Herc price to free cash flow HRI
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 3.9×
- 10-year median
- 4.1×
- Against its 10-year history
- 43rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 0.4× to 8.9×
- Peer median
- 8.7×
Herc's price to free cash flow is 3.9× as of Oct 23, 2026.
That is below its ten-year median of 4.1×, close to the middle of its last ten years.
Over that time it ranged from 0.4× in Oct 2016 to 8.9× in Nov 2021.
The median for 6 rental and Leasing Services stocks of a similar size is 8.7×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 3.9× | 3.3× | 6.4× |
| 2025 | 5.5× | 3.1× | 5.9× |
| 2024 | 5.3× | 3.8× | 6.5× |
| 2023 | 4.4× | 3.1× | 6.1× |
| 2022 | 5.0× | 3.8× | 7.4× |
| 2021 | 7.1× | 3.3× | 8.9× |
| 2020 | 3.4× | 0.7× | 3.4× |
| 2019 | 2.5× | 2.0× | 3.1× |
| 2018 | 1.9× | 1.9× | 7.6× |
| 2017 | 2.9× | 1.2× | 3.1× |
| 2016 | 1.2× | 0.1× | 1.3× |
| 2015 | 0.1× | 0.1× | 0.2× |
| 2014 | 0.2× | 0.2× | 0.3× |
| 2013 | 0.2× | 0.2× | 0.3× |
| 2012 | 0.2× | 0.1× | 0.2× |
| 2011 | 0.2× | 0.2× | 0.2× |
Against its peers
Companies in Rental & Leasing Services nearest Herc's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| HRIHerc | 3.9× |
| MGRCMcgrath Rentcorp | 13.7× |
| CTOSCustom Truck One Source | n/m |
| PRGPROG | 3.8× |
| UPBDUpbound | 2.6× |
| NPKINPK International | 33.5× |
| SUNBSunbelt Rentals | n/m |
| Peer median | 8.7× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Herc
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.