Americas Rac Segment was Hertz Global Holdings’s largest segment in fiscal 2025, bringing in $20.28B of $25.51B (79%).
| Segment | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas Rac Segment | $21.84B | $23.17B | $22.19B | $20.28B | ||||||||
| U.S. Rental Car | — | — | — | — | ||||||||
| U.S. Car Rental | — | — | — | — | ||||||||
| International Rac Segment | $4.22B | $4.95B | $4.95B | $5.24B | ||||||||
| International Rental Car | — | — | — | — | ||||||||
| International Car Rental | — | — | — | — | ||||||||
| All Other Operations | — | — | — | — | ||||||||
| All Other Operations: | — | — | — | — | ||||||||
| Total | $26.06B | $28.11B | $27.15B | $25.51B |
Hertz Global Holdings brought in $25.51B from its two segments in fiscal 2025, the year ended December 31, 2025. That was down 6.0% from $27.15B in fiscal 2024. Americas Rac Segment was the largest at $20.28B (79.5%), ahead of International Rac Segment at $5.24B (20.5%).
Compared with fiscal 2024, International Rac Segment grew 5.7% to $5.24B, while Americas Rac Segment fell 8.6% to $20.28B. From fiscal 2022 to 2025, combined revenue from these segments fell from $26.06B to $25.51B, a compound annual decline of 0.7%. Americas Rac Segment's share of the total fell from 83.8% to 79.5%.
U.S was Hertz Global Holdings’s largest region in fiscal 2025, bringing in $19.27B of $25.51B (76%).
| Geography | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S | $20.96B | $22.18B | $21.18B | $19.27B | ||||||||
| U.S. Plan | — | — | — | — | ||||||||
| United States | — | — | — | — | ||||||||
| Outside United States | — | — | — | — | ||||||||
| International | $5.10B | $5.94B | $5.97B | $6.25B | ||||||||
| Total | $26.06B | $28.11B | $27.15B | $25.51B |
Hertz Global Holdings brought in $25.51B from its two regions in fiscal 2025, the year ended December 31, 2025. That was down 6.0% from $27.15B in fiscal 2024. U.S was the largest at $19.27B (75.5%), ahead of International at $6.25B (24.5%).
Compared with fiscal 2024, International grew 4.7% to $6.25B, while U.S fell 9.0% to $19.27B. From fiscal 2022 to 2025, combined revenue from these regions fell from $26.06B to $25.51B, a compound annual decline of 0.7%. U.S's share of the total fell from 80.4% to 75.5%.
Hertz Global Holdings (HTZ) reports its revenue by segment and by geography. In fiscal 2025, Americas Rac Segment was its largest segment, bringing in $20.28B (79.5% of the total), followed by International Rac Segment at $5.24B (20.5%).
Americas Rac Segment was Hertz Global Holdings' largest segment in fiscal 2025, bringing in $20.28B, or 79.5% of the $25.51B total across its two segments.
U.S was Hertz Global Holdings' largest region in fiscal 2025, bringing in $19.27B, or 75.5% of the $25.51B total across its two regions.
International Rac Segment grew faster than Americas Rac Segment in fiscal 2025, up 5.7% from $4.95B to $5.24B. Americas Rac Segment fell 8.6% to $20.28B.
Every figure comes from Hertz Global Holdings' annual financial filings, as reported. Each line keeps the name Hertz Global Holdings gives it, and years follow its fiscal calendar.
Hertz Global Holdings' revenue by segment goes back to fiscal 2014, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.