Growth Metrics

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

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DateValue
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