H&E Rentals

H&E Rentals

Equipment rentals, sales, parts, and maintenance

Overview

H&E Rentals provides heavy construction and industrial equipment through a network of branches across the United States. The company operates as a one-stop shop by renting machinery, selling new and used equipment, providing replacement parts, and performing maintenance services. Unlike specialized rental shops, H&E integrates the entire equipment lifecycle into a single business model to support customers in the construction, industrial, and energy sectors. Its goal is to fulfill every equipment-related need for its clients, from the initial rental or purchase to long-term repairs and parts replacement.

About H&E Rentals

Simplify's Rating
Why H&E Rentals is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Hardware

Industrial & Manufacturing

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Baton Rouge, Louisiana

Founded

1961

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Simplify's Take

What believers are saying

  • Herc’s Q2 2026 rental revenue reached $1.072 billion, driven by H&E integration.
  • H&E’s branches expanded Herc’s network by roughly 30% and added about 2,500 employees.
  • Mega-project demand in energy, data centers, and manufacturing keeps H&E-origin assets busy.

What critics are saying

  • H&E no longer exists independently; Herc absorbed it on June 2, 2025.
  • Herc is disposing excess H&E fleet through 2026, shrinking local availability and utilization.
  • Brand dilution and branch rationalization erase H&E’s standalone employer identity by 2026.

What makes H&E Rentals unique

  • H&E built a 145-location branch network before Herc closed the deal on June 2, 2025.
  • Its fleet mix spans aerial, earthmoving, material handling, and specialty rentals across industrial end-markets.
  • H&E’s younger fleet gave Herc a cleaner asset base and faster integration leverage.

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Funding

Total Funding

$4.8B

Above

Industry Average

Funded Over

0 Rounds

Benefits

Paid Vacation

401(k) Retirement Plan

401(k) Company Match

Stock Price

Company News

Halley Evans
Jun 11th, 2025
H&E Construction & Design Group Presenting at Risk Control Seminar on June 12th

H&E construction & design group presenting at Risk Control Seminar on June 12th.

Business Wire
Mar 20th, 2025
Herc Holdings and H&E Equipment Services Enter into Definitive Merger Agreement

Herc Holdings Inc. (NYSE: HRI) (“Herc” or “the Company”), one of North America’s leading equipment rental suppliers, and H&E Equipment Services, Inc. d/b/a H...

Business Wire
Jan 16th, 2025
United Rentals to Acquire H&E Equipment Services, Inc.

United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) and H&E Equipment Services, Inc. d/b/a H&E Rentals (NASDAQ: HEES) (“H&

Investor's Business Daily
Jan 14th, 2025
S&P 500 Stock Pauses Share Repurchase Plan After $4.8 Billion Acquisition

S&P 500 equipment rental leader United Rentals (URI) announced early Tuesday it has agreed to acquire H&E Equipment Services (HEES) for $4.8 billion, including $1.4 billion in debt.

Fishman Haygood
May 6th, 2024
H&E Equipment Acquires Lewistown Rental

HE Equipment Services has acquired Montana-based Lewistown Rental and its affiliates in Glasgow, Great Falls, and Havre, expanding its presence in Montana. The acquisition supports HE's shift to focus on equipment rental, its fastest-growing segment. Legal counsel was provided by Fishman Haygood LLP, with a team led by Scott Chenevert and others.

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