---
schema_version: "secwatch.filing_event.v1"
accession: "0001364479-23-000005"
form_type: "8-K"
ticker: "HRI"
cik: "0001364479"
company_name: "HERC HOLDINGS INC"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T13:28:54.590221+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Herc Holdings reports record FY22 revenue $2.74B, adj. EBITDA $1.23B; guides FY23 adj. EBITDA $1.45-$1.55B

## Summary
- Q4 equipment rental revenue $713.1M (+31.5%), total rev $786.0M (+36.0%), net income $97.8M ($3.27 EPS), adj. EPS $3.44.
- FY22 equipment rental revenue $2,551.5M (+33.6%), net income $329.9M ($10.92 EPS), adj. EBITDA $1,227.2M (+37.2%), margin 44.8%.
- FY23 guidance: adj. EBITDA $1.45B-$1.55B (18-26% growth), net rental equipment capex $1.0B-$1.2B.
- Repurchased ~1.05M shares for $115.2M in FY22; remaining buyback authorization $280.6M.
- FY22 dollar utilization record 43.3%; net leverage 2.4x; quarterly dividend $0.6325/sh payable Mar 9, 2023.

## SEC filing metadata
- accession: 0001364479-23-000005
- form_type: 8-K
- ticker: HRI
- cik: 0001364479
- company_name: HERC HOLDINGS INC
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364479/000136447923000005/0001364479-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364479/000136447923000005/hri-20230214.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364479-23-000005
- JSON: https://secwatch.observer/filing/0001364479-23-000005.json
- Plain text: https://secwatch.observer/filing/0001364479-23-000005.txt

## Key facts
- Earnings Releases
  HERC HOLDINGS INC updated its fourth quarter and full year ended December 31, 2022 guidance (initiated).
  - Period: fourth quarter and full year ended December 31, 2022
  - Guidance: initiated
  - Result: reported results
  source text: On February 14, 2023, Herc Holdings Inc. (the “Company”) issued a press release regarding its financial results for its fourth quarter and full year ended December 31, 2022. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1364479/000136447923000005/0001364479-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.