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H&E Equipment Services (H&E Equipment Services) EV-to-EBIT

: 13.03 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, H&E Equipment Services's Enterprise Value is $3,703 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 for today is 13.03.

The historical rank and industry rank for H&E Equipment Services's EV-to-EBIT or its related term are showing as below:

HEES' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.38   Med: 14.23   Max: 266.39
Current: 13.03

During the past 13 years, the highest EV-to-EBIT of H&E Equipment Services was 266.39. The lowest was 9.38. And the median was 14.23.

HEES's EV-to-EBIT is ranked worse than
52.02% of 840 companies
in the Business Services industry
Industry Median: 12.59 vs HEES: 13.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. H&E Equipment Services's Enterprise Value for the quarter that ended in Dec. 2023 was $3,510 Mil. H&E Equipment Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $284 Mil. H&E Equipment Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.09%.


H&E Equipment Services EV-to-EBIT Historical Data

The historical data trend for H&E Equipment Services's EV-to-EBIT 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
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.65 1,098.82 19.47 12.69 12.35

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
EV-to-EBIT 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 12.69 12.00 11.86 11.05 12.35

Competitive Comparison

For the Rental & Leasing Services subindustry, H&E Equipment Services's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the Business Services industry and Industrials sector, H&E Equipment Services's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's EV-to-EBIT falls into.



H&E Equipment Services EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3702.964/284.088
=13.03

H&E Equipment Services's current Enterprise Value is $3,703 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.

* 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) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

H&E Equipment Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=284.088/3509.810144
=8.09 %

H&E Equipment Services's Enterprise Value for the quarter that ended in Dec. 2023 was $3,510 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.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of H&E Equipment Services's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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