Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Herc Holdings's share price for the quarter that ended in Mar. 2026 was $99.55. Herc Holdings's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 33 Mil. Therefore, Herc Holdings's market cap for the quarter that ended in Mar. 2026 was $3,322 Mil.
Herc Holdings's quarterly market cap
increased
from Sep. 2025 ($3,877 Mil) to Dec. 2025 ($4,941 Mil) but then
declined
from Dec. 2025 ($4,941 Mil) to Mar. 2026 ($3,322 Mil).
Herc Holdings's annual market cap
increased
from Dec. 2023 ($4,199 Mil) to Dec. 2024 ($5,377 Mil) but then
declined
from Dec. 2024 ($5,377 Mil) to Dec. 2025 ($4,941 Mil).
Enterprise Value is 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 and cash equivalents. Herc Holdings's Enterprise Value for Today is $14,709 Mil.
Herc Holdings (NYSE:HRI) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Herc Holdings Market Cap Related Terms
Herc Holdings Market Cap Historical Data
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The historical data trend for Herc Holdings's Market Cap 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.
For the Rental & Leasing Services subindustry, Herc Holdings's Market Cap, along with its competitors' market caps and Market Cap 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.
Herc Holdings Market Cap vs Business Services Industry
For the Business Services industry and Industrials sector, Herc Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Herc Holdings's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Herc Holdings's Market Cap for the fiscal year that ended in Dec. 2025 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.
Herc Holdings (HRI) has a Market Cap of $5,109 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Herc Holdings and its competitors. According to the industry distribution chart, Herc Holdings ranks #46 out of 1116 companies in the Business Services industry, placing it in the top 4.1%.
Is Herc Holdings' Market Cap too high?
Herc Holdings' current Market Cap is $5,109 Mil. The Business Services industry median Market Cap is 55.25. Herc Holdings' value of $5,109 Mil is 9147.2% above this industry median. Based on the distribution chart, Herc Holdings ranks #46 out of 1116 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Herc Holdings has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Herc Holdings' Market Cap compare to WSC and EQPT?
According to the Business Services industry distribution chart, Herc Holdings ranks #46 out of 1116 companies for Market Cap. This places Herc Holdings in the top 4% of its industry — outperforming the majority of peers. The industry median Market Cap is 55.25. Herc Holdings' value of $5,109 Mil is 9147.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Business Services company?
The median Market Cap among Business Services companies is 55.25, based on 1,116 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Herc Holdings's current Market Cap of $5,109 Mil is 9147.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Herc Holdings and its competitors. For the Business Services industry, the median Market Cap is 55.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Herc Holdings's current Market Cap is $5,109 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Herc Holdings stock overvalued right now?
Based on GuruFocus' analysis, Herc Holdings (HRI) is currently considered Fairly Valued. The stock's GF Value™ is $168.69, compared to a current price of $153.00 — trading 9.3% below its estimated fair value. The current Market Cap is $5,109 Mil and 9147.2% above the Business Services industry median of 55.25. Herc Holdings' overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Herc Holdings (HRI), the current Market Cap is $5,109 Mil as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Herc Holdings (HRI) Overvalued in 2026?
Based on GuruFocus' analysis, Herc Holdings stock appears to be undervalued.
The current stock price of $153.00 is trading 9.3% below its estimated GF Value™ of $168.69.
GuruFocus considers Herc Holdings to be Fairly Valued.
Key valuation signals for HRI:
Market Cap: $5,109 Mil
GF Value™: $168.69 vs. price of $153.00 (9.3% below fair value)
Industry Position: 9147.2% above the Business Services median (#46 of 1116)
No single metric tells the full story. See the HRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest player in North America, after United Rentals and Sunbelt Rentals, with an approximate 6% market share pro forma for its 2025 acquisition of H&E Equipment Services. It serves a similar mix of companies to its peers (industrial, commercial, and residential construction) from its 450 locations targeting the top 100 metropolitan markets in the US. Herc's rental fleet of approximately $7 billion is also similar in composition to its peer group in terms of equipment offered. The company is also pursuing diversification by bundling and increasing specialty solutions for its customer base. Herc's portfolio skews toward local customers versus national accounts (60%/40%).
86GF Score
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