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Herc vs NPK International: revenue, profit, margins and growth compared

Herc brought in $4.4B of revenue in fiscal 2025, NPK International $277M in fiscal 2025. Revenue changed by +22.6% at Herc and +27.4% at NPK International on the year before, so NPK International grew faster. Herc kept 0.0% of its revenue as net profit, NPK International 14.1%. Free cash flow was $928M at Herc and $26.3M at NPK International.

Side by side, latest fiscal year

HRINPKI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$4.4B$277M
Revenue growth+22.6%+27.4%
Net income$1M$38.9M
Net margin0.0%14.1%
Free cash flow$928M$26.3M
Free cash flow margin21.2%9.5%
Earnings per share (diluted)$0.03$0.45
Cash$52M$5.1M
Debt$8B$16.9M
Price to earnings4512.0n/a
Market value$4.5Bn/a
Dividend yield2.07%n/a
Rank by revenue in sector#133 of 451 · Industrials#349 of 451 · Industrials

Over the years

Revenue
HRI FY2018: $2BHRI FY2019: $2BHRI FY2020: $1.8BHRI FY2021: $2.1BHRI FY2022: $2.7BHRI FY2023: $3.3BHRI FY2024: $3.6BHRI FY2025: $4.4BNPKI FY2018: $946.5MNPKI FY2019: $820.1MNPKI FY2020: $492.6MNPKI FY2021: $614.8MNPKI FY2022: $193MNPKI FY2023: $207.6MNPKI FY2024: $217.5MNPKI FY2025: $277MFY18FY19FY20FY21FY22FY23FY24FY25
HRI $4.4BNPKI $277M
Net income
HRI FY2018: $69.1MHRI FY2019: $47.5MHRI FY2020: $73.7MHRI FY2021: $224MHRI FY2022: $330MHRI FY2023: $347MHRI FY2024: $211MHRI FY2025: $1MNPKI FY2018: $32.3MNPKI FY2019: -$12.9MNPKI FY2020: -$80.7MNPKI FY2021: -$25.5MNPKI FY2022: -$20.8MNPKI FY2023: $14.5MNPKI FY2024: -$150.3MNPKI FY2025: $38.9MFY18FY19FY20FY21FY22FY23FY24FY25
HRI $1MNPKI $38.9M
Net margin
HRI FY2018: 3.5%HRI FY2019: 2.4%HRI FY2020: 4.1%HRI FY2021: 10.8%HRI FY2022: 12.0%HRI FY2023: 10.6%HRI FY2024: 5.9%HRI FY2025: 0.0%NPKI FY2018: 3.4%NPKI FY2019: -1.6%NPKI FY2020: -16.4%NPKI FY2021: -4.2%NPKI FY2022: -10.8%NPKI FY2023: 7.0%NPKI FY2024: -69.1%NPKI FY2025: 14.1%FY18FY19FY20FY21FY22FY23FY24FY25
HRI 0.0%NPKI 14.1%
Revenue growth
HRI FY2019: +1.1%HRI FY2020: -10.9%HRI FY2021: +16.4%HRI FY2022: +32.2%HRI FY2023: +19.8%HRI FY2024: +8.7%HRI FY2025: +22.6%NPKI FY2019: -13.4%NPKI FY2020: -39.9%NPKI FY2021: +24.8%NPKI FY2022: -68.6%NPKI FY2023: +7.6%NPKI FY2024: +4.7%NPKI FY2025: +27.4%FY19FY20FY21FY22FY23FY24FY25
HRI +22.6%NPKI +27.4%
Free cash flow
HRI FY2018: $481.5MHRI FY2019: $578.7MHRI FY2020: $569.5MHRI FY2021: $696MHRI FY2022: $813MHRI FY2023: $930MHRI FY2024: $1.1BHRI FY2025: $928MNPKI FY2018: $18.3MNPKI FY2019: $27.5MNPKI FY2020: $40MNPKI FY2021: -$24.8MNPKI FY2022: -$53.3MNPKI FY2023: $70.8MNPKI FY2024: -$5.4MNPKI FY2025: $26.3MFY18FY19FY20FY21FY22FY23FY24FY25
HRI $928MNPKI $26.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Herc and NPK International

Which is bigger by revenue, Herc or NPK International?

Herc is bigger by revenue: $4.4B in fiscal 2025, against $277M for NPK International in fiscal 2025.

Which keeps more of its revenue as profit, Herc or NPK International?

Herc had a net margin of 0.0% in fiscal 2025; NPK International had 14.1% in fiscal 2025.

Which grew revenue faster, Herc or NPK International?

In their latest fiscal years revenue changed by +22.6% at Herc and +27.4% at NPK International.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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