Herc Holdings (HRI) Gross Margin (2009 - 2026)

Herc Holdings' Gross Margin history runs 18 years deep, the most recent figure standing at 60.23% for Q1 2026.

• In Q1 2026, Gross Margin fell 179.0% year-over-year to 60.23%; the TTM figure through Mar 2026 stood at 62.87% (down 96.0% YoY), while the FY2025 annual figure was 63.39%, down 43.0% from the prior year.
• Gross Margin was 60.23% for Q1 2026 at Herc Holdings, down from 64.52% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 68.28% in Q3 2023 to a low of 60.21% in Q1 2022.
• Historically, Gross Margin has averaged 63.37% across 5 years, with a median of 62.68% in 2022.
• The sharpest annual moves came in 2023 and 2024: Gross Margin surged 560 bps in 2023, then plunged 328 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 64.8% in 2022, then advanced by 1 bps to 65.38% in 2023, then climbed by 1 bps to 65.93% in 2024, then retreated by 2 bps to 64.52% in 2025, then decreased 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.