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Hertz Global Holdings (FRA:AZK0) COGS-to-Revenue : 0.99 (As of Jun. 2024)


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What is Hertz Global Holdings COGS-to-Revenue?

Hertz Global Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was €2,168 Mil. Its Revenue for the three months ended in Jun. 2024 was €2,186 Mil.

Hertz Global Holdings's COGS to Revenue for the three months ended in Jun. 2024 was 0.99.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hertz Global Holdings's Gross Margin % for the three months ended in Jun. 2024 was 0.81%.


Hertz Global Holdings COGS-to-Revenue Historical Data

The historical data trend for Hertz Global Holdings's COGS-to-Revenue 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 COGS-to-Revenue Chart

Hertz Global Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 1.08 0.63 0.65 0.82

Hertz Global Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
COGS-to-Revenue 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 0.75 0.75 0.97 1.01 0.99

Hertz Global Holdings COGS-to-Revenue Calculation

Hertz Global Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=7008.631 / 8593.207
=0.82

Hertz Global Holdings's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2168.286 / 2185.937
=0.99

* 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  (FRA:AZK0) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Hertz Global Holdings's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 2168.286 / 2185.937
=0.81 %

* 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.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.


Hertz Global Holdings COGS-to-Revenue Related Terms

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Hertz Global Holdings Business Description

Traded in Other Exchanges
Address
8501 Williams Road, Estero, FL, USA, 33928
Hertz Global Holdings Inc is engaged in the vehicle rental and leasing business and 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 other services. Its operating segments and organized are based on the products and services provided and the geographic areas as :Americas RAC -which derives maximum revenue, includes Rental of vehicles, as well as sales of value-added services, in the U.S., Canada, Latin America and the Caribbean; and International RAC - Rental of vehicles, as well as sales of value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean.

Hertz Global Holdings Headlines

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