Hertz Historical Income Statement

HTZWW Stock  USD 2.60  0.06  2.26%   
Historical analysis of Hertz Global income statement accounts such as Other Operating Expenses of 8.1 B or Operating Income of 594.1 M can show how well Hertz Global Hldgs performed in making a profits. Evaluating Hertz Global income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hertz Global's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Hertz Global Hldgs latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hertz Global Hldgs is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

About Hertz Income Statement Analysis

Hertz Global Hldgs Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hertz Global shareholders. The income statement also shows Hertz investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Hertz Global Income Statement Chart

At this time, Hertz Global's Gross Profit is fairly stable compared to the past year. EBIT is likely to climb to about 1.1 B in 2024, whereas Other Operating Expenses is likely to drop slightly above 8.1 B in 2024.

Total Revenue

Total revenue comprises all receipts Hertz Global Hldgs generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hertz Global Hldgs. It is also known as Hertz Global overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Hertz Global Hldgs income statement and represents the costs associated with goods and services Hertz Global provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Hertz Global's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hertz Global Hldgs current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hertz Global Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
At this time, Hertz Global's Gross Profit is fairly stable compared to the past year. EBIT is likely to climb to about 1.1 B in 2024, whereas Other Operating Expenses is likely to drop slightly above 8.1 B in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue4.6B5.7B7.6B6.3B
EBITDA1.3B3.8B3.6B3.8B

Hertz Global income statement Correlations

0.210.89-0.04-0.250.130.840.270.360.620.360.170.570.020.430.26-0.15-0.260.370.22-0.45
0.21-0.190.650.580.43-0.350.480.810.00.70.62-0.54-0.140.07-0.050.060.340.65-0.26-0.34
0.89-0.19-0.38-0.51-0.040.960.24-0.050.66-0.01-0.120.830.10.440.23-0.24-0.440.020.41-0.26
-0.040.65-0.380.590.35-0.390.050.63-0.580.580.41-0.62-0.320.1-0.39-0.060.620.58-0.410.28
-0.250.58-0.510.590.85-0.580.250.57-0.380.550.32-0.69-0.28-0.160.110.30.480.59-0.590.04
0.130.43-0.040.350.85-0.150.460.48-0.090.50.17-0.27-0.25-0.010.260.20.230.59-0.44-0.04
0.84-0.350.96-0.39-0.58-0.15-0.01-0.10.6-0.06-0.140.840.120.410.27-0.19-0.4-0.030.39-0.23
0.270.480.240.050.250.46-0.010.170.210.190.010.060.130.150.05-0.13-0.190.230.08-0.13
0.360.81-0.050.630.570.48-0.10.170.150.940.6-0.51-0.43-0.010.240.330.530.87-0.5-0.35
0.620.00.66-0.58-0.38-0.090.60.210.150.140.080.520.110.270.50.05-0.320.080.36-0.58
0.360.7-0.010.580.550.5-0.060.190.940.140.29-0.44-0.43-0.090.310.320.460.95-0.52-0.36
0.170.62-0.120.410.320.17-0.140.010.60.080.29-0.42-0.220.18-0.050.180.40.23-0.21-0.14
0.57-0.540.83-0.62-0.69-0.270.840.06-0.510.52-0.44-0.420.460.490.06-0.49-0.71-0.370.73-0.12
0.02-0.140.1-0.32-0.28-0.250.120.13-0.430.11-0.43-0.220.460.360.02-0.43-0.76-0.380.71-0.27
0.430.070.440.1-0.16-0.010.410.15-0.010.27-0.090.180.490.36-0.4-0.71-0.15-0.070.710.19
0.26-0.050.23-0.390.110.260.270.050.240.50.31-0.050.060.02-0.40.72-0.20.26-0.35-0.6
-0.150.06-0.24-0.060.30.2-0.19-0.130.330.050.320.18-0.49-0.43-0.710.720.280.22-0.8-0.27
-0.260.34-0.440.620.480.23-0.4-0.190.53-0.320.460.4-0.71-0.76-0.15-0.20.280.37-0.620.4
0.370.650.020.580.590.59-0.030.230.870.080.950.23-0.37-0.38-0.070.260.220.37-0.48-0.37
0.22-0.260.41-0.41-0.59-0.440.390.08-0.50.36-0.52-0.210.730.710.71-0.35-0.8-0.62-0.48-0.02
-0.45-0.34-0.260.280.04-0.04-0.23-0.13-0.35-0.58-0.36-0.14-0.12-0.270.19-0.6-0.270.4-0.37-0.02
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Hertz Global Account Relationship Matchups

Hertz Global income statement Accounts

201920202021202220232024 (projected)
Total Revenue9.8B5.3B7.3B8.7B9.4B9.0B
Gross Profit1.5B1.7B(401M)2.7B3.0B1.9B
Other Operating Expenses9.0B6.3B5.3B6.6B8.5B8.1B
Operating Income(2.2B)(1.1B)2.1B2.1B915M594.1M
Ebit(2.2B)(1.4B)547M2.9B1.1B1.1B
Ebitda818M1.0B1.3B3.8B3.6B3.8B
Cost Of Revenue8.1B5.7B4.6B5.7B7.6B6.3B
Total Operating Expenses969M664M688M959M1.7B1.3B
Income Before Tax13M(2.1B)683M2.4B286M300.3M
Total Other Income Expense Net2.2B(996M)(2.0B)376M(629M)(660.5M)
Net Income(50M)(1.7B)366M2.1B616M646.8M
Income Tax Expense63M(329M)318M390M(330M)(313.5M)
Depreciation And Amortization3.0B2.5B801M940M2.6B2.3B
Interest Expense805M608M469M328M793M533.1M
Selling General Administrative651M664M493M697M677M584.1M
Selling And Marketing Expenses238M318M195M262M285M237.7M
Tax Provision63M(329M)318M390M(174M)(182.7M)
Net Interest Income(805M)(608M)(469M)(328M)(703M)(738.2M)
Net Income From Continuing Ops(50M)(1.7B)365M2.1B1.1B1.1B
Reconciled Depreciation3.0B2.5B796M951M1.9B1.7B

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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.