Herc Holdings (HRI) Gross Margin (2009 - 2026)
Herc Holdings' quarterly Gross Margin came in at 60.23% in Q1 2026, down 179.0% year-on-year from 76.24% in Q1 2025, and down 6.65% quarter-over-quarter from 64.52% in Q4 2025.
Herc Holdings has reported Gross Margin for 18 years, with the latest figure at 60.23% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 179.0% year-over-year to 60.23%; the trailing twelve-month figure through Mar 2026 stood at 62.87% (down 96.0% YoY), and the FY2025 full-year result was 63.39%, down 43.0% from the prior year.
- Gross Margin for Q1 2026 stood at 60.23%, down from 64.52% in the prior quarter.
- The five-year high for Gross Margin was 68.28% in Q3 2023, with the low at 60.21% in Q1 2022.
- Average Gross Margin over 5 years is 63.37%, with a median of 62.68% recorded in 2022.
- Year-over-year, Gross Margin jumped 560 bps in 2023 and plunged 328 bps in 2024.
- Tracing HRI's Gross Margin over 5 years: 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 slipped by 7 bps to 60.23% in 2026.
- The last three Gross Margin figures came in at 60.23% (Q1 2026), 64.52% (Q4 2025), and 64.19% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | 92.18% |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | 96.67% |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | -476.96% |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 96.27% |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | 52.07% |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | 60.23% |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | 48.80% |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | 22.33% |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | 26.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 58.65% |
| Mar 31, 2021 | 59.67% |
| Dec 31, 2020 | 76.29% |
| Sep 30, 2020 | 62.91% |
| Jun 30, 2020 | 60.68% |
| Mar 31, 2020 | 56.63% |
| Dec 31, 2019 | 63.75% |
| Sep 30, 2019 | 61.09% |
| Jun 30, 2019 | 60.32% |
| Mar 31, 2019 | 60.25% |
| Dec 31, 2018 | 63.16% |
| Sep 30, 2018 | 62.34% |
| Jun 30, 2018 | 59.94% |
| Mar 31, 2018 | 54.56% |
| Dec 31, 2017 | 60.69% |
| Sep 30, 2017 | 58.89% |
| Jun 30, 2017 | 59.45% |
| Mar 31, 2017 | 97.84% |
| Dec 31, 2016 | 58.51% |
| Sep 30, 2016 | 57.90% |
| Jun 30, 2016 | 58.15% |
| Mar 31, 2016 | 56.59% |
| Dec 31, 2015 | 95.57% |
| Sep 30, 2015 | 95.23% |
| Jun 30, 2015 | 95.62% |
| Mar 31, 2015 | -250.86% |
| Dec 31, 2014 | 38.45% |
| Sep 30, 2014 | 45.47% |
| Jun 30, 2014 | 43.67% |
| Mar 31, 2014 | 43.10% |
| Dec 31, 2013 | 43.29% |
| Sep 30, 2013 | 49.69% |
| Jun 30, 2013 | 47.67% |
| Mar 31, 2013 | 44.03% |
| Dec 31, 2012 | 45.78% |
| Sep 30, 2012 | 50.82% |
| Jun 30, 2012 | 46.36% |
| Mar 31, 2012 | 43.16% |
| Dec 31, 2011 | 47.14% |
| Sep 30, 2011 | 48.71% |
| Jun 30, 2011 | 42.71% |
| Mar 31, 2011 | 39.68% |
| Dec 31, 2010 | 43.62% |
| Sep 30, 2010 | 46.96% |
| Jun 30, 2010 | 42.82% |
| Mar 31, 2010 | 39.01% |
| Dec 31, 2009 | 41.16% |
| Sep 30, 2009 | 45.20% |
| Jun 30, 2009 | 43.65% |