Below are the financial statements of Herc Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Revenues | — | — | — |
Equipment rental | 3,189a | 2,870a | 2,552a |
Sales of rental equipment | 311a | 346a | 125a |
Sales of new equipment, parts and supplies | 37a | 38a | 36a |
Service and other revenue | 31a | 28a | 27a |
Total revenues | 3,568a | 3,282a | 2,740a |
Expenses | — | — | — |
Direct operating | -1,291a | -1,139a | -1,029a |
Depreciation of rental equipment | -679a | -643a | -536a |
Cost of sales of rental equipment | -224a | -252a | -89a |
Cost of sales of new equipment, parts and supplies | -24a | -25a | -21a |
Selling, general and administrative | -480a | -448a | -411a |
Non-rental depreciation and amortization | -127a | -112a | -95a |
Interest expense, net | -260a | -224a | -122a |
Loss on assets held for sale | -194a | 0a | 0a |
Other expense (income), net | -2a | -8a | 3a |
Total expenses | -3,277a | -2,835a | -2,306a |
Income before income taxes | 291a | 447a | 434a |
Income tax provision | -80a | -100a | -104a |
Net income | 211a | 347a | 330a |
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