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

Herc Holdings (HRI) posted quarterly Operating Margin of 46.1% for Q2 2026, up 388.0% year-over-year from 9.45% in Q2 2025, and down 1.86% quarter-over-quarter from 46.97% in Q1 2026.

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

Herc Holdings' Operating Margin history runs 18 years deep, the most recent figure standing at 46.1% for Q2 2026.

  • In Q2 2026, Operating Margin rose 388.0% year-over-year to 46.1%; the TTM figure through Jun 2026 stood at 48.11% (up 106.0% YoY), while the FY2025 annual figure was 45.96%, down 441.0% from the prior year.
  • Operating Margin for Q2 2026 stood at 46.1%, down from 46.97% in the prior quarter.
  • The five-year high for Operating Margin was 55.62% in Q3 2023, with the low at 39.72% in Q1 2025.
  • The 5-year median for Operating Margin is 47.68% (2023), against an average of 48.35%.
  • The sharpest annual moves came in 2023 and 2025: Operating Margin jumped 797 bps in 2023, then tumbled 779 bps in 2025.
  • Herc Holdings' Operating Margin stood at 50.44% in 2022, then rose by 4 bps to 52.4% in 2023, then advanced by 1 bps to 53.1% in 2024, then declined by 5 bps to 50.7% in 2025, then retreated by 9 bps to 46.1% in 2026.
  • Business Quant data shows HRI's Operating Margin at 46.1% in Q2 2026, 46.97% in Q1 2026, and 50.7% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Sunbelt Rentals Holdings 33.68 Bn 33.65 Bn 978.00 Mn 14.89%
2 AerCap Holdings 23.42 Bn 23.42 Bn 2.02 Bn 29.92%
3 U-Haul Holding 14.44 Bn 14.44 Bn - -
4 Ryder System 10.06 Bn 10.06 Bn 1.45 Bn -51.12%
5 Gatx 6.34 Bn 6.34 Bn 555.30 Mn 23.38%
6 Herc Holdings 5.76 Bn 5.72 Bn 713.00 Mn 46.10%
7 Avis Budget 5.05 Bn 4.49 Bn - -
8 WillScot Holdings 4.20 Bn 4.18 Bn 306.26 Mn 19.19%
9 Mcgrath Rentcorp 2.96 Bn 2.96 Bn 107.91 Mn 24.10%
10 Custom Truck One Source 2.41 Bn 2.40 Bn 123.97 Mn 8.27%

Historic Data

Download Data
DateValue
Jun 30, 2026 46.10%
Mar 31, 2026 46.97%
Dec 31, 2025 50.70%
Sep 30, 2025 48.54%
Jun 30, 2025 42.22%
Mar 31, 2025 39.72%
Dec 31, 2024 53.10%
Sep 30, 2024 52.64%
Jun 30, 2024 47.41%
Mar 31, 2024 47.51%
Dec 31, 2023 52.40%
Sep 30, 2023 55.62%
Jun 30, 2023 51.00%
Mar 31, 2023 47.70%
Dec 31, 2022 50.44%
Sep 30, 2022 47.65%
Jun 30, 2022 46.09%
Mar 31, 2022 44.54%
Dec 31, 2021 46.72%
Sep 30, 2021 47.24%