Hertz(HTZ) - 2023 Q3 - Earnings Call Presentation

Q3 2023 Financial Performance - Revenue increased by 8% year-over-year from $2.5 billion to $2.7 billion[71] - Transaction Days increased by 16% year-over-year[59], from 37.1 million to 43.1 million[59] - Average fleet size increased by 11% year-over-year from 533,000 to 590,000[3] - Depreciation Per Unit (DPU) increased by 52% year-over-year from $185 to $282[3] - Adjusted Free Cash Flow decreased by 38% year-over-year from $505 million to $313 million[3] Key Drivers and Metrics - Total RPU Per Month increased by 5% year-over-year from $1,516 to $1,596[36] - Vehicle Utilization increased by 320 bps year-over-year from 80% to 83%[90] - Total DOE increased by 17% year-over-year[25] - Net corporate leverage is 1.9x[31]