Auto Rental News
MenuMENU
SearchSEARCH

Hertz Clarifies Total Revenue per Transaction Day Calculation

Hertz Global Holdings Inc. provided additional information regarding the calculation of total revenue per transaction day (RPD) for its second quarter financial records.

by Staff
August 2, 2013
1 min to read


This week, Hertz Global Holdings Inc. provided additional information regarding the calculation of total revenue per transaction day (RPD). The total RPD metric was introduced in the first quarter of 2013.

For Hertz’s car rental segment, its total revenue includes revenue from fleet subleases, Donlen leasing transactions and licensee transactions, among other items. This was disclosed in the first quarter’s Form 10-Q in the MD&A revenue — car rental segment section along with the actual dollar amounts for each of these items, says Hertz.

Ad Loading...

For purposes of calculating total RPD, Hertz excluded revenue from Donlen leasing transactions and currency effects, but total RPD for the second quarter does include the positive impact of the sublease fees. And it also includes the negative impact of year-over-year changes related to mix, rental length and franchised divestitures.

According to Hertz, the second quarter’s total revenue included $22.2 million associated with vehicles leased to Franchise Services of North America (FSNA) in connection with the sale of Advantage, which was only 1% of worldwide car rental revenue, excluding Donlen.

Given the unique and temporary nature of the sublease revenue, Hertz will not include it in its total RPD calculation going forward, says the company.

More Rental Operations

50 states map showing LOR rates for each state with different shades of light to dark green

U.S. Rental Length Declines Slightly in Q1 2026, Enterprise Reports

LOR overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.

Read More →
Illustration of a driverless futuristic front seat/dashboard view of other cars on a freeway with city skyline on horizon.

Hertz, Uber Deepen Roles In Self-Driving And Driver-Led Fleet Services

The business arrangement connects demand with scalable fleet management services and supports a range of mobility uses.

Read More →
A tech collage of electronic devices against a computer chip blueprint map.
Rental OperationsMay 1, 2026

Why Car Rental Can No Longer Run On Workarounds

The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.

Read More →
Ad Loading...
A tech collage of electronic devices against a computer chip blueprint map.
Rental OperationsMay 1, 2026

Why Car Rental Can No Longer Run On Workarounds

The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.

Read More →
A black Audi SUV superimposed on a historic scene from downtown Tashkent, Uzbekistan.

Carwiz Sets Up Rental Operations In Central Asia

The global franchise operation reaches a first in its rental fleet portfolio with new service in Uzbekistan.

Read More →
A raging brushfire in the countryside.
Rental Operationsby Martin RomjueApril 30, 2026

Where Rental Fleets Must Adjust To Shifting Catastrophe Risks

West Coast disasters pose unique challenges and liabilities for rental fleet operators, who are advised to take steps tailored to their specific situations.

Read More →
Ad Loading...
ARN Industry Newsmakers thumbnail page with ARN and ICRS logos and shots of Nick DiPrima and Martin Romjue
Rental Operationsby Martin RomjueApril 27, 2026

Using AI To Find Rental Car Damage

Angry car renters are storming social media, the mainstream media, and online ratings platforms to complain about charges they claim are either unfounded or excessive.

Read More →
Photo of CEO Krešimir Dobrilović against a gray modernist crooked-tile mural display.

Carwiz Opens Car Rental Service In Panama

A Carwiz partner in Puerto Rico is taking on the Panama franchise with operations in the nation's largest airport.

Read More →
A world map with Flexways logo and new locations headline.

Flexways Opens 10 Locations Among Franchise, Affiliate Rental Networks

The integrated business model combines each operator’s local expertise with international standards to boost sales.

Read More →
Ad Loading...
Photo of a suitcase, passport, and smartphone.

Traveler Customer Satisfaction Up This Year Data Study Shows

The study looks at customer analytics to size up performance in car rentals, rideshare, airlines, lodging, and OTAs.

Read More →
Ad Loading...