HTZ Q3 2023 Earnings — Hertz Global Holdings, Inc. Revenue & Financial Results | Market Cap Arena

HTZHertz Global Holdings, Inc.

$1B

Q3 2023 Earnings

Industrials Rental & Leasing Services

Income Statement

Revenue

$2.7B+8.3% YoY

Gross Profit

$670M24.8% margin

Operating Income

$453M16.8% margin

Net Income

$629M23.3% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

+10.9%

Cash Flow

Operating Cash Flow

$851M

Free Cash Flow

-$946M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$25.6B

Total Liabilities

$22.2B

Stockholders' Equity

$3.4B

Cash & Equivalents

$594M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.5B	+8.3%
Gross Profit	$670M	$884M	-24.2%
Operating Income	$453M	$638M	-29.0%
Net Income	$629M	$577M	+9.0%

Revenue Segments

U.S. Car Rental

$2.2B80%

International Car Rental

$531M20%