Herc Balance Sheet
NYSE: HRIIndustrialsMisc Corporate Leasing ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Herc financial position
At the end of fiscal 2025, Herc reported total assets of $13.78 billion, up 74.9% from a year earlier against total liabilities of $11.83 billion. Shareholders' equity stood at $1.95 billion, or 14.1% of assets. The company held $52.0 million in cash and equivalents against $8.05 billion of debt, a net debt position of $8.00 billion.
The current ratio (current assets divided by current liabilities) was 1.31, meaning short-term assets cover obligations due within a year. Debt-to-equity was 4.13.
Summary generated from market data by MetaCap's automated system. Methodology
Herc balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 52.00M | 83.00M | 71.00M | 54.00M | 35.10M | 33.00M | 33.00M | 27.80M | 41.50M | 24.00M |
| Receivables | 769.00M | 589.00M | 563.00M | 523.00M | 388.10M | 301.20M | 306.70M | 332.40M | 386.30M | 293.30M |
| Inventory | — | — | — | — | — | — | — | 17.90M | 23.70M | 24.10M |
| Total Current Assets | 956.00M | 776.00M | 732.00M | 644.00M | 469.70M | 367.10M | 399.70M | 400.40M | 474.50M | 371.70M |
| Property, Plant & Equipment | 868.00M | 554.00M | 465.00M | 392.00M | 308.40M | 290.40M | 311.80M | 282.50M | 286.30M | 272.00M |
| Goodwill | 2.87B | 670.00M | 483.00M | 419.00M | 232.00M | 100.50M | 93.60M | 91.00M | 91.00M | 91.00M |
| Intangible Assets | 1.67B | 572.00M | 467.00M | 431.00M | 388.70M | 295.90M | 291.50M | 293.50M | 283.90M | 303.90M |
| Total Assets | 13.78B | 7.88B | 7.06B | 5.96B | 4.49B | 3.59B | 3.82B | 3.61B | 3.55B | 3.47B |
| Accounts Payable | 337.00M | 248.00M | 212.00M | 318.00M | 280.60M | 125.80M | 126.50M | 147.00M | 152.00M | 139.00M |
| Short-Term Debt | 26.00M | 17.00M | 15.00M | 12.00M | 11.40M | 12.20M | 27.00M | 26.90M | 22.70M | 15.70M |
| Total Current Liabilities | 730.00M | 562.00M | 508.00M | 604.00M | 529.90M | 328.00M | 323.10M | 299.20M | 290.70M | 242.90M |
| Long-Term Debt | 8.02B | 4.07B | 3.67B | 2.92B | 1.92B | 1.65B | 2.05B | 2.13B | 2.14B | 2.18B |
| Total Liabilities | 11.83B | 6.48B | 5.79B | 4.85B | 3.51B | 2.85B | 3.17B | 3.04B | 3.04B | 3.15B |
| Shareholders' Equity | 1.95B | 1.40B | 1.27B | 1.11B | 977.00M | 742.00M | 644.30M | 572.70M | 510.40M | 317.70M |
| Retained Earnings | 547.00M | 633.00M | 498.00M | 224.00M | -53.40M | -277.50M | -351.20M | -391.10M | -462.40M | -625.20M |
| Total Debt | 8.05B | 4.09B | 3.69B | 2.93B | 1.93B | 1.66B | 2.08B | 2.16B | 2.16B | 2.19B |
| Net Cash (Debt) | -8.00B | -4.00B | -3.62B | -2.88B | -1.89B | -1.63B | -2.05B | -2.13B | -2.12B | -2.17B |
| Shares Outstanding | 33.30M | 28.40M | 28.20M | 28.90M | 29.70M | 29.40M | 28.80M | 28.50M | 28.30M | 28.30M |
This table shows 10 annual periods of Herc's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow HRI's reporting calendar. What is a balance sheet?