Herc Holdings Inc is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.4 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’ prepares now to incorporate long-term rentals to industrial customers where Herc maintains its own staff at the customer site.
1965
7.6K+
LTM Revenue $3.6B
LTM EBITDA $1.6B
$9.7B
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Herc Holdings has a last 12-month revenue of $3.6B and a last 12-month EBITDA of $1.6B.
In the most recent fiscal year, Herc Holdings achieved revenue of $3.4B and an EBITDA of $1.4B.
Herc Holdings expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Herc Holdings valuation multiples based on analyst estimatesFY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $2.7B | $3.3B | $3.4B | $3.6B | XXX |
Gross Profit | $1.1B | $1.2B | $1.2B | XXX | XXX |
Gross Margin | 39% | 37% | 34% | XXX | XXX |
EBITDA | $1.2B | $1.4B | $1.4B | $1.6B | XXX |
EBITDA Margin | 43% | 43% | 40% | 44% | XXX |
Net Profit | $330M | $347M | $211M | XXX | XXX |
Net Margin | 12% | 11% | 6% | XXX | XXX |
Net Debt | $2.8B | $3.6B | $3.9B | XXX | XXX |
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As of February 21, 2025, Herc Holdings's stock price is $164.
Herc Holdings has current market cap of $4.7B, and EV of $9.7B.
See Herc Holdings trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$9.7B | $4.7B | XXX | XXX | XXX | XXX | $12.95 |
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Sign UpAs of February 21, 2025, Herc Holdings has market cap of $4.7B and EV of $9.7B.
Herc Holdings's trades at 2.7x LTM EV/Revenue multiple, and 6.1x LTM EBITDA.
Analysts estimate Herc Holdings's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Herc Holdings and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $9.7B | XXX | XXX | XXX |
EV/Revenue | 2.9x | XXX | XXX | XXX |
EV/EBITDA | 7.1x | XXX | XXX | XXX |
P/E | 22.1x | XXX | XXX | XXX |
P/E/Growth | 0.5x | XXX | XXX | XXX |
EV/FCF | 603.4x | XXX | XXX | XXX |
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Sign UpHerc Holdings's NTM/LTM revenue growth is 4%
Herc Holdings's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Herc Holdings's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Herc Holdings's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Herc Holdings and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 3% | XXX | XXX | XXX | XXX |
EBITDA Margin | 40% | XXX | XXX | XXX | XXX |
EBITDA Growth | -5% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 44% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.4M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
Opex to Revenue | 18% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
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2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Autohellas | XXX | XXX | XXX | XXX | XXX | XXX |
AutoWallis | XXX | XXX | XXX | XXX | XXX | XXX |
Localiza | XXX | XXX | XXX | XXX | XXX | XXX |
Dubai Taxi | XXX | XXX | XXX | XXX | XXX | XXX |
Sixt | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Herc Holdings acquired XXX companies to date.
Last acquisition by Herc Holdings was XXXXXXXX, XXXXX XXXXX XXXXXX . Herc Holdings acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
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XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
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Sign UpWhen was Herc Holdings founded? | Herc Holdings was founded in 1965. |
Where is Herc Holdings headquartered? | Herc Holdings is headquartered in United States of America. |
How many employees does Herc Holdings have? | As of today, Herc Holdings has 7.6K+ employees. |
Who is the CEO of Herc Holdings? | Herc Holdings's CEO is Mr. Lawrence H. Silber. |
Is Herc Holdings publicy listed? | Yes, Herc Holdings is a public company listed on NYS. |
What is the stock symbol of Herc Holdings? | Herc Holdings trades under HRI ticker. |
When did Herc Holdings go public? | Herc Holdings went public in 2016. |
Who are competitors of Herc Holdings? | Similar companies to Herc Holdings include e.g. Autohellas, AutoWallis, Localiza, Dubai Taxi. |
What is the current market cap of Herc Holdings? | Herc Holdings's current market cap is $4.7B |
What is the current revenue of Herc Holdings? | Herc Holdings's last 12-month revenue is $3.6B. |
What is the current EBITDA of Herc Holdings? | Herc Holdings's last 12-month EBITDA is $1.6B. |
What is the current EV/Revenue multiple of Herc Holdings? | Current revenue multiple of Herc Holdings is 2.7x. |
What is the current EV/EBITDA multiple of Herc Holdings? | Current EBITDA multiple of Herc Holdings is 6.1x. |
What is the current revenue growth of Herc Holdings? | Herc Holdings revenue growth between 2023 and 2024 was 3%. |
Is Herc Holdings profitable? | Yes, Herc Holdings is EBITDA-positive (as of the last 12 months). |
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