• Herc Holdings average pre-tax profit margin for 2023 was 14.37%, a 5.65% decline from 2022.
• Herc Holdings average pre-tax profit margin for 2022 was 15.23%, a 37.7% decline from 2021.
• Herc Holdings average pre-tax profit margin for 2021 was 11.06%, a 153.09% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.