HERC HOLDINGS INCHRI

時価総額

$44億

PER

建設・産業向け機材レンタルの北米最大手。大規模で多様な機材フリートとナショナルアカウント中心の長期レンタルを展開。2024年7月に南西部の同業社を約2.73億ドルで買収。米国44州とカナダ5州で451拠点。

	2010年 12月31日	2011年 12月31日	2012年 12月31日	2013年 12月31日	2014年 12月31日	2015年 12月31日	2016年 12月31日	2017年 12月31日	2018年 12月31日	2019年 12月31日	2020年 12月31日	2021年 12月31日	2022年 12月31日	2023年 12月31日	2024年 12月31日
Net income	-31	196	243	346	-82	273	-20	160	69	48	74	224	330	347	211
Equipment Expense	-	-	-	-	-	-	-	-	-	-	404	421	536	643	679
Depreciation, Nonproduction	154	158	173	205	366	352	40	47	52	54	55	56	64	71	82
Amortization of intangible assets	65	70	84	122	-	-	5	5	5	7	8	12	31	41	45
Amortization of Debt Issuance Costs	73	92	54	56	57	61	6	6	6	5	3	3	3	4	5
Stock-based compensation charges	37	31	30	35	11	17	6	10	13	20	16	23	27	18	17
Provision for receivables allowance	20	28	34	46	62	55	44	52	58	48	31	29	52	65	70
Loss on assets held for sale	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194
Deferred taxes	-	-	-	-	-	-	12	-228	-10	-11	12	53	84	89	59
Gain on sale of rental equipment	-	-	-	-	-	-	-21	-1	12	0	-5	20	37	94	87
Other	-	-	-	-	-19	-10	6	6	4	2	5	2	3	1	12
Receivables	7	80	158	35	90	58	59	132	30	38	25	93	172	98	62
Other assets	-	-	-	-	-	-	-	-	-2	4	8	9	16	22	26
Accounts payable	118	-1	50	23	23	-16	9	-10	-2	-13	-6	23	-22	7	2
Increase (Decrease) in Accrued Liabilities	-53	-144	-23	25	139	43	35	19	18	-19	21	16	30	14	24
Net cash provided by operating activities	2,209	-	-	-	-	-	433	342	559	636	611	744	917	1,086	1,225
Rental equipment expenditures	-	-	-	-	-	-	468	501	771	638	344	594	1,169	1,320	1,048
Proceeds from disposal of rental equipment	-	-	-	-	-	-	-	-	-	-	-	-	121	325	288
Non-rental capital expenditures	-	-	-	-	-	-	48	75	78	57	41	48	104	156	161
Proceeds from disposal of property and equipment	-	-	-	-	-	-	6	6	10	8	7	5	8	15	10
Acquisitions, net of cash acquired	48	227	1,905	254	75	95	-	-	-	-	46	431	515	430	600
Other investing activities	-3	-1	2	1	-	-	-	-	-	-	-	-	23	15	-
Net cash used in investing activities	-944	-	-	-	-	-	-398	-403	-567	-464	-207	-961	-1,682	-1,581	-1,511
Proceeds from issuance of long-term debt	2,636	3,062	2,237	1,775	400	1,676	-	-	-	1,200	-	-	-	-	800
Proceeds from Lines of Credit	-	-	-	9,512	5,864	7,097	1,791	562	738	1,230	528	1,132	2,618	2,127	2,008
Repayments on revolving lines of credit and securitization	-	-	-	9,105	5,081	7,393	881	339	604	1,665	925	880	1,616	1,387	2,399
Principal payments under finance lease and financing obligations	-	-	-	-	-	-	-	-	-	-	14	13	15	16	19
Payment of debt financing costs	-	-	-	-	-	-	42	3	1	13	0	0	8	1	9
Dividends paid	-	-	-	-	-	-	-	-	-	-	-	15	68	73	77
Net settlement on vesting of equity awards	-	11	20	12	-	-	1	0	1	4	3	9	16	25	12
Proceeds from Stock Plans	-	-	-	-	-	-	-	1	2	2	2	3	4	4	5
Proceeds from Stock Options Exercised	8	13	11	27	-	-	10	1	1	1	6	2	0	3	2
Repurchase of common stock	-	-	-	555	-	605	-	-	-	-	-	-	115	120	-
Net cash provided by financing activities	134	-	-	-	-	-	-39	78	-4	-167	-406	220	784	512	299
Effect of foreign exchange rate changes on cash and cash equivalents	-	-	-	-	-	-	-	-	-2	0	3	-0	-1	-	-1
Net change in cash and cash equivalents during the period	-	-	-	-	-	-	-	-	-14	5	-	2	18	17	12
Cash paid for interest	533	641	560	651	562	572	71	132	129	131	92	83	114	221	258
Income Taxes Paid, Net	-	-	-	-	-	-	3	-5	13	8	5	23	22	30	12
Purchases of rental equipment in accounts payable	-	-	-	-	-	-	-	-	-	-	-	-	38	-	30
Capital Expenditures Incurred but Not yet Paid	37	53	35	56	69	33	8	-	-	3	1	-	17	-	2
Disposals of rental equipment in accounts receivable	-	-	-	-	-	-	-	-	-	2	-	-	-	-	6
Equipment acquired through finance lease	-	-	-	-	-	-	-	-	-	-	-	-	24	24	17