H&E 2021 Revenues Up 5.5%

H&E Equipment Services said 2021 revenues totaled $1.1 billion, up 5.5 percent from the $1.0 billion reported in 2020. Total equipment rental revenues increased 13.2 percent to $729.7 million, and rental revenues increased 12.4 percent to $653.0 million.

New equipment sales fell 18.5 percent to $92.7 million; parts sales fell “modestly” to $65.6 million, and sales revenues decreased 8.2 percent to $33.0 million.

Source: H&E