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HTZ (Hertz Global Holdings) Retained Earnings : $-2,502 Mil (As of Dec. 2024)


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What is Hertz Global Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hertz Global Holdings's retained earnings for the quarter that ended in Dec. 2024 was $-2,502 Mil.

Hertz Global Holdings's quarterly retained earnings declined from Jun. 2024 ($-691 Mil) to Sep. 2024 ($-2,023 Mil) and declined from Sep. 2024 ($-2,023 Mil) to Dec. 2024 ($-2,502 Mil).

Hertz Global Holdings's annual retained earnings increased from Dec. 2022 ($-256 Mil) to Dec. 2023 ($360 Mil) but then declined from Dec. 2023 ($360 Mil) to Dec. 2024 ($-2,502 Mil).


Hertz Global Holdings Retained Earnings Historical Data

The historical data trend for Hertz Global Holdings's Retained Earnings 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 Retained Earnings Chart

Hertz Global Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,681.00 -2,315.00 -256.00 360.00 -2,502.00

Hertz Global Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Retained Earnings 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 360.00 174.00 -691.00 -2,023.00 -2,502.00

Hertz Global Holdings Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Hertz Global Holdings  (NAS:HTZ) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Hertz Global Holdings Business Description

Traded in Other Exchanges
Address
8501 Williams Road, 3rd Floor, Estero, FL, USA, 33928
Hertz Global Holdings Inc is engaged principally in the business of renting vehicles through Hertz, Dollar and Thrifty brands. The Company has identified two reportable segments: Americas RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in the U.S., Canada, Latin America and the Caribbean; International RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean. The Company maintain a substantial network of company-operated rental locations, a majority of which are in Europe, and have franchisees and partners that operate rental locations under brands. Geographical markets includes U.S., Europe, Pacific Asia, Middle East and Africa, Latin America.
Executives
Eric Leef officer: EVP, Chief HR Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Mark Fields director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Kelly Galloway officer: SVP, Chief Accounting 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
Andrew Shannahan director 8501 WILLIAMS ROAD, ESTERO FL 33928
Christopher Lahoud director APOLLO, 212 ROSECRANS AVE., EL SEGUNDO CA 90245
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