← HERC HOLDINGS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($19.7m) |
$160.3m
+913.71%
|
$69.1m
-56.89%
|
$47.5m
-31.26%
|
$73.7m
+55.16%
|
$224.1m
+204.07%
|
$329.9m
+47.21%
|
$347.0m
+5.18%
|
$211.0m
-39.19%
|
$1.0m
-99.53%
|
— | |
| Amortization of Debt Issuance Costs | $5.6m | $6.4m | $6.3m | $5.2m | $3.4m | $3.2m | $3.3m | $4.0m | $5.0m | $8.0m | — | |
| Amortization of Intangible Assets | $5.1m | $4.7m | $5.4m | $7.0m | $8.0m | $12.4m | $31.4m | $41.0m | $45.0m | $115.0m | — | |
| Depreciation, Nonproduction | $39.7m | $46.8m | $51.9m | $54.0m | $54.5m | $55.6m | $63.5m | $71.0m | $82.0m | $109.0m | $1.3b | |
| Deferred Income Tax Expense (Benefit) | $12.3m | ($228.4m) | ($9.9m) | $10.3m | $12.5m | $53.4m | $83.8m | $89.0m | $59.0m | ($9.0m) | $38.0m | |
| Share-based Payment Arrangement, Noncash Expense | $5.5m | $10.1m | $13.4m | $19.5m | $16.4m | $23.3m | $27.1m | $18.0m | $17.0m | $34.0m | $30.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $500k | $100k | $1.1m | $3.7m | $3.0m | $9.0m | $15.5m | $25.0m | $12.0m | $8.0m | — | |
| Share-based Payment Arrangement, Expense | $5.5m | $10.1m | $13.4m | $19.5m | $16.4m | — | — | — | — | — | $30.0m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | $6.0m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | $0 | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | $1.0m | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $2.3m | $1.9m | $1.6m | $300k | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | $2.4m | $3.4m | $200k | $2.4m | ($3.9m) | $2.2m | ($200k) | $8.0m | $2.0m | ($6.0m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $59.2m | $131.6m | $29.9m | $38.3m | $24.6m | $92.7m | $171.9m | $98.0m | $62.0m | $46.0m | ($147.0m) | |
| Inventory Write-down | $4.2m | — | — | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | $9.2m | ($10.0m) | ($1.7m) | ($12.9m) | ($6.4m) | $22.9m | ($22.4m) | $7.0m | $2.0m | $36.0m | $63.0m | |
| Net Cash Provided by (Used in) Operating Activities | $433.4m |
$341.7m
-21.16%
|
$559.1m
+63.62%
|
$635.6m
+13.68%
|
$610.9m
-3.89%
|
$744.0m
+21.79%
|
$916.7m
+23.21%
|
$1.1b
+18.47%
|
$1.2b
+12.80%
|
$1.1b
-11.43%
|
$1.3b
+16.50%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $47.8m | $74.6m | $77.6m | $56.9m | $41.4m | $48.0m | $103.7m | $156.0m | $161.0m | $157.0m | ($1.4b) | |
| Equipment Expense | — | — | — | — | $403.9m | $420.7m | $535.9m | $643.0m | $679.0m | $856.0m | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | $1.1m | $5.9m | $9.7m | $7.7m | $6.6m | $4.6m | $7.5m | $15.0m | $10.0m | $20.0m | ($41.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $45.6m | $431.0m | $515.2m | $430.0m | $600.0m | $4.3b | ($6.0m) | |
| Payments for (Proceeds from) Other Investing Activities | $0 | $0 | — | — | $0 | $0 | $23.0m | $15.0m | $0 | $0 | — | |
| Net Cash Provided by (Used in) Investing Activities | ($398.4m) | ($403.0m) | ($567.0m) | ($463.6m) | ($207.5m) | ($961.3m) | ($1.7b) | ($1.6b) | ($1.5b) | ($4.9b) | ($773.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $0 | $247.0m | $123.5m | $864.5m | $0 | $0 | — | $0 | $0 | $1.2b | ($3.8b) | |
| Gain (Loss) on Extinguishment of Debt | — | — | $5.4m | — | $0 | $0 | — | $0 | $0 | ($2.0m) | — | |
| Proceeds from Issuance of Long-term Debt | $1.2b | $0 | $0 | $1.2b | $0 | $0 | $0 | $0 | $800.0m | $4.7b | $3.4b | |
| Payments for Repurchase of Common Stock | $0 | $0 | — | — | $0 | $0 | $115.2m | $120.0m | $0 | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | — | $14.8m | $68.1m | $73.0m | $77.0m | $87.0m | ($93.0m) | |
| Net Cash Provided by (Used in) Financing Activities | ($38.7m) |
$77.5m
+300.26%
|
($4.2m)
-105.42%
|
($167.1m)
-3878.57%
|
($406.0m)
-142.97%
|
$219.6m
+154.09%
|
$784.1m
+257.06%
|
$512.0m
-34.70%
|
$299.0m
-41.60%
|
$3.8b
+1179.93%
|
($502.0m)
-113.12%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($400k) | $1.3m | ($13.7m) | $5.2m | $0 | $2.1m | $18.4m | $17.0m | $12.0m | ($31.0m) | $42.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $27.8m | $33.0m | $33.0m | $35.1m | $53.5m | $71.0m | $83.0m | $52.0m | $42.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($400k) | — | ($1.6m) | $300k | $2.6m | ($200k) | ($600k) | $0 | ($1.0m) | $1.0m | $1.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $70.7m | $131.7m | $129.3m | $130.6m | $92.4m | $82.7m | $114.1m | $221.0m | $258.0m | $419.0m | — | |
| Income Taxes Paid, Net | $2.9m | ($5.5m) | $13.4m | $7.9m | $5.0m | $22.8m | $22.1m | $30.0m | $12.0m | $24.0m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | — | — | — | — | — | — | ($48.0m) | — | |
| Goodwill | $91.0m | $91.0m | $91.0m | $93.6m | $100.5m | $231.5m | $418.7m | $483.0m | $670.0m | $2.9b | $6.0m | |
| Income Tax Expense (Benefit) | $14.8m | ($224.7m) | ($300k) | $16.1m | $20.4m | $66.3m | $103.5m | $100.0m | $80.0m | $0 | — | |
| Operating Lease, Lease Income | — | — | — | — | $1.5b | $1.9b | $2.6b | $2.7b | $3.0b | $3.5b | — | |
| Proceeds from Contributions from Affiliates | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $10.0m | $700k | $500k | $800k | $5.6m | $2.2m | $200k | $3.0m | $2.0m | $0 | — | |
| Restructuring Costs | — | — | — | — | $0 | $0 | — | — | — | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $2.0b | $2.0b | $1.8b | $2.1b | $2.7b | $600.0m | $592.0m | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.