Hertz Global Holdings, Inc · NASDAQ:HTZ
Hertz Global — Q2 2022 Earnings Presentation
10 slides from Hertz Global's earnings presentation, Jul 28, 2022
Slide 1: Hertz Global Holdings, Inc. Q2 2022 Earnings Presentation
Hertz Global Holdings, Inc. Q2 2022 Earnings Presentation July 28, 2022
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
Slide 3: Agenda
AGENDA BUSINESS FINANCIAL RESULTS OVERVIEW OVERVIEW Stephen Scherr Kenny Cheung Chief Executive Officer Chief Financial Officer 3
Slide 4: Business Overview
Hertz dollar. Business Overview
Slide 5: Strategic Highlights: Q2 2022 Key Business Metrics
STRATEGIC HIGHLIGHTS Q2 2022 KEY BUSINESS METRICS ADJUSTED MONTHLY REVENUE CORPORATE ADJUSTED EPS REVENUE PER EBITDA UNIT $2.3B $764M $1.22 $1,606 ADJUSTED NET CORP. LIQUIDITY OPERATING LEVERAGE CASH FLOW 0.6x $2.5B $585M Leveraging technology, talent, brand and a strong financial position to advanc
Slide 6: Progress on Strategic Initiatives
PROGRESS ON STRATEGIC INITIATIVES Expanded Customer Electric Vehicles & Fleet Digitization Channels Diversification Diversifying customer base Tesla Model 3 and Ys available Cloud-based API architecture to (leisure, corporate, ridesharing) in multiple markets across ride enable co-development
Slide 7: Financial Results Overview
solar. CAR RENTAL Financial Results Overview 9
Slide 8: Global Financial Highlights and Key Metrics
GLOBAL FINANCIAL HIGHLIGHTS AND KEY METRICS $ in millions, except per share data and key metrics GAAP Q2 2022 Q2 2021 1H 2022 1H 2021 Total revenues $2,344 $1,873 $4,154 $3,161 Net income (loss) attributable to Hertz Global $940 ($168) $1,366 $21 Diluted earnings (loss) per share $1.13 ($1.05) $1.93
Slide 9: Debt and Liquidity
DEBT AND LIQUIDITY Liquidity of $2.5B at June 30, 2022 Non-vehicle Debt Maturity Profile* • $1.0B unrestricted cash • $1.5B available under First Lien RCF • Adjusted Operating Cash Flow $585M Net Corporate Leverage of 0.6x • First Lien RCF commitments increased to $1.9B • No material non-vehicle
Slide 10: Q&A
Q&A
Hertz Global Holdings — Q2 2022 Earnings Presentation on 6ix