Herc Holdings Inc. (HRI) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments353333284212486
Cash and cash equivalents353333284212486
Receivables388301307332386301 
Inventory, net of allowances, customer advances and progress billings   18242451
Inventory   18242451
Contract with customer, asset1114  
Assets held-for-sale, not part of disposal group  31   135
Other undisclosed current assets351929222335 
Total current assets:470367400400475372672
Noncurrent Assets
Finance lease, right-of-use asset524157
Operating lease, right-of-use asset414256207
Property, plant and equipment3082903122832862721,248
Intangible assets, net (including goodwill)6203963853853753955,176
Goodwill232101949191911,354
Intangible assets, net (excluding goodwill)3892962922942843043,822
Other noncurrent assets131823383835 
Deferred tax assets, net 1  
Other undisclosed noncurrent assets2,6132,2202,4332,5052,3752,390 
Total noncurrent assets:4,0213,2213,4173,2103,0753,0926,424
Other undisclosed assets      16,262
TOTAL ASSETS:4,4903,5883,8173,6103,5503,46323,358
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities476280262269265227 
Accounts payable281126127147152139 
Accrued liabilities19515413612211378 
Taxes payable     10 
Debt151630302516 
Accrued environmental loss contingencies  0    
Other undisclosed current liabilities393230    
Total current liabilities:530328323299291243 
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,9161,6522,0522,1302,1372,179 
Finance lease, liability412934
Operating lease, liability387234182
Other undisclosed long-term debt and lease obligation1,4881,3891,8352,1302,1372,179 
Liabilities, other than long-term debt56951849844499724 
Deferred tax liabilities, net 463692 
Deferred income tax liabilities537474459
Liability for uncertainty in income taxes    0  
Other liabilities324439443632 
Other undisclosed noncurrent liabilities499349300565113  
Total noncurrent liabilities:2,9842,5182,8502,7382,7492,903 
Other undisclosed liabilities      21,339
Total liabilities:3,5142,8463,1733,0383,0393,14621,339
Stockholders' equity
Stockholders' equity attributable to parent, including:9777426445735103182,711
Common stock0000004
Treasury stock, value(692)(692)(692)(692)(692)(692)(692)
Additional paid in capital1,8221,8181,7971,7781,7631,7533,343
Accumulated other comprehensive loss(100)(107)(110)(122)(99)(119)(245)
Accumulated deficit(53)(278)(351)(391)(462)(625)(391)
Other undisclosed stockholders' equity attributable to parent      692
Other undisclosed stockholders' equity      (692)
Total stockholders' equity:9777426445735103182,019
TOTAL LIABILITIES AND EQUITY:4,4903,5883,8173,6103,5503,46323,358

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues2,0731,7811,9991,9771,7551,55510,535
Revenue, net1,7551,555583
Operating lease, lease income1,9101,544 
Operating leases, income statement, lease revenue1,658
Cost of revenue
(Cost of Goods and Services Sold)
(850)(689)(771)(1,176)(761)(709)(8,510)
Gross profit:1,2231,0921,2288009938462,025
Operating expenses(314)(363)(413)(428)(454)(367)(1,045)
Operating income:909730815373539479980
Nonoperating income (expense)2(9)3122(19)55
Gain (loss) on sale of leased assets, net, operating leases (5)012(1)(22)(76)
Other nonoperating income (expense)2(4)2032131
Interest and debt expense(86)(93)(7)(1)(6)(6)(61)
Other undisclosed loss from continuing operations before equity method investments, income taxes (534)(747)(315)(599)(459)(633)
Income (loss) from continuing operations before equity method investments, income taxes:825946469(64)(5)341
Income from equity method investments  0222 
Other undisclosed loss from continuing operations before income taxes(534) (0)(2)(2)(2) 
Income (loss) from continuing operations before income taxes:290946469(64)(5)341
Income tax expense (benefit)(66)(20)(16)0225(15)(68)
Net income (loss) available to common stockholders, diluted:224744869160(20)273

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):224744869160(20)273
Other comprehensive income (loss)7313(22)2017(130)
Comprehensive income (loss), net of tax, attributable to parent:231766048180(3)143

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: