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Side-by-side financial comparison of HERTZ GLOBAL HOLDINGS, INC (HTZ) and BeOne Medicines Ltd. (ONC). 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 $1.5B, roughly 1.4× BeOne Medicines Ltd.). BeOne Medicines Ltd. runs the higher net margin — 4.4% vs -9.6%, a 14.0% gap on every dollar of revenue. On growth, BeOne Medicines Ltd. posted the faster year-over-year revenue change (32.8% vs -0.6%). Over the past eight quarters, BeOne Medicines Ltd.'s revenue compounded faster (41.2% 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.

BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.

HTZ vs ONC — Head-to-Head

Bigger by revenue
HTZ
HTZ
1.4× larger
HTZ
$2.0B
$1.5B
ONC
Growing faster (revenue YoY)
ONC
ONC
+33.4% gap
ONC
32.8%
-0.6%
HTZ
Higher net margin
ONC
ONC
14.0% more per $
ONC
4.4%
-9.6%
HTZ
Faster 2-yr revenue CAGR
ONC
ONC
Annualised
ONC
41.2%
-1.3%
HTZ

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HTZ
HTZ
ONC
ONC
Revenue
$2.0B
$1.5B
Net Profit
$-194.0M
$66.5M
Gross Margin
90.5%
Operating Margin
-11.0%
12.4%
Net Margin
-9.6%
4.4%
Revenue YoY
-0.6%
32.8%
Net Profit YoY
59.5%
143.8%
EPS (diluted)
$-0.46
$0.05

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
ONC
ONC
Q4 25
$2.0B
$1.5B
Q3 25
$2.5B
$1.4B
Q2 25
$2.2B
$1.3B
Q1 25
$1.8B
$1.1B
Q4 24
$2.0B
$1.1B
Q3 24
$2.6B
$1.0B
Q2 24
$2.4B
$929.2M
Q1 24
$2.1B
$751.7M
Net Profit
HTZ
HTZ
ONC
ONC
Q4 25
$-194.0M
$66.5M
Q3 25
$184.0M
$124.8M
Q2 25
$-294.0M
$94.3M
Q1 25
$-443.0M
$1.3M
Q4 24
$-479.0M
$-151.9M
Q3 24
$-1.3B
$-121.3M
Q2 24
$-865.0M
$-120.4M
Q1 24
$-186.0M
$-251.2M
Gross Margin
HTZ
HTZ
ONC
ONC
Q4 25
90.5%
Q3 25
86.1%
Q2 25
87.5%
Q1 25
85.2%
Q4 24
85.8%
Q3 24
83.0%
Q2 24
85.1%
Q1 24
83.4%
Operating Margin
HTZ
HTZ
ONC
ONC
Q4 25
-11.0%
12.4%
Q3 25
9.4%
11.5%
Q2 25
-14.5%
6.7%
Q1 25
-29.0%
1.0%
Q4 24
-27.6%
-7.0%
Q3 24
-62.9%
-12.0%
Q2 24
-20.1%
-11.5%
Q1 24
-27.9%
-34.8%
Net Margin
HTZ
HTZ
ONC
ONC
Q4 25
-9.6%
4.4%
Q3 25
7.4%
8.8%
Q2 25
-13.5%
7.2%
Q1 25
-24.4%
0.1%
Q4 24
-23.5%
-13.5%
Q3 24
-51.7%
-12.1%
Q2 24
-36.8%
-13.0%
Q1 24
-8.9%
-33.4%
EPS (diluted)
HTZ
HTZ
ONC
ONC
Q4 25
$-0.46
$0.05
Q3 25
$0.42
$0.08
Q2 25
$-0.95
$0.06
Q1 25
$-1.44
$0.00
Q4 24
$-1.57
$-0.10
Q3 24
$-4.34
$-0.09
Q2 24
$-2.82
$-0.09
Q1 24
$-0.61
$-0.19

Balance Sheet & Financial Strength

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

Metric
HTZ
HTZ
ONC
ONC
Cash + ST InvestmentsLiquidity on hand
$565.0M
$4.5B
Total DebtLower is stronger
$836.4M
Stockholders' EquityBook value
$-459.0M
$4.4B
Total Assets
$22.3B
$8.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTZ
HTZ
ONC
ONC
Q4 25
$565.0M
$4.5B
Q3 25
$1.1B
$4.0B
Q2 25
$503.0M
$2.8B
Q1 25
$626.0M
$2.5B
Q4 24
$592.0M
$2.6B
Q3 24
$501.0M
$2.7B
Q2 24
$568.0M
$2.6B
Q1 24
$465.0M
$2.8B
Total Debt
HTZ
HTZ
ONC
ONC
Q4 25
$836.4M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HTZ
HTZ
ONC
ONC
Q4 25
$-459.0M
$4.4B
Q3 25
$-317.0M
$4.1B
Q2 25
$-504.0M
$3.8B
Q1 25
$-262.0M
$3.5B
Q4 24
$153.0M
$3.3B
Q3 24
$681.0M
$3.4B
Q2 24
$2.0B
$3.4B
Q1 24
$2.8B
$3.4B
Total Assets
HTZ
HTZ
ONC
ONC
Q4 25
$22.3B
$8.2B
Q3 25
$23.0B
$7.6B
Q2 25
$23.1B
$6.3B
Q1 25
$22.0B
$5.8B
Q4 24
$21.8B
$5.9B
Q3 24
$23.0B
$5.8B
Q2 24
$25.2B
$5.7B
Q1 24
$24.3B
$5.7B
Debt / Equity
HTZ
HTZ
ONC
ONC
Q4 25
0.19×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
ONC
ONC
Operating Cash FlowLast quarter
$193.0M
$417.3M
Free Cash FlowOCF − Capex
$379.8M
FCF MarginFCF / Revenue
25.4%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
6.28×
TTM Free Cash FlowTrailing 4 quarters
$941.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTZ
HTZ
ONC
ONC
Q4 25
$193.0M
$417.3M
Q3 25
$835.0M
$402.6M
Q2 25
$346.0M
$263.6M
Q1 25
$251.0M
$44.1M
Q4 24
$414.0M
$75.2M
Q3 24
$894.0M
$188.4M
Q2 24
$546.0M
$-95.6M
Q1 24
$370.0M
$-308.6M
Free Cash Flow
HTZ
HTZ
ONC
ONC
Q4 25
$379.8M
Q3 25
$354.5M
Q2 25
$219.8M
Q1 25
$-12.3M
Q4 24
$-17.3M
Q3 24
$54.7M
Q2 24
$-205.5M
Q1 24
$-465.1M
FCF Margin
HTZ
HTZ
ONC
ONC
Q4 25
25.4%
Q3 25
25.1%
Q2 25
16.7%
Q1 25
-1.1%
Q4 24
-1.5%
Q3 24
5.5%
Q2 24
-22.1%
Q1 24
-61.9%
Capex Intensity
HTZ
HTZ
ONC
ONC
Q4 25
2.5%
Q3 25
3.4%
Q2 25
3.3%
Q1 25
5.0%
Q4 24
8.2%
Q3 24
13.3%
Q2 24
11.8%
Q1 24
20.8%
Cash Conversion
HTZ
HTZ
ONC
ONC
Q4 25
6.28×
Q3 25
4.54×
3.22×
Q2 25
2.79×
Q1 25
34.71×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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