---
schema_version: "secwatch.filing_event.v1"
accession: "0001657853-24-000109"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:51:24.074677+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Hertz posts $865M GAAP net loss in Q2 2024; adjusted EPS -$1.44

## Summary
- Revenue $2.353B (-3% YoY); GAAP net loss $865M ($2.82 diluted loss per share) vs $139M profit year ago.
- Adjusted net loss $440M ($1.44 adj. diluted loss per share) vs $227M adj. profit in Q2 2023.
- Adjusted Corporate EBITDA negative $460M (-20% margin) driven by $706M increase in vehicle depreciation.
- Depreciation per unit per month (DPU) rose to $600 from $197; expects DPU to normalize in low $300s after fleet refresh by end 2025.
- Raised $1B during quarter to bolster liquidity; corporate liquidity $1.8B at June 30, 2024.

## SEC filing metadata
- accession: 0001657853-24-000109
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000165785324000109/0001657853-24-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000165785324000109/htz-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-24-000109
- JSON: https://secwatch.observer/filing/0001657853-24-000109.json
- Plain text: https://secwatch.observer/filing/0001657853-24-000109.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.