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Last $7.49 USD
Change Today +0.39 / 5.49%
Volume 8.1M
HTZ On Other Exchanges
New York
As of 8:04 PM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

999 Vanderbilt Beach Road

3rd Floor

Naples, FL 34108

United States

Phone: 239-552-5800


Hertz Global Holdings, Inc., through its subsidiaries, rents and leases cars and trucks in the United States and internationally. The company operates its car rental business through the Hertz, Dollar, Thrifty and Firefly brands, from approximately 10,880 corporate and franchisee locations in North America, Europe, Latin and South America, Asia, Australia, Africa, the Middle East and New Zealand. Segments The company operates in four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations. U.S. Car Rental segment This segment includes rental of cars, crossovers and light trucks, as well as ancillary products and services, in the U.S. The company maintains a substantial network of car rental locations. The company also has franchisees and associates that operate rental locations under its brands throughout the U.S. International Car Rental segment This segment includes rental of cars, crossovers and light trucks, as well as ancillary products and services, internationally. The company maintains a substantial network of company-operated car rental locations internationally, a majority of which are in Europe. The company’s franchisees and associates also operate rental locations in approximately 144 countries and jurisdictions, including various countries in which the company also has company-operated rental locations. Worldwide Equipment Rental segment This segment includes rental of industrial, construction, material handling and other equipment. Hertz Equipment Rental Corporation (HERC) is an equipment rental company in the U.S. and Canada. HERC rents a range of earthmoving, material handling, aerial and electrical equipment, air compressors, power generators, pumps, small tools, compaction equipment, construction-related trucks, and other commercial vehicles. HERC also sells new equipment and contractor supplies. Through its Hertz Entertainment Services division, the company rents studio and production equipment products used primarily in the U.S. entertainment industry. All Other Operations segment This segment comprises Donlen Corporation (Donlen) business, which provides fleet leasing and management services, and other business activities, such as its Hertz Claims Management subsidiary (HCM), which provides its claim management service. Operations Airport As of December 31, 2014, the company had approximately 1,715 airport rental locations in the U.S. and 1,395 airport rental locations internationally. The company’s international car rental operations have company-operated locations in Australia, Belgium, Brazil, Canada, the Czech Republic, France, Germany, Italy, Luxembourg, the Netherlands, New Zealand, Puerto Rico, Slovakia, Spain, the United Kingdom and the U.S. Virgin Islands. For its airport company-operated rental locations, the company has obtained concessions or similar leasing, licensing or permitting agreements or arrangements, collectively ‘concessions,’ granting the company the right to conduct a car rental business at the respective airport. The company’s concessions were obtained from the airports' operators, which are governmental bodies or authorities, following either negotiation or bidding for the right to operate a car rental business. Off Airport As of December 31, 2014, the company had approximately 3,695 off airport locations in the U.S. and 4,075 off airport rental locations internationally. The company’s off airport rental customers include people who prefer to rent cars closer to their home or place of work for business or leisure purposes, as well as those needing to travel to or from airports. The company’s off airport customers also include people who have been referred by, or whose rental costs are being wholly or partially reimbursed by, insurance companies following accidents in which their cars were damaged, those expecting to lease cars that are not yet available from their leasing companies and those needing cars while their vehicle is being repaired or is temporarily unavailable for other reasons. As of December 31, 2014, the company operated a peak rental fleet in the U.S. of approxi


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