Hertz Global Holdings, Inc. is at a turning point, showing operational recovery and profitability but facing high expectations after a sharp stock rally. HTZ's strategy focuses on asset management, maximizing fleet utilization, and expanding direct-to-consumer car sales for higher margins and efficiency. Despite strong cash flow and low price-to-sales ratios, HTZ's high EV/EBITDA and weak growth metrics highlight ongoing transition risks.
Hertz Global Holdings, Inc. ( HTZ ) Q3 2025 Earnings Call November 4, 2025 9:00 AM EST Company Participants Johann Rawlinson - Vice President of Investor Relations Wayne West - CEO & Director Sandeep Dube - Executive VP, Chief Commercial Officer & Director Scott Haralson - Executive VP & CFO Conference Call Participants Chris Woronka - Deutsche Bank AG, Research Division Christopher Stathoulopoulos - Susquehanna Financial Group, LLLP, Research Division Ian Zaffino - Oppenheimer & Co. Inc., Research Division Stephanie Benjamin Moore - Jefferies LLC, Research Division Dan Levy - Barclays Bank PLC, Research Division Presentation Operator Welcome to Hertz Global Holdings Third Quarter 2025 Earnings Call. [Operator Instructions] I would like to remind you that this morning's call is being recorded by the company.
While the top- and bottom-line numbers for Hertz Global (HTZ) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
| Financial Services Industry | Financials Sector | Wayne Gilbert West CEO | XFRA Exchange | US42806J7000 ISIN |
| US Country | 26,000 Employees | - Last Dividend | - Last Split | 1 Jul 2021 IPO Date |
Hertz Global Holdings, Inc., established in 1918, stands out as a leading car rental service provider, with a presence that spans the globe. Headquartered in Estero, Florida, the corporation thrives through its operations which are segmented into Americas Rental Car and International Rental Car divisions. With a broad market reach, Hertz offers its vehicle rental services in various international territories including the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand. The company's global footprint is supported by a mix of company-operated locations, licensee, and franchisee outlets. Over the years, Hertz Global Holdings, Inc. has distinguished itself in the vehicle rental industry by operating under three well-recognized brands: Hertz, Dollar, and Thrifty.
Hertz Global Holdings, Inc. provides comprehensive vehicle rental services catering to various customer needs. Whether for short-term or long-term rentals, the company offers a wide range of vehicles to suit any requirement. From economy cars for budget-minded travelers to luxury vehicles for those seeking premium experiences, Hertz ensures availability and convenience across its global network. Utilizing the Hertz, Dollar, and Thrifty brands, the company extends its services to both individual customers and corporate clients, ensuring flexibility and a variety of options for every type of renter.
Aside from its rental services, Hertz Global Holdings, Inc. engages in the sale of vehicles, offering an option for customers interested in purchasing well-maintained used cars. Through this service, the company caters to consumers looking for reliable vehicles with a known service history. The sales process is designed to be transparent, providing potential buyers with detailed information about the vehicle's condition and history, thereby ensuring a trust-based transaction.
To enhance the customer experience, Hertz offers a range of value-added services designed to complement the vehicle rental process. These services include, but are not limited to, insurance products, the Hertz Gold Plus Rewards program, and roadside assistance. Each of these services is intended to provide customers with convenience, safety, and exclusive benefits, making their rental experience as seamless as possible. Whether it's offering peace of mind through comprehensive insurance coverage or rewarding loyal customers via a rewards program, Hertz's value-added services are tailored to meet the diverse needs of its clientele.