earnings
confidence high
sentiment positive
materiality 0.75
Herc Holdings Q2 revenue up 20%, raises full-year guidance on H&E integration progress
HERC HOLDINGS INC
2026-Q2 EPS reported
-$0.15
revenue$2,343,000,000
- Equipment rental revenue $1,072M (+23% YoY); total revenues $1,204M (+20%).
- Net income $19M ($0.57 diluted EPS); adjusted net income $48M ($1.43 diluted EPS).
- Adjusted EBITDA $487M (+19%); margin 40.4% vs 40.9% prior year.
- Raises FY2026 guidance: equipment rental revenue $4.375B-$4.475B, adjusted EBITDA $2.05B-$2.125B.
- Net rental capex guidance increased to $850M-$950M; free cash flow H1 2026 $202M (nearly doubled).