Hertz Global Holdings, Inc. (HTZ)财务
NASDAQ · Industrials · Rental & Leasing Services · 员工26,000人 · CEO Wayne Gilbert West
- 股价
- $1.92 -1.03%
- 市值
- $6.06亿
- 企业价值
- $211亿
- 最近财报
- Q2 '26 2026-08-06提交
- 下次财报
- 2026-11-05 EPS预期 $0.21
营收(TTM)$89.1亿+3.4% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)2.8%+6.0 百分点 对比去年同期营业利润 $2.49亿
净利润(TTM)-$2.79亿+89.1% 对比去年同期税后,含营业外收益
自由现金流(TTM)-$84.7亿-101.5% 对比去年同期资本支出 $98.9亿
稀释EPS(TTM)-$1.12+86.6% 对比去年同期最近4个季度之和
净现金-$205亿-9.9% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $6.06亿 EV $211亿
- 营收
- $89.1亿 过去12个月
- 营收增速
- +8% FY2026年一致预期
- 净利润率
- -3.1% 净利润 / 营收,TTM
- P/E
- -2.2× 预期 -2.5×(FY2026)
- P/S
- 0.1× 股价 / 营收,TTM
- EV / EBITDA
- 7.0× TTM
- 自由现金流
- -$84.7亿 过去12个月
- 净利润
- -$2.79亿 过去12个月
- 营收预期
- $91.9亿 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $26.2亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-06):营收超预期5.4%,EPS 超预期54.0%营收$24亿,预期$22.7亿(+5.4%);EPS -$0.11,预期-$0.24(+54.0%)。
- 营收增长加速:同比9.7%Q2 '26营收$24亿,此前四个季度的平均值为-0.2%。
- 营业利润率2.8%(TTM),较去年同期+6.0 百分点营收增长3.4%,营业利润增长189.2%。
- 资本支出占营收的111.1%(去年为70.9%)最近4个季度投入$98.9亿(同比+62.0%)。自由现金流-$84.7亿。
- 稀释股数一年内增加35.3%Q2 '26稀释股数4.18亿,一年前为3.09亿。
- 净债务 $205亿现金 + 短期投资 $6.31亿,含租赁债务 $211亿;一年前净债务 $186亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $24亿 | $21.9亿 | +9.7% |
| 毛利率 | 19.0% | 14.1% | +4.8 百分点 |
| 营业利润 | $1.71亿 | $6300万 | +171.4% |
| 营业利润率 | 7.1% | 2.9% | +4.3 百分点 |
| 净利润 | $6400万 | -$2.94亿 | +121.8% |
| 稀释EPS | $0.06 | -$0.95 | +105.8% |
| 经营现金流 | $3.81亿 | $3.46亿 | +10.1% |
| 资本支出 | $36.4亿 | $30.7亿 | +18.6% |
| 自由现金流 | -$32.6亿 | -$27.3亿 | -19.7% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $2100万 | $1600万 | +31.3% |
实际 vs 一致预期
2026-08-06| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $24亿 | $22.7亿 | +5.4% |
| EPS(一致预期口径) | -$0.11 | -$0.24 | +54.0% |
来自2026-08-06发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| U.S. Car Rental | $63亿 | +262.4% | 86.6% | $160亿 | +129.8% | |
| International Car Rental | $9.71亿 | +117.2% | 13.4% | $27.7亿 | +67.6% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $18.4亿 | +11.1% | 76.6% | $67.4亿 | – | |
| Non-US | $5.6亿 | +5.3% | 23.4% | $21.7亿 | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $14.3亿
- 资本支出
- -$98.9亿
- 股票回购
- $0
- 股息
- $0
- 收购
- $46.7亿
- 债务净发行
- $13.8亿
- 股权激励费用
- $5200万
- 自由现金流
- -$84.7亿
- 股东回报 / FCF
- 0.0%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | -2.2× | 4.1× 5年中的2年 | 2.8× – 5.3× |
| EV / EBITDA | 7.0× | 6.8× | 5.2× – 10.3× |
| EV / 营收 | 2.4× | 2.1× | 1.4× – 2.4× |
| 股价 / FCF | -0.1× | – | – |
| 股价 / 净资产 | -1.0× | 3.3× 5年中的4年 | 1.1× – 7.3× |
| FCF收益率 | -1,396.2% | -322.8% | -750.5% – -29.3% |
| 投入资本回报率 | 1.2% | 3.1% | -2.5% – 8.4% |
| 净资产收益率 | 51.0% | -319.6% | -1,870.6% – 162.7% |
分析师
一致目标价 $2.22 (+15.6%)
区间 $1.00 – $3.00 · 评级 Hold
强烈买入0
买入7
持有9
卖出5
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $91.9亿 | +8.0% | -$0.78 | +67.7% | -2.5× | 4 |
| FY2027 | $95.5亿 | +3.9% | -$0.08 | +90.1% | -24.9× | 4 |
| FY2028 | $98.5亿 | +3.2% | $0.36 | +570.0% | 5.3× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Hertz Global Holdings, Inc.在近期10-Q / 10-K文件中标记的全部232项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable | $11.5亿 | $8.61亿 | +33.1% | $8.59亿 | $6.42亿 | +33.8% |
| Accounts Receivable, after Allowance for Credit Loss | $11.2亿 | $12.3亿 | -9.1% | $11.1亿 | $12.1亿 | -7.9% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $4400万 | $2500万 | +76.0% | $1.27亿 | $1.2亿 | +5.8% |
| Accretion Expense | $700万 | $200万 | +250.0% | – | – | – |
| Accrued Liabilities | $9.8亿 | $11.9亿 | -17.7% | $12.3亿 | $11.7亿 | +4.9% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $7.51亿2025-12-31 | $7.32亿 | +2.6% | $7.51亿 | $7.32亿 | +2.6% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$2.36亿 | -$3.01亿 | +21.6% | -$2.32亿 | -$3.16亿 | +26.6% |
| Additional Paid in Capital, Common Stock | $64.6亿 | $64.1亿 | +0.7% | $64.5亿 | $64亿 | +0.8% |
| Advertising Expense | – | – | – | $2.3亿 | $2.64亿 | -12.9% |
| Amortization of Debt Issuance Costs | $1900万 | $1800万 | +5.6% | $8600万 | $7400万 | +16.2% |
| Amortization of Intangible Assets | – | – | – | $2200万 | $2500万 | -12.0% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 1.87亿 | 1.39亿 | +34.5% | 1.4亿 | 1.15亿 | +21.7% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $1700万 | $1600万 | +6.3% | $6300万 | $6300万 | 0.0% |
| Asset Impairment Charges | $02025-12-31 | $0 | – | $0 | $10.5亿 | -100.0% |
| Assets | $233亿 | $220亿 | +5.6% | $223亿 | $218亿 | +2.3% |
| Capital Expenditures Incurred but Not yet Paid | $1400万 | $600万 | +133.3% | $1300万 | $300万 | +333.3% |
| Cash and Cash Equivalents, at Carrying Value | $5.83亿 | $6.26亿 | -6.9% | $5.65亿 | $5.92亿 | -4.6% |
| Cash and Cash Equivalents, Fair Value Disclosure | $1.47亿 | – | – | $2.87亿 | $2.29亿 | +25.3% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $12.2亿 | $10.2亿 | +19.4% | $11.7亿 | $11.3亿 | +3.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $12.2亿 | $10.2亿 | +19.4% | $11.7亿 | $11.3亿 | +3.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $5200万 | -$1.12亿 | +146.4% | $3400万 | -$7300万 | +146.6% |
| Class of Warrant or Right, Number of Securities Called by Warrants or Rights | – | – | – | 12024-06-28 | – | – |
| Class of Warrant or Right, Outstanding | 8270万 | – | – | 8270万 | 8270万 | 0.0% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 10亿2025-12-31 | 10亿 | 0.0% | 10亿 | 10亿 | 0.0% |
| Common Stock, Shares, Issued | 4.9亿 | 4.83亿 | +1.5% | 4.87亿 | 4.82亿 | +1.0% |
| Common Stock, Shares, Outstanding | 3.15亿 | 3.08亿 | +2.3% | 3.12亿 | 3.07亿 | +1.6% |
| Common Stock, Value, Issued | $500万 | $500万 | 0.0% | $500万 | $500万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | -$3.37亿 | -$4.28亿 | +21.3% | -$6.63亿 | -$29.3亿 | +77.4% |
| Cost, Depreciation | $4.81亿 | $5.35亿 | -10.1% | $19.3亿 | $36.1亿 | -46.6% |
| Costs and Expenses | $23.1亿 | $23.4亿 | -1.3% | $93.3亿 | $123亿 | -24.0% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$300万 | $1100万 | -127.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $5100万 | $6000万 | -15.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $4900万 | $8400万 | -41.7% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $100万 | $1300万 | -92.3% |
| Debt and Lease Obligation | $182亿 | $168亿 | +8.5% | $171亿 | $163亿 | +4.4% |
| Debt Instrument, Unamortized Discount (Premium), Net | $2.22亿 | $5500万 | +303.6% | $2.31亿 | $1.27亿 | +81.9% |
| Debt Instrument, Unused Borrowing Capacity, Amount | $2.54亿 | $5.49亿 | -53.7% | $9.25亿 | $12.5亿 | -26.1% |
| Decrease in Unrecognized Tax Benefits is Reasonably Possible | $6400万2025-12-31 | $5200万 | +23.1% | $6400万 | $5200万 | +23.1% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | -$1.09亿 | -$5.51亿 | +80.2% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$2600万 | $4200万 | -161.9% |
| Deferred Income Tax Expense (Benefit) | $2600万 | -$1.24亿 | +121.0% | -$1.32亿 | -$4.59亿 | +71.2% |
| Deferred Income Tax Liabilities, Net | $3.77亿 | $3.48亿 | +8.3% | $3.5亿 | $4.72亿 | -25.8% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $300万 | $5000万 | -94.0% |
| Deferred Tax Assets, Capital Loss Carryforwards | $1000万2025-12-31 | $400万 | +150.0% | $1000万 | $400万 | +150.0% |
| Deferred Tax Assets, Gross | $37亿2025-12-31 | $31.5亿 | +17.6% | $37亿 | $31.5亿 | +17.6% |
| Deferred Tax Assets, Net of Valuation Allowance | $27.7亿2025-12-31 | $23.1亿 | +19.9% | $27.7亿 | $23.1亿 | +19.9% |
| Deferred Tax Assets, Operating Loss Carryforwards | $23.6亿2025-12-31 | $16.1亿 | +46.3% | $23.6亿 | $16.1亿 | +46.3% |
| Deferred Tax Assets, Tax Credit Carryforwards, Other | $3.7亿2025-12-31 | $3.56亿 | +3.9% | $3.7亿 | $3.56亿 | +3.9% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Employee Benefits | $1100万2025-12-31 | $1600万 | -31.3% | $1100万 | $1600万 | -31.3% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals | $2.85亿2025-12-31 | $2.59亿 | +10.0% | $2.85亿 | $2.59亿 | +10.0% |
| Deferred Tax Assets, Valuation Allowance | $9.31亿2025-12-31 | $8.39亿 | +11.0% | $9.31亿 | $8.39亿 | +11.0% |
| Deferred Tax Liabilities, Gross | $31.1亿2025-12-31 | $27.7亿 | +12.2% | $31.1亿 | $27.7亿 | +12.2% |
| Deferred Tax Liabilities, Intangible Assets | $7.17亿2025-12-31 | $7.15亿 | +0.3% | $7.17亿 | $7.15亿 | +0.3% |
| Deferred Tax Liabilities, Leasing Arrangements | $5.78亿2025-12-31 | $5.37亿 | +7.6% | $5.78亿 | $5.37亿 | +7.6% |
| Deferred Tax Liabilities, Property, Plant and Equipment | $18.1亿2025-12-31 | $15.2亿 | +19.4% | $18.1亿 | $15.2亿 | +19.4% |
| Defined Contribution Plan, Cost | – | – | – | $2500万 | $2600万 | -3.8% |
| Depreciation | – | – | – | $9500万 | $1.15亿 | -17.4% |
| Depreciation, Depletion and Amortization, Nonproduction | $2600万 | $3000万 | -13.3% | $1.17亿 | $1.39亿 | -15.8% |
| Depreciation, Nonproduction | $2600万 | $3000万 | -13.3% | $1.17亿 | $1.39亿 | -15.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02