The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Income (loss) before income taxes and equity in earnings (losses) of subsidiaries | - | - | 286 | 2,449 |
| Income tax (provision) benefit | - | - | -330 | 390 |
| Net income (loss) | -747 | -2,862 | 616 | 2,059 |
| Depreciation and reserves for revenue earning vehicles, net | 2,148 | 3,983 | 2,422 | 809 |
| Depreciation and amortization, non-vehicle | 117 | 139 | 149 | 142 |
| Amortization of deferred financing costs and debt discount (premium) | 86 | 74 | 61 | 53 |
| Loss on extinguishment of debt | - | - | 0 | 0 |
| Non-cash pik interest on exchangeable notes | 21 | - | - | - |
| Stock-based compensation charges | 63 | 63 | 87 | 130 |
| Stock-based compensation forfeitures | 0 | 68 | - | - |
| Provision for receivables allowance | 127 | 120 | 93 | 57 |
| Deferred income taxes, net | - | -459 | -380 | 301 |
| Technology-related intangible and other asset impairments | - | - | - | 0 |
| Reorganization items, net | - | - | 0 | 0 |
| Deferred income taxes, net | -132 | - | - | - |
| (gain) loss from the sale of a business | - | - | 0 | 0 |
| Long-lived assets impairment | 0 | 1,048 | - | - |
| (gain) loss on sale of non-vehicle capital assets | 144 | -3 | 162 | 5 |
| Change in fair value of public warrants | 44 | -275 | -163 | -704 |
| Changes in financial instruments | 37 | -7 | -117 | 111 |
| Other | 6 | -29 | 5 | 11 |
| Non-vehicle receivables | 11 | -23 | 216 | 264 |
| Prepaid expenses and other assets | 12 | -8 | 39 | 126 |
| Operating lease right-of-use assets | 437 | 386 | 365 | 280 |
| Non-vehicle accounts payable | 12 | -14 | -48 | 43 |
| Accrued liabilities | 63 | 324 | -39 | 80 |
| Accrued taxes, net | -35 | 18 | 3 | 73 |
| Operating lease liabilities | -403 | -417 | -391 | -309 |
| Self-insured liabilities | 22 | 152 | -6 | 19 |
| Net cash provided by (used in) operating activities | 1,625 | 2,224 | 2,474 | 2,538 |
| Revenue earning vehicles expenditures | 10,183 | 10,524 | 9,514 | 10,596 |
| Proceeds from disposal of revenue earning vehicles | 8,086 | 7,678 | 5,498 | 6,498 |
| Non-vehicle capital asset expenditures | 97 | 105 | 188 | 150 |
| Proceeds from disposal of non-vehicle capital assets | 200 | 23 | 181 | 12 |
| Sales of marketable securities | - | - | - | 0 |
| Collateral payments | - | - | 0 | 0 |
| Collateral returned in exchange for letters of credit | - | 0 | 0 | 19 |
| Return of (investment in) equity investments | 1 | 1 | 1 | 16 |
| Proceeds from the sale of a business, net of cash sold | - | - | 0 | 0 |
| Other | - | - | 0 | 0 |
| Net cash provided by (used in) investing activities | -1,995 | -2,929 | -4,024 | -4,233 |
| Proceeds from issuance of debt-Vehicle Related Debt | - | - | 6,043 | 9,672 |
| Proceeds from issuance of debt-Vehicle Related Service | 5,931 | 3,873 | - | - |
| Repayments of debt-Vehicle Related Debt | - | - | 4,837 | 6,639 |
| Repayments of debt-Vehicle Related Service | 5,761 | 4,827 | - | - |
| Proceeds from issuance of debt-Non Vehicle Related Debt | - | - | 2,490 | 0 |
| Proceeds from issuance of debt-Non Vehicle Related Service | 2,501 | 4,646 | - | - |
| Repayments of debt-Non Vehicle Related Debt | - | - | 2,018 | 20 |
| Repayments of debt-Non Vehicle Related Service | 2,168 | 2,966 | - | - |
| Payment of financing costs | 82 | 64 | 41 | 48 |
| Proceeds from plan sponsors | - | - | 0 | 0 |
| Early redemption premium payment | - | - | 0 | 0 |
| Proceeds from issuance of common stock, net | - | - | - | 0 |
| Proceeds from exercises of public warrants | - | 0 | 0 | 3 |
| Proceeds from issuance of preferred stock, net | - | - | 0 | 0 |
| Distributions to common stockholders | - | - | 0 | 0 |
| Contributions from (distributions to) noncontrolling interests | - | - | 0 | 0 |
| Proceeds from 2021 rights offering, net | - | - | 0 | 0 |
| Share repurchases | 0 | 0 | 315 | 2,461 |
| Repurchase of preferred stock | - | - | 0 | 0 |
| Purchase of capped call transactions 2030, net | 38 | - | - | - |
| Other | -11 | -4 | -9 | -20 |
| Net cash provided by (used in) financing activities | 372 | 658 | 1,313 | 487 |
| Effect of foreign currency exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents | 32 | -26 | 25 | -25 |
| Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents during the period | 34 | -73 | -212 | -1,233 |
| Cash and cash equivalents at beginning of period | - | 1,206 | 1,418 | 2,650 |
| Cash and cash equivalents and restricted cash and cash equivalents at beginning of period | 1,133 | - | - | - |
| Cash and cash equivalents at end of period | - | 1,132 | 1,206 | 1,418 |
| Cash and cash equivalents and restricted cash and cash equivalents at end of period | 1,167 | - | - | - |
HERTZ GLOBAL HOLDINGS, INC (HTZ)
HERTZ GLOBAL HOLDINGS, INC (HTZ)