HTZ Q1 2023 Earnings — Hertz Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

HTZHertz Global Holdings, Inc.

$1B

Q1 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$2.0B+13.1% YoY

Gross Profit

$410M20.0% margin

Operating Income

$189M9.2% margin

Net Income

$196M9.6% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$562M

Free Cash Flow

-$1.1B

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$23.7B

Total Liabilities

$21.0B

Stockholders' Equity

$2.8B

Cash & Equivalents

$728M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.8B	+13.1%
Gross Profit	$410M	$783M	-47.6%
Operating Income	$189M	$548M	-65.5%
Net Income	$196M	$426M	-54.0%

Revenue Segments

U.S. Car Rental

$1.7B85%

International Car Rental

$317M15%