H&E Equipment Services, Inc.

NasdaqGS HEES

H&E Equipment Services, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2024: 3.60

H&E Equipment Services, Inc. Interest Coverage Ratio is 3.60 for the Trailing 12 Months (TTM) ending September 30, 2024, a -26.38% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • H&E Equipment Services, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 4.89, a 35.51% change year over year.
  • H&E Equipment Services, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 3.61, a 111.75% change year over year.
  • H&E Equipment Services, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 1.70, a 33.37% change year over year.
  • H&E Equipment Services, Inc. Interest Coverage Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 1.28, a -54.64% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
Market news
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SV Wall Street
NasdaqGS: HEES

H&E Equipment Services, Inc.

CEO Mr. Bradley W. Barber
IPO Date Jan. 31, 2006
Location United States
Headquarters 7500 Pecue Lane
Employees 2,765
Sector Industrials
Industries
Description

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.

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StockViz Staff

February 8, 2025

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