Hertz
HTZ
#3852
Rank
$2.39 B
Marketcap
$7.83
Share price
-3.21%
Change (1 day)
-48.49%
Change (1 year)

Operating Margin for Hertz (HTZ)

Operating Margin as of March 2024 (TTM): 17.10%

According to Hertz's latest financial reports and stock price the company's current Operating Margin is 17.10%. At the end of 2022 the company had an Operating Margin of 28.20%.

Operating Margin history for Hertz from 2006 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202228.20%202.87%
20219.31%-123.86%
2020-39.03%-29456.74%
20190.13%-104.92%
2018-2.70%-58.6%
2017-6.53%22.34%
2016-5.34%-264.95%
20153.24%-1654.52%
2014-0.21%-103.38%
20136.16%23.24%
20125.00%27.82%
20113.91%-2273.1%
2010-0.18%-92.53%
2009-2.41%-85.15%
2008-16.22%-464.21%
20074.45%78.86%
20062.49%-65.67%
20057.25%-3.67%
20047.53%88.09%
20034.00%4.29%
20023.84%7855.82%
20010.05%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-51.11%-398.89%๐Ÿ‡บ๐Ÿ‡ธ USA
17.10% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.