Hertz Global Holdings, Inc.
Cash Flow Statement
| Line Item | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-186.0M | $-348.0M | $629.0M | $139.0M | $196.0M | $116.0M | $577.0M | $940.0M |
| Depreciation & Amortization | $32.0M | $49.0M | $33.0M | $32.0M | $35.0M | $37.0M | $36.0M | $36.0M |
| Depreciation | $32.0M | $1.0M | $33.0M | $32.0M | $35.0M | $-8.0M | $36.0M | $36.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $370.0M | $564.0M | $851.0M | $497.0M | $562.0M | $277.0M | $932.0M | $708.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $33.0M | $37.0M | $28.0M | $78.0M | $45.0M | $46.0M | $45.0M | $29.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-703.0M | $84.0M | $-383.0M | $-2.24B | $-1.49B | $-760.0M | $-222.0M | $-1.71B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $43.0M | $50.0M | $104.0M | $118.0M | $309.0M | $505.0M | $881.0M |
| Net Cash from Financing Activities | $85.0M | $-520.0M | $-568.0M | $1.66B | $739.0M | $368.0M | $-740.0M | $467.0M |
| Net Change in Cash | $-261.0M | $150.0M | $-110.0M | $-76.0M | $-176.0M | $-90.0M | $-55.0M | $-559.0M |
| Free Cash Flow | $337.0M | $527.0M | $823.0M | $419.0M | $517.0M | $231.0M | $887.0M | $679.0M |