H&E Equipment Services Inc (HEES) — Tangible Net Worth Ratio
H&E Equipment Services Inc (HEES) has a Tangible Net Worth Ratio of 89.9% as of March 2025. This metric is calculated by deducting intangible assets ($60.81 Million) from net assets ($603.88 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See H&E Equipment Services Inc book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
H&E Equipment Services Inc Tangible Net Worth Ratio (2001–2024)
This chart shows how H&E Equipment Services Inc's Tangible Net Worth Ratio has changed across 21 annual periods from 2001 to 2024. As of March 2025, the ratio stands at 89.9%, reflecting net assets of $603.88 Million with intangible assets of $60.81 Million USD. Also explore HEES year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for H&E Equipment Services Inc (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for H&E Equipment Services Inc from 2001 to 2024, covering 21 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see H&E Equipment Services Inc (HEES) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | $785.66 Million | $0.00 | $2.96 Billion | ▲ +6.1 pp |
| 2023 | 93.9% | $534.29 Million | $32.58 Million | $2.64 Billion | ▲ +2.0 pp |
| 2022 | 91.9% | $401.04 Million | $32.63 Million | $2.29 Billion | ▲ +0.1 pp |
| 2021 | 91.8% | $303.38 Million | $24.99 Million | $2.08 Billion | ▲ +3.9 pp |
| 2020 | 87.8% | $238.23 Million | $28.96 Million | $1.98 Billion | ▼ -1.4 pp |
| 2019 | 89.3% | $307.52 Million | $32.95 Million | $1.97 Billion | ▲ +0.3 pp |
| 2018 | 88.9% | $256.80 Million | $28.38 Million | $1.73 Billion | ▲ +3.3 pp |
| 2017 | 85.6% | $216.79 Million | $31.20 Million | $1.47 Billion | ▲ +7.5 pp |
| 2016 | 78.1% | $142.76 Million | $31.20 Million | $1.24 Billion | ▲ +0.0 pp |
| 2015 | 78.1% | $142.59 Million | $31.20 Million | $1.30 Billion | ▲ +1.5 pp |
| 2014 | 76.6% | $133.37 Million | $31.20 Million | $1.36 Billion | ▲ +9.5 pp |
| 2013 | 67.1% | $94.81 Million | $31.20 Million | $1.09 Billion | ▲ +33.0 pp |
| 2012 | 34.1% | $48.64 Million | $32.07 Million | $942.40 Million | ▼ -65.9 pp |
| 2011 | 100.0% | $264.21 Million | $66.00K | $753.30 Million | ▲ +0.1 pp |
| 2010 | 99.8% | $254.25 Million | $429.00K | $734.42 Million | ▲ +0.2 pp |
| 2009 | 99.6% | $278.88 Million | $988.00K | $763.08 Million | ▲ +0.2 pp |
| 2008 | 99.5% | $290.21 Million | $1.58 Million | $966.63 Million | ▲ +3.2 pp |
| 2007 | 96.3% | $288.08 Million | $10.64 Million | $1.01 Billion | ▲ +0.3 pp |
| 2006 | 96.0% | $235.58 Million | $9.33 Million | $759.94 Million | ▲ +8.1 pp |
| 2002 | 87.9% | $26.49 Million | $3.20 Million | $476.12 Million | ▼ -1.4 pp |
| 2001 | 89.3% | $29.90 Million | $3.20 Million | $287.13 Million | — |