Herc Holdings Inc. (HRI) financial statements (2021 and earlier)

Company profile

Business Address 27500 RIVERVIEW CENTER BLVD
BONITA SPRINGS, FL 34134
State of Incorp. DE
Fiscal Year End December 31
SIC 735 - Miscellaneous Equipment Rental And Leasing (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3333284212486490
Cash and cash equivalents3333284212486490
Receivables301307332386301  
Inventory, net of allowances, customer advances and progress billings  1824245167
Inventory  1824245167
Contract with customer, asset14  
Assets held-for-sale, not part of disposal group 31   135243
Other undisclosed current assets1929222335  
Total current assets:367400400475372672800
Noncurrent Assets
Finance lease, right-of-use asset4157
Operating lease, right-of-use asset256207
Property, plant and equipment2903122832862721,2481,322
Intangible assets, net (including goodwill)3963853853753955,1765,368
Goodwill101949191911,3541,359
Intangible assets, net (excluding goodwill)2962922942843043,8224,009
Other noncurrent assets1823383835  
Deferred tax assets, net 1   
Other undisclosed noncurrent assets2,2202,4332,5052,3752,390  
Total noncurrent assets:3,2213,4173,2103,0753,0926,4246,690
Other undisclosed assets     16,26216,495
TOTAL ASSETS:3,5883,8173,6103,5503,46323,35823,985
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities280262269265227  
Accounts payable126127147152139  
Accrued liabilities15413612211378  
Taxes payable    10  
Debt1630302516  
Accrued environmental loss contingencies 0     
Other undisclosed current liabilities3230     
Total current liabilities:328323299291243  
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,6522,0522,1302,1372,179  
Finance lease, liability2934
Operating lease, liability234182
Other undisclosed long-term debt and lease obligation1,3891,8352,1302,1372,179  
Liabilities, other than long-term debt51849844499724  
Deferred tax liabilities, net 463692  
Deferred income tax liabilities474459
Liability for uncertainty in income taxes   0   
Other liabilities4439443632  
Other undisclosed noncurrent liabilities349300565113   
Total noncurrent liabilities:2,5182,8502,7382,7492,903  
Other undisclosed liabilities     21,33921,521
Total liabilities:2,8463,1733,0383,0393,14621,33921,521
Stockholders' equity
Stockholders' equity attributable to parent, including:7426445735103182,7112,551
Common stock0000045
Treasury stock, value(692)(692)(692)(692)(692)(692)(87)
Additional paid in capital1,8181,7971,7781,7631,7533,3433,325
Accumulated other comprehensive loss(107)(110)(122)(99)(119)(245)(115)
Accumulated deficit(278)(351)(391)(462)(625)(391)(664)
Other undisclosed stockholders' equity attributable to parent     69287
Other undisclosed stockholders' equity     (692)(87)
Total stockholders' equity:7426445735103182,0192,464
TOTAL LIABILITIES AND EQUITY:3,5883,8173,6103,5503,46323,35823,985

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,7811,9991,9771,7551,55510,53511,046
Revenue, net1,7551,555583568
Operating lease, lease income1,544 
Operating leases, income statement, lease revenue1,658
Cost of revenue
(Cost of Goods and Services Sold)
(689)(771)(1,176)(761)(709)(8,510)(9,101)
Gross profit:1,0921,2288009938462,0251,945
Operating expenses(363)(413)(428)(454)(367)(1,045)(1,763)
Operating income:730815373539479980182
Nonoperating income (expense)(9)3122(19)55(152)
Gain (loss) on sale of leased assets, net, operating leases(5)012(1)(22)(76)(167)
Other nonoperating income (expense)(4)203213115
Interest and debt expense(93)(7)(1)(6)(6)(61)(58)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(534)(747)(315)(599)(459)(633)5
Income (loss) from continuing operations before equity method investments, income taxes:946469(64)(5)341(23)
Income from equity method investments 0222  
Other undisclosed loss from continuing operations before income taxes (0)(2)(2)(2)  
Income (loss) from continuing operations before income taxes:946469(64)(5)341(23)
Income tax expense (benefit)(20)(16)0225(15)(68)(59)
Net income (loss) available to common stockholders, diluted:744869160(20)273(82)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):744869160(20)273(82)
Other comprehensive income (loss)313(22)2017(130)(121)
Comprehensive income (loss), net of tax, attributable to parent:766048180(3)143(203)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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