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H&E Equipment Services (H&E Equipment Services) Enterprise Value

: $3,694 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, H&E Equipment Services's Enterprise Value is $3,694 Mil. H&E Equipment Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $284 Mil. Therefore, H&E Equipment Services's EV-to-EBIT ratio for today is 13.00.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, H&E Equipment Services's Enterprise Value is $3,694 Mil. H&E Equipment Services's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $673 Mil. Therefore, H&E Equipment Services's EV-to-EBITDA ratio for today is 5.49.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, H&E Equipment Services's Enterprise Value is $3,694 Mil. H&E Equipment Services's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,469 Mil. Therefore, H&E Equipment Services's EV-to-Revenue ratio for today is 2.51.


H&E Equipment Services Enterprise Value Historical Data

The historical data trend for H&E Equipment Services's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

H&E Equipment Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,506.41 2,160.28 2,637.97 2,979.18 3,509.81

H&E Equipment Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,979.18 2,970.31 3,163.39 3,139.42 3,509.81

Competitive Comparison

For the Rental & Leasing Services subindustry, H&E Equipment Services's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


H&E Equipment Services Enterprise Value Distribution

For the Business Services industry and Industrials sector, H&E Equipment Services's Enterprise Value distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's Enterprise Value falls into.



H&E Equipment Services Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

H&E Equipment Services's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

H&E Equipment Services's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


H&E Equipment Services  (NAS:HEES) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

H&E Equipment Services's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3694.106/284.088
=13.00

H&E Equipment Services's current Enterprise Value is $3,694 Mil.
H&E Equipment Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $284 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

H&E Equipment Services's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3694.106/672.502
=5.49

H&E Equipment Services's current Enterprise Value is $3,694 Mil.
H&E Equipment Services's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $673 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

H&E Equipment Services's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3694.106/1469.216
=2.51

H&E Equipment Services's current Enterprise Value is $3,694 Mil.
H&E Equipment Services's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,469 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


H&E Equipment Services Enterprise Value Related Terms

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H&E Equipment Services (H&E Equipment Services) Business Description

Traded in Other Exchanges
Address
7500 Pecue Lane, Baton Rouge, LA, USA, 70809
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.
Executives
Suzanne H Wood director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
John Mcdowell Engquist officer: President & COO 7500 PECUE LANE, BATON ROUGE LA 70809
Gary W Bagley director H&E EQUIPMENT SERVICES, 4899 WEST 2100 SOUTH, SALT LAKE CITY UT 84120
Jacob Thomas director 840 CRESCENT CENTRE DR, STE 600, FRANKLIN TN 37067
Paul Arnold director C/O CORT BUSINESS SERVICE CORP, 4401 FAIR LAKES COURT, FAIRFAX VA 22033
Bradley W Barber director, officer: CEO & President H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Patrick Edsell director
Lawrence C Karlson director C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
John Sawyer director PENHALL CO., 1801 PENHALL WAY/ POB 4609, ANAHEIM CA 92803
Thompson Mary Patricia B director 651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Bruce Bruckmann director C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
John Engquist director, 10 percent owner, officer: CEO & President H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Leslie S Magee officer: CFO & Secretary H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
John D Jones officer: V.P., Product Support H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
William W Fox officer: V.P., Cranes & Earthmoving H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816

H&E Equipment Services (H&E Equipment Services) Headlines