Herc Holdings (HRI) Operating Margin (2009 - 2026)
Herc Holdings (HRI) posted Operating Margin of 46.10% for Q2 2026, up 3.88 percentage points from 42.22% a year earlier but down 0.87 percentage points from the prior quarter.
Herc Holdings (HRI) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Herc Holdings was 48.11%, up 1.06 percentage points year-over-year; for FY2025, it came in at 45.96%, down 4.41 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of -4.41 percentage points (FY2020 to FY2025).
- In prior years, Herc Holdings' Operating Margin was 50.36% in FY2024 (-1.28 pp), 51.65% in FY2023 (+4.20 pp), 47.45% in FY2022 (+0.12 pp) and 47.32% in FY2021 (-3.04 pp).
- Quarterly Operating Margin has run from a low of 39.72% in Q1 2025 to a high of 55.62% in Q3 2023 over five years.
- On a year-over-year basis, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of -1.33 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q3 2021, with a gain of 20.00 percentage points; the weakest was Q4 2021, with a drop of 16.29 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 46.97% (Q1 2026), 50.70% (Q4 2025) and 48.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 66.79 Bn | 65.55 Bn | 1.73 Bn | 25.80% |
| 2 | W.W. Grainger | 63.72 Bn | 61.32 Bn | 1.98 Bn | 16.07% |
| 3 | Fastenal | 60.28 Bn | 59.28 Bn | 1.10 Bn | 21.55% |
| 4 | Ferguson Enterprises | 44.38 Bn | 41.59 Bn | 2.32 Bn | 8.19% |
| 5 | Sunbelt Rentals Holdings | 32.28 Bn | 32.16 Bn | 1.25 Bn | 22.18% |
| 6 | Reliance | 21.45 Bn | 20.49 Bn | 1.30 Bn | 9.54% |
| 7 | Wesco International | 17.03 Bn | 14.34 Bn | 1.46 Bn | 5.73% |
| 8 | Applied Industrial Technologies | 12.67 Bn | 12.54 Bn | 411.22 Mn | 11.78% |
| 9 | Avantor | 11.71 Bn | 10.50 Bn | 537.00 Mn | 7.20% |
| 10 | Herc Holdings | 4.40 Bn | 4.20 Bn | 713.00 Mn | 46.10% |
Historic Data
| Date | Value |
|---|---|
| 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% |
Herc Holdings Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=HRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "HRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=HRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();