undamentalytics Newsletter
Sign in

Hertz Global Holdings, Inc (HTZ) stock

Add to watchlist

Add holding +

NASDAQ: HTZ Nasdaq Passenger Ground Transportation Next results ~November 5, 2026

C Fundamentals grade

Hertz Global Holdings, Inc is a US-listed company in the passenger ground transportation industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

Under review: every model's value for Hertz Global Holdings, Inc is far from the share price, which usually points to a data problem (a merger, a share-count change, a one-off) rather than a bargain or a bubble.

Price vs value

Under review: our cash-flow value ($30.20) was left out of our combined valuation (it is 14.87x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating. We'll show the comparison once resolved.

Hertz Global Holdings, Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 1 selling0 purchases and 1 sale by directors and officers, last 12 monthsInsider trades
  • Funds142 adding, 122 cuttingOf 47 active managers that changed their stake, 32 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Hertz Global Holdings files

Where Hertz Global stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $8.91bn, up 3.4% on a year earlier, against a decline of 1.0% a quarter earlier. Free-cash-flow margin fell to 14.8% from 21.1% a year earlier. The diluted share count is up 14.2% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 0 of our 2 financial-health checks.

Our model value for Hertz Global Holdings is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Hertz Global Holdings, Inc's trailing-twelve-month revenue grew 3.4% year on year, with a free-cash-flow margin of 14.8%. Where it stands out: free-cash-flow margin of 14.8% ranks 101 of 579 industrials companies we cover. Where it lags: long-term debt as % of assets of 79.9% ranks 449 of 453 industrials companies we cover.

Our discounted-cash-flow model values the business at ~$30 per share in the base case (~$9.6–$57 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 27.3% while net income grew 89.1%: a 116pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Growth speeding up. The growth rate is 4.4 points higher than a quarter earlier.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Share dilution. Diluted shares rose 14.2% in a year.
  • High debt. Long-term debt exceeds cash by $18.4bn, more than 1.5 times annual revenue.
  • Volatile shares. Over the past year the shares showed annualised volatility of 99% and a beta of 1.3 against the S&P 500.
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 79.9% ranks 449 of 453 industrials companies we cover (median 22.6%).
  • Heavily shorted. 71.3% of the shares available to trade are sold short (9.4 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
-$0.11 against an average estimate of -$0.25: beat by 55.8%
Revenue
$2.40bn, up 9.7% on a year earlier
Share reaction
+45.5% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Guidance given
revenue per Unit (RPU) full-year North Star target $1,500 (full-year); net Depreciation per Unit per Month (Net DPU) full-year target $300 (full year)
Next report
November 5, 2026; average EPS estimate $0.25

Hertz Global Holdings' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.6%
  • 1 week+0.5%
  • 1 month+10.8%
  • This year-62.1%
  • 1 year-62.0%
  • 5 years-93.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$8.9B
Net margin
-3.1%
EPS (TTM, diluted)
$-0.79

Growth

Revenue growth
+3.4%
Change in growth rate
+4.4 pts
Share count change
+14.2%

Cash

Free cash flow (TTM)
$1.3B
FCF margin
14.8%
Stock pay % of revenue
0.8%

Earnings

Last results
August 6, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Agreement
  3. Product
  4. Leadership
  5. Results
  6. Leadership
  7. Leadership
  8. Agreement
  9. Announcement
  10. Agreement
  11. Announcement
  12. Results
  13. Guidance
  14. Announcement
  15. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Hertz Global Holdings, Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($30.20) was left out of our combined valuation (it is 14.87x the share price, outside the 0.2-5x range we accept), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of Hertz Global Holdings, Inc's free cash flow after stock-based pay ( $1.7B, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Hertz Global Holdings, Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.7 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$30 ~$9.6–$57 Left out: out of range vs price (15.49x)
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: This model is withheld pending its input or assumption review.
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: This model is withheld pending its input or assumption review.
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: This model is withheld pending its input or assumption review.
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Hertz Global Holdings, Inc with Passenger Ground Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20212022202320242025Now
Share price$24.99$15.39$10.39$3.66$5.14$1.95
Market value$7.9bn$6.2bn$3.4bn$1.1bn$1.7bn$684m
+ Net debt (− = net cash)$8.6bn$12.9bn$14.9bn$15.7bn$16.5bn$18.4bn
Enterprise value$16.5bn$19.1bn$18.3bn$16.9bn$18.1bn$19.1bn
Multiples
Price / sales 1.1x0.7x0.4x0.1x0.2x0.1x
Price / earnings 21.5x3.0x5.5x———
Price / free cash flow 4.5x2.6x1.5x0.5x1.1x0.5x
EV / EBITDA ——————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

45 /100

Moderate moat

How hard Hertz Global Holdings's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median -1.9% of total assets over 10 years.

  • Durability 10 / 20

    Net margin has been a median -5.7%; its worst year was -29.6%.

  • Cash conversion 20 / 20

    Free cash flow was positive in 10 of 10 years, at a median 23.9% of revenue.

  • Discipline 10 / 20

    The diluted share count rose 150.3% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (50 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, before the open. Analysts expect revenue of $2.6bn and EPS of $0.25 (range $0.16 to $0.38) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$0.81 +61% $9.2bn +8%
Next −$0.14 +83% $9.6bn +4%

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 −$0.25 −$0.11 +55.8%
Mar 2026 −$0.72 −$0.72 −0.3%
Dec 2025 −$0.52 −$0.63 −22.2%
Sept 2025 $0.07 $0.12 +83.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 6, 2026
  • Revenue per Unit (RPU) full-year North Star target full-year about $1,500
    “As a result of this continued momentum, backed by a more balanced industry supply-demand environment, Hertz's full-year RPU is expected to trend above its North Star target of $1,500.” source
  • Net Depreciation per Unit per Month (Net DPU) full-year target full year about $300
    “Forward views on residual values remain stable, and through its disciplined fleet strategy, Hertz expects to achieve its Net DPU target of at or below $300 for the full year.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Hertz Global Holdings, Inc's revenue by +4.2% next year and +2.6% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.3%, weight 67%) and the company's own record (+2.0%, weight 33%) . How the weights are set.

Analyst recommendations

9 analysts, Oct 2026
Buy00%
Hold667%
Sell333%

Monthly trend

  1. Oct 20266129
  2. Sep 20266129
  3. Aug 20266129
  4. Jul 20266129

Counts of recommendations published by analysts covering Hertz Global Holdings, Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
71.3%
of tradable shares
Days to cover
9.37
at average volume
Short interest, 1 month
+8%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
1.3%
of shares
Employees
26,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −62.0%

$5.13 on October 31, 2025 to $1.95

ThenNowEffect
Revenue (last 12 months) $8.6bn $8.9bn +3.4%
P/S multiple 0.2x 0.1x −58.0%
Share count 307m 351m −12.5%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −79.1%

$9.33 on November 3, 2023 to $1.95

ThenNowEffect
Revenue (last 12 months) $9.0bn $8.9bn −1.2%
P/S multiple 0.4x 0.1x −78.2%
Share count 341m 351m −2.8%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 20222023202420252026 to date
Return
HTZ−38%−33%−65%+40%−62%
Industry peers (median)−31%+17%−3%+4%−12%
S&P 500−18%+26%+25%+18%+11%
Months that ended higher
HTZ42%50%25%50%46%
S&P 50042%67%75%75%46%
Largest fall from a high during the year
HTZ−41%−59%−75%−44%−81%
S&P 500−25%−10%−8%−19%−9%

Worst fall since July 1, 2021: 96% from November 2, 2021 to August 4, 2026. Getting back needed a 2222% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.51 – $7.81
From 52-week high
−75.0%
vs 50-day average
−0.5%
vs 200-day average
−48.0%
Volatility (1 year)
99%
Beta vs S&P 500
1.33

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±14.5%
After a week
3 up, 9 down
typical move ±13.7%
After a month
5 up, 7 down
typical move ±16.2%
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 +45.5% +0.5% +50.3% +47.4%
May 7, 2026 −6.6% +0.5% −10.0% −21.6%
February 26, 2026 +2.7% −1.0% −2.7% +4.1%
November 4, 2025 +35.1% −0.8% +29.1% +4.0%
August 7, 2025 −0.2% +0.7% −5.9% +7.4%
May 13, 2025 −15.7% +0.8% −6.8% −12.2%
February 13, 2025 −5.0% +1.1% −1.9% −11.5%
November 12, 2024 +12.5% −0.3% +18.7% +27.0%
August 1, 2024 −9.3% −3.3% −9.6% −25.5%
April 25, 2024 −23.8% +0.6% −13.8% −17.6%
February 6, 2024 +6.7% +1.1% −7.7% −8.6%
January 11, 2024 −10.8% 0.0% −7.8% −7.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Hertz Global Holdings, Inc in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Hertz Global Holdings, Inc
$8.5B $9B $9.5B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $9.2B Revenue (TTM), FY23 Q4: $9.4B Revenue (TTM), FY24 Q1: $9.4B Revenue (TTM), FY24 Q2: $9.3B Revenue (TTM), FY24 Q3: $9.2B Revenue (TTM), FY24 Q4: $9B Revenue (TTM), FY25 Q1: $8.8B Revenue (TTM), FY25 Q2: $8.6B Revenue (TTM), FY25 Q3: $8.5B Revenue (TTM), FY25 Q4: $8.5B Revenue (TTM), FY26 Q1: $8.7B Revenue (TTM), FY26 Q2: $8.9B $8.9B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $9.2B
FY23 Q4 $9.4B
FY24 Q1 $9.4B
FY24 Q2 $9.3B
FY24 Q3 $9.2B
FY24 Q4 $9B
FY25 Q1 $8.8B
FY25 Q2 $8.6B
FY25 Q3 $8.5B
FY25 Q4 $8.5B
FY26 Q1 $8.7B
FY26 Q2 $8.9B
Revenue growth, TTM YoY Hertz Global Holdings, Inc
-10% -5% 0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 7.2% Revenue growth, TTM YoY, FY23 Q4: 7.9% Revenue growth, TTM YoY, FY24 Q1: 5.4% Revenue growth, TTM YoY, FY24 Q2: 3.4% Revenue growth, TTM YoY, FY24 Q3: -0.3% Revenue growth, TTM YoY, FY24 Q4: -3.4% Revenue growth, TTM YoY, FY25 Q1: -6.6% Revenue growth, TTM YoY, FY25 Q2: -7.6% Revenue growth, TTM YoY, FY25 Q3: -7.4% Revenue growth, TTM YoY, FY25 Q4: -6.0% Revenue growth, TTM YoY, FY26 Q1: -1.0% Revenue growth, TTM YoY, FY26 Q2: 3.4% 3.4%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 7.2%
FY23 Q4 7.9%
FY24 Q1 5.4%
FY24 Q2 3.4%
FY24 Q3 -0.3%
FY24 Q4 -3.4%
FY25 Q1 -6.6%
FY25 Q2 -7.6%
FY25 Q3 -7.4%
FY25 Q4 -6.0%
FY26 Q1 -1.0%
FY26 Q2 3.4%
FCF margin (TTM) Hertz Global Holdings, Inc
10% 15% 20% 25% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 21.6% FCF margin (TTM), FY23 Q4: 24.4% FCF margin (TTM), FY24 Q1: 22.4% FCF margin (TTM), FY24 Q2: 23.7% FCF margin (TTM), FY24 Q3: 24.5% FCF margin (TTM), FY24 Q4: 23.4% FCF margin (TTM), FY25 Q1: 22.9% FCF margin (TTM), FY25 Q2: 21.1% FCF margin (TTM), FY25 Q3: 20.6% FCF margin (TTM), FY25 Q4: 18.0% FCF margin (TTM), FY26 Q1: 14.8% FCF margin (TTM), FY26 Q2: 14.8% 14.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 21.6%
FY23 Q4 24.4%
FY24 Q1 22.4%
FY24 Q2 23.7%
FY24 Q3 24.5%
FY24 Q4 23.4%
FY25 Q1 22.9%
FY25 Q2 21.1%
FY25 Q3 20.6%
FY25 Q4 18.0%
FY26 Q1 14.8%
FY26 Q2 14.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 9.5 9.0 8.8 8.8 9.5 9.8 5.3 7.3 8.7 9.4 9.0 8.5 8.9
Net income −0.1 0.3 −0.5 0.3 −0.2 −0.1 −1.7 0.4 2.1 0.6 −2.9 −0.7 −0.3
Diluted EPS −$0.45 $1.50 −$2.92 $1.72 −$1.18 −$0.24 −$5.72 −$0.27 $3.36 $1.39 −$9.34 −$2.43 −$0.79
Growth (year on year)
Revenue — −4.8% −2.4% 0.0% +8.0% +2.9% −46.2% +39.5% +18.4% +7.9% −3.4% −6.0% +3.4%
Net income — — −279.9% — −168.8% — — — +462.6% −70.1% −564.6% — —
Diluted EPS — — −295.0% — −168.3% — — — — −58.6% −771.9% — —
Margins
Net margin −0.9% 3.0% −5.6% 3.7% −2.4% −0.6% −32.6% 5.0% 23.7% 6.6% −31.6% −8.8% −3.1%
Free-cash-flow margin 27.5% 28.0% 27.2% 25.2% 25.0% 27.4% 16.3% 23.7% 27.5% 24.4% 23.4% 18.0% 14.8%
Cash flow
Cash from operations 2.9 2.8 2.5 2.4 2.6 2.9 1.0 1.8 2.5 2.5 2.2 1.6 1.4
Capital spending 0.3 0.3 0.1 0.2 0.2 0.2 0.1 0.1 0.2 0.2 0.1 0.1 0.1
Free cash flow 2.6 2.5 2.4 2.2 2.4 2.7 0.9 1.7 2.4 2.3 2.1 1.5 1.3
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 −0.0 0.0 0.1 0.1 0.1 0.1 0.1
Free cash flow after stock pay 2.6 2.5 2.4 2.2 2.4 2.7 0.9 1.7 2.3 2.2 2.1 1.5 1.3
Balance sheet
Cash 0.5 0.5 0.8 1.1 1.1 0.9 1.1 2.3 0.9 0.8 0.6 0.6 0.6
Total debt 0.0 15.8 13.5 14.9 — 17.1 6.3 10.9 13.9 15.7 16.3 17.1 19.1
Net debt (negative = net cash) −0.5 15.3 12.7 13.8 −1.1 16.2 5.2 8.6 12.9 14.9 15.7 16.5 18.4
Diluted shares 182m 182m 168m 190m 192m 234m 300m 315m 403m 326m 306m 322m 351m
Returned to shareholders
Buybacks 0.0 0.6 0.1 0.0 0.0 0.0 0.0 0.7 2.5 0.3 0.0 0.0 —
Total returned 0.0 0.6 0.1 0.0 0.0 0.0 0.0 0.7 2.5 0.3 0.0 0.0 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 2 checks passed · June 30, 2026
  • Short-term assets cover short-term liabilities The company doesn't report a short-term split. Not assessable.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $631m of cash against $19.1bn of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $1.4bn of operating cash flow against $19.1bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Hertz Global Holdings, Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$315M
Diluted share count
+14.2%
year over year
Sales & admin spending
11.1%
of revenue

Competitors: side by side with peers

Closest by revenue in passenger ground transportation
Last 12 months unless stated HTZ CAR LYFT UBER Median
Revenue, last 12 months $8.9bn $11.7bn $6.8bn $55.2bn $10.3bn
Revenue growth, last 12 months 3.4% 0.4% 10.8% 16.7% 7.1%
Revenue growth, 3-year average −0.4% −0.8% 16.8% 16.4% 8.0%
Revenue growth, latest quarter 9.7% −1.3% 16.1% 12.2% 10.9%
Operating margin — — −1.8% 12.1% 5.2%
Operating margin, 3-year average — — −2.1% 8.9% 3.4%
Net margin −3.1% −5.4% 42.3% 17.3% 7.1%
Cash from operations / revenue 16.0% 24.8% 17.6% 18.9% 18.3%
Free-cash-flow margin 14.8% — 15.5% 18.3% 15.5%
Free-cash-flow margin, 3-year average 19.9% — 12.4% 16.1% 16.1%
Stock pay / revenue 0.8% 0.1% 4.6% 3.5% 2.1%
Change in share count 14.2% −0.1% −4.5% −3.1% −1.6%

Median of all 4 companies we cover in passenger ground transportation. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

584 industrials companies
Measure Company Peer median Rank
Revenue growth Growth 3.4% 7.6% 386 of 581
Change in growth rate Growth +4.4pp +1.1pp 159 of 580
Net margin Profitability -3.1% 3.8% 407 of 582
Free-cash-flow margin Cash generation 14.8% 4.6% 101 of 579
Stock pay as % of revenue Cash generation 0.8% 0.9% 233 of 512
Long-term debt as % of assets Balance sheet 79.9% 22.6% 449 of 453
Change in share count Balance sheet 14.2% 0.0% 435 of 529

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue Share YoY
United States $6.4B 75.5% ▼ 9.0%
Outside the US $2.1B 24.5% ▲ 4.7%

From Hertz Global Holdings, Inc's 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$847M
Institutions reporting
285
Shares held vs prior quarter
▲ 5.8%
Positions opened / closed
52 / 35

Top buyers and sellers, Q2 2026: 142 institutions bought and 122 sold ; the biggest buyer was Jane Street Group, LLC (+15.1M shares) and the biggest seller Nomura Holdings Inc (−12.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Knighthead Capital Management, LLC $412M 181.5M 48.6% 0.0%
Blackrock, Inc. $45.9M 20.3M 5.4% ▲ 10.6%
Jane Street Group, LLC $34.7M 15.3M 4.1% ▲ 6196.0%
Pershing Square Inc. $34M 15.0M 4.0% New
UBS Group AG $31M 13.7M 3.7% ▼ 19.5%
Balyasny Asset Management L.P. $14.7M 6.5M 1.7% ▲ 222.4%
State Street Corp $14.5M 6.4M 1.7% ▲ 9.9%
Vanguard Portfolio Management LLC $14.1M 6.2M 1.7% ▼ 8.6%
Ghisallo Capital Management LLC $13M 5.7M 1.5% New
Vanguard Capital Management LLC $12.9M 5.7M 1.5% ▲ 3.6%
Morgan Stanley $11.1M 4.9M 1.3% ▲ 3.1%
Goldman Sachs Group Inc $9.9M 4.4M 1.2% ▲ 2.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Hertz Global Holdings, Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $248,378 1 trade by 1 insider · 0% under pre-set plans
Net ▼ $248,378 net selling
Insider Date Trade Shares Price Value
Moore Michael S. EVP, Chief Operating Officer May 11, 2026 Sell 40,919 $6.07 $248,378

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 14 trades and filings

No trades in Hertz Global Holdings, Inc disclosed in the last 12 months; 14 earlier trades on record.

  • Dan Crenshaw(R-TX 2):Sale (partial), $1,001 - $15,000, traded January 20, 2022, filed February 2, 2022
  • Dan Crenshaw(R-TX 2):Purchase, $1,001 - $15,000, traded March 26, 2020, filed March 24, 2021
  • Carlos Curbelo(FL):Sale (full), $1,001 - $15,000, traded December 29, 2017, filed January 16, 2018

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • February 26, 2026
  • November 4, 2025
  • August 7, 2025
  • May 13, 2025

Recent SEC filings

Data status

When each part of this page on Hertz Global Holdings, Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Hertz Global Holdings, Inc in brief

What does Hertz Global Holdings, Inc do?
Hertz Global Holdings, Inc is a US-listed company in the passenger ground transportation industry. Its financial year ends in December.
What is Hertz Global Holdings, Inc's stock ticker?
Hertz Global Holdings, Inc trades under the ticker HTZ on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Hertz Global Holdings, Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Hertz Global Holdings, Inc reported revenue of $8.9B, 3.4% higher than a year earlier, according to its SEC filings.
What is Hertz Global Holdings, Inc's free cash flow?
Hertz Global Holdings, Inc's free-cash-flow margin is 14.8% of revenue over the trailing twelve months, ranking 101 of the 579 industrials companies we cover.
Who are Hertz Global Holdings, Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Knighthead Capital Management, LLC, Blackrock, Inc. and Jane Street Group, LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Hertz Global Holdings, Inc's market cap?
On November 2, 2026, Hertz Global Holdings, Inc's market capitalisation was about $684M and net debt of $18.4B. Market figures come from third-party market data and may be delayed.
Who are Hertz Global Holdings, Inc's competitors?
In our Passenger Ground Transportation peer group, the companies closest to Hertz Global Holdings, Inc are Avis Budget Group, Inc., Lyft, Inc. and Uber. The side-by-side comparison below sets their revenue, margins and growth against Hertz Global Holdings, Inc's.
Are insiders buying or selling Hertz Global Holdings, Inc stock?
Over the last 12 months, Hertz Global Holdings, Inc's directors and officers reported 0 open-market purchases and 1 sales on Form 4. The insider trading page charts every trade.
When is Hertz Global Holdings, Inc's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Hertz Global Holdings, Inc announces its own schedule.