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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.00B | - | $2.48B | $2.19B | $1.81B | - | $2.58B | $2.35B | $2.08B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $236.00M | - | $241.00M | $246.00M | $219.00M | - | $189.00M | $243.00M | $162.00M | - |
| Total Operating Expenses | $2.31B | - | $2.24B | $2.50B | $2.34B | - | $4.20B | $2.83B | $2.66B | - |
| D&A | $26.00M | - | $29.00M | $29.00M | $30.00M | - | $34.00M | $41.00M | $32.00M | - |
| Operating Income | ($304.00M) | - | ($1.62B) | ($316.00M) | ($581.00M) | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $29.00M | - | $50.00M | ($22.00M) | ($82.00M) | - | ($288.00M) | $392.00M | ($395.00M) | - |
| Net Income | ($333.00M) | - | $184.00M | ($294.00M) | ($443.00M) | - | ($1.33B) | ($865.00M) | ($186.00M) | - |
| EPS - Basic | ($1.06) | - | $0.59 | ($0.95) | ($1.44) | - | ($4.34) | ($2.82) | ($0.61) | - |
| EPS - Diluted | ($1.06) | - | $0.42 | ($0.95) | ($1.44) | - | ($4.34) | ($2.82) | ($0.61) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $583.00M | $565.00M | $1.09B | $503.00M | $626.00M | $592.00M | $501.00M | $568.00M | $465.00M | $764.00M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $23.29B | $22.31B | $22.99B | $23.08B | $22.05B | $21.80B | $22.98B | $25.18B | $24.31B | $24.61B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $24.07B | $22.77B | $23.31B | $23.59B | $22.31B | $21.65B | $22.30B | $23.23B | $21.50B | $21.51B |
| Stockholders' Equity | ($786.00M) | ($459.00M) | ($317.00M) | ($504.00M) | ($262.00M) | $153.00M | $681.00M | $1.96B | $3.09B | $3.09B |
| Retained Earnings | ($3.58B) | ($3.25B) | ($3.06B) | ($3.24B) | ($2.94B) | ($2.50B) | ($2.02B) | ($691.00M) | $174.00M | $360.00M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $20.00M | - | - | - | $251.00M | - | - | - | $370.00M | - |
| Investing Cash Flow | ($1.10B) | - | - | - | ($718.00M) | - | - | - | ($703.00M) | - |
| Financing Cash Flow | $1.14B | - | - | - | $346.00M | - | - | - | $85.00M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -15.2% | - | -65.4% | -14.5% | -32.0% | - | - | - | - | - |
| EBITDA margin | -13.9% | - | -64.2% | -13.1% | -30.4% | - | - | - | - | - |
| Net margin | -16.6% | - | 7.4% | -13.5% | -24.4% | - | -51.7% | -36.8% | -8.9% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 11.8% | - | 9.7% | 11.3% | 12.1% | - | 7.3% | 10.3% | 7.8% | - |
| Effective tax rate | - | - | 21.4% | - | - | - | - | - | - | - |
| Return on assets | -1.4% | - | 0.8% | -1.3% | -2.0% | - | -5.8% | -3.4% | -0.8% | - |
| Return on equity | 42.4% | - | -58.0% | 58.3% | 169.1% | - | -195.6% | -44.2% | -6.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -29.63 | -48.61 | -72.52 | -45.80 | -84.15 | 142.50 | 33.74 | 12.86 | 7.86 | 7.96 |
| Liabilities / Assets | 1.03 | 1.02 | 1.01 | 1.02 | 1.01 | 0.99 | 0.97 | 0.92 | 0.88 | 0.87 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.11 | 0.09 | 0.08 | - | 0.11 | 0.09 | 0.09 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 16.2x | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | 1.5x | 0.6x | 0.8x | - |
| P / S | 0.7x | - | 1.0x | 1.0x | 0.7x | - | 0.4x | 0.5x | 1.1x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 10.5% | - | -3.8% | -7.1% | -12.8% | - | -4.7% | -3.4% | 1.6% | - |
| Revenue CAGR (3y) | -0.7% | - | -0.2% | -2.3% | 0.1% | - | 5.0% | 7.9% | 17.3% | - |
| Revenue CAGR (5y) | 9.2% | - | 14.3% | 21.3% | -1.2% | - | -1.9% | -1.3% | -0.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 47.7% | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | 24.8% | - | - | 66.0% | -138.2% | - | - | - | - | - |
| EPS growth (YoY) | 26.4% | - | - | 66.3% | -136.1% | - | - | - | - | - |
| EPS CAGR (3y) | - | - | -31.9% | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -200.0% | - | - | - | - | -95.1% | -79.9% | -31.0% | 16.9% | 16.9% |
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%
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.