H&E Equipment Services, Inc. (NASDAQ:HEES) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Jeff Chastain - Vice President of Investor Relations Bradley Barber - Chief Executive Officer John Engquist - President and Chief Operating Officer Leslie Magee - Chief Financial Officer & Secretary Conference Call Participants Steven Ramsey - Thompson Research Group Stanley Elliott - Stifel Operator Good morning, and welcome to H&E Equipment Services Second Quarter 2022 Earnings Confer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-51759 H&E Equipment Services, Inc. (Exact Name of Registrant as Specified in Its Charter) Securities registered pursuant to Section 12(b) of ...

H&E Equipment Services, Inc. (NASDAQ:HEES) Q1 2022 Earnings Conference Call April 27, 2022 10:00 AM ET Company Participants Bradley Barber – Chief Executive Officer John Engquist – President and Chief Operating Officer Leslie Magee – Chief Financial Officer & Secretary Jeff Chastain – Vice President of Investor Relations Conference Call Participants Steven Ramsey – Thompson Research Group Stanley Elliott – Stifel Steven Fisher – UBS Seth Weber – Wells Fargo Securitties Ross Girardi – Bank of America Operat ...

FIRST QUARTER 2022 EARNINGS CONFERENCE April 27, 2022 Earnings Conference NASDAQ: HEES First Quarter 2022 Company Participants Brad Barber CHIEF EXECUTIVE OFFICER John Engquist PRESIDENT AND CHIEF OPERATING OFFICER Leslie Magee CHIEF FINANCIAL OFFICER AND SECRETARY Jeff Chastain VICE PRESIDENT OF INVESTOR RELATIONS April 27, 2022 First Quarter 2022 Earnings Conference 2 Legal Disclaimers Forward-Looking Information This presentation contains "forward-looking statements" within the meaning of the federal sec ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-51759 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Sections 13 or 15(d) of the Securitie ...

H&E Equipment Services, Inc. (NASDAQ:HEES) Q4 2021 Earnings Conference Call February 24, 2022 10:00 AM ET Company Participants Jeffrey Chastain - Vice President of Investor Relations Brad Barber - Chief Executive Officer Leslie Magee - CFO & Secretary John Engquist - President and Chief Operating Officer Conference Call Participants Steven Ramsey - Thompson Research Group Steven Fisher - UBS Brian Brophy - Stifel, Nicolaus & Company Jeffrey Campbell - Alliance Global Partners Operator Good morning, and wel ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-51759 H&E EQUIPMENT SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) Securities registered pursuant to Section ...

FOURTH QUARTER 2021 EARNINGS CONFERENCE February 24, 2022 Earnings Conference NASDAQ: HEES Fourth Quarter 2021 Company Participants Brad Barber CHIEF EXECUTIVE OFFICER John Engquist PRESIDENT AND CHIEF OPERATING OFFICER Leslie Magee CHIEF FINANCIAL OFFICER AND SECRETARY Jeff Chastain VICE PRESIDENT OF INVESTOR RELATIONS February 24, 2022 Fourth Quarter 2021 Earnings Conference 2 Legal Disclaimers Forward-Looking Information This presentation contains "forward-looking statements" within the meaning of the fe ...

H&E Equipment Services, Inc. (NASDAQ:HEES) Q3 2021 Earnings Conference Call November 2, 2021 10:00 AM ET Company Participants Jeff Chastain - Vice President of Investor Relations Brad Barber - Chief Executive Officer Leslie Magee - CFO & Secretary John Martindale Engquist - Executive Chairman Conference Call Participants Stanley Elliott - Stifel Steven Ramsey - Thompson Research Group Operator Good day, and welcome to the H&E Equipment Services Third Quarter 2021 Earnings Conference Call. [Operator Instruct ...

Company Operations - As of September 30, 2021, H&E Equipment Services operated 101 branch locations across the United States[87]. - H&E Equipment Services has been in the equipment services business for approximately 60 years, with a diverse fleet serving various high-growth geographies[86]. - The company’s rental fleet is among the industry's youngest and most versatile, focusing on construction and industrial equipment[86]. - H&E Equipment Services maintains a dedicated sales force focused by equipment type to manage the size, quality, and composition of its rental fleet[97]. Revenue Breakdown - For the nine-month period ended September 30, 2021, approximately 67.3% of total revenues were attributable to equipment rentals, 13.5% to used equipment sales, 9.0% to new equipment sales, 6.4% to parts sales, 3.2% to services revenues, and 0.6% to non-segmented other revenues[95]. - The company’s revenues are influenced by factors such as demand for rental equipment, rental rates, and general economic conditions[96]. Financial Performance - Total revenues for the three-month period ended September 30, 2021, were approximately $275.4 million, an increase of $23.5 million, or 9.3%, compared to the same period in 2020[119]. - Total revenues for the nine-month period ended September 30, 2021, were approximately $781.5 million, an increase of $42.3 million, or 5.7%, compared to $739.3 million for the same period in 2020[142]. - Total gross profit for the three-month period ended September 30, 2021, was $113.9 million, an increase of $25.9 million, or 29.4%, from $88.0 million in the same period in 2020[129]. - Total gross profit for the nine-month period ended September 30, 2021, was $297.1 million, an increase of $34.2 million, or 13.0%, from $262.9 million in the same period in 2020[152]. - Total gross profit margin for the nine-month period ended September 30, 2021, was approximately 38.0%, an increase of 2.4% from 35.6% in the same period in 2020[152]. Equipment Rental Performance - Equipment rental revenues increased approximately $35.7 million, or 22.1%, to $197.2 million for the three-month period ended September 30, 2021[120]. - Equipment rental revenues increased by $44.5 million, or 9.2%, to $526.0 million for the nine-month period ended September 30, 2021, compared to $481.6 million for the same period in 2020[143]. - Rental revenues increased by $35.8 million, or 8.2%, to $471.0 million for the nine-month period ended September 30, 2021, compared to $435.2 million for the same period in 2020[144]. - Rental equipment dollar utilization for the three-month period ended September 30, 2021, was 38.9%, an increase of 6.0% compared to 32.9% in the same period in 2020[122]. - Gross profit from equipment rentals increased $30.2 million, or 15.8%, to $221.4 million for the nine-month period ended September 30, 2021, with a gross profit margin of approximately 42.1%[152]. Cost and Expenses - Total cost of revenues for the nine-month period ended September 30, 2021, was approximately $484.4 million, with selling, general and administrative expenses at $213.3 million[102]. - SG&A expenses increased by $9.9 million, or 15.3%, to $74.4 million for the three-month period ended September 30, 2021, compared to $64.5 million for the same period in 2020[138]. - SG&A expenses increased $12.8 million, or 6.4%, to $213.3 million for the nine-month period ended September 30, 2021, with SG&A as a percentage of total revenues at 27.3%[162]. Cash Flow and Liquidity - Net cash provided by operating activities was approximately $202.1 million for the nine-month period ended September 30, 2021, compared to $217.1 million in the same period in 2020[167]. - Net cash used in investing activities was approximately $245.7 million for the nine-month period ended September 30, 2021, with purchases of rental and non-rental equipment totaling $363.2 million[169]. - As of September 30, 2021, the company had no outstanding borrowings under its $750 million Credit Facility, with available borrowings of $741.3 million, resulting in a total liquidity position of $976.3 million[175]. - At September 30, 2021, the company had cash on hand of approximately $235 million and available borrowings of $741.3 million, an increase from $724.3 million at September 30, 2020[179]. Strategic Decisions - The company agreed to sell its crane business for $130 million in cash, which closed on October 1, 2021[89]. - The company plans to pursue additional strategic acquisitions and open new start-up locations following the sale of its crane business[176]. - Future capital expenditures will depend on economic conditions and growth prospects, with flexibility to adjust expenditures based on performance[177]. Market Conditions - Equipment rental utilization levels began to improve in March 2021, returning to approximate pre-COVID levels[85]. - The company implemented measures to strengthen cash flow and manage costs in response to the COVID-19 pandemic, including payroll cost reductions and capital expenditure cuts[84]. - The company does not anticipate any negative impacts on liquidity from the COVID-19 pandemic or discontinued operations[179]. - There have been no significant changes in market risk exposure during the three months ended September 30, 2021[183].