Hertz Global Holdings, Inc.
Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments, Americas Rental Car and International Rental Car. The company provides vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-ow…
Rental & Leasing Services
US, Estero [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 1,774.00 | 2,208.00 | 2,233.00 | 2,717.00 | 3,589.00 | 3,452.00 | 3,332.00 | 2,529.00 | 2,394.00 | 2,556.00 | 2,900.00 | 953.00 | 1,806.00 | 2,538.00 | 2,474.00 | |
| Operating Cash (Net) | 1,774.00 | 2,208.00 | 2,233.00 | 2,717.00 | 3,589.00 | 3,452.00 | 3,332.00 | 2,529.00 | 2,394.00 | 2,556.00 | 2,900.00 | 953.00 | 1,806.00 | 2,538.00 | 2,474.00 | |
| Accounts Receivable | - - | -60.00 | -208.00 | -157.00 | -34.00 | -90.00 | -58.00 | -174.00 | -75.00 | -136.00 | -88.00 | 195.00 | -210.00 | -264.00 | -216.00 | |
| Accounts Payable | -227.00 | 118.00 | -1.00 | 49.00 | 23.00 | 23.00 | -16.00 | 31.00 | 20.00 | 70.00 | 65.00 | 98.00 | -70.00 | 43.00 | -48.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -604.00 | -7.00 | -202.00 | -162.00 | 6.00 | 60.00 | 6.00 | -146.00 | -190.00 | -22.00 | -159.00 | 187.00 | -418.00 | -204.00 | -371.00 | |
| Other WC | -382.00 | -3.00 | 6.00 | -24.00 | 46.00 | 191.00 | 102.00 | 30.00 | -4.00 | 44.00 | -28.00 | -85.00 | -138.00 | 17.00 | 48.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -1,289.00 | -943.00 | -2,192.00 | -4,746.00 | -3,838.00 | -3,183.00 | -2,765.00 | -1,996.00 | -3,147.00 | -4,197.00 | -4,425.00 | 4,591.00 | -3,544.00 | -4,233.00 | -4,024.00 | |
| Capital Expenditure | -7,628.00 | -8,620.00 | -9,736.00 | -9,926.00 | -10,612.00 | -11,663.00 | -12,985.00 | -11,091.00 | -10,769.00 | -12,670.00 | -13,938.00 | -5,640.00 | -7,225.00 | -10,746.00 | -9,702.00 | |
| Purchases of Investments | -3.00 | - - | - - | - - | - - | - - | - - | 8,551.00 | 7,488.00 | -60.00 | - - | -10,083.00 | - - | -16.00 | -1.00 | |
| Sale/Maturity of Investment | -1,478.00 | - - | - - | - - | - - | - - | 448.00 | 138.00 | 13.00 | 36.00 | - - | 74.00 | - - | 16.00 | 1.00 | |
| Property, Plant, Equipment (P&PE) | -7,628.00 | -8,620.00 | -9,736.00 | -9,926.00 | -10,612.00 | -11,663.00 | -12,985.00 | -11,091.00 | -10,769.00 | -12,670.00 | -13,938.00 | -5,640.00 | -7,225.00 | -10,746.00 | -9,702.00 | |
| Acquisitions (Net) | -76.00 | -47.00 | -227.00 | -1,820.00 | -254.00 | -105.00 | 267.00 | 220.00 | 95.00 | -2.00 | -1.00 | 10,083.00 | 871.00 | -16.00 | -1.00 | |
| Other Investing Activities | 7,896.00 | 7,724.00 | 7,770.00 | 6,999.00 | 7,027.00 | 8,585.00 | 9,953.00 | 186.00 | 26.00 | 8,499.00 | 9,514.00 | 10,157.00 | 2,810.00 | 6,529.00 | 5,679.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -129.00 | -133.00 | -1,486.00 | -1,624.00 | -126.00 | -159.00 | -540.00 | -183.00 | -988.00 | -1,561.00 | -1,474.00 | -5,372.00 | -2,845.00 | -487.00 | -1,313.00 | |
| Debt Repayment | -2,672.00 | -3,925.00 | -4,900.00 | -2,232.00 | -11,166.00 | -6,990.00 | -9,303.00 | -14,399.00 | -11,804.00 | -12,997.00 | -15,262.00 | -11,606.00 | -8.00 | -6,659.00 | -6,855.00 | |
| Dividends Paid | -15.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -239.00 | - - | - - | |
|
Common Stock
|
533 | 11 | 15 | - - | 554 | - - | 605 | 100 | - - | - - | - - | - - | 3,794 | 2,464 | 315 | |
| Issued | 531.00 | 3.00 | 3.00 | - - | - - | - - | - - | - - | - - | - - | 748.00 | 28.00 | 3,140.00 | 3.00 | - - | |
| Repurchased | -2.00 | -7.00 | -11.00 | - - | -554.00 | - - | -605.00 | -100.00 | - - | - - | - - | - - | -654.00 | -2,461.00 | -315.00 | |
| Other Financing Activities | 2,029.00 | 8,223.00 | 6,958.00 | 3,856.00 | 11,848.00 | 6,831.00 | 9,368.00 | 14,316.00 | 12,792.00 | 14,558.00 | 15,988.00 | 6,206.00 | 3,730.00 | 9,607.00 | 8,483.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 594.00 | 985.00 | 2,374.00 | 931.00 | 545.00 | 411.00 | 490.00 | 474.00 | 816.00 | 1,504.00 | 545.00 | 1,360.00 | 1,578.00 | 2,651.00 | 1,418.00 | |
| End of Period | 985.00 | 2,374.00 | 931.00 | 533.00 | 423.00 | 490.00 | 486.00 | 816.00 | 1,072.00 | 1,410.00 | 495.00 | 1,578.00 | 2,651.00 | 1,418.00 | 1,206.00 | |
| Change | 391.00 | 1,388.00 | -1,442.00 | -398.00 | -122.00 | 79.00 | -4.00 | 342.00 | 256.00 | -94.00 | -50.00 | 218.00 | 1,073.00 | -1,233.00 | -212.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 2,157.00 | 2,008.00 | 2,037.00 | 2,325.00 | 2,771.00 | 3,320.00 | 3,042.00 | 2,796.00 | 2,962.00 | 2,764.00 | 2,994.00 | 2,484.00 | 796.00 | 951.00 | 2,571.00 | |
| Stock Based Compensation | 35.00 | 36.00 | 31.00 | 30.00 | 34.00 | 11.00 | 17.00 | 13.00 | 19.00 | - - | 18.00 | - - | 10.00 | 130.00 | 87.00 | |
| Other | 186.00 | 227.00 | 103.00 | 153.00 | 189.00 | 137.00 | -9.00 | 418.00 | 198.00 | 93.00 | 70.00 | 360.00 | 783.00 | -699.00 | -49.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | -5,853.00 | -6,411.00 | -7,502.00 | -7,208.00 | -7,022.00 | -8,211.00 | -9,653.00 | -8,562.00 | -8,375.00 | -10,114.00 | -11,038.00 | -4,687.00 | -5,419.00 | -8,208.00 | -7,228.00 | |
| Cash Conversion Cycle (CCC) | 17.00 | -7.00 | 6.00 | 29.00 | 12.00 | 16.00 | -561.00 | 26.00 | 32.00 | 28.00 | 48.00 | 170.00 | 23.00 | 29.00 | - - | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | 35.00 | -10.00 | 3.00 | 5.00 | - - | -31.00 | -31.00 | -8.00 | 21.00 | -14.00 | 1.00 | 46.00 | -34.00 | -25.00 | 25.00 |