H&E Equipment Services, Inc.
HEESIndustrials · Services-Miscellaneous Equipment Rental & Leasing · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.47B | $1.24B | $1.06B | $285.9M | $313.6M |
| Operating income | $229.3M | $276.7M | $228.2M | $132.3M | −$31.9M | $35.7M |
| Net income | $123.0M | $169.3M | $132.2M | $102.5M | −$37.0M | $14.2M |
| Total assets | $2.80B | $2.64B | $2.29B | $2.08B | $1.98B | $1.97B |
| Total liabilities | $2.17B | $2.11B | $1.89B | $1.78B | $1.74B | $1.67B |
| Equity | $622.5M | $534.3M | $401.0M | $303.4M | $238.2M | $307.5M |
| EPS (diluted) | $3.37 | $4.66 | $3.66 | $2.81 | $-1.03 | $0.40 |
| Shares out. | 36.5M | 36.3M | 36.2M | 36.1M | 35.9M | 35.8M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2024- Operating margin
- 15.1%
- Net margin
- 8.1%
- Return on equity
- 19.8%
- Return on assets
- 4.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 77.7%
- Debt / equity
- 3.49×
- Book value / share
- $17.07
- Revenue growth (YoY)
- 3.2%
- Net income growth (YoY)
- −27.4%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2024- Accruals / assets
- −13.3%clean
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 5 good- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Macquarie Group LtdPassive (13G)May 15, 2025
- American Century Investment Management IncPassive (13G)May 15, 2025
- Clearbridge Investments, LlcPassive (13G)May 9, 2025
- Goldman Sachs Group IncPassive (13G)May 9, 2025
- Vanguard Group IncPassive (13G)Apr 30, 2025
- Blackrock, Inc.Passive (13G)Apr 17, 2025
- Engquist JohnPassive (13G)Jan 6, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 30, 2025 | 852,334 | 1.7 | -49.2% |
| May 15, 2025 | 1.7M | 2.0 | -8.3% |
| Apr 30, 2025 | 1.8M | 3.0 | +74.8% |
| Apr 15, 2025 | 1.0M | 1.0 | -45.5% |
| Mar 31, 2025 | 1.9M | 4.2 | -13.5% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJun 2, 2025
- Results of operationsApr 29, 2025
- Results of operationsFeb 21, 2025
- Entered a material agreement · Terminated a material agreement · Other material eventFeb 19, 2025
- Regulation FD disclosureFeb 7, 2025
- Entered a material agreement · Director / officer change · Amended charter or bylaws · Other material eventJan 14, 2025
- Regulation FD disclosureNov 15, 2024
- Results of operationsOct 29, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.