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 1.29B
Enterprise Value 20.05B 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 13.00 PEG
P/S 0.15 P/B -2.80 P/C
EV/EBITDA 137.33 EV/Sales 2.36 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 125.79M Short Float 49.17% Short Ratio 10.15
Short Interest 52W High 9.39 52W Low 3.25
Beta 2.14 Avg Volume 5.83M Volume 3.28M
Target Price $4.33 Recom Hold Prev Close $4.01
Price $4.12 Change 2.74%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$4.33
Mean price target
2. Current target
$4.12
Latest analyst target
3. DCF / Fair value
$0.69
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.12
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
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 57737 Stock Award(Grant) at price 0.00 per share. KOSMAN MARK E Officer 2026-03-02 00:00:00 D
1 288684 Stock Award(Grant) at price 0.00 per share. DUBE SANDEEP Officer 2026-03-02 00:00:00 D
2 173211 Stock Award(Grant) at price 0.00 per share. BERG CHRISTOPHER G. Officer 2026-03-02 00:00:00 D
3 173211 Stock Award(Grant) at price 0.00 per share. MOORE MICHAEL S Chief Operating Officer 2026-03-02 00:00:00 D
4 173211 Stock Award(Grant) at price 0.00 per share. BUSSANI PIERO Officer 2026-03-02 00:00:00 D
5 923788 Stock Award(Grant) at price 0.00 per share. WEST WAYNE GILBERT Chief Executive Officer 2026-03-02 00:00:00 D
6 288684 Stock Award(Grant) at price 0.00 per share. HARALSON SCOTT M Chief Financial Officer 2026-03-02 00:00:00 D
7 115474 Stock Award(Grant) at price 0.00 per share. CHOPRA JYOTI Officer 2026-03-02 00:00:00 D
8 361231 Stock Award(Grant) at price 0.00 per share. BUSSANI PIERO Officer 2026-01-02 00:00:00 D
9 301004 Stock Award(Grant) at price 0.00 per share. CHOPRA JYOTI Officer 2026-01-02 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems23.00M-123.38M68.25M112.11M
TaxRateForCalcs0.100.120.210.16
NormalizedEBITDA2.28B2.91B3.33B3.02B
TotalUnusualItems230.00M-1.06B325.00M704.00M
TotalUnusualItemsExcludingGoodwill230.00M-1.06B325.00M704.00M
NetIncomeFromContinuingOperationNetMinorityInterest-747.00M-2.86B616.00M2.06B
ReconciledDepreciation2.27B4.12B2.57B951.00M
ReconciledCostOfRevenue7.53B9.44B7.64B5.65B
EBITDA2.51B1.84B3.65B3.73B
EBIT247.00M-2.28B1.08B2.78B
NetInterestIncome-1.08B-959.00M-793.00M-328.00M
InterestExpense1.08B959.00M793.00M328.00M
NormalizedIncome-954.00M-1.92B359.25M1.47B
NetIncomeFromContinuingAndDiscontinuedOperation-747.00M-2.86B616.00M2.06B
TotalExpenses8.49B10.26B8.61B6.61B
DilutedAverageShares322.00M306.00M326.00M403.00M
BasicAverageShares310.00M306.00M313.00M379.00M
DilutedEPS-2.43-9.341.393.36
BasicEPS-2.41-9.341.975.43
DilutedNIAvailtoComStockholders-781.00M-2.86B616.00M2.06B
AverageDilutionEarnings-35.00M0.000.00
NetIncomeCommonStockholders-747.00M-2.86B616.00M2.06B
PreferredStockDividends450.00M
NetIncome-747.00M-2.86B616.00M2.06B
MinorityInterests0.000.001.00M
NetIncomeIncludingNoncontrollingInterests-747.00M-2.86B616.00M2.06B
NetIncomeContinuousOperations-747.00M-2.86B616.00M2.06B
TaxProvision-83.00M-375.00M-330.00M390.00M
PretaxIncome-830.00M-3.24B286.00M2.45B
OtherIncomeExpense233.00M-1.07B313.00M702.00M
OtherNonOperatingIncomeExpenses3.00M-4.00M-12.00M-2.00M
SpecialIncomeCharges274.00M-1.34B162.00M0.00
GainOnSaleOfPPE144.00M0.00162.00M0.00
GainOnSaleOfBusiness0.000.00400.00M
OtherSpecialCharges-130.00M292.00M
ImpairmentOfCapitalAssets0.001.05B0.000.00
RestructuringAndMergernAcquisition0.000.00677.00M
GainOnSaleOfSecurity-44.00M275.00M163.00M704.00M
NetNonOperatingInterestIncomeExpense-1.08B-959.00M-793.00M-328.00M
InterestExpenseNonOperating1.08B959.00M793.00M328.00M
OperatingIncome14.00M-1.21B766.00M2.08B
OperatingExpense957.00M819.00M962.00M959.00M
SellingGeneralAndAdministration957.00M819.00M962.00M959.00M
GrossProfit971.00M-390.00M1.73B3.03B
CostOfRevenue7.53B9.44B7.64B5.65B
TotalRevenue8.50B9.05B9.37B8.69B
OperatingRevenue8.50B9.05B9.37B8.69B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber174.81M174.81M174.81M155.43M
OrdinarySharesNumber311.73M306.69M305.18M323.48M
ShareIssued486.54M481.50M479.99M478.91M
NetDebt16.49B15.74B14.93B12.92B
TotalDebt19.33B18.41B17.83B15.66B
TangibleBookValue-4.36B-3.74B-815.00M-1.29B
InvestedCapital16.59B16.49B18.78B16.51B
WorkingCapital-1.02B-826.00M-699.00M-344.00M
NetTangibleAssets-4.36B-3.74B-815.00M-1.29B
CapitalLeaseObligations2.27B2.07B2.14B1.80B
CommonStockEquity-459.00M153.00M3.09B2.65B
TotalCapitalization15.52B15.30B17.41B15.51B
TotalEquityGrossMinorityInterest-459.00M153.00M3.09B2.65B
MinorityInterest0.00
StockholdersEquity-459.00M153.00M3.09B2.65B
GainsLossesNotAffectingRetainedEarnings-232.00M-316.00M-248.00M-294.00M
OtherEquityAdjustments-232.00M-316.00M-248.00M-294.00M
TreasuryStock3.43B3.43B3.43B3.14B
RetainedEarnings-3.25B-2.50B360.00M-256.00M
AdditionalPaidInCapital6.45B6.40B6.41B6.33B
CapitalStock5.00M5.00M5.00M5.00M
CommonStock5.00M5.00M5.00M5.00M
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest22.77B21.65B21.51B19.85B
TotalNonCurrentLiabilitiesNetMinorityInterest19.48B18.48B18.42B17.12B
OtherNonCurrentLiabilities648.00M617.00M471.00M472.00M
LiabilitiesHeldforSaleNonCurrent0.00
DerivativeProductLiabilities222.00M178.00M453.00M617.00M
NonCurrentDeferredLiabilities350.00M472.00M1.04B1.36B
NonCurrentDeferredTaxesLiabilities350.00M472.00M1.04B1.36B
LongTermDebtAndCapitalLeaseObligation18.25B17.22B16.45B14.67B
LongTermCapitalLeaseObligation2.27B2.07B2.14B1.80B
LongTermDebt15.98B15.14B14.31B12.87B
CurrentLiabilities3.29B3.16B3.10B2.74B
CurrentDebtAndCapitalLeaseObligation1.07B1.19B1.38B998.00M
CurrentDebt1.07B1.19B1.38B998.00M
LineOfCredit1.07B1.19B1.38B998.00M
PayablesAndAccruedExpenses2.22B1.97B1.72B1.74B
CurrentAccruedExpenses1.23B1.17B860.00M911.00M
Payables990.00M800.00M858.00M827.00M
TotalTaxPayable131.00M158.00M157.00M170.00M
AccountsPayable859.00M642.00M701.00M657.00M
TotalAssets22.31B21.80B24.61B22.50B
TotalNonCurrentAssets20.03B19.46B22.21B20.11B
OtherNonCurrentAssets782.00M894.00M726.00M1.16B
GoodwillAndOtherIntangibleAssets3.90B3.90B3.91B3.93B
OtherIntangibleAssets2.86B2.85B2.86B2.89B
Goodwill1.04B1.04B1.04B1.04B
NetPPE15.35B14.67B17.57B15.02B
AccumulatedDepreciation-2.26B-1.48B-2.93B-2.53B
GrossPPE17.61B16.16B20.50B17.55B
OtherProperties2.26B2.09B2.25B1.89B
Properties895.00M905.00M1.01B990.00M
CurrentAssets2.28B2.34B2.40B2.39B
OtherCurrentAssets1.16B1.02B
RestrictedCash602.00M541.00M442.00M475.00M
PrepaidAssets1.02B
Receivables1.11B1.21B1.19B974.00M
AccountsReceivable1.11B1.21B1.19B974.00M
AllowanceForDoubtfulAccountsReceivable-53.00M-58.00M-47.00M-45.00M
GrossAccountsReceivable1.16B1.26B1.24B1.02B
CashCashEquivalentsAndShortTermInvestments565.00M592.00M764.00M943.00M
CashAndCashEquivalents565.00M592.00M764.00M943.00M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-8.65B-8.40B-7.23B-8.21B
RepurchaseOfCapitalStock0.000.00-315.00M-2.46B
RepaymentOfDebt-7.93B-7.79B-6.86B-6.66B
IssuanceOfDebt8.43B8.52B8.53B9.67B
IssuanceOfCapitalStock0.000.003.07B
CapitalExpenditure-10.28B-10.63B-9.70B-10.75B
InterestPaidSupplementalData1.00B798.00M721.00M372.00M
IncomeTaxPaidSupplementalData80.00M53.00M33.00M78.00M
EndCashPosition1.17B1.13B1.21B1.42B
BeginningCashPosition1.13B1.21B1.42B2.65B
EffectOfExchangeRateChanges32.00M-26.00M25.00M-25.00M
ChangesInCash2.00M-47.00M-237.00M-1.21B
FinancingCashFlow372.00M658.00M1.31B487.00M
CashFlowFromContinuingFinancingActivities372.00M658.00M1.31B487.00M
NetOtherFinancingCharges-49.00M-68.00M-50.00M-68.00M
InterestPaidCFF-82.00M-64.00M-41.00M
ProceedsFromStockOptionExercised0.000.003.00M77.00M
CashDividendsPaid0.000.000.000.00
CommonStockDividendPaid0.000.00-239.00M
NetPreferredStockIssuance0.000.00-450.00M
PreferredStockPayments0.000.00-1.88B
PreferredStockIssuance0.000.001.43B
NetCommonStockIssuance0.000.00-315.00M-2.46B
CommonStockPayments0.000.00-315.00M-2.46B
CommonStockIssuance0.000.001.64B
NetIssuancePaymentsOfDebt503.00M726.00M1.68B3.01B
NetLongTermDebtIssuance503.00M726.00M1.68B3.01B
LongTermDebtPayments-7.93B-7.79B-6.86B-6.66B
LongTermDebtIssuance8.43B8.52B8.53B9.67B
InvestingCashFlow-2.00B-2.93B-4.02B-4.23B
CashFlowFromContinuingInvestingActivities-1.99B-2.93B-4.02B-4.23B
NetOtherInvestingChanges-1.00M-1.00M-1.00M19.00M
NetInvestmentPurchaseAndSale0.000.00
SaleOfInvestment0.000.00
NetBusinessPurchaseAndSale-1.00M-1.00M-16.00M871.00M
SaleOfBusiness0.000.00871.00M
PurchaseOfBusiness-16.00M0.00
NetPPEPurchaseAndSale8.29B7.70B5.68B6.51B
SaleOfPPE8.29B7.70B5.68B6.51B
CapitalExpenditureReported-10.28B-10.63B-9.70B-10.75B
OperatingCashFlow1.62B2.22B2.47B2.54B
CashFlowFromContinuingOperatingActivities1.63B2.22B2.47B2.54B
ChangeInWorkingCapital73.00M480.00M-371.00M-204.00M
ChangeInOtherCurrentLiabilities-381.00M-265.00M-397.00M-290.00M
ChangeInOtherCurrentAssets437.00M386.00M365.00M280.00M
ChangeInPayablesAndAccruedExpense40.00M328.00M-84.00M196.00M
ChangeInAccruedExpense63.00M324.00M-39.00M80.00M
ChangeInPayable-23.00M4.00M-45.00M116.00M
ChangeInAccountPayable12.00M-14.00M-48.00M43.00M
ChangeInTaxPayable-35.00M18.00M3.00M73.00M
ChangeInIncomeTaxPayable-35.00M18.00M3.00M73.00M
ChangeInPrepaidAssets-12.00M8.00M-39.00M-126.00M
ChangeInReceivables-11.00M23.00M-216.00M-264.00M
ChangesInAccountReceivables-11.00M23.00M-216.00M-264.00M
OtherNonCashItems113.00M45.00M66.00M64.00M
StockBasedCompensation63.00M-5.00M87.00M130.00M
ProvisionandWriteOffofAssets127.00M120.00M93.00M57.00M
AssetImpairmentCharge0.001.05B0.000.00
DeferredTax-132.00M-459.00M-380.00M301.00M
DeferredIncomeTax-132.00M-459.00M-380.00M301.00M
DepreciationAmortizationDepletion2.27B4.12B2.57B951.00M
DepreciationAndAmortization2.27B4.12B2.57B951.00M
Depreciation2.27B4.12B2.57B951.00M
OperatingGainsLosses-181.00M-265.00M-208.00M-820.00M
GainLossOnInvestmentSecurities-37.00M-268.00M-46.00M-815.00M
GainLossOnSaleOfPPE-144.00M3.00M-162.00M-5.00M
GainLossOnSaleOfBusiness0.000.00-400.00M
NetIncomeFromContinuingOperations-703.00M-2.86B616.00M2.06B
SEC Filings

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

Public Trades for HTZ
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status