Hertz Global Holdings Inc (HTZ)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -2,862,000 | -2,731,000 | -770,000 | 234,000 | 616,000 | 1,080,000 | 1,028,000 | 1,829,000 | 2,059,000 | 1,683,000 | 1,711,000 | 603,000 | 367,000 | 338,000 | -489,000 | -1,168,000 | -1,714,000 | -1,543,000 | -1,152,000 | -267,000 |
| Total stockholders’ equity | US$ in thousands | 153,000 | 681,000 | 1,958,000 | 2,812,000 | 3,092,000 | 3,390,000 | 2,839,000 | 2,774,000 | 2,645,000 | 2,761,000 | 2,729,000 | 2,702,000 | 2,977,000 | 4,206,000 | 3,620,000 | 265,000 | 56,000 | 341,000 | 559,000 | 1,372,000 |
| ROE | -1,870.59% | -401.03% | -39.33% | 8.32% | 19.92% | 31.86% | 36.21% | 65.93% | 77.84% | 60.96% | 62.70% | 22.32% | 12.33% | 8.04% | -13.51% | -440.75% | -3,060.71% | -452.49% | -206.08% | -19.46% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-2,862,000K ÷ $153,000K
= -1,870.59%
Hertz Global Holdings Inc's Return on Equity (ROE) has shown significant fluctuations over the years, as per the provided data. The company experienced negative ROE figures in the earlier periods, indicating that its net income was insufficient to generate a positive return for equity holders.
The negative ROE figures in the late 2020 and early 2021 periods were particularly alarming, reaching as low as -3,060.71%, reflecting a substantial loss relative to the equity invested in the company.
However, the trend changed starting from March 2022, with the ROE turning positive and showing a steady improvement over the subsequent quarters. The positive ROE figures indicate that the company's profitability improved, and it started generating a return for its equity investors.
The ROE reached its peak at 77.84% in December 2022, signifying a strong performance in utilizing equity to generate profits. Although there was some fluctuation in the ROE figures in the following quarters, the values remained positive, indicating a more sustainable growth trajectory for the company.
Overall, the recent positive trend in Hertz Global Holdings Inc's ROE demonstrates an improvement in the company's financial performance and its ability to generate returns for shareholders. However, monitoring future ROE figures will be crucial to assess the company's continued financial health and profitability.
Peer comparison
Dec 31, 2024