Hertz Global (HTZ) financial statements
Hertz Global reported revenue of $8.5B in fiscal 2025, down 0.4% a year over 9 years.
Net income was -$747M.
The diluted share count rose 283% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Hertz Global's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.8B | $8.8B | $9.5B | $9.8B | $5.3B | $7.3B | $8.7B | $9.4B | $9.0B | $8.5B |
| Selling, general and admin | $899M | $880M | $1.0B | $949M | $645M | $688M | $959M | $962M | $819M | $957M |
| Operating income | — | — | — | — | -$2.1B | $683M | $2.4B | $286M | -$3.2B | -$830M |
| Interest expense | — | — | — | — | $70M | — | $0 | $0 | — | — |
| Pre-tax income | -$470M | -$575M | -$257M | $13M | -$2.1B | $683M | $2.4B | $286M | -$3.2B | -$830M |
| Income tax | $4M | -$902M | -$30M | $63M | -$329M | $318M | $390M | -$330M | -$375M | -$83M |
| Net income | -$491M | $327M | -$225M | -$58M | -$1.7B | $366M | $2.1B | $616M | -$2.9B | -$747M |
| EPS (diluted) | -$5.85 | $3.44 | -$2.35 | -$0.49 | -$11.44 | -$0.27 | $3.36 | $1.39 | -$9.34 | -$2.43 |
| Diluted shares | 84M | 95M | 96M | 117M | 150M | 315M | 403M | 326M | 306M | 322M |
| Operating margin | — | — | — | — | -39.0% | 9.3% | 28.2% | 3.1% | -35.8% | -9.8% |
| Net margin | -5.6% | 3.7% | -2.4% | -0.6% | -32.6% | 5.0% | 23.7% | 6.6% | -31.6% | -8.8% |
Balance sheet
Fiscal years, from Hertz Global's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $816M | $1.1B | $1.1B | $865M | $1.1B | $2.3B | $943M | $764M | $592M | $565M |
| Property, plant and equipment | $858M | $840M | $778M | $757M | $666M | $608M | $637M | $671M | $623M | — |
| Goodwill | $1.1B | $1.1B | $1.1B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B | $1.0B |
| Total assets | $19.2B | $20.1B | $21.4B | $24.6B | $16.9B | $19.8B | $22.5B | $24.6B | $21.8B | $22.3B |
| Long-term debt | — | — | — | — | $6.3B | $10.9B | $13.9B | $15.7B | — | — |
| Total liabilities | $18.1B | $18.5B | $20.3B | $22.7B | $16.8B | $16.8B | $19.9B | $21.5B | $21.6B | $22.8B |
| Shareholders' equity | $1.1B | $1.5B | $1.1B | $1.8B | $56M | $3.0B | $2.6B | $3.1B | $153M | -$459M |
| Net debt | -$816M | -$1.1B | -$1.1B | -$865M | $5.2B | $8.6B | $12.9B | $14.9B | -$592M | -$565M |
Cash flow
Fiscal years, from Hertz Global's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.5B | $2.4B | $2.6B | $2.9B | $953M | $1.8B | $2.5B | $2.5B | $2.2B | $1.6B |
| Stock-based compensation | $13M | $19M | $14M | $18M | -$2M | $10M | $130M | $87M | $63M | $63M |
| Share buybacks (net) | -$100M | $0 | $0 | $0 | $0 | -$654M | -$2.5B | -$315M | $0 | $0 |
| Net borrowing | -$56M | — | — | — | — | — | — | — | — | — |
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What was Hertz Global's revenue in 2025?
$8.5B in fiscal 2025, from its 10-K filing.
From Hertz Global's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.