HTZ (Hertz Global Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena

HTZ (Hertz Global Holdings, Inc.) Stock Financials & Earnings | Market Cap Arena

HTZHertz Global Holdings, Inc.

Mkt Cap$1B

Industrials·Rental & Leasing Services·🇺🇸 United States·NASDAQ

Revenue (TTM)$8.5B

Net Income (TTM)-$747M

EPS (TTM)-$2.50

Free Cash Flow (TTM)-$995M

Gross Margin12.2%

Op. Margin1.1%

Net Margin-8.8%

FCF Margin-11.7%

P/S Ratio (TTM)0.1x

P/E Ratio (TTM)—

YoY Rev Growth-6.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$2.0B	$410M	$189M
Q2 23	$2.4B	$729M	$444M
Q3 23	$2.7B	$670M	$453M
Q4 23	$2.2B	-$81M	-$322M
Q1 24	$2.1B	-$11M	-$184M
Q2 24	$2.4B	$19M	-$221M
Q3 24	$2.6B	$232M	$47M
Q4 24	$2.0B	$43M	-$203M
Q1 25	$1.8B	$33M	-$190M
Q2 25	$2.2B	$309M	$65M
Q3 25	$2.5B	$542M	$294M
Q4 25	$2.0B	$151M	-$79M

Valuation

Quarter	P/S	P/E
Q1 23	0.1x	0.7x
Q2 23	0.1x	1.2x
Q3 23	0.1x	1.2x
Q4 23	0.1x	2.1x
Q1 24	0.1x	5.4x
Q2 24	0.1x	—
Q3 24	0.1x	—
Q4 24	0.1x	—
Q1 25	0.1x	—
Q2 25	0.1x	—
Q3 25	0.1x	—
Q4 25	0.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$562M	-$1.1B
Q2 23	$497M	-$3.3B
Q3 23	$851M	-$946M
Q4 23	$564M	-$675M
Q1 24	$370M	-$334M
Q2 24	$546M	-$3.2B
Q3 24	$894M	$395M
Q4 24	$414M	$746M
Q1 25	$251M	$251M
Q2 25	$346M	$346M
Q3 25	$835M	$626M
Q4 25	$193M	-$2.2B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$1.7B
Q2 23	$3.8B
Q3 23	$1.8B
Q4 23	$1.2B
Q1 24	$704M
Q2 24	$3.7B
Q3 24	$499M
Q4 24	$332M
Q1 25	$0
Q2 25	$0
Q3 25	$209M
Q4 25	$2.4B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+13.1%	+47.2%
Q2 23	+4.0%	+24.7%
Q3 23	+8.3%	+21.1%
Q4 23	+7.3%	+32.5%
Q1 24	+1.6%	+21.9%
Q2 24	-3.4%	+29.2%
Q3 24	-4.7%	+12.4%
Q4 24	-6.6%	-10.5%
Q1 25	-12.8%	-11.5%
Q2 25	-7.1%	-17.6%
Q3 25	-3.8%	-13.6%
Q4 25	-0.6%	-6.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$21M	1.0%
Q2 23	$22M	0.9%
Q3 23	$21M	0.8%
Q4 23	$22M	1.0%
Q1 24	-$52M	-2.5%
Q2 24	$16M	0.7%
Q3 24	$16M	0.6%
Q4 24	$15M	0.7%
Q1 25	$16M	0.9%
Q2 25	$16M	0.7%
Q3 25	$14M	0.6%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$221M
Q2 23	$285M
Q3 23	$217M
Q4 23	$241M
Q1 24	$173M
Q2 24	$240M
Q3 24	$185M
Q4 24	$246M
Q1 25	$223M
Q2 25	$244M
Q3 25	$248M
Q4 25	$230M

Revenue Segments

Quarter	International Car Rental	U.S. Car Rental
Q1 23	$317M	$1.7B
Q2 23	$422M	$2.0B
Q3 23	$531M	$2.2B
Q4 23	$379M	$1.8B
Q1 24	$341M	$1.7B
Q2 24	$425M	$1.9B
Q3 24	$514M	$2.1B
Q4 24	$371M	$1.7B
Q1 25	$323M	$1.5B
Q2 25	$447M	$1.7B

Revenue by Geography

Quarter	Non-US	United States
Q1 25	$380M	$1.4B
Q2 25	$532M	$1.7B
Q3 25	$699M	$1.8B
Q4 25	$471M	$1.6B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$728M	$0	$728M
Q2 23	$681M	$0	$681M
Q3 23	$594M	$0	$594M
Q4 23	$764M	$0	$764M
Q1 24	$465M	$0	$465M
Q2 24	$568M	$0	$568M
Q3 24	$501M	$0	$501M
Q4 24	$592M	$0	$592M
Q1 25	$626M	$0	$626M
Q2 25	$1.1B	$0	$1.1B
Q3 25	$1.1B	$0	$1.1B
Q4 25	$1.2B	$0	$1.2B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	323M	-6.9%
Q2 23	315M	-2.5%
Q3 23	327M	+3.8%
Q4 23	306M	-6.4%
Q1 24	305M	-0.3%
Q2 24	306M	+0.3%
Q3 24	307M	+0.3%
Q4 24	307M	+0.0%
Q1 25	307M	+0.0%
Q2 25	309M	+0.7%
Q3 25	364M	+17.8%
Q4 25	322M	-11.5%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	—	—
FY 15	—	—
FY 16	$245K	36K
FY 17	$238K	37K
FY 18	$250K	38K
FY 19	$257K	38K
FY 20	$219K	24K
FY 21	$319K	23K
FY 22	$347K	25K
FY 23	$347K	27K
FY 24	$348K	26K
FY 25	$327K	26K