What measurement date does Dollar Rent A Car use for all of its pension plans?

According to the 2025 Dollar Rent A Car Franchise Disclosure Document, the company uses December 31 as the measurement date for all of its pension plans. This date is significant because it is when the company calculates the market-related value of pension assets. This valuation is crucial for determining the expected return on plan assets and accounting for any gains or losses on those assets.

The use of a specific measurement date like December 31 ensures consistency and comparability in the financial reporting of pension obligations. By using fair value to assess pension assets, Dollar Rent A Car aims to provide an accurate representation of its financial position related to these plans. This approach is in line with standard accounting practices, where regular and consistent valuation methods are essential for transparency and reliability.

For a prospective Dollar Rent A Car franchisee, this information may not have an immediate impact on day-to-day operations. However, it provides insight into the financial management practices of the parent company, Hertz Global Holdings, Inc., and its approach to long-term financial obligations like pension plans. Understanding these aspects of the company's financial health can be valuable for franchisees as it reflects the overall stability and management of the Dollar Rent A Car brand.