Herc Holdings Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.0M | $211.0M | $347.0M | $330.0M | $224.0M | $73.7M | $47.5M | $69.1M |
| Depreciation & Amortization | $224.0M | $127.0M | $112.0M | $95.0M | $68.0M | $62.5M | — | — |
| Depreciation | $109.0M | $82.0M | $71.0M | $64.0M | $56.0M | $54.5M | $54.0M | $51.9M |
| Amortization | $115.0M | $45.0M | $41.0M | $31.0M | $12.0M | $8.0M | $7.0M | $5.4M |
| Stock-Based Compensation | $34.0M | $17.0M | $18.0M | $27.0M | $23.0M | $16.4M | $19.5M | $13.4M |
| Net Cash from Operating Activities | $1.09B | $1.23B | $1.09B | $917.0M | $743.0M | $610.9M | $635.6M | $559.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $157.0M | $161.0M | $156.0M | $104.0M | $47.0M | $41.4M | $56.9M | $77.6M |
| Business Acquisitions | $4.26B | $600.0M | $430.0M | $515.0M | $431.0M | $45.6M | $4.2M | $0 |
| Net Cash from Investing Activities | $-4.94B | $-1.51B | $-1.58B | $-1.68B | $-960.0M | $-207.5M | $-463.6M | $-567.0M |
| Financing Activities | ||||||||
| Dividends Paid | $87.0M | $77.0M | $73.0M | $68.0M | $15.0M | $0 | $0 | — |
| Stock Repurchases | $0 | $0 | $120.0M | $115.0M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $3.83B | $299.0M | $512.0M | $785.0M | $220.0M | $-406.0M | $-167.1M | $-4.2M |
| Net Change in Cash | $-31.0M | $12.0M | $17.0M | $19.0M | $2.0M | $0 | $5.2M | $-13.7M |
| Free Cash Flow | $928.0M | $1.06B | $930.0M | $813.0M | $696.0M | $569.5M | $578.7M | $481.5M |