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| Date | Value |
|---|---|
| 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 |