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Avis Budget Group (BUE:CAR) 10-Year ROIIC % : 10.80% (As of Dec. 2023)


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What is Avis Budget Group 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Avis Budget Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 10.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Avis Budget Group's 10-Year ROIIC % or its related term are showing as below:

BUE:CAR's 10-Year ROIIC % is ranked better than
64.88% of 914 companies
in the Business Services industry
Industry Median: 4.45 vs BUE:CAR: 10.80

Avis Budget Group 10-Year ROIIC % Historical Data

The historical data trend for Avis Budget Group's 10-Year ROIIC % 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.

* Premium members only.

Avis Budget Group 10-Year ROIIC % Chart

Avis Budget Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.85 -8.45 20.09 19.96 10.80

Avis Budget Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 10.80 - - -

Competitive Comparison of Avis Budget Group's 10-Year ROIIC %

For the Rental & Leasing Services subindustry, Avis Budget Group's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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's 10-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avis Budget Group's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Avis Budget Group's 10-Year ROIIC % falls into.



Avis Budget Group 10-Year ROIIC % Calculation

Avis Budget Group's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 688890.0916542 (Dec. 2023) - 644.8490354 (Dec. 2013) )/( 11511207.011 (Dec. 2023) - 96090.418 (Dec. 2013) )
=688245.2426188/11415116.593
=6.03%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Avis Budget Group  (BUE:CAR) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Avis Budget Group 10-Year ROIIC % Related Terms

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Avis Budget Group Business Description

Traded in Other Exchanges
Address
379 Interpace Parkway, Parsippany, NJ, USA, 07054
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.