hertz operates the hertz, dollar, thrifty and firefly car rental brands in more than 11,000 corporate and licensee locations throughout 140 countries in north america, europe, latin america, asia, australia, africa, the middle east and new zealand. hertz is the largest worldwide airport general use car rental company with more than 1,700 airport locations in the u.s. and more than 1,300 airport locations internationally. product and service initiatives such as hertz gold plus rewards, neverlost®, carfirmations, mobile wi-fi and unique vehicles offered through the adrenaline, dream, family, fun, green and prestige collections set hertz apart from the competition. additionally, hertz owns the vehicle leasing and fleet management leader donlen corporation, operates the hertz 24/7 hourly car rental business and sells vehicles through its rent2buy program. the company also owns hertz equipment rental corporation (herc), one of the largest equipment rental businesses with more than 355 l
Company profile
Ticker
HTZ, HTZWW
Exchange
Website
CEO
Paul E. Stone
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Hertz Rental Car Holding Company, Inc.
SEC CIK
Corporate docs
Subsidiaries
Hertz Global Holdings, Inc. • The Hertz Corporation • Rental Car Intermediate Holdings, LLC • U.S. and Countries Outside Europe • Thrifty Insurance Agency, Inc. • Dollar Thrifty Automotive Group, Inc. • Executive Ventures, Ltd. • Firefly Rent A Car LLC • Hertz Aircraft, LLC • Hertz Canada Vehicles Partnership ...
IRS number
611770902
HTZ stock data
Latest filings (excl ownership)
8-K
Hertz Reports First Quarter 2024 Results
25 Apr 24
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Entry into a Material Definitive Agreement
22 Apr 24
ARS
2023 FY
Annual report to shareholders
9 Apr 24
DEFA14A
Additional proxy soliciting materials
9 Apr 24
DEF 14A
Definitive proxy
9 Apr 24
8-K
Departure of Directors or Certain Officers
3 Apr 24
8-K
Departure of Directors or Certain Officers
22 Mar 24
8-K
Departure of Directors or Certain Officers
18 Mar 24
8-K
Departure of Directors or Certain Officers
27 Feb 24
Transcripts
HTZ
Earnings call transcript
2024 Q1
25 Apr 24
HTZ
Earnings call transcript
2023 Q4
6 Feb 24
HTZ
Earnings call transcript
2023 Q3
26 Oct 23
HTZ
Earnings call transcript
2023 Q2
27 Jul 23
HTZ
Earnings call transcript
2023 Q1
27 Apr 23
HTZ
Earnings call transcript
2022 Q4
7 Feb 23
HTZ
Earnings call transcript
2022 Q3
27 Oct 22
HTZ
Earnings call transcript
2022 Q2
28 Jul 22
HTZ
Earnings call transcript
2022 Q1
28 Apr 22
HTZ
Earnings call transcript
2021 Q4
24 Feb 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.06 bn | 1.06 bn | 1.06 bn | 1.06 bn | 1.06 bn | |
Cash burn (monthly) | 36.67 mm | 37.67 mm | (no burn) | (no burn) | (no burn) | |
Cash used (since last report) | 253.27 mm | 260.18 mm | n/a | n/a | n/a | |
Cash remaining | 802.73 mm | 795.82 mm | n/a | n/a | n/a | |
Runway (months of cash) | 21.9 | 21.1 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 252 |
Opened positions | 37 |
Closed positions | 47 |
Increased positions | 63 |
Reduced positions | 105 |
13F shares | Current |
---|---|
Total value | 3.74 tn |
Total shares | 487.01 mm |
Total puts | 8.87 mm |
Total calls | 4.00 mm |
Total put/call ratio | 2.2 |
Largest owners | Shares | Value |
---|---|---|
Knighthead Capital Management | 181.46 mm | $2.22 tn |
CK Amarillo | 181.46 mm | $2.92 bn |
BLK Blackrock | 12.60 mm | $154.35 bn |
Vanguard | 12.27 mm | $150.27 bn |
Third Point | 7.49 mm | $91.81 bn |
Marathon Asset Management | 6.76 mm | $82.81 bn |
Pentwater Capital Management | 5.50 mm | $67.40 bn |
Dimensional Fund Advisors | 5.22 mm | $63.89 bn |
Rubric Capital Management | 5.17 mm | $63.27 bn |
GS Goldman Sachs | 5.15 mm | $63.06 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | West W Gilbert | Common Stock | Grant | Acquire A | No | No | 0 | 1,910,369 | 0.00 | 1,910,369 |
1 Apr 24 | West W Gilbert | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,292,864 | 0.00 | 2,292,864 |
31 Mar 24 | Evelina Vougessis Machas | Common Stock | Grant | Acquire A | No | No | 7.83 | 1,597 | 12.50 k | 43,350 |
30 Mar 24 | Kelly Galloway | Common Stock | Payment of exercise | Dispose F | No | No | 7.83 | 378 | 2.96 k | 50,704 |
30 Mar 24 | Eric Leef | Common Stock | Payment of exercise | Dispose F | No | No | 7.83 | 1,254 | 9.82 k | 104,748 |
News
Hertz Faces Tough Road Ahead: High Fleet Costs, Liquidity Concerns Trigger Downgrades
26 Apr 24
Peeling Back The Layers: Exploring Hertz Global Holdings Through Analyst Insights
26 Apr 24
'Hertz To Sell Off Even More EVs As Depreciation Losses Mount' - InsideEVs
26 Apr 24
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26 Apr 24
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26 Apr 24
Press releases
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
25 Apr 24
Hertz Global Holdings, Inc. to Announce First Quarter 2024 Financial Results on April 25th
8 Apr 24
Hertz Announces Appointment of Gil West as Chief Executive Officer as Stephen Scherr Steps Down as CEO of the Company
15 Mar 24
HERTZ REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
6 Feb 24