EquipmentShare.com Inc. (EQPT) vs Hertz Global Holdings, Inc. (HTZ)

EquipmentShare.com Inc. and Hertz Global Holdings, Inc. are both Rental & Leasing Services companies. EquipmentShare.com Inc. is the larger, with a market value of $3.5B against $638.1M — 5.4× the size. Hertz Global Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; EquipmentShare.com Inc. trades at 15.4×. EquipmentShare.com Inc. has the higher net margin (1.03% vs −3.84%) and the higher return on invested capital (23.5% vs 0.00%). Across the 16 metrics below, EquipmentShare.com Inc. leads on 12 and Hertz Global Holdings, Inc. on 4.

Valuation

Metric EQPT HTZ Rental & Leasing Services median
P/E 15.37 n/m 20.11
P/S 0.68 0.06 1.11
P/B 2.88 n/m 2.44
Price to free cash flow n/m n/m 11.04
EV/EBITDA 3.36 13.65 8.70
EV/Sales 1.33 3.91 2.87
Earnings yield 6.51% (62.57%) 3.40%
Free cash flow yield (48.66%) (193.09%) 0.63%

Profitability

Metric EQPT HTZ Rental & Leasing Services median
Gross margin 49.70% 36.85% 48.46%
Operating margin 33.57% 0.00% 8.37%
Net margin 1.03% (3.84%) 1.97%
Free cash flow margin (32.95%) (12.23%) 2.91%
Return on equity 0.00% 86.10% 12.31%
Return on assets 1.49% (1.52%) 0.88%
Return on invested capital 23.50% 0.00% 2.86%

Growth

Metric EQPT HTZ Rental & Leasing Services median
Revenue growth (TTM) — 6.21% 4.47%
EPS growth (last fiscal year) 102.08% 73.98% 1.04%
Revenue growth, 5-year CAGR — 10.09% 11.45%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric EQPT HTZ Rental & Leasing Services median
Debt to equity 3.16 (73.38) 1.28
Current ratio 2.42 1.53 1.01
Net debt to EBITDA 4.59 6.72 4.19

Dividend

Metric EQPT HTZ Rental & Leasing Services median
Dividend yield — — 1.38%
Payout ratio — — 0.24

Size

Metric EQPT HTZ Rental & Leasing Services median
Market cap 3.47b 638.05m 3.37b

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