Hertz Global Holdings, Inc.

Hertz Global Holdings, Inc.verified

HTZ

Price:

$2.71

Market Cap:

$830.63M

Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments, Americas Rental Car and International Rental Car. The company provides vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-owned, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. It also sells vehicles; and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets. Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Estero, Florida.[Read more]

Industry

Rental & Leasing Services

IPO Date

2021-07-01

Stock Exchange

NASDAQ

Ticker

HTZ

The Current Ratio as of September 2024 (TTM) for Hertz Global Holdings, Inc. (HTZ) is 1.41

According to Hertz Global Holdings, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.41. This represents a change of 10.89% compared to the average of 1.27 of the last 4 quarters.

Hertz Global Holdings, Inc. (HTZ) Historical Current Ratio (quarterly & annually)

How has HTZ Current Ratio performed in the past?

The mean historical Current Ratio of Hertz Global Holdings, Inc. over the last ten years is 1.45. The current 1.41 Current Ratio has changed 9.65% with respect to the historical average. Over the past ten years (40 quarters), HTZ's Current Ratio was at its highest in in the September 2021 quarter at 2.89. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

1.45

Median

1.49

Minimum

0.70

Maximum

2.78

Hertz Global Holdings, Inc. (HTZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Hertz Global Holdings, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 85.36%

Maximum Annual Current Ratio = 2.78

Minimum Annual Increase = -62.06%

Minimum Annual Current Ratio = 0.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.77-62.06%
20222.04-26.59%
20212.7885.36%
20201.50-6.48%
20191.605.87%
20181.512.06%
20171.4815.82%
20161.2857.74%
20150.8115.90%
20140.70-1.35%

Hertz Global Holdings, Inc. (HTZ) Average Current Ratio

How has HTZ Current Ratio performed in the past?

The current Current Ratio of Hertz Global Holdings, Inc. (HTZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.87

5-year avg

1.74

10-year avg

1.45

Hertz Global Holdings, Inc. (HTZ) Current Ratio vs. Peers

How is HTZ’s Current Ratio compared to its peers?

Hertz Global Holdings, Inc.’s Current Ratio is less than United Rentals, Inc. (0), greater than Ryder System, Inc. (0.81), greater than Herc Holdings Inc. (0.74), greater than Hertz Global Holdings, Inc. (1.23), less than Air Lease Corporation (1.41), greater than The Aaron's Company, Inc. (0.17), less than Triton International Limited (2.95), greater than H&E Equipment Services, Inc. (1.12), less than GATX Corporation (1.49), less than McGrath RentCorp (3.02), greater than Alta Equipment Group Inc. (1.40), greater than Custom Truck One Source, Inc. (1.37), greater than Avis Budget Group, Inc. (1.30), greater than U-Haul Holding Company (0.86), less than null (1.99),

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