For the year ending 2025-12-31, HTZ has $22,311M in assets. $22,770M in debts. $565M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 565 | 592 | 764 | 943 |
| Vehicle Related Debt | - | - | 152 | 180 |
| Vehicle Related Service | 317 | 258 | - | - |
| Non Vehicle Related Debt | - | - | 290 | 295 |
| Non Vehicle Related Service | 285 | 283 | - | - |
| Restricted cash and cash equivalents | 602 | 541 | 442 | 475 |
| Total cash and cash equivalents and restricted cash and cash equivalents | 1,167 | 1,133 | 1,206 | 1,418 |
| Vehicle Related Debt | - | - | 211 | 111 |
| Vehicle Related Service | 381 | 389 | - | - |
| Non Vehicle Related Debt | - | - | 980 | 863 |
| Non Vehicle Related Service | 729 | 816 | - | - |
| Total receivables, net | 1,110 | 1,205 | 1,191 | 974 |
| Prepaid expenses and other assets | 782 | 894 | 726 | 1,155 |
| Vehicles | 14,039 | 12,714 | 16,806 | 14,281 |
| Less accumulated depreciation | 1,513 | 751 | 2,155 | 1,786 |
| Total revenue earning vehicles, net | 12,526 | 11,963 | 14,651 | 12,495 |
| Property and equipment, net | 566 | 623 | 671 | 637 |
| Operating lease right-of-use assets | 2,257 | 2,088 | 2,253 | 1,887 |
| Net carrying value | 40 | 35 | 45 | 69 |
| Carrying amount | 2,818 | 2,817 | 2,818 | 2,818 |
| Intangible assets, net | 2,858 | 2,852 | 2,863 | 2,887 |
| Goodwill, ending balance | 1,265 | 1,264 | 1,264 | 1,264 |
| Americas Rental Car | 0 | 0 | 0 | 0 |
| International Car Rental | 220 | 220 | 220 | 220 |
| Accumulated impairment losses, ending balance | 220 | 220 | 220 | 220 |
| Goodwill | 1,045 | 1,044 | 1,044 | 1,044 |
| Total assets | 22,311 | 21,802 | 24,605 | 22,497 |
| Vehicle Related Debt | 342 | 161 | 191 | 79 |
| Non Vehicle Related Debt | 517 | 481 | 510 | 578 |
| Accounts payable | 859 | 642 | 701 | 657 |
| Accrued liabilities | 1,231 | 1,174 | 860 | 911 |
| Accrued taxes, net | 131 | 158 | 157 | 170 |
| Outstanding principal-HVFIIIUSVehicle Variable Funding Notes | 1,537 | - | - | - |
| HVFIIISeries20212 | 2,000 | - | - | - |
| HVFIIISeries20221 | 0 | - | - | - |
| HVFIIISeries20222 | 750 | - | - | - |
| HVFIIISeries20224 | 0 | - | - | - |
| HVFIIISeries20225 | 364 | - | - | - |
| HVFIIISeries20231 | 500 | - | - | - |
| HVFIIISeries20232 | 300 | - | - | - |
| HVFIIISeries20233 | 500 | - | - | - |
| HVFIIISeries20234 | 500 | - | - | - |
| HVFIIISeries20241 | 375 | - | - | - |
| HVFIIISeries20242 | 375 | - | - | - |
| HVFIIISeries20251 | 500 | - | - | - |
| HVFIIISeries20252 | 500 | - | - | - |
| HVFIIISeries20253 | 375 | - | - | - |
| HVFIIISeries20254 | 310 | - | - | - |
| HVFIIISeries20255 | 450 | - | - | - |
| HVFIIISeries20256 | 550 | - | - | - |
| Outstanding principal-HVFIIIUSVehicle Medium Term Notes | 8,349 | - | - | - |
| Outstanding principal-Other Fleet Debt | 1,793 | - | - | - |
| Unamortized debt issuance costs and net (discount) premium-Vehicle Debt | 50 | - | - | - |
| Vehicle Related Debt | 11,629 | 11,231 | 12,242 | 10,886 |
| Non Vehicle Related Debt | 5,425 | 5,104 | 3,449 | 2,977 |
| Total debt | 17,054 | 16,335 | 15,691 | 13,863 |
| Public warrants | 222 | 178 | 453 | 617 |
| Operating lease liabilities | 2,275 | 2,073 | 2,142 | 1,802 |
| Self-insured liabilities | 648 | 617 | 471 | 472 |
| Deferred income taxes, net | 350 | 472 | 1,038 | 1,360 |
| Total liabilities | 22,770 | 21,649 | 21,513 | 19,852 |
| Common stock, 0.01 par value, 486,543,836 and 481,502,623shares issued, respectively, and 311,731,792 and 306,690,579shares outstanding, respectively | 5 | 5 | 5 | 5 |
| Treasury stock, at cost, 174,812,044 and 155,430,884common shares, respectively | - | - | 3,430 | 3,136 |
| Treasury stock, at cost, 174,812,044 and 174,812,044 common shares, respectively | 3,430 | 3,430 | - | - |
| Additional paid-in capital | 6,447 | 6,396 | 6,405 | 6,326 |
| Retained earnings (accumulated deficit) | -3,249 | -2,502 | 360 | -256 |
| Accumulated other comprehensive income (loss) | -232 | -316 | -248 | -294 |
| Total stockholder's equity | - | - | 3,092 | 2,645 |
| Total stockholders' equity (deficit) | -459 | 153 | - | - |
| Total liabilities and stockholder's equity (deficit) | 22,311 | 21,802 | 24,605 | 22,497 |
HERTZ GLOBAL HOLDINGS, INC (HTZ)
HERTZ GLOBAL HOLDINGS, INC (HTZ)