Hertz (HTZ)
NASDAQIndustrialsRental & Leasing ServicesSnapshot 2026-09-04
$2.30+1.32%
Close 2026-09-04 · 1-day change
NASDAQIndustrialsRental & Leasing ServicesSnapshot 2026-09-04
QuarterlyIQ Insights · HTZ
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 0% of the last 1 guided quarters · -200.0% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on transforming core Rent-a-Car operations while expanding growth across Rent-a-Car, Service, Fleet, and Mobility segments.
Stated as a priority in 3 of last 3 quarters. Revenue grew from $1.81B in 2025-Q1 to $2.40B in 2026-Q2, a 10-11% year-over-year increase each quarter. Management consistently emphasizes strengthening core rental operations while expanding growth platforms across Rent-a-Car, Service, Fleet, and Mobility, delivering on stated transformation goals.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated weak grew net income 53% of the time over the next year (vs 58% for the rest of the cohort, n=6963).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Strengthening our core business while building a platform for growth across four strategic areas: Rent-a-Car, Service, Fleet, and Mobility.”
“Transformation has two goals: improve core operations and build a diversified platform for growth spanning Rent-a-Car, Service, Fleet, and Mobility.”
“Building a diversified, value-creating platform for growth spanning Rent-a-Car, Service, Fleet, and Mobility.”
Continue to improve revenue via disciplined commercial execution, pricing power, and revenue per unit/day metrics.
Stated as a priority in 3 of last 3 quarters. Revenue per Unit (RPU) and Revenue per Day (RPD) metrics improved consistently, with RPU up 8% and RPD up 9% in 2026-Q2 and a 5.5% RPD increase in 2026-Q1. These gains reflect disciplined commercial execution and pricing power, matching management's stated focus on revenue growth.
“Revenue per Unit (RPU) up 8% and Revenue per Day (RPD) up 9% year over year through strong pricing performance.”
“RPD delivering a 5.5% increase, most significant year-over-year improvement since 2022.”
“Year-over-year RPU and RPD metrics improved sequentially through 2025, momentum continuing into 2026.”
Focus on cost management initiatives to improve operating income and Adjusted Corporate EBITDA margins.
Stated as a priority in 3 of last 3 quarters. Adjusted Corporate EBITDA improved significantly from $(205) million in 2025-Q4 to $81 million in 2026-Q2, reflecting tangible operational improvements. Operating income remains negative but shows progress. Management's focus on cost discipline and operational efficiency is delivering measurable EBITDA gains.
“Adjusted Corporate EBITDA was $81 million, a $63 million year-over-year improvement, above top end of guidance.”
“Adjusted Corporate EBITDA improved nearly 50% year over year despite $25 million negative impact from recalls.”
“Adjusted Corporate EBITDA improved approximately $150 million year over year despite transitory headwinds.”
Grow new mobility channels via Oro Mobility's driver-led fleet and autonomous vehicle partnerships, including Uber and Nuro.
Newly stated in 2026-Q1 and reiterated in 2026-Q2. Oro Mobility has logged over six million miles and is expanding with a first autonomous vehicle partnership with Uber expected to start operations later in 2026. Management is building this mobility segment as a growth platform complementing core rental operations.
“Oro drivers have completed more than six million miles; first AV partnership with Uber's robotaxi program expected to begin operations later this year.”
“Launched Oro Mobility to provide driver-led and autonomous fleet management solutions; Uber announced as major partner.”
Ensure liquidity near $1 billion and manage capital through debt offerings and revolving credit facilities.
Stated as a priority in 3 of last 3 quarters. Liquidity remained strong, with $837 million at 2026-Q1 and $984 million at 2026-Q2, consistent with management's guidance. The company completed a $350 million Exchangeable Notes offering in 2026-Q2, maintaining capital structure discipline and supporting operational and growth needs.
“Ended quarter with approximately $984 million of liquidity, in line with guidance.”
“Ended quarter with approximately $837 million of liquidity and completed additional financing adding $200 million.”
“Ended quarter with approximately $1.5 billion of liquidity and potential access to more than $1 billion of liquidity enhancements.”
Over the trailing year it converted -0.92x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates (low R² over the window).
35 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Industrials names rated volatile grew net income 58% of the time over the next year (vs 57% for the rest of the cohort, n=2592).
Not investment advice. As of 2026-09-04.