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H&E Equipment Services, Inc. H&E Equipment Services, Inc.

H&E Equipment Services, Inc.

HEES
Rank in Stocks #4668
H&E Equipment Services, Inc. operates as a comprehensive provider of equipment... H&E Equipment Services, Inc. operates as a comprehensive provider of equipment solutions. The company's operations are divided into five primary business segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and Maintenance Services. Its Equipment Rentals division offers a broad selection of construction and industrial machinery for rent on a daily, weekly, or monthly basis, drawing from a substantial fleet of approximately 42,725 pieces of equipment. The Used Equipment Sales segment markets pre-owned equipment, predominantly sourced from its rental inventory or acquired through customer trade-ins, via a retail sales force. For New Equipment Sales, the company employs an in-house professional sales team to distribute new construction machinery. The Parts Sales segment provides essential components for both customer-owned equipment and its own rental fleet. Lastly, the Repair and Maintenance Services segment caters to both H&E's rental fleet and client-owned equipment, additionally offering ongoing preventative maintenance programs to industrial clients. Beyond these core services, H&E also facilitates ancillary support activities such as equipment transportation, hauling, parts shipping, and loss damage waivers. The company's rental fleet encompasses a variety of machinery, including aerial work platforms (hi-lifts), cranes, earthmoving apparatus, and material handling equipment. H&E serves a diverse customer base, including industrial and commercial enterprises, construction contractors, manufacturers, public utilities, municipalities, maintenance providers, and various other industrial accounts. As of December 31, 2021, the company boasted a network of 102 service facilities strategically located across the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States. H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana.
Share Price
$94.64
Last synced: 2025-06-02
Market Cap
$3.43B
Change (1 day)
0.00%
Change (1 year)
0.00%
Country
US
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P/E ratio for H&E Equipment Services, Inc. (HEES)
P/E ratio as of August 2026 TTM: 27.92
According to H&E Equipment Services, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.92. At the end of 2023 the company had a P/E ratio of 11.16.
P/E ratio history for H&E Equipment Services, Inc. from 2001 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 27.92 93.20%
2024 14.45 29.53%
2023 11.16 -9.64%
2022 12.35 -53.42%
2021 26.51 -180.53%
2020 -32.91 -339.44%
2019 13.75 44.57%
2018 9.51 -27.78%
2017 13.17 -40.53%
2016 22.14 59.08%
2015 13.92 -22.31%
2014 17.91 -23.85%
2013 23.52 29.00%
2012 18.23 -46.30%
2011 33.96 -431.62%
2010 -10.24 -48.26%
2009 -19.79 -580.77%
2008 4.12 -43.04%
2007 7.23 -60.24%
2006 18.18 33.68%
2005 13.60 -140.17%
2004 -33.85 184.91%
2003 -11.88 -74.49%
2002 -46.57 -140.14%
2001 116.03 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
27.83 -0.31%
US
- -
US
7.38 -73.57%
IE
390.58 1,299.05%
US
9.88 -64.60%
FR
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.