Hertz Global Holdings Inc (HTZ)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -1,070,000 | 756,000 | 2,073,000 | 2,056,000 | -1,056,000 |
| Revenue | US$ in thousands | 9,049,000 | 9,371,000 | 8,685,000 | 7,336,000 | 5,258,000 |
| Operating profit margin | -11.82% | 8.07% | 23.87% | 28.03% | -20.08% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-1,070,000K ÷ $9,049,000K
= -11.82%
Hertz Global Holdings Inc's operating profit margin has displayed significant fluctuations over the analyzed period. Starting at a negative margin of -20.08% in December 31, 2020, the company managed to turn around its profitability, achieving a substantial increase to 28.03% in December 31, 2021. This upward trend continued into the following years, with operating profit margins of 23.87% in December 31, 2022. However, there was a noticeable decline in profitability in December 31, 2023, where the operating profit margin dropped to 8.07%. The trend further worsened in December 31, 2024, with the operating profit margin falling into the negative territory at -11.82%.
The analysis indicates that Hertz Global Holdings Inc's operating profit margin has been volatile, showcasing both remarkable improvements and concerning downturns. Further investigation into the reasons behind these fluctuations would be crucial to understanding the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024