Herc Holdings Inc.

Herc Holdings Inc. is an equipment rental supplier operating in the United States and globally. The company rents a wide range of equipment including aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. It also offers specialized solution-based services under its ProSolutions brand, covering power generation, climate control, remediation and restoration, pumps, trench shoring, and studio and production equipment. Additionally, Herc provides ProContractor professional grade tools and various services such as repair, maintenance, equipment management, safety training, equipment re-rental, and on-site support. Ancillary services include equipment transport, rental protection, cleaning, refueling, and labor. The company also sells used equipment and contractor supplies like construction consumables, tools, small equipment, and safety supplies.

Herc Holdings Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol HRI. The company operates in the United States and its financials are reported in US Dollars (USD). Being listed on the NYSE provides investors with access to one of the world's largest and most liquid stock exchanges, and the use of USD as the reporting currency reflects its primary operations in the US market.

Herc Holdings Inc. operates in the Industrials sector and is specifically classified under the Rental & Leasing Services industry. This means the company is primarily engaged in renting and leasing equipment to various customers, rather than manufacturing or selling equipment outright. As a rental and leasing service provider, Herc serves a broad range of industries including construction, industrial manufacturing, infrastructure, government, and commercial facilities. Its role in the Industrials sector highlights its focus on providing essential equipment and services that support economic activity and development projects.

Herc Holdings Inc. serves a diverse customer base that includes non-residential and residential construction contractors, specialty trade contractors, restoration and remediation firms, and facility maintenance contractors. The company also caters to industrial manufacturing industries such as refineries, petrochemical, automotive, aerospace, power, metals and mining, agriculture, pulp and paper, and food and beverage. Additionally, Herc serves infrastructure and government sectors, as well as commercial facilities like warehousing, education, healthcare, data centers, hospitality, retail, and special event management. Geographically, Herc operates in the United States and globally, with distribution handled through its sales team, industry catalogs, and participation in industry events and trade shows.

Herc Holdings Inc. generates revenue primarily through the rental of equipment to a wide range of customers. The company rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. It also offers specialized solution-based services under ProSolutions, including power generation, climate control, remediation and restoration, pumps, trench shoring, and studio and production equipment. Additionally, Herc provides ProContractor professional grade tools and various services such as repair, maintenance, equipment management, safety training, equipment re-rental, and on-site support. Ancillary services like equipment transport, rental protection, cleaning, refueling, and labor also contribute to revenue. Furthermore, the company sells used equipment and contractor supplies, including construction consumables, tools, small equipment, and safety supplies, providing additional income streams.