H&E Equipment Services Inc (HEES) - Cash Flow Conversion Efficiency
Based on the latest financial reports, H&E Equipment Services Inc (HEES) has a cash flow conversion efficiency ratio of 0.162x as of March 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($97.80 Million) by net assets ($603.88 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is H&E Equipment Services Inc's balance sheet to measure how much of total assets are equity-financed.
H&E Equipment Services Inc - Cash Flow Conversion Efficiency Trend (2001–2024)
This chart illustrates how H&E Equipment Services Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HEES cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
H&E Equipment Services Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of H&E Equipment Services Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Renasant Corporation
NYSE:RNST
|
0.035x |
|
KB Home
NYSE:KBH
|
0.079x |
|
Cofinimmo SA
BR:COFB
|
0.014x |
|
Energix Renewable Energies Ltd
TA:ENRG
|
0.002x |
|
China Southern Power Grid Technology Co Ltd
SHG:688248
|
0.024x |
|
Centerra Gold Inc
TO:CG
|
0.056x |
|
CMB.TECH NV
BR:CMBT
|
0.054x |
|
Helmerich and Payne Inc
NYSE:HP
|
0.014x |
Annual Cash Flow Conversion Efficiency for H&E Equipment Services Inc (2001–2024)
The table below shows the annual cash flow conversion efficiency of H&E Equipment Services Inc from 2001 to 2024. For the full company profile with market capitalisation and key ratios, see H&E Equipment Services Inc market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $785.66 Million | $498.31 Million | 0.634x | -16.43% |
| 2023-12-31 | $534.29 Million | $405.48 Million | 0.759x | -2.83% |
| 2022-12-31 | $401.04 Million | $313.24 Million | 0.781x | -8.71% |
| 2021-12-31 | $303.38 Million | $259.57 Million | 0.856x | -28.73% |
| 2020-12-31 | $238.23 Million | $286.02 Million | 1.201x | +15.66% |
| 2019-12-31 | $307.52 Million | $319.22 Million | 1.038x | +7.83% |
| 2018-12-31 | $256.80 Million | $247.21 Million | 0.963x | -7.74% |
| 2017-12-31 | $216.79 Million | $226.20 Million | 1.043x | -15.83% |
| 2016-12-31 | $142.76 Million | $176.98 Million | 1.240x | -14.45% |
| 2015-12-31 | $142.59 Million | $206.62 Million | 1.449x | +22.07% |
| 2014-12-31 | $133.37 Million | $158.32 Million | 1.187x | -18.83% |
| 2013-12-31 | $94.81 Million | $138.65 Million | 1.462x | +73.38% |
| 2012-12-31 | $48.64 Million | $41.02 Million | 0.843x | +269.05% |
| 2011-12-31 | $264.21 Million | $60.38 Million | 0.229x | +223.95% |
| 2010-12-31 | $254.25 Million | $17.94 Million | 0.071x | -73.01% |
| 2009-12-31 | $278.88 Million | $72.90 Million | 0.261x | -37.03% |
| 2008-12-31 | $290.21 Million | $120.47 Million | 0.415x | +14.88% |
| 2007-12-31 | $288.08 Million | $104.09 Million | 0.361x | -27.69% |
| 2006-12-31 | $235.58 Million | $117.73 Million | 0.500x | +107.15% |
| 2005-12-31 | $-5.14 Million | $35.90 Million | -6.985x | -4024.98% |
| 2004-12-31 | $-33.30 Million | $5.64 Million | -0.169x | +82.87% |
| 2003-12-31 | $-19.56 Million | $19.34 Million | -0.989x | -203.44% |
| 2002-12-31 | $26.49 Million | $25.32 Million | 0.956x | -5.10% |
| 2001-12-31 | $29.90 Million | $30.11 Million | 1.007x | -- |
About H&E Equipment Services Inc
H&E Equipment Services, Inc. operates as an integrated equipment services company in the United States and internationally. It operates in four segments: Equipment Rentals; Sales of Rental Equipment; Sales of New Equipment; and Parts, Service and Other Revenues. The Equipment Rentals segment provides construction and industrial equipment for rent on a daily, weekly, and monthly basis. Its Sales o… Read more