Hertz Global Holdings, Inc. (HTZ) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 3.53B | 3.06B | 3.54B | 3.02B | 2.25B | 2.34B | 2.25B | 2.26B | 2.16B | 2.4B | 2.46B | 2.46B | 2.28B | 2.39B | 2.56B | 2.54B | 4.25B | 4.4B | 5B | 4.9B |
| Cash & Short-Term Investments | 1.22B | 1.17B | 1.09B | 1.13B | 626M | 592M | 501M | 568M | 465M | 764M | 594M | 681M | 728M | 943M | 1.01B | 1.04B | 1.52B | 2.26B | 2.7B | 1.82B |
| Cash Only | 1.22B | 1.17B | 1.09B | 1.13B | 626M | 592M | 501M | 568M | 465M | 764M | 594M | 681M | 728M | 943M | 1.01B | 1.04B | 1.52B | 2.26B | 2.7B | 1.82B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.12B | 1.11B | 1.21B | 1.15B | 1.23B | 1.21B | 1.34B | 1.27B | 1.21B | 1.19B | 1.41B | 1.29B | 1.03B | 974M | 1.05B | 975M | 800M | 758M | 890M | 1.02B |
| Days Sales Outstanding | 50.07 | 52.62 | 43.81 | 49.6 | 60.49 | 57.39 | 46.55 | 47.96 | 52.59 | 54.72 | 45.93 | 43.43 | 44.14 | 45.82 | 37.38 | 34.45 | 38.73 | 38.9 | 39.55 | 44.14 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.19B | 782M | 455M | 7M | 395M | 541M | 404M | 426M | 480M | 442M | 462M | 484M | 514M | 475M | -431M | -572M | 601M | 393M | 763M | 928M |
| Total Non-Current Assets | 19.76B | 19.25B | 19.45B | 20.07B | 19.79B | 19.46B | 20.73B | 22.92B | 22.15B | 22.21B | 23.09B | 23.64B | 21.47B | 20.11B | 19.13B | 19.53B | 16.69B | 15.39B | 14.6B | 14.1B |
| Property, Plant & Equipment | 15.85B | 15.35B | 2.86B | 16.17B | 14.89B | 14.67B | 15.91B | 18.27B | 17.5B | 17.57B | 18.33B | 18.68B | 16.57B | 15.02B | 14.27B | 14.5B | 2.18B | 2.17B | 2.06B | 2.12B |
| Fixed Asset Turnover | 0.13x | 0.22x | 0.26x | 0.14x | 0.12x | 0.13x | 0.15x | 0.13x | 0.12x | 0.12x | 0.15x | 0.14x | 0.13x | 0.14x | 0.17x | 0.28x | 0.83x | 0.92x | 1.06x | 0.86x |
| Goodwill | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B | 1.04B |
| Intangible Assets | 2.86B | 2.86B | 2.85B | 2.85B | 2.85B | 2.85B | 2.86B | 2.86B | 2.86B | 2.86B | 2.88B | 2.88B | 2.88B | 2.89B | 2.88B | 2.89B | 2.9B | 2.91B | 2.92B | 2.95B |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 12.69B | 0 | 662M | 894M | 926M | 754M | 751M | 726M | 834M | 1.03B | 979M | 1.16B | 933M | 1.09B | 10.56B | 9.26B | 8.56B | 7.99B |
| Total Assets | 23.29B | 22.31B | 22.99B | 23.08B | 22.05B | 21.8B | 22.98B | 25.18B | 24.31B | 24.61B | 25.55B | 26.09B | 23.75B | 22.5B | 21.69B | 22.07B | 20.94B | 19.78B | 19.59B | 19.01B |
| Asset Turnover | 0.09x | 0.09x | 0.11x | 0.10x | 0.08x | 0.09x | 0.11x | 0.10x | 0.09x | 0.09x | 0.10x | 0.10x | 0.09x | 0.09x | 0.11x | 0.11x | 0.09x | 0.10x | 0.12x | 0.11x |
| Asset Growth % | 5.63% | 2.33% | 0.05% | -8.35% | -9.31% | -11.39% | -10.08% | -3.48% | 2.36% | 9.37% | 17.8% | 18.25% | 13.41% | 13.72% | 10.72% | 16.09% | 26.07% | 17% | 4.46% | -17.78% |
| Total Current Liabilities | 4.73B | 5.53B | 3.17B | 2.73B | 3.28B | 3.16B | 4.63B | 2.13B | 3.34B | 3.1B | 3.38B | 3.67B | 2.93B | 2.74B | 2.58B | 2.79B | 2.06B | 1.59B | 2.28B | 2.41B |
| Accounts Payable | 1.15B | 859M | 830M | 898M | 861M | 642M | 624M | 995M | 1.13B | 701M | 790M | 935M | 720M | 657M | 614M | 659M | 675M | 572M | 586M | 780M |
| Days Payables Outstanding | 49.36 | 40.03 | 41.06 | 42.66 | 38 | 29.16 | 31.77 | 41.5 | 39.93 | 30.28 | 39.03 | 44.09 | 37.85 | 34.99 | 36.33 | 45.26 | 54.64 | 45.18 | 50.72 | 63.42 |
| Short-Term Debt | 2.45B | 3.31B | 0 | 333M | 1.03B | 1.19B | 2.6B | 0 | 1.14B | 1.38B | 1.48B | 1.54B | 1.11B | 998M | 801M | 880M | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 980M | 1.23B | 930M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 446M | 159M | 791M | 681M |
| Current Ratio | 0.75x | 0.55x | 1.11x | 1.10x | 0.69x | 0.74x | 0.49x | 1.06x | 0.65x | 0.77x | 0.73x | 0.67x | 0.78x | 0.87x | 0.99x | 0.91x | 2.06x | 2.76x | 2.19x | 2.04x |
| Quick Ratio | 0.75x | 0.55x | 1.11x | 1.10x | 0.69x | 0.74x | 0.49x | 1.06x | 0.65x | 0.77x | 0.73x | 0.67x | 0.78x | 0.87x | 0.99x | 0.91x | 2.06x | 2.76x | 2.19x | 2.04x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 19.34B | 17.24B | 20.13B | 20.85B | 19.03B | 18.48B | 17.67B | 21.09B | 18.16B | 18.42B | 18.78B | 18.75B | 18.05B | 17.12B | 16.36B | 16.54B | 16.18B | 15.21B | 11.66B | 11.53B |
| Long-Term Debt | 15.54B | 14.12B | 5.65B | 17.02B | 15.74B | 15.14B | 14.35B | 17.37B | 14.6B | 14.31B | 14.53B | 15.03B | 13.66B | 12.87B | 12.28B | 12.51B | 2.97B | 2.99B | 1.51B | 1.51B |
| Capital Lease Obligations | 2.49B | 1.77B | 2.13B | 2.38B | 2.13B | 2.07B | 2.02B | 2.11B | 2.1B | 2.14B | 2.09B | 2.07B | 1.98B | 1.8B | 1.56B | 1.49B | 1.51B | 1.51B | 1.4B | 1.46B |
| Deferred Tax Liabilities | 377M | 350M | 0 | 327M | 348M | 472M | 559M | 912M | 620M | 1.04B | 1.18B | 1.2B | 1.22B | 1.36B | 1.31B | 1.26B | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 933M | 1B | 12.35B | 1.12B | 814M | 795M | 739M | 704M | 840M | 924M | 978M | 451M | 1.19B | 1.09B | 1.22B | 1.28B | 11.69B | 10.72B | 8.75B | 8.56B |
| Total Liabilities | 24.07B | 22.77B | 23.31B | 23.59B | 22.31B | 21.65B | 22.3B | 23.23B | 21.5B | 21.51B | 22.16B | 22.42B | 20.98B | 19.85B | 18.93B | 19.34B | 18.24B | 16.81B | 13.94B | 13.94B |
| Total Debt | 20.48B | 19.2B | 7.94B | 19.74B | 18.9B | 18.41B | 18.98B | 19.48B | 17.84B | 17.83B | 18.11B | 18.64B | 16.74B | 15.66B | 14.63B | 14.88B | 4.49B | 4.5B | 2.91B | 2.97B |
| Net Debt | 19.26B | 18.03B | 6.85B | 18.61B | 18.27B | 17.82B | 18.48B | 18.91B | 17.38B | 17.07B | 17.51B | 17.96B | 16.01B | 14.72B | 13.63B | 13.84B | 2.96B | 2.24B | 210M | 1.15B |
| Debt / Equity | - | - | - | - | - | 120.31x | 27.87x | 9.95x | 6.35x | 5.77x | 5.34x | 5.07x | 6.03x | 5.92x | 5.30x | 5.45x | 1.66x | 1.51x | 0.52x | 0.59x |
| Debt / EBITDA | 40.64x | 44.85x | 9.53x | 35.89x | 40.38x | 31.04x | 17.16x | 20.63x | 19.44x | 27.06x | 16.58x | 20.53x | 25.91x | 29.01x | 12.95x | 12.26x | 4.97x | 6.40x | 3.01x | 3.55x |
| Net Debt / EBITDA | 38.22x | 42.13x | 8.22x | 33.84x | 39.04x | 30.04x | 16.71x | 20.03x | 18.93x | 25.90x | 16.04x | 19.78x | 24.79x | 27.26x | 12.06x | 11.40x | 3.28x | 3.19x | 0.22x | 1.38x |
| Interest Coverage | -0.21x | -0.25x | 1.95x | 0.18x | -0.97x | -1.11x | -5.67x | -1.02x | -1.69x | -1.37x | 3.56x | 1.81x | 1.37x | 1.93x | 6.22x | 11.46x | 7.32x | -0.99x | 13.19x | -0.14x |
| Total Equity | -786M | -459M | -317M | -504M | -262M | 153M | 681M | 1.96B | 2.81B | 3.09B | 3.39B | 3.67B | 2.77B | 2.65B | 2.76B | 2.73B | 2.7B | 2.98B | 5.65B | 5.07B |
| Equity Growth % | -200% | -400% | -146.55% | -125.74% | -109.32% | -95.05% | -79.91% | -46.71% | 1.37% | 16.9% | 22.78% | 34.63% | 2.66% | -11.15% | -51.14% | -46.19% | 831.72% | 3101.08% | 1312.75% | 653.64% |
| Book Value per Share | -2.50 | -1.43 | -0.87 | -1.63 | -0.85 | 0.50 | 2.22 | 6.40 | 9.22 | 10.10 | 10.37 | 11.66 | 8.59 | 7.62 | 7.28 | 6.44 | 5.86 | 6.36 | 11.53 | 31.70 |
| Total Shareholders' Equity | -786M | -459M | -317M | -504M | -262M | 153M | 681M | 1.96B | 2.81B | 3.09B | 3.39B | 3.67B | 2.77B | 2.65B | 2.76B | 2.73B | 2.7B | 2.98B | 5.64B | 5.05B |
| Common Stock | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 0 | 5M | 5M | 5M | 5M | 5M | 5M | 5M | 5M |
| Retained Earnings | -3.58B | -3.25B | -3.06B | -3.24B | -2.94B | -2.5B | -2.02B | -691M | 174M | 360M | 708M | -717M | -60M | -256M | -372M | -949M | -1.89B | -2.31B | -2.06B | -2.66B |
| Treasury Stock | -3.43B | -3.43B | -3.43B | -3.43B | -3.43B | -3.43B | -3.43B | -3.43B | -3.43B | -3.43B | -3.39B | 0 | -3.24B | -3.14B | -2.82B | -2.32B | -1.43B | -708M | 0 | 0 |
| Accumulated OCI | -236M | -232M | -269M | -261M | -301M | -316M | -251M | -291M | -288M | -248M | -323M | -276M | -280M | -294M | -359M | -280M | -221M | -214M | -226M | -202M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12M | 19M |