Company Quick10K Filing
H&E Equipment Services
10-Q 2020-03-31 Filed 2020-05-08
10-K 2019-12-31 Filed 2020-02-20
10-Q 2019-09-30 Filed 2019-10-25
10-Q 2019-06-30 Filed 2019-07-25
10-Q 2019-03-31 Filed 2019-04-26
10-K 2018-12-31 Filed 2019-02-21
10-Q 2018-09-30 Filed 2018-10-25
10-Q 2018-06-30 Filed 2018-07-26
10-Q 2018-03-31 Filed 2018-04-27
10-K 2017-12-31 Filed 2018-02-22
10-Q 2017-09-30 Filed 2017-10-26
10-Q 2017-06-30 Filed 2017-07-27
10-Q 2017-03-31 Filed 2017-04-27
10-K 2016-12-31 Filed 2017-02-23
10-Q 2016-09-30 Filed 2016-10-27
10-Q 2016-06-30 Filed 2016-07-28
10-Q 2016-03-31 Filed 2016-04-28
10-K 2015-12-31 Filed 2016-02-25
10-Q 2015-09-30 Filed 2015-10-29
10-Q 2015-06-30 Filed 2015-07-30
10-Q 2015-03-31 Filed 2015-04-30
10-K 2014-12-31 Filed 2015-02-26
10-Q 2014-09-30 Filed 2014-10-30
10-Q 2014-06-30 Filed 2014-07-31
10-Q 2014-03-31 Filed 2014-05-01
10-K 2013-12-31 Filed 2014-02-28
10-Q 2013-09-30 Filed 2013-11-01
10-Q 2013-06-30 Filed 2013-08-01
10-Q 2013-03-31 Filed 2013-05-02
10-K 2012-12-31 Filed 2013-03-05
10-Q 2012-09-30 Filed 2012-11-01
10-Q 2012-06-30 Filed 2012-08-02
10-Q 2012-03-31 Filed 2012-05-03
10-K 2011-12-31 Filed 2012-03-02
10-Q 2011-09-30 Filed 2011-11-03
10-Q 2011-06-30 Filed 2011-08-04
10-Q 2011-03-31 Filed 2011-05-05
10-K 2010-12-31 Filed 2011-03-03
10-Q 2010-09-30 Filed 2010-11-05
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-07
10-K 2009-12-31 Filed 2010-03-05
8-K 2020-05-19 Regulation FD, Exhibits
8-K 2020-05-19 Shareholder Vote, Exhibits
8-K 2020-05-08 Earnings, Other Events, Exhibits
8-K 2020-02-20 Earnings, Other Events, Exhibits
8-K 2020-02-14 Regulation FD, Exhibits
8-K 2019-11-12 Regulation FD, Exhibits
8-K 2019-10-24 Earnings, Other Events, Exhibits
8-K 2019-09-11 Regulation FD
8-K 2019-08-29 Amend Bylaw, Exhibits
8-K 2019-08-14 Regulation FD, Exhibits
8-K 2019-07-25 Earnings, Other Events, Exhibits
8-K 2019-05-15 Regulation FD
8-K 2019-05-10 Shareholder Vote
8-K 2019-05-10 Regulation FD, Exhibits
8-K 2019-04-25 Earnings, Other Events, Exhibits
8-K 2019-03-06 Regulation FD
8-K 2019-02-21 Earnings, Other Events, Exhibits
8-K 2019-02-08 Regulation FD, Exhibits
8-K 2019-02-01 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-11-07 Regulation FD, Exhibits
8-K 2018-11-06 Officers, Other Events, Exhibits
8-K 2018-10-25 Earnings, Other Events, Exhibits
8-K 2018-08-15 Regulation FD
8-K 2018-08-07 Regulation FD, Exhibits
8-K 2018-07-26 Earnings, Other Events, Exhibits
8-K 2018-05-15 Shareholder Vote
8-K 2018-05-15 Regulation FD, Exhibits
8-K 2018-05-08 Regulation FD
8-K 2018-04-26 Earnings, Other Events, Exhibits
8-K 2018-03-09 Regulation FD
8-K 2018-02-22 Earnings, Other Events, Exhibits
8-K 2018-02-16 Regulation FD, Exhibits

H&E Equipment Services Financials

HEES Metrics, Comps, Filings

Quarterly | Annual

Business

We are one of the largest integrated equipment services companies in the United States focused on heavy construction and industrial equipment. We rent, sell and provide parts and services support for four core categories of specialized equipment: (1) hi-lift or aerial work platform equipment; (2) cranes; (3) earthmoving equipment; and (4) industrial lift trucks. We engage in five principal business activities in these equipment categories:

By providing rental, sales, parts, repair and maintenance functions under one roof, we offer our customers a one-stop solution for their equipment needs. This full-service approach provides us with (1) multiple points of customer contact; (2) cross-selling opportunities among our rental, new and used equipment sales, parts sales and services operations; (3) an effective method to manage our rental fleet through efficient maintenance and profitable distribution of used equipment; and (4) a mix of business activities that enables us to operate effectively throughout economic cycles. We believe that the operating experience and extensive infrastructure we have developed throughout our history as an integrated equipment services company provide us with a competitive advantage over rental-focused companies and equipment distributors. In addition, our focus on four core categories of heavy construction and industrial equipment enables us to offer specialized knowledge and support to our customers.

We have operated, through our predecessor companies, as an integrated equipment services company for approximately 58 years and have built an extensive infrastructure that as of February 14, 2019 includes 96 full-service facilities located throughout the West Coast, Intermountain, Southwest, Gulf Coast, Southeast and Mid-Atlantic regions of the United States. Our management, from the corporate level down to the branch store level, has extensive industry experience. We focus our rental and sales activities on, and organize our personnel principally by, our four core equipment categories. We believe this allows us to provide specialized equipment knowledge, improve the effectiveness of our rental and sales forces and strengthen our customer relationships. In addition, we operate our day-to-day business on a branch basis, which we believe allows us to more closely service our customers, fosters management accountability at local levels and strengthens our local and regional relationships.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Willscot (WSC) 1,784 39% 45.5 -1% 2,811 2,127 1,051 415 -31 77 3,492
Advanced Credit Technologies (ACT) 1,672 0% -2,902.0 -119% 1 0 0 0 -1 -1 1,672
TH Merger Company (CSA) 1,667 0% 152.9 -5% 692 530 139 0 -31 11 1,650
Herc Holdings (HRI) 1,367 0% 77.2 1% 3,903 3,310 2,003 0 46 46 3,512
Fortress Transportation & Infrastructure Investors (FTAI) 1,325 0% 11.7 1% 3,135 2,029 584 0 41 238 2,777
Energy Fuels (EFR) 1,277 19% -45.1 -16% 181 47 8 2 -30 -28 1,243
Railamerica (RA) 1,105 0% 18.0 -0% 1,669 1,004 590 0 -5 94 1,695
H&E Equipment Services (HEES) 1,032 28% 5.5 4% 2,069 1,775 1,346 371 90 186 1,021
Pep Boys Manny Moe & Jack (PBY) 885 23% 16.0 0% 1,492 945 2,079 479 0 63 1,008
Crimson Exploration (GULF) 782 0% 12.0 0% 371 294 120 0 0 85 1,012
Dusa Pharmaceuticals (DUSA) 551 85% 121.8 9% 42 11 54 46 4 4 522
AG Mortgage Investment Trust (MITT) 513 5.5 0% 4,749 3,915 0 0 20 119 656
Digital River (DRIV) 470 81% 9.2 0% 734 378 386 312 0 26 236
Amneal Pharmaceuticals (AMRX) 426 25% -85.4 -12% 3,704 3,308 1,727 436 -427 -33 2,845
Pinnacle Foods (CIK) 378 29% 3.3 9% 6,435 4,004 3,154 911 604 930 3,055
Cellect Biotechnology (APOP) 346 0% 21 0 0 0 0 345
Fly Leasing (FLY) 344 0% -9.7 -0% 4,226 3,524 454 0 -7 -7 63
Fronteo (FTEO) 280 0% 13,843 8,825 0 0 0 0 -282
Integrated Biopharma (INB) 277 13% 95.7 9% 20 17 51 6 2 3 285
First California Financial Group (FCAL) 248 6.4 0% 1,737 1,504 0 0 7 31 198

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash652434393471856516512975107857616638105176711
Accounts Receivable
Inventory801541421181121691511621341621401039798115745492948375149163113105142128107
PP&E15417410099108198111111114218109108107224104105101233103112113258119122128
Assets7317357537878599409421,0171,0631,0751,0901,1611,2301,3191,3591,3461,3571,3331,3011,2751,3041,2921,2421,2631,2921,3021,4681,5171,7001,7241,7272,0062,0602,069
Accounts Payable
Long-Term Debt
Liabilities4814784895185809038949629979959961,0581,1111,1931,2251,2141,2221,1931,1581,1361,1661,1521,0991,1221,1511,1621,2511,3001,4701,4841,4701,7441,7851,775
Stockholders' Equity25125626426827937160153165169166165186204217215220214212216226229220220141140217218229240257262276294
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue184184217174209205250212245270260237284275298227262277273247242245244227249259295260310322346314334353
Cost of Revenue137131161121145138177148170190615164191184166151176184259166160157160149162165194168202207200209221
Gross Profit4854565364677364758082738991295768693908182882478879410193108115114125132
R&D
SG&A383939414342454647125-107495252206535455585957565657605560666970797877
Tax13-02620257151012-048119458436004785810
Net Income3584104115121415716151761115126812125108869212125142328
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating2243-12303199-34129-34165518633611514544238316264702833399673
Cash Investing-21-27-15-78-79-410-5960-1453-121152-3313-33-21-427-42-70-10-3-63-51-26-146-112-133-103-79
Cash Financing-22649762764634-3321-38830-3-15-18-753-625-57-13-14116-107584710