Herc Holdings Inc

Latest Results (19.11.2025):

Herc Holdings Inc reported its financial results for the Third Quarter of 2025 with a mix of strong revenue growth and notable operational integration milestones. Total revenues rose 35% to $1,304 million, driven by a 30% increase in equipment rental revenue, while the successful completion of the H&E technology integration underpinned ongoing strategic efforts. Despite a lower net income of $30 million compared to the prior year, the company’s adjusted EBITDA increased 24% to $551 million, even as they managed higher expenses related to acquisition integration and elevated interest costs.

Revenue Growth

Total revenues increased by 35% to $1,304 million, highlighted by a 30% jump in equipment rental revenue, reflecting strong demand and improved fleet mix following the H&E acquisition.

Profitability and Cash Flow

While net income declined to $30 million and adjusted net income fell to $74 million, Herc Holdings Inc improved its operational performance with a 24% increase in adjusted EBITDA, reaching $551 million, though margins were slightly compressed due to acquisition-related costs.

Integration and Strategic Initiatives

The Third Quarter of 2025 marked the successful completion of the H&E technology integration, unifying IT systems across the acquired branches with Herc’s robust platform. This milestone supports longer-term efficiencies and market share expansion as the company streamlines its operations.

Operational and Financial Discipline

In addition to strong revenue growth amid integration, the quarter featured strategic actions like the divestiture of the Cinelease studio entertainment business and a dividend declaration of $0.70, underscoring Herc Holdings Inc's focus on disciplined capital management and operational resilience.