HERC HOLDINGS INC

For the period ended Dec 31, 2025. Filed Feb 17, 2026.

About 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.

FY2025 · Filed Feb 17, 2026

HRI$167.18+10.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(In millions, except par value)

	December 31,2025	December 31,2024
ASSETS
Current assets:
Cash and cash equivalents	$52	$83
Receivables, net of allowances of $31 and $22, respectively	769	589
Prepaid expenses	72	47
Other current assets	63	40
Assets held for sale	—	17
Total current assets	956	776
Rental equipment, net	5,880	4,225
Property and equipment, net	868	554
Right-of-use lease assets	1,489	852
Intangible assets, net	1,665	572
Goodwill	2,873	670
Other long-term assets	45	8
Assets held for sale	—	220
Total assets	$13,776	$7,877
LIABILITIES AND EQUITY
Current liabilities:
Current maturities of long-term debt and financing obligations	$32	$21
Current maturities of operating lease liabilities	56	39
Accounts payable	337	248
Accrued liabilities	305	239
Liabilities held for sale	—	15
Total current liabilities	730	562
Long-term debt, net	8,021	4,069
Financing obligations, net	95	101
Operating lease liabilities	1,479	842
Deferred tax liabilities	1,446	800
Other long-term liabilities	57	47
Liabilities held for sale	—	60
Total liabilities	11,828	6,481
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, 38.2 and 33.3 shares issued and 33.3 and 28.4 shares outstanding	—	—
Additional paid-in capital	2,448	1,832
Retained earnings	547	633
Accumulated other comprehensive loss	(120)	(142)
Treasury stock, at cost, 4.9 shares and 4.9 shares	(927)	(927)
Total equity	1,948	1,396
Total liabilities and equity	$13,776	$7,877

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.