Herc Holdings (HRI) Gross Margin (2009 - 2026)
Herc Holdings (HRI) posted quarterly Gross Margin of 59.22% for Q2 2026, down 296.0% year-over-year from 30.21% in Q2 2025, and down 1.68% quarter-over-quarter from 60.23% in Q1 2026.
Herc Holdings (HRI) Gross Margin (2009 - 2026) Analysis & Trends
Herc Holdings' Gross Margin history runs 18 years deep, the most recent figure standing at 59.22% for Q2 2026.
- In Q2 2026, Gross Margin fell 296.0% year-over-year to 59.22%; the TTM figure through Jun 2026 stood at 62.11% (down 180.0% YoY), while the FY2025 annual figure was 63.39%, down 43.0% from the prior year.
- Gross Margin for Q2 2026 stood at 59.22%, 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.
- The 5-year median for Gross Margin is 62.43% (2022), against an average of 63.14%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin jumped 560 bps in 2023, then tumbled 328 bps in 2024.
- Herc Holdings' Gross Margin stood at 64.8% in 2022, then gained by 1 bps to 65.38% in 2023, then advanced by 1 bps to 65.93% in 2024, then fell by 2 bps to 64.52% in 2025, then fell by 8 bps to 59.22% in 2026.
- Business Quant data shows HRI's Gross Margin at 59.22% in Q2 2026, 60.23% in Q1 2026, and 64.52% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 33.71 Bn | 33.68 Bn | 978.00 Mn | 35.51% |
| 2 | AerCap Holdings | 23.43 Bn | 23.43 Bn | 2.02 Bn | 93.08% |
| 3 | U-Haul Holding | 14.44 Bn | 14.44 Bn | - | - |
| 4 | Ryder System | 10.05 Bn | 10.05 Bn | 1.45 Bn | 43.35% |
| 5 | Gatx | 6.35 Bn | 6.35 Bn | 555.30 Mn | 95.72% |
| 6 | Herc Holdings | 5.77 Bn | 5.72 Bn | 713.00 Mn | 59.22% |
| 7 | Avis Budget | 5.02 Bn | 4.46 Bn | - | - |
| 8 | WillScot Holdings | 4.22 Bn | 4.21 Bn | 306.26 Mn | 50.03% |
| 9 | Mcgrath Rentcorp | 2.95 Bn | 2.95 Bn | 107.91 Mn | 48.80% |
| 10 | Custom Truck One Source | 2.41 Bn | 2.40 Bn | 123.97 Mn | 22.00% |
Historic Data
Download 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% |