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Hertz Global

OverviewSuggest Edit

Hertz Global is a car rental company. It operates the Hertz, Dollar, Thrifty, and Firefly vehicle rental brands. The company also provides Hertz 24/7, a car and van-sharing membership service, and sells vehicles through Hertz Car Sales and Rent2Buy.

TypePublic
Founded1918
HQEstero, FL, USMap
Websitehertz.com
Employee Ratings3.1More
Overall CultureD-More
View Jobs (2,036)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2020)24,000(-36%)
Job Openings2,036
Revenue (FY, 2020)$5.3 B(-46%)
Share Price (Jun 2021)$7(+3%)
Cybersecurity ratingBMore

Key People/Management at Hertz Global

Paul Stone

Paul Stone

President and Chief Executive Officer, Director
Opal G. Perry

Opal G. Perry

Executive Vice President and Chief Information Officer
Darren Arrington

Darren Arrington

Executive Vice President, Revenue Management and Fleet Acquisition
Angela Brav

Angela Brav

President of International
Alexandra Brooks

Alexandra Brooks

Senior Vice President, Chief Accounting Officer
Kenny Cheung

Kenny Cheung

Executive Vice President, Chief Financial Officer
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Hertz Global Office Locations

Hertz Global has offices in Estero, Oklahoma City, Park Ridge, Zaventem and in 8 other locations
Estero, FL, US (HQ)
8501 Williams Rd
Oklahoma City, OK, US
14501 Hertz Quail Springs Pkwy
Park Ridge, NJ, US
225 Brae Blvd
Zaventem, BE
Excelsiorlaan 20
Trappes, FR
1 Rue Eugène Hénaff
Eschborn, DE
Ludwig-Erhard-Straße 12
Show all (12)

Hertz Global Financials and Metrics

Hertz Global Revenue

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Hertz Global's revenue was reported to be $5.26 b in FY, 2020
USD

Revenue (Q1, 2021)

1.3b

Gross profit (Q1, 2021)

462.0m

Gross profit margin (Q1, 2021), %

35.8%

Net income (Q1, 2021)

189.0m

Market capitalization (11-Jun-2021)

1.1b

Closing stock price (11-Jun-2021)

7.0

Cash (31-Mar-2021)

1.1b

EV

8.6b
Hertz Global's current market capitalization is $1.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

8.8b9.5b9.8b5.3b

Revenue growth, %

8%3%

Cost of goods sold

5.0b5.4b5.5b3.6b

Gross profit

3.8b4.1b4.3b1.6b
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

2.6b2.1b2.4b2.8b2.1b2.5b2.8b1.9b832.0m1.3b

Cost of goods sold

1.3b1.2b1.3b1.5b1.3b1.4b1.5b1.2b704.0m827.0m

Gross profit

1.2b827.0m1.0b1.3b841.0m1.1b1.3b682.0m128.0m462.0m

Gross profit Margin, %

48%40%44%47%40%45%47%35%15%36%
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

1.1b1.4b1.4b1.1b

Accounts Receivable

1.4b1.6b1.8b777.0m

Prepaid Expenses

687.0m902.0m689.0m373.0m

PP&E

840.0m778.0m757.0m666.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Cash

1.9b921.0m1.0b1.0b654.0m695.0m1.4b2.3b1.1b

Accounts Receivable

1.3b1.4b1.8b1.6b1.7b2.0b2.1b1.6b793.0m

Prepaid Expenses

1.1b922.0m991.0m1.1b926.0m830.0m1.1b563.0m786.0m

PP&E

827.0m802.0m781.0m771.0m772.0m758.0m765.0m724.0m637.0m
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

327.0m(227.0m)(50.0m)(1.7b)

Depreciation and Amortization

3.0b2.8b3.0b225.0m

Accounts Payable

20.0m70.0m65.0m98.0m

Cash From Operating Activities

2.4b2.6b2.9b953.0m
Quarterly
USDQ3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Net Income

(289.0m)(202.0m)(265.0m)(125.0m)(148.0m)(107.0m)65.0m(357.0m)(1.2b)189.0m

Depreciation and Amortization

2.3b699.0m1.4b2.1b692.0m1.4b2.2b788.0m1.5b54.0m

Accounts Payable

140.0m7.3m154.0m119.0m32.0m65.0m72.0m(86.0m)168.0m40.0m

Cash From Operating Activities

2.0b401.0m942.0m2.0b514.0m1.1b2.2b449.0m626.0m200.0m
show all
Show all financial metrics

Hertz Global Operating Metrics

FY, 2017FY, 2018FY, 2019

Countries

150150160

Vehicle Fleet

705.3 k742.2 k771.6 k
Show all operating metrics

Hertz Global Acquisitions / Subsidiaries

Company NameDateDeal Size
CCL Vehicle Rentals LtdJune 11, 2013
Dollar Thrifty Automotive GroupNovember 02, 2012
Cinelease , Inc.January 19, 2012
DonlenSeptember 01, 2011
2232560 Ontario Inc.
2240919 Ontario Inc.
3216173 Nova Scotia Company
Ace Tourist Rentals (Aus) Pty Limited
Apex Processing Limited
CMGC Canada Acquisition ULC
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Hertz Global Revenue Breakdown

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Hertz Global revenue breakdown by business segment: 6.9% from All other operations, 22.2% from International Rental Car and 70.9% from U.S. Rental Car

Hertz Global Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

Learn more about our premium products
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Hertz Global Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Hertz Global Online and Social Media Presence

Hertz Global's Trends

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Hertz Global Company Culture

  • Overall Culture

    D-

    53/100

  • CEO Rating

    F

    13/100

  • Compensation

    D-

    48/100

Learn more on Comparably

Hertz Global News and Updates

March 12, 2021

Worldwide Leasing Industry to 2030 - Players Include Enterprise Holdings, Hertz Global Holdings and LeasePlan Among Others

DUBLIN, March 12, 2021 /PRNewswire/ -- The "Leasing Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to...
March 02, 2021

Hertz Global Holdings Reaches Key Milestone In Restructuring, Files Plan Of Reorganization And Disclosure Statement

ESTERO, Fla., March 2, 2021 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that it has reached a key milestone in the Company's Chapter 11 process by filing its proposed Plan of Reorganization ("Plan") and related Disclosure Statement...
November 05, 2020

Hertz Global Holdings Secures A $4 Billion Commitment For Fleet Financing To Support A Refreshed And Robust Vehicle Fleet

ESTERO, Fla., Nov. 5, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc. ("Hertz" or "The Company") (OTCPK: HTZGQ) today announced that it has secured commitments for fleet financing totaling $4 billion and has filed a motion for approval of The Hertz Corporation entering into the...
October 30, 2020

Hertz Global Holdings To Begin Trading On The Over The Counter Bulletin Board Under Ticker Symbol HTZGQ

ESTERO, Fla., Oct. 30, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc. (OTC: HTZGQ) today announced that its common stock will start trading exclusively on the over-the-counter market. Stock quotations will be available on the OTC Bulletin Board (Pink Sheets) under the ticker symbol...
October 16, 2020

Hertz Global Holdings Secures Commitments Of $1.65 Billion In Debtor-In-Possession Financing

ESTERO, Fla., Oct. 16, 2020 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) today announced that it has secured commitments for debtor-in-possession ("DIP") financing totaling $1.65 billion and has filed a motion for approval of the financing by the U.S. Bankruptcy Court for the...
August 20, 2020

Thinking about buying stock in Autoweb Inc, Verrica Pharmaceuticals, Nio Inc, Hertz Global Holdings, or FuelCell Energy?

NEW YORK, Aug. 20, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AUTO, VRCA, NIO, HTZ, and FCEL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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 Hertz Global Frequently Asked Questions

  • When was Hertz Global founded?

    Hertz Global was founded in 1918.

  • Who are Hertz Global key executives?

    Hertz Global's key executives are Paul Stone, Opal G. Perry and Darren Arrington.

  • How many employees does Hertz Global have?

    Hertz Global has 24,000 employees.

  • What is Hertz Global revenue?

    Latest Hertz Global annual revenue is $5.3 b.

  • What is Hertz Global revenue per employee?

    Latest Hertz Global revenue per employee is $219.1 k.

  • Who are Hertz Global competitors?

    Competitors of Hertz Global include Enterprise Holdings, Europcar and Avis Budget Group.

  • Where is Hertz Global headquarters?

    Hertz Global headquarters is located at 8501 Williams Rd, Estero.

  • Where are Hertz Global offices?

    Hertz Global has offices in Estero, Oklahoma City, Park Ridge, Zaventem and in 8 other locations.

  • How many offices does Hertz Global have?

    Hertz Global has 12 offices.