Hertz Global Holdings Inc (HTZ)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 21,802,000 | 22,979,000 | 25,185,000 | 24,310,000 | 24,605,000 | 25,554,000 | 26,095,000 | 23,749,000 | 22,497,000 | 21,693,000 | 22,066,000 | 20,941,000 | 19,783,000 | 19,593,000 | 19,007,000 | 16,610,000 | 16,908,000 | 18,757,000 | 23,116,000 | 25,842,000 |
| Operating ROA | -4.92% | -4.72% | -0.77% | 2.09% | 3.54% | 5.03% | 4.59% | 6.18% | 6.45% | 5.76% | 7.48% | 7.13% | 7.05% | 6.65% | 2.31% | -4.81% | -6.30% | -4.48% | -1.48% | 2.09% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $-1,073,000K ÷ $21,802,000K
= -4.92%
Hertz Global Holdings Inc's operating return on assets (operating ROA) fluctuated over the reporting periods provided. From March 31, 2020, to December 31, 2020, the operating ROA showed a declining trend, reaching its lowest point of -6.30% in December 2020. However, starting from March 31, 2021, there was a notable improvement in the operating ROA performance, with positive values recorded in subsequent quarters.
The operating ROA increased steadily from March 2021 to June 2022, reaching its peak of 7.48% in June 2022. Thereafter, a slight decrease was observed in the following quarters up to December 2024, indicating some volatility in the company's operational efficiency.
Overall, the operating ROA figures demonstrate Hertz Global Holdings Inc's ability to generate operating income relative to its total assets. The positive values recorded from March 2021 to June 2022 suggest an improvement in the company's operational performance and asset utilization. However, the subsequent fluctuations highlight the ongoing challenges or changes in the business environment that impacted the company's efficiency in generating returns from its assets.
Peer comparison
Dec 31, 2024