HRI has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
HRI has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Herc Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $519 Mil. Its Revenue for the three months ended in Mar. 2024 was $804 Mil.
Herc Holdings's COGS to Revenue for the three months ended in Mar. 2024 was 0.65.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Herc Holdings's Gross Margin % for the three months ended in Mar. 2024 was 35.45%.
The historical data trend for Herc Holdings's COGS-to-Revenue 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.
Herc Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
COGS-to-Revenue | Get a 7-Day Free Trial | 0.73 | 0.70 | 0.64 | 0.61 | 0.63 |
Herc Holdings Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
COGS-to-Revenue | Get a 7-Day Free Trial | 0.65 | 0.63 | 0.62 | 0.61 | 0.65 |
Herc Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 2059 | / | 3282 | |
= | 0.63 |
Herc Holdings's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 519 | / | 804 | |
= | 0.65 |
* 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.
Herc Holdings (NYSE:HRI) COGS-to-Revenue Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Herc Holdings's Gross Margin % for the three months ended in Mar. 2024 is calculated as:
Gross Margin % | = | 1 | - | COGS to Revenue |
= | 1 | - | Cost of Goods Sold / Revenue | |
= | 1 | - | 519 / 804 | |
= | 35.45 % |
* 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.
A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.
Thank you for viewing the detailed overview of Herc Holdings's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Mark Alan Schumacher | officer: VP, CAO and Controller | 27500 RIVERVIEW CENTER BLVD, BONITA SPRINGS FL 34134 |
Lawrence Harris Silber | director, officer: President & CEO | 7 FOX HOLLOW COURT, FLEMINGTON NJ 08822 |
Christian J Cunningham | officer: SVP & Chief HR Officer | C/O HERC HOLDINGS INC., 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134 |
Aaron Birnbaum | officer: SVP & Chief Operating Officer | 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134 |
Carl C Icahn | 10 percent owner | C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160 |
Mark Irion | officer: SVP & CFO | C/O NEFF CORPORATION, SUITE 400, 3750 N.W. 87TH AVENUE, MIAMI FL 33178 |
Hunter Clark Gary | director | C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160 |
Steven D Miller | director | 16690 COLLINS AVENUE, PH, SUNNY ISLE BEACH FL 33160 |
Rakesh Sachdev | director | 3050 SPRUCE STREET, ST LOUIS MO 63103 |
James H Browning | director | 3760 JARDIN, HOUSTON TX 77005 |
Tamir Peres | officer: SVP&Chief Information Officer | 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134 |
Andrew Teno | director | C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036 |
Shari L Burgess | director | |
Andrew Langham | director | C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160 |
Herbert L Henkel | director | C/O INGERSOLL-RAND COMPANY LIMITED, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645 |
From GuruFocus
By Business Wire Business Wire • 05-02-2023
By Business Wire • 08-04-2023
By Business Wire • 11-02-2023
By Business Wire Business Wire • 02-17-2023
By Business Wire Business Wire • 12-02-2022
By Business Wire Business Wire • 05-24-2023
By Business Wire • 01-23-2024
By GuruFocus Research GuruFocus Editor • 02-14-2023
By Business Wire • 07-11-2023
By GuruFocus Research • 12-08-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.