H&E Equipment Services Cost of Revenue 2011-2025 | HEES

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue H&E Equipment Services

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
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

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
841 M	528 M	688 M

Quarterly Cost of Revenue 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
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

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
221 M	99.8 M	173 M

Cost of Revenue of other stocks in the Rental leasing industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
The Aaron's Company AAN	1.02 B	-	1.0 %	$ 311 M	USA
Fortress Transportation and Infrastructure Investors LLC FTAI	826 M	$ 171.71	-2.94 %	$ 17.4 B	USA
McGrath RentCorp MGRC	476 M	$ 107.54	0.72 %	$ 2.64 B	USA
Alta Equipment Group ALTG	1.38 B	$ 5.2	-4.59 %	$ 173 M	USA
Ryder System R	2.97 B	$ 191.03	0.81 %	$ 8.23 B	USA
TD Holdings GLG	135 M	-	-12.57 %	$ 3.18 M	China
HyreCar HYRE	25.9 M	-	-3.46 %	$ 13.9 M	USA
Rent-A-Center RCII	2.24 B	-	2.43 %	$ 1.49 B	USA
AMERCO UHAL	214 M	$ 52.39	-2.07 %	$ 1.03 B	USA
United Rentals URI	9.2 B	$ 809.19	-1.09 %	$ 53.7 B	USA
Willis Lease Finance Corporation WLFC	62.6 M	$ 136.04	2.33 %	$ 826 M	USA
Triton International Limited TRTN	132 M	-	-	$ 4.91 B	USA