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Side-by-side financial comparison of HERTZ GLOBAL HOLDINGS, INC (HTZ) and StandardAero, Inc. (SARO). 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 $1.6B, roughly 1.3× StandardAero, Inc.). StandardAero, Inc. runs the higher net margin — 4.9% vs -9.6%, a 14.5% gap on every dollar of revenue. On growth, StandardAero, Inc. posted the faster year-over-year revenue change (13.5% vs -0.6%). Over the past eight quarters, StandardAero, Inc.'s revenue compounded faster (13.8% 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.
StandardAero, Inc. is an American maintenance, repair and overhaul (MRO) provider based in Scottsdale, Arizona.
HTZ vs SARO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $1.6B |
| Net Profit | $-194.0M | $78.6M |
| Gross Margin | — | 13.8% |
| Operating Margin | -11.0% | 9.3% |
| Net Margin | -9.6% | 4.9% |
| Revenue YoY | -0.6% | 13.5% |
| Net Profit YoY | 59.5% | 659.6% |
| EPS (diluted) | $-0.46 | $0.24 |
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 | $1.6B | ||
| Q3 25 | $2.5B | $1.5B | ||
| Q2 25 | $2.2B | $1.5B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $2.0B | $1.4B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.4B | $1.3B | ||
| Q1 24 | $2.1B | $1.2B |
| Q4 25 | $-194.0M | $78.6M | ||
| Q3 25 | $184.0M | $68.1M | ||
| Q2 25 | $-294.0M | $67.7M | ||
| Q1 25 | $-443.0M | $62.9M | ||
| Q4 24 | $-479.0M | $-14.1M | ||
| Q3 24 | $-1.3B | $16.4M | ||
| Q2 24 | $-865.0M | $5.4M | ||
| Q1 24 | $-186.0M | $3.2M |
| Q4 25 | — | 13.8% | ||
| Q3 25 | — | 14.9% | ||
| Q2 25 | — | 15.4% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 14.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 13.7% | ||
| Q1 24 | — | 14.7% |
| Q4 25 | -11.0% | 9.3% | ||
| Q3 25 | 9.4% | 9.2% | ||
| Q2 25 | -14.5% | 8.9% | ||
| Q1 25 | -29.0% | 9.0% | ||
| Q4 24 | -27.6% | 6.7% | ||
| Q3 24 | -62.9% | 7.9% | ||
| Q2 24 | -20.1% | 7.8% | ||
| Q1 24 | -27.9% | 8.5% |
| Q4 25 | -9.6% | 4.9% | ||
| Q3 25 | 7.4% | 4.5% | ||
| Q2 25 | -13.5% | 4.4% | ||
| Q1 25 | -24.4% | 4.4% | ||
| Q4 24 | -23.5% | -1.0% | ||
| Q3 24 | -51.7% | 1.3% | ||
| Q2 24 | -36.8% | 0.4% | ||
| Q1 24 | -8.9% | 0.3% |
| Q4 25 | $-0.46 | $0.24 | ||
| Q3 25 | $0.42 | $0.20 | ||
| Q2 25 | $-0.95 | $0.20 | ||
| Q1 25 | $-1.44 | $0.19 | ||
| Q4 24 | $-1.57 | $-0.05 | ||
| Q3 24 | $-4.34 | $0.06 | ||
| Q2 24 | $-2.82 | $0.02 | ||
| Q1 24 | $-0.61 | $0.01 |
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 | — |
| Total DebtLower is stronger | — | $2.2B |
| Stockholders' EquityBook value | $-459.0M | $2.7B |
| Total Assets | $22.3B | $6.6B |
| Debt / EquityLower = less leverage | — | 0.83× |
8-quarter trend — quarters aligned by calendar period.
| 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 | — | ||
| Q1 24 | $465.0M | — |
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $-459.0M | $2.7B | ||
| Q3 25 | $-317.0M | $2.6B | ||
| Q2 25 | $-504.0M | $2.5B | ||
| Q1 25 | $-262.0M | $2.4B | ||
| Q4 24 | $153.0M | $2.4B | ||
| Q3 24 | $681.0M | $1.2B | ||
| Q2 24 | $2.0B | $1.2B | ||
| Q1 24 | $2.8B | $1.2B |
| Q4 25 | $22.3B | $6.6B | ||
| Q3 25 | $23.0B | $6.6B | ||
| Q2 25 | $23.1B | $6.5B | ||
| Q1 25 | $22.0B | $6.5B | ||
| Q4 24 | $21.8B | $6.2B | ||
| Q3 24 | $23.0B | $6.1B | ||
| Q2 24 | $25.2B | — | ||
| Q1 24 | $24.3B | — |
| Q4 25 | — | 0.83× | ||
| Q3 25 | — | 0.90× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 0.96× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | — | 2.94× | ||
| 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 | $323.0M |
| Free Cash FlowOCF − Capex | — | $307.3M |
| FCF MarginFCF / Revenue | — | 19.2% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | — | 4.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $234.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $193.0M | $323.0M | ||
| Q3 25 | $835.0M | $14.8M | ||
| Q2 25 | $346.0M | $2.9M | ||
| Q1 25 | $251.0M | $-24.0M | ||
| Q4 24 | $414.0M | — | ||
| Q3 24 | $894.0M | $-13.9M | ||
| Q2 24 | $546.0M | — | ||
| Q1 24 | $370.0M | $-83.6M |
| Q4 25 | — | $307.3M | ||
| Q3 25 | — | $-4.7M | ||
| Q2 25 | — | $-19.0M | ||
| Q1 25 | — | $-49.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-39.2M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-102.0M |
| Q4 25 | — | 19.2% | ||
| Q3 25 | — | -0.3% | ||
| Q2 25 | — | -1.2% | ||
| Q1 25 | — | -3.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -3.1% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -8.3% |
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.5% |
| Q4 25 | — | 4.11× | ||
| Q3 25 | 4.54× | 0.22× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | -0.38× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.84× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -26.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HTZ
Segment breakdown not available.
SARO
| Commercial Aerospace | $1.0B | 63% |
| Business Aviation | $266.2M | 17% |
| Military And Helicopter | $262.0M | 16% |
| Other | $68.1M | 4% |
