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H&E Equipment Services (HEES) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

H&E Equipment Services Revenue Highlights

Latest Revenue (Y)

$1.47B

Latest Revenue (Q)

$384.86M

Main Segment (Y)

Parts And Services

H&E Equipment Services Revenue by Period

H&E Equipment Services Revenue by Year

DateRevenueChange
2023-12-31$1.47B18.06%
2022-12-31$1.24B17.10%
2021-12-31$1.06B-9.09%
2020-12-31$1.17B-13.29%
2019-12-31$1.35B8.83%
2018-12-31$1.24B20.29%
2017-12-31$1.03B5.30%
2016-12-31$978.14M-5.93%
2015-12-31$1.04B-4.64%
2014-12-31$1.09B10.39%
2013-12-31$987.76M17.97%
2012-12-31$837.32M16.20%
2011-12-31$720.55M25.50%
2010-12-31$574.15M-15.53%
2009-12-31$679.73M-36.41%
2008-12-31$1.07B6.56%
2007-12-31$1.00B24.71%
2006-12-31$804.37M34.01%
2005-12-31$600.21M25.52%
2004-12-31$478.17M15.50%
2003-12-31$413.99M17.94%
2002-12-31$351.00M13.40%
2001-12-31$309.52M-

H&E Equipment Services generated $1.47B in revenue during NA 2023, up 18.06% compared to the previous quarter, and up 118.58% compared to the same period a year ago.

H&E Equipment Services Revenue by Quarter

DateRevenueChange
2024-09-30$384.86M2.28%
2024-06-30$376.28M1.33%
2024-03-31$371.36M-3.75%
2023-12-31$385.81M-3.72%
2023-09-30$400.70M11.23%
2023-06-30$360.23M11.71%
2023-03-31$322.48M-8.68%
2022-12-31$353.12M8.89%
2022-09-30$324.28M10.05%
2022-06-30$294.67M8.16%
2022-03-31$272.45M-3.13%
2021-12-31$281.25M2.11%
2021-09-30$275.44M-12.77%
2021-06-30$315.76M13.40%
2021-03-31$278.44M-11.77%
2020-12-31$315.60M9.11%
2020-09-30$289.26M3.92%
2020-06-30$278.34M-2.65%
2020-03-31$285.92M-17.87%
2019-12-31$348.13M-1.38%
2019-09-30$353.00M5.82%
2019-06-30$333.60M6.36%
2019-03-31$313.64M-9.35%
2018-12-31$345.97M7.40%
2018-09-30$322.14M3.79%
2018-06-30$310.36M19.15%
2018-03-31$260.48M-11.60%
2017-12-31$294.67M13.70%
2017-09-30$259.16M3.93%
2017-06-30$249.36M9.93%
2017-03-31$226.83M-7.17%
2016-12-31$244.35M-0.14%
2016-09-30$244.69M1.07%
2016-06-30$242.09M-1.99%
2016-03-31$247.01M-9.59%
2015-12-31$273.21M-1.32%
2015-09-30$276.85M5.52%
2015-06-30$262.36M15.37%
2015-03-31$227.41M-23.63%
2014-12-31$297.76M8.26%
2014-09-30$275.04M-1.90%
2014-06-30$280.38M18.19%
2014-03-31$237.23M-8.61%
2013-12-31$259.58M-4.02%
2013-09-30$270.45M10.23%
2013-06-30$245.34M15.52%
2013-03-31$212.39M-15.08%
2012-12-31$250.12M22.30%
2012-09-30$204.51M-2.16%
2012-06-30$209.02M20.36%
2012-03-31$173.66M-19.98%
2011-12-31$217.02M17.76%
2011-09-30$184.29M-0.02%
2011-06-30$184.34M36.64%
2011-03-31$134.91M-22.74%
2010-12-31$174.62M13.50%
2010-09-30$153.84M17.43%
2010-06-30$131.01M14.23%
2010-03-31$114.69M-16.69%
2009-12-31$137.67M-21.61%
2009-09-30$175.63M-2.56%
2009-06-30$180.24M-3.20%
2009-03-31$186.20M-28.91%
2008-12-31$261.91M-6.01%
2008-09-30$278.65M-1.41%
2008-06-30$282.64M15.01%
2008-03-31$245.77M-15.16%
2007-12-31$289.67M-

H&E Equipment Services generated $384.86M in revenue during Q3 2024, up 2.28% compared to the previous quarter, and up 106.84% compared to the same period a year ago.

H&E Equipment Services Revenue Breakdown

H&E Equipment Services Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19Dec 18
Parts And Services$34.23M$33.03M$64.25M$67.94M$63.49M
Other Revenues--$11.00M$62.63M-
New Equipment----$207.56M
Parts----$103.59M
Services----$53.53M
Used Equipment----$102.00M
Equipment Rentals----$506.62M

H&E Equipment Services's latest annual revenue breakdown by segment (product or service), as of Dec 22: Parts And Services (100.00%).

Quarterly Revenue by Product

Product/ServiceSep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18
Parts And Services$6.74M$7.13M$7.19M$8.59M$8.61M$8.89M$8.13M$8.34M$8.62M$14.98M$14.51M$16.14M$15.64M$15.66M$16.82M$17.54M$18.11M$16.73M$15.57M-
Other Revenues-------$1.53M$1.70M$3.05M$2.59M$2.90M--------
Used Equipment-------------------$30.29M
Parts-------------------$1.80M
Services-------------------$16.43M
New Equipment-------------------$68.23M
Equipment Rentals-------------------$156.04M

H&E Equipment Services's latest quarterly revenue breakdown by segment (product or service), as of Sep 23: Parts And Services (100.00%).

H&E Equipment Services Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
RRyder System$11.78B$3.17B
HRIHerc$3.28B$965.00M
AANAaron's Company$2.69B$625.96M
PRGPROG$2.41B$582.55M
ALTGAlta Equipment Group$1.88B$448.80M
CTOSCustom Truck One Source$1.87B$447.22K
HEESH&E Equipment Services$1.47B$384.86M
GATXGATX$1.41B$405.40M
FTAIMFTAI Aviation$1.17B$465.79M
MGRCMcGrath RentCorp$831.84M$266.76M
MPUMega Matrix$47.80K$6.92M

HEES Revenue FAQ

What is H&E Equipment Services’s yearly revenue?

H&E Equipment Services's yearly revenue for 2023 was $1.47B, representing an increase of 18.06% compared to 2022. The company's yearly revenue for 2022 was $1.24B, representing an increase of 17.10% compared to 2021. HEES's yearly revenue for 2021 was $1.06B, representing a decrease of -9.09% compared to 2020.

What is H&E Equipment Services’s quarterly revenue?

H&E Equipment Services's quarterly revenue for Q3 2024 was $384.86M, a 2.28% increase from the previous quarter (Q2 2024), and a -3.95% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $376.28M, a 1.33% increase from the previous quarter (Q1 2024), and a 4.46% increase year-over-year (Q2 2023). HEES's quarterly revenue for Q1 2024 was $371.36M, a -3.75% decrease from the previous quarter (Q4 2023), and a 15.16% increase year-over-year (Q1 2023).

What is H&E Equipment Services’s revenue growth rate?

H&E Equipment Services's revenue growth rate for the last 3 years (2021-2023) was 38.24%, and for the last 5 years (2019-2023) was 8.96%.

What are H&E Equipment Services’s revenue streams?

H&E Equipment Services's revenue streams in c 22 are Parts And Services

What is H&E Equipment Services’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of H&E Equipment Services was Parts And Services. This segment made a revenue of $34.23M, representing 100.00% of the company's total revenue.