Herc Holdings (LTS:0J4L) Accumulated Depreciation : $-2,020 Mil (As of Mar. 2024)

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What is Herc Holdings Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Herc Holdings's quarterly accumulated depreciation increased from Sep. 2023 ($-2,006 Mil) to Dec. 2023 ($-2,376 Mil) but then stayed the same from Dec. 2023 ($-2,376 Mil) to Mar. 2024 ($-2,020 Mil).

Herc Holdings's annual accumulated depreciation increased from Dec. 2021 ($-1,950 Mil) to Dec. 2022 ($-2,323 Mil) and increased from Dec. 2022 ($-2,323 Mil) to Dec. 2023 ($-2,376 Mil).

Herc Holdings Accumulated Depreciation Historical Data

The historical data trend for Herc Holdings's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Herc Holdings Accumulated Depreciation Chart

Herc Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-1,648.20

-1,686.80

-1,950.40

-2,323.00

-2,376.00

Herc Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-1,989.00	-2,034.00	-2,006.00	-2,376.00	-2,020.00

Herc Holdings Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Herc Holdings Accumulated Depreciation Related Terms

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Herc Holdings (LTS:0J4L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Herc Holdings Inc (LTS:0J4L) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

HRI:USA

Address

27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134

Website

https://www.hercrentals.com

Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.2 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.

Herc Holdings (LTS:0J4L) Headlines

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