Hertz Global Holdings Inc (HTZ)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -2,862,000 | -2,731,000 | -770,000 | 234,000 | 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 | -1,543,000 | -1,152,000 | -267,000 |
| Revenue (ttm) | US$ in thousands | 9,049,000 | 9,193,000 | 9,320,000 | 9,404,000 | 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 |
| Net profit margin | -31.63% | -29.71% | -8.26% | 2.49% | 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% | -24.30% | -14.55% | -2.78% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-2,862,000K ÷ $9,049,000K
= -31.63%
Net profit margin is a key profitability ratio that reveals the percentage of each dollar of revenue that results in net income after accounting for all expenses. For Hertz Global Holdings Inc, the net profit margin trend has been fluctuating over the recent quarters. The company experienced negative net profit margins in the earlier periods, indicating that expenses exceeded revenues.
From March 31, 2023, to June 30, 2023, the net profit margin improved consistently, reaching a peak of 20.54% in June 30, 2022. This upward trend demonstrates effective cost management and revenue generation during this period. However, there was a decline in the net profit margin from June 30, 2022, to December 31, 2022, although it remained relatively healthy.
Subsequently, the net profit margin experienced fluctuations, with percentages ranging from 2.49% to -29.71% from March 31, 2024, to September 30, 2024. The negative margins in the last few periods suggest that the company may have encountered challenges impacting profitability.
Overall, it is crucial for stakeholders to closely monitor Hertz Global Holdings Inc's net profit margin as it provides insights into the company's ability to generate profits relative to its revenue and expenses.
Peer comparison
Dec 31, 2024