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Hertz Global Holdings (Hertz Global Holdings) Operating Margin % : -8.32% (As of Mar. 2024)


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What is Hertz Global Holdings Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Hertz Global Holdings's Operating Income for the three months ended in Mar. 2024 was $-173 Mil. Hertz Global Holdings's Revenue for the three months ended in Mar. 2024 was $2,080 Mil. Therefore, Hertz Global Holdings's Operating Margin % for the quarter that ended in Mar. 2024 was -8.32%.

The historical rank and industry rank for Hertz Global Holdings's Operating Margin % or its related term are showing as below:

HTZGQ' s Operating Margin % Range Over the Past 10 Years
Min: -20.25   Med: 5.97   Max: 27.74
Current: 4.79


HTZGQ's Operating Margin % is ranked better than
59.58% of 1059 companies
in the Business Services industry
Industry Median: 6.31 vs HTZGQ: 4.79

Hertz Global Holdings's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Hertz Global Holdings's Operating Income for the three months ended in Mar. 2024 was $-173 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $450 Mil.

Warning Sign:

Hertz Global Holdings Inc has recorded a loss in operating income at least once over the past 3 years.


Hertz Global Holdings Operating Margin % Historical Data

The historical data trend for Hertz Global Holdings's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hertz Global Holdings Operating Margin % Chart

Hertz Global Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.76 -20.25 27.74 23.89 8.17

Hertz Global Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.99 13.71 17.43 -8.33 -8.32

Competitive Comparison of Hertz Global Holdings's Operating Margin %

For the Rental & Leasing Services subindustry, Hertz Global Holdings's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hertz Global Holdings's Operating Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hertz Global Holdings's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Hertz Global Holdings's Operating Margin % falls into.



Hertz Global Holdings Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Hertz Global Holdings's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=766 / 9371
=8.17 %

Hertz Global Holdings's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-173 / 2080
=-8.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hertz Global Holdings  (OTCPK:HTZGQ) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Hertz Global Holdings Operating Margin % Related Terms

Thank you for viewing the detailed overview of Hertz Global Holdings's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hertz Global Holdings (Hertz Global Holdings) Business Description

Traded in Other Exchanges
Address
8501 Williams Road, Estero, FL, USA, 33928
Hertz Global Holdings Inc operates an automotive vehicle rental service through the Hertz, Dollar, Thrifty, and Firefly brands. The company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and material handling equipment; and fleet-leasing and fleet-management services. The company operates a network of car rental locations and licenses its brands to associates and franchisees.
Executives
Daniel A Ninivaggi director C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Henry R. Keizer director MONTPELIER HOUSE, 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Sunghwan Cho director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Darren Richard Arrington officer: EVP Revenue Management & Fleet 8501 WILLIAMS ROAD, ESTERO FL 33928
Kenny K Cheung officer: EVP Chief Operational Finance HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Frederic Deschamps officer: EVP Revenue Management 8501 WILLIAMS ROAD, ESTERO FL 33928
David A Barnes director 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Vincent J Intrieri director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Laura Suenon-nestar officer: EVP Global Marketing and Custo 8501 WILLIAMS ROAD, ESTERO FL 33928
Opal Perry officer: EVP Chief Information Officer HERTZ GLOBAL HOLDINGS, INC., ESTERO FL 33928
Jodi J Allen officer: EVP Chief Marketing Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Jamere Jackson officer: EVP Chief Financial Officer C/O NIELSEN 85 BROAD ST., NEW YORK NY 10004
Richard Eric Esper officer: SVP Chief Accounting Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
David Galainena officer: EVP General Counsel and Secret HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Icahn Partners Master Fund Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160