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

Herc Holdings (HRI) recorded quarterly Rent Expense of $21.5 million in Q2 2012, down 6.93% quarter-over-quarter from $23.1 million in Q1 2012, and down 5.29% on a YoY basis from $22.7 million in Q3 2011.

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 was $21.5 million for Q2 2012 at Herc Holdings, down from $23.1 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $26.1 million in Q3 2011 to a low of $17.9 million in Q2 2010.
  • Historically, Rent Expense has averaged $22.5 million across 3 years, with a median of $22.9 million in 2010.
  • The sharpest annual moves came in 2011 and 2012: Rent Expense climbed 26.82% in 2011, then retreated 5.29% in 2012.
  • A 3-year view of Rent Expense shows it stood at $21.2 million in 2010, then increased by 11.79% to $23.7 million in 2011, then slipped 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 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn 4.28 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn -
3 Avis Budget 6.65 Bn 6.24 Bn - -
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn 7.40 Mn
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn -
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn -
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn -
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn -
9 EquipmentShare.com 2.06 Bn 1.75 Bn - -
10 Vestis 1.70 Bn 1.65 Bn 173.69 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