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HRI (Herc Holdings) 5-Year Yield-on-Cost % : 1.27 (As of Oct. 31, 2024)


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What is Herc Holdings 5-Year Yield-on-Cost %?

Herc Holdings's yield on cost for the quarter that ended in Sep. 2024 was 1.27.


The historical rank and industry rank for Herc Holdings's 5-Year Yield-on-Cost % or its related term are showing as below:

HRI' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.3   Med: 1.7   Max: 2.36
Current: 1.27


During the past 11 years, Herc Holdings's highest Yield on Cost was 2.36. The lowest was 0.30. And the median was 1.70.


HRI's 5-Year Yield-on-Cost % is ranked worse than
84.25% of 603 companies
in the Business Services industry
Industry Median: 3.58 vs HRI: 1.27

Competitive Comparison of Herc Holdings's 5-Year Yield-on-Cost %

For the Rental & Leasing Services subindustry, Herc Holdings's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Herc Holdings's 5-Year Yield-on-Cost % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Herc Holdings's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Herc Holdings's 5-Year Yield-on-Cost % falls into.



Herc Holdings 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Herc Holdings is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Herc Holdings  (NYSE:HRI) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Herc Holdings 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Herc Holdings's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Herc Holdings Business Description

Traded in Other Exchanges
Address
27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.4 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.
Executives
Aaron Birnbaum officer: SVP & Chief Operating Officer 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Tamir Peres officer: SVP&Chief Information Officer 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Lawrence Harris Silber director, officer: President & CEO 7 FOX HOLLOW COURT, FLEMINGTON NJ 08822
Christian J Cunningham officer: SVP & Chief HR Officer C/O HERC HOLDINGS INC., 27500 RIVERVIEW CENTER BLVD., BONITA SPRINGS FL 34134
Mark Alan Schumacher officer: VP, CAO and Controller 27500 RIVERVIEW CENTER BLVD, BONITA SPRINGS FL 34134
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Mark Irion officer: SVP & CFO C/O NEFF CORPORATION, SUITE 400, 3750 N.W. 87TH AVENUE, MIAMI FL 33178
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Steven D Miller director 16690 COLLINS AVENUE, PH, SUNNY ISLE BEACH FL 33160
Rakesh Sachdev director 3050 SPRUCE STREET, ST LOUIS MO 63103
James H Browning director 3760 JARDIN, HOUSTON TX 77005
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Shari L Burgess director
Andrew Langham director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Herbert L Henkel director C/O INGERSOLL-RAND COMPANY LIMITED, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645