Hertz Global Holdings, Inc · NASDAQ:HTZ

Hertz Global — Q3 2022 Earnings Presentation

10 slides from Hertz Global's earnings presentation, Oct 27, 2022

  1. Slide 1: Q3 2022 Earnings Presentation

    Hertz Global Holdings, Inc. Q3 2022 Earnings Presentation October 27, 2022

  2. Slide 2: Important Disclosures

    IMPORTANT DISCLOSURES FORWARD LOOKING STATEMENTS NON-GAAP MEASURES AND KEY METRICS Certain statements made within this presentation contain The following non-GAAP measures and key metrics forward-looking statements. Forward-looking statements will be used in the presentation: are not guarantees of p

  3. Slide 3: Agenda

    AGENDA BUSINESS FINANCIAL RESULTS OVERVIEW OVERVIEW Stephen Scherr Kenny Cheung Chief Executive Officer Chief Financial Officer 3

  4. Slide 4: Business Overview

    Business Overview

  5. Slide 5: Strategic Highlights: Q3 2022 Key Business Metrics

    STRATEGIC HIGHLIGHTS Q3 2022 KEY BUSINESS METRICS ADJUSTED MONTHLY REVENUE CORPORATE ADJUSTED EPS REVENUE PER EBITDA UNIT $2.5B $618M $1.08 $1,685 ADJUSTED NET CORP. LIQUIDITY OPERATING LEVERAGE CASH FLOW 0.7x $2.6B $572M Leveraging technology, talent, brand and a strong financial position to advanc

  6. Slide 6: Progress on Strategic Initiatives

    PROGRESS ON STRATEGIC INITIATIVES Strategic Relationships & Announcements Strategic Initiatives  Acquiring up to 175,000 EVs over five years  Uber relationship expansion into Canada  Wide range of vehicle categories and price points: from compact and midsize SUVs to  ~100% Americas fleet connect

  7. Slide 7: Financial Results Overview

    Hertz Thriffy CAR RENTAL CAR RENTAL oe

  8. Slide 8: Global Financial Highlights and Key Metrics

    GLOBAL FINANCIAL HIGHLIGHTS AND KEY METRICS $ in millions, except per share data and key metrics GAAP Q3 2022 Q3 2021 YTD 2022 YTD 2021 Total revenues $2,496 $2,226 $6,650 $5,387 Net income (loss) attributable to Hertz Global* $577 $571 $1,943 $592 Diluted earnings (loss) per share $1.33 $1.13 $3.22

  9. Slide 9: Debt and Liquidity

    DEBT AND LIQUIDITY Non-vehicle Debt Maturity Profile*  Liquidity of $2.6B at September 30, 2022 • $1.0B unrestricted cash • $1.6B available under First Lien RCF  Q3 2022 cash flows • Adjusted operating cash flow of $572M $1,216 • Adjusted free cash flow of $505M; 82% conversion $1,000 $500  Net F

  10. Slide 10: Q&A

    Q&A

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