The Hertz Corporation, a subsidiary of Hertz Global Holdings, Inc., operates the Hertz, Dollar and Thrifty vehicle rental brands throughout North America, Europe, the Caribbean, Latin America, Africa, the Middle East, Asia, Australia and New Zealand. The Hertz Corporation is one of the largest worldwide vehicle rental companies, and the Hertz brand is one of the most recognized globally. Additionally, The Hertz Corporation operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets and sells vehicles through Hertz Car Sales.
Company profile
Ticker
HTZ, HTZWW
Exchange
Website
CEO
Paul E. Stone
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Hertz Rental Car Holding Company, Inc.
SEC CIK
Corporate docs
Subsidiaries
Hertz Global Holdings, Inc. • The Hertz Corporation • Rental Car Intermediate Holdings, LLC • U.S. and Countries Outside Europe • Thrifty Insurance Agency, Inc. • Dollar Thrifty Automotive Group, Inc. • Executive Ventures, Ltd. • Firefly Rent A Car LLC • Hertz Aircraft, LLC • Hertz Canada Vehicles Partnership ...
IRS number
611770902
HTZ stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Hertz Announces Departure of Chief Financial Officer
27 Mar 23
8-K
Entry into a Material Definitive Agreement
2 Mar 23
8-K
Hertz Reports Strong Fourth Quarter and Record Full Year 2022 Net Income and Adjusted Corporate Ebitda
7 Feb 23
10-K
2022 FY
Annual report
7 Feb 23
8-K
Hertz Announces Changes to Its Board of Directors
18 Jan 23
8-K
Entry into a Material Definitive Agreement
22 Dec 22
8-K
Hertz Announces Settlement Agreements Related to Past Legal Claims
5 Dec 22
8-K
Results of Operations and Financial Condition
27 Oct 22
10-Q
2022 Q3
Quarterly report
27 Oct 22
8-K
Results of Operations and Financial Condition
28 Jul 22
Transcripts
HTZ
Earnings call transcript
2022 Q4
7 Feb 23
HTZ
Earnings call transcript
2022 Q3
27 Oct 22
HTZ
Earnings call transcript
2022 Q2
28 Jul 22
HTZ
Earnings call transcript
2022 Q1
28 Apr 22
HTZ
Earnings call transcript
2021 Q4
24 Feb 22
HTZ
Earnings call transcript
2020 Q1
12 May 20
HTZ
Earnings call transcript
2019 Q4
25 Feb 20
HTZ
Earnings call transcript
2019 Q3
5 Nov 19
HTZ
Earnings call transcript
2019 Q2
7 Aug 19
HTZ
Earnings call transcript
2019 Q1
7 May 19
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.42 bn | 1.42 bn | 1.42 bn | 1.42 bn | 1.42 bn | 1.42 bn |
| Cash burn (monthly) | 30.00 mm | 102.75 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 88.97 mm | 304.71 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 1.33 bn | 1.11 bn | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 44.3 | 10.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 244 |
| Opened positions | 53 |
| Closed positions | 77 |
| Increased positions | 44 |
| Reduced positions | 111 |
| 13F shares | Current |
|---|---|
| Total value | 4.91 tn |
| Total shares | 501.25 mm |
| Total puts | 3.58 mm |
| Total calls | 8.95 mm |
| Total put/call ratio | 0.4 |
| Largest owners | Shares | Value |
|---|---|---|
| Knighthead Capital Management | 181.46 mm | $2.79 tn |
| CK Amarillo | 181.46 mm | $3.40 bn |
| Vanguard | 14.19 mm | $218.35 bn |
| GS Goldman Sachs | 10.33 mm | $159.02 bn |
| FMR | 9.42 mm | $144.91 bn |
| BLK Blackrock | 7.66 mm | $117.96 bn |
| Rubric Capital Management | 7.35 mm | $113.12 bn |
| Marathon Asset Management | 6.76 mm | $104.03 bn |
| Discovery Capital Management, LLC / CT | 6.69 mm | $102.93 bn |
| Oaktree Capital Management | 6.50 mm | $101.53 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Mar 23 | Eric Leef | Common Stock | Grant | Acquire A | No | No | 0 | 18,114 | 0.00 | 58,923 |
| 3 Mar 23 | Kenny K Cheung | Common Stock | Grant | Acquire A | No | No | 0 | 34,097 | 0.00 | 116,475 |
| 3 Mar 23 | Batcheler Colleen | Common Stock | Grant | Acquire A | No | No | 0 | 38,359 | 0.00 | 290,213 |
| 3 Mar 23 | Paul Stone | Common Stock | Grant | Acquire A | No | No | 0 | 53,277 | 0.00 | 159,832 |
| 3 Mar 23 | Alexandra Dawn Brooks | Common Stock | Grant | Acquire A | No | No | 0 | 10,655 | 0.00 | 38,114 |
News
Hertz Global Finance Chief Leaves; Appoints Alexandra Brooks As Interim CFO
27 Mar 23
Why Aclaris Therapeutics Shares Are Trading Lower By Around 55%? Here Are Other Stocks Moving In Monday's Mid-Day Session
6 Mar 23
Kennedy-Wilson, Radian Group, BridgeBio Pharma And Other Big Stocks Moving Higher On Monday
6 Mar 23
Why Hertz Global Shares Are Trading Higher By Around 5%; Here Are 20 Stocks Moving Premarket
6 Mar 23
Hertz Launches "Hertz Electrifies" In Denver
3 Mar 23
Press releases
Hertz Announces Departure of Chief Financial Officer
27 Mar 23
Hertz, Mayor Turner and Evolve Houston Launch "Hertz Electrifies Houston"
7 Mar 23
Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
3 Mar 23
Hertz Launches "Hertz Electrifies" in Denver
3 Mar 23
Hertz and Tom Brady's Namesake BRADY™ brand Supercharge New Motorsport Team
1 Mar 23