Herc Holdings (HRI) Gross Margin (2009 - 2026)
Herc Holdings (HRI) posted Gross Margin of 59.22% for Q2 2026, down 1.68% on a QoQ basis from 60.23% in Q1 2026, and down 296.0% year-over-year from 30.21% in Q2 2025.
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Analysis
Herc Holdings (HRI) Gross Margin (2009 - 2026) Analysis & Trends
Herc Holdings has reported Gross Margin for 18 years, with the latest figure at 59.22% in Q2 2026.
- On a quarterly basis, Gross Margin fell 296.0% year-over-year to 59.22% in Q2 2026; TTM through Jun 2026 was 62.11%, a 180.0% decrease from a year earlier, with the FY2025 full-year figure at 63.39%, down 43.0% from the prior year.
- Gross Margin was 59.22% for Q2 2026 at Herc Holdings, down from 60.23% in the prior quarter.
- The five-year high for Gross Margin was 68.28% in Q3 2023, with the low at 59.22% in Q2 2026.
- Average Gross Margin over 5 years is 63.14%, with a median of 62.43% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Gross Margin soared 560 bps in 2023, then tumbled 328 bps in 2024.
- Over 5 years, Gross Margin stood at 64.8% in 2022, then climbed by 1 bps to 65.38% in 2023, then grew by 1 bps to 65.93% in 2024, then decreased by 2 bps to 64.52% in 2025, then decreased by 8 bps to 59.22% in 2026.
- The last three Gross Margin figures came in at 59.22% (Q2 2026), 60.23% (Q1 2026), and 64.52% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 40.10% |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 59.22% |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 28.36% |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 50.03% |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 48.80% |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | 18.49% |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | 22.00% |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 36.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 59.22% |
| Mar 31, 2026 | 60.23% |
| Dec 31, 2025 | 64.52% |
| Sep 30, 2025 | 64.19% |
| Jun 30, 2025 | 62.18% |
| Mar 31, 2025 | 62.02% |
| Dec 31, 2024 | 65.93% |
| Sep 30, 2024 | 65.39% |
| Jun 30, 2024 | 61.56% |
| Mar 31, 2024 | 61.82% |
| Dec 31, 2023 | 65.38% |
| Sep 30, 2023 | 68.28% |
| Jun 30, 2023 | 64.84% |
| Mar 31, 2023 | 62.03% |
| Dec 31, 2022 | 64.80% |
| Sep 30, 2022 | 62.68% |
| Jun 30, 2022 | 61.25% |
| Mar 31, 2022 | 60.21% |
| Dec 31, 2021 | 62.12% |
| Sep 30, 2021 | 62.05% |
API Access
Herc Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();