Hertz Global Holdings annual free cash flow
2014
2015
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2022
2023
2024
2025
Hertz Global Holdings Free Cash Flow (FCF) History (HTZ)
Hertz Global Holdings reported $1.53B in free cash flow for fiscal 2025, a decrease of 27.89% from the previous fiscal year, with a free cash flow margin of 626.23%.
View full Hertz Global Holdings company overviewHertz Global Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.53B | −$591.0M | −27.89% | +626.23% |
| 2024 | 2024-12-31 | $2.12B | −$167.0M | −7.31% | +886.61% |
| 2023 | 2023-12-31 | $2.29B | −$102.0M | −4.27% | +964.56% |
| 2022 | 2022-12-31 | $2.39B | $653.0M | +37.64% | +1038.26% |
| 2021 | 2021-12-31 | $1.74B | $880.0M | +102.92% | +1014.62% |
| 2020 | 2020-12-31 | $855.0M | −$1.82B | −68.05% | +317.84% |
| 2019 | 2019-12-31 | $2.68B | $297.0M | +12.48% | +739.23% |
| 2018 | 2018-12-31 | $2.38B | $158.0M | +7.11% | +27.03% |
| 2017 | 2017-12-31 | $2.22B | −$174.0M | −7.27% | +25.23% |
| 2016 | 2016-12-31 | $2.40B | −$131.0M | −5.19% | +27.21% |
| 2015 | 2015-12-31 | $2.53B | −$84.0M | −3.22% | +28.01% |
| 2014 | 2014-12-31 | $2.61B | — | — | +27.55% |
Hertz Global Holdings quarterly free cash flow
Q3.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | −$9.0M | −$238.0M | — | −14.52% |
| Q4 2025 | 2025-12-31 | $166.0M | −$224.0M | −57.44% | +307.41% |
| Q3 2025 | 2025-09-30 | $809.0M | −$63.0M | −7.22% | +1064.47% |
| Q2 2025 | 2025-06-30 | $324.0M | −$196.0M | −37.69% | +568.42% |
| Q1 2025 | 2025-03-31 | $229.0M | −$108.0M | −32.05% | +401.75% |
| Q4 2024 | 2024-12-31 | $390.0M | −$137.0M | −26.00% | +735.85% |
| Q3 2024 | 2024-09-30 | $872.0M | $49.0M | +5.95% | +1245.71% |
| Q2 2024 | 2024-06-30 | $520.0M | $101.0M | +24.11% | +866.67% |
| Q1 2024 | 2024-03-31 | $337.0M | −$180.0M | −34.82% | +601.79% |
| Q4 2023 | 2023-12-31 | $527.0M | $296.0M | +128.14% | +1033.33% |
| Q3 2023 | 2023-09-30 | $823.0M | −$64.0M | −7.22% | +1143.06% |
| Q2 2023 | 2023-06-30 | $419.0M | −$260.0M | −38.29% | +722.41% |
| Q1 2023 | 2023-03-31 | $517.0M | −$74.0M | −12.52% | +923.21% |
| Q4 2022 | 2022-12-31 | $231.0M | −$337.0M | −59.33% | +427.78% |
| Q3 2022 | 2022-09-30 | $887.0M | $168.0M | +23.37% | +1267.14% |
| Q2 2022 | 2022-06-30 | $679.0M | $422.0M | +164.20% | +1113.11% |
| Q1 2022 | 2022-03-31 | $591.0M | $400.0M | +209.42% | +1313.33% |
| Q4 2021 | 2021-12-31 | $568.0M | $552.0M | +3450.00% | +1494.74% |
| Q3 2021 | 2021-09-30 | $719.0M | $434.0M | +152.28% | +1261.40% |
| Q2 2021 | 2021-06-30 | $257.0M | $93.0M | +56.71% | +713.89% |
| Q1 2021 | 2021-03-31 | $191.0M | −$199.0M | −51.03% | +477.50% |
| Q4 2020 | 2020-12-31 | $16.0M | −$597.0M | −97.39% | +37.21% |
| Q3 2020 | 2020-09-30 | $285.0M | −$842.0M | −74.71% | +375.00% |
| Q2 2020 | 2020-06-30 | $164.0M | −$312.0M | −65.55% | +248.48% |
| Q1 2020 | 2020-03-31 | $390.0M | −$70.0M | −15.22% | +464.29% |
| Q4 2019 | 2019-12-31 | $613.0M | $132.0M | +27.44% | +696.59% |
| Q3 2019 | 2019-09-30 | $1.13B | $91.0M | +8.78% | +1127.00% |
| Q2 2019 | 2019-06-30 | $476.0M | −$29.0M | −5.74% | +517.39% |
| Q1 2019 | 2019-03-31 | $460.0M | $103.0M | +28.85% | +560.98% |
| Q4 2018 | 2018-12-31 | $481.0M | $132.0M | +37.82% | +23.18% |
| Q3 2018 | 2018-09-30 | $1.04B | $62.0M | +6.37% | +39.95% |
| Q2 2018 | 2018-06-30 | $505.0M | $51.0M | +11.23% | +22.68% |
| Q1 2018 | 2018-03-31 | $357.0M | −$87.0M | −19.59% | +18.73% |
| Q4 2017 | 2017-12-31 | $349.0M | −$94.0M | −21.22% | +16.69% |
| Q3 2017 | 2017-09-30 | $974.0M | −$36.0M | −3.56% | +37.87% |
| Q2 2017 | 2017-06-30 | $454.0M | −$73.0M | −13.85% | +20.41% |
| Q1 2017 | 2017-03-31 | $444.0M | $29.0M | +6.99% | +23.17% |
| Q4 2016 | 2016-12-31 | $443.0M | −$599.0M | −57.49% | +22.06% |
| Q3 2016 | 2016-09-30 | $1.01B | — | — | +39.73% |
| Q2 2016 | 2016-06-30 | $527.0M | — | — | +23.22% |
| Q1 2016 | 2016-03-31 | $415.0M | — | — | +20.93% |
| Q3 2015 | 2015-09-30 | $1.04B | — | — | +40.47% |
Hertz Global Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $855.0M to $1.53B, a compound annual growth rate of 12.31%. Hertz Global Holdings's latest reported quarter, Q1 2026, generated −$9.0M in free cash flow, a decrease of $238.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Hertz Global Holdings filings at SEC.gov ↗