H & E Equipment Services Inc
HEES
ISIN null / Valor 2310378
H & E Equipment Services Inc
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About company
H & E Equipment Services Inc., established in 1961, is a prominent player in the equipment rental industry in the United States. With over $1 billion in total revenue and more than 140 locations nationwide, the company has positioned itself as one of the largest and fastest-growing rental companies in the country. H & E Equipment Services specializes in providing a wide range of equipment rentals, coupled with comprehensive service solutions that include fleet maintenance and operator and safety training. The company caters to a diverse clientele, ensuring reliability, competitive pricing, and support through a first-class service team. Recognized for its workplace environment and trustworthiness, H & E Equipment Services has received accolades such as a "Best Places to Work" award and a spot on Forbes' list of "America's 100 Most Trustworthy Companies."
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (12.10.2025):
H & E Equipment Services Inc reported its financial results for the fourth quarter of 2024, showing a slight decrease in revenues and net income compared to the same period in 2023.
Revenue
Revenues decreased by 0.4% to $384.1 million in Q4 2024 compared to $385.8 million in Q4 2023. Total equipment rental revenues saw a modest increase of 0.8% to $319.4 million.
Net Income
Net income fell to $32.8 million in the fourth quarter of 2024 from $53.5 million in Q4 2023. The effective income tax rate improved to 13.6% from 19.4% year-over-year.
Adjusted EBITDA
Adjusted EBITDA declined by 5.6% to $174.9 million in Q4 2024, down from $185.2 million in the fourth quarter of 2023, with the adjusted EBITDA margin decreasing to 45.5%.
Sales of Equipment
Sales of rental equipment dropped by 30.1% to $28.4 million, while sales of new equipment surged by 109.0% to $20.5 million compared to Q4 2023.
Gross Margin
Total gross margin decreased to 43.6% in Q4 2024 from 48.3% in the same period last year. Rental gross margins also declined to 50.9% from 54.2% year-over-year.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3470 M
Market cap (USD)
Daily traded volume (Shares)
49.54 / 48.29
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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