HRI vs UHAL: Herc and U-Haul Holding compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- U-Haul Holding is the larger company, worth $11.1B, about 2.9 times Herc.
- Herc grew revenue faster over the last year (+20.2% vs -0.2%).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | HRI | UHAL |
|---|---|---|
| Market cap | $3.9B | $11.1B |
| Share price | $123.46 | $57.39 |
| Revenue (last fiscal year) | $4.4B | $37M |
| Free cash flow (last fiscal year) | $928M | -$1.4B |
| Revenue growth, last year | +20.2% | -0.2% |
| Revenue growth per year, last 5 fiscal years | +20.5% | +1.2% |
| Operating margin | — | 1155.2% |
| Net margin | 1.0% | 373.5% |
| Return on equity | 2.6% | 1.8% |
| P/E (trailing) | — | 123.9x |
| Price / free cash flow | — | — |
| EV / EBITDA | 38.5x | 9.24x |
| FCF growth the price implies | -16.8% | — |
| Dividend yield | 2.3% | — |
| Debt / equity | 6.26x | 1.83x |
| Fundamental grade | C | D |
| Superinvestors holding it | 8 | 6 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Herc
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $2.1B | $696M | — |
| 2022 | $2.7B | $813M | — |
| 2023 | $3.3B | $930M | — |
| 2024 | $3.6B | $1.1B | — |
| 2025 | $4.4B | $928M | — |
U-Haul Holding
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2022 | $35M | -$190M | 4677.1% |
| 2023 | $37M | -$994M | 3899.3% |
| 2024 | $37M | -$1.5B | 2642.4% |
| 2025 | $37M | -$2.0B | 1945.5% |
| 2026 | $37M | -$1.4B | 1173.2% |
Where the revenue comes from
Herc · by products, 2025
Sales of rental equipment$509M59%
Equipment rental$256M30%
Sales of new equipment, parts and supplies$63M7%
Service and other revenue$34M4%
U-Haul Holding · by segments, 2026
Moving and Storage Operating Segment$5.7B94%
Life Insurance$222M4%
Property and Casualty Insurance$141M2%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open HRI in InvestinglyQuestions
Which is bigger, Herc or U-Haul Holding?
U-Haul Holding (UHAL), at $11.1B against $3.9B.
Which grows faster, HRI or UHAL?
Herc: revenue grew +20.2% over the last year, against -0.2%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.