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. reports recurring developments tied to its North American equipment rental business, which operates through Herc Rentals Inc. The company is a full-line rental supplier with a classic fleet that includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting equipment.
Company updates commonly cover equipment rental revenue, fleet size, utilization, guidance, integration of acquired rental operations, and participation in large construction and industrial projects. News also includes specialty offerings such as Herc Rentals ProSolutions®, ProContractor professional grade tools, and the ProControl by Herc Rentals™ digital platform, along with investor conference appearances and workplace-related announcements.
Herc Holdings (NYSE: HRI) priced a private offering of $600 million 5.750% senior unsecured notes due 2031 and $600 million 6.000% senior unsecured notes due 2034.
Closing is expected on or about December 16, 2025, subject to customary conditions. Interest is payable semi-annually. The notes will be senior unsecured obligations guaranteed on a senior unsecured basis by the company’s current and future domestic subsidiaries, including Herc Rentals Inc..
Net proceeds, together with borrowings under the existing ABL facility, are expected to be used to redeem $1,200 million of 5.50% senior notes due 2027 and to pay related fees and expenses. The offering was made to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S.
Herc Holdings (NYSE: HRI) announced a proposed private offering of $1,200 million aggregate principal amount of senior unsecured notes due 2031 and 2034, subject to market and other conditions, with final terms set at pricing.
Interest will be payable semi-annually. The notes will be guaranteed on a senior unsecured basis by current and future domestic subsidiaries. Net proceeds are expected to redeem all $1,200 million aggregate principal amount of the company's 5.50% Senior Notes due 2027 and to pay related fees and expenses. The offering will be to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S; the notes will not be registered under the Securities Act.
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.