---
schema_version: "secwatch.filing_event.v1"
accession: "0001657853-25-000133"
form_type: "8-K"
ticker: "HTZ"
cik: "0001657853"
company_name: "HERTZ GLOBAL HOLDINGS, INC"
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:38:58.019020+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hertz returns to Q3 net income of $184M, record utilization 84%, DPU $273

## Summary
- Net income of $184M ($0.42 diluted EPS) vs loss of $1.33B a year ago; adjusted EPS $0.12.
- Revenue $2.48B, down 4% YoY; Adjusted Corporate EBITDA surged to $190M from -$157M.
- Vehicle utilization hit 84% (highest since 2018); depreciation per unit per month $273.
- Americas RAC EBITDA $152M (8% margin) vs -$169M; International EBITDA $100M (+59% YoY).
- Ended quarter with over $2.2B liquidity; positive adjusted free cash flow ~$250M.

## SEC filing metadata
- accession: 0001657853-25-000133
- form_type: 8-K
- ticker: HTZ
- cik: 0001657853
- company_name: HERTZ GLOBAL HOLDINGS, INC
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657853/000165785325000133/0001657853-25-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47129/000165785325000133/htz-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001657853-25-000133
- JSON: https://secwatch.observer/filing/0001657853-25-000133.json
- Plain text: https://secwatch.observer/filing/0001657853-25-000133.txt

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