Turnover: 5.3 billion EUR (2020)

Country: United States

Hertz is the world's leading company in terms of sales in the short-term rental sector (second if we include the Avis Budget group). With a fleet of over one million vehicles, 93% of the company's sales are generated by passenger car and light commercial vehicle rentals, the remainder by equipment rentals.

Hertz has some 10,200 branches, including 429 in France. Mainly located in airports and train stations, its subsidiary Hertz France generated sales of 442 million euros in 2018, all activities combined (passenger car and light commercial vehicle rentals, as well as equipment and public works).

Finally, Hertz also offers long-term rental systems with FlexiRent (30-day rental renewable indefinitely) as well as a self-service vehicle rental system with Hertz 24/7.

 

may 7, 2021 - the crisis affects Hertz dangerously - source(Capital)

  • Supply is dwindling, while demand for rental cars is increasingly last-minute
  • Hertz filed for bankruptcy in spring 2020

april 28, 2021 - Hertz forced to tighten its belt - source(Ouest France)

 

  • 51% of Hertz rental cars have disappeared from the international market
  • 81 million vehicles sold to cope with crisis (25% of worldwide stock)
  • Facing a shortage of vehicles as customers begin to return

Financial Data

DUNS: 377839667

Legal Name: HERTZ FRANCE

Address: 6 AV GUSTAVE EIFFEL BATIMENT A1 IMMEUBLE DIAGONALE SUD, 78180 MONTIGNY-LE-BRETONNEUX

Number of employees: Entre 1 000 et 1 999 salariés (2020)

Capital: 105 382 786 EUR


Financial Data:

Year 2021 2020 2019 2018 2017 2016 2015
Turnover 185 824 009 215 662 325 428 805 892 422 638 752 409 315 340 406 160 660 396 232 885
Gross margin (€) 148 127 923 141 023 444 314 266 562 322 129 747 315 129 500 309 245 432 -
EBITDA (€) -29 518 772 -48 774 453 -25 485 522 -15 187 722 -7 518 645 -6 773 450 -
Operating profit (€) -32 494 314 -48 233 846 -26 686 599 -25 036 680 -10 137 587 -46 492 491 -
Net profit (€) -33 350 988 -53 667 920 -26 818 439 -26 988 635 -69 536 648 -58 303 398 -76 130 660
Turnover growth rate (%) -13,8 -49,7 1,5 3,3 0,8 2,5 -
Ebitda margin rate (%) -15,9 -22,6 -5,9 -3,6 -1,8 -1,7 -
Operating margin rate (%) -17,5 -22,4 -6,2 -5,9 -2,5 -11,4 -
Working Capital (turnover days) -135,1 -63,1 16,3 41,4 -161,8 95,6 -
Working Capital requirements (turnover days) -9,8 -15,5 -1,6 0,1 5,2 1,4 -
Net margin (%) -17,9 -24,9 -6,3 -6,4 -17 -14,4 -
Added value / Turnover (%) 10,6 6,9 17,1 21,7 23,4 23,2 -
Wages and social charges (€) 38 374 407 38 772 808 62 669 382 64 447 111 62 564 368 60 787 226 -
Salaries / Turnover (%) 20,7 18 14,6 15,2 15,3 15 -

Company Managers:

Position First Name Last Name Age Linkedin
Président Jeffrey ADAMS 52

Studies mentioning this company

The car rental market - France

Other companies mentioned:

The car rental market - Portugal

Other companies mentioned:

The car rental market - Italy

Other companies mentioned: