Herc Income Before Tax from 2010 to 2024

HRI Stock  USD 229.75  1.25  0.54%   
Herc Holdings' Income Before Tax is decreasing with slightly volatile movements from year to year. Income Before Tax is estimated to finish at about 469.4 M this year. For the period between 2010 and 2024, Herc Holdings, Income Before Tax quarterly trend regression had mean deviation of  42,970,585,778 and range of 324.3 B. View All Fundamentals
 
Income Before Tax  
First Reported
2007-03-31
Previous Quarter
93 M
Current Value
160 M
Quarterly Volatility
158.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Herc Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Herc Holdings' main balance sheet or income statement drivers, such as Total Revenue of 3.1 B, Gross Profit of 1.2 B or Other Operating Expenses of 2.5 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0163 or PTB Ratio of 3.17. Herc financial statements analysis is a perfect complement when working with Herc Holdings Valuation or Volatility modules.
  
Check out the analysis of Herc Holdings Correlation against competitors.
For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.

Latest Herc Holdings' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Herc Holdings over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Herc Holdings income statement and is an important metric when analyzing Herc Holdings profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Herc Holdings' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Herc Holdings' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Herc Income Before Tax Regression Statistics

Arithmetic Mean24,969,803,333
Geometric Mean301,034,216
Coefficient Of Variation335.24
Mean Deviation42,970,585,778
Median144,500,000
Standard Deviation83,708,064,317
Sample Variance7007040031.7T
Range324.3B
R-Value(0.43)
Mean Square Error6126340218.4T
R-Squared0.19
Significance0.11
Slope(8,118,791,607)
Total Sum of Squares98098560444.2T

Herc Income Before Tax History

2024469.4 M
2023447 M
2022433.4 M
2021290.4 M
202094.1 M
201963.6 M
201868.8 M

About Herc Holdings Financial Statements

Investors use fundamental indicators, such as Herc Holdings' Income Before Tax, to determine how well the company is positioned to perform in the future. Although Herc Holdings' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Before Tax447 M469.4 M

Currently Active Assets on Macroaxis

When determining whether Herc Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Herc Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Herc Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Herc Holdings Stock:
Check out the analysis of Herc Holdings Correlation against competitors.
For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Herc Holdings. If investors know Herc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Herc Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.081
Dividend Share
2.628
Earnings Share
12.22
Revenue Per Share
121.337
Quarterly Revenue Growth
0.063
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.