H

Herc Holdings
D

HRI

187.570
USD
3.71
(2.02%)
Market Closed
Volume
11,341
EPS
13
Div Yield
1.42
P/E
15
Market Cap
5,327,849,509
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News

Title: Herc Holdings

Sector: Industrials
Industry: Rental & Leasing Services
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.4 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.