Hyrecar Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Hyrecar Inc (HYRE) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Hyrecar Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 40M vs 77M combined for its competitors (34.2% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+3.0% annualized vs trailing 12 months), vs decelerating (-12.9%) for its tracked peer group.
- Growth: Hyrecar Inc generated 6.4% revenue growth year over year in Q3 2022, vs 2,180.2% for its competitors combined.
- Profitability: Its -52.5% net margin compares with -193.7% for the peer group.
- Peer revenue share: Hyrecar Inc accounted for 38.0% of combined revenue among its tracked peer group, down from 92.9% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
HYRE Sales vs. its Competitors, Q3 2022
Hyrecar Inc reported revenue growth of 6.43 % year on year in Q3 2022, below its competitors' combined revenue growth of 2,180.17 %.
With a net margin of -52.46 %, Hyrecar Inc achieved higher profitability than its competitors (-193.69 %).
Hyrecar Inc generated 38.03 % of the combined sales of its peer group, down from 92.93 % a year earlier.
API endpoints for this dataset
Hyrecar Inc vs. its Competitors, Q3 2022
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Hyrecar Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Hyrecar Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Hyrecar Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (1) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Hyrecar Inc's competitor groups requires a Commercial License.
For context: the Rental & Leasing industry grew revenue 9.6% year over year, combined, vs 6.4% for Hyrecar Inc. Hyrecar Inc's share of combined industry revenue moved from 0.03% to 0.03%, a gain of 0.00 percentage points.
Hyrecar Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Hyrecar Inc | No | Yes | Yes | No |
| Competitors combined (1) | - | |||
| Similar Growth & Profitability (8) | 28.60 % (2 of 7) | 87.50 % (7 of 8) | 87.50 % (7 of 8) | 14.30 % (1 of 7) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
HYRE Stock Performance relative to its Competitors
HYRE Stock Performance relative to Similar Growth & Profitability Competitors
Publicly Traded Peers of Hyrecar Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Hyrecar Inc |
0.44 | 39.89 |
 Getaround Inc |
0.01 | 76.87 |
| SUBTOTAL | 0.45 | 116.76 |
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Hyrecar Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Hyrecar Inc's Competitors Named by the Company
Competitive relationships identified from Hyrecar Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Getaround Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Hyrecar Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Hyrecar Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Hyrecar Inc | 0 | - | - |
| Getaround Inc | 0 | 256,227 | -306,820 |
| PEERS TOTAL | 0 | 256,227 | -306,820 |
Hyrecar Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Rental & Leasing industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (56 companies). See the full Rental & Leasing industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 34.55 % | 36.74 % (avg) | -2.2 pp |
| Operating Margin | -51.14 % | industry median | -52.3 pp |
| EBITDA Margin | -45.79 % | 18.69 % (avg) | -64.5 pp |
| Capital Intensity (Capex / Revenue) | 0.69 % | 10.69 % (avg) | -10.0 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Hyrecar Inc's Valuation vs Competitive Position
Valuation multiples vs the Rental & Leasing industry average (56 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Rental & Leasing industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 21.5x | - |
| EV / EBITDA | - | 13.2x | - |
| P/B | 12.2x | 3.1x | +9.1x |
| Return on Equity | -1,016.60 % | industry aggregate | -1,041.01 % |
| Return on Invested Capital | -500.32 % | 6.08 % (avg) | -506.40 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Hyrecar Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2019 | 2020 | 2021 |
|---|---|---|---|
| Revenue Growth | 62.16 % | 59.14 % | 41.55 % |
| Operating Margin | -80.04 % | -60.45 % | -78.33 % |
| Return on Invested Capital | -93.97 % | -1,537.78 % | -119.68 % |
| P/E | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Hyrecar Inc's Strategic Group Map
Hyrecar Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Hyrecar Inc's trailing-12-month revenue growth of 20.1% and operating margin of -51.1% compares with an average of 36.2% growth and -21.7% margin across its 8 closest peers by combined growth, margin and ROIC -- Hyrecar Inc sits below that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Hyrecar Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.69 % vs industry average 10.69 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Hyrecar Inc's dedicated Suppliers and Customers pages, not here.
Hyrecar Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Hyrecar Inc falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Hyrecar Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Latest-quarter revenue run-rate is accelerating (+3.0% annualized vs trailing 12 months).
Weaknesses
- Operating margin 52.3 points below the industry median.
- Return on equity 1,041.0 points below the industry aggregate.
Opportunities
No rule matched.
Threats
- Tracked peer group's revenue run-rate is broadly decelerating (-12.9% annualized).
Methodology: see Methodology: SWOT Analysis.
Hyrecar Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Hyrecar Inc | 0.93 | 1.04 | 0.07 |
| Getaround Inc | 0.32 | 0.43 | - |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Hyrecar Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Hyrecar Inc | Q3 2022 | +6.4 % | - |
| Getaround Inc | Q3 2024 | -5.9 % | - |
| PEERS TOTAL | -2.4 % | - |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Hyrecar Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Hyrecar Inc | Q3 2022 | -4.0 % | - |
| Getaround Inc | Q3 2024 | -10.5 % | -94.6 % |
Hyrecar Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Hyrecar Inc | - | - | - |
| Getaround Inc | - | - | - |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Hyrecar Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Hyrecar Inc | - | 0.01 |
| Getaround Inc | - | 0.00 |
| PEERS AVERAGE | - | 0.00 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.