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Hertz Global Holdings, inc. - Company Profile

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Hertz Global Holdings, inc. - Overview

Brands
Dollar, Firefly, Hertz, Thrifty
Description
Hertz Global Holdings, inc. is a public company headquartered in Florida with an estimated 23,000 employees. In the US, the company has a notable market share in at least one industry: Car Rental, where they account for an estimated 9.6% of total industry revenue and are considered an Incumbent because they display strong market share, but lower profit and revenue growth than some of their peers.
Company Details

Registered Name: Hertz Global Holdings, inc.

Company Type: Operating

Exchange: Nasdaq

Headquarters: 8501 Williams Road 3rd Floor Estero FL 33928

Website: http://www.hertzcarsales.com/

Employees: 23000

Hertz Global Holdings, inc. - Operating Industries and Main Competitors

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Hertz Global Holdings, inc. - Products and Services

  • Car Rental in the US

  • Of the 5 core revenue-generating products and services in the Car Rental in the US industry, Hertz Global Holdings, inc. offers:
    • Business car rental
    • Car leasing
    • Leisure car rental
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Hertz Global Holdings, inc. - Analyst Insights

Hertz partners with Uber to add Teslas to Uber’s vehicle fleet by 2023

In October 2021, Hertz announced its partnership with Uber to add up to 50,000 Teslas available by 2023 for Uber drivers to rent. The partnership marks a significant expansion into the North America electric vehicles market, and for Uber, brings them one step closer to their zero-emissions goal. For Hertz, the partnership aligns itself with the company’s commitment to lead the industry in vehicle mobility and a digital-first customer experience. Hertz has committed to becoming a more environmentally friendly company and the expansion into the electric vehicle market is bringing them closer to achieving their sustainability goals.

ESG


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Hertz Global Holdings, inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Hertz Global Holdings, inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Car Rental in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Hertz Global Holdings, inc. - Financial Statements & Ratios

pie_chartHertz Global Holdings, inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue7,336.05,258.09,779.09,504.08,803.08,803.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartHertz Global Holdings, inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents2,258.01,096.0865.01,127.01,072.0816.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartHertz Global Holdings, inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income365.0-1,723.0-50.0-227.0327.0-491.0
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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