Hertz Global Holdings share price today
Hertz Global Holdings, Inc. · HTZ · Industrials · Rental & Leasing Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists
Hertz Global Holdings share price: $2.26 at the close on 4 November 2026, −65.7% in a year.
Hertz Global Holdings, Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
The price has been between phases. But the balance sheet is under water: net worth is negative, so shareholders come after everyone the company owes. What will decide it: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first.
What is the Hertz Global Holdings share price today?
Hertz Global Holdings, Inc.'s share price was $2.26 at the close on 4 November 2026. That is 39.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $2 and $7, and at that close it sat 12% of the way up from that low.
A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.
Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 3 weeks in a row.
Nov 2026: $2.26, 39.2% below its 200-day average.
- Price $2.26
- 50-day avg $1.96
- 200-day avg $3.72
| Week | Price | 50-day avg | 200-day avg |
|---|---|---|---|
| 11 Jul 2025 | $7.54 | – | – |
| 18 Jul 2025 | $7.53 | – | – |
| 25 Jul 2025 | $7.44 | – | – |
| 1 Aug 2025 | $5.99 | – | – |
| 8 Aug 2025 | $5.56 | – | – |
| 15 Aug 2025 | $5.11 | – | – |
| 22 Aug 2025 | $5.83 | – | – |
| 29 Aug 2025 | $5.73 | – | – |
| 5 Sep 2025 | $5.47 | – | – |
| 12 Sep 2025 | $6.40 | – | – |
| 19 Sep 2025 | $6.80 | $6.24 | – |
| 26 Sep 2025 | $6.77 | $6.16 | – |
| 3 Oct 2025 | $6.25 | $6.06 | – |
| 10 Oct 2025 | $5.60 | $5.95 | – |
| 17 Oct 2025 | $5.21 | $5.92 | – |
| 24 Oct 2025 | $5.18 | $5.89 | – |
| 31 Oct 2025 | $5.13 | $5.87 | – |
| 7 Nov 2025 | $6.58 | $5.92 | – |
| 14 Nov 2025 | $5.65 | $5.98 | – |
| 21 Nov 2025 | $5.09 | $5.88 | – |
| 28 Nov 2025 | $5.24 | $5.79 | – |
| 5 Dec 2025 | $5.06 | $5.61 | – |
| 12 Dec 2025 | $5.15 | $5.46 | – |
| 19 Dec 2025 | $5.15 | $5.39 | – |
| 26 Dec 2025 | $5.36 | $5.38 | – |
| 2 Jan 2026 | $5.22 | $5.38 | – |
| 9 Jan 2026 | $5.66 | $5.42 | – |
| 16 Jan 2026 | $5.58 | $5.43 | – |
| 23 Jan 2026 | $5.53 | $5.36 | – |
| 30 Jan 2026 | $4.90 | $5.29 | – |
| 6 Feb 2026 | $5.29 | $5.29 | – |
| 13 Feb 2026 | $5.04 | $5.30 | – |
| 20 Feb 2026 | $4.67 | $5.28 | – |
| 27 Feb 2026 | $4.54 | $5.20 | – |
| 6 Mar 2026 | $4.12 | $5.11 | – |
| 13 Mar 2026 | $3.89 | $4.97 | – |
| 20 Mar 2026 | $3.95 | $4.84 | – |
| 27 Mar 2026 | $4.60 | $4.74 | – |
| 2 Apr 2026 | $5.11 | $4.67 | – |
| 10 Apr 2026 | $6.32 | $4.73 | – |
| 17 Apr 2026 | $7.43 | $4.92 | – |
| 24 Apr 2026 | $5.71 | $5.06 | $5.60 |
| 1 May 2026 | $6.14 | $5.15 | $5.56 |
| 8 May 2026 | $6.05 | $5.31 | $5.52 |
| 15 May 2026 | $5.53 | $5.46 | $5.49 |
| 22 May 2026 | $5.30 | $5.56 | $5.47 |
| 29 May 2026 | $5.40 | $5.66 | $5.46 |
| 5 Jun 2026 | $5.09 | $5.77 | $5.46 |
| 12 Jun 2026 | $5.13 | $5.80 | $5.45 |
| 18 Jun 2026 | $5.05 | $5.76 | $5.43 |
| 26 Jun 2026 | $2.64 | $5.47 | $5.38 |
| 2 Jul 2026 | $2.12 | $5.06 | $5.31 |
| 10 Jul 2026 | $2.05 | $4.67 | $5.19 |
| 17 Jul 2026 | $1.80 | $4.26 | $5.07 |
| 24 Jul 2026 | $1.81 | $3.83 | $4.95 |
| 31 Jul 2026 | $1.58 | $3.46 | $4.86 |
| 7 Aug 2026 | $2.27 | $3.12 | $4.77 |
| 14 Aug 2026 | $2.24 | $2.83 | $4.70 |
| 21 Aug 2026 | $2.25 | $2.53 | $4.62 |
| 28 Aug 2026 | $2.14 | $2.24 | $4.51 |
| 4 Sep 2026 | $2.30 | $2.05 | $4.42 |
| 11 Sep 2026 | $2.04 | $2.03 | $4.36 |
| 18 Sep 2026 | $1.82 | $2.01 | $4.28 |
| 25 Sep 2026 | $1.74 | $2.00 | $4.20 |
| 2 Oct 2026 | $1.76 | $1.99 | $4.11 |
| 9 Oct 2026 | $1.92 | $2.01 | $4.03 |
| 16 Oct 2026 | $1.73 | $2.03 | $3.94 |
| 23 Oct 2026 | $2.04 | $1.99 | $3.86 |
| 30 Oct 2026 | $1.92 | $1.97 | $3.77 |
| 4 Nov 2026 | $2.26 | $1.96 | $3.72 |
Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Ahead in 18 of 57 weeks
| Week | 13-week return vs S&P 500 |
|---|---|
| 11 Jul 2025 | no S&P 500 reading |
| 18 Jul 2025 | no S&P 500 reading |
| 25 Jul 2025 | no S&P 500 reading |
| 1 Aug 2025 | no S&P 500 reading |
| 8 Aug 2025 | no S&P 500 reading |
| 15 Aug 2025 | no S&P 500 reading |
| 22 Aug 2025 | no S&P 500 reading |
| 29 Aug 2025 | no S&P 500 reading |
| 5 Sep 2025 | no S&P 500 reading |
| 12 Sep 2025 | no S&P 500 reading |
| 19 Sep 2025 | no S&P 500 reading |
| 26 Sep 2025 | no S&P 500 reading |
| 3 Oct 2025 | no S&P 500 reading |
| 10 Oct 2025 | −30.4% |
| 17 Oct 2025 | −36.7% |
| 24 Oct 2025 | −36.7% |
| 31 Oct 2025 | −24.1% |
| 7 Nov 2025 | +13.0% |
| 14 Nov 2025 | +6.1% |
| 21 Nov 2025 | −14.8% |
| 28 Nov 2025 | −14.5% |
| 5 Dec 2025 | −13.4% |
| 12 Dec 2025 | −23.2% |
| 19 Dec 2025 | −26.8% |
| 26 Dec 2025 | −25.1% |
| 2 Jan 2026 | −18.6% |
| 9 Jan 2026 | −5.2% |
| 16 Jan 2026 | +3.0% |
| 23 Jan 2026 | +5.0% |
| 30 Jan 2026 | −5.9% |
| 6 Feb 2026 | −22.5% |
| 13 Feb 2026 | −12.3% |
| 20 Feb 2026 | −12.9% |
| 27 Feb 2026 | −13.7% |
| 6 Mar 2026 | −16.6% |
| 13 Mar 2026 | −21.6% |
| 20 Mar 2026 | −18.6% |
| 27 Mar 2026 | −6.0% |
| 2 Apr 2026 | +1.9% |
| 10 Apr 2026 | +13.8% |
| 17 Apr 2026 | +30.5% |
| 24 Apr 2026 | −0.3% |
| 1 May 2026 | +21.2% |
| 8 May 2026 | +7.6% |
| 15 May 2026 | +1.3% |
| 22 May 2026 | +5.3% |
| 29 May 2026 | +8.7% |
| 5 Jun 2026 | +13.9% |
| 12 Jun 2026 | +19.9% |
| 18 Jun 2026 | +12.7% |
| 26 Jun 2026 | −57.6% |
| 2 Jul 2026 | −72.1% |
| 10 Jul 2026 | −78.7% |
| 17 Jul 2026 | −80.4% |
| 24 Jul 2026 | −71.8% |
| 31 Jul 2026 | −77.9% |
| 7 Aug 2026 | −67.3% |
| 14 Aug 2026 | −64.5% |
| 21 Aug 2026 | −60.2% |
| 28 Aug 2026 | −62.1% |
| 4 Sep 2026 | −59.2% |
| 11 Sep 2026 | −63.3% |
| 18 Sep 2026 | −66.0% |
| 25 Sep 2026 | −39.9% |
| 2 Oct 2026 | −20.3% |
| 9 Oct 2026 | −9.5% |
| 16 Oct 2026 | −6.6% |
| 23 Oct 2026 | +9.9% |
| 30 Oct 2026 | +20.4% |
| 4 Nov 2026 | +0.4% |
Over the last 1 year the share price moved −70% while the S&P 500 moved +23%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.
This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.
What dividend does Hertz Global Holdings pay?
Hertz Global Holdings, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.
Which stock lists is Hertz Global Holdings on?
Hertz Global Holdings is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.
Is Hertz Global Holdings profitable?
Hertz Global Holdings, Inc. earned $64.0 M of net profit in the Jun 2026 quarter. The full FY25 year was a loss of $747 M. That is 2.7% of the quarter's revenue. The same quarter a year earlier lost $294 M. 9 of the last 12 reported quarters were loss-making.
Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.
FY25 profit −$747 M
- Net profit −$747 M
| Quarter | Net profit |
|---|---|
| FY21 | $365 M |
| FY22 | $2.1 B |
| FY23 | $616 M |
| FY24 | −$2.9 B |
| FY25 | −$747 M |
Growth on a year earlier
- Growth on a year earlier −564.6%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 464.1% |
| FY23 | −70.1% |
| FY24 | −564.6% |
| FY25 | – |
Jun 2026: $64.0 M
- Net profit (quarterly) $64.0 M
| Quarter | Net profit (quarterly) |
|---|---|
| Sep 2023 | $629 M |
| Dec 2023 | −$348 M |
| Mar 2024 | −$186 M |
| Jun 2024 | −$865 M |
| Sep 2024 | −$1.3 B |
| Dec 2024 | −$479 M |
| Mar 2025 | −$443 M |
| Jun 2025 | −$294 M |
| Sep 2025 | $184 M |
| Dec 2025 | −$194 M |
| Mar 2026 | −$333 M |
| Jun 2026 | $64.0 M |
Growth on a year earlier
- Growth on a year earlier −311.8%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 9% |
| Dec 2023 | −400% |
| Mar 2024 | −194.9% |
| Jun 2024 | −722.3% |
| Sep 2024 | −311.8% |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | – |
How much revenue does Hertz Global Holdings make, and is it growing?
Hertz Global Holdings, Inc. reported $2.4 B of revenue in the Jun 2026 quarter, +9.7% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 3.8% a year on average. The last full year, FY25, came in at $8.5 B.
Revenue is everything the company billed its customers in the period.
The last four reported quarters add to $8.9 B.
FY25 revenue was $8.5 B, −6.0% on the year before.
FY25 revenue $8.5 B (−6.0% on the year before), 3.8% a year over 4 years
- Revenue $8.5 B
| Quarter | Revenue |
|---|---|
| FY21 | $7.3 B |
| FY22 | $8.7 B |
| FY23 | $9.4 B |
| FY24 | $9.0 B |
| FY25 | $8.5 B |
Growth on a year earlier
- Growth on a year earlier −6%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 18.4% |
| FY23 | 7.9% |
| FY24 | −3.4% |
| FY25 | −6% |
Jun 2026: $2.4 B (+9.7% on a year earlier), the 2nd quarter in a row of growth
- Revenue (quarterly) $2.4 B
| Quarter | Revenue (quarterly) |
|---|---|
| Sep 2023 | $2.7 B |
| Dec 2023 | $2.2 B |
| Mar 2024 | $2.1 B |
| Jun 2024 | $2.4 B |
| Sep 2024 | $2.6 B |
| Dec 2024 | $2.0 B |
| Mar 2025 | $1.8 B |
| Jun 2025 | $2.2 B |
| Sep 2025 | $2.5 B |
| Dec 2025 | $2.0 B |
| Mar 2026 | $2.0 B |
| Jun 2026 | $2.4 B |
Growth on a year earlier
- Growth on a year earlier 9.7%
| Quarter | Growth on a year earlier |
|---|---|
| Sep 2023 | 8.3% |
| Dec 2023 | 7.3% |
| Mar 2024 | 1.6% |
| Jun 2024 | −3.4% |
| Sep 2024 | −4.7% |
| Dec 2024 | −6.6% |
| Mar 2025 | −12.8% |
| Jun 2025 | −7.1% |
| Sep 2025 | −3.8% |
| Dec 2025 | −0.6% |
| Mar 2026 | 10.5% |
| Jun 2026 | 9.7% |
Recent pace: the last four quarters grew +4.0% on average, against 3.8% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.
Is growth speeding up? Revenue over the last 12 months grew +3.4%, against −2.2% a year over the last 8 quarters (accelerating).
How much of every $100 of sales does Hertz Global Holdings keep?
Hertz Global Holdings, Inc.'s operating margin was 7.1% in the Jun 2026 quarter, 2.5 percentage points higher than the same quarter a year ago. Across 5 years it has been between −12.7% and 27.7%. The latest quarter is within that range.
Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.
Why the margin moved: operating margin changed +2.5 percentage points on the year while gross margin changed +2.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged.
FY25: 0.3%, within a range of −12.7% to 27.7% over 5 years
- Operating margin 0.3%
| Quarter | Operating margin |
|---|---|
| FY21 | 27.7% |
| FY22 | 23.8% |
| FY23 | 8.1% |
| FY24 | −12.7% |
| FY25 | 0.3% |
Change on the year before (points)
- Change on the year before (points) +13.0 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | −3.9 pts |
| FY23 | −15.7 pts |
| FY24 | −20.8 pts |
| FY25 | +13.0 pts |
Jun 2026: operating margin 7.1% (+2.5 points on a year earlier)
- Operating margin 7.1%
| Quarter | Operating margin |
|---|---|
| Sep 2023 | 17.1% |
| Dec 2023 | −15.5% |
| Mar 2024 | −21.6% |
| Jun 2024 | −17.3% |
| Sep 2024 | −2.1% |
| Dec 2024 | −11.9% |
| Mar 2025 | −13.5% |
| Jun 2025 | 4.6% |
| Sep 2025 | 12% |
| Dec 2025 | −6.1% |
| Mar 2026 | −4.1% |
| Jun 2026 | 7.1% |
Change on a year earlier (points)
- Change on a year earlier (points) +2.5 pts
| Quarter | Change on a year earlier (points) |
|---|---|
| Sep 2023 | −8.5 pts |
| Dec 2023 | −22.2 pts |
| Mar 2024 | −30.8 pts |
| Jun 2024 | −35.5 pts |
| Sep 2024 | −19.2 pts |
| Dec 2024 | +3.6 pts |
| Mar 2025 | +8.1 pts |
| Jun 2025 | +21.9 pts |
| Sep 2025 | +14.1 pts |
| Dec 2025 | +5.8 pts |
| Mar 2026 | +9.4 pts |
| Jun 2026 | +2.5 pts |
Is Hertz Global Holdings' profit turning into cash?
Over the last 3 years, 224% of Hertz Global Holdings, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $1.6 B of operating cash against −$747 M of profit.
The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.
After $2.2 B of spending on assets, free cash was −$569 M: it spent more than its operations brought in.
Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.
FY25: operating cash $1.6 B against profit −$747 M; 224% of 3 years' profit came in as cash
- Operating cash $1.6 B
- Net profit −$747 M
- Free cash −$569 M
| Quarter | Operating cash | Net profit | Free cash |
|---|---|---|---|
| FY21 | $1.8 B | $365 M | −$2.6 B |
| FY22 | $2.5 B | $2.1 B | −$1.7 B |
| FY23 | $2.5 B | $616 M | −$1.7 B |
| FY24 | $2.2 B | −$2.9 B | −$727 M |
| FY25 | $1.6 B | −$747 M | −$569 M |
Jun 2026: operating cash $381 M = 595% of the quarter's profit
- Operating cash (quarterly) $381 M
| Quarter | Operating cash (quarterly) |
|---|---|
| Sep 2023 | $851 M |
| Dec 2023 | $564 M |
| Mar 2024 | $370 M |
| Jun 2024 | $546 M |
| Sep 2024 | $894 M |
| Dec 2024 | $414 M |
| Mar 2025 | $251 M |
| Jun 2025 | $346 M |
| Sep 2025 | $835 M |
| Dec 2025 | $193 M |
| Mar 2026 | $20.0 M |
| Jun 2026 | $381 M |
Operating cash as % of profit
- Operating cash as % of profit 595%
| Quarter | Operating cash as % of profit |
|---|---|
| Sep 2023 | 135% |
| Dec 2023 | – |
| Mar 2024 | – |
| Jun 2024 | – |
| Sep 2024 | – |
| Dec 2024 | – |
| Mar 2025 | – |
| Jun 2025 | – |
| Sep 2025 | 454% |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | 595% |
Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.
What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.
Where does Hertz Global Holdings' cash go?
Hertz Global Holdings, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $9.3 B on assets over the last 3 years. Averaged over those years that is 36.6% of FY25 revenue a year.
Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.
Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.
Spending on assets: $9.3 B over the last 3 years.
FY25: capex $2.2 B, steady spending
- Capex $2.2 B
| Quarter | Capex |
|---|---|
| FY21 | $4.4 B |
| FY22 | $4.2 B |
| FY23 | $4.2 B |
| FY24 | $3.0 B |
| FY25 | $2.2 B |
Jun 2026: capex $1.1 B in the quarter
- Capex (quarterly) $1.1 B
| Quarter | Capex (quarterly) |
|---|---|
| Sep 2023 | $385 M |
| Dec 2023 | $81.0 M |
| Mar 2024 | $704 M |
| Jun 2024 | $2.1 B |
| Sep 2024 | $499 M |
| Dec 2024 | $332 M |
| Mar 2025 | $745 M |
| Jun 2025 | $945 M |
| Sep 2025 | $209 M |
| Dec 2025 | $295 M |
| Mar 2026 | $1.1 B |
| Jun 2026 | $1.1 B |
Free cash
- Free cash −$706 M
| Quarter | Free cash |
|---|---|
| Sep 2023 | $466 M |
| Dec 2023 | $645 M |
| Mar 2024 | −$334 M |
| Jun 2024 | −$1.5 B |
| Sep 2024 | $395 M |
| Dec 2024 | $746 M |
| Mar 2025 | −$494 M |
| Jun 2025 | −$599 M |
| Sep 2025 | $626 M |
| Dec 2025 | −$102 M |
| Mar 2026 | −$1.1 B |
| Jun 2026 | −$706 M |
In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.
What is Hertz Global Holdings' P/E ratio, and how does it compare with its own history?
Hertz Global Holdings, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Hertz Global Holdings, Inc. at 0.1× its FY25 revenue of $8.5 B. The P/E comes back here once profit turns positive.
P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.
Is the Hertz Global Holdings business getting better or worse?
Hertz Global Holdings, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 1 measure, with some gaps.
Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.
Growth year by year: revenue −6.0% in FY25
- Revenue growth −6.0%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 18.4% |
| FY23 | 7.9% |
| FY24 | −3.4% |
| FY25 | −6% |
Profit growth, EPS growth
- Profit growth −300%
- EPS growth −300%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | 300% | – |
| FY23 | −70.1% | −58.8% |
| FY24 | −300% | −300% |
| FY25 | – | – |
Three growth lines over twelve quarters: revenue accelerating
- Revenue 3.4%
| Quarter | Revenue |
|---|---|
| Sep 2023 | 7.2% |
| Dec 2023 | 7.9% |
| Mar 2024 | 5.4% |
| Jun 2024 | 3.4% |
| Sep 2024 | −0.3% |
| Dec 2024 | −3.4% |
| Mar 2025 | −6.6% |
| Jun 2025 | −7.6% |
| Sep 2025 | −7.4% |
| Dec 2025 | −6% |
| Mar 2026 | −1% |
| Jun 2026 | 3.4% |
Profit, EPS
- Profit −300%
- EPS −300%
| Quarter | Profit | EPS |
|---|---|---|
| Sep 2023 | −35.8% | 7% |
| Dec 2023 | −70.1% | −79.9% |
| Mar 2024 | −87.2% | −118.4% |
| Jun 2024 | −174.9% | −261.9% |
| Sep 2024 | −300% | −300% |
| Dec 2024 | −300% | −300% |
| Mar 2025 | −300% | – |
| Jun 2025 | – | – |
| Sep 2025 | – | – |
| Dec 2025 | – | – |
| Mar 2026 | – | – |
| Jun 2026 | – | – |
Why it matters: with too little history, we say so rather than guess a direction.
The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone.
There are fewer than eight usable quarters, so this page does not guess a direction from so little history.
Compound annual growth rate (%)
Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.
| Measure | 1yr | 3yr | 5yr | 10yr |
|---|---|---|---|---|
| Revenue | −6.0% | −0.7% | — | — |
| Stock price | −65.7% | — | — | — |
How much does Hertz Global Holdings earn on its capital?
Hertz Global Holdings, Inc. earned a ROE of 163% in FY25. That is up from a low of −1,871% in FY24. Its return on capital used (ROIC) is 2.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.
Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.
It comes from a −8.8% net margin and 0.38× asset turnover (sales divided by assets).
Why the return is what it is (FY25): a −8.8% net margin × 0.38× asset turnover × −48.61× leverage (assets divided by equity) ≈ 162.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.
The key test, return on capital used minus the cost of capital: 1.4% − 4.1% = −2.7 percentage points. The 4.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.
The 1.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 0.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.
FY25: ROE 163%, the climb back from FY24's −1,871%
- ROE 162.7%
- ROIC (annual) 0.2%
- Cost of capital 4.1%
| Quarter | ROE | ROIC (annual) | Cost of capital |
|---|---|---|---|
| FY21 | 12.3% | 8.9% | 4.1% |
| FY22 | 62.8% | 11.2% | 4.1% |
| FY23 | 19.9% | 4% | 4.1% |
| FY24 | −1,870.6% | −6% | 4.1% |
| FY25 | 162.7% | 0.2% | 4.1% |
Jun 2026: ROIC −0.5% (last 12 months) against a 4.1% cost of capital
- ROIC (12 months) −0.5%
- ROE (12 months) −459.5%
- Cost of capital 4.1%
| Quarter | ROIC (12 months) | ROE (12 months) | Cost of capital |
|---|---|---|---|
| Dec 2022 | 3.5% | 84.1% | 4.1% |
| Mar 2023 | 0.7% | 15.4% | 4.1% |
| Jun 2023 | 1% | 25.9% | 4.1% |
| Sep 2023 | 2% | 19.8% | 4.1% |
| Dec 2023 | 2.2% | 80.8% | 4.1% |
| Mar 2024 | −1.6% | −43% | 4.1% |
| Jun 2024 | −2.2% | −25.2% | 4.1% |
| Sep 2024 | −2% | −145.1% | 4.1% |
| Dec 2024 | −0.3% | −403.8% | 4.1% |
| Mar 2025 | −1.3% | −459.5% | 4.1% |
| Sep 2025 | 0.5% | – | 4.1% |
| Jun 2026 | −0.5% | – | 4.1% |
Does Hertz Global Holdings have too much debt?
Hertz Global Holdings, Inc.'s net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from 4.17 in FY21 to −42.11 in FY25. So the returns on this page come from the business, not from borrowed money.
Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.
FY25: debt $19.3 B, −42.11× equity
- Total debt $19.3 B
| Quarter | Total debt |
|---|---|
| FY21 | $12.4 B |
| FY22 | $15.7 B |
| FY23 | $17.8 B |
| FY24 | $18.4 B |
| FY25 | $19.3 B |
Debt-to-equity
- Debt-to-equity −42.1×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 4.17× |
| FY22 | 4.78× |
| FY23 | 5.77× |
| FY24 | 120.3× |
| FY25 | −42.1× |
Jun 2026: debt $21.1 B, debt-to-equity −33.58
- Total debt (quarterly) $21.1 B
| Quarter | Total debt (quarterly) |
|---|---|
| Sep 2023 | $18.1 B |
| Dec 2023 | $17.8 B |
| Mar 2024 | $17.8 B |
| Jun 2024 | $19.5 B |
| Sep 2024 | $19.0 B |
| Dec 2024 | $18.4 B |
| Mar 2025 | $18.9 B |
| Jun 2025 | $19.9 B |
| Sep 2025 | $19.7 B |
| Dec 2025 | $19.3 B |
| Mar 2026 | $20.6 B |
| Jun 2026 | $21.1 B |
Debt-to-equity
- Debt-to-equity −33.6×
| Quarter | Debt-to-equity |
|---|---|
| Sep 2023 | 5.34× |
| Dec 2023 | 5.77× |
| Mar 2024 | 6.35× |
| Jun 2024 | 9.95× |
| Sep 2024 | 27.9× |
| Dec 2024 | 120.3× |
| Mar 2025 | −72.1× |
| Jun 2025 | −39.5× |
| Sep 2025 | −62.1× |
| Dec 2025 | −42.1× |
| Mar 2026 | −26.2× |
| Jun 2026 | −33.6× |
What is the Hertz Global Holdings shareholding pattern?
74.2% of Hertz Global Holdings, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 7.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.
There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.
It is a single reading at one point in time; we do not have its history.
Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.
How far is Hertz Global Holdings from balance-sheet trouble?
For Hertz Global Holdings, Inc., the Z-score is 0.11. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.
The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.
Why it matters: a Z-score of 0.11 is inside the danger zone, so the balance sheet is a real risk.
How does Hertz Global Holdings rank in its industry?
41.8 out of 100, rank 12 of 18 in Rental & Leasing Services, with 64% of the evidence available.
Hertz Global Holdings, Inc. scores 41.8 out of 100 against the 18 companies it is compared with in Rental & Leasing Services, ranking 12. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
The four parts add up to the total exactly: 21.2 + 4.5 + 10.9 + 5.2 = 41.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.
What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.
Which companies is Hertz Global Holdings compared with?
Hertz Global Holdings ranks 12 of 18 Rental & Leasing Services companies on the 4-Factor Sector Score, with 41.8 out of 100.
- 1AerCap Holdings N.V.AER · turning · Most evidence points up · 81% evidence71.4out of 100
How the score adds up
Growth & earnings 26.0/35 · Revenue 12.3% · Profit 15.1% · Operating margin change 7 points · 83% evidenceCapital efficiency 13.9/25 · ROCE 7.7% · Operating margin 57.5% · 76% evidenceValuation 15.7/20 · P/E 6.8× · PEG 0.26 · 65% evidenceRelative strength 15.8/20 · Lead over its industry 4.8% · Lead over S&P 500 7.8% · 1 year 24.6% · 100% evidence · 1 of 12 weeks aheadExact sum: 26 + 13.9 + 15.7 + 15.8 = 71.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 2United Rentals, Inc.URI · quiet · Most evidence points up · 85% evidence69.6out of 100
How the score adds up
Growth & earnings 23.8/35 · Revenue 9.4% · Profit 12.9% · Operating margin change 2.7 points · 95% evidenceCapital efficiency 19.4/25 · ROCE 16.4% · Operating margin 29.2% · 76% evidenceValuation 10.0/20 · P/E 21.8× · PEG 1.28 · 65% evidenceRelative strength 16.4/20 · Lead over its industry 8.7% · Lead over S&P 500 11.3% · 1 year 32.5% · 100% evidence · 2 of 12 weeks aheadExact sum: 23.8 + 19.4 + 10 + 16.4 = 69.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. - 3PROG Holdings, Inc.PRG · quiet · Evidence leans up · 66% evidence62.0out of 100
How the score adds up
Growth & earnings 16.8/35 · Revenue — · Profit — · Operating margin change -0.7 points · 39% evidenceCapital efficiency 20.3/25 · ROCE 21.5% · Operating margin 16.6% · 76% evidenceValuation 10.6/20 · P/E 12.7× · PEG 1.33 · 65% evidenceRelative strength 14.3/20 · Lead over its industry 5.7% · Lead over S&P 500 7.9% · 1 year 45.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 16.8 + 20.3 + 10.6 + 14.3 = 62 · What this means: Relative strength against the index is 7.9%, and revenue and profit growth are weak. - 4McGrath RentCorpMGRC · turning · Evidence leans up · 81% evidence58.3out of 100
How the score adds up
Growth & earnings 9.8/35 · Revenue -1% · Profit -39.3% · Operating margin change -1 points · 83% evidenceCapital efficiency 16.5/25 · ROCE 10.3% · Operating margin 23.3% · 76% evidenceValuation 14.4/20 · P/E 19.5× · PEG 0.36 · 65% evidenceRelative strength 17.6/20 · Lead over its industry 7.7% · Lead over S&P 500 10.6% · 1 year 27% · 100% evidence · 1 of 12 weeks aheadExact sum: 9.8 + 16.5 + 14.4 + 17.6 = 58.3 · What this means: Relative strength against the index is 10.6%, and revenue and profit growth are weak. - 5Ryder System, Inc.R · turning · Evidence leans up · 68% evidence58.3out of 100
How the score adds up
Growth & earnings 21.0/35 · Revenue — · Profit — · Operating margin change 0.4 points · 45% evidenceCapital efficiency 12.4/25 · ROCE 8.5% · Operating margin 9.5% · 76% evidenceValuation 6.5/20 · P/E 16.9× · PEG 2.45 · 65% evidenceRelative strength 18.4/20 · Lead over its industry 13.8% · Lead over S&P 500 16.2% · 1 year 67.1% · 100% evidence · 2 of 12 weeks aheadExact sum: 21 + 12.4 + 6.5 + 18.4 = 58.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 6Sunbelt Rentals Holdings, Inc.SUNB · turning · Evidence leans up · 85% evidence56.9out of 100
How the score adds up
Growth & earnings 16.1/35 · Revenue 5.8% · Profit -8.9% · Operating margin change 0.7 points · 95% evidenceCapital efficiency 17.1/25 · ROCE 11.5% · Operating margin 22.4% · 76% evidenceValuation 11.7/20 · P/E 21.2× · PEG 1.1 · 65% evidenceRelative strength 12.0/20 · Lead over its industry 1% · Lead over S&P 500 3.7% · 1 year 29.6% · 100% evidence · 1 of 12 weeks aheadExact sum: 16.1 + 17.1 + 11.7 + 12 = 56.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 7Custom Truck One Source, Inc.CTOS · quiet · Evidence leans up · 74% evidence56.1out of 100
How the score adds up
Growth & earnings 21.4/35 · Revenue 7% · Profit — · Operating margin change 2.8 points · 62% evidenceCapital efficiency 8.4/25 · ROCE 6.9% · Operating margin 9.3% · 76% evidenceValuation 11.8/20 · P/E 125.4× · PEG 0.95 · 65% evidenceRelative strength 14.5/20 · Lead over its industry 12.7% · Lead over S&P 500 14.5% · 1 year 75.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 21.4 + 8.4 + 11.8 + 14.5 = 56.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 8GATX CorporationGATX · turning · Evidence leans up · 81% evidence52.9out of 100
How the score adds up
Growth & earnings 18.8/35 · Revenue 22.7% · Profit 14.9% · Operating margin change -4.3 points · 83% evidenceCapital efficiency 11.6/25 · ROCE 3.5% · Operating margin 27.8% · 76% evidenceValuation 11.7/20 · P/E 17.4× · PEG 1.13 · 65% evidenceRelative strength 10.8/20 · Lead over its industry -1.9% · Lead over S&P 500 0.8% · 1 year 23% · 100% evidence · 1 of 12 weeks aheadExact sum: 18.8 + 11.6 + 11.7 + 10.8 = 52.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 9Willis Lease Finance CorporationWLFC · quiet · Evidence leans up · 81% evidence51.4out of 100
How the score adds up
Growth & earnings 21.6/35 · Revenue 18.4% · Profit -25.6% · Operating margin change 1.4 points · 83% evidenceCapital efficiency 14.3/25 · ROCE 8.3% · Operating margin 37.7% · 76% evidenceValuation 14.0/20 · P/E 18.7× · PEG 0.78 · 65% evidenceRelative strength 1.5/20 · Lead over its industry -23.6% · Lead over S&P 500 -22.1% · 1 year 18.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 21.6 + 14.3 + 14 + 1.5 = 51.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 10Vestis CorporationVSTS · turning · Evidence leans down · 64% evidence47.9out of 100
How the score adds up
Growth & earnings 15.0/35 · Revenue -0.4% · Profit — · Operating margin change 0.4 points · 62% evidenceCapital efficiency 6.9/25 · ROCE 4.6% · Operating margin 5.9% · 76% evidenceValuation 11.5/20 · P/E -356.1× · PEG — · 15% evidenceRelative strength 14.5/20 · Lead over its industry 30.1% · Lead over S&P 500 32.2% · 1 year 179.2% · 100% evidence · 2 of 12 weeks aheadExact sum: 15 + 6.9 + 11.5 + 14.5 = 47.9 · What this means: Relative strength against the index is 32.2%, and revenue and profit growth are weak. - 11Herc Holdings Inc.HRI · quiet · Evidence leans down · 74% evidence45.7out of 100
- 12Hertz Global Holdings, Inc. this pageHTZ · turning · Evidence leans down · 64% evidence41.8out of 100
How the score adds up
Growth & earnings 21.2/35 · Revenue 3.4% · Profit — · Operating margin change 2.5 points · 62% evidenceCapital efficiency 4.5/25 · ROCE 1.5% · Operating margin 7.1% · 76% evidenceValuation 10.9/20 · P/E -2.6× · PEG — · 15% evidenceRelative strength 5.2/20 · Lead over its industry -49.7% · Lead over S&P 500 -48% · 1 year -65.7% · 100% evidence · 2 of 12 weeks aheadExact sum: 21.2 + 4.5 + 10.9 + 5.2 = 41.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. - 13Avis Budget Group, Inc.CAR · basing · Evidence leans down · 64% evidence41.7out of 100
- 14Alta Equipment Group Inc.ALTG · quiet · Evidence leans down · 64% evidence37.4out of 100
- 15WillScot Holdings CorporationWSC · basing · Evidence leans down · 71% evidence35.2out of 100
- 16U-Haul Holding CompanyUHAL · quiet · Most evidence points down · 71% evidence30.5out of 100
- 17EquipmentShare.com Inc.EQPT · quiet · Too little evidence to rank firmly · 44% evidence44.1out of 100
- 18Neutron Holdings, Inc.LIME · quiet · Too little evidence to rank firmly · 28% evidence33.7out of 100
Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.
The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.
Related companies: Rental & Leasing Services, all 18 compared on one page.
Which companies are close to Hertz Global Holdings in size?
Hertz Global Holdings is the 16th largest of 17 Rental & Leasing Services companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: McGrath RentCorp, Custom Truck One Source, Inc., Vestis Corporation, PROG Holdings, Inc. and Willis Lease Finance Corporation. Just below it: Alta Equipment Group Inc.
Rental & Leasing Services companies close in size
- McGrath RentCorp $3.2 billion
- Custom Truck One Source, Inc. $2.3 billion
- Vestis Corporation $2 billion
- PROG Holdings, Inc. $1.6 billion
- Willis Lease Finance Corporation $1 billion
- Hertz Global Holdings, Inc. $806 million
- Alta Equipment Group Inc. $225 million
All 17 Rental & Leasing Services companies, largest first
Companies close in size in other industries
- Playtika Holding Corp. $809 million · Electronic Gaming & Multimedia
- China Yuchai International Limited $807 million · Auto Manufacturers
- Hertz Global Holdings, Inc. $806 million
- T1 Energy Inc. $804 million · Electrical Equipment & Parts
- Arbutus Biopharma Corporation $803 million · Biotechnology
What else do people ask about Hertz Global Holdings?
What were Hertz Global Holdings's latest quarterly results?
Hertz Global Holdings, Inc. reported revenue of $2.4 B and net profit of $64.0 M for the Jun 2026 quarter. Earnings per share were $0.06. The operating margin was 7.1%, 2.5 percentage points higher than a year earlier (as of 4 November 2026).
What is Hertz Global Holdings's market cap?
Hertz Global Holdings, Inc.'s market capitalisation is $806 M at a stock price of $2.26. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).
How is Hertz Global Holdings performing?
Hertz Global Holdings, Inc.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 3 weeks running. This describes what the data did, not a rating (as of 4 November 2026).
Will Hertz Global Holdings's stock price go up?
This page does not forecast Hertz Global Holdings, Inc.'s stock price. What it shows instead: the stock price is $2.26. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).
Is Hertz Global Holdings's profit real cash?
Yes, over the last 3 years, 224% of Hertz Global Holdings, Inc.'s reported profit came in as cash from operations. The latest year was lower at -218%, so the trend is worth watching. In FY25, operating cash was $1.6 B against reported profit of −$747 M.
Most of that cash then goes into building new capacity. These are yearly figures (as of 4 November 2026).
Where is Hertz Global Holdings in its business cycle?
Hertz Global Holdings, Inc.'s FY25 operating margin was 0.3%, against a 5-year range of −12.7% to 27.7%: the middle of its own range, neither a peak nor a low. The latest quarter was 7.1%.
Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).
What could break the Hertz Global Holdings story?
Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.
On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).
Is Hertz Global Holdings a stock worth studying right now?
What the numbers show: Hertz Global Holdings, Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers.
The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).
Where do these numbers come from?
Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.
Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.
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