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Side-by-side financial comparison of HERTZ GLOBAL HOLDINGS, INC (HTZ) and KeyCorp (KEY). Click either name above to swap in a different company.
HERTZ GLOBAL HOLDINGS, INC is the larger business by last-quarter revenue ($2.0B vs $2.0B, roughly 1.0× KeyCorp). KeyCorp runs the higher net margin — 25.4% vs -9.6%, a 35.0% gap on every dollar of revenue. On growth, KeyCorp posted the faster year-over-year revenue change (131.8% vs -0.6%). Over the past eight quarters, KeyCorp's revenue compounded faster (14.4% 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.
Key is a Japanese visual novel studio known for making dramatic and plot-oriented titles. It was formed on July 21, 1998, as a brand under the publisher Visual Arts, and is located in Kita, Osaka.
HTZ vs KEY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $2.0B |
| Net Profit | $-194.0M | $510.0M |
| Gross Margin | — | — |
| Operating Margin | -11.0% | 32.3% |
| Net Margin | -9.6% | 25.4% |
| Revenue YoY | -0.6% | 131.8% |
| Net Profit YoY | 59.5% | 309.0% |
| EPS (diluted) | $-0.46 | $0.43 |
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.
| Q4 25 | $2.0B | $2.0B | ||
| Q3 25 | $2.5B | $1.9B | ||
| Q2 25 | $2.2B | $1.8B | ||
| Q1 25 | $1.8B | $1.8B | ||
| Q4 24 | $2.0B | $865.0M | ||
| Q3 24 | $2.6B | $695.0M | ||
| Q2 24 | $2.4B | $1.5B | ||
| Q1 24 | $2.1B | $1.5B |
| Q4 25 | $-194.0M | $510.0M | ||
| Q3 25 | $184.0M | $489.0M | ||
| Q2 25 | $-294.0M | $425.0M | ||
| Q1 25 | $-443.0M | $405.0M | ||
| Q4 24 | $-479.0M | $-244.0M | ||
| Q3 24 | $-1.3B | $-410.0M | ||
| Q2 24 | $-865.0M | $274.0M | ||
| Q1 24 | $-186.0M | $219.0M |
| Q4 25 | -11.0% | 32.3% | ||
| Q3 25 | 9.4% | 31.8% | ||
| Q2 25 | -14.5% | 29.3% | ||
| Q1 25 | -29.0% | 29.0% | ||
| Q4 24 | -27.6% | -92.6% | ||
| Q3 24 | -62.9% | -72.8% | ||
| Q2 24 | -20.1% | 22.0% | ||
| Q1 24 | -27.9% | 18.1% |
| Q4 25 | -9.6% | 25.4% | ||
| Q3 25 | 7.4% | 25.8% | ||
| Q2 25 | -13.5% | 23.1% | ||
| Q1 25 | -24.4% | 22.8% | ||
| Q4 24 | -23.5% | -54.7% | ||
| Q3 24 | -51.7% | -59.0% | ||
| Q2 24 | -36.8% | 18.0% | ||
| Q1 24 | -8.9% | 14.3% |
| Q4 25 | $-0.46 | $0.43 | ||
| Q3 25 | $0.42 | $0.41 | ||
| Q2 25 | $-0.95 | $0.35 | ||
| Q1 25 | $-1.44 | $0.33 | ||
| Q4 24 | $-1.57 | $-0.30 | ||
| Q3 24 | $-4.34 | $-0.47 | ||
| Q2 24 | $-2.82 | $0.25 | ||
| Q1 24 | $-0.61 | $0.20 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $565.0M | $10.2B |
| Total DebtLower is stronger | — | $9.9B |
| Stockholders' EquityBook value | $-459.0M | $20.4B |
| Total Assets | $22.3B | $184.4B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $565.0M | $10.2B | ||
| Q3 25 | $1.1B | $13.3B | ||
| Q2 25 | $503.0M | $11.6B | ||
| Q1 25 | $626.0M | $15.3B | ||
| Q4 24 | $592.0M | $17.5B | ||
| Q3 24 | $501.0M | $22.8B | ||
| Q2 24 | $568.0M | $15.5B | ||
| Q1 24 | $465.0M | $13.2B |
| Q4 25 | — | $9.9B | ||
| Q3 25 | — | $10.9B | ||
| Q2 25 | — | $12.1B | ||
| Q1 25 | — | $12.4B | ||
| Q4 24 | — | $12.1B | ||
| Q3 24 | — | $15.7B | ||
| Q2 24 | — | $16.9B | ||
| Q1 24 | — | $20.8B |
| Q4 25 | $-459.0M | $20.4B | ||
| Q3 25 | $-317.0M | $20.1B | ||
| Q2 25 | $-504.0M | $19.5B | ||
| Q1 25 | $-262.0M | $19.0B | ||
| Q4 24 | $153.0M | $18.2B | ||
| Q3 24 | $681.0M | $16.9B | ||
| Q2 24 | $2.0B | $14.8B | ||
| Q1 24 | $2.8B | $14.5B |
| Q4 25 | $22.3B | $184.4B | ||
| Q3 25 | $23.0B | $187.4B | ||
| Q2 25 | $23.1B | $185.5B | ||
| Q1 25 | $22.0B | $188.7B | ||
| Q4 24 | $21.8B | $187.2B | ||
| Q3 24 | $23.0B | $189.8B | ||
| Q2 24 | $25.2B | $187.4B | ||
| Q1 24 | $24.3B | $187.5B |
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.67× | ||
| Q3 24 | — | 0.93× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | — | 1.43× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $193.0M | $2.2B |
| Free Cash FlowOCF − Capex | — | $2.1B |
| FCF MarginFCF / Revenue | — | 104.8% |
| Capex IntensityCapex / Revenue | — | 5.3% |
| Cash ConversionOCF / Net Profit | — | 4.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $193.0M | $2.2B | ||
| Q3 25 | $835.0M | $396.0M | ||
| Q2 25 | $346.0M | $1.2B | ||
| Q1 25 | $251.0M | $-140.0M | ||
| Q4 24 | $414.0M | $664.0M | ||
| Q3 24 | $894.0M | $-1.2B | ||
| Q2 24 | $546.0M | $-217.0M | ||
| Q1 24 | $370.0M | $359.0M |
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $367.0M | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $-150.0M | ||
| Q4 24 | — | $599.0M | ||
| Q3 24 | — | $-1.2B | ||
| Q2 24 | — | $-230.0M | ||
| Q1 24 | — | $347.0M |
| Q4 25 | — | 104.8% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 65.8% | ||
| Q1 25 | — | -8.5% | ||
| Q4 24 | — | 69.2% | ||
| Q3 24 | — | -175.8% | ||
| Q2 24 | — | -15.1% | ||
| Q1 24 | — | 22.6% |
| Q4 25 | — | 5.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 1.3% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 7.5% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 0.9% | ||
| Q1 24 | — | 0.8% |
| Q4 25 | — | 4.33× | ||
| Q3 25 | 4.54× | 0.81× | ||
| Q2 25 | — | 2.90× | ||
| Q1 25 | — | -0.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.79× | ||
| Q1 24 | — | 1.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
