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 $3.7B against $652.3M — 5.6× the size. Hertz Global Holdings, Inc. has negative trailing earnings, so its P/E is not meaningful; EquipmentShare.com Inc. trades at 15.1×. EquipmentShare.com Inc. has the higher net margin (1.03% vs −3.13%) and the higher return on invested capital (23.5% vs 0.43%). Across the 16 metrics below, EquipmentShare.com Inc. leads on 11 and Hertz Global Holdings, Inc. on 5.

Valuation

Metric EQPT HTZ Rental & Leasing Services median
P/E 15.14 n/m 18.17
P/S 0.67 0.06 0.92
P/B 2.84 n/m 2.15
Price to free cash flow n/m n/m 7.80
EV/EBITDA 3.33 14.20 7.72
EV/Sales 1.32 4.13 2.47
Earnings yield 6.61% (51.45%) 1.00%
Free cash flow yield (49.41%) (195.11%) 1.43%

Profitability

Metric EQPT HTZ Rental & Leasing Services median
Gross margin 49.70% 36.91% 49.40%
Operating margin 33.57% 2.76% 8.49%
Net margin 1.03% (3.13%) 1.01%
Free cash flow margin (32.95%) (12.01%) 1.87%
Return on equity 0.00% 49.29% 12.13%
Return on assets 1.49% (1.19%) 0.24%
Return on invested capital 23.50% 0.43% 2.80%

Growth

Metric EQPT HTZ Rental & Leasing Services median
Revenue growth (TTM) — 3.39% 3.21%
EPS growth (last fiscal year) (74.36%) 73.98% (8.44%)
Revenue growth, 5-year CAGR — 10.09% 12.97%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric EQPT HTZ Rental & Leasing Services median
Debt to equity 3.16 (59.70) 1.48
Current ratio 2.42 1.53 1.36
Net debt to EBITDA 4.59 6.72 4.32

Dividend

Metric EQPT HTZ Rental & Leasing Services median
Dividend yield — — 1.56%
Payout ratio — — 0.22

Size

Metric EQPT HTZ Rental & Leasing Services median
Market cap 3.66b 652.31m 2.43b

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