Hertz Global Holdings Inc (HTZ)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -1,073,000 | -1,084,000 | -193,000 | 507,000 | 871,000 | 1,285,000 | 1,197,000 | 1,467,000 | 1,450,000 | 1,249,000 | 1,651,000 | 1,494,000 | 1,394,000 | 1,302,000 | 440,000 | -799,000 | -1,065,000 | -840,000 | -341,000 | 540,000 |
| 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 |
| Operating profit margin | -11.86% | -11.79% | -2.07% | 5.39% | 9.29% | 13.93% | 13.28% | 16.44% | 16.70% | 14.52% | 19.82% | 19.01% | 19.00% | 19.66% | 7.77% | -17.28% | -20.25% | -13.23% | -4.31% | 5.63% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-1,073,000K ÷ $9,049,000K
= -11.86%
Hertz Global Holdings Inc's operating profit margin has exhibited significant fluctuations over the past few years. The company experienced a downward trend in its operating profit margin from June 2020 to March 2021, reflecting a decline in profitability. However, starting from June 2021, the operating profit margin improved substantially, reaching its peak at 19.82% by June 30, 2022.
Thereafter, the operating profit margin fluctuated around the 15-20% range until June 2023. However, from September 2023, there was a gradual decline in the operating profit margin, dropping to 9.29% by December 31, 2023. This decline continued into March 2024, where the operating profit margin further decreased to 5.39%.
The most recent data for June and September 2024 shows negative operating profit margins, indicating a concerning trend. The negative operating profit margins could suggest challenges in the company's operations or cost structure that are impacting its profitability.
Overall, the analysis of Hertz Global Holdings Inc's operating profit margin indicates both positive and negative trends, underscoring the company's financial performance and highlighting areas that may require further examination and strategic planning to address any underlying issues impacting profitability.
Peer comparison
Dec 31, 2024