Herc Holdings (HRI) Rent Expense (2010 - 2012)

Herc Holdings (HRI) posted quarterly Rent Expense of $21.5 million for Q2 2012, down 5.29% year-over-year from $22.7 million in Q3 2011, and down 6.93% quarter-over-quarter from $23.1 million in Q1 2012.

Herc Holdings (HRI) Rent Expense (2010 - 2012) Analysis & Trends

Herc Holdings' Rent Expense history runs 3 years deep, the most recent figure standing at $21.5 million for Q2 2012.

  • In Q2 2012, Rent Expense fell 5.29% year-over-year to $21.5 million; the TTM figure through Jun 2012 stood at $94.4 million (up 4.42% YoY), while the FY2011 annual figure 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.
  • The 3-year median for Rent Expense is $22.9 million (2010), against an average of $22.5 million.
  • The sharpest annual moves came in 2011 and 2012: Rent Expense advanced 26.82% in 2011, then fell 5.29% in 2012.
  • Herc Holdings' Rent Expense stood at $21.2 million in 2010, then grew by 11.79% to $23.7 million in 2011, then decreased by 9.28% to $21.5 million in 2012.
  • Business Quant data shows HRI's Rent Expense at $21.5 million in Q2 2012, $23.1 million in Q1 2012, and $23.7 million in Q4 2011.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Sunbelt Rentals Holdings 33.87 Bn 33.85 Bn 978.00 Mn -
2 AerCap Holdings 23.31 Bn 23.31 Bn 2.02 Bn -
3 U-Haul Holding 14.41 Bn 14.41 Bn - -
4 Ryder System 9.95 Bn 9.95 Bn 1.45 Bn -
5 Gatx 6.34 Bn 6.34 Bn 555.30 Mn 7.40 Mn
6 Herc Holdings 5.72 Bn 5.68 Bn 713.00 Mn -
7 Avis Budget 4.98 Bn 4.42 Bn - -
8 WillScot Holdings 4.15 Bn 4.13 Bn 306.26 Mn -
9 Mcgrath Rentcorp 2.96 Bn 2.96 Bn 107.91 Mn -
10 Custom Truck One Source 2.42 Bn 2.41 Bn 123.97 Mn -

Historic Data

Download Data
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