OverviewSuggest Edit

Herc Rentals is a company that operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, concrete, masonry, pump, trucks and trailers, air compressors, climate control, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, industry-specific solution-based services, such as pumping solutions, power generation, floor care, and surface prep, climate control, remediation and restoration, and studio and production equipment.
TypePublic
Founded1965
HQBonita Springs, FL, US
Websitehercrentals.com
Employee Ratings3.7
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)4,800(-5%)
Job Openings526
Revenue (FY, 2020)$1.8 B(-10%)
Share Price (Sept 2021)$127(-3%)
Cybersecurity ratingAMore

Key People/Management at Herc Rentals

Patrick D. Campbell

Patrick D. Campbell

Chairman of the Board
Lawrence H. Silber

Lawrence H. Silber

President and Chief Executive Officer
Tamir Peres

Tamir Peres

Senior Vice President and Chief Information Officer
Mark Irion

Mark Irion

Senior Vice President and Chief Financial Officer
Christian J. Cunningham

Christian J. Cunningham

Senior Vice President and Chief Human Resources Officer
Wade Sheek

Wade Sheek

Senior Vice President, Chief Legal Officer and Secretary
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Herc Rentals Office Locations

Herc Rentals has offices in Bonita Springs, Albuquerque, Allentown, Anaheim and in 138 other locations
Bonita Springs, FL, US (HQ)
27500 Riverview Center Blvd
Albuquerque, NM, US
3601 Osuna Rd NE
Albuquerque, NM, US
531 Gallatin Pl NW
Allentown, PA, US
4950 Tilghman St
Anaheim, CA, US
3040 E Miraloma Ave
Apex, NC, US
2016 Lufkin Rd
Show all (150)

Herc Rentals Financials and Metrics

Herc Rentals Revenue

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View revenue for all periods
Herc Rentals's revenue was reported to be $1.78 b in FY, 2020
USD

Revenue (FY, 2020)

1.8b

Gross profit (FY, 2020)

1.1b

Gross profit margin (FY, 2020), %

61.3%

Net income (FY, 2020)

73.7m

Market capitalization (8-Sept-2021)

3.8b

Closing stock price (8-Sept-2021)

127.0
Herc Rentals's current market capitalization is $3.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.8b2.0b2.0b1.8b

Revenue growth, %

13%13%1%

Cost of goods sold

1.3b1.5b1.5b689.2m

Gross profit

422.5m518.3m542.3m1.1b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

431.3m485.5m516.2m475.7m475.1m508.1m436.2m368.0m456.7m

Cost of goods sold

340.3m375.4m354.4m380.8m349.8m344.3m337.1m280.8m322.0m

Gross profit

91.0m110.1m161.8m94.9m125.3m163.8m99.1m87.2m134.7m

Gross profit Margin, %

21%23%31%20%26%32%23%24%29%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

41.5m27.8m33.0m

Accounts Receivable

386.3m332.4m306.7m301.2m

Prepaid Expenses

32.9m

Inventories

23.7m17.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

43.0m44.0m18.0m24.5m27.9m34.5m55.8m83.2m53.8m

Accounts Receivable

347.0m350.3m373.5m316.4m308.4m316.4m288.8m247.0m293.3m

Inventories

22.2m20.7m20.2m

Current Assets

436.2m435.6m433.9m374.4m367.5m381.8m395.5m374.8m385.0m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

160.3m69.1m47.5m73.7m

Depreciation and Amortization

436.8m451.1m475.3m54.5m

Accounts Payable

(10.0m)(1.7m)(12.9m)(6.4m)

Cash From Operating Activities

341.7m559.1m635.6m610.9m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(10.1m)(10.4m)35.8m(6.7m)3.0m12.4m(3.7m)(1.7m)38.2m

Depreciation and Amortization

108.6m220.9m335.1m116.6m233.8m352.4m117.1m235.0m353.3m

Accounts Payable

(300.0k)10.6m(3.5m)(2.3m)11.7m(1.6m)(11.4m)(16.1m)(1.9m)

Cash From Operating Activities

129.2m232.9m375.0m131.2m272.6m441.2m101.5m280.4m424.0m
USDFY, 2017

Revenue/Employee

358.1k

Debt/Equity

4.2 x

Debt/Assets

0.6 x

Financial Leverage

7 x
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Herc Rentals Operating Metrics

FY, 2017FY, 2018FY, 2019Oct, 2020

Equipment Classes

101010

Solutions

12
Show all operating metrics

Herc Rentals Acquisitions / Subsidiaries

Company NameDateDeal Size
24/7 Studio EquipmentDecember 10, 2010
Cinelease Holdings, Inc.
Cinelease, Inc.
Cinelease, LLC
Herc Build, LLC
Herc Intermediate Holdings, LLC
Herc Investors, LLC
Herc Management Services LLC
Herc Purchasing LLC
Herc Receivables U.S. LLC
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Herc Rentals Revenue Breakdown

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Herc Rentals revenue breakdown by business segment: 12.1% from Sales of Rental Equipment, 85.1% from Equipment Rental and 2.7% from Other

Herc Rentals revenue breakdown by geographic segment: 89.9% from United States and 10.1% from International

Herc Rentals Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Herc Rentals Online and Social Media Presence

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Herc Rentals Company Culture

  • Overall Culture

    C

    70/100

  • CEO Rating

    C

    70/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Herc Rentals News and Updates

Herc Holdings Announces Fourth Quarter and Full Year 2020 Earnings Call and Webcast Date

Herc Holdings Inc. (NYSE: HRI) will host its fourth quarter and full year 2020 earnings call and webcast on Thursday, February 18, 2021, at 8:30 a.m. U.S. Eastern Time. The Company plans to issue a press release with the financial results on the same day prior to the call

Herc Holdings Acquires Houston-based Champion Rentals

Herc Holdings Inc. (NYSE: HRI), a leading North American equipment rental supplier operating as Herc Rentals Inc., announced today that it has acquired substantially all the assets of Houston-based Champion Rentals, Inc. (Champion). Terms were not disclosed

Herc Holdings Reports 2020 Third Quarter and Nine Months Results

– Equipment rental revenue was $402.3 million and total revenues were $456.7 million – Net income was $39.9 million, or $1.35 per diluted share – Adjusted EBITDA was $196.7 million; adjusted EBITDA margin improved 190 bps to 43.1% – Full year 2020 adjusted EBITDA guidance was raised to a ra…

Herc Holdings Announces Third Quarter 2020 Earnings Call and Webcast Date

Herc Holdings Inc. (NYSE: HRI) will host its third quarter and year-to-date 2020 earnings call and webcast on Thursday, October 22, 2020, at 8:30 a.m. U.S. Eastern Time. The Company plans to issue a press release with the financial results on the same day prior to the call.

Herc Rentals Blogs

Preparing for Hurricanes Now Will Save You Later

During hurricane season, there is no such thing as being over-prepared for a storm. ... Read more The post Preparing for Hurricanes Now Will Save You Later appeared first on Herc Rentals Blog.

Herc Rentals’ Support of Veterans, Reservists and the Guard Earns Another Round of Recognition from U.S. Department of Defense

The United States Department of Defense continues to salute Herc Rentals as a Military Friendly® company ... Read more The post Herc Rentals’ Support of Veterans, Reservists and the Guard Earns Another Round of Recognition from U.S. Department of Defense appeared first on Herc Rentals Blog.

Safe Driving Tips from Our Drivers and Field Service Techs to Yours

National Safety Month is the Ideal Time to Review the Vital Importance of Driving Safely ... Read more The post Safe Driving Tips from Our Drivers and Field Service Techs to Yours appeared first on Herc Rentals Blog.

Safe Driving Tips for Sales Professionals

For National Safety Month, Herc Rentals Takes It to the Streets by Offering Safe Driving Guidelines to Sales Pros Everywhere ... Read more The post Safe Driving Tips for Sales Professionals appeared first on Herc Rentals Blog.

Keeping a Safe Worksite All Summer Long

The summer is the time of year for numerous construction projects ... Read more The post Keeping a Safe Worksite All Summer Long appeared first on Herc Rentals Blog.

Don’t Let Mold Grow Into a Major Problem

Old Buildings, College Campuses Among Structures Susceptible to Mold Growth ... Read more The post Don’t Let Mold Grow Into a Major Problem appeared first on Herc Rentals Blog.
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Herc Rentals Frequently Asked Questions

  • When was Herc Rentals founded?

    Herc Rentals was founded in 1965.

  • Who are Herc Rentals key executives?

    Herc Rentals's key executives are Patrick D. Campbell, Lawrence H. Silber and Tamir Peres.

  • How many employees does Herc Rentals have?

    Herc Rentals has 4,800 employees.

  • What is Herc Rentals revenue?

    Latest Herc Rentals annual revenue is $1.8 b.

  • What is Herc Rentals revenue per employee?

    Latest Herc Rentals revenue per employee is $371.1 k.

  • Who are Herc Rentals competitors?

    Competitors of Herc Rentals include Ashtead Group, Coates Hire and McGrath RentCorp.

  • Where is Herc Rentals headquarters?

    Herc Rentals headquarters is located at 27500 Riverview Center Blvd, Bonita Springs.

  • Where are Herc Rentals offices?

    Herc Rentals has offices in Bonita Springs, Albuquerque, Allentown, Anaheim and in 138 other locations.

  • How many offices does Herc Rentals have?

    Herc Rentals has 150 offices.