Herc Holdings Inc. · NYSE:HRI
Herc — Barclays Industrial Select Conference 2023
9 slides from Herc's conference presentation, Feb 23, 2023
Slide 1: Shifting Into High Gear
Shifting Into High Gear Larry Silber President and CEO Mark Irion SVP and CFO Barclays Industrial Select Conference Miami Beach, FL February 23, 2023 ©2022 Herc Rentals Inc. All Rights Reserved.
Slide 2: Safe Harbor Statements and Non-GAAP Financial Measures
Safe Harbor Statements and Non-GAAP Financial Measures Forward-Looking Statements Information Regarding Non-GAAP Financial Measures This presentation includes forward-looking statements as that term is defined by the federal In addition to results calculated according to accounting principles genera
Slide 3: Herc Rentals: A Leading Full-Line Equipment Rental Supplier
Herc Rentals: A Leading Full-Line Equipment Rental Supplier We equip our customers and communities to build a brighter future NYSE: HRI 3 ©2022 Herc Rentals Inc. All Rights Reserved.
Slide 4: Herc Rentals: A Leading Full-Line Equipment Rental Supplier
Herc Rentals: A Leading Full-Line Equipment Rental Supplier 57 Years serving customers ~3,200 Equipment categories 356 Locations in 42 states and five Canadian provinces 1 6,600 Employees serving North America $63 billion addressable market 2 (1) Location count as of December 31, 2022 (2) ARA estima
Slide 5: Executing On Our Strategy and Shifting Into High Gear
Executing On Our Strategy and Shifting Into High Gear Grow the Expand Elevate Integrate Allocate Core Specialty Technology ESG Capital • Core fleet growth of 28% • Increased high-margin • Ongoing investment in • Improved Safety Total • Net leverage of 2.4x in 2022 specialty fleet to 24% of technolog
Slide 6: 2022: An Exceptional Year of Growth
2022: An Exceptional Year of Growth $ in millions $ in millions $ in millions +34% +32% +37% Earnings Per Diluted Share Adjusted EBITDA Margin¹ ROIC2 +48% +160 bps +120 bps 1. For a reconciliation to the most comparable GAAP financial measure, see the Appendix of our Q4 2022 earnings presentation. 2
Slide 7: 2023 Outlook – Outperforming Market Growth
2023 Outlook – Outperforming Market Growth Metric 2022 Actual 2023 Guidance % Change over 2022 Adjusted EBITDA $1,227.2 million $1.45 billion to $1.55 billion 18% to 26% Net Rental Equipment $1,047.4 million $1.0 billion to $1.2 billion (5)% to 15% Expenditures Key Assumptions: • Above-market revenu
Slide 8: HRI Investment Highlights
HRI Investment Highlights Diverse, Market leader Attractive long Investing to flexible Disciplined with in-depth term industry sustain business capital industry growth profitable model management experience dynamics growth provides resiliency NYSE: HRI 8 ©2022 Herc Rentals Inc. All Rights Reserved.
Slide 9: Investor Contact
Investor Contact: Leslie Hunziker Senior Vice President, Investor Relations and Communications leslie.hunziker@hercrentals.com NYSE: HRI 9 ©2022 Herc Rentals Inc. All Rights Reserved.
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