H&E Equipment Services Past Earnings Performance

Past criteria checks 2/6

H&E Equipment Services has been growing earnings at an average annual rate of 40.4%, while the Trade Distributors industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 8.3% per year. H&E Equipment Services's return on equity is 15.1%, and it has net margins of 6.2%.

Key information

40.39%

Earnings growth rate

40.35%

EPS growth rate

Trade Distributors Industry Growth	18.43%
Revenue growth rate	8.27%
Return on equity	15.05%
Net Margin	6.21%
Last Earnings Update	31 Mar 2025

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How H&E Equipment Services makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BIT:1HEES Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 25	1,465	91	442
31 Dec 24	1,517	123	445
30 Sep 24	1,518	144	438
30 Jun 24	1,534	162	429
31 Mar 24	1,518	170	417
31 Dec 23	1,469	169	398
30 Sep 23	1,437	167	388
30 Jun 23	1,360	156	372
31 Mar 23	1,295	143	355
31 Dec 22	1,245	134	339
30 Sep 22	1,173	104	322
30 Jun 22	1,124	91	308
31 Mar 22	1,095	75	296
31 Dec 21	1,063	61	287
30 Sep 21	1,049	18	275
30 Jun 21	1,026	1	265
31 Mar 21	961	-8	250
31 Dec 20	1,007	-46	262
30 Sep 20	1,087	-3	273
30 Jun 20	1,188	17	286
31 Mar 20	1,321	36	308
31 Dec 19	1,124	69	283
30 Sep 19	1,346	90	304
30 Jun 19	1,315	83	297
31 Mar 19	1,292	81	288
31 Dec 18	1,239	77	275
30 Sep 18	1,188	137	266
30 Jun 18	1,125	125	253
31 Mar 18	1,064	114	241
31 Dec 17	1,030	110	233
30 Sep 17	980	36	228
30 Jun 17	965	39	227
31 Mar 17	958	37	226
31 Dec 16	978	37	228
30 Sep 16	1,007	37	230
30 Jun 16	1,039	40	229
31 Mar 16	1,059	44	226
31 Dec 15	1,040	44	220
30 Sep 15	1,064	49	217
30 Jun 15	1,063	50	214
31 Mar 15	1,081	54	211
31 Dec 14	1,090	55	206
30 Sep 14	1,052	53	201
30 Jun 14	1,048	52	196

Quality Earnings: 1HEES has high quality earnings.

Growing Profit Margin: 1HEES's current net profit margins (6.2%) are lower than last year (11.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1HEES's earnings have grown significantly by 40.4% per year over the past 5 years.

Accelerating Growth: 1HEES's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1HEES had negative earnings growth (-46.4%) over the past year, making it difficult to compare to the Trade Distributors industry average (-2.5%).

Return on Equity

High ROE: 1HEES's Return on Equity (15.1%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/23 23:41
End of Day Share Price	2025/05/23 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

H&E Equipment Services, Inc. is covered by 15 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Sherif El-Sabbahy	BofA Global Research
Neil Frohnapple	Buckingham Research Group Inc.
null null	Burkenroad Reports