YOLFTbeta
Hertz Global Holdings Inc

Hertz Global Holdings Inc

HTZ · NASDAQ · Industrials / Rental & Leasing Services

1.50USD-0.04 (-2.60%)

Price History

Full chart

Market Stats

Previous Close1.54
Open1.56
Day Range1.48 – 1.56
52-Week Range1.45 – 8.18
Volume28.44M
Market Cap691.52M
P/E (TTM)0.00
Forward P/E11.34
EPS-1.09
Dividend Yield0.00%
Beta2.48
50-Day Avg1.98
200-Day Avg3.84

About

Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments: Americas RAC and International RAC. The company offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. It also sells vehicles and value-added services. The company was founded in 1918 and is headquartered in Estero, Florida.

Company Details

  • SectorIndustrials
  • IndustryRental & Leasing Services
  • CEOMr. Wayne Gilbert West
  • Employees26.00K
  • Headquarters8501 Williams Road, Estero, FL, United States, 33928, USA
  • Websitehttps://www.hertz.com

Leadership

  • Mr. Wayne Gilbert WestCEO & Director · b. 1961
  • Mr. Scott M. HaralsonExecutive VP & CFO · b. 1973
  • Mr. Michael S. MoorePresident of Service Division, COO & EVP · b. 1966
  • Mr. Christopher G. BergPresident of Rental Division, Executive VP & Chief Administrative Officer · b. 1979
  • Mr. Sandeep DubeExecutive VP & Chief Commercial Officer · b. 1976
  • Mr. Mark KosmanSenior VP & Chief Accounting Officer · b. 1965
  • Mr. Piero BussaniEVP, Chief Legal Officer & Corporate Secretary · b. 1965
  • Ms. Lauren FrittsSenior VP & Chief Communications Officer · b. 1983
  • Ms. Jyoti ChopraExecutive Vice President & Chief Human Resources Officer · b. 1964
  • Mr. Gregory A. MayExecutive Vice President of Fleet Management

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.60B5.64B5.93B6.68B154.47M8.06B8.69B8.53B7.10B7.56B8.30B9.02B10.78B11.05B9.02B8.80B8.80B9.50B9.78B5.26B7.34B8.69B9.37B9.05B8.50B
Growth (%)-+0.74%+5.24%+12.51%-97.69%+5116.84%+7.78%-1.85%-16.70%+6.49%+9.73%+8.71%+19.45%+2.52%-18.37%-2.37%0.00%+7.96%+2.89%-46.23%+39.52%+18.39%+7.90%-3.44%-6.02%
Cost of Revenue3.25B3.09B3.32B5.20B146.78M6.23B6.65B7.12B5.95B5.99B6.44B6.94B8.17B8.99B7.26B7.20B7.41B7.78B8.05B5.63B4.60B5.65B7.64B8.77B7.53B
Gross Profit2.35B2.55B2.62B1.48B7.68M1.83B2.04B1.40B1.15B1.57B1.85B2.08B2.61B2.05B1.75B1.60B1.39B1.73B1.73B-376.00M2.74B3.03B1.73B283.00M971.00M
Gross Margin41.97%45.14%44.11%22.14%4.97%22.65%23.47%16.43%16.21%20.81%22.34%23.08%24.21%18.58%19.44%18.16%15.82%18.17%17.67%-7.15%37.34%34.93%18.44%3.13%11.42%
Operating Expense479.20M1.96B2.03B591.32M15.17M723.92M720.58M769.63M599.75M708.71M882.93M993.98M1.06B1.12B950.00M989.00M982.00M1.14B969.00M516.00M672.00M959.00M954.00M845.00M957.00M
Operating Income1.87B582.80M592.50M887.02M-7.48M1.10B1.32B631.24M551.63M865.12M971.24M1.09B1.55B929.00M803.00M610.00M411.00M584.00M759.00M-892.00M2.07B2.08B774.00M-562.00M14.00M
Operating Margin33.41%10.34%9.99%13.29%-4.84%13.67%15.17%7.40%7.77%11.44%11.70%12.06%14.36%8.41%8.91%6.93%4.67%6.14%7.76%-16.96%28.18%23.89%8.26%-6.21%0.16%
EBITDA1.87B2.08B2.12B2.55B45.01M3.16B3.55B1.92B2.67B2.68B3.06B3.43B4.10B3.78B3.37B2.90B3.01B3.22B3.77B1.04B1.95B3.85B3.64B1.85B2.51B
EBITDA Margin33.41%36.93%35.66%38.23%29.14%39.21%40.83%22.53%37.55%35.48%36.89%37.97%38.06%34.20%37.33%32.89%34.20%33.92%38.54%19.78%26.55%44.39%38.89%20.40%29.54%
Net Income23.30M-150.00M158.60M365.47M-21.35M115.94M264.56M-1.21B-126.02M-48.04M176.17M243.08M302.00M-82.00M273.00M-491.00M327.00M-225.00M-58.00M-1.71B366.00M2.06B616.00M-2.86B-747.00M
Net Income Margin0.42%-2.66%2.67%5.47%-13.82%1.44%3.05%-14.16%-1.77%-0.64%2.12%2.69%2.80%-0.74%3.03%-5.58%3.71%-2.37%-0.59%-32.60%4.99%23.71%6.57%-31.63%-8.78%
Interest Expense---408.17M26.81M943.21M916.73M869.95M680.27M688.33M699.72M649.89M707.00M648.00M599.00M569.00M624.00M717.00M762.00M608.00M469.00M455.00M787.00M961.00M1.08B
Interest Expense % of Total Revenue---6.11%17.36%11.70%10.55%10.20%9.58%9.10%8.43%7.20%6.56%5.87%6.64%6.46%7.09%7.54%7.79%11.56%6.39%5.24%8.40%10.62%12.66%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets10.16B11.13B12.58B14.10B18.57B18.68B19.26B16.45B16.00B17.33B17.67B23.29B24.59B23.98B23.36B19.16B20.06B21.38B24.63B16.91B19.78B22.50B24.61B21.80B22.31B
Total Liabilities-9.21B10.35B11.43B16.30B16.11B16.32B14.96B13.90B15.20B15.44B20.78B21.82B21.52B21.34B18.08B18.54B20.26B22.74B16.82B16.81B19.85B21.51B21.65B22.77B
Total Equity1.98B1.92B2.23B2.67B2.27B2.53B2.91B1.47B2.08B2.11B2.23B2.51B2.77B2.46B2.02B1.07B1.52B1.12B1.77B56.00M2.98B2.65B3.09B153.00M-459.00M
Cash----843.91M674.55M730.20M594.27M985.64M2.37B931.78M533.25M423.20M490.00M486.00M816.00M1.07B1.13B865.00M1.10B2.26B943.00M764.00M592.00M1.17B
Total Debt----12.52B12.28B11.96B10.97B10.64B11.31B11.32B15.45B16.31B15.99B15.91B13.54B14.87B16.32B5.57B6.32B4.50B15.66B17.83B18.41B19.20B
Net Debt----11.67B11.60B11.23B10.38B9.66B8.93B10.39B14.92B15.89B15.50B15.42B12.72B13.79B15.20B4.70B5.23B2.24B14.72B17.07B17.82B18.03B

Cash Flow

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.45B2.61B3.09B2.10B1.77B2.21B2.23B2.72B3.59B3.45B3.33B2.53B2.39B2.56B2.90B953.00M1.81B2.54B2.47B2.22B1.63B
Investing Cash Flow-6.49B-2.29B-2.34B-1.46B-1.29B-943.57M-2.19B-4.75B-3.84B-3.18B-2.77B-2.00B-3.15B-4.20B-4.42B4.59B-3.54B-4.23B-4.02B-2.93B-2.00B
Financing Cash Flow5.27B-583.87M-734.09M-695.32M-129.07M133.75M-1.49B1.62B126.90M-159.00M-540.00M-183.00M988.00M1.56B1.47B-5.37B2.85B487.00M1.31B658.00M372.00M
Capital Expenditure13.11B11.87B11.73B10.20B7.63B8.62B9.74B9.93B10.61B11.66B12.98B11.09B10.77B12.67B13.94B5.64B7.22B4.25B9.70B10.63B10.28B
Free Cash Flow-11.65B-9.25B-8.64B-8.11B-5.85B-6.41B-7.50B-7.21B-7.02B-8.21B-9.65B-8.56B-8.38B-10.11B-11.04B-4.69B-5.42B-1.71B-7.23B-8.40B-8.65B
Dividends Paid1.19B1.27B13.47M24.15M15.05M4.16B3.54B------239.00M239.00M239.00M239.00M3.00M07.00M0
FCF to OCF-802.18%-353.95%-279.81%-386.89%-329.75%-290.28%-335.94%-265.20%-195.64%-237.86%-289.71%-338.55%-349.83%-395.70%-380.62%-491.82%-300.06%-67.38%-292.16%-377.92%-532.62%
Dividend Paid to FCF-10.17%-13.73%-0.16%-0.30%-0.26%-64.88%-47.14%-------2.36%-2.17%-5.10%-4.41%-0.18%0.00%-0.08%0.00%

Earnings

Report DateApr 26, 2007Aug 1, 2007Oct 29, 2007Feb 20, 2008Apr 23, 2008Aug 7, 2008Nov 5, 2008Feb 23, 2009Apr 28, 2009Jul 28, 2009Oct 29, 2009Feb 23, 2010Apr 26, 2010Aug 3, 2010Nov 2, 2010Feb 22, 2011Apr 26, 2011Aug 2, 2011Nov 1, 2011Feb 22, 2012May 2, 2012Jul 30, 2012Oct 31, 2012Feb 25, 2013Apr 29, 2013Jul 29, 2013Nov 4, 2013Mar 18, 2014Aug 10, 2015Nov 9, 2015Feb 29, 2016May 9, 2016Aug 8, 2016Nov 7, 2016Feb 27, 2017May 8, 2017Aug 8, 2017Nov 9, 2017Feb 27, 2018May 7, 2018Aug 6, 2018Nov 8, 2018Feb 25, 2019May 7, 2019Aug 6, 2019Nov 4, 2019Feb 24, 2020May 11, 2020Aug 10, 2020Nov 9, 2020Feb 26, 2021May 7, 2021Aug 9, 2021Oct 28, 2021Feb 23, 2022Apr 27, 2022Jul 28, 2022Oct 27, 2022Feb 7, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Feb 6, 2024Apr 25, 2024Aug 1, 2024Nov 12, 2024Feb 13, 2025May 12, 2025Aug 7, 2025Nov 4, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 3, 2026Nov 5, 2026
EPS Estimate-0.040.210.490.220.000.250.45-0.05-0.190.050.210.01-0.110.110.320.06-0.040.190.430.180.010.280.530.270.140.390.620.280.170.450.04-0.010.272.37-0.49-0.79-0.181.17-0.52-1.09-0.211.49-0.78-1.160.371.48-0.27-1.19-2.94-1.02-0.950.000.700.930.760.861.201.060.470.210.640.83-0.76-0.43-1.26-0.47-0.72-0.98-0.450.07-0.53-0.72-0.290.120.11
EPS Actual0.020.260.560.250.020.260.29-0.19-0.220.100.270.05-0.100.120.350.09-0.030.230.440.210.040.300.550.290.180.390.630.230.170.430.04-0.100.361.37-0.62-1.40-0.551.23-0.67-1.37-0.171.86-0.48-0.990.741.60-0.24-1.78-3.51-0.44-1.201.212.551.200.910.871.221.080.500.390.720.70-1.36-1.28-1.44-0.68-1.18-1.12-0.340.12-0.63-0.72-0.15--
Surprise150.00%23.81%14.29%13.64%-4.00%-35.56%-280.00%-15.79%100.00%28.57%400.00%9.09%9.09%9.38%50.00%25.00%21.05%2.33%16.67%300.00%7.14%3.77%7.41%28.57%0.00%1.61%-17.86%0.00%-4.44%0.00%-900.00%33.33%-42.19%-26.53%-77.22%-205.56%5.13%-28.85%-25.69%19.05%24.83%38.46%14.66%100.00%8.11%11.11%-49.58%-19.39%56.86%-26.32%-264.29%29.03%19.74%1.16%1.67%1.89%6.38%85.71%12.50%-15.66%-78.95%-197.67%-14.29%-44.68%-63.89%-14.29%24.44%71.43%-18.87%0.00%48.28%--
Timing----------------------------After-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap691.52M
Enterprise Value21.19B
Trailing P/E0.00
Forward P/E11.34
Price / Sales0.08
Price / Book0.54
EPS-1.09
Book Value-1.76
Revenue (TTM)8.91B
Gross Profit (TTM)1.45B
EBITDA371.00M
Profit Margin-3.13%
Operating Margin7.14%
Return on Equity-567.03%
Return on Assets0.70%
Shares Outstanding356.45M
Shares Float170.60M
Beta2.48
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 9 analystsTarget 2.13
  • Hold
    6
  • Sell
    2
  • Strong Sell
    1

Ownership Breakdown

Institutions
105.33%
Insiders
1.29%
Retail / Other
0.00%

Top Institutional Holders

  • Knighthead Capital Management, LLC
    181.46M50.91%
  • BlackRock Inc
    20.28M5.69%
  • Jane Street Group LLC
    15.33M4.30%
  • Pershing Square Capital Management, L.P.
    15.24M4.28%
  • Pershing Square Inc
    14.99M4.21%
  • UBS Group AG
    13.67M3.83%
  • Balyasny Asset Management LLC
    6.51M1.82%
  • State Street Corp
    6.39M1.79%
  • Vanguard Portfolio Management, LLC
    6.21M1.74%
  • Ghisallo Capital Management LLC
    5.74M1.61%
  • Vanguard Capital Management, LLC
    5.69M1.60%
  • Morgan Stanley - Brokerage Accounts
    4.91M1.38%
  • The Goldman Sachs Group Inc
    4.36M1.22%
  • Schonfeld Strategic Advisors LLC
    4.31M1.21%
  • Citadel Advisors Llc
    3.96M1.11%
  • Crewe Advisors LLC
    3.79M1.06%
  • Two Sigma Investments LLC
    3.74M1.05%
  • Geode Capital Management, LLC
    3.56M1.00%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    3.99M1.12%
  • iShares Russell 2000 ETF
    3.71M1.04%

Stock Splits

  • Jun 21, 20191151:1000
  • Jul 1, 20161:5