Herc Holdings (HRI) Operating Leases (2019 - 2026)

Herc Holdings (HRI) recorded quarterly Operating Leases of $1.5 billion in Q1 2026, up 1.56% quarter-over-quarter from $1.5 billion in Q4 2025, and up 74.25% on a YoY basis from $862.0 million in Q1 2025.

Herc Holdings (HRI) Operating Leases (2019 - 2026) Analysis & Trends

Herc Holdings' Operating Leases history runs 8 years deep, the most recent figure standing at $1.5 billion for Q1 2026.

  • In Q1 2026, Operating Leases rose 74.25% year-over-year to $1.5 billion; the TTM figure through Mar 2026 stood at $1.5 billion (up 74.25% YoY), while the FY2025 annual figure was $1.5 billion, up 75.65% from the prior year.
  • Operating Leases was $1.5 billion for Q1 2026 at Herc Holdings, up from $1.5 billion in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $1.5 billion in Q1 2026 to a low of $415.9 million in Q1 2022.
  • Historically, Operating Leases has averaged $842.6 million across 5 years, with a median of $705.0 million in 2024.
  • Biggest YoY gain for Operating Leases was 84.28% in 2025; the steepest drop was 22.27% in 2025.
  • A 5-year view of Operating Leases shows it stood at $528.0 million in 2022, then rose by 22.35% to $646.0 million in 2023, then soared by 30.34% to $842.0 million in 2024, then jumped by 75.65% to $1.5 billion in 2025, then increased by 1.56% to $1.5 billion in 2026.
  • The last three Operating Leases figures came in at $1.5 billion (Q1 2026), $1.5 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
Mar 31, 2026 1.50 Bn
Dec 31, 2025 1.48 Bn
Sep 30, 2025 1.44 Bn
Jun 30, 2025 1.45 Bn
Mar 31, 2025 862.00 Mn
Dec 31, 2024 842.00 Mn
Sep 30, 2024 830.00 Mn
Jun 30, 2024 789.00 Mn
Mar 31, 2024 705.00 Mn
Dec 31, 2023 646.00 Mn
Sep 30, 2023 648.00 Mn
Jun 30, 2023 618.00 Mn
Mar 31, 2023 573.00 Mn
Dec 31, 2022 528.00 Mn
Sep 30, 2022 504.40 Mn
Jun 30, 2022 491.40 Mn
Mar 31, 2022 415.90 Mn
Dec 31, 2021 387.40 Mn
Sep 30, 2021 337.90 Mn
Jun 30, 2021 267.10 Mn