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Herc Holdings (FRA:H9B1) Net Margin % : 8.08% (As of Mar. 2024)


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What is Herc Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Herc Holdings's Net Income for the three months ended in Mar. 2024 was €60 Mil. Herc Holdings's Revenue for the three months ended in Mar. 2024 was €740 Mil. Therefore, Herc Holdings's net margin for the quarter that ended in Mar. 2024 was 8.08%.

The historical rank and industry rank for Herc Holdings's Net Margin % or its related term are showing as below:

FRA:H9B1' s Net Margin % Range Over the Past 10 Years
Min: -1.27   Med: 5.85   Max: 12.04
Current: 10.31


FRA:H9B1's Net Margin % is ranked better than
77.5% of 1062 companies
in the Business Services industry
Industry Median: 3.9 vs FRA:H9B1: 10.31

Herc Holdings Net Margin % Historical Data

The historical data trend for Herc Holdings's Net Margin % 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.

* Premium members only.

Herc Holdings Net Margin % Chart

Herc Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 4.14 10.81 12.04 10.57

Herc Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.05 9.48 12.44 10.94 8.08

Competitive Comparison of Herc Holdings's Net Margin %

For the Rental & Leasing Services subindustry, Herc Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Herc Holdings's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Herc Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Herc Holdings's Net Margin % falls into.



Herc Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Herc Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=318.199/3009.594
=10.57 %

Herc Holdings's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=59.8/739.68
=8.08 %

* 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  (FRA:H9B1) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Herc Holdings Net Margin % Related Terms

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Herc Holdings (FRA:H9B1) Business Description

Traded in Other Exchanges
Address
27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134
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 (FRA:H9B1) Headlines

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