Herc Holdings (HRI) Tax Rate (2009 - 2026)
Herc Holdings (HRI) recorded Tax Rate of 20.83% in Q2 2026, down 3.08 percentage points from 23.91% a year earlier but up 25.18 percentage points from the prior quarter.
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Analysis
Herc Holdings (HRI) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Herc Holdings' Tax Rate came in at 12.50% as of Jun 30, 2026, down 50.99 percentage points year-over-year; for FY2024, it was 27.49%, up 5.12 percentage points from FY2023.
- Annual Tax Rate has a five-year change of +2.18 percentage points (FY2019 to FY2024).
- Across earlier years, Tax Rate came in at 22.37% in FY2023 (-1.59 pp), 23.96% in FY2022 (+0.94 pp), 23.02% in FY2021 (+1.34 pp) and 21.68% in FY2020 (-3.64 pp).
- Quarterly Tax Rate has ranged from -125.00% in Q1 2025 to 26.87% in Q4 2022 over the past five years.
- On a year-over-year basis, Tax Rate rose in two of the last eight quarters, with an average year-over-year change of -12.09 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 120.65 percentage points in Q1 2026, against a drop of 144.75 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -4.35% (Q1 2026), -41.18% (Q4 2025) and 21.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.40 Bn | 64.16 Bn | 1.73 Bn | 25.22% |
| 2 | W.W. Grainger | 63.07 Bn | 60.67 Bn | 1.98 Bn | 24.81% |
| 3 | Fastenal | 59.20 Bn | 58.13 Bn | 1.06 Bn | 23.76% |
| 4 | Ferguson Enterprises | 44.13 Bn | 41.34 Bn | 2.32 Bn | 26.07% |
| 5 | Sunbelt Rentals Holdings | 31.58 Bn | 31.46 Bn | 1.25 Bn | 25.89% |
| 6 | Reliance | 21.32 Bn | 20.36 Bn | 1.30 Bn | 24.71% |
| 7 | Wesco International | 16.71 Bn | 14.03 Bn | 1.46 Bn | 22.94% |
| 8 | Applied Industrial Technologies | 12.36 Bn | 12.23 Bn | 411.22 Mn | 24.84% |
| 9 | Watsco | 11.52 Bn | 9.20 Bn | 578.93 Mn | 20.91% |
| 10 | Herc Holdings | 4.20 Bn | 4.00 Bn | 713.00 Mn | 20.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.83% |
| Sep 30, 2025 | 21.05% |
| Sep 30, 2024 | 23.75% |
| Jun 30, 2024 | 24.73% |
| Mar 31, 2024 | 19.75% |
| Dec 31, 2023 | 26.02% |
| Sep 30, 2023 | 22.60% |
| Jun 30, 2023 | 26.21% |
| Mar 31, 2023 | 10.67% |
| Dec 31, 2022 | 26.87% |
| Sep 30, 2022 | 25.19% |
| Jun 30, 2022 | 25.51% |
| Mar 31, 2022 | 13.43% |
| Dec 31, 2021 | 22.07% |
| Sep 30, 2021 | 24.77% |
| Jun 30, 2021 | 23.79% |
| Mar 31, 2021 | 19.95% |
| Dec 31, 2020 | 21.11% |
| Sep 30, 2020 | 22.67% |
| Dec 31, 2019 | 34.02% |
API Access
Herc Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();