Herc Holdings(US:HRI)2025-07-29 12:30Financial Performance - Equipment rental revenue increased by 137% to $870 million in Q2 2025 compared to $765 million in Q2 2024[50] - Total revenues increased by 182% to $1002 billion in Q2 2025 compared to $848 million in Q2 2024[50] - Adjusted EBITDA was $406 million with a margin of 405% in Q2 2025[50] - Net loss was $(35) million, a (1500)% change, and adjusted net income was $56 million, a (243)% change[50] - The company successfully raised $44 billion in debt at 68% WACD[17] Fleet Management - Fleet expenditures at OEC were $314 million in Q2 2025[35] - Fleet disposals at OEC were $253 million in Q2 2025[37] - The average fleet age was 46 months as of June 30, 2025[39] - Q2 2025 disposals generated proceeds of approximately 44% of OEC[39] Strategic Initiatives - Completed the acquisition of H&E Equipment Services, integrating 162 branches[23] - Equipment rental revenue contribution from Herc legacy branches increased by 4% year-over-year, excluding Cinelease[54]