Last 7 days
-1.2%
Last 30 days
-2.6%
Last 90 days
-9.4%
Trailing 12 Months
17.5%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-12 | Silber Lawrence Harris | sold | -121,599 | 128 | -946 | president & ceo |
2023-09-11 | Silber Lawrence Harris | sold | -393,787 | 128 | -3,054 | president & ceo |
2023-06-15 | Cunningham Christian J | acquired | 593,935 | 33.19 | 17,895 | svp & chief hr officer |
2023-06-15 | Cunningham Christian J | sold | -1,249,350 | 125 | -9,973 | svp & chief hr officer |
2023-05-11 | CAMPBELL PATRICK D | acquired | 150,095 | 53.5479 | 2,803 | - |
2023-05-11 | Kelly Michael A | acquired | - | - | 1,301 | - |
2023-03-13 | Schumacher Mark Alan | acquired | - | - | 262 | vp, cao and controller |
2023-03-13 | Humphrey Mark | acquired | - | - | 978 | svp & chief financial officer |
2023-03-01 | Silber Lawrence Harris | acquired | 199,843 | 58.76 | 3,401 | president & ceo |
2023-03-01 | Silber Lawrence Harris | sold | -493,349 | 145 | -3,401 | president & ceo |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -48.54 | -1,599,000 | 2,590,000 | -% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -85.37 | -3,849 | 821 | -% |
2023-08-24 | Alberta Investment Management Corp | sold off | -100 | -597,633 | - | -% |
2023-08-23 | WOLVERINE TRADING, LLC | sold off | -100 | -899,000 | - | -% |
2023-08-22 | COMERICA BANK | new | - | - | - | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | new | - | 342,125 | 342,125 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | added | 8.82 | 1,047,470 | 4,454,330 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 19.7 | 164,397 | 538,590 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 47.89 | 675,000 | 1,543,000 | 0.01% |
2023-08-21 | JOHN G ULLMAN & ASSOCIATES INC | added | 5.44 | 865,374 | 4,108,370 | 0.63% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
May 05, 2023 | blackrock inc. | 10.3% | 2,936,591 | SC 13G/A | |
Mar 13, 2023 | icahn carl c | 1.95% | 568,437 | SC 13D/A | |
Mar 07, 2023 | icahn carl c | 2.37% | 690,726 | SC 13D/A | |
Feb 24, 2023 | icahn carl c | 2.99% | 871,689 | SC 13D/A | |
Feb 17, 2023 | icahn carl c | 3.49% | 1,015,548 | SC 13D/A | |
Feb 14, 2023 | alliancebernstein l.p. | 6.8% | 1,977,994 | SC 13G | |
Feb 09, 2023 | icahn carl c | 4.17% | 1,220,138 | SC 13D/A | |
Feb 09, 2023 | vanguard group inc | 8.26% | 2,415,578 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 5.8% | 1,711,088 | SC 13G/A | |
Jan 30, 2023 | gamco investors, inc. et al | 1.85% | 540,343 | SC 13D/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 13, 2023 | 4 | Insider Trading | |
Sep 11, 2023 | 144 | Notice of Insider Sale Intent | |
Sep 06, 2023 | 8-K | Current Report | |
Jul 25, 2023 | 8-K | Current Report | |
Jul 25, 2023 | 10-Q | Quarterly Report | |
Jun 20, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 138.2B | 64.8B | -1.12% | 66.85% | 16.54 | 2.13 | 19.88% | 23.71% |
GE | 134.2B | 62.5B | -1.82% | 71.00% | 596.62 | 1.75 | 10.18% | 328.56% |
GWW | 34.3B | 16.0B | -4.06% | 40.50% | 19.21 | 2.14 | 12.68% | 33.83% |
FAST | 31.1B | 7.2B | -4.72% | 15.90% | 27.7 | 4.3 | 10.22% | 8.91% |
URI | 29.9B | 13.2B | -2.54% | 68.34% | 13.07 | 2.27 | 23.61% | 30.69% |
MID-CAP | ||||||||
TRTN | 4.5B | 1.6B | -0.43% | 56.77% | 7.03 | 2.8 | -1.86% | -9.82% |
AL | 4.4B | 2.5B | -1.82% | 30.42% | 8.44 | 1.76 | 8.61% | 652.16% |
FTAI | 3.5B | 1.1B | -1.50% | 136.36% | -36.74 | 3.21 | 167.18% | 75.99% |
HRI | 3.4B | 3.1B | -2.57% | 17.55% | 9.9 | 1.1 | 31.53% | 24.39% |
WCC | - | 22.3B | -5.82% | 30.60% | - | - | 11.38% | 23.20% |
SMALL-CAP | ||||||||
HEES | 1.5B | 1.4B | -4.32% | 52.66% | 9.75 | 1.12 | 21.03% | 75.55% |
20.8%
18.5%
48.8%
83.8%
70.4%
56.5%
Y-axis is the maximum loss one would have experienced if Herc Holdings was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 5.6% | 3,073 | 2,911 | 2,739 | 2,531 | 2,336 | 2,187 | 2,073 | 2,016 | 1,922 | 1,799 | 1,781 | 1,801 | 1,852 | 1,960 | 1,999 | 2,003 | 2,011 | 2,021 | 1,977 | 1,925 | 1,866 |
S&GA Expenses | 3.3% | 441 | 427 | 410 | 387 | 357 | 334 | 311 | 291 | 270 | 253 | 257 | 261 | 276 | 293 | 295 | 303 | 306 | 309 | 311 | 305 | 311 |
EBITDA | -100.0% | - | 538 | 555 | 461 | 433 | 402 | 377 | 343 | 297 | 93.00 | 187 | -287 | -229 | -223 | -90.30 | 52.00 | -28.80 | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.18* | 0.20* | 0.18* | 0.19* | 0.18* | 0.18* | 0.17* | 0.15* | 0.05* | 0.10* | -0.16* | -0.12* | -0.11* | -0.05* | 0.03* | -0.01* | - | - | - | - |
Interest Expenses | -30.0% | 68.00 | 97.00 | 122 | 69.00 | 81.00 | 85.00 | 86.00 | 99.00 | 98.00 | 96.00 | 93.00 | -43.00 | 61.00 | 116 | 174 | 321 | 200 | 136 | 137 | -141 | -135 |
Earnings Before Taxes | 1.1% | 447 | 442 | 433 | 392 | 353 | 316 | 290 | 244 | 200 | 138 | 94.00 | 102 | 56.00 | 71.00 | 64.00 | 49.00 | 89.00 | 74.00 | 99.00 | 82.00 | 55.00 |
EBT Margin | -100.0% | - | 0.15* | 0.16* | 0.15* | 0.15* | 0.14* | 0.14* | 0.12* | 0.10* | 0.08* | 0.05* | 0.06* | 0.03* | 0.04* | 0.04* | 0.03* | 0.05* | - | - | - | - |
Net Income | 0.9% | 342 | 339 | 330 | 304 | 275 | 249 | 224 | 188 | 155 | 110 | 74.00 | 73.00 | 43.00 | 51.00 | 48.00 | 46.00 | 83.00 | 73.00 | 90.00 | 271 | 238 |
Net Income Margin | -100.0% | - | 0.12* | 0.12* | 0.12* | 0.12* | 0.11* | 0.11* | 0.09* | 0.08* | 0.06* | 0.04* | 0.04* | 0.02* | 0.03* | 0.02* | 0.02* | 0.04* | - | - | - | - |
Free Cashflow | -100.0% | - | 885 | 813 | 765 | 720 | 705 | 696 | 650 | 622 | 605 | 570 | 564 | 582 | 545 | 579 | 571 | 534 | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 6.7% | 6,695 | 6,276 | 5,957 | 5,684 | 5,310 | 4,718 | 4,490 | 4,133 | 3,683 | 3,576 | 3,588 | 3,662 | 3,712 | 3,767 | 3,817 | 3,903 | 3,802 | 3,666 | 3,610 | 3,771 | 3,730 |
Current Assets | 3.0% | 644 | 625 | 644 | 635 | 567 | 475 | 470 | 448 | 380 | 364 | 367 | 385 | 375 | 396 | 400 | 382 | 368 | 374 | 400 | 434 | 436 |
Cash Equivalents | -7.5% | 37.00 | 40.00 | 54.00 | 57.00 | 52.00 | 23.00 | 35.00 | 35.00 | 35.00 | 33.00 | 33.00 | 54.00 | 83.00 | 56.00 | 33.00 | 35.00 | 28.00 | 25.00 | 28.00 | 18.00 | 44.00 |
Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 18.00 | 20.00 | 21.00 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | 289 | 297 | 306 | 312 | 303 | 271 | 274 | 283 | 287 | 286 |
Goodwill | 7.0% | 492 | 460 | 419 | 379 | 326 | 273 | 232 | 151 | 108 | 101 | 101 | 94.00 | 94.00 | 94.00 | 94.00 | 91.00 | 91.00 | 91.00 | 91.00 | 91.00 | 91.00 |
Liabilities | 7.8% | 5,593 | 5,189 | 4,849 | 4,601 | 4,245 | 3,706 | 3,514 | 3,223 | 2,847 | 2,798 | 2,846 | 2,976 | 3,078 | 3,147 | 3,173 | 3,310 | 3,218 | 3,101 | 3,038 | 3,217 | 3,234 |
Current Liabilities | 10.5% | 655 | 593 | 604 | 584 | 528 | 463 | 530 | 427 | 392 | 323 | 328 | 302 | 311 | 299 | 323 | 396 | 458 | 336 | 299 | 382 | 519 |
Long Term Debt | 8.6% | 3,493 | 3,215 | 2,922 | 2,762 | 2,503 | 2,142 | 1,916 | 1,792 | 1,539 | 1,585 | 1,652 | 1,828 | 1,931 | 2,042 | 2,052 | 2,149 | 2,005 | 2,019 | 2,130 | 2,229 | 2,110 |
Shareholder's Equity | 1.4% | 1,102 | 1,087 | 1,108 | 1,083 | 1,065 | 1,011 | 977 | 909 | 835 | 778 | 742 | 687 | 634 | 620 | 644 | 593 | 584 | 566 | 573 | 554 | 495 |
Retained Earnings | 21.3% | 330 | 272 | 224 | 143 | 60.00 | 5.00 | -53.40 | -125 | -197 | -244 | -277 | -313 | -352 | -354 | -351 | -386 | -395 | -405 | -391 | -426 | -472 |
Additional Paid-In Capital | 0.4% | 1,808 | 1,801 | 1,820 | 1,812 | 1,802 | 1,797 | 1,822 | 1,831 | 1,825 | 1,819 | 1,818 | 1,807 | 1,800 | 1,798 | 1,797 | 1,789 | 1,786 | 1,781 | 1,778 | 1,774 | 1,770 |
Shares Outstanding | -1.7% | 28.00 | 29.00 | 29.00 | 29.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 29.00 | 28.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 6.4% | 1,074 | 1,009 | 917 | 864 | 775 | 752 | 744 | 690 | 658 | 644 | 611 | 618 | 643 | 606 | 636 | 625 | 599 | 561 | 559 | 471 | 456 |
Share Based Compensation | 0% | 25.00 | 25.00 | 27.00 | 25.00 | 22.00 | 24.00 | 23.00 | 24.00 | 24.00 | 19.00 | 16.00 | 17.00 | 16.00 | 19.00 | 20.00 | 16.00 | 15.00 | 15.00 | 13.00 | 13.00 | 12.00 |
Cashflow From Investing | 2.7% | -1,737 | -1,785 | -1,681 | -1,663 | -1,630 | -1,246 | -961 | -649 | -310 | -207 | -207 | -259 | -417 | -502 | -463 | -459 | -513 | -547 | -567 | -604 | -514 |
Cashflow From Financing | -18.3% | 649 | 794 | 784 | 822 | 874 | 484 | 220 | -61.00 | -399 | -463 | -406 | -340 | -170 | -71.70 | -167 | -148 | -101 | -31.00 | -4.20 | 127 | 82.00 |
Dividend Payments | 1.4% | 72.00 | 71.00 | 68.00 | 66.00 | 49.00 | 32.00 | 15.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | 31.8% | 228 | 173 | 115 | 59.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues: | ||||
Total revenues | $ 802 | $ 640 | $ 1,542 | $ 1,208 |
Expenses: | ||||
Direct operating | 282 | 248 | 563 | 474 |
Depreciation of rental equipment | 161 | 130 | 313 | 249 |
Cost of sales of rental equipment | 56 | 14 | 102 | 33 |
Cost of sales of new equipment, parts and supplies | 7 | 5 | 12 | 10 |
Selling, general and administrative | 111 | 97 | 217 | 186 |
Non-rental depreciation and amortization | 28 | 23 | 54 | 44 |
Interest expense, net | 54 | 25 | 102 | 48 |
Other expense (income), net | 0 | 0 | 1 | (1) |
Total expenses | 699 | 542 | 1,364 | 1,043 |
Income before income taxes | 103 | 98 | 178 | 165 |
Income tax provision | (27) | (25) | (35) | (34) |
Net income | $ 76 | $ 73 | $ 143 | $ 131 |
Weighted average shares outstanding: | ||||
Basic (in shares) | 28.4 | 29.8 | 28.7 | 29.8 |
Diluted (in shares) | 28.6 | 30.3 | 29.0 | 30.4 |
Earnings per share: | ||||
Basic (in USD per share) | $ 2.68 | $ 2.42 | $ 4.98 | $ 4.39 |
Diluted (in USD per share) | $ 2.66 | $ 2.38 | $ 4.93 | $ 4.30 |
Equipment rental | ||||
Revenues: | ||||
Total revenues | $ 702 | $ 605 | $ 1,356 | $ 1,132 |
Sales of rental equipment | ||||
Revenues: | ||||
Total revenues | 83 | 19 | 154 | 47 |
Sales of new equipment, parts and supplies | ||||
Revenues: | ||||
Total revenues | 10 | 9 | 18 | 17 |
Service and other revenue | ||||
Revenues: | ||||
Total revenues | $ 7 | $ 7 | $ 14 | $ 12 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 37 | $ 54 |
Receivables, net of allowances of $17 and $18, respectively | 541 | 523 |
Other current assets | 66 | 67 |
Total current assets | 644 | 644 |
Rental equipment, net | 3,957 | 3,485 |
Property and equipment, net | 445 | 392 |
Right-of-use lease assets | 641 | 552 |
Intangible assets, net | 468 | 431 |
Goodwill | 492 | 419 |
Other long-term assets | 48 | 34 |
Total assets | 6,695 | 5,957 |
LIABILITIES AND EQUITY | ||
Current maturities of long-term debt and financing obligations | 16 | 16 |
Current maturities of operating lease liabilities | 43 | 42 |
Accounts payable | 363 | 318 |
Accrued liabilities | 233 | 228 |
Total current liabilities | 655 | 604 |
Long-term debt, net | 3,493 | 2,922 |
Financing obligations, net | 106 | 108 |
Operating lease liabilities | 618 | 528 |
Deferred tax liabilities | 673 | 647 |
Other long term liabilities | 48 | 40 |
Total liabilities | 5,593 | 4,849 |
Commitments and contingencies (Note 12) | ||
Equity: | ||
Preferred stock, $0.01 par value, 13.3 shares authorized, no shares issued and outstanding | 0 | 0 |
Common stock, $0.01 par value, 133.3 shares authorized, 33.1 and 32.7 shares issued and 28.3 and 28.9 shares outstanding | 0 | 0 |
Additional paid-in capital | 1,808 | 1,820 |
Retained earnings | 330 | 224 |
Accumulated other comprehensive loss | (122) | (129) |
Treasury stock, at cost, 4.8 shares and 3.8 shares | (914) | (807) |
Total equity | 1,102 | 1,108 |
Total liabilities and equity | $ 6,695 | $ 5,957 |