Net margin is calculated as Net Income divided by its Revenue. Avis Budget Group's Net Income for the
three
months ended in Dec. 2023 was $259 Mil. Avis Budget Group's Revenue for the
three
months ended in Dec. 2023 was $2,820 Mil. Therefore, Avis Budget Group's net margin for the quarter that ended in Dec. 2023 was 9.18%.
The historical rank and industry rank for Avis Budget Group's Net Margin % or its related term are showing as below:
CAR'
s Net Margin % Range Over the Past 10 Years
Min: -12.3 Med: 3.46 Max: 21.24
Current: 12.89
CAR's Net Margin % is ranked better than 83.1% of 1065
companies
in the Business Services industry
Industry Median: 3.93
vs CAR: 12.89
Avis Budget Group Net Margin % Historical Data
The historical data trend for Avis Budget Group's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Rental & Leasing Services subindustry, Avis Budget Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Avis Budget Group Net Margin % Distribution
For the Business Services industry and Industrials sector, Avis Budget Group's Net Margin % distribution charts can be found below:
* The bar in red indicates where Avis Budget Group's Net Margin % falls into.
Avis Budget Group Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
Avis Budget Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Avis Budget Group (NAS:CAR) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Avis Budget Group Net Margin % Related Terms
Thank you for viewing the detailed overview of Avis Budget Group's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Avis Budget Group (Avis Budget Group) Business Description
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CAR has been successfully added to your 