Herc profit margin HRI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 1.0%
- Operating margin, 12 months
- 11.9%
- Net margin on a year earlier
- +0.4 pts
- Peer median
- 5.7%
Over the twelve months to Jun 30, 2026, Herc kept 1.0% of its revenue as net profit, with an operating margin of 11.9% and a gross margin of 90.7%.
Five years earlier its net margin was 8.1%.
The median for 6 rental and Leasing Services stocks of a similar size is 5.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 0.0% | 10.8% | 90.4% |
| FY2024 | 5.9% | 15.4% | 93.7% |
| FY2023 | 10.6% | 20.2% | 92.3% |
| FY2022 | 12.1% | 20.4% | 96.7% |
| FY2021 | 10.8% | 18.1% | n/a |
| FY2020 | 4.1% | 10.7% | n/a |
| FY2019 | 2.4% | 15.1% | n/a |
| FY2018 | 3.5% | 10.4% | n/a |
| FY2017 | 9.1% | 4.2% | 97.7% |
| FY2016 | −1.3% | 4.9% | 96.6% |
| FY2015 | 6.6% | 15.0% | n/a |
| FY2014 | −0.7% | 5.5% | 72.5% |
| FY2013 | 2.8% | 13.1% | 76.5% |
| FY2012 | 2.7% | 4.9% | 76.1% |
| FY2011 | 2.1% | 13.0% | 77.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 1.0% | +0.4 pts | 11.9% | |
| Q1 FY26 | −0.1% | −3.6 pts | 11.2% | |
| Q4 FY25 | 0.0% | −5.9 pts | 10.8% | |
| Q3 FY25 | −1.7% | −11.8 pts | 8.1% | |
| Q2 FY25 | 0.6% | −9.4 pts | 10.4% | |
| Q1 FY25 | 3.5% | −6.8 pts | 12.7% | |
| Q4 FY24 | 5.9% | −4.7 pts | 15.4% | |
| Q3 FY24 | 10.1% | −0.8 pts | 20.4% | |
| Q2 FY24 | 10.0% | −1.1 pts | 20.0% | |
| Q1 FY24 | 10.3% | −1.3 pts | 20.3% | |
| Q4 FY23 | 10.6% | −1.5 pts | 20.2% | |
| Q3 FY23 | 10.9% | −1.1 pts | 20.5% |
Against its peers
Companies in Rental & Leasing Services nearest Herc's size, closest first, today.
| Company | Profit margin |
|---|---|
| HRIHerc | 1.0% |
| MGRCMcgrath Rentcorp | 16.4% |
| CTOSCustom Truck One Source | 1.1% |
| PRGPROG | 5.7% |
| UPBDUpbound | 1.9% |
| NPKINPK International | 14.2% |
| SUNBSunbelt Rentals | n/m |
| Peer median | 5.7% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Herc
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.