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Herc Holdings (FRA:H9B1) 5-Year Yield-on-Cost % : 1.76 (As of May. 07, 2024)


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What is Herc Holdings 5-Year Yield-on-Cost %?

Herc Holdings's yield on cost for the quarter that ended in Mar. 2024 was 1.76.


The historical rank and industry rank for Herc Holdings's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:H9B1' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.3   Med: 1.69   Max: 2.36
Current: 1.76


During the past 11 years, Herc Holdings's highest Yield on Cost was 2.36. The lowest was 0.30. And the median was 1.69.


FRA:H9B1's 5-Year Yield-on-Cost % is ranked worse than
77.89% of 588 companies
in the Business Services industry
Industry Median: 3.55 vs FRA:H9B1: 1.76

Competitive Comparison of Herc Holdings's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Herc Holdings's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Herc Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Herc Holdings's 5-Year Yield-on-Cost % falls into.



Herc Holdings 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Herc Holdings is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Herc Holdings  (FRA:H9B1) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Herc Holdings 5-Year Yield-on-Cost % 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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