Hertz Global Holdings reported strong third-quarter results with $2.5 billion in revenue and adjusted EBITDA of $190 million, marking continued operational improvements and a return to profitability.

• Record utilization rates achieved, with a younger fleet now averaging under 12 months old, enhancing strategic asset management.
• Positive EPS for the first time in two years, reflecting successful cost controls and operational efficiencies.
• Significant growth in Net Promoter Score, up nearly 50% year-over-year in North America, highlighting improved customer satisfaction.
• Ongoing transformation of Hertz car sales into a profit center, with a successful rent-to-buy program achieving a 70% purchase conversion rate.
• Strategic collaboration with Cox Automotive advancing digital retail channels, enhancing customer experience in vehicle purchasing.