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Side-by-side financial comparison of HERTZ GLOBAL HOLDINGS, INC (HTZ) and PACS Group, Inc. (PACS). 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 $1.4B, roughly 1.5× PACS Group, Inc.). PACS Group, Inc. runs the higher net margin — 4.4% vs -9.6%, a 14.0% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs -0.6%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% 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.
HTZ vs PACS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.4B |
| Net Profit | $-194.0M | $59.7M |
| Gross Margin | — | — |
| Operating Margin | -11.0% | 7.0% |
| Net Margin | -9.6% | 4.4% |
| Revenue YoY | -0.6% | 18.4% |
| Net Profit YoY | 59.5% | 3022.5% |
| EPS (diluted) | $-0.46 | $0.42 |
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 | $1.4B | ||
| Q3 25 | $2.5B | $1.3B | ||
| Q2 25 | $2.2B | $1.3B | ||
| Q1 25 | $1.8B | $1.3B | ||
| Q4 24 | $2.0B | $1.1B | ||
| Q3 24 | $2.6B | $1.0B | ||
| Q2 24 | $2.4B | $981.4M | ||
| Q1 24 | $2.1B | $934.3M |
| Q4 25 | $-194.0M | $59.7M | ||
| Q3 25 | $184.0M | $52.4M | ||
| Q2 25 | $-294.0M | $51.0M | ||
| Q1 25 | $-443.0M | $28.5M | ||
| Q4 24 | $-479.0M | $1.9M | ||
| Q3 24 | $-1.3B | $15.6M | ||
| Q2 24 | $-865.0M | $-10.9M | ||
| Q1 24 | $-186.0M | $49.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 17.1% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.2% |
| Q4 25 | -11.0% | 7.0% | ||
| Q3 25 | 9.4% | 6.4% | ||
| Q2 25 | -14.5% | 6.2% | ||
| Q1 25 | -29.0% | 3.8% | ||
| Q4 24 | -27.6% | 1.7% | ||
| Q3 24 | -62.9% | 2.2% | ||
| Q2 24 | -20.1% | 0.1% | ||
| Q1 24 | -27.9% | 8.6% |
| Q4 25 | -9.6% | 4.4% | ||
| Q3 25 | 7.4% | 3.9% | ||
| Q2 25 | -13.5% | 3.9% | ||
| Q1 25 | -24.4% | 2.2% | ||
| Q4 24 | -23.5% | 0.2% | ||
| Q3 24 | -51.7% | 1.5% | ||
| Q2 24 | -36.8% | -1.1% | ||
| Q1 24 | -8.9% | 5.3% |
| Q4 25 | $-0.46 | $0.42 | ||
| Q3 25 | $0.42 | $0.32 | ||
| Q2 25 | $-0.95 | $0.31 | ||
| Q1 25 | $-1.44 | $0.17 | ||
| Q4 24 | $-1.57 | $-0.03 | ||
| Q3 24 | $-4.34 | $0.10 | ||
| Q2 24 | $-2.82 | $-0.07 | ||
| Q1 24 | $-0.61 | $0.38 |
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 | $197.0M |
| Total DebtLower is stronger | — | $353.2M |
| Stockholders' EquityBook value | $-459.0M | $946.8M |
| Total Assets | $22.3B | $5.6B |
| Debt / EquityLower = less leverage | — | 0.37× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $565.0M | $197.0M | ||
| Q3 25 | $1.1B | $355.7M | ||
| Q2 25 | $503.0M | $294.2M | ||
| Q1 25 | $626.0M | $287.5M | ||
| Q4 24 | $592.0M | $157.7M | ||
| Q3 24 | $501.0M | $49.5M | ||
| Q2 24 | $568.0M | $73.4M | ||
| Q1 24 | $465.0M | $81.2M |
| Q4 25 | — | $353.2M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $411.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-459.0M | $946.8M | ||
| Q3 25 | $-317.0M | $871.3M | ||
| Q2 25 | $-504.0M | $806.8M | ||
| Q1 25 | $-262.0M | $750.2M | ||
| Q4 24 | $153.0M | $709.6M | ||
| Q3 24 | $681.0M | $660.0M | ||
| Q2 24 | $2.0B | $572.1M | ||
| Q1 24 | $2.8B | $128.0M |
| Q4 25 | $22.3B | $5.6B | ||
| Q3 25 | $23.0B | $5.6B | ||
| Q2 25 | $23.1B | $5.5B | ||
| Q1 25 | $22.0B | $5.5B | ||
| Q4 24 | $21.8B | $5.2B | ||
| Q3 24 | $23.0B | $4.5B | ||
| Q2 24 | $25.2B | $3.9B | ||
| Q1 24 | $24.3B | $3.9B |
| Q4 25 | — | 0.37× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $193.0M | $-3.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | -0.06× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $193.0M | $-3.4M | ||
| Q3 25 | $835.0M | $204.8M | ||
| Q2 25 | $346.0M | $52.6M | ||
| Q1 25 | $251.0M | $150.2M | ||
| Q4 24 | $414.0M | $64.6M | ||
| Q3 24 | $894.0M | $209.2M | ||
| Q2 24 | $546.0M | $34.8M | ||
| Q1 24 | $370.0M | $58.8M |
| Q4 25 | — | -0.06× | ||
| Q3 25 | 4.54× | 3.91× | ||
| Q2 25 | — | 1.03× | ||
| Q1 25 | — | 5.28× | ||
| Q4 24 | — | 33.78× | ||
| Q3 24 | — | 13.39× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
