Hertz Global Holdings, Inc. (HTZ)

Hertz Global Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	8,516	9,049	9,371	8,685	7,336	5,258
Revenue	8,516	9,049	9,371	8,685	7,336	5,258
Revenue Growth (YoY)	-7.36%	-3.44%	7.90%	18.39%	39.52%	-46.23%
Cost of Revenue	7,536	9,258	7,465	5,489	4,417	5,428
Gross Profit	980	-209	1,906	3,196	2,919	-170
Selling, General & Admin	949	803	1,001	986	694	640
Operating Expenses	1,069	942	1,150	1,128	890	865
Operating Income	-89	-1,151	756	2,068	2,029	-1,035
Interest Expense	-1,158	-959	-793	-328	-461	-608
Currency Exchange Gain (Loss)	-	-	-	-2	2	-
Other Non Operating Income (Expenses)	-123	279	161	711	-602	-4
EBT Excluding Unusual Items	-1,370	-1,831	124	2,449	968	-1,647
Merger & Restructuring Charges	-66	-66	-	-	-	-37
Gain (Loss) on Sale of Assets	128	-	162	-	400	20
Asset Writedown	-	-1,048	-	-	-	-213
Legal Settlements	138	-292	-	-	-	-
Other Unusual Items	-	-	-	-	-685	-175
Pretax Income	-1,170	-3,237	286	2,449	683	-2,052
Income Tax Expense	-138	-375	-330	390	318	-329
Earnings From Continuing Operations	-1,032	-2,862	616	2,059	365	-1,723
Net Income to Company	-1,032	-2,862	616	2,059	365	-1,723
Minority Interest in Earnings	-	-	-	-	1	9
Net Income	-1,032	-2,862	616	2,059	366	-1,714
Preferred Dividends & Other Adjustments	-	-	-	-	450	-
Net Income to Common	-1,032	-2,862	616	2,059	-84	-1,714
Net Income Growth	-	-	-70.08%	462.57%	-	-
Shares Outstanding (Basic)	308	306	313	379	315	150
Shares Outstanding (Diluted)	308	306	326	403	315	150
Shares Change (YoY)	0.65%	-6.13%	-19.11%	27.94%	110.00%	28.21%
EPS (Basic)	-3.35	-9.35	1.97	5.43	-0.27	-11.43
EPS (Diluted)	-3.35	-9.35	1.39	3.36	-0.27	-11.44
EPS Growth	-	-	-58.76%	-	-	-
Free Cash Flow	279	-727	-1,730	-1,710	-2,601	5,411
Free Cash Flow Per Share	0.91	-2.38	-5.31	-4.24	-8.26	36.07
Gross Margin	11.51%	-2.31%	20.34%	36.80%	39.79%	-3.23%
Operating Margin	-1.04%	-12.72%	8.07%	23.81%	27.66%	-19.68%
Profit Margin	-12.12%	-31.63%	6.57%	23.71%	-1.15%	-32.60%
Free Cash Flow Margin	3.28%	-8.03%	-18.46%	-19.69%	-35.45%	102.91%
EBITDA	31	-1,012	905	2,210	2,225	-810
EBITDA Margin	0.36%	-11.18%	9.66%	25.45%	30.33%	-15.40%
D&A For EBITDA	120	139	149	142	196	225
EBIT	-89	-1,151	756	2,068	2,029	-1,035
EBIT Margin	-1.04%	-12.72%	8.07%	23.81%	27.66%	-19.68%
Effective Tax Rate	-	-	-	15.93%	46.56%	-
Advertising Expenses	-	264	285	262	195	-

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q