---
schema_version: "secwatch.filing_event.v1"
accession: "0001657853-24-000138"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:59:39.076710+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hertz Q3 2024 net loss $1.3B ($4.34/sh) includes $1.0B impairment; adj loss $0.68/sh

## Summary
- Revenue $2.6B, down 5% YoY; GAAP net loss $1.332B vs income $629M a year ago.
- Non-cash asset impairment charge of $1.0B due to decline in fleet residual values.
- Adjusted net loss $208M ($0.68 loss per diluted share); Adjusted Corp EBITDA -$157M.
- Vehicle depreciation $937M, DPU $537 vs $284 YoY; expects DPU to normalize under $300 by end 2025.
- Americas RAC segment Adj EBITDA -$169M; International RAC Adj EBITDA $63M, down 42%.

## SEC filing metadata
- accession: 0001657853-24-000138
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000165785324000138/0001657853-24-000138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000165785324000138/htz-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-24-000138
- JSON: https://secwatch.observer/filing/0001657853-24-000138.json
- Plain text: https://secwatch.observer/filing/0001657853-24-000138.txt

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