Herc Return On Assets from 2010 to 2024

HRI Stock  USD 150.77  1.76  1.15%   
Herc Holdings' Return On Assets are increasing with slightly volatile movements from year to year. Return On Assets are estimated to finish at 0.05 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Herc Holdings earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.04642762
Current Value
0.0487
Quarterly Volatility
0.01911962
 
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 main balance sheet or income statement drivers, such as Total Revenue of 3.1 B, Gross Profit of 1.1 B or Other Operating Expenses of 2.5 B, as well as many exotic indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 0.0163 or PTB Ratio of 3.83. Herc financial statements analysis is a perfect complement when working with Herc Holdings Valuation or Volatility modules.
  
This module can also supplement Herc Holdings' financial leverage analysis and stock options assessment as well as various Herc Holdings Technical models . 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' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Herc Holdings over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Herc Holdings' Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Herc Return On Assets Regression Statistics

Arithmetic Mean0.03
Coefficient Of Variation70.84
Mean Deviation0.02
Median0.02
Standard Deviation0.02
Sample Variance0.0004
Range0.0613
R-Value0.65
Mean Square Error0.0002
R-Squared0.42
Significance0.01
Slope0
Total Sum of Squares0.01

Herc Return On Assets History

2024 0.0487
2023 0.0464
2022 0.0554
2021 0.0499
2020 0.0205
2019 0.0124
2018 0.0191

About Herc Holdings Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Herc Holdings income statement, its balance sheet, and the statement of cash flows. Herc Holdings investors use historical funamental indicators, such as Herc Holdings's Return On Assets, to determine how well the company is positioned to perform in the future. Although Herc Holdings investors may use each financial statement separately, they are all related. The changes in Herc Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Herc Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Herc Holdings Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Herc Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.05  0.05 

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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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Herc Holdings' price analysis, check to measure Herc Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Herc Holdings is operating at the current time. Most of Herc Holdings' value examination focuses on studying past and present price action to predict the probability of Herc Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herc Holdings' price. Additionally, you may evaluate how the addition of Herc Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Herc Holdings' industry 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
(0.02)
Dividend Share
2.53
Earnings Share
12.1
Revenue Per Share
115.158
Quarterly Revenue Growth
0.057
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.