Snapshot

Income statement snapshot

HERC HOLDINGS INC.'s top line, gross profit, pretax income, and bottom-line conversion. Values in USD millions.

Revenue

+20.5%

$4.4B

Compound growth, FY2021 to FY2025

Gross profit

FY2025

N/A

Latest annual filing, FY2025

Pretax Income

-75.8%

$1M

Compound growth, FY2021 to FY2025

Net income

-74.2%

$1M

Compound growth, FY2021 to FY2025

Headline results

Four lines, five fiscal years, straight from the filings.

Revenue$4,376

Gross profitN/A

Pretax Income$1

Net income$1

Filing10-K

HERC HOLDINGS INC. headline income statement
Metric	2025	2024	2023	2022	2021
Revenue	$4,376	$3,568	$3,282	$2,740	$2,073
Gross profit	N/A	N/A	N/A	N/A	N/A
Pretax Income	$1	$291	$447	$434	$291
Net income	$1	$211	$347	$330	$224
Filing	10-K	10-K	10-K	10-K	10-K

Trend

The same four lines drawn across the window.

All values shown in USD millions unless noted otherwise.

Line items

Expanded line items

The full annual income statement layer for HERC HOLDINGS INC., from revenue down to share counts.

Statement basis

USD millions, except per-share and share-count rows.

Total revenue$4,376

Selling, general & administrative$564

Pretax Income$1

Interest expenseN/A

Other non-operating income (expense)-$6

Income tax expense (benefit)$0

Net income$1

Basic EPS$0.03

Diluted EPS$0.03

Basic average shares31.3M

Diluted average shares31.4M

Filing10-K

HERC HOLDINGS INC. expanded income statement
Line item	2025	2024	2023	2022	2021
Total revenue	$4,376	$3,568	$3,282	$2,740	$2,073
Selling, general & administrative	$564	$469	$440	$411	$310
Pretax Income	$1	$291	$447	$434	$291
Interest expense	N/A	N/A	N/A	$122	$86
Other non-operating income (expense)	-$6	$2	$8	-$3	-$1
Income tax expense (benefit)	$0	$80	$100	$104	$67
Net income	$1	$211	$347	$330	$224
Basic EPS	$0.03	$7.43	$12.18	$11.15	$7.57
Diluted EPS	$0.03	$7.40	$12.09	$10.92	$7.37
Basic average shares	31.3M	28.4M	28.5M	29.6M	29.6M
Diluted average shares	31.4M	28.5M	28.7M	30.2M	30.4M
Filing	10-K	10-K	10-K	10-K	10-K

Expanded annual statement lines sourced from the SEC EDGAR database for HERC HOLDINGS INC..

Margins

Profitability conversion

How much of HERC HOLDINGS INC.'s revenue survives through gross profit, pretax income, and net income.

Gross margin

N/A

FY2025, versus FY2021

Pretax Margin

-1401 bps

0.0%

FY2025, versus FY2021

Net income margin

-1078 bps

0.0%

FY2025, versus FY2021

Observation window

years

FY2021 through FY2025

Margin table

Side-by-side read of gross, operating and net margin.

Gross marginN/A

Pretax Margin0.0%

Net income margin0.0%

Filing10-K

Margin trend

The shape of profitability across the window.

Margins are calculated from annual SEC facts using reported revenue as the denominator.

Year on year

Annual momentum

Every headline line of HERC HOLDINGS INC.'s statement measured against the immediately prior period.

Revenue YoY

FY2024

+22.6%

FY2025 versus FY2024

Gross profit YoY

FY2024

N/A

FY2025 versus FY2024

Pretax Income YoY

FY2024

-99.7%

FY2025 versus FY2024

Net income YoY

FY2024

-99.5%

FY2025 versus FY2024

Year-on-year table

Contractions are tinted so slowdowns are obvious.

Revenue growth+22.6%

Gross profit growthN/A

Pretax Income Growth-99.7%

Net income growth-99.5%

Filing10-K

HERC HOLDINGS INC. year-on-year change
Metric	2025	2024	2023	2022	2021
Revenue growth	+22.6%	+8.7%	+19.8%	+32.2%	N/A
Gross profit growth	N/A	N/A	N/A	N/A	N/A
Pretax Income Growth	-99.7%	-34.9%	+3.0%	+49.1%	N/A
Net income growth	-99.5%	-39.2%	+5.2%	+47.3%	N/A
Filing	10-K	10-K	10-K	10-K	10-K

Momentum

Whether the business is accelerating or rolling over.

Year-on-year change compares each annual period against the immediately prior year inside the selected window.

Compound growth

Through-cycle growth

Compounded annual growth from FY2021 to FY2025, which filters out one-year noise.

Revenue CAGR

4yr

+20.5%

FY2021 to FY2025

Gross profit CAGR

4yr

N/A

FY2021 to FY2025

Pretax Income CAGR

4yr

-75.8%

FY2021 to FY2025

Net income CAGR

4yr

-74.2%

FY2021 to FY2025

Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.

Snapshot

Income statement snapshot

HERC HOLDINGS INC.'s top line, gross profit, pretax income, and bottom-line conversion. Values in USD millions.

Revenue

+20.5%

$4.4B

Compound growth, FY2021 to FY2025

Gross profit

FY2025

N/A

Latest annual filing, FY2025

Pretax Income

-75.8%

$1M

Compound growth, FY2021 to FY2025

Net income

-74.2%

$1M

Compound growth, FY2021 to FY2025

Headline results

Four lines, five fiscal years, straight from the filings.

Revenue$4,376

Gross profitN/A

Pretax Income$1

Net income$1

Filing10-K

HERC HOLDINGS INC. headline income statement
Metric	2025	2024	2023	2022	2021
Revenue	$4,376	$3,568	$3,282	$2,740	$2,073
Gross profit	N/A	N/A	N/A	N/A	N/A
Pretax Income	$1	$291	$447	$434	$291
Net income	$1	$211	$347	$330	$224
Filing	10-K	10-K	10-K	10-K	10-K

Trend

The same four lines drawn across the window.

All values shown in USD millions unless noted otherwise.

Line items

Expanded line items

The full annual income statement layer for HERC HOLDINGS INC., from revenue down to share counts.

Statement basis

USD millions, except per-share and share-count rows.

Total revenue$4,376

Selling, general & administrative$564

Pretax Income$1

Interest expenseN/A

Other non-operating income (expense)-$6

Income tax expense (benefit)$0

Net income$1

Basic EPS$0.03

Diluted EPS$0.03

Basic average shares31.3M

Diluted average shares31.4M

Filing10-K

HERC HOLDINGS INC. expanded income statement
Line item	2025	2024	2023	2022	2021
Total revenue	$4,376	$3,568	$3,282	$2,740	$2,073
Selling, general & administrative	$564	$469	$440	$411	$310
Pretax Income	$1	$291	$447	$434	$291
Interest expense	N/A	N/A	N/A	$122	$86
Other non-operating income (expense)	-$6	$2	$8	-$3	-$1
Income tax expense (benefit)	$0	$80	$100	$104	$67
Net income	$1	$211	$347	$330	$224
Basic EPS	$0.03	$7.43	$12.18	$11.15	$7.57
Diluted EPS	$0.03	$7.40	$12.09	$10.92	$7.37
Basic average shares	31.3M	28.4M	28.5M	29.6M	29.6M
Diluted average shares	31.4M	28.5M	28.7M	30.2M	30.4M
Filing	10-K	10-K	10-K	10-K	10-K

Expanded annual statement lines sourced from the SEC EDGAR database for HERC HOLDINGS INC..

Margins

Profitability conversion

How much of HERC HOLDINGS INC.'s revenue survives through gross profit, pretax income, and net income.

Gross margin

N/A

FY2025, versus FY2021

Pretax Margin

-1401 bps

0.0%

FY2025, versus FY2021

Net income margin

-1078 bps

0.0%

FY2025, versus FY2021

Observation window

years

FY2021 through FY2025

Margin table

Side-by-side read of gross, operating and net margin.

Gross marginN/A

Pretax Margin0.0%

Net income margin0.0%

Filing10-K

Margin trend

The shape of profitability across the window.

Margins are calculated from annual SEC facts using reported revenue as the denominator.

Year on year

Annual momentum

Every headline line of HERC HOLDINGS INC.'s statement measured against the immediately prior period.

Revenue YoY

FY2024

+22.6%

FY2025 versus FY2024

Gross profit YoY

FY2024

N/A

FY2025 versus FY2024

Pretax Income YoY

FY2024

-99.7%

FY2025 versus FY2024

Net income YoY

FY2024

-99.5%

FY2025 versus FY2024

Year-on-year table

Contractions are tinted so slowdowns are obvious.

Revenue growth+22.6%

Gross profit growthN/A

Pretax Income Growth-99.7%

Net income growth-99.5%

Filing10-K

HERC HOLDINGS INC. year-on-year change
Metric	2025	2024	2023	2022	2021
Revenue growth	+22.6%	+8.7%	+19.8%	+32.2%	N/A
Gross profit growth	N/A	N/A	N/A	N/A	N/A
Pretax Income Growth	-99.7%	-34.9%	+3.0%	+49.1%	N/A
Net income growth	-99.5%	-39.2%	+5.2%	+47.3%	N/A
Filing	10-K	10-K	10-K	10-K	10-K

Momentum

Whether the business is accelerating or rolling over.

Year-on-year change compares each annual period against the immediately prior year inside the selected window.

Compound growth

Through-cycle growth

Compounded annual growth from FY2021 to FY2025, which filters out one-year noise.

Revenue CAGR

4yr

+20.5%

FY2021 to FY2025

Gross profit CAGR

4yr

N/A

FY2021 to FY2025

Pretax Income CAGR

4yr

-75.8%

FY2021 to FY2025

Net income CAGR

4yr

-74.2%

FY2021 to FY2025

Compound rates use the first and last reported year in the window, so a gap in either endpoint suppresses the figure.

Commentary

Commentary on HERC HOLDINGS INC. performance

A written read of the filing-backed figures above. The statement itself remains the source of truth.

AI commentary is not available for this company yet. The filing-backed income statement above remains available.

HERC HOLDINGS INC

HRI Income Statement

HERC HOLDINGS INC

HRI Income Statement

Income statement snapshot

Expanded line items

Profitability conversion

Annual momentum

Through-cycle growth

Income statement snapshot

Expanded line items

Profitability conversion

Annual momentum

Through-cycle growth

Commentary on HERC HOLDINGS INC. performance

Commentary on HERC HOLDINGS INC. performance