Company / Interest Expense
HERC HOLDINGS INC Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
-$224.0M
FY2023
5-year range
-$224.0M / -$86.0M
FY2019-FY2023
Trend
-83.6%
vs FY2022
Sector context
#105 of 104
Information Technology
What the data says
Among 104 Information Technology companies, HERC HOLDINGS INC is in the top -1% for interest expense. Interest Expense has declined for 4 consecutive years, from $174M in FY2019 to -$224M in FY2023.
Based on SEC 10-K filings.
-$224M in FY2023.
Improved from -$86M to -$224M over the past 2 years.
Information Technology sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top -1% in Information TechnologyTop -1% of 104This company -$224.0M Sector average $141.0M
▼
-258.9% below sector average
Key checks
Key Insights
- HERC HOLDINGS INC's interest expense has declined for 4 consecutive years.
- In FY2023, interest expense decreased 83.6% year-over-year.
- Ranks #105 out of 104 companies in the Information Technology sector.
- Peak interest expense was recorded in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.40 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | -$224.0M | -83.6% |
| FY2022 | -$122.0M | -41.9% |
| FY2021 | -$86.0M | -192.9% |
| FY2020 | $92.6M | -46.6% |
| FY2019 | $173.5M | +26.6% |
| FY2018 | $137.0M | +197.9% |
| FY2017 | -$140.0M | -66.3% |
| FY2016 | -$84.2M | -155.9% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026