HTZ Q1 2024 Earnings — Hertz Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

HTZHertz Global Holdings, Inc.

$1B

Q1 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$2.1B+1.6% YoY

Gross Profit

-$11M-0.5% margin

Operating Income

-$184M-8.8% margin

Net Income

-$186M-8.9% margin

EPS (Diluted)

$-0.61

QoQ Revenue Growth

-4.8%

Cash Flow

Operating Cash Flow

$370M

Free Cash Flow

-$334M

Stock-Based Comp.

-$52M

Balance Sheet

Total Assets

$24.3B

Total Liabilities

$21.5B

Stockholders' Equity

$2.8B

Cash & Equivalents

$465M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.1B	$2.0B	+1.6%
Gross Profit	-$11M	$410M	-102.7%
Operating Income	-$184M	$189M	-197.4%
Net Income	-$186M	$196M	-194.9%

Revenue Segments

U.S. Car Rental

$1.7B84%

International Car Rental

$341M16%