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Equipment rental company renting construction, industrial and specialty equipment to contractors and businesses.
Equipment rental company renting construction, industrial and specialty equipment to contractors and businesses.
Rents out equipment by the day, week or month and sells older units from its fleet, so earnings depend on how much of the fleet is on rent and the rate charged, offset by the cost of owning, maintaining and replacing machines. It was spun out of Hertz in 2016 as a standalone company.
Moat: narrow (scale, distribution). Branch density and fleet scale give utilization and delivery advantages over smaller regional renters.
Headquarters: Bonita Springs, Florida, US · Founded: 1965 · Employees: 9,600
Size Herc (HRI) is a United States Financials company (Finance/Rental/Leasing) with a market value of $5.08B, the 1175th largest of 3,117 United States companies the cockpit tracks. Shares closed at $151.94 on 6 Nov 2026.
Performance Over six months the shares gained 13.7%, against -5.5% for the median peer and -1.1% for the United States market (cap-weighted) — 2nd highest of 21 in its peer set.
Growth Revenue grew 19.4% over the last twelve months (peer median +7.0%); the operating margin is 13.8% (peer median 34.7%).
Valuation It trades at 2.56× book value against a peer median of 1.90× (8th most expensive of 20).
Price implies The share price implies a return on equity of about 33.3%; Herc delivers 6.3%, so the price asks more than the business earns today.
Short interest Short interest is 8.8% of the free float (15 Oct 2026).
Next results Next results expected around 16 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $4.92B | $4.38B | $3.57B | $3.28B | $2.74B |
| Revenue growth | — | +23% | +9% | +20% | — |
| Gross profit | $1.31B | $1.23B | $1.22B | $1.11B | $969M |
| EBITDA | $1.96B | $1.75B | $1.55B | $1.42B | $1.19B |
| Net income | $123M | $1.00M | $211M | $347M | $330M |
| Free cash flow | -$193M | -$169M | $16.0M | -$390M | -$356M |
| Capital expenditure | $1.46B | $1.25B | $1.21B | $1.48B | $1.27B |
| Total debt | $9.63B | $9.68B | $5.07B | $4.48B | $3.62B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Herc HRI | $5.08B | +14% | +19% | 6% | 2.56× | 33.3% |
| United Rentals URI | $65.4B | +13% | +9% | 31% | 6.75× | 77.1% |
| WillScot WSC | $3.42B | -33% | -3% | -7% | 3.75× | 35.8% |
| Custom Truck One Source CTOS | $2.12B | -4% | +6% | 4% | 2.58× | 26.7% |
| McGrath RentCorp MGRC | $3.05B | +9% | +2% | 13% | 2.38× | 13.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HRI | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +22.7% | -1.3% | highest of 21 |
| 6-month return | +13.7% | -5.5% | 2nd highest of 21 |
| Return on equity | 6.3% | 14.4% | 2nd lowest of 20 |
| Price / book | 2.56× | 1.90× | 8th most expensive of 20 |
| Trailing P/E | 41.4× | 12.7× | most expensive of 20 |
| ROE the price implies | 33.3% | 18.5% | 5th most demanding of 20 |
| ROE delivered | 6.3% | 14.4% | 2nd lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Herc HRI | United States | $5.08B | +14% | +19% | 6% | 2.56× | 33.3% | 6.3% |
| Figure Technology Solutions FIGR | United States | $5.10B | -40% | +66% | 26% | 3.58× | 26.5% | 26.2% |
| Sundaram Finance SUNDARMFIN.NS | India | $4.95B | -11% | +14% | 14% | 2.89× | 35.3% | 14.4% |
| Credit Acceptance CACC | United States | $5.37B | -1% | +2% | 23% | 3.86× | 38.2% | 22.7% |
| HDB Financial Services HDBFS.NS | India | $4.71B | -24% | +11% | 14% | 2.01× | 30.2% | 14.3% |
| Nelnet NNI | United States | $4.67B | +7% | -7% | 8% | 1.24× | 10.1% | 8.1% |
| Element Fleet Management EFN.TO | Canada | $5.61B | -31% | +5% | 11% | 2.06× | 9.2% | 10.6% |
| Chailease 5871.TW | Taiwan | $5.74B | -10% | -4% | 12% | 0.97× | 3.8% | 11.5% |
| Bohai Leasing 000415.SZ | China | $4.44B | +2% | -7% | 18% | 0.90× | 6.3% | 17.8% |
| Poonawalla Fincorp POONAWALLA.NS | India | $4.42B | +4% | +77% | 9% | 3.02× | 47.4% | 9.2% |
| SBI Cards & Payment Services SBICARD.NS | India | $5.89B | -10% | +6% | 16% | 3.24× | 40.7% | 16.3% |
| ACOM 8572.T | Japan | $4.38B | -12% | +7% | 9% | 0.96× | 5.6% | 9.3% |
| Blue Owl Technology Finance OTF | United States | $4.36B | -13% | +95% | 5% | 0.58× | 4.9% | 4.8% |
| Enova International ENVA | United States | $4.22B | -1% | +20% | 27% | 2.72× | 26.6% | 26.8% |
| Avis Budget CAR | United States | $4.20B | -18% | -1% | n/a | n/a | n/a | n/a |
| Mahindra & Mahindra Financial Services M&MFIN.NS | India | $4.12B | -15% | +15% | 14% | 1.41× | 23.7% | 13.8% |
| OneMain OMF | United States | $6.42B | 0% | +6% | 23% | 1.90× | 18.5% | 22.7% |
| GMO Payment Gateway 3769.T | Japan | $3.98B | +6% | +13% | 22% | 5.02× | 32.4% | 21.5% |
| Jiangsu Financial Leasing 600901.SS | China | $6.66B | +12% | +14% | 13% | 1.67× | 5.9% | 13.5% |
| Bread Financial BFH | United States | $3.87B | +17% | +2% | 16% | 1.13× | 12.2% | 15.9% |
| Sixt SIX2.DE | Germany | $3.67B | +4% | +7% | 15% | 1.67× | 15.8% | 15.0% |