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Nasdaq · Services-Auto Rental & Leasing (No Drivers)

HERTZ GLOBAL HOLDINGS, INC (HTZ)

As-reported financials and SEC filings for HERTZ GLOBAL HOLDINGS, INC. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About HERTZ GLOBAL HOLDINGS, INC

Hertz Global Holdings, Inc. operates a vehicle rental business, providing rental cars to consumers and businesses. The company manages a fleet composed mainly of non-program vehicles, which it acquires, maintains, and sells through various channels. Hertz serves customers seeking short-term vehicle rentals and manages risks related to vehicle supply, residual values, and fleet maintenance.

Snapshot

Revenue
$8.50B
Revenue growth (YoY)
-6.0%
Net income
$-747.0M
Diluted EPS
$-2.43
Gross margin
Operating margin
Net margin
-8.8%
FCF margin
ROE
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$745.0M
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Hertz Global Holdings

  • Revenue fell 6.0% to $8.5B in FY2025, after a 3.4% decline the year before.
  • Most recent quarter Q1 FY2026: revenue $2.0B, up 10.5% from Q1 FY2025.
  • Net loss narrowed to $747M in FY2025, from $2.9B in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Institutional ownership

Held by 4 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
4
+6 quant / multi-strat
Initiated / added
7
1 new, 6 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$98.0M
reported long value
InvestorAs ofPosition valueSharesChange
Pershing Square Capital ManagementQ1 2026$70.3M15.2MHeld
Citadel AdvisorsquantQ2 2026$9.0M4.0MAdded
Two Sigma InvestmentsquantQ2 2026$8.5M3.7MAdded
D. E. ShawquantQ2 2026$4.1M1.8MAdded
Millennium ManagementquantQ2 2026$2.3M994.6KAdded
AQR Capital ManagementquantQ2 2026$1.4M648.8KAdded
Soros Fund ManagementQ2 2026$1.0M445.2KNew
Point72 Asset ManagementquantQ2 2026$727,126321.0KReduced
Bridgewater AssociatesQ2 2026$529,310233.7KAdded
Coatue ManagementQ2 2026$241,954106.8KHeld

No longer held by: Gotham Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-11
filed 2026-05-12
Moore Michael S.EVP, Chief Operating OfficerSell40.9K$6.07$248K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
110.1M
settled 2026-08-14
Change vs prior
+6.6%
vs previous settlement
Days to cover
1.24
at avg daily volume
Avg daily volume
88.7M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-14110.1M+6.6%1.24
2026-07-31103.2M+5.8%6.02
2026-07-1597.5M+2.1%3.94
2026-06-3095.5M+75.6%2.71
2026-06-1554.4M-5.3%10.39
2026-05-2957.4M+9.8%8.12
2026-05-1552.3M-5.1%6.06
2026-04-3055.1M-6.5%2.80

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$8.50B$9.05B$9.37B$8.69B$7.34B
Gross profit
Operating income
Net income$-747.0M$-2.86B$616.0M$2.06B$366.0M
Diluted EPS$-2.43$-9.34$1.39$3.36$-0.27

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$565.0M$592.0M$764.0M$943.0M$2.26B
Current assets
Total assets$22.31B$21.80B$24.61B$22.50B$19.78B
Current liabilities
Long-term debt$15.69B$13.86B$10.91B
Total liabilities$22.77B$21.65B$21.51B$19.85B$16.81B
Total equity$-459.0M$153.0M$3.09B$2.65B$2.98B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.63B$2.22B$2.47B$2.54B$1.81B
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$2.00B10.5%$-333.0M$-1.06
Q4 FY2025$2.03B-0.6%$-194.0M$-0.54
Q3 FY2025$2.48B-3.8%$184.0M$0.42
Q2 FY2025$2.19B-7.1%$-294.0M$-0.95
Q1 FY2025$1.81B-12.8%$-443.0M$-1.44
Q4 FY2024$2.04B-6.6%$-479.0M$-1.57
Q3 FY2024$2.58B-4.7%$-1.33B$-4.34
Q2 FY2024$2.35B-3.4%$-865.0M$-2.82

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SIC industryServices-Auto Rental & Leasing (No Drivers)
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended March 31, 2026)
Oldest indexed filing2015
SEC CIK1657853

Selected SEC filings

10-K2026-02-26
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-08
View on EDGAR →
8-K2026-08-28
View on EDGAR →
8-K2026-08-20
View on EDGAR →
8-K2026-08-06
View on EDGAR →
8-K2026-07-23
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.