Welcome to our dedicated page for Herc Holdings news (Ticker: HRI), a resource for investors and traders seeking the latest updates and insights on Herc Holdings stock.
Herc Holdings Inc (HRI) provides essential equipment rental solutions across construction, industrial, and environmental sectors. This page serves as the definitive source for investors and professionals tracking the company’s latest developments, offering timely access to strategic announcements and operational updates.
Find curated press releases covering earnings reports, fleet expansions, leadership changes, and sustainability initiatives. Our collection includes verified updates on acquisitions, partnership agreements, and market positioning within the competitive equipment rental industry.
Key categories include quarterly financial results, equipment innovation announcements, safety protocol enhancements, and regulatory compliance updates. All content is maintained to meet journalistic standards, ensuring relevance for both short-term analysis and long-term trend tracking.
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Herc Holdings (NYSE: HRI) announced that Aaron Birnbaum will be promoted to president, effective Jan. 1, 2026. Birnbaum, currently senior vice president and chief operating officer since Jan. 2020, will broaden his responsibilities while continuing to lead operational strategy and the Company’s integration plan. CEO Larry Silber will remain CEO and on the Board; Silber previously also served as president. The change is aligned with the Company’s succession plan. Birnbaum brings more than 35 years of experience at Herc Rentals, has overseen sales, fleet, safety, procurement, marketing, customer care, regional and specialty teams, and has held roles in strategic planning and M&A activities.
Herc Holdings (NYSE: HRI) announced the election of two independent directors, John Olin and Patrick Shannon, effective Jan. 1, 2026. Both appointees will serve on the company audit committee and bring senior financial and public‑company experience.
The appointments are part of the Board succession plan ahead of audit chair James Browning’s retirement in May 2026 at the annual meeting. The Board will temporarily expand from 8 to 10 members and return to 9 members after Browning’s retirement.
Herc Holdings (NYSE: HRI) said its CEO Larry Silber, COO Aaron Birnbaum, and CFO Mark Humphrey will participate in the Baird 2025 Global Industrial Conference in Chicago on Tuesday, Nov. 11, 2025.
A fireside chat and simultaneous audio webcast are scheduled for 1:10 PM CT (2:10 PM ET). A live audio webcast will be available at the company webcast link and via the investor relations events page.
Herc Holdings (NYSE: HRI) reported Q3 2025 results with total revenues $1,304M (up 35%) and equipment rental revenue $1,122M (up 30%). Adjusted EBITDA was $551M (up 24%) with a 42.3% margin. GAAP net income was $30M and adjusted net income was $74M or $2.22 per diluted share (down 40%).
The company completed IT integration of the H&E acquisition, sold Cinelease for initial cash consideration of $100M on July 31, 2025, and reported net rental fleet of about $9.6B at OEC. Net debt was $8.2B with net leverage of 3.8x. Herc reaffirmed 2025 guidance excluding Cinelease: equipment rental revenue $3.7B–$3.9B, adjusted EBITDA $1.8B–$1.9B, and net rental capex $400M–$600M.
Herc Holdings (NYSE: HRI) will release its third quarter 2025 financial results on October 28, 2025 before the market opens.
The Company will host an investor conference call on the same day at 8:30 a.m. ET to review results; management may discuss additional material business or financial information not in the press release. A live webcast will be available at https://IR.HercRentals.com and https://events.q4inc.com/attendee/558054917. U.S. dial-in: +1-800-715-9871; access code: 9128891. International dial-in information is provided via the registration link. A replay will be archived on the company website for 12 months.
Herc Holdings (NYSE: HRI), a leading equipment rental company, announced its participation in the upcoming Morgan Stanley 13th Annual Laguna Conference. The company's top executives, including CEO Larry Silber, COO Aaron Birnbaum, and CFO Mark Humphrey, will engage in a fireside chat discussion.
The presentation is scheduled for September 11, 2025, at 1:50 PM PDT (4:50 PM EDT) in Laguna Niguel, CA. Investors can access the live webcast through the provided link or the company's investor relations website.
Herc Rentals (NYSE: HRI), a leading North American equipment rental supplier, has published its 2025 Corporate Citizenship Report showcasing significant ESG achievements. The company reported a 26.5% reduction in GHG emissions from 2019 baseline, exceeding its 2030 goal, and achieved a 23.3% reduction in non-toxic landfill waste.
Key highlights include recognition as one of Newsweek's Most Responsible Companies, Great Place to Work® certification, and an EcoVadis Bronze Medal. The company maintained strong employee metrics with an 11.4% voluntary turnover rate and achieved a Total Recorded Incident Rate of 0.87, beating industry benchmarks.
Additionally, Herc Rentals completed the acquisition of H&E Rentals in June 2025, adding over 160 branches and 2,500 team members to its network.
Herc Holdings (NYSE: HRI), a leading North American equipment rental supplier, has announced a quarterly dividend of $0.70 per share. The dividend will be paid on September 5, 2025, to shareholders who are on record as of August 22, 2025.
Herc Rentals (NYSE: HRI) has sold its subsidiary Cinelease, a leading lighting and grip rental company for the entertainment industry, to Zello, a private investment platform. Cinelease, with over 45 years of industry experience, will continue operating as a standalone company under its current leadership team of Mark Lamberton, Chris Rogers, and Gannon Murphy.
The company serves major production hubs across the U.S. and Canada, supporting thousands of film, television, and commercial productions through its integrated studio and equipment offerings. Under Zello's ownership, Cinelease aims to expand its market presence while maintaining its focus on service quality and industry relationships.
Herc Holdings (NYSE: HRI) reported its Q2 2025 results, marked by the completion of its landmark H&E Equipment Services acquisition on June 2, 2025. The company secured $4.4 billion in new debt at a 6.8% weighted average interest rate to finance the deal. Q2 financial highlights include equipment rental revenue growth of 14% to $870 million and total revenues up 18% to $1,002 million. However, the company reported a net loss of $35 million ($1.17 per share), primarily due to H&E acquisition costs and Cinelease assets held for sale losses.
The company's adjusted EBITDA increased 13% to $406 million with a 41% margin. For 2025, Herc updated its guidance (excluding Cinelease), projecting equipment rental revenue of $3.7-3.9 billion and adjusted EBITDA of $1.8-1.9 billion.
[ "Completed largest industry acquisition (H&E Equipment Services) expanding geographic footprint and fleet size", "Equipment rental revenue increased 14% to $870 million", "Total revenues grew 18% to $1,002 million", "Adjusted EBITDA rose 13% to $406 million", "Strong liquidity position with $1.6 billion available", "Opened 11 new greenfield locations in H1 2025" ]