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Herc Holdings (Herc Holdings) Net Margin %

: 10.94% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Herc Holdings's Net Income for the three months ended in Dec. 2023 was $91 Mil. Herc Holdings's Revenue for the three months ended in Dec. 2023 was $832 Mil. Therefore, Herc Holdings's net margin for the quarter that ended in Dec. 2023 was 10.94%.

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

HRI' s Net Margin % Range Over the Past 10 Years
Min: -1.27   Med: 5.85   Max: 12.04
Current: 10.57


HRI's Net Margin % is ranked better than
78.12% of 1065 companies
in the Business Services industry
Industry Median: 3.93 vs HRI: 10.57

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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.38 4.14 10.81 12.04 10.57

Herc Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 12.45 9.05 9.48 12.44 10.94

Competitive Comparison

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 Net Margin % Distribution

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 )
=347/3282
=10.57 %

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

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=91/832
=10.94 %

* 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) 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

Thank you for viewing the detailed overview of Herc Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Herc Holdings (Herc Holdings) 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.
Executives
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