Hertz Return On Equity from 2010 to 2024

HTZWW Stock  USD 2.20  0.10  4.76%   
Hertz Global Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of Hertz Global Hldgs in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.1992238
Current Value
0.21
Quarterly Volatility
7.97159902
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hertz Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hertz Global's main balance sheet or income statement drivers, such as Total Revenue of 9 B, Gross Profit of 1.9 B or Other Operating Expenses of 8.1 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0332 or PTB Ratio of 1.0. Hertz financial statements analysis is a perfect complement when working with Hertz Global Valuation or Volatility modules.
  
Check out the analysis of Hertz Global Correlation against competitors.

Latest Hertz Global's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Hertz Global Hldgs over the last few years. Return on Equity is the amount of Hertz Global Hldgs net income returned as a percentage of Hertz Global equity. Return on equity measures Hertz Global profitability by revealing how much profit Hertz Global Hldgs generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Hertz Global's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hertz Global's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported -1.3410 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Hertz Return On Equity Regression Statistics

Arithmetic Mean(1.97)
Coefficient Of Variation(405.17)
Mean Deviation3.84
Median0.1
Standard Deviation7.97
Sample Variance63.55
Range31.5463
R-Value(0.17)
Mean Square Error66.37
R-Squared0.03
Significance0.54
Slope(0.31)
Total Sum of Squares889.65

Hertz Return On Equity History

2024 0.21
2023 0.2
2022 0.78
2020 -30.77
2019 -0.0265
2018 -0.2
2017 0.22

About Hertz Global Financial Statements

Hertz Global investors use historical fundamental indicators, such as Hertz Global's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Hertz Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.20  0.21 

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Additional Tools for Hertz Stock Analysis

When running Hertz Global's price analysis, check to measure Hertz Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hertz Global is operating at the current time. Most of Hertz Global's value examination focuses on studying past and present price action to predict the probability of Hertz Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hertz Global's price. Additionally, you may evaluate how the addition of Hertz Global to your portfolios can decrease your overall portfolio volatility.