herc rentals is a premier, full-service equipment-rental firm, providing our customers the equipment and services they need to achieve optimal performance. with more than 50 years of equipment-rental expertise, approximately 4,800 employees; approximately 270 company-operated locations, principally in the u.s. and canada, herc rentals is one of the leading equipment rental companies in north america. the company serves the construction and industrial segments and also provides solutions to government entities, railroads and infrastructure, and for remediation, emergency response, entertainment and events, and facilities and maintenance.
Company profile
Ticker
HRI
Exchange
Website
CEO
Lawrence Silber
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HERTZ GLOBAL HOLDINGS INC
SEC CIK
Corporate docs
Subsidiaries
Black and Gold Insurance Ltd. • Cinelease, LLC • Herc Build, LLC • Herc FSC LLC • Herc Intermediate Holdings, LLC • Herc Investors, LLC • Herc Management Holdings LLC • Herc Management Services LLC • Herc Purchasing LLC • Herc Sales Force A LLC ...
IRS number
203530539
HRI stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
21 May 24
10-Q
2024 Q1
Quarterly report
23 Apr 24
8-K
Herc Holdings Reports Strong First Quarter 2024 Results and Affirms 2024 Full Year Guidance
23 Apr 24
ARS
2023 FY
Annual report to shareholders
29 Mar 24
DEFA14A
Additional proxy soliciting materials
29 Mar 24
DEF 14A
Definitive proxy
29 Mar 24
10-K
2023 FY
Annual report
13 Feb 24
8-K
Herc Holdings Reports Strong Full Year 2023 Results and Announces 2024 Full Year Guidance
13 Feb 24
S-8
Registration of securities for employees
12 Dec 23
8-K
Regulation FD Disclosure
2 Nov 23
Transcripts
HRI
Earnings call transcript
2024 Q1
23 Apr 24
HRI
Earnings call transcript
2023 Q4
13 Feb 24
HRI
Earnings call transcript
2023 Q3
24 Oct 23
HRI
Earnings call transcript
2023 Q2
25 Jul 23
HRI
Earnings call transcript
2023 Q1
20 Apr 23
HRI
Earnings call transcript
2022 Q4
14 Feb 23
HRI
Earnings call transcript
2022 Q3
20 Oct 22
HRI
Earnings call transcript
2022 Q2
21 Jul 22
HRI
Earnings call transcript
2022 Q1
21 Apr 22
HRI
Earnings call transcript
2021 Q4
10 Feb 22
Latest ownership filings
4
RAKESH SACHDEV
20 May 24
4
Michael A Kelly
20 May 24
4
JEAN K HOLLEY
20 May 24
4
Lorin Crenshaw
20 May 24
3
Lorin Crenshaw
20 May 24
4
SHARI L BURGESS
20 May 24
4
James H Browning
20 May 24
4
PATRICK D CAMPBELL
20 May 24
4
Lawrence Harris Silber
15 May 24
144
Notice of proposed sale of securities
13 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 63.00 mm | 63.00 mm | 63.00 mm | 63.00 mm | 63.00 mm | 63.00 mm |
Cash burn (monthly) | 2.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 5.50 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 57.50 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 21.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
2.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 32 |
Opened positions | 7 |
Closed positions | 234 |
Increased positions | 1 |
Reduced positions | 13 |
13F shares | Current |
---|---|
Total value | 67.69 bn |
Total shares | 834.14 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Alger Associates | 372.59 k | $43.82 mm |
Mirae Asset Global Investments | 166.18 k | $24.74 bn |
Nordea Investment Management Ab | 124.06 k | $18.62 bn |
Ceredex Value Advisors | 85.72 k | $12.76 bn |
Oak Ridge Investments | 22.52 k | $3.35 bn |
International Assets Investment Management | 10.42 k | $70.00 k |
Arizona State Retirement System | 7.91 k | $1.18 bn |
Allspring Global Investments | 6.38 k | $949.32 mm |
Salem Investment Counselors | 6.08 k | $904.51 mm |
Avitas Wealth Management | 5.13 k | $764.25 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 May 24 | Campbell Patrick D | Common Stock | Grant | Acquire A | No | No | 0 | 834 | 0.00 | 11,420 |
16 May 24 | Campbell Patrick D | Common Stock | Grant | Acquire A | No | No | 156.03 | 962 | 150.10 k | 10,586 |
16 May 24 | Browning James H | Phantom Stock Common Stock | Grant | Acquire A | No | No | 0 | 834 | 0.00 | 13,927 |
16 May 24 | Burgess Shari L | Phantom Stock Common Stock | Grant | Acquire A | No | No | 0 | 834 | 0.00 | 5,030 |
16 May 24 | Crenshaw Lorin | Phantom Stock Common Stock | Grant | Acquire A | No | No | 0 | 834 | 0.00 | 834 |
News
As Large-Cap Stocks Take A Breather And The SPY Trades Sideways, Will Small-Cap Stocks Steal The Spotlight?
6 May 24
Why Equipment Rental Firm Herc's Shares Are Surging Today
23 Apr 24
Earnings Scheduled For April 23, 2024
23 Apr 24
Goldman Sachs Maintains Buy on Herc Hldgs, Raises Price Target to $178
16 Apr 24
Small-Cap Companies Can Offer Promise Of High Returns, But How Does One Find Winners Given The Risks Involved? A Look Inside Infracap's SCAP ETF
8 Apr 24
Press releases
Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.665 Per Share
17 May 24
Herc Holdings to Participate in Bank of America Transportation Airlines & Industrials Conference 2024
2 May 24
Herc Holdings Announces First Quarter 2024 Earnings Call and Webcast Date
10 Apr 24
Herc Holdings to Participate in Bank of America 2024 Global Industrials Conference
13 Mar 24