Herc Holdings (HRI) Operating Expenses (2009 - 2026)

Herc Holdings (HRI) recorded quarterly Operating Expenses of $393.0 million in Q1 2026, down 4.15% quarter-over-quarter from $410.0 million in Q4 2025, and up 7.97% on a YoY basis from $364.0 million in Q1 2025.

Herc Holdings (HRI) Operating Expenses (2009 - 2026) Analysis & Trends

Herc Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $393.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 7.97% year-over-year to $393.0 million; the TTM figure through Mar 2026 stood at $1.6 billion (up 32.05% YoY), while the FY2025 annual figure was $1.6 billion, up 39.69% from the prior year.
  • Operating Expenses was $393.0 million for Q1 2026 at Herc Holdings, down from $410.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $450.0 million in Q3 2025 to a low of $208.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $305.9 million across 5 years, with a median of $282.0 million in 2023.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses increased 4.23% in 2023, then soared 51.52% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $260.0 million in 2022, then grew by 4.23% to $271.0 million in 2023, then advanced by 11.44% to $302.0 million in 2024, then soared by 35.76% to $410.0 million in 2025, then fell by 4.15% to $393.0 million in 2026.
  • The last three Operating Expenses figures came in at $393.0 million (Q1 2026), $410.0 million (Q4 2025), and $450.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn 848.61 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn 3.01 Bn
3 Avis Budget 6.65 Bn 6.24 Bn - 1.42 Bn
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn 410.40 Mn
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn 234.02 Mn
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn 393.00 Mn
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn 76.20 Mn
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn 71.59 Mn
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 Vestis 1.70 Bn 1.65 Bn 173.69 Mn 632.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 393.00 Mn
Dec 31, 2025 410.00 Mn
Sep 30, 2025 450.00 Mn
Jun 30, 2025 395.00 Mn
Mar 31, 2025 364.00 Mn
Dec 31, 2024 302.00 Mn
Sep 30, 2024 297.00 Mn
Jun 30, 2024 285.00 Mn
Mar 31, 2024 275.00 Mn
Dec 31, 2023 271.00 Mn
Sep 30, 2023 282.00 Mn
Jun 30, 2023 272.00 Mn
Mar 31, 2023 258.00 Mn
Dec 31, 2022 260.00 Mn
Sep 30, 2022 252.00 Mn
Jun 30, 2022 227.00 Mn
Mar 31, 2022 208.00 Mn
Dec 31, 2021 202.10 Mn
Sep 30, 2021 186.90 Mn
Jun 30, 2021 175.10 Mn