Herc Holdings (HRI) Gross Margin (2009 - 2026)
Herc Holdings' Gross Margin was 59.22% in Q2 2026, down 2.96 percentage points from 62.18% a year earlier and down 1.01 percentage points from the prior quarter.
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Analysis
Herc Holdings (HRI) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Herc Holdings' Gross Margin was 62.11% through Jun 30, 2026, down 1.80 percentage points year-over-year; for FY2025, it came in at 63.39%, down 0.43 percentage points from FY2024.
- Gross Margin shows a five-year change of -1.43 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 63.82% in FY2024 (-1.48 pp), 65.30% in FY2023 (+2.85 pp), 62.45% in FY2022 (+0.17 pp) and 62.28% in FY2021 (-2.54 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin since Q2 2021.
- Compared with a year earlier, Gross Margin has declined for four straight quarters, with an average year-over-year change of -1.11 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2023 (a gain of 5.60 percentage points); the worst was Q4 2021 (a drop of 14.17 percentage points).
- Per Business Quant data, HRI's Gross Margin in the three quarters before Q2 2026 was 60.23% (Q1 2026), 64.52% (Q4 2025) and 64.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.46 Bn | 64.22 Bn | 1.73 Bn | 39.27% |
| 2 | W.W. Grainger | 62.97 Bn | 60.56 Bn | 1.98 Bn | 39.51% |
| 3 | Fastenal | 59.33 Bn | 58.25 Bn | 1.06 Bn | 44.56% |
| 4 | Ferguson Enterprises | 44.35 Bn | 41.56 Bn | 2.32 Bn | 31.02% |
| 5 | Sunbelt Rentals Holdings | 31.68 Bn | 31.56 Bn | 1.25 Bn | 40.10% |
| 6 | Reliance | 21.59 Bn | 20.62 Bn | 1.30 Bn | 28.09% |
| 7 | Wesco International | 16.93 Bn | 14.25 Bn | 1.46 Bn | 21.85% |
| 8 | Applied Industrial Technologies | 12.48 Bn | 12.35 Bn | 411.22 Mn | 30.40% |
| 9 | Watsco | 11.56 Bn | 9.24 Bn | 578.93 Mn | 27.50% |
| 10 | Herc Holdings | 4.30 Bn | 4.10 Bn | 713.00 Mn | 59.22% |
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();