Saturday 17 October 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. In the quarter to June 2026, revenue grew 9.66%, EPS grew 121.1%, free cash flow fell 18.0% and total debt rose 112.6%, each against the same quarter a year earlier.

1.73 0.10 −5.46%

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Market cap: $652.3M
P/E: 0.0×
Fwd P/E: −5.0×
Dividend yield: —
F-score: 3/9
Altman Z: 0.27
Beneish M: −3.00
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	1	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 652.31

Revenue 8,906.00

Net Income (279.00)

Free Cash Flow (1,070.00)

Net Debt 36,190.00

Current Ratio 1.53

Debt/Equity (59.70)

P/E ratio 0.00

Fwd P/E (4.97)

P/S ratio 0.06

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth 62.06%

Next Y EPS Growth 92.45%

Next Y revenue growth 7.87%

Next 5Y EPS Growth 76.32%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 0.83%

10-year low 10-year high

EV/Sales against its own 10 years 95.04%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	1,206	1,133	1,167	1,304
Receivables	1,191	1,205	1,110	1,203
Inventory	—	—	—	—
Other	—	—	—	—
	3,123	3,232	3,059	3,496

	2023	2024	2025	Q'26
Payables	701	642	859	1,125
ST’ Debt	—	—	—	18,747
Other	—	—	—	—
	1,718	1,974	2,221	2,284

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%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,004	2,396	—	—	—
’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	—	—	—
’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)	—	—	—
’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.

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)	1.89
’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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	14.15	14.49	8.10	2.47	3.26	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	46.00	25.98	20.48	10.62	9.39
People
People	Employees	36,000	37,000	38,000	38,000	24,000	23,000	25,000	27,000	26,000	26,000
	Revenue/emp, $m	0.24	0.24	0.25	0.26	0.22	0.32	0.35	0.35	0.35	0.33
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
	Gross margin, %	43.97	43.68	43.66	45.75	34.90	46.56	44.64	41.79	37.13	35.45
	EBT	(470)	(575)	(257)	13	(2,052)	683	2,449	286	(3,237)	(830)
	EBT margin, %	(5.34)	(6.53)	(2.70)	0.13	(39.03)	9.31	28.20	3.05	(35.77)	(9.76)
	Net income	(491)	327	(227)	(50)	(1,723)	365	2,059	616	(2,862)	(747)
	Depreciation	2,844	3,008	2,814	3,046	2,543	918	1,004	2,632	4,196	2,351
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
	Earnings	(5.85)	3.44	(2.36)	(0.43)	(11.49)	—	5.43	1.97	(9.34)	(2.41)
	Cash flow	30.11	25.20	26.63	24.79	6.35	5.73	6.70	7.90	7.27	5.24
	Capex	(27.00)	(113.14)	(43.41)	(37.82)	30.12	(13.94)	(11.18)	(12.85)	(9.57)	(6.43)
	Free cash flow	3.11	(87.94)	(16.78)	(13.03)	36.47	(8.21)	(4.48)	(4.95)	(2.30)	(1.19)
	Book value	12.80	16.00	11.67	16.14	0.62	9.45	6.98	9.88	0.50	(1.48)
	Shares, m	84	95	96	117	150	315	379	313	306	310
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	2.82	5.29	0.00	0.00
	P/S	0.76	0.76	0.76	0.76	0.76	1.07	0.66	0.34	0.12	0.19
	P/B	1.19	1.19	1.19	1.19	1.19	2.64	2.15	1.03	7.32	0.00
	EV/Sales	1.80	1.80	1.80	1.80	1.80	2.20	2.09	1.89	1.80	2.06
	EV/FCF	4.35	4.35	4.35	4.35	4.35	(6.24)	(10.69)	(11.42)	(23.20)	(47.40)
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
	Capex	(2,268)	(10,748)	(4,167)	(4,425)	4,518	(4,391)	(4,236)	(4,023)	(2,928)	(1,994)
	Free cash flow	261	(8,354)	(1,611)	(1,525)	5,471	(2,585)	(1,698)	(1,549)	(704)	(369)
Balance, $m
Balance, $m	Working capital	989	1,530	1,471	1,764	1,359	2,834	1,809	1,405	1,258	838
	Total debt	13,541	14,865	16,324	17,089	6,267	10,907	13,863	15,691	16,335	17,054
	Net debt	12,447	13,361	14,914	15,729	4,760	8,256	12,445	14,485	15,202	15,887
	Shareholders’ equity	1,075	1,520	1,120	1,888	93	2,977	2,645	3,092	153	(459)
Returns, %
Returns, %	ROA	(2.30)	1.67	(1.09)	(0.25)	(8.25)	(0.46)	9.74	2.62	(12.33)	(3.39)
	ROIC	0.37	0.34	1.72	2.69	(13.72)	11.32	8.59	2.72	(4.92)	0.06
	ROE	(31.74)	25.20	(17.05)	(3.86)	(173.04)	(5.47)	73.25	21.47	(176.39)	488.24

Negative figures in brackets.

value withheld pending a data check

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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.	$3.7B	15.1×	38.5×	+102.37% (above 0%: growing)	n/m	−17.02% (below 0%: shrinking)	28.36%	6.49%	Compare
WSC WillScot Holdings Corporation	$3.0B	— (loss-making)	25.5×	+3.92% (above 0%: growing)	0.00%	−60.91% (below 0%: shrinking)	61.83%	19.19%	Compare
MGRC McGrath RentCorp	$2.8B	18.2×	17.0×	−6.16% (below 0%: shrinking)	−5.48% (below 0%: shrinking)	−124.93% (below 0%: shrinking)	48.80%	24.10%	Compare
CTOS Custom Truck One Source, Inc.	$2.1B	100×	84.3×	+10.16% (above 0%: growing)	n/m	−104.58% (below 0%: shrinking)	22.00%	8.27%	Compare
VSTS Vestis Corporation	$1.9B	— (loss-making)	168×	−1.80% (below 0%: shrinking)	n/m	+478.29% (above 0%: growing)	28.02%	5.63%	Compare
PRG Aaron's Holdings Company, Inc.	$1.2B	8.4×	9.1×	+22.30% (above 0%: growing)	−4.17% (below 0%: shrinking)	+48.39% (above 0%: growing)	89.48%	9.12%	Compare
WLFC Willis Lease Finance Corporation	$813.0M	9.0×	14.6×	−0.76% (below 0%: shrinking)	−52.99% (below 0%: shrinking)	−161.11% (below 0%: shrinking)	86.88%	32.81%	Compare
HTZ Hertz Global Holdings, Inc.	$652.3M	— (loss-making)	— (loss-making)	+9.66% (above 0%: growing)	n/m	−18.00% (below 0%: shrinking)	39.32%	7.14%
ALTG Alta Equipment Group Inc.	$197.0M	— (loss-making)	— (loss-making)	−1.18% (below 0%: shrinking)	n/m	−46.58% (below 0%: shrinking)	26.12%	2.52%	Compare
Median of peers	$2.0B	15.1×	25.5×	+1.58%	−4.82%	−53.74%	38.58%	8.70%

All 20 Rental & Leasing Services stocks →

Hertz Global Holdings, Inc. (HTZ) key facts

Concern: Hertz Global Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.5 billion, down 6.02% from fiscal 2024.
Hertz Global Holdings, Inc. (HTZ) is a Rental & Leasing Services company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, HTZ traded at $1.73, a market capitalization of $652.3 million.
Return on equity was 488.2% and debt-to-equity -59.70.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.27 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.