OverviewSuggest Edit

H&E Equipment Services operates as an integrated equipment services company. It rents, sells, and provides parts and support services for hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks as well as heavy construction and industrial equipment. The company also offers ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers.

TypePublic
Founded1961
HQBaton Rouge, LA, US
Websitehe-equipment.com
Employee Ratings2.3
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)2,254(-7%)
Job Openings195
Revenue (FY, 2020)$1.2 B(-13%)
Share Price (Jun 2021)$34.3(-1%)
Cybersecurity ratingBMore

Key People/Management at H&E Equipment Services

Bradley W. Barber

Bradley W. Barber

Chief Executive Officer and Director
Leslie S. Magee

Leslie S. Magee

Chief Financial Officer and Secretary
John M. Engquist

John M. Engquist

President and Chief Operating Officer
Paul N. Arnold

Paul N. Arnold

Director
Gary W. Bagley

Gary W. Bagley

Director
Show more

H&E Equipment Services Office Locations

H&E Equipment Services has offices in Baton Rouge, Aledo, Colorado Springs, Midland and in 5 other locations
Baton Rouge, LA, US (HQ)
7500 Pecue Ln
Aledo, TX, US
104 BPR Ln
Colorado Springs, CO, US
2401 Steel Dr
Midland, TX, US
10608 W County Rd 150
Round Rock, TX, US
104 Benelli Dr
San Diego, CA, US
6006 Miramar Rd
Show all (9)

H&E Equipment Services Financials and Metrics

H&E Equipment Services Revenue

H&E Equipment Services's revenue was reported to be $1.17 b in FY, 2020
USD

Revenue (FY, 2020)

1.2b

Gross profit (FY, 2020)

402.6m

Gross profit margin (FY, 2020), %

34.4%

Net income (FY, 2020)

(32.7m)

EBIT (FY, 2020)

61.8m

Market capitalization (9-Jun-2021)

1.2b

Closing stock price (9-Jun-2021)

34.3

Cash (31-Dec-2020)

310.9m

EV

1.1b
H&E Equipment Services's current market capitalization is $1.2 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

720.6m837.3m987.8m1.1b1.0b978.1m1.0b1.2b1.3b1.2b

Revenue growth, %

10%(5%)(6%)5%

Cost of goods sold

527.8m580.0m742.5m694.1m642.5m670.1m800.4m849.2m766.5m

Gross profit

192.7m257.3m347.9m345.7m335.6m359.9m438.5m499.2m402.6m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

184.3m184.3m173.7m209.0m204.5m212.4m245.3m270.4m237.2m280.4m275.0m227.4m262.4m276.9m247.0m242.1m244.7m226.8m249.4m259.2m260.5m570.8m322.1m313.6m333.6m353.0m285.9m278.3m289.3m

Cost of goods sold

136.5m130.5m121.0m144.8m137.6m147.9m169.9m190.1m164.4m191.3m184.0m151.1m176.0m184.0m165.9m160.4m156.6m149.2m162.0m165.1m167.9m370.2m207.4m199.9m208.8m220.9m180.4m186.3m190.2m

Gross profit

47.8m53.7m52.7m64.2m66.9m64.5m75.4m80.3m72.8m89.1m91.1m76.3m86.4m92.8m81.1m81.7m88.1m77.7m87.3m94.0m92.6m200.7m114.7m113.7m124.8m132.1m105.5m92.1m99.1m

Gross profit Margin, %

26%29%30%31%33%30%31%30%31%32%33%34%33%34%33%34%36%34%35%36%36%35%36%36%37%37%37%33%34%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

24.2m8.9m17.6m15.9m7.2m7.7m165.9m16.7m14.2m310.9m

Accounts Receivable

4.0k140.0m176.1m201.6m192.2m178.9m

Prepaid Expenses

5.2m5.2m7.5m9.2m10.5m10.3m10.4m

Inventories

80.0m53.9m75.0m104.6m85.5m72.5m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

5.7m4.9m2.9m3.7m3.3m3.0m4.2m6.7m5.0m6.1m5.3m4.6m11.9m9.2m4.7m10.4m7.0m5.0m7.0m6.2m38.1m9.6m5.1m6.4m6.7m10.6m12.4m6.3m12.0m

Accounts Receivable

132.1m133.9m191.3m188.3m200.0m205.2m169.4m146.5m167.6m

Prepaid Expenses

8.2m5.5m6.0m5.5m5.1m7.2m8.4m9.4m12.6m13.5m13.6m17.4m18.8m11.6m

Inventories

153.5m142.2m113.3m142.4m127.8m106.7m106.2m79.5m72.9m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

8.9m28.8m44.1m55.1m44.3m37.2m109.7m76.6m87.2m(32.7m)

Depreciation and Amortization

362.0k66.0k24.4m27.3m23.8m27.9m32.6m33.3m

Inventories

(21.6m)(43.1m)(68.0m)(67.0m)(14.5m)4.3m(31.8m)(48.2m)(19.6m)(9.5m)

Accounts Payable

4.6m(26.9m)31.7m(14.4m)13.4m(27.3m)50.3m7.0m(43.4m)31.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(3.8m)1.1m4.0m14.4m18.1m4.8m15.6m14.0m7.4m15.7m15.3m6.1m11.5m14.8m5.6m7.5m11.7m5.4m15.3m23.7m9.5m30.2m51.6m14.2m36.9m65.3m(37.0m)(28.2m)(18.0m)

Depreciation and Amortization

247.0k337.0k25.0k50.0k66.0k12.1m18.1m20.8m7.4m15.7m23.9m8.4m16.8m25.3m

Inventories

(30.0m)(33.0m)(63.9m)(70.1m)(72.3m)(93.5m)(94.6m)(49.6m)(38.9m)(88.7m)(103.6m)(56.4m)(58.1m)(56.0m)(39.6m)(33.4m)(12.4m)(7.7m)

Accounts Payable

(3.9m)1.6m26.3m18.4m12.7m61.4m40.7m95.2m89.9m72.9m63.8m53.9m66.4m89.1m48.2m74.9m41.6m42.1m45.4m59.7m(10.1m)13.5m16.6m(16.9m)9.5m14.1m11.5m
USDQ2, 2011

Financial Leverage

2.9 x
Show all financial metrics

H&E Equipment Services Revenue Breakdown

Embed Graph

H&E Equipment Services revenue breakdown by business segment: 49.9% from Equipment Rentals, 6.5% from Services Revenues, 11.2% from Parts Sales, 21.2% from New Equipment Sales and 11.2% from Used Equipment Sales

H&E Equipment Services Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

H&E Equipment Services Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

H&E Equipment Services Online and Social Media Presence

Embed Graph

H&E Equipment Services Company Culture

  • Overall Culture

    C

    67/100

  • CEO Rating

    B

    70/100

  • Compensation

    A+

    91/100

Learn more on Comparably

H&E Equipment Services News and Updates

H&E Equipment Services Announces 2021 First Quarter Earnings and Conference Call Date

BATON ROUGE, La., April 20, 2021 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2021 first quarter financial results before the market on Tuesday, April 27, 2021.  The Company will also hold a conference call to discuss first quarter re…

H&E Equipment Services Announces 2020 Fourth Quarter Earnings and Conference Call Date

BATON ROUGE, La., Feb. 03, 2021 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2020 fourth quarter financial results before the market on Wednesday, February 17, 2021.  The Company will also hold a conference call to discuss fourth quar…

H&E Equipment Services Announces 2020 Third Quarter Earnings and Conference Call Date

BATON ROUGE, La., Oct. 21, 2020 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2020 third quarter financial results before the market on Wednesday, October 28, 2020.  The Company will also hold a conference call to discuss third quarter…

H&E Equipment Services Announces 2019 Second Quarter Earnings and Conference Call Date

BATON ROUGE, La., July 18, 2019 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2019 second quarter financial results before the market on Thursday, July 25, 2019.  The Company will also hold a conference call to discuss second quarter r…

H&E Equipment Services Announces 2018 Third Quarter Earnings and Conference Call Date

BATON ROUGE, La., Oct. 11, 2018 (GLOBE NEWSWIRE) -- H&E Equipment Services, Inc. (NASDAQ: HEES) today announced that it will release its 2018 third quarter financial results before the market on Thursday, October 25, 2018.  The Company will also hold a conference call to discuss third quarter …

H&E Equipment Services Frequently Asked Questions

  • When was H&E Equipment Services founded?

    H&E Equipment Services was founded in 1961.

  • Who are H&E Equipment Services key executives?

    H&E Equipment Services's key executives are Bradley W. Barber, Leslie S. Magee and John M. Engquist.

  • How many employees does H&E Equipment Services have?

    H&E Equipment Services has 2,254 employees.

  • What is H&E Equipment Services revenue?

    Latest H&E Equipment Services annual revenue is $1.2 b.

  • What is H&E Equipment Services revenue per employee?

    Latest H&E Equipment Services revenue per employee is $518.7 k.

  • Who are H&E Equipment Services competitors?

    Competitors of H&E Equipment Services include Caterpillar, Komatsu and Volvo Construction Equipment.

  • Where is H&E Equipment Services headquarters?

    H&E Equipment Services headquarters is located at 7500 Pecue Ln, Baton Rouge.

  • Where are H&E Equipment Services offices?

    H&E Equipment Services has offices in Baton Rouge, Aledo, Colorado Springs, Midland and in 5 other locations.

  • How many offices does H&E Equipment Services have?

    H&E Equipment Services has 9 offices.