Herc Holdings delivered a strong third quarter in 2025, with total revenues increasing by 35% to $1,304 million, primarily fueled by a 30% rise in equipment rental revenue. The company successfully completed the IT integration of H&E Equipment Services, a key strategic milestone, and reported a net income of $30 million, or $0.90 per diluted share, alongside an adjusted net income of $74 million, or $2.22 per diluted share.

Herc Holdings posted strong revenue growth in Q2 2025, primarily driven by the H&E Equipment Services acquisition. However, the company reported a net loss due to significant transaction-related expenses and losses on assets held for sale.

Herc Holdings delivered record revenue of $861 million in Q1 2025, despite incurring a net loss of $18 million primarily due to $74 million in transaction expenses related to the H&E acquisition. Equipment rental revenue also hit a record high, and adjusted EPS came in at $1.30.

Herc Holdings achieved record Q4 equipment rental revenue, growing 12% YoY. Total revenue increased 14% YoY, but a $194M loss on Cinelease assets resulted in a net loss of $46M. Adjusted net income increased 11% YoY, and operating margins remained stable.

Herc Holdings reported a 6% increase in total revenues to $965 million, driven by a 13% increase in equipment rental revenue. Net income rose by 8% to $122 million, and adjusted EBITDA increased by 9% to $446 million. The company updated its full year 2024 equipment rental revenue growth and gross and net rental capital expenditures guidance ranges, while reaffirming its adjusted EBITDA guidance range.

Herc Holdings reported a 6% increase in total revenues to $848 million and a record equipment rental revenue of $765 million. However, net income decreased by 8% to $70 million due to slower growth in the local market and increased operating expenses. The company reaffirmed its full-year 2024 guidance.

Herc Holdings reported a 9% increase in total revenues to $804 million for the first quarter of 2024. Net income decreased by 3% to $65 million, or $2.29 per diluted share. Adjusted EBITDA increased by 10% to $339 million, with an adjusted EBITDA margin of 42.2%. The company is affirming its full year 2024 guidance.

Herc Holdings reported a 6% increase in total revenues reaching $831 million in Q4 2023. Net income decreased by 7% to $91 million, or $3.20 per diluted share. The company anticipates continued growth in 2024, with equipment rental revenue expected to increase by 7% to 10%.

Herc Holdings reported a 22% increase in total revenues to $908 million, with net income rising to $113 million, or $3.96 per diluted share. The company's performance was supported by positive pricing and increased volume in equipment rentals, along with strategic acquisitions and a focus on cost discipline.

Herc Holdings reported a strong second quarter with a 25% increase in total revenues to $802 million and a 12% increase in net income to $76 million. Equipment rental revenue increased by 16% to $702 million, driven by higher pricing and volume. The company reaffirmed its full-year 2023 adjusted EBITDA guidance.

Herc Holdings reported a record first quarter with total revenues of $740 million, a 30% increase year-over-year. Net income increased by 16% to $67 million, or $2.28 per diluted share. The company is affirming its full year 2023 adjusted EBITDA guidance range and net rental capital expenditures guidance.

Herc Holdings reported record full year 2022 results. Equipment rental revenue increased 31.5% to a record $713.1 million. Total revenues increased 36.0% to a record $786.0 million. Net income increased 36.2% to $97.8 million, or $3.27 per diluted share. Adjusted EBITDA grew 40.8% to a record $361.2 million and adjusted EBITDA margin expanded 160 basis points to 46.0%.

Herc Holdings reported a strong third quarter in 2022, marked by significant increases in equipment rental revenue, total revenue, and net income. The company's adjusted EBITDA also saw substantial growth, and they raised their full-year adjusted EBITDA guidance.

Herc Holdings reported a strong second quarter with equipment rental revenue increasing by 35.1% to $605.4 million and total revenues increasing by 30.5% to $640.4 million. Net income increased by 53.3% to $72.2 million, or $2.38 per diluted share. The company is also initiating a share repurchase program.

Herc Holdings reported a strong first quarter in 2022, with equipment rental revenue increasing by 31.6% to a record $526.8 million and total revenues increasing by 25.0% to $567.3 million. Net income increased by 77.8% to $58.5 million, and adjusted EBITDA grew by 28.3% to $236.8 million. The company has increased its full year 2022 adjusted EBITDA guidance.

Herc Holdings reported a strong fourth quarter with equipment rental revenue increasing 26.9% to a record $542.4 million and total revenues increasing 11.1% to $578.0 million. Net income increased to $71.8 million, or $2.36 per diluted share. Adjusted EBITDA grew 31.1% to a record $256.5 million with adjusted EBITDA margin expanding 680 basis points to 44.4%.

Herc Holdings reported a strong third quarter in 2021, with total revenues increasing by 20.5% to $550.4 million and net income rising to $72.3 million, or $2.37 per diluted share. The company's performance was driven by a 29.2% increase in equipment rental revenue and an improvement in dollar utilization to 46.0%. Herc Holdings affirmed its full-year 2021 guidance for adjusted EBITDA and net capital fleet expenditures.

Herc Holdings reported a strong second quarter in 2021, with total revenues up 33.4% and net income increasing to $47.1 million. The company raised its full-year guidance for adjusted EBITDA to $840 million to $870 million and net capital fleet expenditures to $500 million to $550 million.

Herc Holdings reported a strong start to the year with a 4% increase in total revenues and a 25% increase in adjusted EBITDA compared to the previous year. The company's adjusted EBITDA margin hit a record for the first quarter, reflecting the strength of their operating model. The company also raised its full year adjusted EBITDA guidance.

Herc Holdings reported Q4 2020 results, exceeding expectations with equipment rental revenue at $427.3 million and total revenues at $520.4 million. Net income was $35.5 million, or $1.19 per diluted share. The company's focus on cost control and customer diversification contributed to improved adjusted EBITDA margin and strong free cash flow.

Herc Holdings reported Q3 2020 results with equipment rental revenue of $402.3 million and total revenues of $456.7 million. Net income was $39.9 million, or $1.35 per diluted share. Adjusted EBITDA was $196.7 million with an adjusted EBITDA margin of 43.1%. Full year 2020 adjusted EBITDA guidance was raised to a range of $655 million to $675 million.

Herc Holdings reported a decrease in equipment rental revenue and total revenues for Q2 2020 compared to the previous year, primarily due to the impact of COVID-19. However, the company improved its adjusted EBITDA margin through cost control initiatives.

Herc Holdings reported a 2.4% increase in equipment rental revenue to $386.5 million for Q1 2020. Total revenues were $436.2 million, down from $475.7 million in the prior year. The company reported a net loss of $3.7 million, or $0.13 per diluted share, but adjusted EBITDA increased 3.8% to $147.7 million.

Herc Holdings reported a slight decrease in total revenues but an increase in equipment rental revenue and net income in Q4 2019. The company's strategic initiatives led to pricing improvements and operating efficiency gains, resulting in the highest fourth-quarter adjusted EBITDA margin since the spin-off in 2016.