Hertz Global Holdings, IncHTZ
What Hertz Global Holdings, Inc does.
Hertz Holdings was incorporated in Delaware in 2015 to serve as the top-level holding company for Rental Car Intermediate Holdings, LLC, which wholly owns Hertz, Hertz Global's primary operating company. Hertz was incorporated in Delaware in 1967 and is a successor to corporations that have been engaged in the vehicle rental and leasing business since 1918.
We are engaged principally in the business of renting vehicles primarily through our Hertz, Dollar and Thrifty brands. As of December 31, 2025, we operated our vehicle rental business globally from approximately 11,000 company-operated and franchisee locations across approximately 160 countries and jurisdictions, including the U.S., Europe, Africa, Asia, Australia, Canada, the Caribbean, Latin America, the Middle East and New Zealand. We are one of the largest worldwide vehicle rental companies and our Hertz brand name is among the most recognized globally. We have an extensive network of airport and off airport rental locations in the U.S. and major European markets. We also operate the Hertz Car Sales brand, which offers a range of quality, competitively-priced used cars for sale online and at locations across the U.S.
Through our "Back-to-Basics" roadmap, we are committed to executing a comprehensive strategy to transform our business, anchored by three financial pillars: disciplined fleet management, revenue optimization and rigorous cost control. Building on our brand strength, global network and fleet management expertise, we remain committed to operational excellence and keeping customers central to everything we do. We have strengthened our fleet by refining our capabilities by sourcing vehicles strategically, deploying them efficiently and monetizing them effectively. Our approach balances disciplined execution today with systematic innovation for tomorrow, leveraging industry experience to adapt to evolving market dynamics and position us for sustainable growth in the future of mobility.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $5.3B | $7.3B | $8.7B | $9.4B | $9.0B | $8.5B |
| Net income | -$1.7B | $366.0M | $2.1B | $616.0M | -$2.9B | -$747.0M |
| Free cash flow | $855.0M | $1.7B | $2.4B | $2.3B | $2.1B | $1.5B |
More on HTZ.
- Hertz Global Holdings, Inc summary
- Hertz Global Holdings, Inc financial statements
- Hertz Global Holdings, Inc key metrics
- Hertz Global Holdings, Inc health scores and style box
- Hertz Global Holdings, Inc earnings
- Hertz Global Holdings, Inc dividends
- Hertz Global Holdings, Inc valuation
- Hertz Global Holdings, Inc ownership and insiders
- Hertz Global Holdings, Inc peers
Figures from Hertz Global Holdings, Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.