HERC HOLDINGS INC
For the period ended Dec 31, 2024. Filed Feb 13, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 13, 2025
HRI$167.18+10.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In millions, except par value)
| December 31,2024 | December 31,2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $83 | $71 |
| Receivables, net of allowances of $22 and $20, respectively | 589 | 563 |
| Prepaid expenses | 47 | 30 |
| Other current assets | 40 | 47 |
| Assets held for sale | 17 | 21 |
| Total current assets | 776 | 732 |
| Rental equipment, net | 4,225 | 3,831 |
| Property and equipment, net | 554 | 465 |
| Right-of-use lease assets | 852 | 665 |
| Intangible assets, net | 572 | 467 |
| Goodwill | 670 | 483 |
| Other long-term assets | 8 | 10 |
| Assets held for sale | 220 | 408 |
| Total assets | $7,877 | $7,061 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Current maturities of long-term debt and financing obligations | $21 | $19 |
| Current maturities of operating lease liabilities | 39 | 37 |
| Accounts payable | 248 | 212 |
| Accrued liabilities | 239 | 221 |
| Liabilities held for sale | 15 | 19 |
| Total current liabilities | 562 | 508 |
| Long-term debt, net | 4,069 | 3,673 |
| Financing obligations, net | 101 | 104 |
| Operating lease liabilities | 842 | 646 |
| Deferred tax liabilities | 800 | 743 |
| Other long-term liabilities | 47 | 46 |
| Liabilities held for sale | 60 | 68 |
| Total liabilities | 6,481 | 5,788 |
| Commitments and contingencies (Note 17) | ||
| Equity: | ||
| Preferred stock, $0.01 par value, 13.3 shares authorized, no shares issued and outstanding | — | — |
| Common stock, $0.01 par value, 133.3 shares authorized, 33.3 and 33.1 shares issued and 28.4 and 28.2 shares outstanding | — | — |
| Additional paid-in capital | 1,832 | 1,820 |
| Retained earnings | 633 | 498 |
| Accumulated other comprehensive loss | (142) | (118) |
| Treasury stock, at cost, 4.9 shares and 4.9 shares | (927) | (927) |
| Total equity | 1,396 | 1,273 |
| Total liabilities and equity | $7,877 | $7,061 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.