H&E Equipment Services Income Statement 2011-2025 | HEES

Annual Income Statement H&E Equipment Services

	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Market Cap	3.56 B	1.93 B	1.78 B	1.61 B	1.05 B	1.01 B	948 M	1.43 B	932 M	411 M	617 M	1.06 B	660 M	600 M
Shares	36.3 M	36.1 M	35.9 M	36.3 M	36.1 M	35.9 M	35.7 M	35.5 M	35.4 M	35.3 M	35.2 M	35 M	34.9 M	34.8 M
Historical Prices	98.1	53.4	49.5	44.3	29.1	31	18.1	35	19	13.3	20.5	21.5	10.9	6.29
Net Income	123 M	169 M	132 M	103 M	-32.7 M	87.2 M	76.6 M	110 M	37.2 M	44.3 M	55.1 M	44.1 M	28.8 M	8.93 M
Revenue	1.52 B	1.47 B	1.24 B	1.06 B	1.01 B	1.35 B	1.24 B	1.03 B	978 M	1.04 B	1.09 B	988 M	837 M	721 M
Cost of Revenue	841 M	785 M	689 M	647 M	650 M	681 M	800 M	670 M	643 M	694 M	742 M	686 M	580 M	528 M
Gross Profit	675 M	684 M	555 M	415 M	357 M	499 M	439 M	360 M	336 M	346 M	348 M	302 M	257 M	193 M
Operating Income	229 M	277 M	228 M	132 M	43.4 M	156 M	167 M	138 M	111 M	128 M	144 M	115 M	89.2 M	40.1 M
Interest Expense	6.19 M	7.38 M	6.61 M	53.8 M	61.8 M	68.3 M	63.7 M	55 M	53.6 M	54 M	52.4 M	51.4 M	35.5 M	28.7 M
EBITDA	277 M	311 M	257 M	160 M	72.8 M	465 M	397 M	320 M	297 M	312 M	308 M	252 M	204 M	140 M
Operating Expenses	-	-	-	-	-	311 M	278 M	233 M	228 M	220 M	206 M	189 M	170 M	153 M
General and Administrative Expenses	456 M	405 M	344 M	291 M	266 M	311 M	278 M	233 M	228 M	220 M	206 M	189 M	170 M	153 M

All numbers in USD currency

Quarterly Income Statement H&E Equipment Services

	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
Shares	36.4 M	36.6 M	36.3 M	36.2 M	36.2 M	36.4 M	36.1 M	36.1 M	36 M	36.3 M	36.5 M	36.4 M	36.4 M	36.1 M	36.3 M	36.2 M	36.2 M	36.1 M	36.1 M	36 M	36 M	35.8 M	35.9 M	35.8 M	35.8 M	35.7 M	35.7 M	35.6 M	35.6 M	35.6 M	35.5 M	35.5 M	35.5 M	35.6 M	35.4 M	35.4 M	35.3 M	35.4 M	35.3 M	35.2 M	35.2 M	35.2 M	35.2 M	35.1 M	35.1 M	35.2 M	35.1 M	35 M	35 M	35.1 M	35 M	34.8 M	34.8 M	35.1 M	34.8 M	34.7 M	34.7 M
Net Income	-6.21 M	-	31.1 M	33.3 M	25.9 M	-	48.9 M	41.2 M	25.7 M	-	38.4 M	26.3 M	16.3 M	-	29.5 M	15.8 M	4.15 M	-14.6 M	10.1 M	8.82 M	-37 M	21.9 M	28.4 M	22.6 M	14.2 M	25.1 M	21.3 M	20.8 M	9.48 M	85.9 M	8.46 M	9.88 M	5.39 M	12.4 M	11.7 M	7.5 M	5.57 M	12 M	14.8 M	11.5 M	6.09 M	16.7 M	15.3 M	15.7 M	7.44 M	14.6 M	14 M	10.8 M	4.78 M	10.7 M	3.71 M	10.5 M	3.96 M	7.86 M	4.85 M	2.69 M	-6.47 M
Revenue	319 M	-	385 M	376 M	371 M	-	401 M	360 M	322 M	-	324 M	295 M	272 M	281 M	275 M	266 M	240 M	268 M	252 M	238 M	249 M	348 M	353 M	334 M	314 M	346 M	322 M	310 M	260 M	295 M	259 M	249 M	227 M	244 M	245 M	242 M	247 M	273 M	277 M	262 M	227 M	298 M	275 M	280 M	237 M	260 M	270 M	245 M	212 M	250 M	205 M	209 M	174 M	217 M	184 M	184 M	135 M
Cost of Revenue	196 M	-	213 M	205 M	206 M	-	212 M	192 M	181 M	-	172 M	162 M	161 M	-	162 M	204 M	157 M	-	164 M	186 M	180 M	-	221 M	209 M	200 M	-	207 M	202 M	168 M	-	165 M	162 M	149 M	-	157 M	160 M	166 M	-	184 M	176 M	151 M	-	184 M	191 M	164 M	-	190 M	170 M	148 M	-	138 M	145 M	121 M	-	131 M	137 M	99.8 M
Gross Profit	124 M	-	171 M	171 M	165 M	-	188 M	168 M	141 M	-	152 M	132 M	112 M	-	114 M	111 M	83.4 M	-	88 M	92.1 M	105 M	-	132 M	125 M	114 M	-	115 M	108 M	92.6 M	-	94 M	87.3 M	77.7 M	-	88.1 M	81.7 M	81.1 M	-	92.8 M	86.4 M	76.3 M	-	91.1 M	89.1 M	72.8 M	-	80.3 M	75.4 M	64.5 M	-	66.9 M	64.2 M	52.7 M	-	53.7 M	47.8 M	35.1 M
Operating Income	5.84 M	-	60.7 M	62.8 M	52 M	-	79.2 M	69.5 M	46.7 M	-	64 M	50.7 M	34.7 M	41.6 M	45.7 M	29.7 M	15.3 M	30.1 M	25.4 M	20.9 M	-32.9 M	41.3 M	55.5 M	47.7 M	35.7 M	50.9 M	45.3 M	43.1 M	27.3 M	40.3 M	47.7 M	28.7 M	21.3 M	29.9 M	33.1 M	25.4 M	22.4 M	33.5 M	38.5 M	33 M	23.3 M	41.2 M	40 M	37.9 M	24.6 M	33.8 M	33.9 M	28.9 M	18.7 M	28.5 M	25 M	23.5 M	12.3 M	17.6 M	15.1 M	10.3 M	-2.88 M
Interest Expense	1.98 M	-	1.45 M	18.2 M	1.55 M	-	3.07 M	14.7 M	13.7 M	-	13.5 M	13.5 M	13.4 M	-	13.4 M	13.4 M	13.4 M	-	14.9 M	15.6 M	16 M	-	17.3 M	17.3 M	16.9 M	-	16.7 M	15.7 M	14.7 M	-	15.1 M	13.4 M	13.2 M	-	13.5 M	13.4 M	13.4 M	-	13.5 M	13.7 M	13.4 M	-	13.2 M	12.9 M	12.6 M	-	13.2 M	13.1 M	12.3 M	-	9.82 M	6.97 M	6.87 M	-	7.22 M	7.18 M	7.21 M
EBITDA	19 M	-	-	-	62.4 M	-	-	-	54.7 M	-	84.9 M	50.7 M	41.5 M	41.6 M	66.3 M	29.7 M	22.2 M	30.1 M	47.7 M	35.7 M	-25.5 M	41.3 M	76.3 M	61.3 M	42.2 M	50.9 M	63.7 M	55.2 M	33.2 M	40.3 M	65.7 M	40.8 M	27.4 M	29.9 M	53.4 M	38.8 M	29.1 M	33.5 M	56.4 M	44.6 M	29 M	41.2 M	54.9 M	37.9 M	24.6 M	33.8 M	33.9 M	28.9 M	18.7 M	28.5 M	25.1 M	23.5 M	12.3 M	17.6 M	15.4 M	10.5 M	-2.76 M
General and Administrative Expenses	112 M	-	112 M	112 M	114 M	-	104 M	99.3 M	95.3 M	-	88.4 M	82.7 M	78.3 M	-	74.4 M	77 M	68.1 M	-	64.5 M	67.9 M	79.6 M	-	77.3 M	77.8 M	78.6 M	-	70.3 M	69 M	65.9 M	-	55.2 M	59.8 M	57.3 M	-	56 M	57 M	59.4 M	-	54.7 M	54.4 M	53.5 M	-	51.6 M	51.9 M	48.9 M	-	47 M	47.1 M	46.3 M	-	42.4 M	41.4 M	40.7 M	-	39 M	37.5 M	38.1 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company H&E Equipment Services (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

How much revenue the company earned
How much it spent on production, personnel, marketing, taxes, etc.
What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features

The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Rental leasing industry

Issuer	Price	% 24h	Market Cap	Country
The Aaron's Company AAN	-	1.0 %	$ 311 M	USA
Air Lease Corporation AL	$ 64.1	0.21 %	$ 7.14 B	USA
Fly Leasing Limited FLY	-	-	$ 519 M	Irlanda
Fortress Transportation and Infrastructure Investors LLC FTAI	$ 176.8	-2.93 %	$ 18 B	USA
Avis Budget Group CAR	$ 131.02	-2.87 %	$ 4.65 B	USA
AeroCentury Corp. ACY	-	-8.24 %	$ 140 M	USA
CAI International, Inc. CAI	-	0.02 %	$ 972 M	USA
Nesco Holdings, Inc. NSCO	-	-	$ 460 M	Cayman-islands
GATX Corporation GATX	$ 168.67	-0.69 %	$ 6.04 B	USA
Herc Holdings HRI	$ 154.4	0.78 %	$ 4.38 B	USA
Ryder System R	$ 188.75	-4.68 %	$ 8.13 B	USA
Alta Equipment Group ALTG	$ 5.45	-0.73 %	$ 181 M	USA
Rent-A-Center RCII	-	2.43 %	$ 1.49 B	USA
McGrath RentCorp MGRC	$ 106.4	-3.51 %	$ 2.61 B	USA
TD Holdings GLG	-	-12.57 %	$ 3.18 M	China
HyreCar HYRE	-	-3.46 %	$ 13.9 M	USA
PROG Holdings PRG	$ 30.36	-0.91 %	$ 1.29 B	USA
AMERCO UHAL	$ 53.42	-2.09 %	$ 1.05 B	USA
United Rentals URI	$ 817.26	-1.99 %	$ 54.2 B	USA
Willis Lease Finance Corporation WLFC	$ 134.0	-1.49 %	$ 814 M	USA
Textainer Group Holdings Limited TGH	-	0.01 %	$ 2.32 B	Bermuda
Triton International Limited TRTN	-	-	$ 4.91 B	USA
WillScot Mobile Mini Holdings Corp. WSC	$ 20.34	-4.89 %	$ 3.83 B	USA

H&E Equipment Services Income Statement 2011-2025 | HEES

Annual Income Statement H&E Equipment Services

Market Cap

Shares

Historical Prices

Net Income

Revenue

Cost of Revenue

Gross Profit

Operating Income

Interest Expense

EBITDA

Operating Expenses

General and Administrative Expenses