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Hertz Valuation Multiples

Discover revenue and EBITDA valuation multiples for Hertz and similar public comparables like QNB Finans Leasing, Fuyo General Lease, China Development Bank, Region Group and more.

Hertz Overview

About Hertz

Hertz Global Holdings Inc is engaged principally in the business of renting vehicles through Hertz, Dollar and Thrifty brands. The Company has identified two reportable segments: Americas RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in the U.S., Canada, Latin America and the Caribbean; International RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean. The Company maintain a substantial network of company-operated rental locations, a majority of which are in Europe, and have franchisees and partners that operate rental locations under brands. Geographical markets includes U.S., Europe, Pacific Asia, Middle East and Africa, Latin America.


Founded

2015

HQ

United States

Employees

26.0K

Website

hertz.com

Financials (LTM)

Revenue: $9B
EBITDA: ($151M)

EV

$21B

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Hertz Financials

Hertz reported last 12-month revenue of $9B and negative EBITDA of ($151M).

In the same LTM period, Hertz generated $2B in gross profit, ($151M) in EBITDA losses, and had net loss of ($531M).

Revenue (LTM)


Hertz P&L

In the most recent fiscal year, Hertz reported revenue of $9B and EBITDA of $3B.

Hertz expects next 12-month revenue of XXX and NTM EBITDA of XXX

See Hertz forward-looking valuation multiples
LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue$9BXXX$9BXXXXXXXXX
Gross Profit$2BXXX$971MXXXXXXXXX
Gross Margin27%XXX11%XXXXXXXXX
EBITDA($151M)XXX$3BXXXXXXXXX
EBITDA Margin(2%)XXX30%XXXXXXXXX
EBIT Margin4%XXX1%XXXXXXXXX
Net Profit($531M)XXX($659M)XXXXXXXXX
Net Margin(6%)XXX(8%)XXXXXXXXX
Net Debt——$16BXXXXXXXXX

Financial data powered by Morningstar, Inc.

Hertz Stock Performance

Hertz has current market cap of $2B, and enterprise value of $21B.

Market Cap Evolution


Hertz's stock price is $7.42.

See Hertz trading valuation data
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$21B$2B0.0%XXXXXXXXX$-2.09

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Hertz Valuation Multiples

Hertz trades at 2.5x EV/Revenue multiple, and (140.0x) EV/EBITDA.

See valuation multiples for Hertz and 15K+ public comps

EV / Revenue (LTM)


Hertz Financial Valuation Multiples

As of April 19, 2026, Hertz has market cap of $2B and EV of $21B.

Equity research analysts estimate Hertz's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

Hertz has a P/E ratio of (4.4x).

LTMNTMLast FYFY 2026FY 2027FY 2028
Market cap (current)$2BXXX$2BXXXXXXXXX
EV (current)$21BXXX$21BXXXXXXXXX
EV/Revenue2.5xXXX2.5xXXXXXXXXX
EV/EBITDA(140.0x)XXX8.4xXXXXXXXXX
EV/EBIT67.2xXXX189.5xXXXXXXXXX
EV/Gross Profit8.9xXXX21.7xXXXXXXXXX
P/E(4.4x)XXX(3.5x)XXXXXXXXX
EV/FCF43.1xXXX(53.0x)XXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified Hertz Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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Hertz Margins & Growth Rates

Hertz's revenue in the last 12 month grew by 4%.

Hertz's revenue per employee in the last FY averaged $0.3M, while opex per employee averaged $0.4M for the same period.

Hertz's rule of 40 is 7% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Hertz's rule of X is 14% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for Hertz and other 15K+ public comps

Hertz Operational Valuation Multiples

LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue Growth4%XXX4%XXXXXXXXX
EBITDA Margin(2%)XXX30%XXXXXXXXX
EBITDA Growth(373%)XXX(88%)XXXXXXXXX
Rule of 40—XXX7%XXXXXXXXX
Bessemer Rule of X—XXX14%XXXXXXXXX
Revenue per Employee—XXX$0.3MXXXXXXXXX
Opex per Employee—XXX$0.4MXXXXXXXXX
Opex to Revenue109%XXX110%XXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

Hertz Public Comps

See public comps and valuation multiples for other Leasing & Rental Services comps.

EV/RevenueEV/EBITDA
LTM2026E2027ELTM2026E2027E
HertzXXXXXXXXXXXXXXXXXX
QNB Finans LeasingXXXXXXXXXXXXXXXXXX
Fuyo General LeaseXXXXXXXXXXXXXXXXXX
China Development BankXXXXXXXXXXXXXXXXXX
Region GroupXXXXXXXXXXXXXXXXXX
McGrath RentCorpXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX

Valuation data powered by FactSet, Inc.

Hertz M&A Activity

Hertz acquired XXX companies to date.

Last acquisition by Hertz was on XXXXXXXX, XXXXX. Hertz acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

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Latest Acquisitions by Hertz

Acquired CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

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Hertz Investment Activity

Hertz invested in XXX companies to date.

Hertz made its latest investment on XXXXXXXX, XXXXX. Hertz invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).

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Latest Investments by Hertz

CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

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About Hertz

When was Hertz founded?Hertz was founded in 2015.
Where is Hertz headquartered?Hertz is headquartered in United States.
How many employees does Hertz have?As of today, Hertz has over 26K employees.
Who is the CEO of Hertz?Hertz's CEO is Wayne West.
Is Hertz publicly listed?Yes, Hertz is a public company listed on Nasdaq.
What is the stock symbol of Hertz?Hertz trades under HTZ ticker.
When did Hertz go public?Hertz went public in 2021.
Who are competitors of Hertz?Hertz main competitors are QNB Finans Leasing, Fuyo General Lease, China Development Bank, Region Group.
What is the current market cap of Hertz?Hertz's current market cap is $2B.
What is the current revenue of Hertz?Hertz's last 12 months revenue is $9B.
What is the current revenue growth of Hertz?Hertz revenue growth (NTM/LTM) is 4%.
What is the current EV/Revenue multiple of Hertz?Current revenue multiple of Hertz is 2.5x.
Is Hertz profitable?No, Hertz is not profitable.
What is the current EBITDA of Hertz?Hertz has negative EBITDA and is not profitable.
What is Hertz's EBITDA margin?Hertz's last 12 months EBITDA margin is (2%).
What is the current EV/EBITDA multiple of Hertz?Current EBITDA multiple of Hertz is (140.0x).
What is the current FCF of Hertz?Hertz's last 12 months FCF is $490M.
What is Hertz's FCF margin?Hertz's last 12 months FCF margin is 6%.
What is the current EV/FCF multiple of Hertz?Current FCF multiple of Hertz is 43.1x.

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