HTZ · Hertz Global Holdings, Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $8.50B | $9.05B | $9.37B | $8.69B | $7.34B | $5.26B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $957.00M | $819.00M | $962.00M | $959.00M | $688.00M | $664.00M |
| Total Operating Expenses | $9.33B | $12.29B | $9.09B | $7.31B | - | - |
| D&A | $117.00M | $139.00M | $149.00M | $225.00M | $225.00M | $129.00M |
| Operating Income | ($830.00M) | ($3.24B) | $286.00M | $2.45B | ($2.05B) | ($2.05B) |
| Interest Expense | - | $0 | - | - | - | $70.00M |
| Income Tax | ($83.00M) | ($375.00M) | ($330.00M) | $390.00M | $318.00M | ($329.00M) |
| Net Income | ($747.00M) | ($2.86B) | $616.00M | $2.06B | $366.00M | ($1.71B) |
| EPS - Basic | ($2.41) | ($9.34) | $1.97 | $5.43 | ($0.27) | ($11.44) |
| EPS - Diluted | ($2.43) | ($9.34) | $1.39 | $3.36 | ($0.27) | ($11.44) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $565.00M | $592.00M | $764.00M | $943.00M | $2.26B | $1.10B |
| Accounts Receivable | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - |
| Total Assets | $22.31B | $21.80B | $24.61B | $22.50B | $19.78B | $16.91B |
| Current Liabilities | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $22.77B | $21.65B | $21.51B | $19.85B | $16.81B | $16.82B |
| Stockholders' Equity | ($459.00M) | $153.00M | $3.09B | $2.65B | $2.98B | $93.00M |
| Retained Earnings | ($3.25B) | ($2.50B) | $360.00M | ($256.00M) | ($2.31B) | - |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.63B | $2.22B | $2.47B | $2.54B | $1.81B | $953.00M |
| Investing Cash Flow | ($2.00B) | ($2.93B) | ($4.02B) | ($4.23B) | ($3.54B) | $4.59B |
| Financing Cash Flow | $372.00M | $658.00M | $1.31B | $487.00M | $2.85B | ($5.37B) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | -9.8% | -35.8% | 3.1% | 28.2% | -28.0% | -39.0% |
| EBITDA margin | -8.4% | -34.2% | 4.6% | 30.8% | -24.9% | -36.6% |
| Net margin | -8.8% | -31.6% | 6.6% | 23.7% | 5.0% | -32.6% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 11.3% | 9.1% | 10.3% | 11.0% | 9.4% | 12.6% |
| Effective tax rate | - | - | -115.4% | 15.9% | 46.5% | - |
| Return on assets | -3.3% | -13.1% | 2.5% | 9.2% | 1.9% | -10.1% |
| Return on equity | 162.7% | -1870.6% | 19.9% | 77.8% | 12.3% | -1843.0% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | -29.3x |
| Equity multiplier | -48.61 | 142.50 | 7.96 | 8.51 | 6.65 | 181.81 |
| Liabilities / Assets | 1.02 | 0.99 | 0.87 | 0.88 | 0.85 | 0.99 |
| Efficiency | ||||||
| Asset turnover | 0.38 | 0.42 | 0.38 | 0.39 | 0.37 | 0.31 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | 7.5x | 4.6x | - | - |
| P / B | - | 7.3x | 1.1x | 2.3x | 2.6x | - |
| P / S | 0.2x | 0.1x | 0.4x | 0.7x | 1.1x | - |
| EV / EBITDA | - | - | 6.0x | 2.0x | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -6.0% | -3.4% | 7.9% | 18.4% | 39.5% | -46.2% |
| Revenue CAGR (3y) | -0.7% | 7.2% | 21.2% | -3.9% | -8.3% | -15.8% |
| Revenue CAGR (5y) | 10.1% | -1.5% | -0.3% | -0.3% | -3.6% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 74.4% | - | -88.3% | - | 0.0% | - |
| Net income growth (YoY) | 73.9% | - | -70.1% | 462.6% | - | -2855.2% |
| EPS growth (YoY) | 74.0% | - | -58.6% | - | 97.6% | -2234.7% |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | -3.1% | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | - | -95.1% | 16.9% | -11.2% | 3101.1% | -94.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$8.50B totalAmericas Rental Car$6.76B · 79.5%
International Car Rental$1.75B · 20.5%
Geographic
$8.50B totalUS$6.42B · 75.5%
Non Us$2.08B · 24.5%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- -Current ratio improved
- ✗No share dilution
- -Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Services-Auto Rental & Leasing (No Drivers)
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| R | $12.66B | 3.9% | 16.3% |
| CAR | $11.65B | -7.6% | 28.4% |
| SP | - | - | - |
| UHAL UHALB | $6.04B | 1.4% | 1.1% |
| GETR | - | - | - |
Comparing HERTZ GLOBAL HOLDINGS against the 5 most active filers in the same SIC group.