XNASHEES
Market cap1.61bUSD
Jan 10, Last price
43.93USD
1D
-3.60%
1Q
-15.01%
Jan 2017
88.95%
IPO
88.54%
Name
H&E Equipment Services Inc
Chart & Performance
Profile
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis through a fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment sells used equipment through retail sales force primarily from its rental fleet, as well as inventoried equipment that are acquired through trade-ins from equipment customers. The New Equipment Sales segment sells new construction equipment through a professional in-house retail sales force. The Parts Sales segment sells parts for the equipment customers, as well as offers for its rental fleet. The Repair and Maintenance Services segment serves its rental fleet and equipment owned customers, as well as offers ongoing preventative maintenance services to industrial customers. It also provides ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet consists of hi-lift or aerial work platforms, cranes, earthmoving and material handling equipment, and others. It serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers. As of December 31, 2021, the company had a network of 102 service facilities in 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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 1,469,216 18.06% | 1,244,518 17.10% | |||||||
Cost of revenue | 1,183,146 | 1,033,200 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 286,070 | 211,318 | |||||||
NOPBT Margin | 19.47% | 16.98% | |||||||
Operating Taxes | 53,904 | 47,036 | |||||||
Tax Rate | 18.84% | 22.26% | |||||||
NOPAT | 232,166 | 164,282 | |||||||
Net income | 169,293 28.09% | 132,170 118.23% | |||||||
Dividends | (40,039) | (39,856) | |||||||
Dividend yield | 2.11% | 2.43% | |||||||
Proceeds from repurchase of equity | (6,053) | (1,670) | |||||||
BB yield | 0.32% | 0.10% | |||||||
Debt | |||||||||
Debt current | 422 | ||||||||
Long-term debt | 1,798,082 | 1,583,157 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 308,032 | 9,199 | |||||||
Net debt | 1,789,582 | 1,502,249 | |||||||
Cash flow | |||||||||
Cash from operating activities | 405,483 | 313,238 | |||||||
CAPEX | (745,832) | (515,886) | |||||||
Cash from investing activities | (608,762) | (546,537) | |||||||
Cash from financing activities | 130,449 | (42,667) | |||||||
FCF | (204,546) | (189,388) | |||||||
Balance | |||||||||
Cash | 8,500 | 81,330 | |||||||
Long term investments | |||||||||
Excess cash | 19,104 | ||||||||
Stockholders' equity | 348,379 | 219,105 | |||||||
Invested Capital | 2,453,609 | 1,793,069 | |||||||
ROIC | 10.93% | 9.53% | |||||||
ROCE | 11.66% | 10.14% | |||||||
EV | |||||||||
Common stock shares outstanding | 36,329 | 36,089 | |||||||
Price | 52.32 15.24% | 45.40 2.55% | |||||||
Market cap | 1,900,733 16.01% | 1,638,441 1.53% | |||||||
EV | 3,690,315 | 3,140,690 | |||||||
EBITDA | 674,484 | 512,288 | |||||||
EV/EBITDA | 5.47 | 6.13 | |||||||
Interest | 60,891 | 54,033 | |||||||
Interest/NOPBT | 21.29% | 25.57% |