Hertz Global

Hertz operates the Hertz, Dollar, Thrifty 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.

Company Growth (employees)
Type
Public
HQ
Estero, US
Founded
1918
Size (employees)
30,000 (est)-9%
Website
hertz.com
Hertz Global was founded in 1918 and is headquartered in Estero, US

Key People at Hertz Global

Kathryn Marinello

Kathryn Marinello

President & CEO
Tom Kennedy

Tom Kennedy

EVP & CFO
Tyler Best

Tyler Best

EVP & Chief Information Officer

Hertz Global Office Locations

Hertz Global has an office in Estero

Hertz Global Data and Metrics

Hertz Global Financial Metrics

Hertz Global's revenue was reported to be $1.9 b in Q1, 2017
USD

Revenue (Q1, 2017)

1.9 b

Net income (Q1, 2017)

(223 m)

Market capitalization (15-Aug-2017)

1.7 b

Cash (31-Mar-2017)

785 m
Hertz Global's current market capitalization is $1.7 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

10.8 b2.6 b10.5 b8.8 b

Revenue growth, %

(76%)312%(16%)

General and administrative expense

899 m

Operating expense total

10 b2.8 b10.2 b9.3 b

Interest expense

678.9 m163 m619 m624 m

Pre tax profit

739.2 m(231 m)132 m(470 m)

Income tax expense

(4 m)

Net Income

394 m(78 m)276 m(491 m)
USDQ2, 2016Q3, 2016Q1, 2017

Revenue

2.3 b2.5 b1.9 b

General and administrative expense

234 m227 m220 m

Operating expense total

234 m227 m220 m

Pre tax profit

(35 m)108 m(294 m)

Income tax expense

71 m

Net Income

(43 m)42 m(223 m)
USDFY, 2014FY, 2015FY, 2016

Cash

490 m479 m816 m

Accounts Receivable

212.8 k

PP&E

1.3 b977 m858 m

Goodwill

1.4 b1.4 b1.1 b

Total Assets

24.1 b23.4 b19.2 b

Accounts Payable

1 b875 m821 m

Total Debt

15.8 b13.5 b

Non-Current Liabilities

21.5 b18.1 b

Total Liabilities

18.1 b

Common Stock

4 m1 m

Additional Paid-in Capital

3.6 b3.6 b2.2 b

Retained Earnings

(956 m)(1 b)(882 m)

Total Equity

2.5 b1.9 b1.1 b

Debt to Equity Ratio

8.1 x12.6 x

Debt to Assets Ratio

0.7 x0.7 x

Financial Leverage

9.7 x12 x17.8 x
USDQ2, 2016Q3, 2016Q1, 2017

Cash

1.3 b1.4 b785 m

Inventories

43 m33 m

Goodwill

1.3 b1.3 b1.1 b

Total Assets

22 b21.1 b19.7 b

Accounts Payable

1.2 b792 m1.1 b

Additional Paid-in Capital

2.2 b2.2 b2.2 b

Retained Earnings

(484 m)(442 m)(1.1 b)

Total Equity

1.6 b1.6 b918 m

Financial Leverage

13.7 x13.4 x21.4 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

394 m(78 m)276 m(491 m)

Depreciation and Amortization

2.6 b2.4 b2.5 b

Accounts Payable

23.2 m23 m(16 m)31 m

Cash From Operating Activities

3.6 b3.5 b3.3 b2.5 b

Capital Expenditures

(9.8 b)(11.4 b)(11 b)

Cash From Investing Activities

(3.8 b)(3.2 b)(3 b)(2 b)

Short-term Borrowings

(4.7 b)

Long-term Borrowings

(1.2 b)(1.3 b)(9.7 b)

Cash From Financing Activities

105.1 m(161 m)(280 m)(183 m)

Interest Paid

631.8 m557 m572 m235 m

Income Taxes Paid

70.9 m64 m34 m57 m

Free Cash Flow

(6.4 b)(8.1 b)(8.4 b)
USDQ2, 2016Q3, 2016Q1, 2017

Net Income

(43 m)42 m(223 m)

Accounts Payable

1.2 b792 m1.1 b
Y, 2017

Financial Leverage

21.4 x

Hertz Global Market Value History

Traffic Overview of Hertz Global

Hertz Global Online and Social Media Presence

Hertz Global News and Updates

Your Money: Want Hopeful Signs From 2016? Look to Some of Its Aggravations

Glimmers of hope emerged on some consumer irritants of the year, including airline and rental-car fees, and college tuition transparency.

The World’s Most Powerful Women: December 15

A must-read for every global businesswoman.

Breakingviews: New Hertz Chief Faces a Tough Road

Kathryn Marinello becomes chief facing missed third-quarter estimates and a cut in the company’s full-year guidance.

Carl Icahn Is ‘Excited’ About New Hertz CEO Kathryn Marinello

The activist investor is impressed with her track record.

Hertz Is Teaming Up With an Online Used Car Marketplace

Hertz now has one more way to sell off old inventory.

Your Money: With Uber and Lyft Nearby, Rental Cars May Be Ripe for a Comeuppance

Lagging customer service and a host of inconveniences give travelers a long list of reasons to avoid car rental companies altogether.
Show more

Hertz Global Company Life and Culture

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