Symbols / HTZ $5.11 -1.35% Hertz Global Holdings, Inc.

Industrials • Rental & Leasing Services • United States • NMS
HTZ Chart
About

Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments: Americas RAC and International RAC. The company offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. It also sells vehicles and value-added services. The company was founded in 1918 and is headquartered in Estero, Florida.

Fundamentals
Scroll to Statements
Sector Industrials Industry Rental & Leasing Service Market Cap 1.60B
Enterprise Value 20.36B Income -747.00M Sales 8.50B
Book/sh -1.47 Cash/sh 1.81 Dividend Yield
Payout 0.00% Employees 26000 IPO
P/E Forward P/E 16.13 PEG
P/S 0.19 P/B -3.47 P/C
EV/EBITDA 139.45 EV/Sales 2.39 Quick Ratio 0.32
Current Ratio 0.57 Debt/Eq LT Debt/Eq
EPS (ttm) -2.43 EPS next Y 0.32 EPS Growth
Revenue Growth -0.60% Earnings 2026-05-04 ROA 0.08%
ROE ROIC Gross Margin 13.88%
Oper. Margin -6.11% Profit Margin -8.78% Shs Outstand 312.36M
Shs Float 126.32M Short Float 48.36% Short Ratio 9.53
Short Interest 52W High 9.39 52W Low 3.50
Beta 2.06 Avg Volume 6.14M Volume 8.12M
Target Price $4.33 Recom None Prev Close $5.18
Price $5.11 Change -1.35%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.33
Mean price target
2. Current target
$5.11
Latest analyst target
3. DCF / Fair value
$0.69
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.11
Low
$3.00
High
$5.00
Mean
$4.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-06 main Morgan Stanley Equal-Weight → Equal-Weight $5
2025-12-08 main Morgan Stanley Equal-Weight → Equal-Weight $6
2025-08-08 main Susquehanna Neutral → Neutral $6
2025-05-15 main Susquehanna Neutral → Neutral $5
2025-05-14 main Jefferies Hold → Hold $6
2025-04-11 main B of A Securities Underperform → Underperform $3
2024-08-06 main Morgan Stanley Equal-Weight → Equal-Weight $7
2024-08-06 main Susquehanna Neutral → Neutral $4
2024-08-02 main JP Morgan Neutral → Neutral $5
2024-07-22 main JP Morgan Neutral → Neutral $6
2024-07-10 main Goldman Sachs Sell → Sell $3
2024-07-05 main Oppenheimer Perform → Perform
2024-06-13 main B of A Securities Underperform → Underperform $3
2024-04-30 main Susquehanna Neutral → Neutral $5
2024-04-26 main Goldman Sachs Sell → Sell $4
2024-04-26 down B of A Securities Neutral → Underperform $3
2024-04-18 main Deutsche Bank Hold → Hold $6
2024-04-10 main Morgan Stanley Equal-Weight → Equal-Weight $9
2024-04-04 down Goldman Sachs Neutral → Sell $7
2024-03-19 init B of A Securities — → Neutral $9
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-31 VOUGESSIS EVANGELINE Director 2,712 $4.61 $12,502
2026-03-02 BUSSANI PIERO Officer 173,211 $0.00 $0
2026-03-02 WEST WAYNE GILBERT Chief Executive Officer 923,788 $0.00 $0
2026-03-02 HARALSON SCOTT M Chief Financial Officer 288,684 $0.00 $0
2026-03-02 CHOPRA JYOTI Officer 115,474 $0.00 $0
2026-03-02 KOSMAN MARK E Officer 57,737 $0.00 $0
2026-03-02 DUBE SANDEEP Officer 288,684 $0.00 $0
2026-03-02 BERG CHRISTOPHER G. Officer 173,211 $0.00 $0
2026-03-02 MOORE MICHAEL S Chief Operating Officer 173,211 $0.00 $0
2026-01-02 BUSSANI PIERO Officer 361,231 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
8,504.00
-6.02%
9,049.00
-3.44%
9,371.00
+7.90%
8,685.00
Operating Revenue
8,504.00
-6.02%
9,049.00
-3.44%
9,371.00
+7.90%
8,685.00
Cost Of Revenue
7,533.00
-20.19%
9,439.00
+23.50%
7,643.00
+35.25%
5,651.00
Reconciled Cost Of Revenue
7,533.00
-20.19%
9,439.00
+23.50%
7,643.00
+35.25%
5,651.00
Gross Profit
971.00
+348.97%
-390.00
-122.57%
1,728.00
-43.05%
3,034.00
Operating Expense
957.00
+16.85%
819.00
-14.86%
962.00
+0.31%
959.00
Selling General And Administration
957.00
+16.85%
819.00
-14.86%
962.00
+0.31%
959.00
Total Expenses
8,490.00
-17.24%
10,258.00
+19.21%
8,605.00
+30.18%
6,610.00
Operating Income
14.00
+101.16%
-1,209.00
-257.83%
766.00
-63.08%
2,075.00
EBITDA
2,512.00
+36.23%
1,844.00
-49.48%
3,650.00
-2.09%
3,728.00
Normalized EBITDA
2,282.00
-21.55%
2,909.00
-12.51%
3,325.00
+9.95%
3,024.00
Reconciled Depreciation
2,265.00
-45.05%
4,122.00
+60.33%
2,571.00
+170.35%
951.00
EBIT
247.00
+110.84%
-2,278.00
-311.12%
1,079.00
-61.15%
2,777.00
Total Unusual Items
230.00
+121.60%
-1,065.00
-427.69%
325.00
-53.84%
704.00
Total Unusual Items Excluding Goodwill
230.00
+121.60%
-1,065.00
-427.69%
325.00
-53.84%
704.00
Special Income Charges
274.00
+120.45%
-1,340.00
-927.16%
162.00
0.00
Other Special Charges
-130.00
-144.52%
292.00
Impairment Of Capital Assets
0.00
-100.00%
1,048.00
0.00
0.00
Restructuring And Mergern Acquisition
0.00
0.00
Net Income
-747.00
+73.90%
-2,862.00
-564.61%
616.00
-70.08%
2,059.00
Pretax Income
-830.00
+74.36%
-3,237.00
-1231.82%
286.00
-88.32%
2,449.00
Net Non Operating Interest Income Expense
-1,077.00
-12.30%
-959.00
-20.93%
-793.00
-141.77%
-328.00
Interest Expense Non Operating
1,077.00
+12.30%
959.00
+20.93%
793.00
+141.77%
328.00
Net Interest Income
-1,077.00
-12.30%
-959.00
-20.93%
-793.00
-141.77%
-328.00
Interest Expense
1,077.00
+12.30%
959.00
+20.93%
793.00
+141.77%
328.00
Other Income Expense
233.00
+121.80%
-1,069.00
-441.53%
313.00
-55.41%
702.00
Other Non Operating Income Expenses
3.00
+175.00%
-4.00
+66.67%
-12.00
-500.00%
-2.00
Gain On Sale Of Security
-44.00
-116.00%
275.00
+68.71%
163.00
-76.85%
704.00
Gain On Sale Of Business
0.00
0.00
Tax Provision
-83.00
+77.87%
-375.00
-13.64%
-330.00
-184.62%
390.00
Tax Rate For Calcs
0.00
-16.67%
0.00
-42.86%
0.00
+31.87%
0.00
Tax Effect Of Unusual Items
23.00
+118.00%
-127.80
-287.25%
68.25
-39.12%
112.11
Net Income Including Noncontrolling Interests
-747.00
+73.90%
-2,862.00
-564.61%
616.00
-70.08%
2,059.00
Net Income From Continuing Operation Net Minority Interest
-747.00
+73.90%
-2,862.00
-564.61%
616.00
-70.08%
2,059.00
Net Income From Continuing And Discontinued Operation
-747.00
+73.90%
-2,862.00
-564.61%
616.00
-70.08%
2,059.00
Net Income Continuous Operations
-747.00
+73.90%
-2,862.00
-564.61%
616.00
-70.08%
2,059.00
Minority Interests
0.00
0.00
Normalized Income
-954.00
+50.44%
-1,924.80
-635.78%
359.25
-75.51%
1,467.11
Net Income Common Stockholders
-747.00
+73.90%
-2,862.00
-564.61%
616.00
-70.08%
2,059.00
Diluted EPS
-2.43
+73.98%
-9.34
-771.94%
1.39
-58.63%
3.36
Basic EPS
-2.41
+74.20%
-9.34
-574.11%
1.97
-63.72%
5.43
Basic Average Shares
310.00
+1.31%
306.00
-2.24%
313.00
-17.41%
379.00
Diluted Average Shares
322.00
+5.23%
306.00
-6.13%
326.00
-19.11%
403.00
Diluted NI Availto Com Stockholders
-781.00
+72.71%
-2,862.00
-564.61%
616.00
-70.08%
2,059.00
Average Dilution Earnings
-35.00
0.00
0.00
Gain On Sale Of PPE
144.00
0.00
-100.00%
162.00
0.00
Preferred Stock Dividends
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
22,311.00
+2.33%
21,802.00
-11.39%
24,605.00
+9.37%
22,497.00
Current Assets
2,277.00
-2.61%
2,338.00
-2.46%
2,397.00
+0.21%
2,392.00
Cash Cash Equivalents And Short Term Investments
565.00
-4.56%
592.00
-22.51%
764.00
-18.98%
943.00
Cash And Cash Equivalents
565.00
-4.56%
592.00
-22.51%
764.00
-18.98%
943.00
Receivables
1,110.00
-7.88%
1,205.00
+1.18%
1,191.00
+22.28%
974.00
Accounts Receivable
1,110.00
-7.88%
1,205.00
+1.18%
1,191.00
+22.28%
974.00
Gross Accounts Receivable
1,163.00
-7.92%
1,263.00
+2.02%
1,238.00
+21.49%
1,019.00
Allowance For Doubtful Accounts Receivable
-53.00
+8.62%
-58.00
-23.40%
-47.00
-4.44%
-45.00
Prepaid Assets
Restricted Cash
602.00
+11.28%
541.00
+22.40%
442.00
-6.95%
475.00
Other Current Assets
1,155.00
Total Non Current Assets
20,034.00
+2.93%
19,464.00
-12.36%
22,208.00
+10.46%
20,105.00
Net PPE
15,349.00
+4.60%
14,674.00
-16.51%
17,575.00
+17.02%
15,019.00
Gross PPE
17,613.00
+9.01%
16,157.00
-21.20%
20,503.00
+16.83%
17,550.00
Accumulated Depreciation
-2,264.00
-52.66%
-1,483.00
+49.35%
-2,928.00
-15.69%
-2,531.00
Properties
895.00
-1.10%
905.00
-10.75%
1,014.00
+2.42%
990.00
Other Properties
2,257.00
+8.09%
2,088.00
-7.32%
2,253.00
+19.40%
1,887.00
Goodwill And Other Intangible Assets
3,903.00
+0.18%
3,896.00
-0.28%
3,907.00
-0.61%
3,931.00
Goodwill
1,045.00
+0.10%
1,044.00
+0.00%
1,044.00
+0.00%
1,044.00
Other Intangible Assets
2,858.00
+0.21%
2,852.00
-0.38%
2,863.00
-0.83%
2,887.00
Other Non Current Assets
782.00
-12.53%
894.00
+23.14%
726.00
-37.14%
1,155.00
Total Liabilities Net Minority Interest
22,770.00
+5.18%
21,649.00
+0.63%
21,513.00
+8.37%
19,852.00
Current Liabilities
3,295.00
+4.14%
3,164.00
+2.20%
3,096.00
+13.16%
2,736.00
Payables And Accrued Expenses
2,221.00
+12.51%
1,974.00
+14.90%
1,718.00
-1.15%
1,738.00
Payables
990.00
+23.75%
800.00
-6.76%
858.00
+3.75%
827.00
Accounts Payable
859.00
+33.80%
642.00
-8.42%
701.00
+6.70%
657.00
Current Accrued Expenses
1,231.00
+4.86%
1,174.00
+36.51%
860.00
-5.60%
911.00
Total Tax Payable
131.00
-17.09%
158.00
+0.64%
157.00
-7.65%
170.00
Current Debt And Capital Lease Obligation
1,074.00
-9.75%
1,190.00
-13.64%
1,378.00
+38.08%
998.00
Current Debt
1,074.00
-9.75%
1,190.00
-13.64%
1,378.00
+38.08%
998.00
Total Non Current Liabilities Net Minority Interest
19,475.00
+5.36%
18,485.00
+0.37%
18,417.00
+7.60%
17,116.00
Liabilities Heldfor Sale Non Current
Long Term Debt And Capital Lease Obligation
18,255.00
+6.02%
17,218.00
+4.64%
16,455.00
+12.19%
14,667.00
Long Term Debt
15,980.00
+5.51%
15,145.00
+5.81%
14,313.00
+11.26%
12,865.00
Long Term Capital Lease Obligation
2,275.00
+9.74%
2,073.00
-3.22%
2,142.00
+18.87%
1,802.00
Non Current Deferred Liabilities
350.00
-25.85%
472.00
-54.53%
1,038.00
-23.68%
1,360.00
Non Current Deferred Taxes Liabilities
350.00
-25.85%
472.00
-54.53%
1,038.00
-23.68%
1,360.00
Other Non Current Liabilities
648.00
+5.02%
617.00
+31.00%
471.00
-0.21%
472.00
Stockholders Equity
-459.00
-400.00%
153.00
-95.05%
3,092.00
+16.90%
2,645.00
Common Stock Equity
-459.00
-400.00%
153.00
-95.05%
3,092.00
+16.90%
2,645.00
Capital Stock
5.00
+0.00%
5.00
+0.00%
5.00
+0.00%
5.00
Common Stock
5.00
+0.00%
5.00
+0.00%
5.00
+0.00%
5.00
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
486.54
+1.05%
481.50
+0.32%
479.99
+0.22%
478.91
Ordinary Shares Number
311.73
+1.64%
306.69
+0.50%
305.18
-5.66%
323.48
Treasury Shares Number
174.81
+0.00%
174.81
+0.00%
174.81
+12.47%
155.43
Additional Paid In Capital
6,447.00
+0.80%
6,396.00
-0.14%
6,405.00
+1.25%
6,326.00
Retained Earnings
-3,249.00
-29.86%
-2,502.00
-795.00%
360.00
+240.63%
-256.00
Gains Losses Not Affecting Retained Earnings
-232.00
+26.58%
-316.00
-27.42%
-248.00
+15.65%
-294.00
Treasury Stock
3,430.00
+0.00%
3,430.00
+0.00%
3,430.00
+9.38%
3,136.00
Minority Interest
Other Equity Adjustments
-232.00
+26.58%
-316.00
-27.42%
-248.00
+15.65%
-294.00
Total Equity Gross Minority Interest
-459.00
-400.00%
153.00
-95.05%
3,092.00
+16.90%
2,645.00
Total Capitalization
15,521.00
+1.46%
15,298.00
-12.11%
17,405.00
+12.22%
15,510.00
Working Capital
-1,018.00
-23.24%
-826.00
-18.17%
-699.00
-103.20%
-344.00
Invested Capital
16,595.00
+0.65%
16,488.00
-12.22%
18,783.00
+13.78%
16,508.00
Total Debt
19,329.00
+5.00%
18,408.00
+3.22%
17,833.00
+13.84%
15,665.00
Net Debt
16,489.00
+4.74%
15,743.00
+5.47%
14,927.00
+15.53%
12,920.00
Capital Lease Obligations
2,275.00
+9.74%
2,073.00
-3.22%
2,142.00
+18.87%
1,802.00
Net Tangible Assets
-4,362.00
-16.54%
-3,743.00
-359.26%
-815.00
+36.63%
-1,286.00
Tangible Book Value
-4,362.00
-16.54%
-3,743.00
-359.26%
-815.00
+36.63%
-1,286.00
Derivative Product Liabilities
222.00
+24.72%
178.00
-60.71%
453.00
-26.58%
617.00
Line Of Credit
1,074.00
-9.75%
1,190.00
-13.64%
1,378.00
+38.08%
998.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,625.00
-26.93%
2,224.00
-10.11%
2,474.00
-2.52%
2,538.00
Cash Flow From Continuing Operating Activities
1,626.00
-26.86%
2,223.00
-10.11%
2,473.00
-2.56%
2,538.00
Net Income From Continuing Operations
-703.00
+77.59%
-3,137.00
-794.03%
452.00
-78.05%
2,059.00
Depreciation Amortization Depletion
2,265.00
-45.05%
4,122.00
+60.33%
2,571.00
+170.35%
951.00
Depreciation
2,265.00
-45.05%
4,122.00
+60.33%
2,571.00
+170.35%
951.00
Depreciation And Amortization
2,265.00
-45.05%
4,122.00
+60.33%
2,571.00
+170.35%
951.00
Other Non Cash Items
113.00
+135.42%
48.00
-28.36%
67.00
+4.69%
64.00
Stock Based Compensation
63.00
+1360.00%
-5.00
-105.75%
87.00
-33.08%
130.00
Provisionand Write Offof Assets
127.00
+5.83%
120.00
+29.03%
93.00
+63.16%
57.00
Asset Impairment Charge
0.00
-100.00%
1,048.00
0.00
0.00
Deferred Tax
-132.00
+71.24%
-459.00
-20.79%
-380.00
-226.25%
301.00
Deferred Income Tax
-132.00
+71.24%
-459.00
-20.79%
-380.00
-226.25%
301.00
Operating Gains Losses
-181.00
-2685.71%
7.00
+115.56%
-45.00
+94.51%
-820.00
Gain Loss On Investment Securities
-37.00
-628.57%
7.00
-94.02%
117.00
+114.36%
-815.00
Gain Loss On Sale Of PPE
-144.00
0.00
+100.00%
-162.00
-3140.00%
-5.00
Change In Working Capital
73.00
-84.79%
480.00
+229.38%
-371.00
-81.86%
-204.00
Change In Receivables
-11.00
-147.83%
23.00
+110.65%
-216.00
+18.18%
-264.00
Changes In Account Receivables
-11.00
-147.83%
23.00
+110.65%
-216.00
+18.18%
-264.00
Change In Prepaid Assets
-12.00
-250.00%
8.00
+120.51%
-39.00
+69.05%
-126.00
Change In Payables And Accrued Expense
40.00
-87.80%
328.00
+490.48%
-84.00
-142.86%
196.00
Change In Accrued Expense
63.00
-80.56%
324.00
+930.77%
-39.00
-148.75%
80.00
Change In Payable
-23.00
-675.00%
4.00
+108.89%
-45.00
-138.79%
116.00
Change In Account Payable
12.00
+185.71%
-14.00
+70.83%
-48.00
-211.63%
43.00
Change In Other Current Assets
437.00
+13.21%
386.00
+5.75%
365.00
+30.36%
280.00
Change In Other Current Liabilities
-381.00
-43.77%
-265.00
+33.25%
-397.00
-36.90%
-290.00
Investing Cash Flow
-1,995.00
+31.89%
-2,929.00
+27.21%
-4,024.00
+4.94%
-4,233.00
Cash Flow From Continuing Investing Activities
-1,994.00
+31.90%
-2,928.00
+27.22%
-4,023.00
+4.96%
-4,233.00
Net PPE Purchase And Sale
8,286.00
+7.60%
7,701.00
+35.60%
5,679.00
-12.76%
6,510.00
Sale Of PPE
8,286.00
+7.60%
7,701.00
+35.60%
5,679.00
-12.76%
6,510.00
Capital Expenditure
-10,280.00
+3.28%
-10,629.00
-9.55%
-9,702.00
+9.72%
-10,746.00
Capital Expenditure Reported
-10,280.00
+3.28%
-10,629.00
-9.55%
-9,702.00
+9.72%
-10,746.00
Net Investment Purchase And Sale
0.00
Sale Of Investment
0.00
Net Business Purchase And Sale
-1.00
+0.00%
-1.00
+93.75%
-16.00
Purchase Of Business
-16.00
Gain Loss On Sale Of Business
0.00
0.00
Net Other Investing Changes
-1.00
+0.00%
-1.00
+0.00%
-1.00
-105.26%
19.00
Financing Cash Flow
372.00
-43.47%
658.00
-49.89%
1,313.00
+169.61%
487.00
Cash Flow From Continuing Financing Activities
372.00
-43.47%
658.00
-49.89%
1,313.00
+169.61%
487.00
Net Issuance Payments Of Debt
503.00
-30.72%
726.00
-56.73%
1,678.00
-44.31%
3,013.00
Issuance Of Debt
8,432.00
-1.02%
8,519.00
-0.16%
8,533.00
-11.78%
9,672.00
Repayment Of Debt
-7,929.00
-1.75%
-7,793.00
-13.68%
-6,855.00
-2.94%
-6,659.00
Long Term Debt Issuance
8,432.00
-1.02%
8,519.00
-0.16%
8,533.00
-11.78%
9,672.00
Long Term Debt Payments
-7,929.00
-1.75%
-7,793.00
-13.68%
-6,855.00
-2.94%
-6,659.00
Net Long Term Debt Issuance
503.00
-30.72%
726.00
-56.73%
1,678.00
-44.31%
3,013.00
Net Common Stock Issuance
0.00
0.00
+100.00%
-315.00
+87.20%
-2,461.00
Common Stock Payments
0.00
0.00
+100.00%
-315.00
+87.20%
-2,461.00
Common Stock Dividend Paid
0.00
0.00
Cash Dividends Paid
0.00
0.00
0.00
0.00
Repurchase Of Capital Stock
0.00
0.00
+100.00%
-315.00
+87.20%
-2,461.00
Proceeds From Stock Option Exercised
0.00
0.00
-100.00%
3.00
Net Other Financing Charges
-49.00
-1125.00%
-4.00
+55.56%
-9.00
+86.76%
-68.00
Changes In Cash
2.00
+104.26%
-47.00
+80.17%
-237.00
+80.38%
-1,208.00
Effect Of Exchange Rate Changes
32.00
+223.08%
-26.00
-204.00%
25.00
+200.00%
-25.00
Beginning Cash Position
1,133.00
-6.05%
1,206.00
-14.95%
1,418.00
-46.51%
2,651.00
End Cash Position
1,167.00
+3.00%
1,133.00
-6.05%
1,206.00
-14.95%
1,418.00
Free Cash Flow
-8,655.00
-2.97%
-8,405.00
-16.28%
-7,228.00
+11.94%
-8,208.00
Interest Paid Supplemental Data
1,004.00
+25.81%
798.00
+10.68%
721.00
+93.82%
372.00
Income Tax Paid Supplemental Data
80.00
+50.94%
53.00
+60.61%
33.00
-57.69%
78.00
Change In Income Tax Payable
-35.00
-294.44%
18.00
+500.00%
3.00
-95.89%
73.00
Change In Tax Payable
-35.00
-294.44%
18.00
+500.00%
3.00
-95.89%
73.00
Common Stock Issuance
0.00
0.00
Interest Paid CFF
-82.00
-28.13%
-64.00
-56.10%
-41.00
Issuance Of Capital Stock
0.00
0.00
Net Preferred Stock Issuance
0.00
0.00
Preferred Stock Issuance
0.00
0.00
Preferred Stock Payments
0.00
0.00
Sale Of Business
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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