HRI
Herc Holdings Inc.
HRI's fundamentals are strong, but it looks expensive: trading at 43x earnings, more than twice its usual 18x. Analysts expect strong earnings growth.
HRI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Weak |
HRI's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is weak.
HRI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $44.73 | -73% |
| Forward | 16x | $167 | — |
| Fair | 18x | $70.08 | -58% |
| Expensive | 31x | $122 | -27% |
| Current | 43x | $167 | — |
Historical ranges are pointers, not guarantees.
HRI's PE is in its expensive range at 43x. If earnings grow as analysts expect, today's price would be 16x next year's earnings, in its fair range.
HRI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for HRI, with profitability improving.
HRI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $10.66 | +175% |
| Q3 2026 | $3.88 | +$6.41 |
| Q2 2026 | $1.68 | +98% |
| Q1 2026 | -$0.06 | -101% |
| Q4 2025 | $0.03 | -100% |
| Q3 2025 | -$2.53 | -121% |
| Q2 2025 | $0.85 | -93% |
| Q1 2025 | $4.48 | -63% |
| Q4 2024 | $7.40 | -39% |
HRI has returned to profit: it earned $3.88 per share over the past year, after losing money the year before.
HRI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +4.6% |
| Q2 2026 | $1.2B | +20% |
| Q1 2026 | $1.1B | +32% |
| Q4 2025 | $1.2B | +27% |
| Q3 2025 | $1.3B | +35% |
| Q2 2025 | $1B | +18% |
| Q1 2025 | $861M | +7.1% |
| Q4 2024 | $951M | +14% |
HRI's revenue has grown year over year for 23 quarters in a row: $1.4B last quarter, up 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.8% | +5.9 points |
| Q2 2026 | 2% | +6.6 points |
| Q1 2026 | -2% | -1.1 points |
| Q4 2025 | 1.4% | +5.9 points |
| Q3 2025 | 2.9% | -14 points |
| Q2 2025 | -4.6% | -16 points |
| Q1 2025 | -0.9% | -11 points |
| Q4 2024 | -4.5% | -30 points |
HRI's operating margin was 8.8% last quarter, up 5.9 points from the same quarter a year ago.
HRI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $335M | +6.3% |
| Q2 2026 | $273M | +41% |
| Q1 2026 | $236M | +71% |
| Q4 2025 | $281M | -5.4% |
| Q3 2025 | $315M | +13% |
| Q2 2025 | $194M | -30% |
| Q1 2025 | $138M | -34% |
| Q4 2024 | $297M | +800% |
HRI's free cash flow has been positive every quarter for seven years: $1.1B over the past year, up 19% from the year before.
HRI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.6% | +200K shares |
| 3 years | +18% | +5M shares |
| 5 years | +9.8% | +3M shares |
| Available history | +15% | +4.4M shares |
HRI has 34M diluted shares, up 0.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | $13M |
| Q3 2023 | — |
| Q2 2023 | $63M |
| Q1 2023 | $44M |
HRI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 18.3x | High |
| Q2 2026 | 22.5x | High |
| Q1 2026 | 31.8x | High |
| Q4 2025 | 35.5x | High |
| Q3 2025 | 65.6x | High |
| Q2 2025 | 39.3x | High |
| Q1 2025 | 12.0x | High |
| Q4 2024 | 9.6x | High |
HRI's net debt is about 18 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
HRI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.3 | Neutral |
| Stochastic | 73.8 | Neutral |
HRI's weekly RSI is 58 (neutral) and its Stochastic is 74 (neutral).
HRI PE vs Industrials Sector
| Metric | HRI | Sector median | Relative |
|---|---|---|---|
| PE | 43x | 24x | 79% above |
| PE % | 89 | 58 | 31 pts above |
HRI is trading at 43x earnings, a 79% premium to the Industrials sector's median of 24x.
HRI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $141.4 | 18% above |
| 20 week MA | $147.4 | 13% above |
| 50 week MA | $141.9 | 17% above |
| 100 week MA | $141.5 | 18% above |
| 200 week MA | $142.0 | 17% above |
HRI has climbed back above all five of its weekly moving averages, and it's now 17% above its 200-week average.
HRI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $49.1 | $66.6 | +35% |
| 2021 | $66.6 | $158.5 | +138% |
| 2022 | $158.5 | $129.5 | -18% |
| 2023 | $129.5 | $148.9 | +15% |
| 2024 | $148.9 | $189.6 | +27% |
| 2025 | $189.6 | $156.5 | -17% |
| 2026 YTD | $156.5 | $166.5 | +6.4% |
HRI has finished higher in four of the last six years. It's up 6.4% so far in 2026.