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Side-by-side financial comparison of HERTZ GLOBAL HOLDINGS, INC (HTZ) and PLEXUS CORP (PLXS). 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 $1.1B, roughly 1.9× PLEXUS CORP). PLEXUS CORP runs the higher net margin — 3.8% vs -9.6%, a 13.4% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (9.6% vs -0.6%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.9% 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.

Plex Systems, Inc. is an American software company based in Troy, Michigan. The company develops and markets the Plex Manufacturing Cloud, a software as a service (SaaS) or cloud computing ERP for manufacturing.

HTZ vs PLXS — Head-to-Head

Bigger by revenue
HTZ
HTZ
1.9× larger
HTZ
$2.0B
$1.1B
PLXS
Growing faster (revenue YoY)
PLXS
PLXS
+10.2% gap
PLXS
9.6%
-0.6%
HTZ
Higher net margin
PLXS
PLXS
13.4% more per $
PLXS
3.8%
-9.6%
HTZ
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.9%
-1.3%
HTZ

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HTZ
HTZ
PLXS
PLXS
Revenue
$2.0B
$1.1B
Net Profit
$-194.0M
$41.2M
Gross Margin
9.9%
Operating Margin
-11.0%
5.1%
Net Margin
-9.6%
3.8%
Revenue YoY
-0.6%
9.6%
Net Profit YoY
59.5%
-19.9%
EPS (diluted)
$-0.46
$1.51

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
PLXS
PLXS
Q1 26
$1.1B
Q4 25
$2.0B
Q3 25
$2.5B
Q2 25
$2.2B
Q1 25
$1.8B
Q4 24
$2.0B
Q3 24
$2.6B
Q2 24
$2.4B
Net Profit
HTZ
HTZ
PLXS
PLXS
Q1 26
$41.2M
Q4 25
$-194.0M
Q3 25
$184.0M
Q2 25
$-294.0M
Q1 25
$-443.0M
Q4 24
$-479.0M
Q3 24
$-1.3B
Q2 24
$-865.0M
Gross Margin
HTZ
HTZ
PLXS
PLXS
Q1 26
9.9%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
HTZ
HTZ
PLXS
PLXS
Q1 26
5.1%
Q4 25
-11.0%
Q3 25
9.4%
Q2 25
-14.5%
Q1 25
-29.0%
Q4 24
-27.6%
Q3 24
-62.9%
Q2 24
-20.1%
Net Margin
HTZ
HTZ
PLXS
PLXS
Q1 26
3.8%
Q4 25
-9.6%
Q3 25
7.4%
Q2 25
-13.5%
Q1 25
-24.4%
Q4 24
-23.5%
Q3 24
-51.7%
Q2 24
-36.8%
EPS (diluted)
HTZ
HTZ
PLXS
PLXS
Q1 26
$1.51
Q4 25
$-0.46
Q3 25
$0.42
Q2 25
$-0.95
Q1 25
$-1.44
Q4 24
$-1.57
Q3 24
$-4.34
Q2 24
$-2.82

Balance Sheet & Financial Strength

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

Metric
HTZ
HTZ
PLXS
PLXS
Cash + ST InvestmentsLiquidity on hand
$565.0M
$248.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$-459.0M
$1.5B
Total Assets
$22.3B
$3.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HTZ
HTZ
PLXS
PLXS
Q1 26
$248.8M
Q4 25
$565.0M
Q3 25
$1.1B
Q2 25
$503.0M
Q1 25
$626.0M
Q4 24
$592.0M
Q3 24
$501.0M
Q2 24
$568.0M
Stockholders' Equity
HTZ
HTZ
PLXS
PLXS
Q1 26
$1.5B
Q4 25
$-459.0M
Q3 25
$-317.0M
Q2 25
$-504.0M
Q1 25
$-262.0M
Q4 24
$153.0M
Q3 24
$681.0M
Q2 24
$2.0B
Total Assets
HTZ
HTZ
PLXS
PLXS
Q1 26
$3.2B
Q4 25
$22.3B
Q3 25
$23.0B
Q2 25
$23.1B
Q1 25
$22.0B
Q4 24
$21.8B
Q3 24
$23.0B
Q2 24
$25.2B

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
PLXS
PLXS
Operating Cash FlowLast quarter
$193.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HTZ
HTZ
PLXS
PLXS
Q1 26
Q4 25
$193.0M
Q3 25
$835.0M
Q2 25
$346.0M
Q1 25
$251.0M
Q4 24
$414.0M
Q3 24
$894.0M
Q2 24
$546.0M
Cash Conversion
HTZ
HTZ
PLXS
PLXS
Q1 26
Q4 25
Q3 25
4.54×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HTZ
HTZ

Segment breakdown not available.

PLXS
PLXS

Asia-Pacific$612.0M57%
Americas$345.0M32%
Europe, Middle East and Africa$118.0M11%

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