HERTZ GLOBAL HLDGS INC (HTZ)
Industrials · Vehicle rental and fleet management · NASDAQ
Hertz operates a global vehicle rental network with a complex debt-financed fleet model, facing profitability challenges and significant refinancing risks.
What HERTZ GLOBAL HLDGS INC does
Hertz Global operates a vehicle rental business with company-operated locations and franchise partners across the Americas and International regions. The company owns and leases a fleet of revenue-earning vehicles and generates revenue through daily, weekly, and long-term vehicle rentals, as well as ancillary services. Hertz manages its fleet through both "program vehicles" (purchased under manufacturer repurchase or guaranteed depreciation agreements) and "non-program vehicles" (full residual risk). The company has complex financing arrangements including secured debt backed by its vehicle fleet.
Themes: ["Vehicle rental and mobility","Fleet financing and capital structure","Automotive residual risk management","Electric vehicle transition","Airport and travel concessions"]
Fundamentals
- Price$2.17 as of 2026-07-09 close
- Market cap$685M as of 2026-07-10
- 1-year return-69.6% as of 2026-07-09 close
- Net margin-7.3% as of 2026-07-10
- Gross margin+36.1% as of 2026-07-10
- ROE-204.3% as of 2026-07-10
- Debt / equity107.93 as of 2026-07-10
- Revenue growth (YoY)-1.0% as of 2026-07-10
- Revenue CAGR (3y)-0.7% SEC XBRL
- Beta2.24 as of 2026-07-10
Key risks (from latest filing)
["Significant debt burden ($18.2 billion as of March 2026) with complex vehicle-backed financing arrangements, limiting financial flexibility and creating refinancing risk","Negative stockholders' equity (deficit of $786 million) and persistent unprofitability with net margin of -7.33%, raising solvency concerns","Exposure to vehicle residual value risk through non-program fleet, sensitive to used car market fluctuations and EV adoption shifts"]
Competitors & peers
- Enterprise Holdings (Enterprise Rent-A-Car)
- Avis Budget Group (ABGC)
- SIXT SE
- Europcar Mobility Group
- Localiza (Brazil-focused)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.