Herc Holdings Inc. HRI

HRI Company Overview

Herc Holdings Inc. is a North American equipment rental company that provides a broad range of machinery, tools, trucks, and specialty equipment to industrial, commercial, governmental, and residential customers. The company operates primarily in the equipment rental industry, serving sectors such as construction, infrastructure, manufacturing, energy, entertainment, and disaster recovery. Herc generates most of its revenue through equipment rentals, while additional revenue comes from sales of used equipment, contractor supplies, repair and maintenance services, and transportation-related services.

The company traces its origins to the former Hertz Equipment Rental Corporation business, which operated as a division of The Hertz Corporation before being separated into an independent publicly traded company in 2016. Since the separation, Herc has expanded its scale through branch growth, fleet investment, and acquisitions aimed at increasing specialty rental capabilities. The company is positioned as one of the largest equipment rental providers in North America, with strategic emphasis on localized customer service, fleet availability, and specialty equipment offerings that support large-scale industrial and infrastructure projects.