secwatch.observer — SEC 8-K summary
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Issuer:     HERC HOLDINGS INC (HRI)
CIK:        0001364479
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001364479-26-000049
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Herc Holdings FY 2025 record revenue $4.376B; net income $1M on H&E costs; guides FY26 adj. EBITDA $2.0-2.1B
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- Q4 equipment rental revenue $1,039M (+24% YoY); total revenues $1,209M (+27%).
- FY25 net income $1M ($0.03/share) impacted by H&E acquisition costs; adjusted net income $239M ($7.61/share, -41% YoY).
- Adjusted EBITDA FY25 $1,818M (+15%); margin 41.5% vs 44.4% prior year.
- 2026 guidance: equipment rental revenue $4.275-4.4B; adjusted EBITDA $2.0-2.1B; net capex $500-800M.
- Net leverage 3.95x (pro forma) vs 2.54x; liquidity ~$1.9B; declared quarterly dividend $0.70/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364479/000136447926000049/0001364479-26-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364479/000136447926000049/hri-20260217.htm
  HTML page:      https://secwatch.observer/filing/0001364479-26-000049

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