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Side-by-side financial comparison of CME Group (CME) and HERC HOLDINGS INC (HRI). Click either name above to swap in a different company.

CME Group is the larger business by last-quarter revenue ($1.9B vs $1.1B, roughly 1.7× HERC HOLDINGS INC). CME Group runs the higher net margin — 0.1% vs -2.1%, a 2.2% gap on every dollar of revenue. On growth, HERC HOLDINGS INC posted the faster year-over-year revenue change (32.3% vs 14.5%). Over the past eight quarters, HERC HOLDINGS INC's revenue compounded faster (1343.1% CAGR vs 10.8%).

CME Group Inc. is an American financial services company based in Chicago, Illinois. It operates financial derivatives exchanges, including the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), and the Commodity Exchange (COMEX). The company owns 27% of S&P Dow Jones Indices. It is the world's largest operator of financial derivatives exchanges. Its exchanges are platforms for trading in agricultural products, currencies, energy, i...

Herc Holdings Inc. is a leading North American equipment rental service provider. It offers rental assets including heavy construction machinery, power tools, temporary power and climate control systems, serving clients across construction, industrial, events, infrastructure and government segments, with operations across the U.S. and Canada.

CME vs HRI — Head-to-Head

Bigger by revenue
CME
CME
1.7× larger
CME
$1.9B
$1.1B
HRI
Growing faster (revenue YoY)
HRI
HRI
+17.8% gap
HRI
32.3%
14.5%
CME
Higher net margin
CME
CME
2.2% more per $
CME
0.1%
-2.1%
HRI
Faster 2-yr revenue CAGR
HRI
HRI
Annualised
HRI
1343.1%
10.8%
CME

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CME
CME
HRI
HRI
Revenue
$1.9B
$1.1B
Net Profit
$1.2M
$-24.0M
Gross Margin
Operating Margin
0.1%
Net Margin
0.1%
-2.1%
Revenue YoY
14.5%
32.3%
Net Profit YoY
20.7%
-33.3%
EPS (diluted)
$-0.72

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CME
CME
HRI
HRI
Q1 26
$1.9B
$1.1B
Q4 25
$1.6B
$30.1M
Q3 25
$1.5B
$10.1M
Q2 25
$1.7B
$6.3M
Q1 25
$1.6B
$4.2M
Q4 24
$1.5B
$4.1M
Q3 24
$1.6B
Q2 24
$1.5B
Net Profit
CME
CME
HRI
HRI
Q1 26
$1.2M
$-24.0M
Q4 25
$1.2B
$-99.9M
Q3 25
$908.0M
$-7.5M
Q2 25
$1.0B
$-10.8M
Q1 25
$956.2M
$-14.1M
Q4 24
$874.6M
$-10.3M
Q3 24
$912.8M
Q2 24
$883.2M
Gross Margin
CME
CME
HRI
HRI
Q1 26
Q4 25
42.3%
Q3 25
25.8%
Q2 25
53.1%
Q1 25
35.0%
Q4 24
21.4%
Q3 24
Q2 24
Operating Margin
CME
CME
HRI
HRI
Q1 26
0.1%
Q4 25
61.8%
-77.4%
Q3 25
63.3%
-153.5%
Q2 25
66.7%
-147.4%
Q1 25
67.5%
-242.7%
Q4 24
62.1%
-206.3%
Q3 24
64.6%
Q2 24
65.3%
Net Margin
CME
CME
HRI
HRI
Q1 26
0.1%
-2.1%
Q4 25
71.7%
-331.7%
Q3 25
59.1%
-74.1%
Q2 25
60.6%
-171.4%
Q1 25
58.2%
-332.8%
Q4 24
57.3%
-250.3%
Q3 24
57.6%
Q2 24
57.6%
EPS (diluted)
CME
CME
HRI
HRI
Q1 26
$-0.72
Q4 25
$3.24
$-0.36
Q3 25
$2.49
$-0.03
Q2 25
$2.81
$-0.08
Q1 25
$2.62
$-0.15
Q4 24
$2.40
$-0.15
Q3 24
$2.50
Q2 24
$2.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CME
CME
HRI
HRI
Cash + ST InvestmentsLiquidity on hand
$2.4B
$43.0M
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$1.9B
Total Assets
$202.0B
$13.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CME
CME
HRI
HRI
Q1 26
$2.4B
$43.0M
Q4 25
$4.5B
$550.7M
Q3 25
$2.6B
$432.8M
Q2 25
$2.1B
$67.6M
Q1 25
$1.5B
Q4 24
$3.0B
$30.0M
Q3 24
$2.4B
Q2 24
$1.9B
Total Debt
CME
CME
HRI
HRI
Q1 26
$3.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$300.0K
Q3 24
Q2 24
Stockholders' Equity
CME
CME
HRI
HRI
Q1 26
$1.9B
Q4 25
$28.7B
$437.8M
Q3 25
$28.2B
$486.1M
Q2 25
$27.7B
$90.8M
Q1 25
$27.0B
$26.1M
Q4 24
$26.5B
$16.6M
Q3 24
$28.2B
Q2 24
$27.6B
Total Assets
CME
CME
HRI
HRI
Q1 26
$202.0B
$13.6B
Q4 25
$198.4B
$1.1B
Q3 25
$187.1B
$550.2M
Q2 25
$179.9B
$152.0M
Q1 25
$157.8B
$104.6M
Q4 24
$137.4B
$109.6M
Q3 24
$137.8B
Q2 24
$123.4B
Debt / Equity
CME
CME
HRI
HRI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.02×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CME
CME
HRI
HRI
Operating Cash FlowLast quarter
$277.0M
Free Cash FlowOCF − Capex
$94.0M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
13.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$60.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CME
CME
HRI
HRI
Q1 26
$277.0M
Q4 25
$1.1B
$-12.7M
Q3 25
$968.1M
$-11.0M
Q2 25
$1.1B
$-8.4M
Q1 25
$1.1B
$-6.7M
Q4 24
$1.0B
$-8.1M
Q3 24
$1.0B
Q2 24
$776.9M
Free Cash Flow
CME
CME
HRI
HRI
Q1 26
$94.0M
Q4 25
$1.1B
$-14.3M
Q3 25
$949.7M
$-11.1M
Q2 25
$1.0B
$-8.5M
Q1 25
$1.1B
$-6.8M
Q4 24
$991.7M
$-8.1M
Q3 24
$973.2M
Q2 24
$758.7M
FCF Margin
CME
CME
HRI
HRI
Q1 26
8.3%
Q4 25
66.8%
-47.6%
Q3 25
61.8%
-110.2%
Q2 25
61.5%
-135.5%
Q1 25
67.1%
-160.8%
Q4 24
65.0%
-197.1%
Q3 24
61.4%
Q2 24
49.5%
Capex Intensity
CME
CME
HRI
HRI
Q1 26
13.6%
Q4 25
2.0%
5.3%
Q3 25
1.2%
1.7%
Q2 25
1.1%
1.5%
Q1 25
0.9%
4.0%
Q4 24
1.7%
0.7%
Q3 24
1.9%
Q2 24
1.2%
Cash Conversion
CME
CME
HRI
HRI
Q1 26
Q4 25
0.96×
Q3 25
1.07×
Q2 25
1.03×
Q1 25
1.17×
Q4 24
1.16×
Q3 24
1.10×
Q2 24
0.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CME
CME

Segment breakdown not available.

HRI
HRI

Equipment rental$981.0M86%
Sales of rental equipment$138.0M12%
Sales of new equipment, parts and supplies$13.0M1%
Service and other revenue$7.0M1%

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