Hertz Global Holdings Inc ( (HTZ) ) has released its Q2 earnings. Here is a breakdown of the information Hertz Global Holdings Inc presented to its investors.
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Hertz Global Holdings, Inc. is a prominent car rental and mobility solutions provider, operating well-known brands like Hertz, Dollar, Thrifty, and Firefly across more than 11,000 locations in 160 countries. The company also offers used car sales through Hertz Car Sales and car-sharing services in Europe.
In its latest earnings report for the second quarter of 2025, Hertz Global Holdings, Inc. announced significant improvements in profitability, marking its best quarterly results in nearly two years. The company highlighted a half-billion-dollar improvement in net income and Adjusted Corporate EBITDA, driven by strategic initiatives in fleet management, operational efficiency, and cost control.
Key financial metrics revealed a 66% year-over-year reduction in net loss, with net income improving from a loss of $865 million in 2024 to a loss of $294 million in 2025. The company’s vehicle utilization increased to 83%, and depreciation per unit per month dropped significantly, exceeding targets. Additionally, Hertz achieved its highest second-quarter retail vehicle sales volume in five years, underscoring strong consumer demand.
Despite a 7% decline in total revenues, the company’s operational improvements and strategic focus on cost management and fleet optimization have positioned it for future growth. The company ended the quarter with over $1.45 billion in liquidity, reflecting a solid financial footing.
Looking ahead, Hertz Global Holdings, Inc. aims to continue building on its strategic initiatives, focusing on operational soundness and financial discipline to lead in the evolving mobility landscape. The management remains committed to enhancing customer experience and service excellence, positioning the company for sustained growth in the future.