HTZ HERTZ GLOBAL HOLDINGS, INC

Overview and Growth

HERTZ GLOBAL HOLDINGS, INC generated $8.50B of revenue in fiscal 2025, with net loss of $747.00M and an operating cash inflow of $1.62B. At $8.50B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line contracted 6.0% from $9.05B in fiscal 2024; this top-line contraction left the company with a smaller revenue base. On a per-share basis, diluted EPS was -$2.43, which connects the reported earnings outcome with the company’s diluted share count. A diluted share base of 322.00M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. The diluted share count was 5.2% higher than fiscal 2024, when diluted shares averaged 306.00M, adding context to the EPS comparison. Total assets stood at $22.31B, showing the scale of resources supporting revenue, earnings, liquidity, and financing. Asset turnover was 0.38x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After all below-operating-line items, the company recorded a net loss of $747.00M for the fiscal year. The net loss equaled 8.8% of revenue, showing the bottom-line deficit relative to the company’s sales base. The pretax result was a loss of $830.00M, establishing the deficit before tax effects. The pretax loss equaled 9.8% of revenue, measuring the pre-tax deficit against sales. The reported tax benefit was $83.00M, favorably bridging the pretax and after-tax results. Relative to total assets, the net loss represented 3.3%. The bottom-line deficit decreased from $2.86B in fiscal 2024 to $747.00M.

Liquidity and Capital Structure

The company held $22.31B of assets against $22.77B of liabilities and -$459.00M of equity, revealing how the asset base was financed. With total equity at -$459.00M, the company carried a negative book-capital position, increasing its reliance on liabilities and future earnings. Reported cash and equivalents were $565.00M, separating immediately recognizable cash resources from the rest of the current-asset base. The equity-to-assets relationship was -2.1%, placing book capital against the total resource base. Relative to total assets, liabilities measured 102.1%, complementing the separate equity-based view of the company’s capital structure. Cash and equivalents equaled 2.5% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 2.3% higher than fiscal 2024 assets of $21.80B, measuring the company’s own balance-sheet change. Against $153.00M of equity in fiscal 2024, the current book-equity balance moved 400.0% and ended lower. The reported cash balance changed 4.6% from $592.00M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

The company reported $1.62B of operating cash flow, a cash inflow that shows the cash generated by operations. The operating cash outcome moved from $2.22B in fiscal 2024 to $1.62B, ending below the prior-year level.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.