Herc Holdings Inc. filings document the operating results, governance, capital structure and material events of a North American equipment rental company listed on the New York Stock Exchange under HRI. Periodic 8-K reports furnish quarterly and annual results, earnings presentation materials, guidance-related disclosures, and pro forma financial information connected to acquired rental operations.
Regulatory filings also cover proxy governance matters, board and executive compensation disclosures, registered common stock, and debt financing activity. Recent capital-structure filings describe senior unsecured notes due 2031 and 2034, subsidiary guarantees including Herc Rentals Inc., and the redemption of prior senior notes, alongside risk and covenant-related disclosure typical of public debt issuance.
Herc Holdings Inc. (HRI) reported third-quarter 2026 revenue of $1.364 billion, compared with $1.304 billion a year earlier, and net income of $104 million versus $30 million. Equipment rental revenue was $1.254 billion, up from $1.122 billion. Diluted earnings per share were $3.10, compared with $0.90.
For the first nine months, revenue was $3.707 billion versus $3.167 billion, and net income was $99 million versus a $23 million loss. Operating cash flow was $951 million, compared with $770 million. Interest expense increased 35% to $380 million, primarily reflecting debt issued to fund the H&E acquisition, partly offset by lower interest rates on floating-rate debt. Herc said H&E integration was complete. At September 30, 2026, total nominal indebtedness was approximately $8.1 billion, cash and cash equivalents were $66 million, and unused commitments under the ABL Credit Facility were approximately $2.0 billion. A quarterly dividend of $0.70 per share was declared on August 19, payable September 16 to holders of record September 2.
Herc Holdings Inc. (HRI) reported third-quarter 2026 total revenue of $1,364 million, up 4.6% year over year, including equipment rental revenue of $1,254 million, up 11.8%. Net income was $104 million, or $3.10 per diluted share, compared with $30 million a year earlier. Adjusted EBITDA was $603 million, up 9.4%, and its margin was 44.2%, versus 42.3%.
Dollar utilization rose to 43.5% from 39.9%, while direct operating expenses were 42.4% of equipment rental revenue versus 41.6%. For the nine months ended September 30, 2026, revenue was $3,707 million, adjusted EBITDA was $1,538 million and operating cash flow was $951 million, compared with $3,167 million, $1,299 million and $770 million, respectively, a year earlier. Herc raised 2026 guidance to $4.475 billion to $4.550 billion for equipment rental revenue, $2.10 billion to $2.15 billion for adjusted EBITDA, $1.0 billion to $1.1 billion for net rental equipment expenditures, and $1.45 billion to $1.60 billion for gross capex. As of September 30, 2026, net debt was $8.0 billion, net leverage was 3.90x and liquidity was approximately $2.1 billion.
On October 23, 2026, Herc Holdings Inc. appointed Aaron Birnbaum, its President, to succeed Lawrence H. Silber as CEO effective January 1, 2027. Birnbaum will remain President and join the Board; Silber, CEO since 2015, will become Executive Chairman. Effective the same date, Michael A. Kelly will become Lead Director, and Patrick Campbell will move from Board chairman to independent director while continuing as Audit Committee chair.
Herc Holdings expects to enter employment letters with both executives. Birnbaum’s expected terms include a $975,000 annual base salary, eligibility for a target annual cash bonus equal to 125% of base salary, and a 2027 equity award with an approximately $4,250,000 grant date fair value, split equally between performance stock units and restricted stock units. Silber’s expected terms include a $600,000 annual base salary, eligibility for a target annual cash bonus equal to 120% of base salary, and a 2027 equity award with a $3,000,000 grant date fair value, also split equally between those two award types.
Herc Holdings Inc. (HRI) is the issuer whose common stock is covered by BlackRock, Inc.’s amended beneficial-ownership report. BlackRock reported beneficial ownership of 4,675,626 shares, or 14.0% of the class. It reported sole voting power over 4,621,544 shares and sole dispositive power over 4,675,626 shares, with shared voting and dispositive power of zero. The report identifies iShares Core S&P Small-Cap ETF as having an interest in more than 5% of HERC Holdings’ outstanding common stock.
HERC HOLDINGS INC (HRI) disclosed that its subsidiary Herc Rentals Inc., together with its wholly owned special purpose vehicle Herc Receivables U.S. LLC, entered into a Ninth Amendment to an existing Receivables Financing Agreement with Credit Agricole Corporate and Investment Bank and a lender group on August 31, 2026.
The Ninth Amendment increases the commitments and uncommitted allocations to provide greater borrowing availability and extends the maturity date of the receivables financing facility until August 31, 2027. The full text of Amendment No. 9 is filed as Exhibit 10.1.
HERC HOLDINGS INC (HRI) director Erik Olsson reported a purchase of common stock. On 2026-08-21, he bought 3,085 shares of HRI common stock in a purchase classified as an open market or private transaction at $163.00 per share, resulting in 3,724 shares of directly held common stock after the transaction.
HERC HOLDINGS INC (HRI) reported that executive Tamir Peres, SVP & Chief Information Officer, received a grant of 2,261 shares of common stock on August 18, 2026, upon completion and certification of a three-year performance period for performance stock units. On the same date, 822 shares were withheld and disposed of to cover tax liabilities upon vesting, at a price of $166.82 per share.
HERC HOLDINGS INC (symbol: HRI) is the issuer of record for a Form 4 filing submitted to the SEC.
HERC HOLDINGS INC (HRI) reports that Erik Olsson has filed an initial statement of beneficial ownership on Form 3 as a director of the company. The filing does not list any equity holdings or report any transactions, and it references a Power of Attorney as an exhibit.
HERC HOLDINGS INC (HRI) reported a board change, electing Erik Olsson as a director on August 18, 2026, effective immediately. Olsson previously served as Chairman, President and Chief Executive Officer of Mobile Mini, and earlier as President and Chief Executive Officer of RSC Holdings.
The board determined that Olsson qualifies as an independent director under New York Stock Exchange listing standards and the company’s Corporate Governance Guidelines. He will serve on the Audit Committee. Olsson will participate in the company’s non-employee director compensation program, with his annual cash retainer and equity award prorated for his initial term, and will enter into an indemnification agreement on substantially the same terms as existing directors.