Hertz Global Holdings
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Hertz Global Holdings generated cash of $2,474,000,000, which is less than the previous year. Cash used in financing activities reached the amount of $1,313,000,000 last year. Net change in cash is therefore -$212,000,000.
Cash Flow
| 2014 | 3.45B | -3.18B | -159M |
|---|---|---|---|
| 2015 | 3.33B | -2.76B | -540M |
| 2016 | 2.52B | -1.99B | -183M |
| 2017 | 2.39B | -3.14B | 988M |
| 2018 | 2.55B | -4.19B | 1.56B |
| 2019 | 2.9B | -4.42B | 1.47B |
| 2020 | 953M | 4.59B | -5.37B |
| 2021 | 1.80B | -3.54B | 2.84B |
| 2022 | 2.53B | -4.23B | 487M |
| 2023 | 2.47B | -4.02B | 1.31B |
HTZWW Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.41B | 2.65B | 1.57B | 1.36B | 545M | 1.50B | 816M | 474M | 490M | 411M |
Operating activities | ||||||||||
Net income | 616M | 2.05B | 365M | -1.72B | -50M | -227M | 327M | -474M | 273M | -82M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.57B | 951M | 796M | 2.48B | 2.99B | 2.76B | 2.96B | 2.79B | 3.04B | 3.32B |
Stock-based compensation expense | 87M | 130M | 10M | 0 | 18M | 0 | 19M | 13M | 17M | 11M |
| Deferred income tax benefit | 87M | 130M | 10M | 0 | 18M | 0 | 19M | 13M | 17M | 11M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | -264M | -210M | 195M | -88M | -136M | -75M | -174M | -58M | -90M |
Inventories | 0 | 0 | 0 | -21M | -108M | 0 | -131M | -33M | -22M | -64M |
Accounts payable | -48M | 43M | -70M | 98M | 65M | 70M | 20M | 31M | -16M | 23M |
Cash generated by operating activities | 2.47B | 2.53B | 1.80B | 953M | 2.9B | 2.55B | 2.39B | 2.52B | 3.33B | 3.45B |
Investing activities | ||||||||||
Purchases Of Investments | 0 | -16M | 0 | -10.08B | 0 | -60M | 7.48B | 8.55B | 0 | 0 |
Investments In Property Plant And Equipment | -9.70B | -10.74B | -7.22B | -5.64B | -13.93B | -12.67B | -10.76B | -11.09B | -12.98B | -11.66B |
Acquisitions Net | 5.67B | -16M | 871M | 10.08B | -1M | -2M | 95M | 220M | 267M | -105M |
Cash generated by investing activities | -4.02B | -4.23B | -3.54B | 4.59B | -4.42B | -4.19B | -3.14B | -1.99B | -2.76B | -3.18B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 3.14B | 28M | 748M | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | -239M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -315M | -2.46B | -654M | 0 | 0 | 0 | 0 | -100M | -605M | 0 |
Repayments of term debt | 1.67B | 3.01B | -8M | -11.60B | 767M | -12.99B | 1.05B | -14.39B | 175M | -6.99B |
Cash used in financing activities | 1.31B | 487M | 2.84B | -5.37B | 1.47B | 1.56B | 988M | -183M | -540M | -159M |
Net Change In Cash | -212M | -1.23B | 1.07B | 218M | -50M | -94M | 256M | 342M | -4M | 79M |
Cash at end of period | 1.20B | 1.41B | 2.65B | 1.57B | 495M | 1.41B | 1.07B | 816M | 486M | 490M |
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