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Side-by-side financial comparison of HERTZ GLOBAL HOLDINGS, INC (HTZ) and Howmet Aerospace (HWM). Click either name above to swap in a different company.

Howmet Aerospace is the larger business by last-quarter revenue ($2.2B vs $2.0B, roughly 1.1× HERTZ GLOBAL HOLDINGS, INC). Howmet Aerospace runs the higher net margin — 17.2% vs -9.6%, a 26.7% gap on every dollar of revenue. On growth, Howmet Aerospace posted the faster year-over-year revenue change (14.6% vs -0.6%). Over the past eight quarters, Howmet Aerospace's revenue compounded faster (9.0% CAGR vs -1.3%).

Hertz Global Holdings, Inc., known as Hertz, is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental, and Thrifty Car Rental.

Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.

HTZ vs HWM — Head-to-Head

Bigger by revenue
HWM
HWM
1.1× larger
HWM
$2.2B
$2.0B
HTZ
Growing faster (revenue YoY)
HWM
HWM
+15.2% gap
HWM
14.6%
-0.6%
HTZ
Higher net margin
HWM
HWM
26.7% more per $
HWM
17.2%
-9.6%
HTZ
Faster 2-yr revenue CAGR
HWM
HWM
Annualised
HWM
9.0%
-1.3%
HTZ

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTZ
HTZ
HWM
HWM
Revenue
$2.0B
$2.2B
Net Profit
$-194.0M
$372.0M
Gross Margin
Operating Margin
-11.0%
22.6%
Net Margin
-9.6%
17.2%
Revenue YoY
-0.6%
14.6%
Net Profit YoY
59.5%
18.5%
EPS (diluted)
$-0.46
$0.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HTZ
HTZ
HWM
HWM
Q4 25
$2.0B
$2.2B
Q3 25
$2.5B
$2.1B
Q2 25
$2.2B
$2.1B
Q1 25
$1.8B
$1.9B
Q4 24
$2.0B
$1.9B
Q3 24
$2.6B
$1.8B
Q2 24
$2.4B
$1.9B
Q1 24
$2.1B
$1.8B
Net Profit
HTZ
HTZ
HWM
HWM
Q4 25
$-194.0M
$372.0M
Q3 25
$184.0M
$385.0M
Q2 25
$-294.0M
$407.0M
Q1 25
$-443.0M
$344.0M
Q4 24
$-479.0M
$314.0M
Q3 24
$-1.3B
$332.0M
Q2 24
$-865.0M
$266.0M
Q1 24
$-186.0M
$243.0M
Operating Margin
HTZ
HTZ
HWM
HWM
Q4 25
-11.0%
22.6%
Q3 25
9.4%
25.9%
Q2 25
-14.5%
25.4%
Q1 25
-29.0%
25.4%
Q4 24
-27.6%
23.5%
Q3 24
-62.9%
22.9%
Q2 24
-20.1%
21.2%
Q1 24
-27.9%
20.2%
Net Margin
HTZ
HTZ
HWM
HWM
Q4 25
-9.6%
17.2%
Q3 25
7.4%
18.4%
Q2 25
-13.5%
19.8%
Q1 25
-24.4%
17.7%
Q4 24
-23.5%
16.6%
Q3 24
-51.7%
18.1%
Q2 24
-36.8%
14.1%
Q1 24
-8.9%
13.3%
EPS (diluted)
HTZ
HTZ
HWM
HWM
Q4 25
$-0.46
$0.92
Q3 25
$0.42
$0.95
Q2 25
$-0.95
$1.00
Q1 25
$-1.44
$0.84
Q4 24
$-1.57
$0.76
Q3 24
$-4.34
$0.81
Q2 24
$-2.82
$0.65
Q1 24
$-0.61
$0.59

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HTZ
HTZ
HWM
HWM
Cash + ST InvestmentsLiquidity on hand
$565.0M
$742.0M
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$-459.0M
$5.4B
Total Assets
$22.3B
$11.2B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTZ
HTZ
HWM
HWM
Q4 25
$565.0M
$742.0M
Q3 25
$1.1B
$659.0M
Q2 25
$503.0M
$545.0M
Q1 25
$626.0M
$536.0M
Q4 24
$592.0M
$564.0M
Q3 24
$501.0M
$475.0M
Q2 24
$568.0M
$752.0M
Q1 24
$465.0M
$533.0M
Total Debt
HTZ
HTZ
HWM
HWM
Q4 25
$3.0B
Q3 25
$3.2B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.4B
Q2 24
$3.7B
Q1 24
$3.7B
Stockholders' Equity
HTZ
HTZ
HWM
HWM
Q4 25
$-459.0M
$5.4B
Q3 25
$-317.0M
$5.1B
Q2 25
$-504.0M
$5.0B
Q1 25
$-262.0M
$4.8B
Q4 24
$153.0M
$4.6B
Q3 24
$681.0M
$4.5B
Q2 24
$2.0B
$4.3B
Q1 24
$2.8B
$4.1B
Total Assets
HTZ
HTZ
HWM
HWM
Q4 25
$22.3B
$11.2B
Q3 25
$23.0B
$11.2B
Q2 25
$23.1B
$11.0B
Q1 25
$22.0B
$10.8B
Q4 24
$21.8B
$10.5B
Q3 24
$23.0B
$10.6B
Q2 24
$25.2B
$10.7B
Q1 24
$24.3B
$10.4B
Debt / Equity
HTZ
HTZ
HWM
HWM
Q4 25
0.57×
Q3 25
0.62×
Q2 25
0.65×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.75×
Q2 24
0.86×
Q1 24
0.90×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HTZ
HTZ
HWM
HWM
Operating Cash FlowLast quarter
$193.0M
$654.0M
Free Cash FlowOCF − Capex
$530.0M
FCF MarginFCF / Revenue
24.4%
Capex IntensityCapex / Revenue
5.7%
Cash ConversionOCF / Net Profit
1.76×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTZ
HTZ
HWM
HWM
Q4 25
$193.0M
$654.0M
Q3 25
$835.0M
$531.0M
Q2 25
$346.0M
$446.0M
Q1 25
$251.0M
$253.0M
Q4 24
$414.0M
$480.0M
Q3 24
$894.0M
$244.0M
Q2 24
$546.0M
$397.0M
Q1 24
$370.0M
$177.0M
Free Cash Flow
HTZ
HTZ
HWM
HWM
Q4 25
$530.0M
Q3 25
$423.0M
Q2 25
$344.0M
Q1 25
$134.0M
Q4 24
$378.0M
Q3 24
$162.0M
Q2 24
$342.0M
Q1 24
$95.0M
FCF Margin
HTZ
HTZ
HWM
HWM
Q4 25
24.4%
Q3 25
20.2%
Q2 25
16.8%
Q1 25
6.9%
Q4 24
20.0%
Q3 24
8.8%
Q2 24
18.2%
Q1 24
5.2%
Capex Intensity
HTZ
HTZ
HWM
HWM
Q4 25
5.7%
Q3 25
5.2%
Q2 25
5.0%
Q1 25
6.1%
Q4 24
5.4%
Q3 24
4.5%
Q2 24
2.9%
Q1 24
4.5%
Cash Conversion
HTZ
HTZ
HWM
HWM
Q4 25
1.76×
Q3 25
4.54×
1.38×
Q2 25
1.10×
Q1 25
0.74×
Q4 24
1.53×
Q3 24
0.73×
Q2 24
1.49×
Q1 24
0.73×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HTZ
HTZ

Segment breakdown not available.

HWM
HWM

Engine Products Segment$1.2B54%
Fastening Systems$454.0M21%
Forged Wheels$264.0M12%
Aerospace Defense$236.0M11%
Commercial Transportation$46.0M2%

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