Hertz Global Holdings, Inc (HTZ) financial statements (2021 and earlier)

Company profile

Business Address 8501 WILLIAMS ROAD
ESTERO, FL 33928
State of Incorp. DE
Fiscal Year End December 31
SIC 751 - Automotive Rental And Leasing, Without Drivers (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,0961,1371,3661,017865465415
Cash and cash equivalents1,0961,1371,3661,017865465415
Assets held-for-sale, not part of disposal group 283     
Total current assets:1,0961,4201,3661,017865465415
Noncurrent Assets
Operating lease, right-of-use asset1,6751,7371,7191,8321,8711,6791,547
Property, plant and equipment666699724765757758772
Intangible assets, net (including goodwill)4,0374,1434,1684,3114,3214,3274,312
Goodwill1,0451,0811,0801,0801,0831,0821,083
Intangible assets, net (excluding goodwill)2,9923,0623,0883,2313,2383,2453,229
Total noncurrent assets:6,3786,5796,6116,9086,9496,7646,631
Other undisclosed assets9,43410,75815,13917,91716,81318,31219,308
TOTAL ASSETS:16,90818,75723,11625,84224,62725,54126,354
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt7308879151,1081,124  
Deferred income tax liabilities7308879151,1081,124  
Total noncurrent liabilities:7308879151,1081,124  
Other undisclosed liabilities16,08517,47021,52823,24321,61523,55225,284
Total liabilities:16,81518,35722,44324,35122,73923,55225,284
Stockholders' equity
Stockholders' equity attributable to parent(100)3415591,3721,7691,874964
Common stock 221111
Treasury stock, value(100)(100)(100)(100)(100)(100)(100)
Additional paid in capital 3,0473,0483,0223,0243,0192,267
Accumulated other comprehensive loss (216)(221)(228)(189)(198)(187)
Accumulated deficit (2,392)(2,170)(1,323)(967)(848)(1,017)
Stockholders' equity attributable to noncontrolling interest3759114119119115106
Other undisclosed stockholders' equity156      
Total stockholders' equity:934006731,4911,8881,9891,070
TOTAL LIABILITIES AND EQUITY:16,90818,75723,11625,84224,62725,54126,354

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues1,2351,2688321,9232,3252,8362,511
Operating lease, lease income1,1921,1927661,8392,2392,7362,419
Cost of revenue
(Cost of Goods and Services Sold)
837(1,357)(704)(1,241)(1,339)(1,492)(1,388)
Gross profit:2,072(89)1286829861,3441,123
Operating expenses(786)(143)(168)(208)(544)(232)(258)
Operating income (loss):1,286(232)(40)4744421,112865
Nonoperating income (expense)(87)187(2)1722612
Gain on sale of leased assets, net, operating leases 187     
Other nonoperating income (expense)  (2)1722612
Interest and debt expense(38)  (12)(91)  
Other undisclosed loss from continuing operations before equity method investments, income taxes(1,549)(214)(1,002)(840)(503)(871)(833)
Income (loss) from continuing operations before income taxes:(388)(259)(1,044)(361)(130)24744
Income tax expense (benefit)9736192415(74)(4)
Net income (loss):(291)(223)(852)(357)(115)17340
Net income (loss) attributable to noncontrolling interest2151 (4)(2)
Other undisclosed net loss attributable to parent    (4)  
Net income (loss) available to common stockholders, diluted:(289)(222)(847)(356)(119)16938

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(291)(223)(852)(357)(115)17340
Other comprehensive income (loss)457(39)9(11)(2)
Comprehensive income (loss):(287)(218)(845)(396)(106)16238
Comprehensive income (loss), net of tax, attributable to noncontrolling interest2151(4)(4)(2)
Comprehensive income (loss), net of tax, attributable to parent:(285)(217)(840)(395)(110)15836

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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