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H&E Equipment Services, Inc.
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About H&E Equipment Services, Inc.

H&E Equipment Services, Inc. operates as a comprehensive provider of equipment solutions. The company's operations are divided into five primary business segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. Its Equipment Rentals division offers a broad selection of construction and industrial machinery for rent on a daily, weekly, or monthly basis, drawing from a substantial fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment markets pre-owned equipment, predominantly sourced from its rental inventory or acquired through customer trade-ins, via a retail sales force. For New Equipment Sales, the company employs an in-house professional sales team to distribute new construction machinery. The Parts Sales segment provides essential components for both customer-owned equipment and its own rental fleet. Lastly, the Repair and Maintenance Services segment caters to both H&E's rental fleet and client-owned equipment, additionally offering ongoing preventative maintenance programs to industrial clients. Beyond these core services, H&E also facilitates ancillary support activities such as equipment transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet encompasses a variety of machinery, including aerial work platforms (hi-lifts), cranes, earthmoving apparatus, and material handling equipment. H&E serves a diverse customer base, including industrial and commercial enterprises, construction contractors, manufacturers, public utilities, municipalities, maintenance providers, and various other industrial accounts. As of December 31, 2021, the company boasted a network of 102 service facilities strategically located across the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.

CEO
Bradley W. Barber
IPO Date
Jan 31, 2006

Market Data

OpenThe first traded price for the current trading session.
$94.64
HighThe highest traded price in the current trading session.
$94.64
LowThe lowest traded price in the current trading session.
$94.64
VolumeTotal shares traded during the current trading session.
1.9M
Avg VolumeAverage number of shares traded per session, as reported by FMP.
750.3K
52W HighThe highest traded price over the past 52 weeks.
$101.28
52W LowThe lowest traded price over the past 52 weeks.
$40.92

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$3.5B
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$5.1B
Dividend YieldAnnualized dividend yield relative to the current share price.
82.5%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
$44M
RevenueTotal sales from the latest annual income statement.
$1.5B
Net IncomeProfit after expenses and taxes from the latest annual income statement.
$123M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$16M
DebtTotal debt from the latest balance sheet.
$244M

Events

EarningsApr 29

EPS est. 0.63 · actual 0.03

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