Hertz Global Holdings (HTZ) Gross Margin (2015 - 2026)
Hertz Global Holdings' Gross Margin came in at 39.32% for Q2 2026, up 3.11 percentage points from 36.20% a year earlier and up 6.38 percentage points from the prior quarter.
Hertz Global Holdings (HTZ) Gross Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hertz Global Holdings reported Gross Margin of 36.91%, up 1.35 percentage points year-over-year; for FY2025, it came in at 35.45%, down 1.68 percentage points from FY2024.
- Gross Margin has declined in each of the last four years, though with a five-year change of +0.55 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 37.13% in FY2024 (-4.66 pp), 41.79% in FY2023 (-2.85 pp), 44.64% in FY2022 (-1.92 pp) and 46.56% in FY2021 (+11.67 pp).
- The five-year range for quarterly Gross Margin is 29.73% (Q1 2025) to 49.19% (Q3 2021).
- Year-over-year, Gross Margin has increased for three consecutive quarters, with an average year-over-year change of -0.99 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2021 (a gain of 10.63 percentage points), and the weakest in Q4 2022 (a drop of 7.96 percentage points).
- Business Quant data shows HTZ's Gross Margin at 32.93% (Q1 2026), 32.59% (Q4 2025) and 41.32% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 104.78 Bn | 102.83 Bn | 1.55 Bn | 21.98% |
| 2 | Hilton Worldwide Holdings | 81.42 Bn | 77.88 Bn | 3.08 Bn | 92.04% |
| 3 | Royal Caribbean Cruises | 77.34 Bn | 74.70 Bn | 2.29 Bn | 47.29% |
| 4 | Viking Holdings | 38.69 Bn | 23.81 Bn | 996.62 Mn | 45.50% |
| 5 | Carnival | 36.99 Bn | 30.18 Bn | - | - |
| 6 | Trip.com | 26.52 Bn | -18.48 Bn | 1.84 Bn | 79.56% |
| 7 | Intercontinental Hotels | 26.35 Bn | 22.32 Bn | - | - |
| 8 | Hyatt Hotels | 16.59 Bn | 13.75 Bn | 388.00 Mn | 21.21% |
| 9 | H World | 14.29 Bn | 5.70 Bn | 453.94 Mn | 43.23% |
| 10 | Hertz Global Holdings | 611.81 Mn | -4.63 Bn | 942.00 Mn | 39.32% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.32% |
| Mar 31, 2026 | 32.93% |
| Dec 31, 2025 | 32.59% |
| Sep 30, 2025 | 41.32% |
| Jun 30, 2025 | 36.20% |
| Mar 31, 2025 | 29.73% |
| Dec 31, 2024 | 30.74% |
| Sep 30, 2024 | 42.93% |
| Jun 30, 2024 | 38.80% |
| Mar 31, 2024 | 34.33% |
| Dec 31, 2023 | 36.45% |
| Sep 30, 2023 | 44.54% |
| Jun 30, 2023 | 44.73% |
| Mar 31, 2023 | 40.35% |
| Dec 31, 2022 | 37.40% |
| Sep 30, 2022 | 48.64% |
| Jun 30, 2022 | 48.85% |
| Mar 31, 2022 | 41.82% |
| Dec 31, 2021 | 45.36% |
| Sep 30, 2021 | 49.19% |
Hertz Global Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HTZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HTZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HTZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();