H&E Equipment Services, Inc. Financial Ratios — HEES Stock

Profitability (USD)

	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Return on Common Equity (%)	-22.29	8.43	- -	- -	- -	- -	- -	- -	109.31	61.45	-46.24	107.23	76.37	59.66	31.57
Return on Assets (%)	-3.4	1.2	3.4	4.34	4.5	3.33	2.93	8.09	4.8	3.74	-2.35	5.05	6.05	6.87	4.53
Return on Capital (%)	- -	8.23	10.88	12.68	11.23	9.14	9.04	- -	11.2	9.05	- -	9.55	10.92	18.35	25.62
Return on Invested Capital (%)	- -	5.58	8.96	9.72	9.01	7.36	7.09	- -	9.18	7.76	- -	5.5	8.84	15.43	18.64
Gross Margin (%)	23.68	26.74	30.73	30.56	31.91	33.25	34.31	34.94	35.4	39.4	35.46	39.08	44.61	46.59	44.52
EBITDA Margin (%)	13.92	19.26	24.38	25.48	28.24	30	30.38	31.1	32.01	38.47	35.6	36.46	41.16	45.43	43.1
Operating Margin (%)	-2.15	5.46	10.47	11.42	12.97	12.07	10.99	12.34	12.93	13.87	9.05	11.72	16.98	18.99	14.48
Incremental Operating Margin (%)	- -	35.31	41.37	16.7	27.94	31.54	29.22	37.86	15.85	3.81	55.38	59.84	47.74	30.13	-125.37
Pretax Margin (%)	-7.03	1.68	5.31	6.6	8.5	7.28	6.03	5.76	8.45	8.18	-5.94	7.69	14.52	15.19	10.72
Profit Margin (%)	-4.43	1.24	3.44	4.47	5.06	4.26	3.8	10.65	6.18	6.16	-4.61	9.65	10.62	11.52	8.11
Net Income to Common Margin (%)	-4.43	1.24	3.44	4.47	5.06	4.26	3.8	10.65	6.18	6.16	-4.61	9.65	10.62	11.52	8.11
Effective Tax Rate (%)	- -	26.48	35.12	32.25	40.51	41.45	37.03	- -	26.79	24.73	- -	25.89	26.03	24.15	24.34
Dvd Payout Ratio (%)	- -	- -	847.49	1.94	33.23	83.77	105.1	35.72	51.26	56.93	-85.34	65.63	29.81	23.65	32.7
Sustainable Growth Rate (%)	-22.29	8.43	- -	- -	- -	- -	- -	- -	53.28	26.47	-85.7	36.86	53.6	45.55	21.25

Credit (USD)

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	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Total Debt	250	269	681	733	891	814	792	946	1,116	1,322	1,395	1,395	1,412	368	244
ST Debt	- -	16	158	102	260	185	163	- -	171	217	- -	- -	- -	182	- -
LT Debt	250	253	524	631	631	629	629	946	946	1,105	1,395	1,395	1,412	187	244
Total Debt/EBITDA	3.13	1.94	3.34	2.91	2.89	2.61	2.67	2.95	2.81	3.06	3.89	3.6	2.76	0.55	0.37
Net Debt/EBITDA	2.76	1.74	3.28	2.83	2.83	2.58	2.63	2.43	2.77	2.66	2.59	2.28	2.26	2.12	-0.03
Total Debt/EBIT	-20.26	6.83	7.77	6.5	6.3	6.49	7.37	7.44	6.97	8.48	15.3	11.2	6.68	1.32	1.11
Net Debt/EBIT	-17.9	6.15	7.64	6.33	6.17	6.41	7.28	6.12	6.86	7.37	10.18	7.09	5.49	5.07	-0.07
EBITDA to Interest Expense	2.75	4.83	5.74	4.9	5.88	5.77	5.54	5.83	6.23	6.33	5.8	7.21	9.48	10.96	8.96
EBITDA-CapEx/Interest Expense	0.07	-0.24	-2.85	-0.88	-1.79	1.97	1.76	1.16	-0.86	1.17	3.62	-1.21	-0.07	-1.29	2.77
EBIT to Interest Expense	-0.42	1.37	2.47	2.19	2.7	2.32	2.01	2.31	2.52	2.28	1.48	2.32	3.91	4.58	3.01
Interest Expense	29	29	36	51	52	54	54	55	64	68	62	54	54	61	73
Common Equity/Total Assets	13.82	14.65	-11.32	-5.73	-1.84	-1.38	-1.6	3.51	5.14	6.91	3.24	6.11	9.56	13.2	15.41
Long-Term Debt/Equity (%)	98.33	95.61	1,076.39	665.34	472.99	441.28	440.87	436.16	368.18	359.45	585.66	459.91	352.1	34.96	39.14
Long-Term Debt/Capital (%)	71.13	66.64	91.11	94.04	72.87	79.03	81.5	94.84	78.47	75.78	95.6	91.65	86.57	26.06	36.13
Long-Term Debt/Total Assets (%)	34.04	33.53	55.55	57.86	46.42	48.42	50.69	64.42	54.74	55.98	70.45	67.07	61.62	7.08	8.72
Total Debt/Equity (%)	98.33	101.69	1,400.67	773.41	667.88	570.92	554.8	436.16	434.68	429.98	585.66	459.91	352.1	68.96	39.14
Total Debt/Capital (%)	71.13	70.88	118.56	109.32	102.89	102.25	102.57	94.84	92.64	90.65	95.6	91.65	86.57	51.4	36.13
Total Debt/Total Assets (%)	34.04	35.66	72.29	67.25	65.55	62.64	63.79	64.42	64.63	66.96	70.45	67.07	61.62	13.96	8.72
Net Debt to Equity	86.86	91.53	1,377.35	752.44	654.41	564.57	548.22	358.96	427.9	373.37	389.44	290.94	289.27	265.02	-2.64
Net Debt/Capital (%)	68.52	68.15	118.42	109.22	102.7	102.03	102.37	93.63	92.47	79.49	80.78	75.76	74.85	199.91	-2.49
EBITDA	80	139	204	252	308	312	297	320	397	432	358	388	512	667	654
EBITDA-CapEx	2	-7	-101	-45	-94	106	95	64	-55	80	223	-65	-4	-78	202
Operating Income (Loss)	-12	39	88	113	141	126	107	127	160	156	91	125	211	279	220

Liquidity (USD)

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	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Cash Ratio	0.17	0.14	0.03	0.06	0.03	0.02	0.03	0.95	0.05	0.04	1.89	2.03	0.41	0.02	- -
Current Ratio	1.23	1.11	0.79	0.96	0.68	0.68	0.7	2.4	0.89	0.78	3.79	3.34	2.07	1.05	- -
Quick Ratio	0.76	0.74	0.51	0.55	0.39	0.42	0.51	1.97	0.6	0.55	2.8	2.92	1.53	0.73	- -
CFO/Avg Current Liab	0.11	0.35	0.18	0.49	0.43	0.5	0.54	0.98	0.92	0.87	1.06	1.52	1.66	1.48	2.84
Common Equity/Total Assets	13.82	14.65	-11.32	-5.73	-1.84	-1.38	-1.6	3.51	5.14	6.91	3.24	6.11	9.56	13.2	15.41
Long-Term Debt/Equity (%)	98.33	95.61	1,076.39	665.34	472.99	441.28	440.87	436.16	368.18	359.45	585.66	459.91	352.1	34.96	39.14
Long-Term Debt/Capital (%)	71.13	66.64	91.11	94.04	72.87	79.03	81.5	94.84	78.47	75.78	95.6	91.65	86.57	26.06	36.13
Long-Term Debt/Total Assets (%)	34.04	33.53	55.55	57.86	46.42	48.42	50.69	64.42	54.74	55.98	70.45	67.07	61.62	7.08	8.72
Total Debt/Equity (%)	98.33	101.69	1,400.67	773.41	667.88	570.92	554.8	436.16	434.68	429.98	585.66	459.91	352.1	68.96	39.14
Total Debt/Capital (%)	71.13	70.88	118.56	109.32	102.89	102.25	102.57	94.84	92.64	90.65	95.6	91.65	86.57	51.4	36.13
Total Debt/Total Assets (%)	34.04	35.66	72.29	67.25	65.55	62.64	63.79	64.42	64.63	66.96	70.45	67.07	61.62	13.96	8.72
CFO/Total Liabilities	3.74	12.35	4.59	13.93	12.92	17.86	16.11	18.08	16.81	19.15	16.42	14.61	16.57	19.26	22.81
CFO/CapEx	0.23	0.41	0.13	0.47	0.39	1.01	0.87	0.88	0.55	0.9	2.12	0.57	0.61	0.54	1.1
Altman's Z-Score	1.17	1.59	1.22	1.6	1.33	1.24	1.33	1.81	1.4	1.32	1.37	1.58	1.66	1.69	1.51

Working Capital (USD)

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	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Accounts Receivable Turnover	- -	13.36	6.71	7.27	7.56	6.85	6.92	6.65	6.75	5.9	6.05	7.12	6.76	6.45	12.68
Days Sales Outstanding	- -	27.33	54.4	50.24	48.3	53.32	52.78	54.92	54.08	61.89	60.38	51.26	53.98	56.59	28.79
Inventory Turnover	5.24	7.69	7.99	7.16	6.05	6.01	8.53	10.4	8.91	7.16	10.21	11.05	7.53	7.21	15.31
Days Inventory Outstanding	69.61	47.47	45.66	50.98	60.38	60.69	42.81	35.11	40.95	50.94	35.77	33.03	48.48	50.64	23.84
Accounts Payable Turnover	9.52	8.58	12	13.81	12.63	10.94	11.29	10.7	8.66	8.24	9.04	7.97	6.41	7.32	11.2
Accounts Payable Turnover Days	38.36	42.55	30.41	26.42	28.9	33.37	32.33	34.12	42.13	44.31	40.37	45.8	56.9	49.86	32.59
Cash Conversion Cycle	31.25	32.25	69.65	74.79	79.78	80.64	63.27	55.92	52.89	68.52	55.78	38.49	45.56	57.37	20.04
Inventory to Cash Days	-69.61	-20.14	8.74	-0.74	-12.07	-7.36	9.97	19.82	13.13	10.94	24.61	18.23	5.5	5.94	4.95
Inventories	72	65	80	112	134	97	54	75	105	85	42	75	108	110	- -
Raw Materials	- -	13	16	16	19	19	16	17	18	18	10	13	13	12	11
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	53	64	95	115	77	38	58	87	68	32	63	95	98	2
Other Inventory	72	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-13

Enterprise Value (USD)

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	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Market Capitalization	112	130	349	688	663	436	624	1,145	598	1,025	967	1,488	1,558	1,849	1,776
- Cash & Cash Equivalents	29	24	9	18	16	7	8	166	17	14	311	357	81	8	16
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	250	269	681	733	891	814	792	946	1,116	1,322	1,395	1,395	1,412	368	244
Enterprise Value	332	374	1,021	1,404	1,538	1,243	1,408	1,925	1,698	2,333	2,051	2,526	2,889	2,209	2,003
Total Capital	351	379	575	671	866	796	772	997	1,205	1,459	1,459	1,522	1,631	717	674
Total Debt/Capital (%)	71.13	70.88	118.56	109.32	102.89	102.25	102.57	94.84	92.64	90.65	95.6	91.65	86.57	51.4	36.13
Total Debt / EV	0.75	0.72	0.67	0.52	0.58	0.65	0.56	0.49	0.66	0.57	0.68	0.55	0.49	0.17	0.12
EV/Sales	0.58	0.52	1.22	1.42	1.41	1.2	1.44	1.87	1.37	2.08	2.04	2.38	2.32	1.5	1.32
EV/EBITDA	4.16	2.7	5	5.58	5	3.99	4.74	6.01	4.28	5.4	5.72	6.52	5.64	3.31	3.06
EV/EBIT	- -	9.52	11.65	12.45	10.87	9.91	13.1	15.14	10.6	14.97	22.5	20.28	13.67	7.92	9.12
EV/Cash Flow to Firm	9.17	4.59	15.93	8.09	8.12	5.22	6.68	5.87	5.78	6.29	6.14	8.44	8.18	4.89	3.64
EV/Free Cash Flow to Firm	2.91	1.65	2.76	2.98	2.6	2.8	3.41	3.29	2.28	3.22	4.37	3.36	3.32	1.84	2
Diluted Market Cap	112	130	349	690	665	437	626	1,151	602	1,030	967	1,496	1,564	1,861	1,787
Diluted Enterprise Value	332	375	1,022	1,406	1,540	1,244	1,410	1,931	1,702	2,338	2,051	2,534	2,895	2,221	2,015
EV per Share	9.59	10.77	29.26	40.05	43.75	35.25	39.79	54.19	47.59	65.06	56.88	69.67	80.36	61.19	55.23
TTM Sales	574	721	837	988	1,090	1,040	978	1,030	1,239	1,124	1,007	1,063	1,245	1,469	1,517
TTM EBITDA	80	139	204	252	308	312	297	320	397	432	358	388	512	667	654
TTM Operating Income	-12	39	88	113	141	126	107	127	160	156	91	125	211	279	220
TTM Cash Flow to Firm	36	82	64	173	189	238	211	328	294	371	334	299	353	452	551
TTM Free Cash Flow to Firm	114	227	370	470	591	444	413	584	745	723	469	752	869	1,198	1,002

Multiples (USD)

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	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Price/Free Cash Flow	1.16	0.63	1.01	1.58	1.19	1.06	1.65	2.38	0.86	1.53	2.3	2.1	1.89	1.62	1.89
EV/EBIT	- -	9.52	11.65	12.45	10.87	9.91	13.1	15.14	10.6	14.97	22.5	20.28	13.67	7.92	9.12
Enterprise Value	332	374	1,021	1,404	1,538	1,243	1,408	1,925	1,698	2,333	2,051	2,526	2,889	2,209	2,003
Low Price	4.29	4.42	8.18	14.79	26.3	13.47	10.12	17.44	18.12	19.55	9.12	26.36	26.12	32.33	40.92
EV/Sales	0.58	0.52	1.22	1.42	1.41	1.2	1.44	1.87	1.37	2.08	2.04	2.38	2.32	1.5	1.32
EV/EBITDA	4.16	2.7	5	5.58	5	3.99	4.74	6.01	4.28	5.4	5.72	6.52	5.64	3.31	3.06
Price/Earnings	- -	14.56	12.09	15.58	12.03	9.85	16.79	10.44	7.81	14.81	- -	14.51	11.79	10.92	14.44
Price/Earnings Average	-3.73	14.36	7.37	12.05	15.13	11.24	12.05	6.48	12.84	12.35	-14.56	11.77	9.41	9.24	15.12
Price/Earnings High	-11.07	51.64	19.61	25.34	27.02	22.74	23.13	13.22	20.6	19.62	-26.27	17.93	12.83	12.04	19.52
Price/Earnings Low	-5.84	17.21	9.9	11.74	16.77	10.72	9.64	5.65	8.44	10.13	-7.09	9.32	7.1	6.89	12.07
Price/Book Value	1.1	1.18	-3.27	-11.01	-26.49	-24.39	-31.49	22.25	6.74	7.51	15.06	11.71	7.11	5.31	4.12
Price/Book Value Average	0.94	1.16	-1.99	-8.51	-33.31	-27.84	-22.61	13.8	11.09	6.26	10.52	9.5	5.68	4.49	4.32
Price/Book Value High	2.78	4.18	-5.3	-17.9	-59.49	-56.32	-43.39	28.17	17.79	9.95	18.98	14.47	7.74	5.85	5.57
Price/Book Value Low	1.47	1.39	-2.68	-8.29	-36.92	-26.56	-18.08	12.03	7.29	5.14	5.12	7.52	4.28	3.35	3.45
Price/Tangible Book Value	0.51	0.56	21.05	10.81	6.49	3.92	5.59	6.17	4.88	7.16	6.62	6.91	5.86	4.7	2.85
Price/Tangible Book Value Average	0.43	0.56	12.84	8.36	8.17	4.47	4.02	3.83	8.02	5.97	4.62	5.61	4.68	3.98	2.99
Price/Tangible Book Value High	1.28	2	34.15	17.58	14.58	9.04	7.71	7.81	12.88	9.48	8.34	8.54	6.38	5.18	3.86
Price/Tangible Book Value Low	0.68	0.67	17.23	8.15	9.05	4.27	3.21	3.34	5.27	4.9	2.25	4.44	3.53	2.97	2.38
Price/Sales	0.19	0.18	0.42	0.7	0.61	0.42	0.64	1.11	0.48	0.91	0.96	1.4	1.25	1.26	1.17
Price/Sales Average	0.17	0.18	0.25	0.54	0.77	0.48	0.46	0.69	0.79	0.76	0.67	1.14	1	1.07	1.23
Price/Sales High	0.49	0.64	0.68	1.13	1.37	0.97	0.88	1.41	1.27	1.21	1.21	1.73	1.36	1.39	1.58
Price/Sales Low	0.26	0.21	0.34	0.52	0.85	0.46	0.37	0.6	0.52	0.62	0.33	0.9	0.75	0.79	0.98
Price/Cash Flow	6.22	2.15	8.5	4.96	4.19	2.11	3.53	5.06	2.42	3.21	3.38	5.73	4.97	4.56	3.58
Price/Cash Flow Average	5.3	2.12	5.18	3.84	5.27	2.41	2.53	3.14	3.98	2.68	2.36	4.65	3.97	3.86	3.75
Price/Cash Flow High	15.71	7.63	13.79	8.07	9.41	4.88	4.86	6.41	6.38	4.25	4.26	7.08	5.41	5.03	4.84
Price/Cash Flow Low	8.29	2.54	6.96	3.74	5.84	2.3	2.02	2.74	2.62	2.2	1.15	3.68	3	2.88	2.99
Price/Free Cash Flow Average	0.99	0.62	0.61	1.22	1.49	1.21	1.18	1.48	1.42	1.28	1.6	1.7	1.51	1.37	1.98
Price/Free Cash Flow High	2.94	2.25	1.64	2.58	2.67	2.45	2.27	3.02	2.27	2.03	2.89	2.59	2.05	1.78	2.55
Price/Free Cash Flow Low	1.55	0.75	0.83	1.19	1.66	1.15	0.95	1.29	0.93	1.05	0.78	1.35	1.14	1.02	1.58
EV/Sales Average	0.55	0.52	1.06	1.26	1.57	1.25	1.26	1.45	1.68	1.92	1.75	2.11	2.07	1.31	1.38
EV/Sales High	0.88	0.98	1.48	1.86	2.17	1.74	1.68	2.16	2.16	2.37	2.29	2.71	2.43	1.63	1.73
EV/Sales Low	0.64	0.55	1.14	1.25	1.65	1.23	1.17	1.36	1.41	1.79	1.4	1.88	1.82	1.04	1.13
EV/EBITDA Average	3.95	2.69	4.33	4.96	5.55	4.18	4.15	4.65	5.25	5	4.91	5.79	5.03	2.88	3.19
EV/EBITDA High	6.29	5.08	6.06	7.29	7.68	5.82	5.53	6.96	6.75	6.16	6.42	7.42	5.91	3.59	4.02
EV/EBITDA Low	4.62	2.87	4.69	4.9	5.84	4.11	3.84	4.37	4.4	4.65	3.94	5.15	4.43	2.29	2.62
EV/EBIT Average	-25.61	9.47	10.1	11.06	12.08	10.4	11.47	11.72	13	13.88	19.3	18.02	12.18	6.9	9.5
EV/EBIT High	-40.74	17.93	14.12	16.26	16.72	14.46	15.3	17.54	16.71	17.1	25.26	23.09	14.32	8.6	11.96
EV/EBIT Low	-29.95	10.12	10.93	10.94	12.72	10.21	10.63	11.01	10.9	12.89	15.5	16.01	10.74	5.47	7.79
Last Price	3.22	3.74	9.99	19.63	18.87	12.37	17.63	32.24	16.77	28.58	26.81	41.04	43.34	51.22	48.96
High Price	8.13	13.26	16.21	31.92	42.38	28.56	24.29	40.83	44.24	37.85	33.79	50.69	47.17	56.47	66.18
Enterprise Value Average	316	373	885	1,247	1,709	1,305	1,232	1,490	2,083	2,163	1,760	2,245	2,574	1,925	2,087
Enterprise Value High	503	705	1,238	1,834	2,365	1,814	1,644	2,230	2,678	2,665	2,303	2,876	3,026	2,399	2,628
Enterprise Value Low	370	398	958	1,234	1,800	1,282	1,143	1,399	1,746	2,009	1,413	1,994	2,270	1,527	1,711

	2010 Y	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y
Shares Outstanding	35	35	35	35	35	35	36	36	36	36	36	36	36	36	37
Diluted Weighted Avg Shares	35	35	35	35	35	35	35	36	36	36	36	36	36	36	37
Basic Weighted Avg Shares	35	35	35	35	35	35	35	36	36	36	36	36	36	36	36
Revenue per Share	16.56	20.73	24	28.19	31.01	29.48	27.64	29	34.73	31.34	27.92	29.31	34.62	40.7	41.81
EBITDA per Share	2.31	3.99	5.85	7.18	8.76	8.84	8.4	9.02	11.12	12.06	9.94	10.69	14.25	18.49	18.02
Operating Income per Share	-0.36	1.13	2.51	3.22	4.02	3.56	3.04	3.58	4.49	4.35	2.53	3.44	5.88	7.73	6.06
Basic EPS, GAAP	-0.73	0.26	0.83	1.26	1.57	1.26	1.05	3.09	2.15	1.93	-1.29	2.83	3.68	4.69	3.39
Basic EPS from Cont Ops	-0.73	0.26	0.83	1.26	1.57	1.26	1.05	3.09	2.15	1.93	-1.29	1.67	3.72	4.69	3.39
Diluted EPS, GAAP	-0.73	0.26	0.82	1.26	1.56	1.25	1.05	3.07	2.13	1.92	-1.29	2.81	3.66	4.66	3.37
Diluted EPS from Cont Ops	-0.73	0.26	0.82	1.26	1.56	1.25	1.05	3.07	2.13	1.92	-1.29	1.66	3.7	4.66	3.37
Dividend per Share	- -	- -	7	0.02	0.52	1.05	1.1	1.1	1.1	1.1	1.1	1.1	1.11	1.11	1.11
Cash Flow per Share	0.52	1.74	1.18	3.96	4.5	5.86	5	6.37	6.93	8.9	7.93	7.16	8.71	11.23	13.66
Free Cash Flow per Basic Share	-1.73	-2.45	-7.58	-4.52	-6.92	0.03	-0.72	-0.86	-5.73	-0.94	4.19	-5.33	-5.64	-9.43	1.22
Cash & Equivalents per Share	0.84	0.7	0.25	0.5	0.45	0.2	0.22	4.67	0.47	0.4	8.62	9.85	2.26	0.24	0.45
Book Value per Share	2.93	3.18	-3.06	-1.78	-0.71	-0.51	-0.56	1.45	2.49	3.81	1.78	3.5	6.1	9.65	11.88
Tangible Book Value per Share	6.34	6.62	0.47	1.82	2.91	3.16	3.15	5.23	3.44	3.99	4.05	5.94	7.39	10.9	17.16

H&E Equipment Services, Inc.

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)