H&E Equipment Services, Inc. Logo

H&E Equipment Services, Inc.

HEES

(2.5)
Stock Price

48,38 USD

6.77% ROA

35.85% ROE

10.68x PER

Market Cap.

1.798.984.815,00 USD

322.05% DER

2.23% Yield

11.52% NPM

H&E Equipment Services, Inc. Stock Analysis

H&E Equipment Services, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

H&E Equipment Services, Inc. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

2 ROE

ROE surpassing expectations (38.03%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

3 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

4 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (148), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

5 ROA

The stock's ROA (6.77%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

8 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

9 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

10 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.48x) suggests it's overvalued, potentially making it an expensive investment.

11 DER

The stock is burdened with a heavy load of debt (322%), making it financially unstable and potentially risky for investors.

H&E Equipment Services, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

H&E Equipment Services, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

H&E Equipment Services, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

H&E Equipment Services, Inc. Revenue
Year Revenue Growth
2001 309.517.000
2002 351.005.000 11.82%
2003 413.986.000 15.21%
2004 478.172.000 13.42%
2005 600.210.000 20.33%
2006 804.369.000 25.38%
2007 1.003.134.000 19.81%
2008 1.068.969.000 6.16%
2009 679.732.000 -57.26%
2010 574.154.000 -18.39%
2011 720.551.000 20.32%
2012 837.315.000 13.95%
2013 987.756.000 15.23%
2014 1.090.412.000 9.41%
2015 1.039.831.000 -4.86%
2016 978.137.000 -6.31%
2017 1.030.019.000 5.04%
2018 1.238.961.000 16.86%
2019 1.348.365.000 8.11%
2020 1.169.120.000 -15.33%
2021 1.062.797.000 -10%
2022 1.244.518.000 14.6%
2023 1.602.784.000 22.35%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

H&E Equipment Services, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

H&E Equipment Services, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 143.615.000 100%
2007 165.048.000 12.99%
2008 181.037.000 8.83%
2009 144.460.000 -25.32%
2010 148.277.000 2.57%
2011 153.354.000 3.31%
2012 169.653.000 9.61%
2013 189.062.000 10.27%
2014 206.480.000 8.44%
2015 220.226.000 6.24%
2016 228.129.000 3.46%
2017 232.784.000 2%
2018 278.298.000 16.35%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

H&E Equipment Services, Inc. EBITDA
Year EBITDA Growth
2001 22.426.000
2002 13.703.000 -63.66%
2003 122.633.000 88.83%
2004 81.768.000 -49.98%
2005 132.424.000 38.25%
2006 246.873.000 46.36%
2007 245.922.000 -0.39%
2008 245.746.000 -0.07%
2009 22.190.000 -1007.46%
2010 80.371.000 72.39%
2011 139.540.000 42.4%
2012 205.090.000 31.96%
2013 252.905.000 18.91%
2014 309.265.000 18.22%
2015 126.969.000 -143.58%
2016 109.349.000 -16.11%
2017 128.874.000 15.15%
2018 161.960.000 20.43%
2019 192.121.000 15.7%
2020 116.565.000 -64.82%
2021 128.396.000 9.21%
2022 217.927.000 41.08%
2023 316.856.000 31.22%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

H&E Equipment Services, Inc. Gross Profit
Year Gross Profit Growth
2001 77.918.000
2002 92.368.000 15.64%
2003 154.355.000 40.16%
2004 123.288.000 -25.2%
2005 181.601.000 32.11%
2006 263.181.000 31%
2007 306.040.000 14%
2008 310.040.000 1.29%
2009 165.498.000 -87.34%
2010 135.939.000 -21.74%
2011 192.703.000 29.46%
2012 257.302.000 25.11%
2013 301.836.000 14.75%
2014 347.938.000 13.25%
2015 345.732.000 -0.64%
2016 335.611.000 -3.02%
2017 359.908.000 6.75%
2018 438.534.000 17.93%
2019 499.170.000 12.15%
2020 402.619.000 -23.98%
2021 415.363.000 3.07%
2022 555.163.000 25.18%
2023 753.532.000 26.33%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

H&E Equipment Services, Inc. Net Profit
Year Net Profit Growth
2001 3.300.000
2002 -8.221.000 140.14%
2003 -46.051.000 82.15%
2004 -13.737.000 -235.23%
2005 28.160.000 148.78%
2006 32.714.000 13.92%
2007 64.626.000 49.38%
2008 43.296.000 -49.27%
2009 -11.943.000 462.52%
2010 -25.460.000 53.09%
2011 8.926.000 385.23%
2012 28.836.000 69.05%
2013 44.140.000 34.67%
2014 55.139.000 19.95%
2015 44.305.000 -24.45%
2016 37.172.000 -19.19%
2017 109.658.000 66.1%
2018 76.623.000 -43.11%
2019 87.211.000 12.14%
2020 -32.667.000 366.97%
2021 60.564.000 153.94%
2022 132.170.000 54.18%
2023 195.516.000 32.4%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

H&E Equipment Services, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 0
2002 0 0%
2003 -1 100%
2004 -137 99.27%
2005 1 13800%
2006 1 0%
2007 2 100%
2008 1 0%
2009 0 0%
2010 -1 0%
2011 0 0%
2012 1 0%
2013 1 100%
2014 2 0%
2015 1 0%
2016 1 0%
2017 3 66.67%
2018 2 -50%
2019 2 0%
2020 -1 0%
2021 2 100%
2022 4 66.67%
2023 5 40%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

H&E Equipment Services, Inc. Free Cashflow
Year Free Cashflow Growth
2001 30.115.000
2002 25.319.000 -18.94%
2003 -13.727.000 284.45%
2004 -71.859.000 80.9%
2005 -135.159.000 46.83%
2006 -125.047.000 -8.09%
2007 -107.915.000 -15.88%
2008 -29.991.000 -259.82%
2009 38.385.000 178.13%
2010 -59.963.000 164.01%
2011 -85.283.000 29.69%
2012 -264.567.000 67.77%
2013 -158.292.000 -67.14%
2014 -243.408.000 34.97%
2015 1.051.000 23259.66%
2016 -25.625.000 104.1%
2017 -30.525.000 16.05%
2018 -204.349.000 85.06%
2019 -33.547.000 -509.14%
2020 150.989.000 122.22%
2021 -193.132.000 178.18%
2022 -202.648.000 4.7%
2023 -94.881.000 -113.58%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

H&E Equipment Services, Inc. Operating Cashflow
Year Operating Cashflow Growth
2001 30.115.000
2002 25.319.000 -18.94%
2003 19.344.000 -30.89%
2004 5.639.000 -243.04%
2005 35.904.000 84.29%
2006 117.729.000 69.5%
2007 104.094.000 -13.1%
2008 120.467.000 13.59%
2009 72.901.000 -65.25%
2010 17.938.000 -306.41%
2011 60.385.000 70.29%
2012 41.023.000 -47.2%
2013 138.652.000 70.41%
2014 158.318.000 12.42%
2015 206.620.000 23.38%
2016 176.979.000 -16.75%
2017 226.199.000 21.76%
2018 247.211.000 8.5%
2019 319.218.000 22.56%
2020 286.016.000 -11.61%
2021 259.572.000 -10.19%
2022 313.238.000 17.13%
2023 141.592.000 -121.23%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

H&E Equipment Services, Inc. Capital Expenditure
Year Capital Expenditure Growth
2001 0
2002 0 0%
2003 33.071.000 100%
2004 77.498.000 57.33%
2005 171.063.000 54.7%
2006 242.776.000 29.54%
2007 212.009.000 -14.51%
2008 150.458.000 -40.91%
2009 34.516.000 -335.91%
2010 77.901.000 55.69%
2011 145.668.000 46.52%
2012 305.590.000 52.33%
2013 296.944.000 -2.91%
2014 401.726.000 26.08%
2015 205.569.000 -95.42%
2016 202.604.000 -1.46%
2017 256.724.000 21.08%
2018 451.560.000 43.15%
2019 352.765.000 -28.01%
2020 135.027.000 -161.26%
2021 452.704.000 70.17%
2022 515.886.000 12.25%
2023 236.473.000 -118.16%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

H&E Equipment Services, Inc. Equity
Year Equity Growth
2001 29.899.000
2002 26.487.000 -12.88%
2003 -19.563.000 235.39%
2004 -33.300.000 41.25%
2005 -5.140.000 -547.86%
2006 235.584.000 102.18%
2007 288.078.000 18.22%
2008 290.207.000 0.73%
2009 278.882.000 -4.06%
2010 254.250.000 -9.69%
2011 264.207.000 3.77%
2012 48.636.000 -443.23%
2013 94.812.000 48.7%
2014 133.367.000 28.91%
2015 142.588.000 6.47%
2016 142.765.000 0.12%
2017 216.793.000 34.15%
2018 256.803.000 15.58%
2019 307.519.000 16.49%
2020 238.233.000 -29.08%
2021 303.382.000 21.47%
2022 401.042.000 24.35%
2023 488.134.000 17.84%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

H&E Equipment Services, Inc. Assets
Year Assets Growth
2001 287.129.000
2002 476.119.000 39.69%
2003 409.393.000 -16.3%
2004 408.669.000 -0.18%
2005 530.697.000 22.99%
2006 759.942.000 30.17%
2007 1.012.853.000 24.97%
2008 966.634.000 -4.78%
2009 763.084.000 -26.67%
2010 734.421.000 -3.9%
2011 753.305.000 2.51%
2012 942.399.000 20.07%
2013 1.090.340.000 13.57%
2014 1.358.804.000 19.76%
2015 1.301.087.000 -4.44%
2016 1.241.611.000 -4.79%
2017 1.467.717.000 15.41%
2018 1.727.181.000 15.02%
2019 1.974.610.000 12.53%
2020 1.980.484.000 0.3%
2021 2.080.447.000 4.8%
2022 2.291.699.000 9.22%
2023 2.589.134.000 11.49%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

H&E Equipment Services, Inc. Liabilities
Year Liabilities Growth
2001 257.230.000
2002 449.632.000 42.79%
2003 428.956.000 -4.82%
2004 441.969.000 2.94%
2005 535.837.000 17.52%
2006 524.358.000 -2.19%
2007 724.775.000 27.65%
2008 676.427.000 -7.15%
2009 484.202.000 -39.7%
2010 480.171.000 -0.84%
2011 489.098.000 1.83%
2012 893.763.000 45.28%
2013 995.528.000 10.22%
2014 1.225.437.000 18.76%
2015 1.158.499.000 -5.78%
2016 1.098.846.000 -5.43%
2017 1.250.924.000 12.16%
2018 1.470.378.000 14.93%
2019 1.667.091.000 11.8%
2020 1.742.251.000 4.31%
2021 1.777.065.000 1.96%
2022 1.890.657.000 6.01%
2023 2.101.000.000 10.01%

H&E Equipment Services, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
39.76
Net Income per Share
4.62
Price to Earning Ratio
10.68x
Price To Sales Ratio
1.25x
POCF Ratio
4.71
PFCF Ratio
-5.3
Price to Book Ratio
3.65
EV to Sales
2.34
EV Over EBITDA
12.65
EV to Operating CashFlow
8.89
EV to FreeCashFlow
-9.91
Earnings Yield
0.09
FreeCashFlow Yield
-0.19
Market Cap
1,80 Bil.
Enterprise Value
3,36 Bil.
Graham Number
37.47
Graham NetNet
-50.8

Income Statement Metrics

Net Income per Share
4.62
Income Quality
2.27
ROE
0.38
Return On Assets
0.06
Return On Capital Employed
0.11
Net Income per EBT
0.76
EBT Per Ebit
0.81
Ebit per Revenue
0.19
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.47
Operating Profit Margin
0.19
Pretax Profit Margin
0.15
Net Profit Margin
0.12

Dividends

Dividend Yield
0.02
Dividend Yield %
2.23
Payout Ratio
0.24
Dividend Per Share
1.1

Operating Metrics

Operating Cashflow per Share
10.48
Free CashFlow per Share
-9.4
Capex to Operating CashFlow
-1.9
Capex to Revenue
-0.5
Capex to Depreciation
-1.9
Return on Invested Capital
0.06
Return on Tangible Assets
0.07
Days Sales Outstanding
64.37
Days Payables Outstanding
56.75
Days of Inventory on Hand
64.2
Receivables Turnover
5.67
Payables Turnover
6.43
Inventory Turnover
5.69
Capex per Share
-19.87

Balance Sheet

Cash per Share
0,19
Book Value per Share
13,51
Tangible Book Value per Share
10.06
Shareholders Equity per Share
13.51
Interest Debt per Share
44.22
Debt to Equity
3.22
Debt to Assets
0.61
Net Debt to EBITDA
5.88
Current Ratio
1.85
Tangible Asset Value
0,36 Bil.
Net Current Asset Value
-1,69 Bil.
Invested Capital
3.22
Working Capital
0,19 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,24 Bil.
Average Payables
0,16 Bil.
Average Inventory
166295000
Debt to Market Cap
0.87

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

H&E Equipment Services, Inc. Dividends
Year Dividends Growth
2012 7
2014 1 0%
2015 1 100%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

H&E Equipment Services, Inc. Profile

About H&E Equipment Services, Inc.

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.

CEO
Mr. Bradley W. Barber
Employee
2.765
Address
7500 Pecue Lane
Baton Rouge, 70809

H&E Equipment Services, Inc. Executives & BODs

H&E Equipment Services, Inc. Executives & BODs
# Name Age
1 Ms. Leslie S. Magee
Chief Financial Officer & Secretary
70
2 Mr. Bradley W. Barber
Chief Executive Officer & Director
70
3 Mr. John McDowell Engquist
President & Chief Operating Officer
70
4 Mr. John Martindale Engquist
Executive Chairman
70
5 Mr. Jeffrey L. Chastain
Vice President of Investor Relations
70

H&E Equipment Services, Inc. Competitors