HERTZ GLOBAL HOLDINGS, INC (HTZ)
Hertz Global Holdings, Inc. operates as a leading player in the global vehicle rental industry. Its business is structured into two primary divisions: the Americas Rental Car segment and the International Rental Car segment. The company delivers its range of car rental services through a vast network of wholly-owned, licensed, and franchised locations worldwide. These services are offered under well-known brand names including Hertz, Dollar, and Thrifty, reaching customers across the United States, Canada, Latin America, the Caribbean, Europe, Africa, the Middle East, Asia, Australia, and New Zealand. Beyond its core rental offerings, Hertz also engages in vehicle sales and manages both the Firefly car rental brand and the Hertz 24/7 car-sharing service within international markets. Established in 1918, Hertz Global Holdings, Inc. is headquartered in Estero, Florida.
Sector: Services-Auto Rental & Leasing (No Drivers)
Industry: Rental & Leasing Services
Hertz Global Holdings, Inc.
NASDAQ:HTZIndustrials · Rental & Leasing Services
+6.15%$2.07
CLOSED · Nov 3Prev close$1.95+6.15%Close$2.07+0.48%AH close$2.08
AH$2.08+0.48%vs close
Mkt Cap$737.85M
Float171.81M
O/S356.45M
VOL20.14M sh
$ Vol$41.56M
RVOL0.91×
Inst Own-
SI73.7%
Dilution
Financials Summary
Revenue$8.5B
Net Income-$747M
Total Assets$22.31B
Free Cash Flow-$8.65B
Debt & Equity
Debt 102%
Total Debt$19.2B
Total Equity-$459M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in HTZ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$22.31B
Liabilities$22.77B
Accounts Receivable$1.11B
Accounts Payable$859M
Inventory$0
PP&E (Net)$15.35B
Goodwill$1.04B
Intangible Assets$2.86B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Revenue | $8.5B | $9.05B | $9.37B | $8.69B | $7.34B | $5.26B | $9.78B | $9.5B | $8.8B | $8.8B | $9.02B | $11.05B | $10.78B | $9.02B | $8.3B | $7.56B | $7.1B | $8.53B | $8.69B | $8.06B | $154.47M | $6.68B | $5.93B | $5.64B | $5.6B |
| YoY Growth | -6.0% | -3.4% | 7.9% | 18.4% | 39.5% | -46.2% | 2.9% | 8.0% | 0.0% | -2.4% | -18.4% | 2.5% | 19.4% | 8.7% | 9.7% | 6.5% | -16.7% | -1.8% | 7.8% | 5116.8% | -97.7% | 12.5% | 5.2% | 0.7% | - |
| Cost of Revenue | $7.53B | $8.77B | $7.64B | $5.65B | $4.6B | $5.63B | $8.05B | $7.78B | $7.41B | $7.2B | $7.26B | $8.99B | $8.17B | $6.94B | $6.44B | $5.99B | $5.95B | $7.12B | $6.65B | $6.23B | $146.78M | $5.2B | $3.32B | $3.09B | $3.25B |
| Gross Profit | $971M | $283M | $1.73B | $3.03B | $2.74B | -$376M | $1.73B | $1.73B | $1.39B | $1.6B | $1.75B | $2.05B | $2.61B | $2.08B | $1.85B | $1.57B | $1.15B | $1.4B | $2.04B | $1.83B | $7.68M | $1.48B | $2.62B | $2.55B | $2.35B |
| Gross Margin | 11.4% | 3.1% | 18.4% | 34.9% | 37.3% | -7.2% | 17.7% | 18.2% | 15.8% | 18.2% | 19.4% | 18.6% | 24.2% | 23.1% | 22.3% | 20.8% | 16.2% | 16.4% | 23.5% | 22.7% | 5.0% | 22.1% | 44.1% | 45.1% | 42.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $957M | $845M | $954M | $959M | $672M | $516M | $969M | $1.14B | $982M | $989M | $950M | $1.12B | $1.06B | $993.98M | $820.38M | $630.51M | $599.75M | $769.63M | $720.58M | $723.92M | $15.17M | $591.32M | $501.7M | $463.1M | $479.2M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$62.55M | -$78.2M | $0 | $0 | $0 | $0 | $0 | $0 | $1.52B | $1.5B | $0 |
| Total Operating Expenses | $957M | $845M | $954M | $959M | $672M | $516M | $969M | $1.14B | $982M | $989M | $950M | $1.12B | $1.06B | $993.98M | $882.93M | $708.71M | $599.75M | $769.63M | $720.58M | $723.92M | $15.17M | $591.32M | $2.03B | $1.96B | $479.2M |
| Operating Income (EBIT) | $14M | -$562M | $774M | $2.08B | $2.07B | -$892M | $759M | $584M | $411M | $610M | $803M | $929M | $1.55B | $1.09B | $971.24M | $865.12M | $551.63M | $631.24M | $1.32B | $1.1B | -$7.48M | $887.02M | $592.5M | $582.8M | $1.87B |
| Operating Margin | 0.2% | -6.2% | 8.3% | 23.9% | 28.2% | -17.0% | 7.8% | 6.1% | 4.7% | 6.9% | 8.9% | 8.4% | 14.4% | 12.1% | 11.7% | 11.4% | 7.8% | 7.4% | 15.2% | 13.7% | -4.8% | 13.3% | 10.0% | 10.3% | 33.4% |
| Interest Expense | $1.08B | $961M | $787M | $455M | $469M | $608M | $762M | $717M | $624M | $569M | $599M | $648M | $707M | $649.89M | $699.72M | $688.33M | $680.27M | $869.95M | $916.73M | $943.21M | $26.81M | $408.17M | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $23M | $31M | $11.6M | $4.9M | $5.5M | $12.3M | $64.5M | $24.8M | $41.3M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$844M | -$2.67B | -$488M | $374M | -$1.38B | -$1.16B | -$746M | -$841M | -$986M | -$1.08B | -$671M | -$952M | -$944M | -$637.23M | -$646.97M | -$878.72M | -$722.63M | -$2.01B | -$930.72M | -$900.66M | -$25.73M | -$384.46M | -$355M | -$366.4M | -$1.87B |
| Income Before Tax (EBT) | -$830M | -$3.24B | $286M | $2.45B | $683M | -$2.05B | $13M | -$257M | -$575M | -$470M | $132M | -$23M | $603M | $450.55M | $324.27M | -$13.59M | -$171.01M | -$1.38B | $386.82M | $200.65M | -$33.22M | $502.55M | $237.5M | $216.4M | $2.7M |
| Income Tax Expense | -$83M | -$375M | -$330M | $390M | $318M | -$329M | $63M | -$30M | -$902M | $4M | $68M | $59M | $316.9M | $207.5M | $128.5M | $17M | -$59.7M | -$200.6M | $102.57M | $67.99M | $179.09M | $133.9M | $78.9M | $72.4M | -$20.6M |
| Net Income | -$747M | -$2.86B | $616M | $2.06B | $366M | -$1.71B | -$58M | -$225M | $327M | -$491M | $273M | -$82M | $302M | $243.08M | $176.17M | -$48.04M | -$126.02M | -$1.21B | $264.56M | $115.94M | -$21.35M | $365.47M | $158.6M | -$150M | $23.3M |
| Net Income Margin | -8.8% | -31.6% | 6.6% | 23.7% | 5.0% | -32.6% | -0.6% | -2.4% | 3.7% | -5.6% | 3.0% | -0.7% | 2.8% | 2.7% | 2.1% | -0.6% | -1.8% | -14.2% | 3.0% | 1.4% | -13.8% | 5.5% | 2.7% | -2.7% | 0.4% |
| Supplementary Data | |||||||||||||||||||||||||
| EPS | -2.41 | -9.34 | 1.97 | 5.43 | -0.27 | -11.44 | -0.43 | -2.34 | 3.44 | -5.85 | 3.03 | -0.18 | 0.72 | 0.44 | 0.39 | -0.12 | -0.34 | -3.73 | 0.82 | 0.48 | -0.29 | 1.59 | 0.69 | -0.65 | 0.10 |
| Diluted EPS | -2.41 | -9.34 | 1.39 | 3.36 | -0.27 | -11.44 | -0.43 | -2.34 | 3.44 | -5.85 | 3.00 | -0.18 | 0.67 | 0.41 | 0.37 | -0.12 | -0.34 | -3.73 | 0.81 | 0.48 | -0.29 | 1.59 | 0.69 | -0.65 | 0.10 |
| Weighted Average OS | 310.00M | 306.00M | 313.00M | 379.00M | 315.00M | 150.00M | 117.00M | 95.99M | 94.85M | 95.99M | 102.85M | 103.76M | 96.45M | 95.98M | 95.05M | 94.15M | 84.89M | 73.75M | 73.41M | 55.41M | 73.28M | 52.45M | 229.50M | 229.50M | 229.50M |
| EBITDA | $2.51B | $1.85B | $3.64B | $3.85B | $1.95B | $1.04B | $3.77B | $3.22B | $3.01B | $2.9B | $3.37B | $3.78B | $4.1B | $3.43B | $3.06B | $2.68B | $2.67B | $1.92B | $3.55B | $3.16B | $45.01M | $2.55B | $2.12B | $2.08B | $1.87B |
| EBITDA Margin | 29.5% | 20.4% | 38.9% | 44.4% | 26.6% | 19.8% | 38.5% | 33.9% | 34.2% | 32.9% | 37.3% | 34.2% | 38.1% | 38.0% | 36.9% | 35.5% | 37.5% | 22.5% | 40.8% | 39.2% | 29.1% | 38.2% | 35.7% | 36.9% | 33.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 |
| Assets | |||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||
| Cash and Cash Equivalents | $1.17B | $592M | $764M | $943M | $2.26B | $1.1B | $865M | $1.13B | $1.07B | $816M | $486M | $490M | $423.2M | $533.25M | $931.78M | $2.37B | $985.64M | $594.27M | $730.2M | $674.55M | $843.91M | $0 | $0 | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.17B | $592M | $764M | $943M | $2.26B | $1.1B | $865M | $1.13B | $1.07B | $816M | $486M | $490M | $423.2M | $533.25M | $931.78M | $2.37B | $985.64M | $594.27M | $730.2M | $674.55M | $843.91M | $0 | $0 | $0 | $0 |
| Accounts Receivable | $1.11B | $1.21B | $1.19B | $974M | $758M | $777M | $1.84B | $1.59B | $1.36B | $1.28B | $1.79B | $1.6B | $1.4B | $1.88B | $1.62B | $1.36B | $1.33B | $1.91B | $1.69B | $1.66B | $1.82B | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $283M | $432M | $278M | $51M | $67M | $92.3M | $105.73M | $83.98M | $87.43M | $93.42M | $96.19M | $119M | $112.12M | $105.53M | $0 | $0 | $0 | $0 |
| Other Current Assets | $782M | $541M | $442M | $475M | $393M | $2.22B | $495M | $0 | $0 | $0 | $995M | $653M | $146M | $62.3M | $421.76M | $207.58M | $365.16M | $731.37M | $661.02M | $552.52M | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $3.06B | $2.34B | $2.4B | $2.39B | $4.4B | $4.45B | $3.86B | $3.9B | $3.56B | $2.96B | $3.81B | $3.64B | $3.61B | $3.57B | $3.36B | $4.38B | $3.07B | $3.62B | $3.52B | $3.37B | $2.77B | $0 | $0 | $0 | $0 |
| Long-Term Assets | |||||||||||||||||||||||||
| Property, Plant & Equipment Net | $15.35B | $14.67B | $17.57B | $15.02B | $2.17B | $2.34B | $2.63B | $13.2B | $12.18B | $11.68B | $14.38B | $14.97B | $15.71B | $14.34B | $11.36B | $10.1B | $10.04B | $9.95B | $11.65B | $11.17B | $10.86B | $0 | $0 | $0 | $0 |
| Goodwill | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.04B | $1.08B | $1.08B | $1.08B | $1.08B | $1.35B | $1.36B | $1.35B | $1.34B | $392.09M | $300.17M | $295.35M | $264.06M | $959.99M | $964.69M | $1.02B | $0 | $0 | $0 | $0 |
| Intangible Assets | $2.86B | $2.85B | $2.86B | $2.89B | $2.91B | $2.99B | $3.24B | $3.2B | $3.24B | $3.33B | $3.82B | $4.01B | $3.93B | $4.03B | $2.56B | $2.55B | $2.6B | $2.62B | $3.12B | $3.17B | $3.24B | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.15B | $0 | $264M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.09B | $1.22B | $2.15B | $0 | -$13.92B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $894M | $726M | $1.16B | $9.26B | $6.08B | $13.81B | -$1.09B | -$1.22B | $111M | $0 | $13.65B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$15.12B | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $19.25B | $19.46B | $22.21B | $20.11B | $15.39B | $12.45B | $20.76B | $17.48B | $16.5B | $16.2B | $19.55B | $20.34B | $20.98B | $19.72B | $14.31B | $12.95B | $12.93B | $12.83B | $15.74B | $15.31B | $15.12B | $0 | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$17K | $0 | $0 | $0 | $0 | $0 | $0 | $676.69M | $14.1B | $12.58B | $11.13B | $0 |
| Total Assets | $22.31B | $21.8B | $24.61B | $22.5B | $19.78B | $16.91B | $24.63B | $21.38B | $20.06B | $19.16B | $23.36B | $23.98B | $24.59B | $23.29B | $17.67B | $17.33B | $16B | $16.45B | $19.26B | $18.68B | $18.57B | $14.1B | $12.58B | $11.13B | $10.16B |
| Liabilities | |||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||
| Accounts Payable | $859M | $642M | $701M | $657M | $572M | $685M | $943M | $988M | $946M | $821M | $766M | $1.01B | $1.02B | $1B | $897.49M | $954.26M | $658.67M | $931.34M | $1.06B | $654.33M | $621.88M | $0 | $0 | $0 | $0 |
| Short-Term Debt | $3.31B | $1.19B | $1.38B | $998M | $0 | $0 | $0 | $0 | $0 | $0 | $3.36B | $848M | $2.86B | $2.69B | $1.75B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $158M | $157M | $170M | $0 | $0 | $0 | $136M | $160M | $165M | $172M | $134M | $140.4M | $118.61M | $125.8M | $108.94M | $108.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $136M | $160M | $165M | -$14.03B | $134M | $140.4M | $118.61M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.23B | $0 | $0 | $0 | $159M | $1.65B | $1.78B | -$1.44B | -$1.08B | -$1.15B | -$388M | -$11M | -$2.57B | -$1.93B | -$1.75B | -$9.29M | $0 | $0 | $0 | $92.47M | -$1.06B | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $5.53B | $3.16B | $3.1B | $2.74B | $1.59B | $3.35B | $3.76B | $2.57B | $2.4B | $2.31B | $4.68B | $5.2B | $5.07B | $4.98B | $2.15B | $2.12B | $1.79B | $2.2B | $2.22B | $1.72B | $621.88M | $0 | $0 | $0 | $0 |
| Long-Term Liabilities | |||||||||||||||||||||||||
| Long-Term Debt | $14.12B | $15.14B | $14.31B | $12.87B | $2.99B | $4.69B | $3.72B | $16.32B | $14.87B | $10.32B | $12.88B | $12.72B | $13.06B | $15.45B | $6.81B | $6.16B | $10.64B | $7.31B | $11.96B | $12.28B | $12.52B | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $127.99M | $92.47M | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $350M | $472M | $1.04B | $1.36B | $0 | $0 | $0 | $1.09B | $1.22B | $2.15B | $2.88B | $2.85B | $2.95B | $2.7B | $1.69B | $1.49B | $1.47B | $1.48B | $1.8B | $1.8B | $1.85B | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1B | $795M | $924M | $1.09B | $10.72B | $7.14B | $13.41B | $272M | $57M | $3.06B | $1.19B | $2.45B | $2.92B | -$2.69B | $2.65B | $5.35B | $0 | $3.95B | $215.04M | $219.74M | -$14.37B | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $17.24B | $18.48B | $18.42B | $17.12B | $15.21B | $13.46B | $18.98B | $17.69B | $16.14B | $15.77B | $16.65B | $16.32B | $16.74B | $15.79B | $13.29B | $13.08B | $12.11B | $12.77B | $14.1B | $14.39B | $14.37B | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.31B | $11.43B | $10.35B | $9.21B | $0 |
| Total Liabilities | $22.77B | $21.65B | $21.51B | $19.85B | $16.81B | $16.82B | $22.74B | $20.26B | $18.54B | $18.08B | $21.34B | $21.52B | $21.82B | $20.78B | $15.44B | $15.2B | $13.9B | $14.96B | $16.32B | $16.11B | $16.3B | $11.43B | $10.35B | $9.21B | $0 |
| Stockholders' Equity | |||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $5M | $5M | $5M | $5M | $5M | $2M | $1M | $1M | $1M | $1M | $4M | $5M | $4.5M | $4.21M | $4.17M | $4.13M | $4.1M | $3.23M | $3.22M | $3.21M | $2.29M | $0 | $0 | $0 | $0 |
| Retained Earnings | -$3.25B | -$2.5B | $360M | -$256M | -$2.31B | -$2.68B | -$967M | -$909M | -$506M | -$882M | -$391M | -$664M | -$378.8M | -$703.99M | -$947.06M | -$1.11B | -$1.06B | -$936.3M | $270.45M | $9.54M | -$21.35M | $0 | $0 | $0 | $0 |
| Comprehensive Income & Other | -$232M | -$316M | -$248M | -$294M | -$214M | -$212M | -$189M | -$192M | -$118M | -$171M | -$245M | -$115M | $7.1M | -$26.89M | -$28.41M | $37.82M | -$3.33M | -$100.14M | $170.51M | $94.53M | -$7.47M | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $2.79B | $2.65B | $2.73B | $2.9B | $5.29B | $2.73B | $2.73B | $2.03B | $2.02B | $1.96B | $2.41B | $3.12B | $3.15B | $3.21B | $3.18B | $3.22B | $3.14B | $2.4B | $2.64B | $2.52B | $2.29B | $2.67B | $2.23B | $1.92B | $1.98B |
| Total Equity | -$459M | $153M | $3.09B | $2.65B | $2.98B | $56M | $1.77B | $1.12B | $1.52B | $1.07B | $2.02B | $2.46B | $2.77B | $2.51B | $2.23B | $2.11B | $2.08B | $1.47B | $2.91B | $2.53B | $2.27B | $2.67B | $2.23B | $1.92B | $1.98B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $37M | $119M | $59M | $0 | $0 | $0 | $0 | $0 | $19K | $19K | $16.5M | $17.29M | $17.66M | $21.03M | $14.81M | $8.93M | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $22.31B | $21.8B | $24.61B | $22.5B | $19.78B | $16.87B | $24.51B | $21.38B | $20.06B | $19.16B | $23.36B | $23.98B | $24.59B | $23.29B | $17.67B | $17.32B | $15.99B | $16.43B | $19.23B | $18.65B | $18.56B | $14.1B | $12.58B | $11.13B | $1.98B |
| Supplementary Data | |||||||||||||||||||||||||
| Total Debt | $19.2B | $18.41B | $17.83B | $15.66B | $4.5B | $6.32B | $5.57B | $16.32B | $14.87B | $13.54B | $15.91B | $15.99B | $16.31B | $15.45B | $11.32B | $11.31B | $10.64B | $10.97B | $11.96B | $12.28B | $12.52B | $0 | $0 | $0 | $0 |
| Net Debt | $18.03B | $17.82B | $17.07B | $14.72B | $2.24B | $5.23B | $4.7B | $15.2B | $13.79B | $12.72B | $15.42B | $15.5B | $15.89B | $14.92B | $10.39B | $8.93B | $9.66B | $10.38B | $11.23B | $11.6B | $11.67B | $0 | $0 | $0 | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 |
| Operating Activities | |||||||||||||||||||||
| Net Income | -$747M | -$2.86B | $616M | $2.06B | $365M | -$1.72B | -$50M | -$227M | $327M | -$474M | $273M | -$82M | $346.2M | $243.08M | $195.73M | -$30.66M | -$111.34M | -$1.21B | $264.56M | $115.94M | $349.98M |
| Depreciation & Amortization | $2.27B | $4.12B | $2.57B | $951M | $796M | $2.48B | $2.99B | $2.76B | $2.96B | $2.8B | $2.63B | $3.15B | $2.79B | $2.33B | $2.04B | $2.01B | $2.16B | $2.43B | $2.24B | $2.02B | $51.41M |
| Deferred Income Tax | -$132M | -$459M | -$380M | $0 | $270M | -$353M | $27M | -$66M | -$922M | -$78M | $3M | $6M | $241.3M | $128.76M | $68.14M | -$26.12M | $111.23M | -$234.81M | $59.74M | $30.35M | -$423.7M |
| Stock-Based Compensation | $0 | -$5M | $87M | $130M | $10M | -$2M | $18M | $14M | $19M | $13M | $17M | $11M | $34.8M | $30.25M | $31.09M | $36.56M | $35.46M | $28.02M | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||
| Accounts Receivable | -$11M | $23M | -$216M | -$264M | -$210M | $195M | -$88M | -$136M | -$75M | -$174M | -$58M | -$90M | -$34.7M | -$157.73M | -$208.72M | -$60.63M | $0 | $0 | $84.54M | $229.66M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | -$21M | -$108M | $0 | -$131M | -$33M | -$22M | -$64M | -$28M | -$30.8M | $478K | -$61.89M | $5.57M | $17.96M | $709K | -$17.13M | $0 |
| Accounts Payable | $12M | -$14M | -$48M | $0 | -$70M | $98M | $65M | $70M | $20M | $31M | -$16M | $23M | $23.2M | $49.9M | -$1.14M | $118.01M | -$227.48M | $36.62M | $304.17M | -$4.71M | $0 |
| Other Working Capital | $72M | $471M | -$107M | -$56M | -$138M | -$85M | -$28M | $44M | -$4M | $30M | $102M | $191M | $46M | -$24.09M | $6.59M | -$3.06M | -$382.35M | -$395.16M | -$10.83M | $82.52M | -$304.05M |
| Total Working Capital Change | $73M | $480M | -$371M | -$320M | -$418M | $187M | -$159M | -$22M | -$190M | -$146M | $6M | $60M | $6.5M | -$162.73M | -$202.79M | -$7.57M | -$604.26M | -$340.59M | $378.59M | $290.35M | -$304.05M |
| Other Non-Cash Items | $166M | $948M | -$49M | -$282M | $783M | $360M | $70M | $93M | $198M | $418M | $398M | $304M | $169.8M | $153.56M | $103.51M | $227.82M | $186.79M | $1.42B | $107.47M | $298.81M | $1.78B |
| Net Cash from Operating | $1.63B | $2.22B | $2.47B | $2.54B | $1.81B | $953M | $2.9B | $2.56B | $2.39B | $2.53B | $3.33B | $3.45B | $3.59B | $2.72B | $2.23B | $2.21B | $1.77B | $2.1B | $3.09B | $2.61B | $1.45B |
| Investing Activities | |||||||||||||||||||||
| Capital Expenditures | -$10.28B | -$10.63B | -$9.7B | -$4.25B | -$7.22B | -$5.64B | -$13.94B | -$12.67B | -$10.77B | -$11.09B | -$12.98B | -$11.66B | -$10.61B | -$9.93B | -$9.74B | -$8.62B | -$7.63B | -$10.2B | -$11.73B | -$11.87B | -$13.11B |
| Acquisitions | $8.29B | $0 | $5.68B | $0 | $871M | $10.08B | -$1M | -$2M | $95M | $220M | $267M | -$105M | -$254M | -$1.82B | -$227.08M | -$47.57M | -$76.42M | -$70.92M | $0 | -$2.03B | $0 |
| Purchases of Investments | -$1M | $0 | $0 | $0 | $0 | -$10.08B | $0 | -$60M | $7.49B | $8.55B | $0 | $0 | $0 | $0 | $0 | $0 | -$3.49M | $0 | $0 | -$260.73M | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $74M | $0 | $36M | $13M | $138M | $448M | $0 | $0 | $0 | $0 | $0 | -$1.48B | $0 | $0 | $514K | $0 |
| Other Investing Activities | $0 | $7.7B | -$1M | $15M | $2.81B | $10.16B | $9.51B | $8.5B | $26M | $186M | $9.95B | $8.59B | $7.03B | $7B | $7.77B | $7.72B | $7.9B | $8.81B | $9.39B | $11.87B | $6.61B |
| Net Cash from Investing | -$2B | -$2.93B | -$4.02B | -$4.23B | -$3.54B | $4.59B | -$4.42B | -$4.2B | -$3.15B | -$2B | -$2.77B | -$3.18B | -$3.84B | -$4.75B | -$2.19B | -$943.57M | -$1.29B | -$1.46B | -$2.34B | -$2.29B | -$6.49B |
| Financing Activities | |||||||||||||||||||||
| Debt Repaid | -$421M | -$726M | -$1.68B | -$3.01B | -$8M | $5.25B | -$767M | -$1.57B | -$1.05B | $131M | -$204M | $846M | -$1.23B | -$1.28B | $586.8M | $318.52M | -$510.5M | $837.95M | $1.03B | -$21.23M | -$3.53B |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $1.64B | $28M | $748M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.65M | $3.21M | $531.18M | $138K | $5.6M | $1.28B | $2.29B |
| Common Stock Repurchases | $0 | $0 | -$315M | -$2.46B | -$654M | $0 | $0 | $0 | $0 | -$100M | -$605M | $0 | -$555M | $0 | -$11.46M | -$7.84M | -$2.22M | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | -$7M | $0 | $0 | -$239M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$15.05M | -$24.15M | -$13.47M | -$1.26B | -$1.19B |
| Other Financing Activities | -$49M | -$61M | -$50M | -$65M | $2.54B | -$77M | -$41M | -$8M | -$64M | $2.11B | $62M | -$69M | -$34M | -$108.5M | -$109.37M | -$88.72M | -$39.67M | -$54.47M | -$35.14M | $0 | $1.19B |
| Net Cash from Financing | $372M | $658M | $1.31B | $487M | $2.85B | -$5.37B | $1.47B | $1.56B | $988M | -$183M | -$540M | -$159M | $126.9M | $1.62B | -$1.49B | $133.75M | -$129.07M | -$695.32M | -$734.09M | -$583.87M | $5.27B |
| Forex Effect | $32M | -$26M | $25M | -$25M | -$34M | $46M | $1M | -$14M | $21M | -$8M | -$31M | -$31M | $0 | $5.74M | $3.84M | -$10.34M | $35.19M | -$76.54M | $43.86M | $87.84M | -$59.01M |
| Net Change in Cash | $34M | -$73M | -$212M | -$1.23B | $1.07B | $218M | -$50M | -$94M | $256M | $342M | -$4M | $79M | -$122.3M | -$398.52M | -$1.44B | $1.39B | $391.38M | -$135.94M | $55.65M | -$169.36M | $165.94M |
| Supplementary Data | |||||||||||||||||||||
| Operating Cash Flow | $1.63B | $2.22B | $2.47B | $2.54B | $1.81B | $953M | $2.9B | $2.56B | $2.39B | $2.53B | $3.33B | $3.45B | $3.59B | $2.72B | $2.23B | $2.21B | $1.77B | $2.1B | $3.09B | $2.61B | $1.45B |
| Capital Expenditure | -$10.28B | -$10.63B | -$9.7B | -$4.25B | -$7.22B | -$5.64B | -$13.94B | -$12.67B | -$10.77B | -$11.09B | -$12.98B | -$11.66B | -$10.61B | -$9.93B | -$9.74B | -$8.62B | -$7.63B | -$10.2B | -$11.73B | -$11.87B | -$13.11B |
| Free Cash Flow | -$8.65B | -$8.4B | -$7.23B | -$1.71B | -$5.42B | -$4.69B | -$11.04B | -$10.11B | -$8.38B | -$8.56B | -$9.65B | -$8.21B | -$7.02B | -$7.21B | -$7.5B | -$6.41B | -$5.85B | -$8.11B | -$8.64B | -$9.25B | -$11.65B |
| Cash at Beginning | $1.13B | $1.21B | $1.42B | $2.65B | $1.58B | $1.36B | $545M | $1.5B | $816M | $474M | $490M | $411M | $545.5M | $931.78M | $2.37B | $985.64M | $594.27M | $730.2M | $674.55M | $843.91M | $677.97M |
| Cash at End | $1.17B | $1.13B | $1.21B | $1.42B | $2.65B | $1.58B | $495M | $1.41B | $1.07B | $816M | $486M | $490M | $423.2M | $533.25M | $931.78M | $2.37B | $985.64M | $594.27M | $730.2M | $674.55M | $843.91M |