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Hertz Global Holdings (Hertz Global Holdings) Net Margin % : -15.93% (As of Dec. 2023)


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What is Hertz Global Holdings Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Hertz Global Holdings's Net Income for the three months ended in Dec. 2023 was $-348 Mil. Hertz Global Holdings's Revenue for the three months ended in Dec. 2023 was $2,184 Mil. Therefore, Hertz Global Holdings's net margin for the quarter that ended in Dec. 2023 was -15.93%.

The historical rank and industry rank for Hertz Global Holdings's Net Margin % or its related term are showing as below:

HTZ' s Net Margin % Range Over the Past 10 Years
Min: -32.6   Med: 1.22   Max: 23.71
Current: 6.57


HTZ's Net Margin % is ranked better than
64.35% of 1063 companies
in the Business Services industry
Industry Median: 3.96 vs HTZ: 6.57

Hertz Global Holdings Net Margin % Historical Data

The historical data trend for Hertz Global Holdings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hertz Global Holdings Net Margin % Chart

Hertz Global Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.59 -32.60 4.99 23.71 6.57

Hertz Global Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.70 9.57 5.70 23.27 -15.93

Competitive Comparison of Hertz Global Holdings's Net Margin %

For the Rental & Leasing Services subindustry, Hertz Global Holdings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hertz Global Holdings's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hertz Global Holdings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hertz Global Holdings's Net Margin % falls into.



Hertz Global Holdings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Hertz Global Holdings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=616/9371
=6.57 %

Hertz Global Holdings's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-348/2184
=-15.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hertz Global Holdings  (NAS:HTZ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Hertz Global Holdings Net Margin % Related Terms

Thank you for viewing the detailed overview of Hertz Global Holdings's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hertz Global Holdings (Hertz Global Holdings) Business Description

Traded in Other Exchanges
Address
8501 Williams Road, Estero, FL, USA, 33928
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.
Executives
Kelly Galloway officer: SVP, Chief Accounting Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Eric Leef officer: EVP, Chief HR Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Jeffrey Nedelman director 8501 WILLIAMS ROAD, ESTERO FL 33928
Fran Bermanzohn director 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Batcheler Colleen officer: EVP, General Counsel and Secy ONE CONAGRA DRIVE, OMAHA NE 68102
Stephen M Scherr director, officer: Chief Executive Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Tim Langley-hawthorne officer: EVP, Tech & CIO 8501 WILLIAMS ROAD, ESTERO FL 33928
Evelina Vougessis Machas director 8501 WILLIAMS ROAD, ESTERO FL 33928
Jennifer Feikin director 8501 WILLIAMS ROAD, ESTERO FL 33928
Christopher Lahoud director APOLLO, 212 ROSECRANS AVE., EL SEGUNDO CA 90245
Andrew Shannahan director 8501 WILLIAMS ROAD, ESTERO FL 33928
Mark Fields director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Ck Amarillo Gp, Llc 10 percent owner C/O KNIGHTHEAD CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017
Certares Opportunities Llc 10 percent owner 350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Ck Amarillo Lp 10 percent owner C/O KNIGHTHEAD CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 22ND FLOOR, NEW YORK NY 10017