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H&E Equipment Services ($HEES)

HEES Overview

H&E Equipment Services operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, New Equipment Sales, Used Equipment Sales, Parts Sales, and Repair and Maintenance Services.It rents, sells, and provides parts and support services for hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks.The company offers heavy construction and industrial equipment for rent on a daily, weekly, and monthly basis. As of December 31, 2018, its rental fleet consisted of 43,939 pieces of equipment.The company also sells new and used equipment, as well as parts; and provides maintenance and repair services for the customers' owned equipment. In addition, it offers ancillary equipment support activities, including transportation, hauling, parts shipping, and loss damage waivers.The company serves industrial and commercial companies, construction contractors, manufacturers, public utilities, municipalities, maintenance contractors, and various other industrial account customers.As of March 2, 2020, it had a network of 94 locations throughout the Pacific Northwest, West Coast, Intermountain, Southwest, Gulf Coast, Southeast, and Mid-Atlantic regions of the United States.H&E Equipment Services, Inc. was founded in 1961 and is headquartered in Baton Rouge, Louisiana. (From: StockAnalysis.com)

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