Herc Holdings (HRI) Tax Rate (2009 - 2026)
Herc Holdings (HRI) posted Tax Rate of 20.83% for Q2 2026, up 579.17% on a QoQ basis from 4.35% in Q1 2026, and down 308.0% year-over-year from 10.02% in Q2 2025.
Herc Holdings (HRI) Tax Rate (2009 - 2026) Analysis & Trends
Herc Holdings has reported Tax Rate for 18 years, with the latest figure at 20.83% in Q2 2026.
- On a quarterly basis, Tax Rate fell 308.0% year-over-year to 20.83% in Q2 2026; TTM through Jun 2026 was 12.5%, a 5099.0% decrease from a year earlier, with the FY2024 full-year figure at 27.49%, up 512.0% from the prior year.
- Tax Rate was 20.83% for Q2 2026 at Herc Holdings, up from 4.35% in the prior quarter.
- The five-year high for Tax Rate was 26.87% in Q4 2022, with the low at 125.0% in Q1 2025.
- Average Tax Rate over 5 years is 7.39%, with a median of 21.83% recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Tax Rate plunged 14475 bps in 2025, then surged 12065 bps in 2026.
- Over 5 years, Tax Rate stood at 26.87% in 2022, then decreased by 3 bps to 26.02% in 2023, then sank by 127 bps to 6.98% in 2024, then sank by 490 bps to 41.18% in 2025, then jumped by 151 bps to 20.83% in 2026.
- The last three Tax Rate figures came in at 20.83% (Q2 2026), 4.35% (Q1 2026), and 41.18% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sunbelt Rentals Holdings | 30.16 Bn | 30.13 Bn | 1.25 Bn | 25.89% |
| 2 | Herc Holdings | 4.52 Bn | 4.48 Bn | 713.00 Mn | 20.83% |
| 3 | EquipmentShare.com | 3.88 Bn | 3.43 Bn | 411.00 Mn | 42.42% |
| 4 | WillScot Holdings | 3.29 Bn | 3.29 Bn | 306.26 Mn | 26.62% |
| 5 | Mcgrath Rentcorp | 2.71 Bn | 2.71 Bn | 107.91 Mn | 27.01% |
| 6 | Target Hospitality | 2.13 Bn | 2.12 Bn | 15.80 Mn | -5.88% |
| 7 | Custom Truck One Source | 2.12 Bn | 2.11 Bn | 123.97 Mn | -15.85% |
| 8 | NPK International | 1.08 Bn | 1.07 Bn | 30.16 Mn | 24.58% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.83% |
| Mar 31, 2026 | -4.35% |
| Dec 31, 2025 | -41.18% |
| Sep 30, 2025 | 21.05% |
| Jun 30, 2025 | 23.91% |
| Mar 31, 2025 | -125.00% |
| Dec 31, 2024 | -6.98% |
| 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% |
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_KEY
import 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();