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Last $17.98 USD
Change Today +0.09 / 0.50%
Volume 5.7M
HTZ On Other Exchanges
As of 3:50 PM 09/3/15 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


mately 517,500 cars and a combined peak rental fleet in its international operations of approximately 189,000 cars, and in each case exclusive of its franchisees' fleet and Donlen's leasing fleet. Customer Service Offerings At its major airport rental locations, as well as at some smaller airport and off airport locations, customers participating in its Hertz Gold Plus Rewards program are able to rent vehicles in an expedited manner. The company offers a global car-sharing membership service, referred to as Hertz 24/7, which rents cars by the hour and/or by the day, at various locations in the U.S., Canada, Europe and Australia. Members reserve vehicles online, then pick up the vehicles at various locations throughout a city, at a university or a corporate campus without the need to visit a Hertz rental office. Customers: The company’s commercial and travel industry sales force calls on companies and other organizations whose employees and associates need to rent cars for business purposes. In addition, its sales force works with membership associations, tour operators, travel companies and other groups whose members, participants and customers rent cars for either business or leisure purposes. The company’s specialized sales force calls on companies with replacement rental needs, including insurance and leasing companies, automobile repair companies, and car dealers. Customers who rent from the company for ‘leisure’ purposes include not only individual travelers booking vacation travel rentals with the company but also people renting to meet other personal needs. Leisure rentals also include rentals by customers of U.S. and international tour operators, which are usually a part of tour packages that can include air travel and hotel accommodations. As of December 31, 2014, the company has identified approximately 193 insurance companies, ranging from local or regional carriers to large, national companies, as its target insurance replacement market. As of December 31, 2014, the company was a preferred or recognized supplier of 180 of these approximately 193 insurance companies and a co-primary at 39 of these approximately 193 insurance companies. Seasonality: The company’s car rental operations are a seasonal business, with decreased levels of business in the winter months and heightened activity during spring and summer for the majority of countries where the company generates its revenues. To accommodate increased demand, the company increases its available fleet and staff during the second and third quarters of the year. Competition: In the U.S., the company’s principal car rental industry competitors include Avis Budget Group, Inc., which operates the Avis, Budget, ZipCar and Payless brands; and Enterprise Holdings, which operates the Enterprise Rent-A-Car Company, National Car Rental and Alamo Rent A Car brands. Worldwide Equipment Rental Through HERC, the company operates the Hertz Equipment Rental brand business in the U.S., Canada, France, Spain, China and Saudi Arabia and has a branch of its entertainment services business in the United Kingdom. HERC offers earthmoving, material handling, aerial and electrical equipment, air compressors, pumps, power generators, small tools, compaction equipment, studio and production equipment, construction-related trucks and other commercial vehicles. HERC's comprehensive fleet enables it to supply equipment to customers from local contractors to large industrial plants. Ancillary to its rental business, HERC is a retailer of certain brands of new equipment in North America, and sells contractor supplies such as construction consumables, tools, small equipment and safety supplies at many of its rental locations. Hertz Entertainment Services or ‘HESC’ is a division of the company that provides single-source car and equipment rental solutions to the entertainment and special events industries by offering customized vehicle and equipment rental solutions for motion picture and television productions, as well as turn-key solutions for live sports, corporate events and festivals. Specialized equipment available to this industry includes grip and lightin


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Price/Book 3.3x
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