Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest player in North America, after United Rentals and Sunbelt Rentals, with an approximate 6% market share pro forma for its 2025 acquisition of H&E Equipment Services. It serves a similar mix of companies to its peers (industrial, commercial, and residential construction) from its 450 locations targeting the top 100 metropolitan markets in the US. Herc's rental fleet of approximately $7 billion is also similar in composition to its peer group in terms of equipment offered. The company is also pursuing diversification by bundling and increasing specialty solutions for its customer base. Herc's portfolio skews toward local customers versus national accounts (60%/40%).
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The chart shows the growth of an initial investment of $10,000 in Herc Holdings Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Herc Holdings Inc. (HRI) has returned -39.09% so far this year and -20.68% over the past 12 months. Looking at the last ten years, HRI has achieved an annualized return of 10.22%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Herc Holdings Inc. (HRI) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.10% | -2.77% | -27.59% | -9.70% | ||||||||
| 2025 | 6.12% | -27.15% | -7.47% | -17.05% | 12.35% | 5.90% | -11.00% | 15.52% | -9.16% | 19.84% | -4.33% | 11.17% |
| 2024 | -0.03% | 5.81% | 6.49% | -15.37% | 1.12% | -9.46% | 16.24% | -6.09% | 10.84% | 31.33% | 9.70% | -18.63% |
| 2023 | 16.92% | -6.89% | -20.88% | -12.02% | 1.42% | 34.50% | -1.60% | -2.59% | -9.44% | -9.54% | 16.18% | 19.47% |
| 2022 | 2.15% | -1.83% | 5.78% | -23.47% | -8.06% | -23.42% | 37.92% | -8.35% | -6.64% | 11.28% | 7.77% | 1.46% |
| 2021 | -4.73% | 35.27% | 14.14% | 3.12% | 7.83% | -3.84% | 8.91% | 5.16% | 24.18% | 11.18% | -7.29% | -11.22% |
| 2020 | -19.01% | -9.01% | -44.49% | 44.77% | 6.11% | 7.37% | 10.44% | 20.76% | -2.68% | 11.09% | 26.67% | 11.97% |
| 2019 | 47.90% | 18.76% | -13.15% | 22.23% | -30.19% | 35.15% | -4.08% | -7.92% | 14.30% | -5.89% | 4.31% | 4.66% |
| 2018 | 4.32% | -0.20% | -0.15% | -18.65% | 4.45% | 3.00% | 3.16% | -7.79% | -2.53% | -38.01% | 10.06% | -28.85% |
| 2017 | 22.16% | 2.82% | -1.25% | -7.01% | -17.02% | 3.45% | 14.54% | -7.02% | 15.33% | -1.02% | 21.25% | 5.30% |
| 2016 | 2.76% | -4.57% | -0.18% | -10.23% | 31.98% | 0.75% |
The charts below present risk-adjusted performance metrics for Herc Holdings Inc. (HRI) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of HRI compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Herc Holdings Inc. volatility is 3.14%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities And Equity (USD) | 13.78B | 7.88B | 7.06B | 5.96B | 4.49B | 3.59B | 3.82B | 3.61B | 3.55B | 3.46B |
| Equity Attributable To Parent (USD) | 1.95B | 1.40B | 1.27B | 1.11B | 976.90M | 742.00M | 644.30M | 572.70M | 510.40M | 317.70M |
| Equity Attributable To Noncontrolling Interest (USD) | - | - | - | - | - | - | - | - | - | - |
| Equity (USD) | 1.95B | 1.40B | 1.27B | 1.11B | 976.90M | 742.00M | 644.30M | 572.70M | 510.40M | 317.70M |
| Noncurrent Liabilities (USD) | 11.10B | 5.92B | 5.28B | 4.24B | 2.98B | 2.52B | 2.85B | 2.74B | 2.75B | 2.90B |
| Other Current Liabilities (USD) | 320.00M | 256.00M | 245.00M | 223.60M | 194.10M | 168.80M | 169.80M | 120.10M | 111.20M | 74.70M |
| Wages (USD) | 73.00M | 58.00M | 51.00M | 62.10M | 55.20M | 33.40M | 26.80M | 32.10M | 27.50M | 29.20M |
| Accounts Payable (USD) | 337.00M | 248.00M | 212.00M | 318.30M | 280.60M | 125.80M | 126.50M | 147.00M | 152.00M | 139.00M |
| Current Liabilities (USD) | 730.00M | 562.00M | 508.00M | 604.00M | 529.90M | 328.00M | 323.10M | 299.20M | 290.70M | 242.90M |
| Liabilities (USD) | 11.83B | 6.48B | 5.79B | 4.85B | 3.51B | 2.85B | 3.17B | 3.04B | 3.04B | 3.15B |
| Other Non-current Assets (USD) | 10.29B | 5.98B | 5.40B | 4.49B | 3.32B | 2.64B | 2.81B | 2.63B | 2.51B | 2.52B |
| Intangible Assets (USD) | 1.67B | 572.00M | 467.00M | 431.40M | 388.70M | 295.90M | 291.50M | 293.50M | 283.90M | 303.90M |
| Fixed Assets (USD) | 868.00M | 554.00M | 465.00M | 391.90M | 308.40M | 290.40M | 311.80M | 282.50M | 286.30M | 272.00M |
| Noncurrent Assets (USD) | 12.82B | 7.10B | 6.33B | 5.31B | 4.02B | 3.22B | 3.42B | 3.21B | 3.08B | 3.09B |
| Other Current Assets (USD) | 884.00M | 729.00M | - | - | - | - | - | 382.50M | 450.80M | 347.60M |
| Prepaid Expenses (USD) | 72.00M | 47.00M | - | - | - | - | - | - | - | - |
| Inventory (USD) | - | - | - | - | - | - | - | 17.90M | 23.70M | 24.10M |
| Current Assets (USD) | 956.00M | 776.00M | 732.00M | 643.50M | 469.70M | 367.10M | 399.70M | 400.40M | 474.50M | 371.70M |
| Assets (USD) | 13.78B | 7.88B | 7.06B | 5.96B | 4.49B | 3.59B | 3.82B | 3.61B | 3.55B | 3.46B |
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