Herc Holdings, Inc. (HRI)
NYSEIndustrialsRental & Leasing ServicesSnapshot 2026-11-04
$158.41-6.82%
Close 2026-11-04 · 1-day change
NYSEIndustrialsRental & Leasing ServicesSnapshot 2026-11-04
QuarterlyIQ Insights · HRI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-11-04.
The screen ranks HRI against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 61% for the rest of the cohort, n=9285).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
“Revenue synergies from H&E were an increasing contributor in the quarter, consistent with the second-half weighting we previously outlined, as new specialty branches continued to ramp and we advance…
Stated in 3 of 3 supplied quarters. Management reported: “Document Herc Holdings Reports Third Quarter 2026 Results Increases 2026 Full Year Guidance Third Quarter 2026 Highlights – Record equipment rental revenue of $1,254 million increased 12% – Record total revenues of $1,364 million increased 5% – Net income of $104 million, or $3.10 per diluted share, and adjusted net income of $131 million, or $3.91 per diluted share – Record adjusted EBITDA of $603 million increased 9% with adjusted EBITDA margin up 190 bps Bonita Springs, Fla., October 27, 2026 -- Herc Holdings Inc. (NYSE: HRI) ("Herc Holdings" or the "Company") today reported financial results for the quarter ended September 30, 2026.”
““Revenue synergies from H&E were an increasing contributor in the quarter, consistent with the second-half weighting we previously outlined, as new specialty branches continued to ramp and we advance…”
““Our growth continues to be led by national accounts, fueled by robust mega project activity and a higher mix of specialty equipment rentals,” said Silber.”
“"The demand environment remains constructive — local markets are stable and national account activity is strong, fueled by continued mega project growth.”
The decrease as a percent of equipment rental revenue is due to continued focus on improving operating leverage, including acquisition cost synergies, while expanding revenues.
Stated in 3 of 3 supplied quarters. Management reported: “The decrease as a percent of equipment rental revenue is due to continued focus on improving operating leverage, including acquisition cost synergies, while expanding revenues.” ““Revenue synergies and cost synergies are tracking to plan.”
“The decrease as a percent of equipment rental revenue is due to continued focus on improving operating leverage, including acquisition cost synergies, while expanding revenues.”
Disciplined Capital Management • The Company opened 2 previously planned greenfield locations in the third quarter.
Stated in 3 of 3 supplied quarters. Management reported: “Disciplined Capital Management • The Company opened 2 previously planned greenfield locations in the third quarter.” “• Net debt was $8.0 billion as of September 30, 2026, with net leverage of 3.90x compared to $8.2 billion and 3.84x 1 in the same prior-year period.”
“Disciplined Capital Management • The Company opened 2 previously planned greenfield locations in the third quarter.”
Execute the H&E integration and three-year synergy plan, including branch optimization, cross-selling, and broader fleet access.
Capture construction and mega-project demand through national accounts, specialty rentals, acquisitions, greenfields, and cross-selling the diversified product portfolio.
Over the trailing year it converted 8.58x of net income into operating cash flow. Historically, Industrials names rated robust grew net income 59% of the time over the next year (vs 55% for the rest of the cohort, n=5006).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
18 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=8936).
Not investment advice. As of 2026-11-04.
“The decrease as a percent of equipment rental revenue primarily was related to continued focus on improving operating leverage, including acquisition cost synergies, while expanding revenues.”
“The decrease as a percent of equipment rental revenue primarily was related to continued focus on improving operating leverage, including acquisition cost synergies, while expanding revenues.”
“Disciplined Capital Management • The Company opened 3 previously planned greenfield locations in the first half of 2026.”
“Disciplined Capital Management • The Company opened 3 previously planned greenfield locations in the first quarter of 2026.”