Herc Holdings (HRI) Operating Margin (2009 - 2026)
Herc Holdings (HRI) recorded quarterly Operating Margin of 25.72% in Q1 2026, down 15.94% quarter-over-quarter from 30.6% in Q4 2025, and up 598.0% on a YoY basis from 3.69% in Q1 2025.
Herc Holdings (HRI) Operating Margin (2009 - 2026) Analysis & Trends
Herc Holdings' Operating Margin history runs 18 years deep, the most recent figure standing at 25.72% for Q1 2026.
- In Q1 2026, Operating Margin rose 598.0% year-over-year to 25.72%; the TTM figure through Mar 2026 stood at 27.46% (down 195.0% YoY), while the FY2025 annual figure was 26.39%, down 494.0% from the prior year.
- Operating Margin was 25.72% for Q1 2026 at Herc Holdings, down from 30.6% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 37.22% in Q3 2023 to a low of 19.74% in Q1 2025.
- Historically, Operating Margin has averaged 28.88% across 5 years, with a median of 28.86% in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Margin soared 837 bps in 2023, then slumped 787 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 31.77% in 2022, then grew by 3 bps to 32.81% in 2023, then climbed by 4 bps to 34.17% in 2024, then retreated by 10 bps to 30.6% in 2025, then dropped by 16 bps to 25.72% in 2026.
- The last three Operating Margin figures came in at 25.72% (Q1 2026), 30.6% (Q4 2025), and 29.68% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 381.90% |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 0.45% |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | - |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 25.96% |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 17.62% |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 25.72% |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 21.86% |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 6.82% |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Vestis | 1.70 Bn | 1.65 Bn | 173.69 Mn | 4.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.72% |
| Dec 31, 2025 | 30.60% |
| Sep 30, 2025 | 29.68% |
| Jun 30, 2025 | 22.75% |
| Mar 31, 2025 | 19.74% |
| Dec 31, 2024 | 34.17% |
| Sep 30, 2024 | 34.61% |
| Jun 30, 2024 | 27.95% |
| Mar 31, 2024 | 27.61% |
| Dec 31, 2023 | 32.81% |
| Sep 30, 2023 | 37.22% |
| Jun 30, 2023 | 30.92% |
| Mar 31, 2023 | 27.16% |
| Dec 31, 2022 | 31.77% |
| Sep 30, 2022 | 28.86% |
| Jun 30, 2022 | 25.78% |
| Mar 31, 2022 | 23.59% |
| Dec 31, 2021 | 27.15% |
| Sep 30, 2021 | 28.09% |
| Jun 30, 2021 | 22.98% |