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| 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 |