Welcome to our dedicated page for Herc Holdings SEC filings (Ticker: HRI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. reported strong top-line growth but remained unprofitable in the quarter ended March 31, 2026. Total revenue rose to $1.139 billion from $861 million, a 32% increase driven mainly by equipment rental revenue of $981 million, up 33%, reflecting a larger fleet after the H&E acquisition.
Despite this growth, the company posted a net loss of $24 million versus a $18 million loss a year earlier, with loss per share widening to $0.72. Profitability was pressured by higher direct operating costs of $453 million, rental equipment depreciation of $242 million, and non-rental depreciation and amortization of $73 million, much of it tied to acquired assets.
Interest expense more than doubled to $128 million as Herc carried roughly $8.0 billion of nominal debt used to fund the H&E deal. Even so, operating cash flow improved to $277 million, supporting net rental capital expenditures of $155 million. The company ended the quarter with $43 million of cash and about $1.9 billion of availability under its asset-based credit facility, and declared a quarterly dividend of $0.70 per share.
Herc Holdings Inc. reported first quarter 2026 results and affirmed its full-year 2026 outlook, showing strong top-line growth following the H&E acquisition. Total revenues rose to $1,139 million, up 32% year over year, with equipment rental revenue up 33% to $981 million as a larger fleet and mega projects drove demand.
The company posted a net loss of $24 million, or $0.72 per diluted share, while adjusted net income was $7 million, or $0.21 per diluted share, reflecting higher depreciation, amortization and interest from the acquisition. Adjusted EBITDA increased 33% to $448 million, keeping margin steady at 39.3%, and free cash flow nearly doubled to $94 million.
Net debt reached $8.0 billion with net leverage of 3.96x as of March 31, 2026, and liquidity was about $1.9 billion. For 2026, Herc reaffirmed guidance for equipment rental revenue of $4.275–$4.4 billion, adjusted EBITDA of $2.0–$2.1 billion, and net rental equipment capital expenditures of $500–$800 million, emphasizing integration synergies, specialty growth and disciplined capital deployment.
Herc Holdings Inc. Schedule 13G discloses that Coliseum Capital-affiliated reporting persons beneficially own shared voting and dispositive power over multiple blocks of Common Stock totaling up to 1,702,062 shares for Coliseum Capital Management, LLC and for each of Gray and Shackelton.
Ownership percentages are calculated using 33,370,258 shares outstanding as of March 16, 2026; reported stakes include CCM 1,702,062 (5.1%), Coliseum Capital, LLC 1,412,679 (4.2%), Coliseum Capital Partners, L.P. 1,283,223 (3.8%), and Coliseum Capital Co-Invest IV, L.P. 129,456 (0.4%). The filing states shared voting/dispositive arrangements and identifies the record owners of each holder.
Invesco Ltd. reports beneficial ownership of 2,066,070 shares of Herc Holdings Inc., representing 6.2% of the outstanding common stock. The filing states Invesco Ltd. has sole voting power over 2,063,196 shares and sole dispositive power over 2,066,070 shares.
The disclosure names Invesco Advisers, Inc., Invesco Asset Management Limited and Invesco Capital Management LLC as relevant subsidiaries and is signed by Robert R. Leveille on 04/07/2026.
The Vanguard Group filed Amendment No. 12 to a Schedule 13G/A reporting 0 shares of Common Stock of Herc Holdings Inc. The filing states Beneficial Ownership is 0 shares and 0% of the class. The filing includes a note that, following an internal realignment on January 12, 2026, certain Vanguard subsidiaries will report ownership separately in reliance on SEC Release No. 34-39538.
Herc Holdings is asking stockholders to vote at its May 14, 2026 annual meeting on three main items: electing eight directors for one-year terms, approving executive pay in a non-binding say‑on‑pay vote, and ratifying PricewaterhouseCoopers LLP as auditor for 2026. Holders of common stock as of March 16, 2026 may vote online, by phone, mail, or in person in Bonita Springs, Florida.
The proxy highlights Herc’s growth as a large North American equipment rental company, including the 2025 acquisition of H&E Equipment Services, Inc., which added over 160 branches and $2.9 billion of fleet. For 2025, equipment rental revenue rose 18% to $3.8 billion and adjusted EBITDA increased 15% to $1.8 billion, reflecting organic growth and the H&E deal.
The Board emphasizes majority voting for uncontested director elections, independent Board leadership with a non‑executive chair, and fully independent key committees. Executive pay is heavily performance‑based, with most compensation for senior leaders tied to equity and incentive plans. In 2025, stockholders supported say‑on‑pay with about 94% of votes cast in favor. The proxy also outlines sustainability targets based on 2019 levels, including reducing Scope 1 and 2 greenhouse gas emission intensity and non‑toxic waste intensity by 25% and pursuing a Total Reportable Incident Rate of 0.49 or lower.
HERC HOLDINGS INC vice president and chief accounting officer Mark Alan Schumacher reported a small stock transaction tied to equity compensation. On the vesting of previously granted restricted stock units, 30 shares of common stock were withheld on March 13, 2026 to cover tax obligations at a price of $108.91 per share. After this tax-withholding disposition, Schumacher directly owned 6,439 shares of HERC common stock. This withholding is an administrative step rather than an open-market sale.
Herc Holdings SVP & Chief Financial Officer Mark Humphrey reported a small, routine share disposition linked to taxes rather than an open‑market trade. On the vesting of previously granted restricted stock units, 114 shares of common stock were withheld on March 13, 2026 at $108.91 per share to cover tax obligations. After this tax-withholding event, he directly held 33,908 shares of Herc Holdings common stock. This type of Form 4 entry reflects compensation and tax mechanics, not a discretionary buy or sell decision.
Herc Holdings director John A. Olin bought shares of the company’s stock. He purchased 3,000 shares of common stock in an open-market transaction at a price of $142.47 per share. After this purchase, he directly owns 3,320 shares of Herc Holdings common stock.