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Side-by-side financial comparison of HERTZ GLOBAL HOLDINGS, INC (HTZ) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.
RENAISSANCERE HOLDINGS LTD is the larger business by last-quarter revenue ($2.2B vs $2.0B, roughly 1.1× HERTZ GLOBAL HOLDINGS, INC). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs -9.6%, a 33.1% gap on every dollar of revenue. On growth, HERTZ GLOBAL HOLDINGS, INC posted the faster year-over-year revenue change (-0.6% vs -36.8%). Over the past eight quarters, HERTZ GLOBAL HOLDINGS, INC's revenue compounded faster (-1.3% CAGR vs -11.9%).
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.
RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.
HTZ vs RNR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $2.2B |
| Net Profit | $-194.0M | $515.8M |
| Gross Margin | — | — |
| Operating Margin | -11.0% | — |
| Net Margin | -9.6% | 23.5% |
| Revenue YoY | -0.6% | -36.8% |
| Net Profit YoY | 59.5% | 72.6% |
| EPS (diluted) | $-0.46 | $6.57 |
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.
| Q1 26 | — | $2.2B | ||
| Q4 25 | $2.0B | $3.0B | ||
| Q3 25 | $2.5B | $3.2B | ||
| Q2 25 | $2.2B | $3.2B | ||
| Q1 25 | $1.8B | $3.5B | ||
| Q4 24 | $2.0B | $2.3B | ||
| Q3 24 | $2.6B | $4.0B | ||
| Q2 24 | $2.4B | $2.8B |
| Q1 26 | — | $515.8M | ||
| Q4 25 | $-194.0M | $760.5M | ||
| Q3 25 | $184.0M | $916.5M | ||
| Q2 25 | $-294.0M | $835.4M | ||
| Q1 25 | $-443.0M | $170.0M | ||
| Q4 24 | $-479.0M | $-189.7M | ||
| Q3 24 | $-1.3B | $1.2B | ||
| Q2 24 | $-865.0M | $503.9M |
| Q1 26 | — | — | ||
| Q4 25 | -11.0% | 42.5% | ||
| Q3 25 | 9.4% | 46.3% | ||
| Q2 25 | -14.5% | 41.8% | ||
| Q1 25 | -29.0% | -2.0% | ||
| Q4 24 | -27.6% | -3.6% | ||
| Q3 24 | -62.9% | 43.7% | ||
| Q2 24 | -20.1% | 25.0% |
| Q1 26 | — | 23.5% | ||
| Q4 25 | -9.6% | 25.6% | ||
| Q3 25 | 7.4% | 28.7% | ||
| Q2 25 | -13.5% | 26.1% | ||
| Q1 25 | -24.4% | 4.9% | ||
| Q4 24 | -23.5% | -8.3% | ||
| Q3 24 | -51.7% | 29.8% | ||
| Q2 24 | -36.8% | 17.8% |
| Q1 26 | — | $6.57 | ||
| Q4 25 | $-0.46 | $16.16 | ||
| Q3 25 | $0.42 | $19.40 | ||
| Q2 25 | $-0.95 | $17.20 | ||
| Q1 25 | $-1.44 | $3.27 | ||
| Q4 24 | $-1.57 | $-3.76 | ||
| Q3 24 | $-4.34 | $22.62 | ||
| Q2 24 | $-2.82 | $9.41 |
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 | $1.6B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $-459.0M | $4.3B |
| Total Assets | $22.3B | $53.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.6B | ||
| Q4 25 | $565.0M | $1.7B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $503.0M | $1.4B | ||
| Q1 25 | $626.0M | $1.6B | ||
| Q4 24 | $592.0M | $1.7B | ||
| Q3 24 | $501.0M | $1.6B | ||
| Q2 24 | $568.0M | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.8B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $-459.0M | $11.6B | ||
| Q3 25 | $-317.0M | $11.5B | ||
| Q2 25 | $-504.0M | $10.8B | ||
| Q1 25 | $-262.0M | $10.3B | ||
| Q4 24 | $153.0M | $10.6B | ||
| Q3 24 | $681.0M | $11.2B | ||
| Q2 24 | $2.0B | $10.2B |
| Q1 26 | — | $53.7B | ||
| Q4 25 | $22.3B | $53.8B | ||
| Q3 25 | $23.0B | $54.5B | ||
| Q2 25 | $23.1B | $54.7B | ||
| Q1 25 | $22.0B | $53.6B | ||
| Q4 24 | $21.8B | $50.7B | ||
| Q3 24 | $23.0B | $52.8B | ||
| Q2 24 | $25.2B | $51.6B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.27× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.17× | ||
| Q2 24 | — | 0.19× |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $193.0M | $483.0M | ||
| Q3 25 | $835.0M | $1.6B | ||
| Q2 25 | $346.0M | $1.5B | ||
| Q1 25 | $251.0M | $157.8M | ||
| Q4 24 | $414.0M | $778.9M | ||
| Q3 24 | $894.0M | $1.5B | ||
| Q2 24 | $546.0M | $1.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.64× | ||
| Q3 25 | 4.54× | 1.73× | ||
| Q2 25 | — | 1.76× | ||
| Q1 25 | — | 0.93× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | 2.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
