HERTZ FRANCE : revenue, balance sheet and financial ratios

HERTZ FRANCE is a French company founded 36 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in MONTIGNY-LE-BRETONNEUX (78180), this company of category ETI shows in 2024 a revenue of 331.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - HERTZ FRANCE (SIREN 377839667)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 331 930 633 € 309 367 836 € 185 824 009 € 215 662 325 € 428 805 892 € 422 638 752 € 409 315 340 € 406 160 660 €
Net income -263 053 274 € -118 776 696 € -33 350 988 € -53 667 920 € -26 818 439 € -26 988 635 € -69 536 648 € -58 303 398 €
EBITDA -55 470 110 € 7 731 464 € -9 765 853 € -26 854 941 € 6 093 485 € 16 558 937 € 23 586 042 € 22 755 832 €
Net margin -79.2% -38.4% -17.9% -24.9% -6.3% -6.4% -17.0% -14.4%

Revenue and income statement

In 2024, HERTZ FRANCE achieves revenue of 331.9 M€. Activity remains stable over the period (CAGR: -2.5%). Vs 2023: +7%. After deducting consumption (108.7 M€), gross margin stands at 223.3 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -55.5 M€, representing -16.7% of revenue. Warning negative scissor effect: despite revenue change (+7%), EBITDA varies by -817%, reducing margin by 19.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -263.1 M€ (-79.2% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

331 930 633 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

223 275 890 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-55 470 110 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-89 248 147 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-263 053 274 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-16.7%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -0%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -144%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-0.255%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

-143.668%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-76.907%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-0.001

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

20.9%

Solvency indicators evolution
HERTZ FRANCE

Sector positioning

Debt ratio
-0.26 2024
2021
2023
2024
Q1: 0.0
Med: 14.45
Q3: 116.73
Excellent

In 2024, the debt ratio of HERTZ FRANCE (-0.26) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-143.67% 2024
2021
2023
2024
Q1: 0.15%
Med: 21.18%
Q3: 49.34%
Watch -32 pts over 3 years

In 2024, the financial autonomy of HERTZ FRANCE (-143.7%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-0.0 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 2.23 years
Excellent

In 2024, the repayment capacity of HERTZ FRANCE (-0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 40.11. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

40.114

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-350.854

Liquidity indicators evolution
HERTZ FRANCE

Sector positioning

Liquidity ratio
40.11 2024
2021
2023
2024
Q1: 75.35
Med: 177.21
Q3: 352.29
Watch -7 pts over 3 years

In 2024, the liquidity ratio of HERTZ FRANCE (40.11) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-350.85x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 6.61x
Watch

In 2024, the interest coverage of HERTZ FRANCE (-350.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 19 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. Favorable situation: supplier credit is longer than customer credit by 6 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-67 days): operations structurally generate cash. Notable WCR improvement over the period (-146%), freeing up cash.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-61 735 778 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

19 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

25 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

3 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-67 j

WCR and payment terms evolution
HERTZ FRANCE

Positioning of HERTZ FRANCE in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of HERTZ FRANCE is estimated at 774 603 900 € (range 180 849 428€ - 1 007 240 279€). The price/revenue ratio is 2.33x (premium valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
276 transactions
180849k€ 774603k€ 1007240k€
774 603 900 € Range: 180 849 428€ - 1 007 240 279€
NAF 5 all-time

Valuation method used

Revenue Multiple
331 930 633 € × 2.33x = 774 603 900 €
Range: 180 849 428€ - 1 007 240 279€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Location de courte durée de voitures et de véhicules automobiles légers)

Compare HERTZ FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about HERTZ FRANCE

What is the revenue of HERTZ FRANCE ?

The revenue of HERTZ FRANCE in 2024 is 331.9 M€.

Is HERTZ FRANCE profitable?

HERTZ FRANCE recorded a net loss in 2024.

Where is the headquarters of HERTZ FRANCE ?

The headquarters of HERTZ FRANCE is located in MONTIGNY-LE-BRETONNEUX (78180), in the department Yvelines.

Where to find the tax return of HERTZ FRANCE ?

The tax return of HERTZ FRANCE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does HERTZ FRANCE operate?

HERTZ FRANCE operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.