Hertz

Estero, United States Founded: 1918 • Age: 108 yrs Acquired By Knighthead Capital Management
Car rental services are provided to customers worldwide.
Annual revenue $9.1B Latest available
Total funding - Funding intelligence
Employees 26000 Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Hertz

Hertz is a company based in Estero (United States) founded in 1918 was acquired by Knighthead Capital Management in May 2021. It operates as a Pay-per-Use / Usage-Based. The company has 26,000 employees as of December 31, 2024. Hertz has completed 8 acquisitions, including Advantage Rent a Car, Automoti Group and Cinelease. Hertz offers products and services including Car Rental, Van Rental, and Truck Rental.

  • Headquarter Estero, United States
  • Employees 26000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Hertz Global Holdings, Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $9.05 B (USD)
    -3.44
    as on Dec 31, 2024
  • Net Profit
    -$2.86 B (USD)
    -564.61
    as on Dec 31, 2024
  • EBITDA
    $3.56 B (USD)
    6.43
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    26000

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Knighthead Capital Management

    & 1 more

    (May 12, 2021)

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IPO & Listings of Hertz

Hertz is a publicly listed company on the NASDAQ with ticker symbol HTZ in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: HTZ · Sector: Finance · USA

Products & Services of Hertz

Hertz offers a comprehensive portfolio of products and services, including Car Rental, Van Rental, and Truck Rental.

Product name locked
Category locked
Primary

Rental cars are provided for personal and business use.

Product name locked
Category locked
Locked

Vans are offered for larger group or cargo needs.

Product name locked
Category locked
Locked

Trucks are available for heavy-duty transport and moving.

People of Hertz

Headcount 10000+
Employee Profiles 530
Board Members and Advisors 10
Employee Profiles
People
Irfan Mazhari
Data Architect
People
Robert Lee
Senior Technical Project Manager
People
Laura Torres Bautista
HR Advisor
People
Maurizio Pappalardo
Senior Information Technology Analyst

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Board Members and Advisors
people
Andrew Shannahan
Director
people
Colin Farmer
Director

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Funding Insights of Hertz

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Detailed funding history for Hertz

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

Verified entity values are shown only after access is granted.

Investors in Hertz

Hertz has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include The Carlyle Group, Merrill Lynch and Knighthead Capital Management.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Locked Locked Locked
Certares is engaged in investment management for long-term value.
Locked Locked Locked
A private equity firm focused on building long-term business value.
Locked Locked Locked
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Investor details for Hertz

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Hertz

Hertz has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Advantage Rent a Car, Automoti Group and Cinelease.

Investments
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Investment portfolio details for Hertz

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Chemicals and construction materials are supplied to various projects.
Locked Locked 2015 Locked
Provides a car sharing service with supporting technology for convenient access.
Locked Locked 2002 Locked
Mechanization vehicle access systems are supplied by Automoti Group.
Locked Locked 2000 Locked
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Complete acquisition details for Hertz

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Hertz

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Detailed financials for Hertz

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Hertz Comparisons

Hertz Primary company
Description
Car rental services are provided to customers worldwide.
Location
Estero, United States
Founded Year
1918
Annual Revenue
$9.05 B (USD)
Net Profit
-$2.86 B (USD)
EBITDA
$3.56 B (USD)
Employees
26,000
As of 2024
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Peer comparison for Hertz

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  • Named peers
  • Headcount comparison
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Competitors of Hertz

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Detailed competitors of Hertz

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Hertz

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Complete news archive for Hertz

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Hertz

Hertz was founded in 1918.

Hertz is headquartered in Estero, United States. It is registered at Estero, Florida, United States.

Gil West is the current CEO of Hertz.

As of Dec 31, 2024, the latest employee count at Hertz is 26,000.

Annual revenue of Hertz is $9.05B as on Dec 31, 2024.

Hertz is recognized as a leading provider of car rental services worldwide. Vehicles including cars, vans, and trucks are offered for personal, business, and moving purposes. Operations are conducted in multiple sectors such as travel, leisure, and transportation. Solutions are tailored to meet short-term and long-term rental demands across diverse customer bases in numerous global locations.

Hertz offers Car Rental, Van Rental, and Truck Rental.

Yes, Hertz is publicly traded on NASDAQ under the ticker symbol HTZ.

Hertz has made 8 acquisitions, including Advantage Rent a Car, Automoti Group, and Cinelease.

Hertz has 5 investors. Key investors include The Carlyle Group, Merrill Lynch, Knighthead Capital Management, Certares, and CD&R.

The ticker symbol of Hertz is HTZ on NASDAQ.

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