For the year ending 2025-12-31, HTZ made $8,504M in revenue. -$747M in net income. Net profit margin of -8.78%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenues | 8,504 | 9,049 | 9,371 | 8,685 |
| Direct vehicle and operating | 5,489 | 5,689 | 5,455 | 4,808 |
| Depreciation of revenue earning vehicles and lease charges, net | 1,927 | 3,611 | 2,039 | 701 |
| Non-vehicle depreciation and amortization | 117 | 139 | 149 | 142 |
| Selling, general and administrative | 957 | 819 | 962 | 959 |
| Vehicle Related Service | 608 | -590 | - | - |
| Non Vehicle Related Service | 469 | -369 | - | - |
| Interest expense, net | 1,077 | -959 | -793 | -328 |
| Other (income) expense, net | 3 | -4 | -12 | -2 |
| (gain) on sale of non-vehicle capital assets | 144 | 0 | 0 | 0 |
| Legal settlement | 154 | - | - | - |
| Bankruptcy-related litigation reserve | 24 | 292 | - | - |
| Long-lived assets impairment | 0 | 1,048 | - | - |
| Change in fair value of public warrants | 44 | -275 | -163 | -704 |
| Total expenses | 9,334 | 12,286 | 9,085 | 6,236 |
| Income (loss) before income taxes | -830 | -3,237 | 286 | 2,449 |
| Income (loss) before income taxes and equity in earnings (losses) of subsidiaries | - | - | 286 | 2,449 |
| Income tax (provision) benefit | -83 | -375 | -330 | 390 |
| Net income (loss) | - | - | 616 | 2,059 |
| Net (income) loss attributable to noncontrolling interests | - | - | 0 | 0 |
| Net income (loss) | -747 | -2,862 | 616 | 2,059 |
| Series a preferred stock deemed dividends-Series APreferred Stock | - | - | 0 | 0 |
| Net income (loss) available to hertz global common stockholders | - | - | 616 | 2,059 |
| Basic EPS | -2.41 | -9.34 | 1.97 | 5.43 |
| Diluted EPS | -2.43 | -9.34 | 1.39 | 3.36 |
| Basic Average Shares | 310,000,000 | 306,000,000 | 313,000,000 | 379,000,000 |
| Diluted Average Shares | 322,000,000 | 306,000,000 | 326,000,000 | 403,000,000 |
HERTZ GLOBAL HOLDINGS, INC (HTZ)
HERTZ GLOBAL HOLDINGS, INC (HTZ)