Earnings summaries and quarterly performance for HERTZ GLOBAL HOLDINGS.
Executive leadership at HERTZ GLOBAL HOLDINGS.
Wayne “Gil” West
Detailed
Chief Executive Officer
CEO
Christopher G. Berg
Detailed
Executive Vice President and Chief Administrative Officer
Mark Kosman
Detailed
Senior Vice President, Chief Accounting Officer
Sandeep Dube
Detailed
Executive Vice President and Chief Commercial Officer
Scott Haralson
Detailed
Executive Vice President and Chief Financial Officer
Board of directors at HERTZ GLOBAL HOLDINGS.
Andrew Shannahan
Detailed
Director
Colin Farmer
Detailed
Chair of the Board
Evangeline Vougessis
Detailed
Director
Francis S. Blake
Detailed
Director
Jennifer Feikin
Detailed
Director
Lucy Clark Dougherty
Detailed
Director
Mark Fields
Detailed
Director
Michael Gregory O’Hara
Detailed
Director
Thomas Wagner
Detailed
Vice Chair of the Board
Vincent J. Intrieri
Detailed
Director
Research analysts who have asked questions during HERTZ GLOBAL HOLDINGS earnings calls.
Chris Woronka
Deutsche Bank AG
4 questions for HTZ
Also covers: CAR, DRH, FUN +13 more
Dan Levy
Barclays PLC
4 questions for HTZ
Also covers: ADNT, ALV, APTV +14 more
Ian Zaffino
Oppenheimer & Co. Inc.
3 questions for HTZ
Also covers: ACA, ALSN, ARMK +18 more
John Babcock
Bank of America
3 questions for HTZ
Also covers: CAR, LAZR, MBLY +2 more
John Healy
Northcoast Research
3 questions for HTZ
Also covers: ACVA, CAR, CPRT +7 more
Stephanie Moore
Jefferies
3 questions for HTZ
Also covers: APG, ARCB, ARMK +30 more
Christopher Stathoulopoulos
Susquehanna Financial Group
2 questions for HTZ
Also covers: AER, ALGT, ALK +8 more
Ryan Brinkman
JPMorgan Chase & Co.
2 questions for HTZ
Also covers: AXL, BWA, CAR +7 more
Elizabeth Dove
Goldman Sachs
1 question for HTZ
Also covers: ARMK, CAR, CCL +11 more
Federico Merendi
Bank of America
1 question for HTZ
Also covers: ABG, AXL, F +6 more
Isaac Sellhausen
Oppenheimer & Co. Inc.
1 question for HTZ
Also covers: ALSN, ATSG, CCSI +9 more
Josh Baba
JPMorgan Chase & Co.
1 question for HTZ
Lizzie Dove
Goldman Sachs
1 question for HTZ
Also covers: CAR, CCL, CZR +10 more
Stefan Vogel
Jefferies
1 question for HTZ
Recent press releases and 8-K filings for HTZ.
Hertz Vehicle Financing III LLC Issues $550 Million in Asset-Backed Notes
HTZ
Debt Issuance
New Projects/Investments
- Hertz Vehicle Financing III LLC, as Issuer, and The Hertz Corporation, as Administrator, issued $550,000,000 in Series 2025-6 Rental Car Asset Backed Notes on December 5, 2025.
- The issuance includes Class A notes totaling $376,750,000 at 4.89%, Class B notes totaling $55,000,000 at 5.14%, Class C notes totaling $74,250,000 at 5.82%, and Class D notes totaling $44,000,000 at 8.30%.
- The Expected Final Payment Date for the Series 2025-6 Notes is May 2031, and the Legal Final Payment Date is May 2032.
Dec 5, 2025, 9:05 PM
Hertz Global Holdings Reports Q3 Net Income
HTZ
Earnings
Revenue Acceleration/Inflection
- Hertz Global Holdings reported its first quarterly profit in over two years, with a net income of $184 million.
- The company generated $2.5 billion in quarterly revenue and $190 million in adjusted corporate EBITDA, attributing the success to improved operational efficiency, a younger vehicle fleet, and reduced depreciation costs.
- Following the positive earnings report, Hertz's shares surged more than 38.26% to $6.83.
- Despite this positive momentum, Hertz stock maintains a consensus Moderate Sell rating from Wall Street analysts, with an average price target suggesting a 39.16% downside from current levels.
Nov 4, 2025, 5:25 PM
Hertz Reports Positive Q3 2025 EPS, Updates Q4 Guidance, and Outlines 2026 Growth Plans
HTZ
Earnings
Guidance Update
New Projects/Investments
- Hertz (HTZ) reported Q3 2025 revenue of $2.5 billion and adjusted corporate EBITDA of $190 million, achieving positive EPS for the first time in two years.
- The company completed its transformative fleet refresh, resulting in an average fleet age under 12 months and a record high utilization rate since 2018 of over 84%.
- Hertz is strategically expanding its Car Sales business, with its rent-to-buy program converting 70% of customers and a long-term goal to sell the majority of vehicles through e-commerce retail.
- For Q4 2025, Hertz updated its guidance to a slightly negative margin range of negative low- to mid-single-digits EBITDA margin, partly due to $10-$20 million in lost revenue from external system outages. The company anticipates growing its fleet again in 2026, with specific growth targets for its on-airport, off-airport, and emerging mobility segments.
Nov 4, 2025, 2:00 PM
Hertz Global Reports Q3 2025 Results
HTZ
Earnings
- Hertz Global reported revenues of $2,478 million and a net income of $184 million for the third quarter of 2025.
- The company achieved an Adjusted Corporate EBITDA of $190 million , resulting in an 8% Adjusted Corporate EBITDA Margin.
- Adjusted free cash flow for Q3 2025 was $248 million.
- Key operational metrics for the quarter included Vehicle Utilization of 84% , Total Revenue Per Transaction Day (RPD) of $59.26 , and Depreciation Per Unit Per Month (DPU) of $273.
Nov 4, 2025, 2:00 PM
Hertz Reports Q3 2025 Financial Results and Operational Progress
HTZ
Earnings
Guidance Update
New Projects/Investments
- Hertz achieved $2.5 billion in revenue and $190 million in adjusted corporate EBITDA for Q3 2025, representing a $350 million year-over-year improvement in EBITDA and marking the first time in two years the company reported positive EPS.
- The company completed its transformative fleet refresh in Q3 2025, resulting in an average fleet age of under 12 months and achieving a record high utilization rate of over 84% since 2018.
- Hertz is expanding its strategy beyond traditional car rental, with Hertz Car Sales transforming into a profit-accretive engine, notably through its rent-to-buy program which boasts a 70% customer purchase conversion rate.
- For Q4 2025, Hertz anticipates a slightly negative EBITDA margin (negative low to mid single digits), partly due to $10 million to $20 million in lost revenue from external system outages. Looking to 2026, the company plans to grow its fleet, expecting airport business growth in the low single digits, off-airport in the mid to high single digits, and the mobility business to grow 10% to 20%.
Nov 4, 2025, 2:00 PM
Hertz Global Holdings, Inc. Reports Q3 2025 Results
HTZ
Earnings
New Projects/Investments
- Hertz Global Holdings, Inc. reported revenue of $2,478 million for the third quarter of 2025.
- The company achieved net income of $184 million and diluted earnings per share (EPS) of $0.42 in Q3 2025, marking the first positive results in two years.
- Adjusted Corporate EBITDA surged to $190 million in Q3 2025, reflecting an increase of approximately $350 million year-over-year.
- Vehicle utilization reached 84% in Q3 2025, the highest since 2018, and Depreciation Per Unit Per Month (DPU) was $273, aligning with the company's target of sub-$300.
- Hertz ended Q3 2025 with over $2.2 billion in liquidity and approximately $250 million in positive Adjusted free cash flow.
Nov 4, 2025, 1:04 PM
Hertz Global Holdings Reports Q3 2025 Results
HTZ
Earnings
Revenue Acceleration/Inflection
Guidance Update
- Hertz Global Holdings reported $2.5 billion in revenue for the third quarter of 2025, achieving positive net income of $184 million and diluted EPS of $0.42, marking the first time in two years.
- Adjusted Corporate EBITDA for Q3 2025 surged by approximately $350 million year-over-year to $190 million.
- Operational efficiency improved, with vehicle utilization reaching over 84%, the highest since 2018, and depreciation per unit per month (DPU) at $273, aligning with the company's sub-$300 target.
- The company ended the quarter with over $2.2 billion in liquidity and approximately $250 million in positive Adjusted free cash flow.
Nov 4, 2025, 1:00 PM
Hertz Car Sales Launches Online Car Buying Platform and Expands Amazon Autos Collaboration
HTZ
Product Launch
New Projects/Investments
- Hertz Car Sales has launched a fully online car-buying experience at HertzCarSales.com, allowing customers nationwide to browse, finance, and purchase vehicles entirely online.
- This digital expansion builds on Hertz Car Sales' recent collaboration with Amazon Autos, which has now expanded to all Hertz Car Sales locations across the U.S..
- The new e-commerce platform enables customers to get trade-in offers, pre-qualify for personalized payments, view protection plans, and secure credit approval online.
- Hertz CEO Gil West stated that this initiative is a critical milestone in the company's strategy to make retail its primary car selling channel.
Sep 30, 2025, 1:00 PM
Hertz Completes $425 Million Exchangeable Senior Notes Offering
HTZ
Debt Issuance
New Projects/Investments
- Hertz Global Holdings, Inc. (HTZ) announced the completion of an offering of $425 million aggregate principal amount of its 5.500% Exchangeable Senior Notes due 2030.
- The offering, completed by its wholly-owned indirect subsidiary The Hertz Corporation, included the exercise in full of the initial purchasers’ option to purchase an additional $50 million principal amount of the Notes.
- The company stated that the offering strengthens its financial position and supports its ongoing corporate transformation, with Pershing Square Capital Management L.P. and other investors increasing their economic exposure, underscoring strong confidence in the company.
Sep 29, 2025, 10:19 PM
Hertz Corporation Issues $425 Million 5.500% Exchangeable Senior Notes
HTZ
Debt Issuance
- The Hertz Corporation, a wholly-owned indirect subsidiary of Hertz Global Holdings, Inc., completed an offering of $425,000,000 aggregate principal amount of its 5.500% Exchangeable Senior Notes due 2030 on September 29, 2025.
- The Notes will bear interest at a rate of 5.500% per year, payable semi-annually on April 1 and October 1, beginning on April 1, 2026, and will mature on October 1, 2030.
- The initial exchange rate is 108.2808 shares of common stock per $1,000 principal amount of Notes, equivalent to an initial exchange price of approximately $9.24 per share of Common Stock.
- This initial exchange price represents a premium of approximately 32.5% to the $6.97 closing price of the Common Stock on September 24, 2025.
Sep 29, 2025, 8:42 PM
Quarterly earnings call transcripts for HERTZ GLOBAL HOLDINGS.
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