Hertz Global Holdings, Inc. is a holding company. Co. is engaged in the business of renting vehicles primarily through its Hertz, Dollar and Thrifty brands. It operates through two segments: Americas RAC and International RAC. Americas RAC segment provides rental of vehicles, as well as sales of vehicles and value-added services, in the U.S., Canada, Latin America and the Caribbean. The International RAC segment provides rental and leasing of vehicles, as well as sales of value-added services in locations other than the U.S., Canada, Latin America and the Caribbean. It also owns and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business. We show 5 historical shares outstanding datapoints in our HTZ shares outstanding history coverage, used to compute HTZ market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing HTZ market cap history over the course of time is important for investors
interested in comparing HTZ's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of HTZ versus a peer is one thing; comparing
HTZ market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like HTZ can fluctuate over the course of history.
With this page we aim to empower investors researching HTZ by allowing them to research the HTZ market cap history. |
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Video: The Importance of Market Cap
