Hertz Global Holdings Inc (HTZ)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -2,862,000 | 616,000 | 2,059,000 | 366,000 | -1,723,000 |
| Revenue | US$ in thousands | 9,049,000 | 9,371,000 | 8,685,000 | 7,336,000 | 5,258,000 |
| Net profit margin | -31.63% | 6.57% | 23.71% | 4.99% | -32.77% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-2,862,000K ÷ $9,049,000K
= -31.63%
The net profit margin of Hertz Global Holdings Inc has shown fluctuations over the past five years. Starting from a negative margin of -32.77% in December 2020, the company has displayed a significant turnaround, achieving a positive net profit margin of 4.99% in December 2021. This positive trend continued in December 2022, reaching 23.71%, indicating improved profitability. However, in December 2023, there was a slight decrease to 6.57% in the net profit margin. The most recent data point as of December 2024 shows a decrease to a negative margin of -31.63%, signaling a decline in profitability. Overall, the net profit margin has shown variability, and it is essential for stakeholders to monitor the company's financial performance closely to understand the factors influencing these fluctuations.
Peer comparison
Dec 31, 2024