Herc Holdings (HRI) Rent Expense (2010 - 2012)
Herc Holdings' quarterly Rent Expense came in at $21.5 million in Q2 2012, down 5.29% year-on-year from $22.7 million in Q3 2011, and down 6.93% quarter-over-quarter from $23.1 million in Q1 2012.
Herc Holdings has reported Rent Expense for 3 years, with the latest figure at $21.5 million in Q2 2012.
- For the quarter ending Q2 2012, Rent Expense fell 5.29% year-over-year to $21.5 million; the trailing twelve-month figure through Jun 2012 stood at $94.4 million (up 4.42% YoY), and the FY2011 full-year result was $96.1 million, up 22.89% from the prior year.
- Rent Expense for Q2 2012 stood at $21.5 million, down from $23.1 million in the prior quarter.
- The five-year high for Rent Expense was $26.1 million in Q3 2011, with the low at $17.9 million in Q2 2010.
- Average Rent Expense over 3 years is $22.5 million, with a median of $22.9 million recorded in 2010.
- Year-over-year, Rent Expense increased 26.82% in 2011 and slipped 5.29% in 2012.
- Tracing HRI's Rent Expense over 3 years: stood at $21.2 million in 2010, then rose by 11.79% to $23.7 million in 2011, then dropped by 9.28% to $21.5 million in 2012.
- The last three Rent Expense figures came in at $21.5 million (Q2 2012), $23.1 million (Q1 2012), and $23.7 million (Q4 2011), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | FTAI Aviation | 25.24 Bn | 24.83 Bn | 765.71 Mn | - |
| 2 | Ryder System | 9.37 Bn | 9.37 Bn | 3.02 Bn | - |
| 3 | U-Haul Holding | 9.00 Bn | 9.00 Bn | -42.05 Mn | 4.28 Mn |
| 4 | Gatx | 6.17 Bn | 7.05 Bn | 561.90 Mn | 7.40 Mn |
| 5 | Avis Budget | 5.57 Bn | 5.16 Bn | - | - |
| 6 | WillScot Holdings | 4.38 Bn | 4.38 Bn | 285.68 Mn | - |
| 7 | Herc Holdings | 4.30 Bn | 4.26 Bn | 686.00 Mn | - |
| 8 | Mcgrath Rentcorp | 2.69 Bn | 2.69 Bn | 96.89 Mn | - |
| 9 | Custom Truck One Source | 2.10 Bn | 2.10 Bn | 103.06 Mn | - |
| 10 | Vestis | 1.53 Bn | 1.48 Bn | 173.69 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2012 | 21.50 Mn |
| Jun 30, 2012 | 21.50 Mn |
| Mar 31, 2012 | 23.10 Mn |
| Mar 31, 2012 | 23.10 Mn |
| Dec 31, 2011 | 23.70 Mn |
| Dec 31, 2011 | 23.70 Mn |
| Sep 30, 2011 | 26.10 Mn |
| Sep 30, 2011 | 26.10 Mn |
| Jun 30, 2011 | 22.70 Mn |
| Jun 30, 2011 | 22.70 Mn |
| Mar 31, 2011 | 23.60 Mn |
| Mar 31, 2011 | 23.60 Mn |
| Dec 31, 2010 | 21.20 Mn |
| Dec 31, 2010 | 21.20 Mn |
| Sep 30, 2010 | 22.90 Mn |
| Sep 30, 2010 | 22.90 Mn |
| Jun 30, 2010 | 17.90 Mn |
| Jun 30, 2010 | 17.90 Mn |