Hertz Global Holdings Inc (HTZ)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 616,000 | 1,080,000 | 1,028,000 | 1,829,000 | 2,059,000 | 1,683,000 | 1,711,000 | 603,000 | 367,000 | 338,000 | -489,000 | -1,168,000 | -1,714,000 | -1,544,000 | -1,153,000 | -268,000 | -59,000 | -41,000 | -69,000 | -170,000 |
| Revenue (ttm) | US$ in thousands | 9,371,000 | 9,222,000 | 9,015,000 | 8,922,000 | 8,685,000 | 8,599,000 | 8,329,000 | 7,858,000 | 7,337,000 | 6,623,000 | 5,665,000 | 4,624,000 | 5,258,000 | 6,349,000 | 7,917,000 | 9,596,000 | 9,780,000 | 9,748,000 | 9,670,000 | 9,548,000 |
| Net profit margin | 6.57% | 11.71% | 11.40% | 20.50% | 23.71% | 19.57% | 20.54% | 7.67% | 5.00% | 5.10% | -8.63% | -25.26% | -32.60% | -24.32% | -14.56% | -2.79% | -0.60% | -0.42% | -0.71% | -1.78% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $616,000K ÷ $9,371,000K
= 6.57%
Hertz Global Holdings Inc.'s net profit margin has exhibited variability over the five quarters presented. The net profit margin decreased from 23.71% in Q4 2022 to 6.57% in Q4 2023. This decline suggests a substantial reduction in the company's profitability relative to its revenue in the most recent quarter.
The trend shows a gradual decrease in net profit margin from Q4 2022 to Q4 2023, indicating potential challenges or inefficiencies affecting the company's ability to convert revenue into profit. It is essential for stakeholders to monitor the factors influencing Hertz Global Holdings Inc.'s profitability to assess the company's financial health and sustainability.
Peer comparison
Dec 31, 2023