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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 65.51 Bn | 64.27 Bn | 1.73 Bn | 25.22% |
| 2 | W.W. Grainger | 63.21 Bn | 60.81 Bn | 1.98 Bn | 24.81% |
| 3 | Fastenal | 59.62 Bn | 58.54 Bn | 1.06 Bn | 23.76% |
| 4 | Ferguson Enterprises | 44.44 Bn | 41.66 Bn | 2.32 Bn | 26.07% |
| 5 | Sunbelt Rentals Holdings | 31.60 Bn | 31.48 Bn | 1.25 Bn | 25.89% |
| 6 | Reliance | 21.43 Bn | 20.47 Bn | 1.30 Bn | 24.71% |
| 7 | Wesco International | 16.84 Bn | 14.16 Bn | 1.46 Bn | 22.94% |
| 8 | Applied Industrial Technologies | 12.51 Bn | 12.38 Bn | 411.22 Mn | 24.84% |
| 9 | Watsco | 11.64 Bn | 9.32 Bn | 578.93 Mn | 20.91% |
| 10 | Herc Holdings | 4.28 Bn | 4.08 Bn | 713.00 Mn | 20.83% |
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% |
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();