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Insufficient data to determine institutional momentum.
Data as of Q3 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
No trend data available for this metric.
Ranked against 4 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-09-30.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UHAL | $11.1B | — | 11.2× | 1.8× | 3.6% | 95.9% | 1.4% | 1.1% | 0.5% | 4.3× | 50 |
| R | $10.7B | 23.5× | 6.3× | 0.8× | 0.2% | — | 3.9% | 16.3% | 4.7% | 2.6× | 141 |
| DRVN | $2.0B | 14.2× | 12.9× | 1.1× | 6.3% | — | 7.5% | 18.3% | 4.8% | 6.6× | 27 |
| HTZ | $692M | — | — | 0.1× | -6.0% | — | -8.8% | 163% | 163% | — | 30 |
| MNRO | $385M | 410.0× | 9.1× | 0.3× | -3.2% | 35.0% | 0.2% | 0.4% | 0.3% | 1.6× | 21 |
Peers = companies sharing HTZ's sector (Services-Auto Rental & Leasing (No Drivers)) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: 163%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $565.0M is below the $3.19B due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~1.1% on $6.27B of debt. Interest last disclosed in FY2020 (no longer broken out).
Cash vs short-term debt unavailable.
Short-term / long-term split not separately reported.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $0 buybacks = $0 returned on $1.53B FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
A reverse discounted cash flow is not shown for a company with no positive EBITDA.
No positive EBITDA in the recent record, so there is no return on capital to compare against its cost. Equity is negative, so debt/equity and ROE invert their signs and read as the opposite of what they mean.
Classified from the filings: EBITDA negative in each of the last 2 years.
EOD close · as of 2026-10-30
How a revenue dollar becomes profit — FY2025
Dividends and buybacks are cash paid out, shown here against the same year's profit for scale — not funded from it.
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.50B 100.0% | $9.05B 100.0% | $9.37B 100.0% | $8.69B 100.0% | $7.34B 100.0% | $5.26B 100.0% | $9.78B 100.0% | $9.50B 100.0% | $8.80B 100.0% | $8.80B 100.0% |
| Selling, General & Admin | $957.0M 11.3% | $819.0M 9.1% | $962.0M 10.3% | $959.0M 11.0% | $688.0M 9.4% | $645.0M 12.3% | $949.0M 9.7% | $1.02B 10.7% | $880.0M 10.0% | $899.0M 10.2% |
| Total Operating Expenses | $9.33B 109.8% | $12.29B 135.8% | $9.09B 96.9% | $6.24B 71.8% | $6.65B 90.7% | $7.31B 139.0% | — | — | — | — |
| Interest Expense | — | — | $0 0.0% | $0 0.0% | — | $70.0M 1.3% | — | — | — | — |
| Other Income (Expense), net | $3.0M 0.0% | -$4.0M -0.0% | -$12.0M -0.1% | -$2.0M -0.0% | $21.0M 0.3% | $9.0M 0.2% | $59.0M 0.6% | $40.0M 0.4% | -$19.0M -0.2% | $75.0M 0.9% |
| Pretax Income | -$830.0M -9.8% | -$3.24B -35.8% | $286.0M 3.1% | $2.45B 28.2% | $683.0M 9.3% | -$2.05B -39.0% | $13.0M 0.1% | -$257.0M -2.7% | -$575.0M -6.5% | -$470.0M -5.3% |
| Income Tax Expense | -$83.0M -1.0% | -$375.0M -4.1% | -$330.0M -3.5% | $390.0M 4.5% | $318.0M 4.3% | -$329.0M -6.3% | $63.0M 0.6% | -$30.0M -0.3% | -$902.0M -10.2% | $4.0M 0.0% |
| Net Income | -$747.0M -8.8% | -$2.86B -31.6% | $616.0M 6.6% | $2.06B 23.7% | $365.0M 5.0% | -$1.71B -32.6% | -$58.0M -0.6% | -$225.0M -2.4% | $327.0M 3.7% | -$491.0M -5.6% |
| Per Share | ||||||||||
| EPS (Basic) | -$2.41 | -$9.34 | $1.97 | $5.43 | -$0.27 | -$11.44 | -$0.49 | -$2.35 | $3.44 | -$5.85 |
| EPS (Diluted) | -$2.43 | -$9.34 | $1.39 | $3.36 | -$0.27 | -$11.44 | -$0.49 | -$2.35 | $3.44 | -$5.85 |
| Weighted Avg Shares (Basic) | 310.0M | 306.0M | 313.0M | 379.0M | 315.0M | 150.0M | 117.0M | 96.0M | 95.0M | 84.0M |
| Weighted Avg Shares (Diluted) | 322.0M | 306.0M | 326.0M | 403.0M | 315.0M | 150.0M | 117.0M | 96.0M | 95.0M | 84.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Last reported position per insider, carried forward. Steps can be a holding disclosed for the first time rather than a trade.
| Date | Insider | What it was | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-01 | Kosman Mark SVP, Chief Accounting Officer | Tax withholding | 15,205 | $1.73 | $26k |
| 2026-10-01 | Berg Christopher G. EVP, Chief Admin. Officer | Grant | 578,035 | $0.00 | $0 |
| 2026-10-01 | Moore Michael S. EVP, Chief Operating Officer | Tax withholding | 19,375 | $1.73 | $34k |
| 2026-09-30 | Vougessis Evangeline Director | Grant | 7,486 | $1.67 | $13k |
| 2026-09-30 |
Every row is classified by what it MEANT, not by its SEC code. A code is not a meaning: code P (“purchase”) also covers dividend reinvestment and employee stock purchase plans, and code S (“sale”) also covers 10b5-1 plan sales scheduled months earlier and option exercises sold the same day.
Across 30 days of all filings, $5.08bn of insider selling contained $3.50bn of plan sales and $0.46bn of exercise-and-sell. Only 29% was discretionary. Reading an unclassified feed badly overstates how much insiders decided.
Buys and sales are counted separately and never netted. They are different decisions by different people; a company where one officer bought while another sold is not “neutral”.
The holding line carries each insider's last reported position forward, so it shows the total held rather than a sawtooth of whoever traded that day. It covers only insiders who filed in the window.
“Filed late” counts calendar days past the two-business-day deadline with five days' grace, so a Thursday or Friday trade crossing a weekend is never flagged. It describes the company's filing discipline, not the trade.
Insider activity is descriptive. Nothing here is investment advice.
Blake Francis S Director |
| Grant |
| 7,486 |
| $1.67 |
| $13k |
| 2026-07-22 | Dube Sandeep EVP, Chief Commercial Officer | Tax withholding | 166,545 | $1.93 | $321k |
| 2026-06-30 | Vougessis Evangeline Director | Grant | 5,519 | $2.27 | $13k |
| 2026-06-30 | Blake Francis S Director | Grant | 5,519 | $2.27 | $13k |
| 2026-06-17 | Haralson Scott EVP, Chief Financial Officer | Tax withholding | 149,961 | $4.83 | $724k |
| 2026-06-14 | Moore Michael S. EVP, Chief Operating Officer | Tax withholding | 140,822 | $5.13 | $722k |
| 2026-05-28 | Vougessis Evangeline Director | Grant | 31,877 | $0.00 | $0 |
| 2026-05-28 | Clark Dougherty Lucy Director | Grant | 31,877 | $0.00 | $0 |
| 2026-05-28 | Intrieri Vincent J Director | Grant | 31,877 | $0.00 | $0 |
| 2026-05-28 | Blake Francis S Director | Grant | 31,877 | $0.00 | $0 |
| 2026-05-11 | Moore Michael S. EVP, Chief Operating Officer | Open-market sale | 40,919 | $6.07 | $248k |
| 2026-04-01 | West W Gilbert CEO | Tax withholding | 250,577 | $5.18 | $1.3m |
| 2026-03-31 | Vougessis Evangeline Director | Grant | 2,712 | $4.61 | $13k |
| 2026-03-31 | Blake Francis S Director | Grant | 2,712 | $4.61 | $13k |
| 2026-03-03 | 2 co-filers EVP, Chief Admin. Officer | Tax withholding | 18,375 | $4.34 | $80k |
| 2026-03-03 | 2 co-filers SVP, Chief Accounting Officer | Tax withholding | 1,547 | $4.34 | $7k |
| 2026-03-03 | 2 co-filers EVP, CHRO | Tax withholding | 1,626 | $4.34 | $7k |
| 2026-03-03 | 2 co-filers EVP, Chief Financial Officer | Tax withholding | 28,190 | $4.34 | $122k |
| 2026-03-03 | 2 co-filers EVP, CLO & Corp Secretary | Tax withholding | 2,646 | $4.34 | $11k |
| 2026-03-02 | 2 co-filers EVP, Chief Admin. Officer | Grant | 173,211 | $0.00 | $0 |
| 2026-03-02 | Dube Sandeep EVP, Chief Commercial Officer | Grant | 288,684 | $0.00 | $0 |
| 2026-03-02 | 2 co-filers SVP, Chief Accounting Officer | Grant | 57,737 | $0.00 | $0 |
| 2026-03-02 | 2 co-filers EVP, CHRO | Grant | 115,474 | $0.00 | $0 |
| 2026-03-02 | 2 co-filers EVP, Chief Financial Officer | Grant | 288,684 | $0.00 | $0 |
| 2026-03-02 | West W Gilbert CEO | Grant | 923,788 | $0.00 | $0 |
| 2026-03-02 | 2 co-filers EVP, CLO & Corp Secretary | Grant | 173,211 | $0.00 | $0 |
| 2026-01-02 | 2 co-filers EVP, CHRO | Grant | 287,357 | $0.00 | $0 |
| 2026-01-02 | Berg Christopher G. EVP, Chief Admin. Officer | Tax withholding | 41,190 | $5.22 | $215k |
| 2026-01-02 | 2 co-filers EVP, CLO & Corp Secretary | Grant | 335,250 | $0.00 | $0 |
| 2026-01-02 | 2 co-filers EVP, CLO & Corp Secretary | Grant | 25,981 | $0.00 | $0 |
| 2026-01-02 | 2 co-filers EVP, CHRO | Grant | 13,647 | $0.00 | $0 |
| 2025-12-31 | Blake Francis S Director | Grant | 2,432 | $5.14 | $13k |
| 2025-12-31 | Vougessis Evangeline Director | Grant | 2,432 | $5.14 | $13k |
EOD close · as of 2026-10-30
Where each multiple sits in its own 5-yr range · 0th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 5-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
ROE 163% against ROIC 163% — 0% of the return on equity comes from leverage and buybacks rather than from the operating business.
What the company owes vs. what it holds
This shows debt/cash structure and net leverage. The year-by-year maturity schedule is on the Debt & Leverage tab.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 12.3× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| SG&A | 10.7 | 9.7 | 12.3 | 9.4 | 11.0 | 10.3 | 9.1 | 11.3 |
| Income Tax | -0.3 | 0.6 | -6.3 | 4.3 | 4.5 | -3.5 | -4.1 | -1.0 |
| Net Income | -2.4 | -0.6 | -32.6 | 5.0 | 23.7 | 6.6 | -31.6 | -8.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on HTZ: price, valuation and headline fundamentals from SEC filings. The four questions at the top of the page are where the judgements live.
Cost of capital cannot be computed, so the spread is unknown.
| Fiscal year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| FY2016 | not reported | -6.2% | -5.6% |
| FY2017 | not reported | -6.3% | 3.7% |
| FY2018 | not reported | -3.1% | -2.4% |
| FY2019 | not reported | -0.5% | -0.6% |
| FY2020 | not reported | -39.2% | -32.6% |
| FY2021 | not reported | 9.0% | 5.0% |
| FY2022 | not reported | 28.2% | 23.7% |
| FY2023 | not reported | 3.2% | 6.6% |
| FY2024 | not reported | -35.7% | -31.6% |
| FY2025 | not reported | -9.8% | -8.8% |
No material counter-signal in the checked set: ROIC vs WACC spread, 5-year spread history, gross margin trend, operating margin trend, net margin against 3 years ago, revenue growth, ROIC ex-goodwill gap.
Missing from our data, so excluded from this answer: wacc.
Converts 3.20x of reported profit into free cash flow over 3 years, with accruals negative.
Shares outstanding are up 119% since FY2019 — per-share cash flow has grown more slowly than the totals above, and the gap is the owners'.
No debt, so there is no leverage path to distress.
Ladder as of 2025-12-31 (10-K); cash from the 2025-12-31 balance sheet; FCF from FY2025.
Balance sheet at 2025-12-31. Undrawn revolving credit is not shown: the tag is collected but not yet mapped through to the API.
No material counter-signal in the checked set: net debt / EBITDA, interest coverage, stressed coverage, maturity schedule vs cash and one year of FCF, liquidity ratios.
No growth rate within the range this model can express reaches the current price, so the requirement cannot be stated as a number.
The percentile ranks the FISCAL-YEAR point, because the distribution behind each strip is built from fiscal-year closes — ranking a TTM figure inside it would compare two different bases. TTM basis: TTM.
No material counter-signal in the checked set: reverse-DCF implied growth, historical FCF CAGR, per-year FCF growth distribution, reporting-basis breaks, discount rate used, free-cash-flow basis (stock comp charged?).
Missing from our data, so excluded from this answer: implied_growth.
| Step | Amount | Running total |
|---|---|---|
| Net income | −$747M | −$747M |
| Share-based comp | $63M | −$684M |
| Other non-cash & working capital | $2.31B | $1.63B |
| Operating cash flow | $1.63B | $1.63B |
| Capex | −$97M | $1.53B |
| Free cash flow | $1.53B | $1.53B |
| FCF after SBC | $1.47B | $1.47B |
| Fiscal year | Revenue growth | Receivables growth | Gap |
|---|---|---|---|
| FY2020 | -46.2% | -57.8% | -11.5 points |
| FY2021 | 39.5% | -2.5% | -42.0 points |
| FY2022 | 18.4% | 28.5% | 10.1 points |
| FY2023 | 7.9% | 22.3% | 14.4 points |
| FY2024 | -3.4% | 1.2% | 4.6 points |
| FY2025 | -6.0% | -7.9% | -1.9 points |
| Fiscal year | DSO | DIO | DPO | Cash conversion cycle |
|---|---|---|---|---|
| FY2019 | 68.7 days | not reported | not reported | not reported |
| FY2020 | 53.9 days | not reported | not reported | not reported |
| FY2021 | 37.7 days | not reported | not reported | not reported |
| FY2022 | 40.9 days | not reported | not reported | not reported |
| FY2023 | 46.4 days | not reported | not reported | not reported |
| FY2024 | 48.6 days | not reported | not reported | not reported |
| FY2025 | 47.6 days | not reported | not reported | not reported |
| Fiscal year | Accruals / assets |
|---|---|
| FY2019 | -12.0 percent |
| FY2020 | -15.8 percent |
| FY2021 | -7.3 percent |
| FY2022 | -2.1 percent |
| FY2023 | -7.5 percent |
| FY2024 | -23.3 percent |
| FY2025 | -10.6 percent |
Below the line, the asset base is being consumed faster than it is replaced.
Depreciation here includes amortisation of acquired intangibles — goodwill written down over time, customer lists, acquired technology. Capex does not replace those and is not meant to, so an acquisitive or asset-light company sits below 1.0 permanently and correctly. The signal is cleanest for capital-intensive businesses, where the two measure the same physical base. For that reason this informs the earnings-quality verdict but never caps it.
SBC is added back inside operating cash flow, so reported free cash flow treats shares issued to employees as free. Percent of revenue says how expensive the payroll is; percent of operating cash flow says how much of the cash exists only because the charge was added back. The buyback offset is buybacks over SBC — below 1.0 the repurchase does not cover the shares issued.
Figures are the latest fiscal year (FY2025) from the company's own filings, not a trailing-twelve-month window — Q2 reads fiscal years throughout so the cash-conversion ratios and these share one basis. A blank is a line the filer did not report; it is never read as zero.