HTZ Q2 2024 Earnings — Hertz Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

HTZHertz Global Holdings, Inc.

$1B

Q2 2024 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$2.4B-3.4% YoY

Gross Profit

$19M0.8% margin

Operating Income

-$221M-9.4% margin

Net Income

-$865M-36.8% margin

EPS (Diluted)

$-2.82

QoQ Revenue Growth

+13.1%

Cash Flow

Operating Cash Flow

$546M

Free Cash Flow

-$3.2B

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$25.2B

Total Liabilities

$23.2B

Stockholders' Equity

$2.0B

Cash & Equivalents

$568M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.4B	-3.4%
Gross Profit	$19M	$729M	-97.4%
Operating Income	-$221M	$444M	-149.8%
Net Income	-$865M	$139M	-722.3%

Revenue Segments

U.S. Car Rental

$1.9B82%

International Car Rental

$425M18%