What is Herc Holdings's earnings per share (EPS)?

Herc Holdings (HRI) reported diluted earnings per share of $0.03 for fiscal year 2025. This represents a -99.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Herc Holdings Financials

HRI

Trailing 12 months to June 30, 2026

Revenue $4.9B +28.5% YoY

Net Income $49.0M +113.0% YoY

EPS (Diluted) $1.53 +77.9% YoY

Free Cash Flow $1.1B +21.6% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 28, 2026 Currency USD FYE December

Herc Holdings (HRI) reported $4.9B in revenue over the twelve months to Jun 30, 2026, up 28.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HRI FY2025 2026-04-28

Herc’s cash-generative operating model was overshadowed in FY2025 by a debt-heavy balance-sheet expansion that diluted accounting returns.

FY2025 shows a sharp earnings-quality disconnect: operating cash flow remained $1.1B even as net income collapsed to $1M. With free cash flow still at $928M and year-end cash just $52M, the business appears able to produce cash from operations, but the much larger balance sheet leaves little room to rely on cash-on-hand instead.

The jump in total assets to $13.8B from $7.9B makes FY2025 look like a step-change year, not a normal incremental one. Revenue increased, but returns on assets and equity fell to near zero, so the new asset base has not yet produced matching accounting profit or shareholder returns.

Long-term debt climbed to $8.0B from $4.1B, which explains why balance-sheet scale rose faster than liquidity. Even with a current ratio of 1.3x, only $52M of cash means day-to-day flexibility depends more on collections and operating cash flow than on cash reserves or unused slack.

Financial Health Signals

Financial Health Score 36/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Herc Holdings's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Not available for Herc Holdings, and counted as zero in the overall score.

Growth

Herc Holdings's revenue surged 22.6% year-over-year to $4.4B, reflecting rapid business expansion. This strong growth earns a score of 76/100.

Leverage

Herc Holdings has elevated debt relative to equity (D/E of 4.12), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 14/100, reflecting increased financial risk.

Liquidity

Herc Holdings's current ratio of 1.31 indicates adequate short-term liquidity, earning a score of 34/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Herc Holdings converts 21.2% of revenue into free cash flow ($928.0M). This strong cash generation earns a score of 91/100.

Returns

Not available for Herc Holdings, and counted as zero in the overall score.

Piotroski F-Score Partial

3/8

Herc Holdings passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

N/A

Herc Holdings reported $1.0M of net income while generating $1.1B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.

Key Financial Metrics

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Earnings & Revenue

Revenue

$4.4B

YoY+22.6%

5Y CAGR+19.7%

10Y CAGR-8.4%

Herc Holdings generated $4.4B in revenue in fiscal year 2025. This represents an increase of 22.6% from the prior year.

Net Income

$1.0M

YoY-99.5%

5Y CAGR-57.7%

10Y CAGR-37.6%

Herc Holdings reported $1.0M in net income in fiscal year 2025. This represents a decrease of 99.5% from the prior year.

EPS (Diluted)

$0.03

YoY-99.6%

5Y CAGR-58.7%

10Y CAGR-38.2%

Herc Holdings earned $0.03 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 99.6% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

$928.0M

YoY-12.8%

5Y CAGR+10.3%

10Y CAGR+8.3%

Herc Holdings generated $928.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 12.8% from the prior year.

Cash & Debt

$52.0M

YoY-37.3%

5Y CAGR+9.5%

10Y CAGR+7.7%

Herc Holdings held $52.0M in cash against $8.0B in long-term debt as of fiscal year 2025.

Dividends Per Share

$2.80

YoY+5.3%

Herc Holdings paid $2.80 per share in dividends in fiscal year 2025. This represents an increase of 5.3% from the prior year.

Shares Outstanding

33M

YoY+17.3%

5Y CAGR+2.6%

10Y CAGR-22.4%

Herc Holdings had 33M shares outstanding in fiscal year 2025. This represents an increase of 17.3% from the prior year.

Margins & Returns

Net Margin

0.0%

YoY-5.9pp

5Y CAGR-4.1pp

10Y CAGR-1.0pp

Herc Holdings's net profit margin was 0.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.9 percentage points from the prior year.

Return on Equity

0.1%

YoY-15.1pp

5Y CAGR-9.9pp

10Y CAGR-4.8pp

Herc Holdings's ROE was 0.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 15.1 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

Share Buybacks

Herc Holdings repurchased no shares in fiscal year 2025.

Capital Expenditures

$157.0M

YoY-2.5%

5Y CAGR+30.6%

10Y CAGR+7.4%

Herc Holdings invested $157.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 2.5% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

HRI Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

HRI quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Revenue	$4.9B	$4.4B+22.6%	$3.6B+8.7%	$3.3B+19.8%	$2.7B+32.2%	$2.1B+16.4%	$1.8B-10.9%	$2.0B+1.1%	$2.0B+12.7%	$1.8B+12.8%	$1.6B-85.2%	$10.5B-4.6%	$11.0B+2.5%	$10.8B+19.5%	$9.0B+8.6%	$8.3B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$39.5M-25.5%	$53.0M-27.4%	$73.0M-5.8%	$77.5M	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1.7B+14.2%	$1.5B-85.6%	$10.5B-4.6%	$11.0B	N/A	N/A	N/A
SG&A Expenses	$620.0M	$564.0M+20.3%	$469.0M+6.6%	$440.0M+7.1%	$411.0M+32.6%	$310.0M+20.4%	$257.4M-12.7%	$294.8M-5.3%	$311.3M-2.4%	$319.1M+15.9%	$275.3M+2.9%	$267.6M+6.4%	$251.4M-76.1%	$1.1B+7.7%	$978.0M+27.4%	$767.7M
Interest Expense	N/A	N/A	N/A	-$224.0M-283.6%	$122.0M+41.4%	$86.3M-6.8%	$92.6M-46.6%	$173.5M+26.6%	$137.0M+197.9%	-$140.0M-66.3%	-$84.2M-155.9%	-$32.9M+20.5%	-$41.4M-105.8%	$716.0M+10.2%	$649.9M-7.1%	$699.7M
Income Tax	$7.0M	$0-100.0%	$80.0M-20.0%	$100.0M-3.8%	$104.0M+55.2%	$67.0M+228.4%	$20.4M+26.7%	$16.1M+5466.7%	-$300K+99.9%	-$224.7M-1618.2%	$14.8M-67.5%	$45.6M-16.8%	$54.8M-81.8%	$301.0M+66.3%	$181.0M+48.6%	$121.8M
Net Income	$49.0M	$1.0M-99.5%	$211.0M-39.2%	$347.0M+5.2%	$330.0M+47.3%	$224.0M+203.9%	$73.7M+55.2%	$47.5M-31.3%	$69.1M-56.9%	$160.3M+913.7%	-$19.7M-117.7%	$111.3M+24.1%	$89.7M-70.3%	$302.0M+64.1%	$184.0M+0.1%	$183.8M
EPS (Diluted)	$1.53	$0.03-99.6%	$7.40-38.8%	$12.09+10.7%	$10.92+48.2%	$7.37+193.6%	$2.51+54.0%	$1.63-31.8%	$2.39-57.3%	$5.60+900.0%	-$0.70-119.0%	$3.69+28.6%	$2.87	$0.67+63.4%	$0.41+10.8%	$0.37

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$1.2B+5.7%	$1.1B-5.8%	$1.2B-7.3%	$1.3B+30.1%	$1.0B+16.4%	$861.0M-9.5%	$951.0M-1.5%	$965.0M
SG&A Expenses	$155.0M+6.2%	$146.0M-4.6%	$153.0M-7.8%	$166.0M+30.7%	$127.0M+7.6%	$118.0M-1.7%	$120.0M0.0%	$120.0M
Income Tax	$5.0M+400.0%	$1.0M+114.3%	-$7.0M-187.5%	$8.0M+172.7%	-$11.0M-210.0%	$10.0M+233.3%	$3.0M-92.1%	$38.0M
Net Income	$19.0M+179.2%	-$24.0M-200.0%	$24.0M-20.0%	$30.0M+185.7%	-$35.0M-94.4%	-$18.0M+60.9%	-$46.0M-137.7%	$122.0M
EPS (Diluted)	$0.57+179.2%	-$0.72-192.3%	$0.78-13.3%	$0.90+176.9%	-$1.17-85.7%	-$0.63+61.1%	-$1.62-137.9%	$4.28

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, Interest Expense.

HRI Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

HRI quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Total Assets	$13.8B+74.9%	$7.9B+11.6%	$7.1B+18.5%	$6.0B+32.7%	$4.5B+25.1%	$3.6B-6.0%	$3.8B+5.7%	$3.6B+1.7%	$3.5B+2.4%	$3.5B+2.0%	$3.4B-85.8%	$24.0B-1.8%	$24.4B+5.6%	$23.1B+30.9%	$17.7B
Current Assets	$956.0M+23.2%	$776.0M+6.0%	$732.0M+13.7%	$644.0M+37.1%	$469.7M+27.9%	$367.1M-8.2%	$399.7M-0.2%	$400.4M-15.6%	$474.5M+27.7%	$371.7M+2.8%	$361.5M	N/A	N/A	N/A	N/A
Cash & Equivalents	$52.0M-37.3%	$83.0M+16.9%	$71.0M+31.5%	$54.0M+53.8%	$35.1M+6.4%	$33.0M0.0%	$33.0M+18.7%	$27.8M-33.0%	$41.5M+72.9%	$24.0M-2.8%	$24.7M-11.8%	$28.0M+81.8%	$15.4M-97.2%	$541.0M-41.1%	$919.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$17.9M-24.5%	$23.7M-1.7%	$24.1M+8.1%	$22.3M-66.7%	$67.0M-23.0%	$87.0M-14.7%	$102.0M+21.5%	$84.0M
Accounts Receivable	$769.0M+30.6%	$589.0M+4.6%	$563.0M+7.6%	$523.0M+34.8%	$388.1M+28.9%	$301.2M-1.8%	$306.7M-7.7%	$332.4M-14.0%	$386.3M+31.7%	$293.3M+1.9%	$287.8M-82.0%	$1.6B+14.3%	$1.4B-21.8%	$1.8B+10.6%	$1.6B
Goodwill	$2.9B+328.8%	$670.0M+38.7%	$483.0M+15.3%	$419.0M+80.6%	$232.0M+130.8%	$100.5M+7.4%	$93.6M+2.9%	$91.0M0.0%	$91.0M0.0%	$91.0M0.0%	$91.0M-4.3%	$95.1M-93.0%	$1.4B+1.4%	$1.3B+240.0%	$392.1M
Total Liabilities	$11.8B+82.5%	$6.5B+12.0%	$5.8B+19.4%	$4.8B+38.0%	$3.5B+23.4%	$2.8B-10.3%	$3.2B+4.5%	$3.0B-0.1%	$3.0B-3.5%	$3.1B+187.5%	$1.1B-94.9%	$21.5B-1.5%	$21.9B+5.1%	$20.8B+34.7%	$15.4B
Current Liabilities	$730.0M+29.9%	$562.0M+10.6%	$508.0M-15.9%	$604.0M+14.0%	$529.9M+61.6%	$328.0M+1.5%	$323.1M+8.0%	$299.2M+2.9%	$290.7M+19.7%	$242.9M-14.0%	$282.3M	N/A	N/A	N/A	N/A
Long-Term Debt	$8.0B+97.1%	$4.1B+10.8%	$3.7B+25.7%	$2.9B+52.5%	$1.9B+16.0%	$1.7B-19.5%	$2.1B-3.7%	$2.1B-0.3%	$2.1B-1.9%	$2.2B+3987.4%	$53.3M	N/A	N/A	N/A	N/A
Total Equity	$1.9B+39.5%	$1.4B+9.7%	$1.3B+14.9%	$1.1B+13.4%	$977.0M+31.7%	$742.0M+15.2%	$644.3M+12.5%	$572.7M+12.2%	$510.4M+60.7%	$317.7M-86.2%	$2.3B+35.9%	$1.7B-9.8%	$1.9B-24.5%	$2.5B+11.3%	$2.2B
Retained Earnings	$547.0M-13.6%	$633.0M+27.1%	$498.0M+122.3%	$224.0M+519.5%	-$53.4M+80.8%	-$277.5M+21.0%	-$351.2M+10.2%	-$391.1M+15.4%	-$462.4M+26.0%	-$625.2M-3.3%	-$605.5M+8.8%	-$664.0M-14.1%	-$582.0M+34.2%	-$884.0M+6.7%	-$947.1M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$13.7B+1.1%	$13.6B-1.5%	$13.8B-1.1%	$13.9B-0.6%	$14.0B+81.9%	$7.7B-2.2%	$7.9B-3.6%	$8.2B
Current Assets	$960.0M+4.5%	$919.0M-3.9%	$956.0M-1.8%	$974.0M+3.3%	$943.0M+33.0%	$709.0M-8.6%	$776.0M-8.8%	$851.0M
Cash & Equivalents	$43.0M0.0%	$43.0M-17.3%	$52.0M-14.8%	$61.0M+15.1%	$53.0M+10.4%	$48.0M-42.2%	$83.0M-41.5%	$142.0M
Accounts Receivable	$805.0M+5.9%	$760.0M-1.2%	$769.0M-5.1%	$810.0M+4.1%	$778.0M+40.4%	$554.0M-5.9%	$589.0M-5.5%	$623.0M
Goodwill	$2.9B-0.1%	$2.9B-0.4%	$2.9B-2.0%	$2.9B+1.0%	$2.9B+325.4%	$682.0M+1.8%	$670.0M+1.7%	$659.0M
Total Liabilities	$11.8B+1.4%	$11.7B-1.4%	$11.8B-1.4%	$12.0B-0.9%	$12.1B+90.8%	$6.3B-2.1%	$6.5B-3.2%	$6.7B
Current Liabilities	$871.0M+38.7%	$628.0M-14.0%	$730.0M-8.9%	$801.0M-2.1%	$818.0M+72.6%	$474.0M-15.7%	$562.0M-19.4%	$697.0M
Long-Term Debt	$7.9B-0.9%	$8.0B-0.8%	$8.0B-1.8%	$8.2B-1.1%	$8.3B+104.9%	$4.0B-1.1%	$4.1B-2.3%	$4.2B
Total Equity	$1.9B-0.4%	$1.9B-2.6%	$1.9B+1.0%	$1.9B+0.9%	$1.9B+40.7%	$1.4B-2.7%	$1.4B-5.5%	$1.5B
Retained Earnings	$496.0M-0.8%	$500.0M-8.6%	$547.0M0.0%	$547.0M+1.3%	$540.0M-9.2%	$595.0M-6.0%	$633.0M-9.3%	$698.0M

Not reported in any period shown, so not listed: Inventory.

HRI Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

HRI quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Operating Cash Flow	$1.3B	$1.1B-11.4%	$1.2B+12.8%	$1.1B+18.4%	$917.0M+23.4%	$743.0M+21.6%	$610.9M-3.9%	$635.6M+13.7%	$559.1M+60.2%	$349.1M-19.5%	$433.4M-12.7%	$496.3M+5.8%	$469.2M-86.9%	$3.6B+32.4%	$2.7B+22.7%	$2.2B
Capital Expenditures	$159.0M	$157.0M-2.5%	$161.0M+3.2%	$156.0M+50.0%	$104.0M+121.3%	$47.0M+13.5%	$41.4M-27.2%	$56.9M-26.7%	$77.6M+4.0%	$74.6M+56.1%	$47.8M-37.8%	$76.9M+76.0%	$43.7M	N/A	N/A	N/A
Free Cash Flow	$1.1B	$928.0M-12.8%	$1.1B+14.4%	$930.0M+14.4%	$813.0M+16.8%	$696.0M+22.2%	$569.5M-1.6%	$578.7M+20.2%	$481.5M+75.4%	$274.5M-28.8%	$385.6M-8.1%	$419.4M-1.4%	$425.5M	N/A	N/A	N/A
Investing Cash Flow	-$773.0M	-$4.9B-227.2%	-$1.5B+4.4%	-$1.6B+6.0%	-$1.7B-75.2%	-$960.0M-362.7%	-$207.5M+55.2%	-$463.6M+18.2%	-$567.0M-38.3%	-$410.0M-3.8%	-$395.0M-1.3%	-$389.9M+9.2%	-$429.3M	N/A	N/A	N/A
Financing Cash Flow	-$502.0M	$3.8B+1179.9%	$299.0M-41.6%	$512.0M-34.8%	$785.0M+256.8%	$220.0M+154.2%	-$406.0M-143.0%	-$167.1M-3878.6%	-$4.2M-106.0%	$70.1M+281.1%	-$38.7M+63.3%	-$105.4M-210.0%	-$34.0M	N/A	N/A	N/A
Dividends Paid	$93.0M	$87.0M+13.0%	$77.0M+5.5%	$73.0M+7.4%	$68.0M+353.3%	$15.0M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	$0	$0-100.0%	$120.0M+4.3%	$115.0M	$0	$0	N/A	N/A	$0	$0-100.0%	$604.5M	$0-100.0%	$555.0M	$0	$0

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$314.0M+13.4%	$277.0M-12.1%	$315.0M-12.0%	$358.0M+48.5%	$241.0M+40.9%	$171.0M-48.3%	$331.0M-1.5%	$336.0M
Capital Expenditures	$41.0M0.0%	$41.0M+20.6%	$34.0M-20.9%	$43.0M-8.5%	$47.0M+42.4%	$33.0M-2.9%	$34.0M-39.3%	$56.0M
Free Cash Flow	$273.0M+15.7%	$236.0M-16.0%	$281.0M-10.8%	$315.0M+62.4%	$194.0M+40.6%	$138.0M-53.5%	$297.0M+6.1%	$280.0M
Investing Cash Flow	-$206.0M-12.6%	-$183.0M-22.0%	-$150.0M+35.9%	-$234.0M+94.7%	-$4.4B-3228.6%	-$133.0M+50.4%	-$268.0M+50.6%	-$543.0M
Financing Cash Flow	-$108.0M-4.9%	-$103.0M+41.1%	-$175.0M-50.9%	-$116.0M-102.8%	$4.2B+5841.1%	-$73.0M+39.7%	-$121.0M-143.4%	$279.0M
Dividends Paid	$23.0M-4.2%	$24.0M+4.3%	$23.0M0.0%	$23.0M+15.0%	$20.0M-4.8%	$21.0M+10.5%	$19.0M0.0%	$19.0M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0

HRI Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

HRI quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15	FY14	FY13	FY12	FY11
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	97.8%+1.2pp	96.6%-2.7pp	99.3%0.0pp	99.3%	N/A	N/A	N/A
Net Margin	0.0%-5.9pp	5.9%-4.7pp	10.6%-1.5pp	12.0%+1.2pp	10.8%+6.7pp	4.1%+1.8pp	2.4%-1.1pp	3.5%-5.6pp	9.1%+10.4pp	-1.3%-2.3pp	1.1%+0.3pp	0.8%-2.0pp	2.8%+0.8pp	2.0%-0.2pp	2.2%
Return on Equity	0.1%-15.1pp	15.1%-12.2pp	27.3%-2.5pp	29.8%+6.9pp	22.9%+13.0pp	9.9%+2.6pp	7.4%-4.7pp	12.1%-19.3pp	31.4%+37.6pp	-6.2%-11.0pp	4.8%-0.5pp	5.3%-10.8pp	16.1%+8.7pp	7.4%-0.8pp	8.2%
Return on Assets	0.0%-2.7pp	2.7%-2.2pp	4.9%-0.6pp	5.5%+0.5pp	5.0%+2.9pp	2.1%+0.8pp	1.2%-0.7pp	1.9%-2.6pp	4.5%+5.1pp	-0.6%-3.9pp	3.3%+2.9pp	0.4%-0.9pp	1.2%+0.4pp	0.8%-0.2pp	1.0%
Current Ratio	1.31-0.1x	1.38-0.1x	1.44+0.4x	1.07+0.2x	0.89-0.2x	1.12-0.1x	1.24-0.1x	1.34-0.3x	1.63+0.1x	1.53+0.2x	1.28	N/A	N/A	N/A	N/A
Debt-to-Equity	4.12+1.2x	2.910.0x	2.89+0.2x	2.64+0.7x	1.96-0.3x	2.23-1.0x	3.18-0.5x	3.72-0.5x	4.19-2.7x	6.86+6.8x	0.02-12.7x	12.71+1.1x	11.64+3.3x	8.37+1.5x	6.91
FCF Margin	21.2%-8.6pp	29.8%+1.5pp	28.3%-1.3pp	29.7%-3.9pp	33.6%+1.6pp	32.0%+3.0pp	28.9%+4.6pp	24.4%+8.7pp	15.7%-9.2pp	24.8%+20.8pp	4.0%+0.1pp	3.9%	N/A	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Net Margin	1.6%+3.7pp	-2.1%-4.1pp	2.0%-0.3pp	2.3%+5.8pp	-3.5%-1.4pp	-2.1%+2.8pp	-4.8%-17.5pp	12.6%
Return on Equity	1.0%+2.3pp	-1.3%-2.5pp	1.2%-0.3pp	1.6%+3.4pp	-1.8%-0.5pp	-1.3%+2.0pp	-3.3%-11.6pp	8.3%
Return on Assets	0.1%+0.3pp	-0.2%-0.3pp	0.2%-0.1pp	0.2%+0.5pp	-0.3%0.0pp	-0.2%+0.3pp	-0.6%-2.1pp	1.5%
Current Ratio	1.10-0.4x	1.46+0.2x	1.31+0.1x	1.22+0.1x	1.15-0.3x	1.50+0.1x	1.38+0.2x	1.22
Debt-to-Equity	4.170.0x	4.19+0.1x	4.12-0.1x	4.23-0.1x	4.32+1.4x	2.960.0x	2.91+0.1x	2.82
FCF Margin	22.7%+2.0pp	20.7%-2.5pp	23.2%-0.9pp	24.2%+4.8pp	19.4%+3.3pp	16.0%-15.2pp	31.2%+2.2pp	29.0%

Not reported in any period shown, so not listed: Gross Margin, Operating Margin.

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Where Herc Holdings Ranks

Frequently Asked Questions

What is Herc Holdings's annual revenue?

Herc Holdings (HRI) reported $4.4B in total revenue for fiscal year 2025. This represents a 22.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Herc Holdings's revenue growing?

Herc Holdings (HRI) revenue grew by 22.6% year-over-year, from $3.6B to $4.4B in fiscal year 2025.

Is Herc Holdings profitable?

Yes, Herc Holdings (HRI) reported a net income of $1.0M in fiscal year 2025, with a net profit margin of 0.0%.

How much debt does Herc Holdings have?

As of fiscal year 2025, Herc Holdings (HRI) had $52.0M in cash and equivalents against $8.0B in long-term debt.

What is Herc Holdings's net profit margin?

Herc Holdings (HRI) had a net profit margin of 0.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Herc Holdings pay dividends?

Yes, Herc Holdings (HRI) paid $2.80 per share in dividends during fiscal year 2025.

What is Herc Holdings's return on equity (ROE)?

Herc Holdings (HRI) has a return on equity of 0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Herc Holdings's free cash flow?

Herc Holdings (HRI) generated $928.0M in free cash flow during fiscal year 2025. This represents a -12.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Herc Holdings's operating cash flow?

Herc Holdings (HRI) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Herc Holdings's total assets?

Herc Holdings (HRI) had $13.8B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Herc Holdings's capital expenditures?

Herc Holdings (HRI) invested $157.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Herc Holdings have outstanding?

Herc Holdings (HRI) had 33M shares outstanding as of fiscal year 2025.

What is Herc Holdings's current ratio?

Herc Holdings (HRI) had a current ratio of 1.31 as of fiscal year 2025, which is considered adequate.

What is Herc Holdings's debt-to-equity ratio?

Herc Holdings (HRI) had a debt-to-equity ratio of 4.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Herc Holdings's return on assets (ROA)?

Herc Holdings (HRI) had a return on assets of 0.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Herc Holdings's Piotroski F-Score?

Herc Holdings (HRI) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Herc Holdings's earnings high quality?

Herc Holdings (HRI) reported $1.0M of net income while generating $1.1B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Herc Holdings?

Herc Holdings (HRI) scores 36 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.