HTZ Q2 2023 Earnings — Hertz Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

HTZHertz Global Holdings, Inc.

$1B

Q2 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$2.4B+4.0% YoY

Gross Profit

$729M29.9% margin

Operating Income

$444M18.2% margin

Net Income

$139M5.7% margin

EPS (Diluted)

$0.44

QoQ Revenue Growth

+19.1%

Cash Flow

Operating Cash Flow

$497M

Free Cash Flow

-$3.3B

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$26.1B

Total Liabilities

$22.4B

Stockholders' Equity

$3.7B

Cash & Equivalents

$681M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.3B	+4.0%
Gross Profit	$729M	$1.0B	-27.3%
Operating Income	$444M	$746M	-40.5%
Net Income	$139M	$940M	-85.2%

Revenue Segments

U.S. Car Rental

$2.0B83%

International Car Rental

$422M17%