Hertz Global Holdings, Inc. (HTZ) Revenue History
Annual and quarterly revenue from 2005 to present
HTZ Revenue Over Time (2005–2025)
HTZ Revenue Growth History
12 of 20 years with positive growth- FY2005 revenue growth
- N/A
- FY2006 revenue growth
- +5116.8%
- FY2007 revenue growth
- +7.8%
- FY2008 revenue growth
- -1.8%
- FY2009 revenue growth
- -16.7%
- FY2010 revenue growth
- +6.5%
- FY2011 revenue growth
- +9.7%
- FY2012 revenue growth
- +8.7%
- FY2013 revenue growth
- +19.4%
- FY2014 revenue growth
- +2.5%
- FY2015 revenue growth
- -18.4%
- FY2016 revenue growth
- -2.4%
- FY2017 revenue growth
- +0.0%
- FY2018 revenue growth
- +8.0%
- FY2019 revenue growth
- +2.9%
- FY2020 revenue growth
- -46.2%
- FY2021 revenue growth
- +39.5%
- FY2022 revenue growth
- +18.4%
- FY2023 revenue growth
- +7.9%
- FY2024 revenue growth
- -3.4%
- FY2025 revenue growth
- -6.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $2.00B | +10.5% |
| Q4 2025 | $2.03B | -0.6% |
| Q3 2025 | $2.48B | -3.8% |
| Q2 2025 | $2.19B | -7.1% |
| Q1 2025 | $1.81B | -12.8% |
| Q4 2024 | $2.04B | -6.6% |
| Q3 2024 | $2.58B | -4.7% |
| Q2 2024 | $2.35B | -3.4% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2025)
HTZ's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HTZ Revenue Analysis (2005–2025)
Current Revenue & Growth
As of June 21, 2026, Hertz Global Holdings, Inc. (HTZ) generated trailing twelve-month (TTM) revenue of $8.70 billion, reflecting strong growth of +10.5% year-over-year. The most recent quarter (Q1 2026) recorded $2.00 billion in revenue, down 1.2% sequentially.
Historical Growth Trajectory
HTZ's 5-year compound annual growth rate (CAGR) stands at +10.1%, indicating consistent double-digit revenue growth. The 3-year CAGR of -0.7% is below the 5-year average, signalling a growth deceleration in recent years. Hertz Global Holdings, Inc.'s highest annual revenue of $11.05 billion was recorded in 2014.
Revenue by Segment
HTZ's revenue is primarily driven by U.S. Car Rental (83%), and International Car Rental (17%). With over half of revenue concentrated in U.S. Car Rental, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Industrials sector peers — including CAR (+0.7% YoY), RCMT (+9.3% YoY), and UHAL (+3.6% YoY) — HTZ has outperformed the peer group in revenue growth. Compare HTZ vs CAR →
HTZ Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HTZCurrent | $8.7B | +10.5% | +10.1% | 0.2% | |
 CAR | $11.7B | +0.7% | +16.6% | 11.0% | |
 RCMT | $319M | +9.3% | +16.3% | 7.9% | |
 UHAL | $6.0B | +3.6% | +5.9% | 7.6% | |
 LYFT | $6.3B | +9.4% | +21.7% | -3.0% | |
 UBER | $52.0B | +18.3% | +36.1% | 10.7% |
HTZ Historical Revenue Data (2005–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.50B | -6.0% | $971.0M | 11.4% | $14.0M | 0.2% |
| 2024 | $9.05B | -3.4% | $283.0M | 3.1% | $-562,000,000 | -6.2% |
| 2023 | $9.37B | +7.9% | $1.73B | 18.4% | $774.0M | 8.3% |
| 2022 | $8.69B | +18.4% | $3.03B | 34.9% | $2.08B | 23.9% |
| 2021 | $7.34B | +39.5% | $2.74B | 37.3% | $2.07B | 28.2% |
| 2020 | $5.26B | -46.2% | $-376,000,000 | -7.2% | $-892,000,000 | -17.0% |
| 2019 | $9.78B | +2.9% | $1.73B | 17.7% | $759.0M | 7.8% |
| 2018 | $9.50B | +8.0% | $1.73B | 18.2% | $584.0M | 6.1% |
| 2017 | $8.80B | +0.0% | $1.39B | 15.8% | $411.0M | 4.7% |
| 2016 | $8.80B | -2.4% | $1.60B | 18.2% | $610.0M | 6.9% |
| 2015 | $9.02B | -18.4% | $1.75B | 19.4% | $803.0M | 8.9% |
| 2014 | $11.05B | +2.5% | $2.05B | 18.6% | $929.0M | 8.4% |
| 2013 | $10.78B | +19.4% | $2.61B | 24.2% | $1.55B | 14.4% |
| 2012 | $9.02B | +8.7% | $2.08B | 23.1% | $1.09B | 12.1% |
| 2011 | $8.30B | +9.7% | $1.85B | 22.3% | $971.2M | 11.7% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
21+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
HTZ — Frequently Asked Questions
Quick answers to the most common questions about buying HTZ stock.
Is HTZ's revenue growth accelerating or slowing?
HTZ revenue growth is holding steady at +10.5% year-over-year. TTM revenue is $8.7B. The current growth rate closely tracks the 5-year CAGR of +10.1%, signalling consistent execution.
What is HTZ's revenue history from 2005 to 2026?
Hertz Global Holdings, Inc. (HTZ) revenue history spans 2005 to 2026. TTM revenue as of 2026 is $8.7B, growing at +10.5% YoY. The 5-year CAGR is +10.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is HTZ's long-term revenue growth rate (CAGR)?
Hertz Global Holdings, Inc.'s 5-year revenue CAGR of +10.1% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +10.5% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for HTZ.
Why does HTZ's quarterly revenue fluctuate?
HTZ quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Hertz Global Holdings, Inc.'s revenue data from 2005 to 2026 shows full historical quarterly detail on this page.
How is HTZ's revenue distributed by segment?
HTZ reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does HTZ's revenue compare to industry peers?
Hertz Global Holdings, Inc. (HTZ) with TTM revenue of $8.7B and +10.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.