Innovative data providing first-time insights on equipment incentives, dealer service and manufacturer signals (and more coming).
Easily search for active financial incentive offers from most manufacturers.
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Innovative data providing first-time insights on equipment incentives, dealer service and manufacturer signals (and more coming).
Easily search for active financial incentive offers from most manufacturers.
Compare benchmarks to identify service investment levels across 20+ dealers.
Identify critical signals from the investor calls of equipment manufacturers.
H&E Equipment Services is a large, regional equipment supplier that specializes in providing equipment solutions throughout the western, southern and eastern United States. By revenue, they have been ranked the number seven equipment supplier on the RER100.
H&E Equipment Services is a publicly traded company with the ticker symbol “HEES“. The company has multiple lines of business, including:
H&E Equipment Services is headquartered in Baton Rouge, Louisiana, USA.
The primary OEMs they carry, include:
The CEO of H&E Equipment Services is Brad Barber. Chris has been the CEO since 2019. Before that, from 2012 to 2019, he was the President and COO. Brad has spent his entire career with H&E.
They do not report on the number of assets in their rental fleet, but their Q3 2020 OEC (original equipment cost) was ~$1.8 billion.
What is the age of the H&E Equipment Services fleet?
Average rental fleet age at September 30, 2020, was 40.0 months compared to an industry average age of 50.7 months.
How many employees does H&E Equipment Services have?
There are over 2,000 employees in the company.
H&E Equipment Services does sell their used equipment as a formal business offering. In Q3 2020, they did ~$40 million in used equipment sales. It’s mentioned that the primary source of used equipment is from their rental fleet, although some of their inventory comes through trade-ins on new equipment sales.
H&E Equipment Services has over 90 locations across 23 American states and Washington, DC.
A map of all United States locations is below.
Image from he-equipment.com
H&E Equipment Services rents a large range of assets, including some of the most commonly rented asset classes:
They also sell or rent:
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