Hertz Global Holdings Inc (HTZ)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -2,862,000 | 616,000 | 2,059,000 | 366,000 | -1,723,000 |
| Total stockholders’ equity | US$ in thousands | 153,000 | 3,092,000 | 2,645,000 | 2,977,000 | 56,000 |
| ROE | -1,870.59% | 19.92% | 77.84% | 12.29% | -3,076.79% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-2,862,000K ÷ $153,000K
= -1,870.59%
The return on equity (ROE) of Hertz Global Holdings Inc has shown significant fluctuations over the past five years. In December 31, 2020, the ROE was negative at -3,076.79%, indicating that the company's net income was insufficient to cover shareholders' equity during that period.
However, there was a notable improvement in the ROE in December 31, 2021, reaching 12.29%, suggesting that the company generated a modest profit relative to its equity base. Subsequently, in December 31, 2022, the ROE surged to 77.84%, indicating a substantial increase in profitability and efficient utilization of shareholders' equity.
The ROE dipped slightly in December 31, 2023, to 19.92%, suggesting a moderate decrease in profitability compared to the previous year. Notably, in December 31, 2024, the ROE plummeted significantly to -1,870.59%, indicating a substantial loss relative to shareholders' equity, potentially due to financial challenges or operational issues.
Overall, the analysis of Hertz Global Holdings Inc's ROE demonstrates a mix of positive and negative trends, highlighting the company's fluctuating profitability and efficiency in generating returns for its shareholders over the years.
Peer comparison
Dec 31, 2024