |
| Total Long-Term Debt | $1.67B | $1.93B | $2.93B | $3.69B | $4.09B | $8.05B |
| Total Liabilities | $2.85B | $3.51B | $4.85B | $5.79B | $6.48B | $11.83B |
| Shareholders' Equity | $742.0M | $976.9M | $1.11B | $1.27B | $1.40B | $1.95B |
Herc Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $610.9M | $744.0M | $916.7M | $1.09B | $1.23B | $1.08B |
| Cash From Investing | -$207.5M | -$961.3M | -$1.68B | -$1.58B | -$1.51B | -$4.94B |
| Cash From Financing | -$406.0M | $219.6M | $784.1M | $512.0M | $299.0M | $3.83B |
| Free Cash Flow | $569.5M | $696.0M | $813.0M | $930.0M | $1.06B | $928.0M |
Figures from Herc's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Herc financials page for every line item.
Herc Company Profile
| Ticker | HRI |
|---|---|
| Exchange | NYSE |
| Industry | Miscellaneous Equipment Rental & Leasing (Services) |
| Headquarters | Bonita Springs, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001364479 |
Frequently Asked Questions
What was Herc's revenue in fiscal 2025?
Herc (HRI) reported revenue of $4.38B for fiscal 2025.
What is Herc's annual revenue history?
Herc's annual revenue by fiscal year: 2020: $1.78B; 2021: $2.07B; 2022: $2.74B; 2023: $3.28B; 2024: $3.57B; 2025: $4.38B.
What was Herc's net income in fiscal 2025?
Herc reported net income of $1.0M for fiscal 2025.
What was Herc's earnings per share (EPS) in fiscal 2025?
Herc's diluted EPS was $0.03 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Herc generate in fiscal 2025?
Herc generated $928.0M of free cash flow in fiscal 2025.
What was Herc's revenue last quarter?
In its most recent reported quarter (2026 Q2), Herc reported revenue of $1.20B.
How much debt does Herc have?
Herc reported $8.05B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Herc are outstanding?
Herc reported a weighted average of 33.4 million basic shares outstanding in 2026 Q2.
What is Herc's market cap?
Based on its latest closing price, Herc (HRI) has a market capitalization of about $4.31B.
When does Herc's fiscal year end?
Herc's fiscal year end, as registered with the SEC, is December 31.
Where is Herc headquartered?
Herc lists its business address in Bonita Springs, Florida in its SEC filings.