HRINYSEServices-Miscellaneous Equipment Rental & LeasingFiscal year ends December 31
HERC HOLDINGS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026
$124.46+2.89 (+2.38%)
Close on Oct 19, 2026
- Market cap
- $4.17B
- P/E (TTM)
- 4148.7
- Dividend yield
- 2.25%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Net margin
0.0%−4.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +22.6% | +16.9% | +19.7% | +10.1% | |
| Net income | -99.5% | -85.5% | -57.7% | -37.6% | |
| EPS, diluted | -99.6% | -86.0% | -58.7% | -38.2% | |
| Free cash flow | -12.8% | +4.5% | +10.3% | +8.3% | |
| Dividend per share | +5.3% | +6.8% | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -1.5% | 10.6% | 0.1% | |
| Return on assets | -0.6% | 2.0% | 0.0% | |
| Current ratio | 1.53 | 1.12 | 1.31 | |
| Debt to equity | 6.91 | 2.24 | 4.13 | |
| Inventory turnover | 2.3× | – | – | |
| Capex to revenue | 3.1% | 2.3% | 3.6% | |
| Diluted shares | 28M | 29M | 31M |
Where the cash went
Fiscal 2021 to 2025, five years combined
HERC generated $5.06B from operations and spent $1.18B on capital expenditure, dividends and share buybacks. 53% of that went back into the business.
Generated
$5.06B
Used
$1.18B
Capital expenditure$625.00M53%Dividends$320.00M27%Share buybacks$235.00M20%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.0%
×Asset turnover0.40×
×Equity multiplier6.48×
=Return on equity, FY20250.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.0% | 0.40× | 6.48× | 0.1% |
| FY2024 | 5.9% | 0.48× | 5.60× | 15.8% |
| FY2023 | 10.6% | 0.50× | 5.47× | 29.1% |
| FY2022 | 12.0% | 0.52× | 5.01× | 31.7% |
| FY2021 | 10.8% | 0.51× | 4.70× | 26.1% |
| FY2020 | 4.1% | 0.48× | 5.34× | 10.6% |
| FY2019 | 2.4% | 0.54× | 6.10× | 7.8% |
| FY2018 | 3.5% | 0.55× | 6.61× | 12.8% |
| FY2017 | 9.1% | 0.50× | 8.47× | 38.7% |
| FY2016 | -1.3% | 0.45× | 2.62× | -1.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$1.00M
- Cash generatingOperating cash flow above zero$1.09B
- Return on assets improvedROA up on the prior year3.0% → 0.0%
- Earnings backed by cashOperating cash flow above net income$1.09B vs $1.00M
- Less leverageLong-term debt to assets fell51.7% → 58.2%
- Better liquidityCurrent ratio rose1.38 → 1.31
- No dilutionShare count did not rise29M → 31M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.51 → 0.56