Growth Metrics

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

Herc Holdings' quarterly Operating Expenses came in at $393.0 million in Q1 2026, up 7.97% year-on-year from $364.0 million in Q1 2025, and down 4.15% quarter-over-quarter from $410.0 million in Q4 2025.

Herc Holdings has reported Operating Expenses for 18 years, with the latest figure at $393.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 7.97% year-over-year to $393.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.6 billion (up 32.05% YoY), and the FY2025 full-year result was $1.6 billion, up 39.69% from the prior year.
  • Operating Expenses for Q1 2026 stood at $393.0 million, down from $410.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $450.0 million in Q3 2025, with the low at $208.0 million in Q1 2022.
  • Average Operating Expenses over 5 years is $305.9 million, with a median of $282.0 million recorded in 2023.
  • Year-over-year, Operating Expenses gained 4.23% in 2023 and surged 51.52% in 2025.
  • Tracing HRI's Operating Expenses over 5 years: stood at $260.0 million in 2022, then increased by 4.23% to $271.0 million in 2023, then climbed by 11.44% to $302.0 million in 2024, then jumped by 35.76% to $410.0 million in 2025, then retreated 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 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn 660.32 Mn
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn 3.01 Bn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn 848.61 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn 410.40 Mn
5 Avis Budget 5.57 Bn 5.16 Bn - 1.42 Bn
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn 234.02 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn 393.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn 76.20 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn 71.59 Mn
10 Vestis 1.53 Bn 1.48 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
Mar 31, 2021 165.90 Mn
Dec 31, 2020 169.30 Mn
Sep 30, 2020 162.90 Mn
Jun 30, 2020 158.90 Mn
Mar 31, 2020 170.20 Mn
Dec 31, 2019 179.00 Mn
Sep 30, 2019 178.90 Mn
Jun 30, 2019 182.10 Mn
Mar 31, 2019 171.50 Mn
Dec 31, 2018 185.00 Mn
Sep 30, 2018 176.70 Mn
Jun 30, 2018 174.30 Mn
Mar 31, 2018 167.80 Mn
Dec 31, 2017 170.10 Mn
Sep 30, 2017 180.80 Mn
Jun 30, 2017 173.10 Mn
Mar 31, 2017 174.00 Mn
Dec 31, 2016 167.70 Mn
Jun 30, 2016 9.30 Mn
Mar 31, 2016 9.30 Mn
Dec 31, 2015 148.50 Mn
Sep 30, 2015 8.20 Mn
Jun 30, 2015 9.00 Mn
Mar 31, 2015 969.00 Mn
Dec 31, 2014 1.10 Bn
Sep 30, 2014 1.00 Bn
Jun 30, 2014 972.00 Mn
Mar 31, 2014 1.00 Bn
Dec 31, 2013 875.00 Mn
Sep 30, 2013 954.00 Mn
Jun 30, 2013 919.00 Mn
Mar 31, 2013 839.00 Mn
Dec 31, 2012 881.10 Mn
Sep 30, 2012 761.40 Mn
Jun 30, 2012 754.40 Mn
Mar 31, 2012 745.80 Mn
Dec 31, 2011 749.29 Mn
Sep 30, 2011 746.94 Mn
Jun 30, 2011 671.59 Mn
Mar 31, 2011 624.52 Mn
Dec 31, 2010 723.51 Mn
Sep 30, 2010 659.12 Mn
Jun 30, 2010 615.99 Mn
Mar 31, 2010 626.92 Mn
Dec 31, 2009 465.80 Mn
Sep 30, 2009 678.83 Mn
Jun 30, 2009 620.86 Mn