Pricing Log in Create free account
Friday 6 November 2026 Export HTZ’s income statement to Excel — free account

Hertz Global Holdings, Inc.

HTZ Industrials Rental & Leasing Services

Hertz Global Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.5 billion, down 6.02% from fiscal 2024.

Revenue
+5.61%
EPS
−39.0%
Free cash flow
−5.32%
Total debt
+106.1%

Quarter to September 2026, against a year earlier

1.65 0.14 −7.82%
Market cap
$638.1M
P/E
0.0×
Fwd P/E
−2.9×
Dividend yield
—
F-score
3/9
Altman Z
0.27
Beneish M
−3.00
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 0.25
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — 1 — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 638.05
Revenue ttm 9,045.00
Net income ttm (347.00)
Free cash flow ttm (1,106.00)
Net debt Q 34,758.00
Valuation
P/E 0.00
Forward P/E (2.88) (negative: loss-making)
Price / sales 0.06
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 1.53 (at or above 1.5: strong)
Debt / equity Q (73.38) (negative: negative equity)
Interest coverage Q 0.00
Growth
Revenue growth Q +5.61% (above 0%: growing)
Operating income growth Q +69.31% (above 0%: growing)
EPS, this year +62.00% (at or above 15%: strong)
EPS, next year A +90.12% (at or above 15%: strong)
Revenue, next year A +8.06%
EPS, past 5 yrs —
EPS, next 5 yrs A +76.32% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 3.9×, against a ten-year median of 2.1×; over the ten years it ranged from 1.5× in 2021 to 4.1× in 2026.
P/S against its own 10 years 1.41%
10-year low 10-year high
EV/Sales against its own 10 years 93.68%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,206 1,133 1,167 1,123
Receivables 1,191 1,205 1,110 1,294
Inventory — — — —
Other — — — —
3,123 3,232 3,059 —
2023 2024 2025 Q'26
Payables 701 642 859 872
ST’ Debt — — — 17,970
Other — — — —
1,718 1,974 2,221 —

Compound Annual Growth %

10y 5y 3y
Sales (0.58%) 10.09% (0.70%)
Cash Flow (5.21%) 11.26% (13.81%)
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

Q2 FY26 Estimate −0.23 Actual −0.11

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q3 FY25 −0.02 0.12 Beat by 0.14
Q4 FY25 −0.53 −0.63 Miss by 0.10
Q1 FY26 −0.76 −0.72 Beat by 0.04
Q2 FY26 −0.23 −0.11 Beat by 0.12
Q3 FY26 0.21 — Reports 5 November 2026

EPS $

Mar Jun Sep Dec Year
’26 (1.06) 0.15 — — —
’25 (1.44) (0.95) 0.42 (0.72) (2.43)
’24 (0.61) (2.82) (4.34) (1.56) (9.34)
’23 0.61 0.44 1.92 (1.14) 1.39
’22 0.82 2.22 1.33 (0.01) 5.11
’21 1.20 (1.05) 1.13 (1.52) (0.27)
’20 (2.51) (5.92) (1.43) (1.63) (11.49)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 2,004 2,396 2,617 — —
’25 1,813 2,185 2,478 2,028 8,504
’24 2,080 2,353 2,576 2,040 9,049
’23 2,047 2,437 2,703 2,184 9,371
’22 1,810 2,344 2,496 2,035 8,685
’21 1,289 1,873 2,226 1,948 7,336
’20 1,923 832 1,268 1,235 5,258
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 20 381 599 — —
’25 251 346 835 193 1,625
’24 370 546 894 414 2,224
’23 562 497 851 564 2,474
’22 621 708 932 277 2,538
’21 200 265 743 598 1,806
’20 449 177 302 25 953
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (1,078) (590) 641 — —
’25 (467) (500) 677 (79) (369)
’24 (331) (1,530) 407 750 (704)
’23 (926) (1,739) 468 648 (1,549)
’22 (922) (1,004) 710 (482) (1,698)
’21 (636) (1,843) 412 (518) (2,585)
’20 (1,744) 2,397 3,824 994 5,471
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 8,803 8,803 9,504 9,779 5,258 7,336 8,685 9,371 9,049 8,504 9,045 (0.4%) 9,189 9,552 9,873 +5.1%
Gross margin, % 43.97 43.68 43.66 45.75 34.90 46.56 44.64 41.79 37.13 35.45 36.85 (8.5) pt
EBT (470) (575) (257) 13 (2,052) 683 2,449 286 (3,237) (830) (369) +6.5%
EBT margin, % (5.34) (6.53) (2.70) 0.13 (39.03) 9.31 28.20 3.05 (35.77) (9.76) (4.08) (4.4) pt
Net income (491) 327 (227) (50) (1,723) 365 2,059 616 (2,862) (747) (347) +4.8%
Per share, $
Per share, $ Revenue 104.80 92.66 99.00 83.58 35.05 23.29 22.92 29.94 29.57 27.43 28.27 (13.8%)
Earnings (5.85) 3.44 (2.36) (0.49) (11.49) (0.27) 5.43 1.97 (9.34) (2.41) (1.12) (9.4%)
Cash flow 30.11 25.20 26.63 24.79 6.35 5.73 6.70 7.90 7.27 5.24 3.73 (17.7%)
Capex (27.00) (113.14) (43.41) (37.82) 30.12 (13.94) (11.18) (12.85) (9.57) (6.43) (7.18) (14.7%)
Free cash flow 3.11 (87.94) (16.78) (13.03) 36.47 (8.21) (4.48) (4.95) (2.30) (1.19) (3.46) n/m
Book value 12.80 16.00 11.67 16.14 0.62 9.45 6.98 9.88 0.50 (1.48) (1.53) n/m
Shares, m 84 95 96 117 150 315 379 313 306 310 315 +15.6%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 2.82 5.29 0.00 0.00 0.00 0.8
P/S 0.76 0.76 0.76 0.76 0.76 1.07 0.66 0.34 0.12 0.19 0.06 0.6
P/B 1.19 1.19 1.19 1.19 1.19 2.64 2.15 1.03 7.32 0.00 0.00 1.9
EV/Sales 1.80 1.80 1.80 1.80 1.80 2.20 2.09 1.89 1.80 2.06 3.91 1.9
EV/FCF 4.35 4.35 4.35 4.35 4.35 (6.24) (10.69) (11.42) (23.20) (47.40) (31.94) (7.7)
Cash, $m
Cash, $m Operating cash flow 2,529 2,394 2,556 2,900 953 1,806 2,538 2,474 2,224 1,625 1,193 (4.8%)
Capex (2,268) (10,748) (4,167) (4,425) 4,518 (4,391) (4,236) (4,023) (2,928) (1,994) (2,299) (1.4%)
Free cash flow 261 (8,354) (1,611) (1,525) 5,471 (2,585) (1,698) (1,549) (704) (369) (1,106) n/m
Balance, $m
Balance, $m Working capital 989 1,530 1,471 1,764 1,359 2,834 1,809 1,405 1,258 838 1,212 (1.8%)
Net debt 12,447 13,361 14,914 15,729 4,760 8,256 12,445 14,485 15,202 15,887 34,758 +2.7%
Shareholders’ equity 1,075 1,520 1,120 1,888 93 2,977 2,645 3,092 153 (459) (489) n/m
Returns, %
Returns, % ROA (2.30) 1.67 (1.09) (0.25) (8.25) (0.46) 9.74 2.62 (12.33) (3.39) (1.52) (1.1) pt
ROIC 0.37 0.34 1.72 2.69 (13.72) 11.32 8.59 2.72 (4.92) 0.06 0.00 (0.3) pt
ROE (31.74) 25.20 (17.05) (3.86) (173.04) (5.47) 73.25 21.47 (176.39) 488.24 86.10 +520.0 pt
People
People Employees 36,000 37,000 38,000 38,000 24,000 23,000 25,000 27,000 26,000 26,000 — (3.6%)
Revenue/emp, $m 0.24 0.24 0.25 0.26 0.22 0.32 0.35 0.35 0.35 0.33 — +3.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Hertz Global Holdings, Inc. vs peers in Rental & Leasing Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
EQPT EquipmentShare.com Inc. $3.5B 15.4× 39.0× +102.37% (above 0%: growing) n/m −17.02% (below 0%: shrinking) 28.36% 6.49% Compare
WSC WillScot Holdings Corporation $3.2B — (loss-making) 17.6× +6.09% (above 0%: growing) +16.67% (above 0%: growing) +61.99% (above 0%: growing) 63.18% 20.99% Compare
MGRC McGrath RentCorp $3.1B 19.6× 18.6× +7.08% (above 0%: growing) +16.23% (above 0%: growing) −132.83% (below 0%: shrinking) 47.66% 26.93% Compare
CTOS Custom Truck One Source, Inc. $2.1B 71.6× 82.8× +2.73% (above 0%: growing) n/m +540.01% (above 0%: growing) 22.87% 7.69% Compare
VSTS Vestis Corporation $1.9B — (loss-making) 93.4× −1.80% (below 0%: shrinking) n/m +478.29% (above 0%: growing) 28.02% 5.63% Compare
PRG Aaron's Holdings Company, Inc. $1.5B 10.3× 9.1× +25.63% (above 0%: growing) +13.23% (above 0%: growing) −2.74% (below 0%: shrinking) 89.55% 9.09% Compare
LIME Neutron Holdings, Inc. $1.2B — — — — — 42.42% 4.21% Compare
WLFC Willis Lease Finance Corporation $992.9M 12.9× 10.1× +34.32% (above 0%: growing) −50.74% (below 0%: shrinking) −378.05% (below 0%: shrinking) 57.78% 17.75% Compare
HTZ Hertz Global Holdings, Inc. $638.1M — (loss-making) — (loss-making) +5.61% (above 0%: growing) n/m −5.32% (below 0%: shrinking) 40.89% 0.00%
Median of peers $2.0B 15.4× 18.6× +7.08% +14.73% −2.74% 45.04% 8.39%

All 20 Rental & Leasing Services stocks →

Pay and ownership Proxy statement filed 16 April 2026

Ownership

Directors and executive officers, together less than 1%
CK Amarillo LP 57.60%
TD Securities (USA) LLC 7.30%
BlackRock, Inc. 6.20%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Hertz Global Holdings, Inc. (HTZ) Latest News

6 Nov

Impact 3 · · GuruFocus.com

5 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · Investing.com
Impact 3 · · StockStory

29 Oct

Impact 3 · · Trefis
Impact 3 · · Zacks
Impact 3 · · PR Newswire

20 Oct

Impact 4 · · Simply Wall St.
Impact 4 · · StockStory
Impact 4 · · Investing.com
Impact 4 · · Business Wire

15 Oct

Impact 4 · · Business Wire

14 Oct

Impact 3 · · Trefis

8 Oct

Impact 3 · · Trefis

6 Oct

Impact 3 · · StockStory

1 Oct

Impact 3 · · Zacks

28 Aug

Impact 3 ·

26 Aug

Impact 3 ·

25 Aug

Impact 3 ·

23 Aug

Impact 3 ·

19 Aug

Impact 3 ·

13 Aug

Impact 4 · · Stocktwits
Impact 3 ·
Impact 3 ·

10 Aug

Impact 4 ·
Impact 3 ·
Impact 3 · · Barchart

7 Aug

Impact 3 · · news-press.com
Impact 3 · · Moby
Impact 3 ·
stockrow.com/HTZ · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com