Hertz Global Holdings Inc (HTZ)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -3,237,000 | -3,167,000 | -988,000 | -357,000 | 286,000 | 906,000 | 994,000 | 1,955,000 | 2,449,000 | 2,186,000 | 2,307,000 | 973,000 | 685,000 | 434,000 | -593,000 | -1,422,000 | -2,051,000 | -1,794,000 | -1,288,000 | -200,000 |
| 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 |
| Pretax margin | -35.77% | -34.45% | -10.60% | -3.80% | 3.05% | 9.82% | 11.03% | 21.91% | 28.20% | 25.42% | 27.70% | 12.38% | 9.34% | 6.55% | -10.47% | -30.75% | -39.01% | -28.26% | -16.27% | -2.08% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-3,237,000K ÷ $9,049,000K
= -35.77%
Hertz Global Holdings Inc has shown a fluctuating trend in its pretax margin over the specified periods. The company's pretax margin was negative for the majority of the quarters from March 31, 2020, to June 30, 2021. There was a significant improvement in pretax margin from September 30, 2021, reaching a positive 6.55%. The positive trend continued, with pretax margin further improving to 28.20% by December 31, 2022.
However, the pretax margin declined in the following periods, with a significant drop to -35.77% by December 31, 2024. This indicates a reversal in profitability for the company during the latter part of the period under review. Overall, fluctuations in the pretax margin suggest varying levels of operational efficiency and profitability for Hertz Global Holdings Inc during the specified time frame.
Peer comparison
Dec 31, 2024