Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data HERTZ GLOBAL HOLDINGS, INC files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
8,803
8,803
9,504
9,779
5,258
7,336
8,685
9,371
9,049
8,504
Selling, general and administrative
899
880
1,017
949
645
688
959
962
819
957
Interest expense
70
0
0
Other non-operating income
75
-19
40
59
9
21
-2
-12
-4
3
Pre-tax income
-470
-575
-257
13
-2,052
683
2,449
286
-3,237
-830
Income tax
4
-902
-30
63
-329
318
390
-330
-375
-83
Income from continuing operations
-474
327
-225
Net income to minority interests
0
0
-2
8
-9
-1
0
0
Net income
-491
327
-225
-58
-1,714
366
2,059
616
-2,862
-747
EPS, basic
-5.11
3.44
-2.35
-0.49
-11.44
-0.27
5.43
1.97
-9.34
-2.41
EPS, diluted
-5.11
3.44
-2.35
-0.49
-11.44
-0.27
3.36
1.39
-9.34
-2.43
Shares, basic (weighted)
96.2
95
96
117
150
315
379
313
306
310
Shares, diluted (weighted)
96.2
95
96
117
150
315
403
326
306
322
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
816
1,072
1,127
865
1,096
2,258
943
764
592
565
Property, plant and equipment
858
840
778
757
666
608
637
671
623
Lease right-of-use assets
1,871
1,675
1,566
1,887
2,253
2,088
2,257
Goodwill
1,081
1,084
1,083
1,047
1,045
1,045
1,044
1,044
1,044
1,045
Intangible assets
3,332
3,242
3,203
3,238
2,992
2,912
2,887
2,863
2,852
2,858
Total assets
19,155
20,058
21,382
24,627
16,908
19,783
22,497
24,605
21,802
22,311
Long-term debt
6,267
10,907
13,863
15,691
Total liabilities
18,080
18,538
20,262
22,739
16,815
16,806
19,852
21,513
21,649
22,770
Total debt
13,541
14,865
16,324
17,089
6,267
10,907
13,863
15,691
16,335
17,054
Paid-in capital
2,227
2,243
2,261
3,024
3,047
6,209
6,326
6,405
6,396
6,447
Retained earnings
-882
-506
-909
-967
-2,681
-2,315
-256
360
-2,502
-3,249
Treasury stock
-100
-100
-100
-100
-100
-708
-3,136
-3,430
-3,430
-3,430
Other comprehensive income
-171
-118
-192
-189
-212
-214
-294
-248
-316
-232
Shareholders' equity
1,075
1,520
1,061
1,769
56
2,977
2,645
3,092
153
-459
Minority interests
0
59
119
37
0
Total equity
1,075
1,520
1,120
1,888
93
2,977
2,645
3,092
153
-459
Total liabilities and equity
19,155
20,058
21,382
24,627
16,908
19,783
22,497
24,605
21,802
22,311
Shares outstanding
95.1
84
84
142
156
450
323
305
307
312
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-491
327
-227
-50
-1,723
365
2,059
616
-2,862
-747
Depreciation and amortization
167
143
129
203
225
196
142
149
139
117
Stock-based compensation
13
19
14
18
-2
10
130
87
63
63
Deferred income tax
-78
-922
-66
27
-351
273
317
-380
-459
-132
Change in receivables
-174
-75
-136
-88
195
-210
-264
-216
23
-11
Change in payables
31
20
70
65
98
-70
43
-48
-14
12
Cash from operations
2,529
2,394
2,556
2,900
953
1,806
2,538
2,474
2,224
1,625
Acquisitions
-2
-15
-2
-1
Purchases of investments
0
0
-60
0
0
Sales and maturities of investments
267
9
36
0
74
0
0
Cash from investing
-2,048
-3,000
-4,197
-4,425
4,591
-3,544
-4,233
-4,024
-2,929
-1,995
Debt issued
9,692
Debt repaid
-9,748
Stock issued
0
0
0
28
0
0
Share buybacks
-100
0
0
0
0
-654
-2,461
-315
0
0
Cash from financing
-183
988
1,561
1,474
-5,372
2,845
487
1,313
658
372
Exchange rate effect
-11
28
-14
1
46
-34
-25
25
Net change in cash
342
410
-94
-50
218
1,073
-1,233
-212
-73
34
Income taxes paid
57
54
26
21
-11
40
78
33
53
80
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $1.74 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
-7.0%
Pre-tax income / revenue.
Net margin
-7.3%
Net income / revenue.
Operating cash flow margin
16.0%
Cash from operations / revenue.
Return on assets (ROA)
-2.7%
Net income / average total assets.
SG&A / revenue
11.2%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
0.7%
Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue
1.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-6.0%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-0.7%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
10.1%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-26.9%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
-13.8%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y
11.3%
Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
-400.0%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
2.3%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-0.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
5.7%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
5.2%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
-7.2%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
16.5%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Debt / assets
78.1%
Total debt / total assets.
Liabilities / assets
103.4%
Total liabilities / total assets.
Net debt
$17.61B
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$27.69
Revenue / diluted weighted shares.
Operating cash flow per share
$4.44
Cash from operations / diluted weighted shares.
Book value per share
-$2.49
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.07x
Market cap / revenue.
P/OCF
0.44x
Market cap / cash from operations, when positive.
EV/Sales
2.10x
Enterprise value / revenue.
Earnings yield
-102.7%
Net income / market cap (the inverse of P/E).
What was HERTZ GLOBAL HOLDINGS, INC's revenue in fiscal 2025?
HERTZ GLOBAL HOLDINGS, INC reported revenue of $8.50B for fiscal 2025, 6% lower than the year before.
Was HERTZ GLOBAL HOLDINGS, INC profitable in fiscal 2025?
No. It reported a net loss of $747.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.