H

Hertz

Car rental services and fleet management

Overview

Hertz rents cars, trucks, and vans to leisure and business customers through a global network of airport and urban locations. Customers choose a vehicle, set dates and pickup location, and pay the rental fee plus optional extras like insurance or GPS. The company differentiates itself with broad accessibility, convenient airport and city concessions, flexible pricing, and value-added add-ons. Its goal is to provide easy, reliable mobility for individuals and fleets by offering broad access, clear pricing, and useful services.

Significant Headcount Growth

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About Hertz

Simplify's Rating
Why Hertz is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Company Size

10,001+

Company Stage

IPO

Headquarters

Shadow Wood, Florida

Founded

1918

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Simplify's take

What believers are saying

  • Hertz ended Q2 2026 with about $984 million liquidity and over $1 billion pro forma.
  • August 26, 2026 Verra renewal expands tolling technology, reducing costs and customer friction.
  • Hertz’s free 3-year, 100,000-mile warranty supports ex-rental sales and asset monetization.

What critics are saying

  • Hertz carried $18.7 billion debt on June 30, 2026, squeezing refinancing headroom.
  • The October 30, 2026 NLRB case alleges layoffs, signaling labor conflict and reputational damage.
  • Robotaxi economics can strand Hertz’s fleet model if Uber and autonomous partners bypass rentals.

What makes Hertz unique

  • Hertz’s Oro platform runs 45,000 vehicles and already supports Uber robotaxi fleets.
  • Hertz’s August 2026 AI work with AWS and IBM automates calls, documentation, and testing.
  • Hertz’s 20-year Verra Mobility partnership lowers toll, violations, and fleet-compliance friction.

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Funding

Total Funding

$2B

Above

Industry Average

Funded Over

5 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Benefits

  • Paid Time Off
  • Medical, Dental & Vision plan options
  • 401(k) Company Match
  • Paid Parental Leave
  • Adoption Assistance
  • Employee Assistance Program for employees & family
  • Educational Reimbursement & Discounts
  • Voluntary Insurance Programs - Pet, Legal/Identity Theft, Critical Illness
  • Up to 40% off the base rate of any standard Hertz Rental
  • Perks & Discounts –Theme Park Tickets, Gym Discounts & more

Stock Price

Growth & Insights and Company News

6 month growth

0%

1 year growth

7%

2 year growth

7%
Welcome.AI
Nov 4th, 2026
Hertz's AI Integration with AWS and IBM Enhances Customer Satisfaction.

Hertz's AI Integration with AWS and IBM Enhances Customer Satisfaction. Discover how Hertz is leveraging AI through its partnerships with AWS and IBM to build a resilient, customer-focused future in the car rental industry. Key facts. * Hertz's AI integration with AWS and IBM enhances operational resilience, crucial for competitive agility. * Analyzing customer calls via Amazon Bedrock reveals insights that can drive customer satisfaction improvements. * Strategic partnerships with AWS and IBM position Hertz ahead in tech adoption, reducing innovation risks. * AI-driven efficiencies may lower operational costs, impacting Hertz's financial performance positively. * Hertz's shift to AI indicates a broader market trend towards digital transformation in the rental industry. Summary. Hertz, a major player in the car rental industry, faced challenges in modernizing its technology stack and enhancing operational efficiency. By leveraging AWS and IBM's expertise, Hertz implemented AI solutions to analyze customer calls and improve documentation processes. This transformation is paving the way for a more resilient, AI-powered future. Background. Hertz is a leading car rental company known for its extensive fleet and global presence. Before deploying AI solutions, Hertz struggled with outdated technology and inefficiencies in handling customer interactions and documentation processes. Challenge. The primary challenge Hertz aimed to address was the need for modernization in its technology stack to improve customer service and operational efficiency. The company sought to analyze customer calls effectively and streamline documentation, testing, security, and incident prevention. LearnEngineering Solution. Hertz partnered with AWS and IBM to implement AI technologies, including Amazon Bedrock, to analyze customer calls. The deployment focused on enhancing the documentation processes and exploring agentic AI capabilities to support various operational aspects, such as testing and incident prevention. Results. The source material does not provide specific quantified outcomes or metrics related to the deployment of AI at Hertz. Key insights. Hertz's experience highlights the importance of strategic partnerships in navigating rapid technological changes. Collaborating with established tech companies like AWS and IBM can facilitate the adoption of advanced AI solutions and drive operational improvements. PlanGrowth Customer testimonial. "Whether it's IBM, whether it's AWS - you are not able to accommodate the rate of change and you need to bank on partners like IBM, like AWS, that do it day in and day out." - Sada Iyer, SVP of Technology, Hertz Discover more businesses Start an LLC Donate to Research Entities mentioned. Companies Startan LLC Amazon Bedrock Technologies agentic AI Key concepts. AI transformation technology modernization customer call analysis agentic AI partnerships resilience real-world impact expertise leverage Definitions. * AI transformation - The process of integrating artificial intelligence technologies into business operations to enhance efficiency and decision-making. * agentic AI - A type of AI that can autonomously perform tasks such as documentation, testing, and security. * Amazon Bedrock - A service that allows businesses to build and scale AI applications using pre-trained models. * technology stack - A combination of technologies used to build and run applications, including hardware, software, and frameworks. * partnerships - Collaborative relationships between companies to leverage each other's strengths and capabilities. Use cases. * | Analyzing customer calls * | Documentation automation * | Testing processes * | Security enhancements * | Incident prevention Frequently asked questions. How is Hertz using AI? Hertz is leveraging AI to modernize its technology stack, focusing on customer call analysis and agentic AI for various operational tasks. This integration aims to enhance efficiency and improve customer experiences. LearnAI Tools What role do AWS and IBM play in Hertz's transformation? AWS and IBM are crucial partners in Hertz's AI transformation, providing expertise and technology solutions that help the company adapt to rapid changes in the industry. Their collaboration enables Hertz to implement advanced AI capabilities effectively. What is agentic AI? Agentic AI refers to artificial intelligence systems that can autonomously carry out tasks such as documentation, testing, and security measures. This technology helps organizations streamline operations and reduce manual workloads. What is Amazon Bedrock? Amazon Bedrock is a service that allows businesses to build and scale AI applications using pre-trained models. It simplifies the development process and accelerates the deployment of AI solutions. Why are partnerships important in AI transformation? Partnerships are vital in AI transformation because they provide access to specialized expertise and resources that companies may not possess internally. Collaborating with established tech leaders like AWS and IBM enables organizations to keep pace with rapid technological advancements.

Nomad Lawyer
Oct 30th, 2026
Emirates Skywards winter travel rewards: Double Miles on Hotels, road trips, and Accor points conversions.

Emirates Skywards winter travel rewards: Double Miles on Hotels, road trips, and Accor points conversions. Oct 30, 2026 While airline loyalty programs are historically anchored to aircraft seat purchases, frequent flyers now generate more than half of their reward points entirely on terra firma through strategic accommodation, retail, and ground transport partnerships. Capitalizing on this behavioral shift ahead of the festive holidays, Emirates Airline and regional partner flydubai officially launched their Emirates Skywards winter promotional campaign on 29 October 2026. The multi-partner initiative allows members to earn double Skywards Miles on qualifying hotel reservations and vehicle rentals, collect 50% bonus Miles on curated vacation packages, and receive a 25% bonus when converting eligible ALL Accor loyalty points for travel completed through 31 January 2027. Book Flights Strategic ground earning: expanding rewards beyond the cabin. The winter promotion reflects an intentional pivot by Gulf carriers toward comprehensive travel lifestyle ecosystems. Instead of requiring members to book long-haul flights to build reward balances, Emirates Skywards enables travelers to earn significant Miles while arranging standard components of their winter vacations, city getaways, and New Year breaks. At the core of the accommodation offering, members who reserve stays through Booking.com or participating properties within IHG Hotels & Resorts earn double Skywards Miles on eligible bookings. Concurrently, travelers booking through the standalone Emirates Skywards Hotels platform receive a 50% bonus on baseline earnings across global independent properties. For travelers who prefer end-to-end itinerary packaging, Emirates Holidays provides a 50% bonus on complete flight-and-resort bundles, catering to families and couples seeking structured escapes across the Middle East, Indian Ocean, and Europe. Book Hotels Campaign timetable and partner bonus matrix. To optimize earnings, travelers must observe distinct reservation cut-offs across different partner categories. The breakdown below details eligible partners, earning structures, and critical booking deadlines: | Partner Category | Participating Brands | Reward Earning Structure | Booking Window | Travel Completion Deadline | | Hotel Portals | Booking.com & IHG Hotels & Resorts | Double Skywards Miles (100% bonus) | 29 Oct - 30 Nov 2026 | Completed by 31 Jan 2027 | | Boutique Stays | Emirates Skywards Hotels | 50% Bonus Skywards Miles | 29 Oct - 30 Nov 2026 | Completed by 31 Jan 2027 | | Holiday Packages | Emirates Holidays | 50% Bonus Skywards Miles | 29 Oct - 26 Nov 2026 | Completed by 31 Jan 2027 | | Vehicle Rentals | SIXT, Europcar, Avis, Budget, Hertz | Double Skywards Miles (100% bonus) | 29 Oct - 30 Nov 2026 | Completed by 31 Jan 2027 | | Points Transfers | ALL Accor Live Limitless | 25% Conversion Bonus (Min 4,000 pts) | 29 Oct - 30 Nov 2026 | N/A (Direct Point Credit) | Accelerating Miles through road trips and hotel conversions. Ground mobility forms an integral component of the campaign. Emirates Skywards has partnered with five premier international car rental agencies - SIXT, Europcar, Avis, Budget, and Hertz - to deliver double Miles on eligible rentals booked by 30 November 2026. For visitors planning scenic drives through the desert dunes of the UAE, excursions along the Hajar Mountains in Oman, or road trips across Europe, renting through preferred partner channels accelerates points accumulation while delivering flexible regional transit. Additionally, the campaign provides an avenue for hotel loyalty participants to monetize dormant balances through ALL Accor Live Limitless. Members who convert qualifying ALL Reward points into Skywards Miles during the promotion receive a 25% points top-up. Conversions begin at a minimum baseline of 4,000 ALL Reward points, offering members who accumulated hotel points from past business trips an immediate mechanism to boost their airline loyalty balance ahead of peak winter flight redemptions. Book Hotels Visitor insider tips: maximizing winter travel in Dubai and beyond. Leveraging the winter Skywards campaign while exploring the Persian Gulf during peak season requires localized knowledge of rates, traffic patterns, and booking mechanics: * Watch the Shorter Emirates Holidays Cut-off: While general hotel and car rental bookings extend through 30 November 2026, the reservation window for Emirates Holidays packages closes earlier on 26 November 2026. If you plan to bundle flights, hotel stays, and desert excursions, finalize package reservations before this deadline to secure the 50% Miles bonus. * Base Yourself Strategically in Dubai: Winter represents the premier climate window across the UAE, with daytime temperatures averaging 24°C to 28°C. For easy access to cultural attractions and dining, base yourself near Downtown Dubai, the Dubai Marina, or along the historic creek in Al Fahidi. Book accommodations via the Booking.com partner link to ensure double Miles credit while avoiding peak taxi gridlock on Sheikh Zayed Road by using the Dubai Metro Red Line. * Audit Rental Car Insurance and Toll Transponders: When collecting rental vehicles from SIXT, Avis, or Hertz at Dubai International Airport (DXB), verify that your vehicle is equipped with a Salik automated toll tag. Toll points across Dubai deduct 4 AED per crossing automatically. If planning mountain excursions to Hatta or Jebel Jais in Ras Al Khaimah, opt for an all-wheel-drive vehicle to navigate steep gradient ascents safely. * Verify Partner Attribution at Checkout: Double Miles and conversion bonuses do not apply retroactively if reservations are booked through unauthorized third-party consolidators. Always initiate bookings through dedicated Emirates Skywards partner landing pages and enter your nine-digit membership number during initial checkout. * Combine City Sightseeing with Cultural Heritage: Balance modern beachfront entertainment with visits to regional cultural landmarks promoted by Visit Dubai. Explore the traditional spice and gold souks of Deira, take an abra boat ride across Dubai Creek for 1 AED, and discover ancient mangrove ecosystems in neighboring emirates. Cultural and environmental context: sustainable tourism in the Gulf. Winter marks the arrival of peak international tourism across the United Arab Emirates, bringing hundreds of thousands of overseas visitors to the Arabian peninsula. Managing this high-volume influx requires balancing economic vitality with strict ecological stewardship. Initiatives promoted by the Dubai Department of Economy and Tourism emphasize low-impact desert tourism and energy-efficient hospitality. Luxury desert conservation reserves like the Dubai Desert Conservation Reserve limit vehicular access to preserve endangered Arabian oryx herds and indigenous desert flora. By encouraging extended stays through bundled holiday packages and integrated transport partnerships, loyalty initiatives help disperse visitor footfall beyond crowded urban shopping centers into regional heritage corridors, supporting local artisans, maritime heritage museums, and community-led ecotourism projects across the northern emirates. FAQ: navigating the Emirates Skywards winter campaign. What is the travel completion deadline for the Emirates Skywards winter promotion? All qualifying hotel stays, holiday packages, and car rentals must be completed by 31 January 2027 to receive bonus Skywards Miles. Which hotel platforms offer double Miles during the promotion? Reservations made through Booking.com and participating IHG Hotels & Resorts properties earn double Skywards Miles, while Emirates Skywards Hotels bookings receive a 50% bonus. What is the minimum points requirement for the ALL Accor conversion bonus? Members must convert a minimum of 4,000 ALL Accor Reward points to receive the 25% bonus Skywards Miles credit, with conversions closing on 30 November 2026. Which car rental agencies participate in the double Miles offer? Qualifying rentals booked through SIXT, Europcar, Avis, Budget, and Hertz earn double Skywards Miles when booked between 29 October and 30 November 2026. By turning every road trip, hotel check-in, and points conversion into high-yield loyalty currency, savvy travelers can transform winter sunshine across the Arabian Gulf into next season's dream getaway.

Yahoo Finance
Oct 21st, 2026
Hertz cedes half of Oro's votes for 15.86% of profits in $81M robotaxi unit deal

Hertz has sold a stake in Oro Mobility, its fleet-management unit, to investors including Cohen Private Ventures, Certares and Knighthead funds. The group paid about $80.89 million for units representing roughly 15.86% of Oro's profits and 50% of its voting rights. Hertz keeps majority economic ownership, but the board is now split three and three, so it no longer holds the deciding vote. The deal was signed on October 16. Hertz also agreed to repurchase about $51.1 million of its 8% second-lien notes due 2029 from Certares and Knighthead affiliates for roughly $20.86 million, a 60% discount. Oro runs about 45,000 vehicles, including robotaxi fleet management for Uber. It leases its fleet from Hertz for about $13.7 million a month.

Plave Koch PLC
Oct 9th, 2026
Beyond accessible vehicles: what rental/mobility companies should know about ADA compliance.

Beyond accessible vehicles: what rental/mobility companies should know about ADA compliance. By Leslie Pujo, Partner at Plave Koch, PLC Accessibility can affect almost every part of the customer experience in the vehicle rental/mobility industry, from the vehicles and equipment offered to reservation systems, employee practices, and customer qualification policies. Each can raise questions about how the Americans with Disabilities Act (ADA) applies. A recent nationwide class action settlement involving The Hertz Corporation highlights some of those issues. The settlement resolves claims that, among other things, Hertz allegedly violated the ADA by: (1) limiting options for vehicles equipped with hand controls, which effectively imposed an impermissible surcharge on some customers with disabilities who had to rent more expensive vehicles than those available to nondisabled customers; and (2) failing to use a transparent reservations flow on its website. Hertz's settlement included changes to its practices, including establishing a hub of minivans and updating its website. While the Hertz case focuses on hand controls and website accessibility, it provides a reminder for all vehicle rental/mobility businesses to take a broader look at their ADA practices. Adaptive equipment and the reservation process: lessons from the Hertz settlement. Adaptive driving equipment presents additional considerations. A vehicle rental/mobility business must provide vehicles with certain adaptive driving devices - at no additional cost - unless doing so interferes with airbag or other safety functions. A particular model may not be capable of being safely or effectively modified, and equipment may affect other safety features. Businesses should know which adaptive driving devices they can provide, which vehicle models can accommodate them, how equipment is installed, and which employees or outside contractors are trained to install them. A vehicle rental/mobility business may require advance notice from customer requesting a vehicle with adaptive driving devices - the amount of notice will vary, depending on the business's fleet size and location. The Hertz case also illustrates that accessibility starts before a customer reaches the rental counter. In addition to the allegations involving hand-control vehicles and additional fees, the plaintiffs in the Hertz case raised concerns about the difficulty in finding information regarding accessible options and adaptive equipment through the company's website. Rental businesses should periodically review their reservation process. Can customers easily find information about available options? Is the process for requesting equipment clear? Does the information online match what employees are prepared to provide? Service animals: know what employees can ask. Although dogs are generally the only recognized service animals, the ADA regulations also permit miniature horses as service animals in certain circumstances. When it is not obvious that an animal is a service animal, employees may ask whether the animal is required because of a disability and what work or task it has been trained to perform. They cannot require documentation or certification, ask about the person's disability, or require the animal to demonstrate its task. Nor can they charge a pet fee or deposit (but if a business normally charges an additional cleaning or damage fee, it may charge a disabled customer for additional cleaning or damage caused by the service animal). Employees should understand these rules before encountering a request involving a service animal. Clear policies and training can help prevent employees from asking impermissible questions or mishandling a request. Additional drivers and state requirements. The treatment of additional drivers is another issue rental companies should consider. A person with a disability may rent a vehicle even when another individual will operate it. In that situation, the driver must still meet the rental company's age requirements (if any) and hold a valid driver's license, but the rental company cannot charge an additional driver fee. Employees should understand when an additional-driver policy intersects with ADA requirements rather than automatically applying the standard fee structure. Federal requirements are also only part of the compliance picture. Businesses operating in multiple states should monitor state laws that may impose additional obligations. For example, recent legislation in Colorado creates additional requirements related to rental reservations and accessibility information. Training and regular reviews matter. A written policy is only useful if employees know how to apply it. Regular training can help employees understand the questions they can ask, how to respond to accommodation requests, and when to involve a manager. Businesses should also periodically review their policies, website, reservation process, paperwork and equipment. Compliance is more complicated for franchised systems, since a franchisor may establish systemwide standards and operate reservation systems while individually owned and operated franchised locations interact directly with customers. Companies should also be mindful of potential ADA litigation, including lawsuits brought by individuals who identify accessibility issues across multiple businesses. Keeping policies, employee training, equipment and customer-facing information current can help businesses respond when an ADA issue arises. ADA compliance is not a one-time exercise. Laws and regulations change, employees come and go, and reservation technology continues to evolve. Regular reviews can help businesses identify gaps before they become problems. Plave Koch's attorneys have experience helping franchisors and businesses navigate regulatory compliance and minimize legal risk. If you are a vehicle rental/mobility operator have questions about your ADA obligations or are reviewing your company's accessibility practices, contact your attorney for guidance tailored to your business.

Fleet Management Weekly
Aug 31st, 2026
Hertz's free ex-rental warranty says 100K miles, but counts the ones already driven.

Hertz's free ex-rental warranty says 100K miles, but counts the ones already driven. Hertz is stepping up to make buying one of its ex-rental vehicles significantly more appealing, announcing a new 3-year/100,000-mile limited powertrain warranty for eligible vehicles. This warranty, provided free of charge, applies to most vehicles sold by Hertz that are 5 model years old or newer and have been driven fewer than 75,000 miles (120,700 km) at the time of sale. Hertz says it's launched a new free warranty in part because the average age of vehicles on US roads has reached a record 12.8 years, and it also notes that the average cost of owning and operating a vehicle has exceeded $11,500 annually.

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