Hertz Global Holdings Reports Strategic Progress in Q1 2025

Hertz Global Holdings Inc ( (HTZ) ) has released its Q1 earnings. Here is a breakdown of the information Hertz Global Holdings Inc presented to its investors.

Hertz Global Holdings Inc. is a prominent car rental and mobility solutions provider, operating under brands like Hertz, Dollar, and Thrifty, with a significant global presence. In its first quarter of 2025, Hertz reported substantial progress in its strategic transformation, focusing on fleet management, revenue optimization, and cost efficiency. The company achieved a 45% reduction in vehicle depreciation year-over-year and a $92 million improvement in direct operating expenses, reflecting the success of its ‘Back-to-Basics Roadmap.’ Despite a 13% decline in total revenues to $1.813 billion, Hertz is on track to achieve positive Adjusted Corporate EBITDA by the third quarter of 2025. The company is strategically managing its fleet amid macroeconomic uncertainties, with a focus on maintaining a tight fleet and leveraging rising residual values. Looking ahead, Hertz aims to enhance its revenue management system, improve demand generation, and strengthen its customer experience, positioning itself for long-term value creation.