Profile: H&E Equipment Services Inc (HEES.OQ)
23.52USD
1 Aug 2013
$0.68 (+2.98%)
$22.84
$23.03
$23.79
$23.03
24,263
58,556
$24.56
$11.65
H&E Equipment Services, Inc. incorporated on September 22, 2005, is an integrated equipment services companies in the United States focused on heavy construction and industrial equipment. The Company rents, sells and provides parts and service supports for four categories of equipment: hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. H&E Equipment Services, Inc. operates in five segments equipment rentals, new equipment sales, used equipment sales, parts sales, and repair and maintenance services. As of February 26, 2013, the Company had a network of 65 full-service facilities, serving approximately 31,300 customers across 22 states in the West Coast, Intermountain, Southwest, Gulf Coast, Southeast and Mid-Atlantic regions of the United States.
The Company’s rental operation primarily rents its four core types of construction and industrial equipment. It has a rental fleet and its own sales force, focused by equipment type. It rents its heavy construction and industrial equipment to its customers on a daily, weekly and monthly basis. As of December 31, 2012, its rental fleet consisted of 21,090 pieces of equipment and an average age of approximately 38.0 months. H&E Equipment Services, Inc.’s new equipment sales operation sells new equipment in all of its four product categories. It has a retail sales force focused by equipment type that is separate from its rental sales force.
The Company’s used equipment sales are generated primarily from sales of used equipment from its rental fleet, as well as from sales of inventoried equipment that it acquires through trade-ins from its equipment. Used equipment is sold by it retail sales force. The Company’s parts business sells new and used parts for the equipment it sells and also provides parts to its own rental fleet. It also sells parts for equipment produced by manufacturers whose products it neither rent nor sell. The Company’s services operation provides maintenance and repair services for its customers’ equipment and to its own rental fleet at its facilities, as well as at its customers’ locations. In addition to its principal business activities, the Company provides ancillary equipment support activities including transportation, hauling, parts shipping and loss damage waivers.
The Company competes with United Rentals, Rental Services Corporation, Sunbelt Rentals, Hertz Equipment Rental, Finning and Toromont.
Company Address
H&E Equipment Services Inc
7500 Pecue Lane
BATON ROUGE LA 70809
P: +1225.2985200
F: +1302.6555049
Company Web Links
| Name | Compensation |
|---|---|
Gary Bagley |
686,041 |
Bradley Barber |
684,165 |
John Engquist |
1,443,050 |
Leslie Magee |
595,858 |
William Fox |
250,036 |

