Hertz Global Holdings, Inc · NASDAQ:HTZ

Hertz Global — Q1 2023 Earnings Presentation

10 slides from Hertz Global's earnings presentation, Apr 27, 2023

  1. Slide 1: Hertz Global Holdings, Inc. Q1 2023 Earnings Presentation

    Hertz Global Holdings, Inc. Q1 2023 Earnings Presentation April 27, 2023

  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 Alexandra Brooks Chair and Chief Executive Officer Interim Chief Financial Officer 3

  4. Slide 4: Business Overview

    Business Overview

  5. Slide 5: Financial Highlights Q1 2023 Results

    FINANCIAL HIGHLIGHTS Q1 2023 RESULTS ADJUSTED MONTHLY REVENUE CORPORATE ADJUSTED EPS REVENUE PER EBITDA UNIT $2.0B $237M $0.39 $1,409 ADJUSTED NET CORP. LIQUIDITY OPERATING LEVERAGE CASH FLOW 1.1x $2.2B $104M Strong results reflect continued momentum in the business 5

  6. Slide 6: Strategic Initiatives

    STRATEGIC INITIATIVES Leading EV Platform Expanding Distribution Excellence in Execution  Growing EV fleet across  Revitalizing the Dollar and  Increasing dispositions multiple OEM’s Thrifty rental brands through retail and Carvana  Expanding EV offerings  Renewing longstanding  Utilizing new

  7. Slide 7: Financial Results Overview

    Hertz Thriffy CAR RENTAL CAR RENTAL oe Mancial Results Ove

  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 Q1 2023 Q1 2022 Total revenues $2,047 $1,810 Net income $196 $426 Diluted earnings per share $0.61 $0.82 Weighted-average diluted shares outstanding 323M 461M Cash flows from operating activities $5

  9. Slide 9: Debt and Liquidity

    DEBT AND LIQUIDITY Non-vehicle Debt Maturity Profile*  Liquidity of $2.2B at March 31, 2023 • $728M unrestricted cash • $1.5B available under First Lien RCF  Q1 2023 cash flows reflect fleet investment in anticipation of spring / summer peak demand • Adjusted operating cash flow of $104M • Adjuste

  10. Slide 10: Q&A

    Q&A

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