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H&E Equipment Services, Inc. (HEES)
Key financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,348 | 1,169 | 1,063 | 1,245 | 1,469 | 1,517 | 1,465 |
| Operating profit | $m | 229 | 180 | |||||
| Net profit | $m | 87 | -33 | 61 | 132 | 169 | 123 | 91 |
| EPS reported | $ | 3.37 | 2.49 | |||||
| Operating cashflow per share | $ | 13.73 | 13.73 | |||||
| Capex per share | $ | 12.43 | 12.43 | |||||
| FCF per share | $ | 1.22 | 1.22 | |||||
| Free cash flow | $m | 44 | 112 | |||||
| Net debt | $m | -16 | 1,595 | |||||
| Book value equity | $m | 786 | 604 | |||||
| Book value per share | $ | 21.55 | 16.61 | |||||
| Number of shares | m | 36.46 | 36.36 | |||||
| DPS (TTM paid) | $ | 1.10 | 1.10 |
Financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 14.53 | - | |||||
| P/B LTM | x | 2.26 | 5.75 | |||||
| P/S LTM | x | 1.17 | 2.37 | |||||
| P/FCF LTM | x | 40.08 | 31.05 | |||||
| EV/EBITDA LTM | x | 2.99 | 8.10 | |||||
| EV/Sales LTM | x | 1.32 | 3.46 | |||||
| Earnings Yield LTM | % | 6.88% | 3.58% | |||||
| FCF Yield | % | 2.50% | 3.22% | |||||
| Quality | ||||||||
| ROE | % | 15.65% | 18.63% | |||||
| ROIC | % | 6.73% | 6.73% | |||||
| Operating margin | % | 15.12% | 15.12% | |||||
| Gross margin | % | 44.52% | 44.52% | |||||
| FCF/Sales | % | 2.92% | 2.92% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -27.68% | -46.68% | |||||
| Sales Growth YoY | % | +3.22% | -3.52% | |||||
| Net Income Growth YoY | % | -27.36% | -46.38% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | -17.13% | -35.93% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 2.26% | 1.16% | |||||
| Dividend Growth | % | 0.00% | - | |||||
| Payout Ratio | % | 32.70% | 44.34% | |||||
| FCF/Debt | x | 0.18 | 0.07 | |||||
| Net Debt/EBITDA | x | 0.34 | 0.34 | |||||
| EBIT/Net interest | x | 3.14 | 3.14 | |||||
| Net debt/market cap | % | -0.92% | 45.95% | |||||
| Net debt/Equity | x | -0.02 | 2.64 | |||||
| Gross debt/equity | x | 0.31 | 2.66 | |||||
Company overview
H&E Equipment Services, Inc. operates as a comprehensive provider of equipment solutions. The company's operations are divided into five primary business segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. Its Equipment Rentals division offers a broad selection of construction and industrial machinery for rent on a daily, weekly, or monthly basis, drawing from a substantial fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment markets pre-owned equipment, predominantly sourced from its rental inventory or acquired through customer trade-ins, via a retail sales force. For New Equipment Sales, the company employs an in-house professional sales team to distribute new construction machinery. The Parts Sales segment provides essential components for both customer-owned equipment and its own rental fleet. Lastly, the Repair and Maintenance Services segment caters to both H&E's rental fleet and client-owned equipment, additionally offering ongoing preventative maintenance programs to industrial clients. Beyond these core services, H&E also facilitates ancillary support activities such as equipment transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet encompasses a variety of machinery, including aerial work platforms (hi-lifts), cranes, earthmoving apparatus, and material handling equipment. H&E serves a diverse customer base, including industrial and commercial enterprises, construction contractors, manufacturers, public utilities, municipalities, maintenance providers, and various other industrial accounts. As of December 31, 2021, the company boasted a network of 102 service facilities strategically located across the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
H&E Equipment Services, Inc. (HEES)
H&E Equipment Services, Inc. operates as a comprehensive provider of equipment solutions. The company's operations are divided into five primary business segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. Its Equipment Rentals division offers a broad selection of construction and industrial machinery for rent on a daily, weekly, or monthly basis, drawing from a substantial fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment markets pre-owned equipment, predominantly sourced from its rental inventory or acquired through customer trade-ins, via a retail sales force. For New Equipment Sales, the company employs an in-house professional sales team to distribute new construction machinery. The Parts Sales segment provides essential components for both customer-owned equipment and its own rental fleet. Lastly, the Repair and Maintenance Services segment caters to both H&E's rental fleet and client-owned equipment, additionally offering ongoing preventative maintenance programs to industrial clients. Beyond these core services, H&E also facilitates ancillary support activities such as equipment transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet encompasses a variety of machinery, including aerial work platforms (hi-lifts), cranes, earthmoving apparatus, and material handling equipment. H&E serves a diverse customer base, including industrial and commercial enterprises, construction contractors, manufacturers, public utilities, municipalities, maintenance providers, and various other industrial accounts. As of December 31, 2021, the company boasted a network of 102 service facilities strategically located across the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
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