HRI HERC HOLDINGS INC

Overview and Growth

In fiscal 2025, HERC HOLDINGS INC recorded $4.38B of revenue, net income of $1.00M, and an operating cash inflow of $1.08B. The $4.38B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line expanded 22.6% from $3.57B in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of $0.03, adding a shareholder-level measure to the absolute income figures considered below. Against diluted EPS of $7.40 in fiscal 2024, the current result was 99.6% lower. Total assets stood at $13.78B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Revenue equaled 0.32x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The bottom-line result was net income of $1.00M, after the operating, financing, tax, and other items recognized for the period. Net margin was 0.0%, meaning that this portion of revenue remained as net income after all recognized expenses. Pretax income was $1.00M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 0.0% of revenue, placing earnings before tax in the context of the company’s operating scale. The company recognized $0.00 of income tax for the period, completing the transition from pretax income to net income. The effective relationship between income tax and positive pretax income was 0.0%, without assuming a statutory-rate comparison. The relationship between net income and period-end equity was 0.1%, indicating the profitability achieved on book capital. The net-income-to-assets relationship measured 0.0%, showing earnings relative to the full balance sheet. Current net income of $1.00M was below fiscal 2024 net income of $211.00M, showing the direction of the bottom-line change.

Liquidity and Capital Structure

The company held $13.78B of assets against $11.83B of liabilities and $1.95B of equity, revealing how the asset base was financed. At period end, current assets of $956.00M compared with current liabilities of $730.00M, defining the company’s short-term resource position. At 1.31x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $52.00M in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 7.1% of current liabilities, showing how much near-term coverage came from cash alone. The liabilities-to-assets relationship was 85.9%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 0.4% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 74.9% from $7.88B in fiscal 2024, leaving current total assets higher year over year. Against $1.40B of equity in fiscal 2024, the current book-equity balance moved 39.5% and ended higher. The reported cash balance changed 37.3% from $83.00M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $1.08B, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 1085.0x of net income, showing how strongly accounting earnings converted into cash from operations. The cash-flow statement records $157.00M of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 14.5%, connecting investment intensity with the company’s cash-generation base. Free cash flow came to $928.00M, leaving a positive amount after capital expenditures. Relative to revenue, free cash flow equaled 21.2%, showing how much sales converted into cash after investment. Free cash flow equaled 6.7% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.