HTZ vs. CAR

Last updated Apr 1, 2026

Compare and contrast key facts about Hertz Global Holdings Inc (HTZ) and Avis Budget Group, Inc. (CAR).

Performance

HTZ vs. CAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hertz Global Holdings Inc (HTZ) and Avis Budget Group, Inc. (CAR). The values are adjusted to include any dividend payments, if applicable.

HTZ vs. CAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
HTZ Hertz Global Holdings Inc	-10.31%	40.44%	-64.77%	-32.49%	-38.42%	-7.41%
CAR Avis Budget Group, Inc.	13.66%	59.19%	-54.52%	13.81%	-20.95%	153.26%

Fundamentals

Market Cap HTZ : $1.48B CAR : $5.13B
EPS HTZ : -$2.25 CAR : -$25.21
PS Ratio HTZ : 0.18 CAR : 0.44
Total Revenue (TTM) HTZ : $8.50B CAR : $11.65B
Gross Profit (TTM) HTZ : $987.00M CAR : $2.94B
EBITDA (TTM) HTZ : $2.86B CAR : $4.97B

Returns By Period

In the year-to-date period, HTZ achieves a -10.31% return, which is significantly lower than CAR's 13.66% return.

HTZ

• 1D: 2.90%
• 1M: 1.54%
• YTD: -10.31%
• 6M: -32.21%
• 1Y: 17.01%
• 3Y*: -34.35%
• 5Y*: —
• 10Y*: —

CAR

• 1D: 7.59%
• 1M: 49.73%
• YTD: 13.66%
• 6M: -9.17%
• 1Y: 92.16%
• 3Y*: -7.63%
• 5Y*: 15.65%
• 10Y*: 19.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HTZ vs. CAR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HTZ

HTZ Risk / Return Rank: 52
HTZ Sharpe Ratio Rank: 47
HTZ Sortino Ratio Rank: 63
HTZ Omega Ratio Rank: 58
HTZ Calmar Ratio Rank: 46
HTZ Martin Ratio Rank: 45

CAR

CAR Risk / Return Rank: 78
CAR Sharpe Ratio Rank: 85
CAR Sortino Ratio Rank: 81
CAR Omega Ratio Rank: 83
CAR Calmar Ratio Rank: 73
CAR Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HTZ vs. CAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hertz Global Holdings Inc (HTZ) and Avis Budget Group, Inc. (CAR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HTZ	CAR	Difference
Sharpe ratio Return per unit of total volatility	0.16	1.50	-1.35
Sortino ratio Return per unit of downside risk	1.31	2.13	-0.82
Omega ratio Gain probability vs. loss probability	1.14	1.31	-0.17
Calmar ratio Return relative to maximum drawdown	0.20	1.65	-1.45
Martin ratio Return relative to average drawdown	0.32	3.20	-2.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HTZ vs. CAR - Sharpe Ratio Comparison

The current HTZ Sharpe Ratio is 0.16, which is lower than the CAR Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of HTZ and CAR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HTZ	CAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.16	1.50	-1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.20	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.26	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.40	0.09	-0.49

Correlation

The correlation between HTZ and CAR is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

HTZ vs. CAR - Dividend Comparison

Neither HTZ nor CAR has paid dividends to shareholders.

	TTM	2025	2024	2023
HTZ Hertz Global Holdings Inc	0.00%	0.00%	0.00%	0.00%
CAR Avis Budget Group, Inc.	0.00%	0.00%	0.00%	5.64%

Drawdowns

HTZ vs. CAR - Drawdown Comparison

The maximum HTZ drawdown since its inception was -92.38%, smaller than the maximum CAR drawdown of -99.90%. Use the drawdown chart below to compare losses from any high point for HTZ and CAR.

Drawdown Indicators

	HTZ	CAR	Difference
Max Drawdown Largest peak-to-trough decline	-92.38%	-99.90%	+7.52%
Max Drawdown (1Y) Largest decline over 1 year	-55.03%	-57.75%	+2.72%
Max Drawdown (5Y) Largest decline over 5 years	—	-83.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-84.55%	—
Current Drawdown Current decline from peak	-86.59%	-59.43%	-27.16%
Average Drawdown Average peak-to-trough decline	-64.21%	-60.87%	-3.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.77%	29.78%	+3.99%

Volatility

HTZ vs. CAR - Volatility Comparison

The current volatility for Hertz Global Holdings Inc (HTZ) is 17.05%, while Avis Budget Group, Inc. (CAR) has a volatility of 22.06%. This indicates that HTZ experiences smaller price fluctuations and is considered to be less risky than CAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HTZ	CAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.05%	22.06%	-5.01%
Volatility (6M) Calculated over the trailing 6-month period	53.61%	43.22%	+10.39%
Volatility (1Y) Calculated over the trailing 1-year period	108.35%	61.59%	+46.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	77.98%	79.38%	-1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.98%	75.33%	+2.65%

Financials

HTZ vs. CAR - Profitability Comparison

The chart below illustrates the profitability comparison between Hertz Global Holdings Inc and Avis Budget Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HTZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hertz Global Holdings Inc reported a gross profit of 103.00M and revenue of 2.03B. Therefore, the gross margin over that period was 5.1%.

CAR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Avis Budget Group, Inc. reported a gross profit of 513.00M and revenue of 2.66B. Therefore, the gross margin over that period was 19.3%.

HTZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hertz Global Holdings Inc reported an operating income of -38.00M and revenue of 2.03B, resulting in an operating margin of -1.9%.

CAR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Avis Budget Group, Inc. reported an operating income of 168.00M and revenue of 2.66B, resulting in an operating margin of 6.3%.

HTZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hertz Global Holdings Inc reported a net income of -194.00M and revenue of 2.03B, resulting in a net margin of -9.6%.

CAR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Avis Budget Group, Inc. reported a net income of -747.00M and revenue of 2.66B, resulting in a net margin of -28.0%.