Herc Holdings Inc. (HRI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HRI Revenue Growth
Revenue Breakdown (FY 2025)
HRI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HRI Revenue Analysis (2014–2025)
As of May 8, 2026, Herc Holdings Inc. (HRI) generated trailing twelve-month (TTM) revenue of $4.65 billion, reflecting explosive growth of +32.3% year-over-year. The most recent quarter (Q1 2026) recorded $1.14 billion in revenue, down 5.8% sequentially.
Looking at the longer-term picture, HRI's 5-year compound annual growth rate (CAGR) stands at +19.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $4.38 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows HRI's business is primarily driven by Equipment Rental (81%), Sales of Revenue Earning Equipment (10%), and Other Rental Revenue (8%). With over half of revenue concentrated in Equipment Rental, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including URI (+5.0% YoY), KFRC (-3.9% YoY), and MGRC (+3.1% YoY), HRI has outperformed the peer group in terms of revenue growth. Compare HRI vs URI →
HRI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HRICurrent | $4.7B | +32.3% | +19.7% | 15.3% | |
 URI | $16.1B | +5.0% | +13.5% | 24.7% | |
 KFRC | $1.3B | -3.9% | -1.0% | 3.8% | |
 MGRC | $944M | +3.1% | +10.5% | 25.9% | |
 CAT | $67.6B | +11.8% | +10.1% | 16.6% | |
 AHCO | $3.2B | +8.8% | +25.2% | 5.7% |
HRI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.38B | +22.6% | $1.23B | 28.2% | $670.0M | 15.3% |
| 2024 | $3.57B | +8.7% | $1.35B | 37.8% | $870.0M | 24.4% |
| 2023 | $3.28B | +19.8% | $1.22B | 37.3% | $775.0M | 23.6% |
| 2022 | $2.74B | +32.2% | $1.06B | 38.9% | $654.0M | 23.9% |
| 2021 | $2.07B | +16.4% | $756.0M | 36.5% | $446.0M | 21.5% |
| 2020 | $1.78B | -10.9% | $526.6M | 29.6% | $269.2M | 15.1% |
| 2019 | $2.00B | +1.1% | $542.3M | 27.1% | $247.5M | 12.4% |
| 2018 | $1.98B | +12.7% | $522.0M | 26.4% | $210.7M | 10.7% |
| 2017 | $1.75B | +12.8% | $425.2M | 24.2% | $106.1M | 6.0% |
| 2016 | $1.55B | -7.4% | $351.4M | 22.6% | $76.9M | 4.9% |
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Start ComparisonHRI — Frequently Asked Questions
Quick answers to the most common questions about buying HRI stock.
Is HRI's revenue growth accelerating or slowing?
HRI revenue is accelerating at +32.3% year-over-year, exceeding the 5-year CAGR of +19.7%. TTM revenue reached $4.7B. Growth momentum has increased versus prior periods.
What is HRI's long-term revenue growth rate?
Herc Holdings Inc.'s 5-year revenue CAGR of +19.7% reflects the sustained expansion pattern. Current YoY growth of +32.3% is above this long-term average.
How is HRI's revenue distributed by segment?
HRI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.