Localiza Rent A Car (BSP:RENT3) Selling, General, & Admin. Expense: R$1,520 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:RENT3 Localiza Rent A Car SA BSP:RENT3
94 GF Score
Price R$38.37
GF Value R$56.29
Valuation Possible Value Trap
! 9 Warning Signs
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What is Localiza Rent A Car Selling, General, & Admin. Expense?

Localiza Rent A Car BSP:RENT3 +1.72% 94 Selling, General, & Admin. Expense is R$1,520 Mil as of Mar. 2026. GuruFocus rates BSP:RENT3 with a GF Score™ of 94/100 and a GF Value™ of R$56.29 (Possible Value Trap). The stock has 9 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Localiza Rent A Car's selling, general, & admin. expense for the three months ended in Mar. 2026 was R$413 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was R$1,520 Mil.


Localiza Rent A Car  (BSP:RENT3) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Localiza Rent A Car Selling, General, & Admin. Expense Related Terms


Localiza Rent A Car Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Localiza Rent A Car's Selling, General, & Admin. Expense 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.

Localiza Rent A Car Selling, General, & Admin. Expense Chart

Localiza Rent A Car Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,475.68 2,118.77 1,029.85 1,297.78 1,436.51

Localiza Rent A Car Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 325.39 335.79 363.34 408.63 412.60

BSP:RENT3 vs URI, SUNB, AER: Selling, General, & Admin. Expense Comparison

For the Rental & Leasing Services subindustry, Localiza Rent A Car's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Localiza Rent A Car Selling, General, & Admin. Expense vs Business Services Industry

For the Business Services industry and Industrials sector, Localiza Rent A Car's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Localiza Rent A Car's Selling, General, & Admin. Expense falls into.


BSP:RENT3
94GF Score
Localiza Rent A Car SA BSP:RENT3
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Localiza Rent A Car Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,520 Mil.

* 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.

What does a Selling, General, & Admin. Expense of R$1,520 Mil mean?
Localiza Rent A Car (BSP:RENT3) has a Selling, General, & Admin. Expense of R$1,520 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Localiza Rent A Car and its competitors.
Is Localiza Rent A Car's Selling, General, & Admin. Expense too high?
Localiza Rent A Car's current Selling, General, & Admin. Expense is R$1,520 Mil. Overall, Localiza Rent A Car has a GF Score™ of 94/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Localiza Rent A Car's Selling, General, & Admin. Expense compare to URI and SUNB?
Localiza Rent A Car's Selling, General, & Admin. Expense of R$1,520 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Business Services company?
A good Selling, General, & Admin. Expense depends on the Business Services industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Localiza Rent A Car and its competitors. Localiza Rent A Car's current Selling, General, & Admin. Expense is R$1,520 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Localiza Rent A Car stock overvalued right now?
Based on GuruFocus' analysis, Localiza Rent A Car (BSP:RENT3) is currently considered Possible Value Trap. The stock's GF Value™ is R$56.29, compared to a current price of R$38.37 — trading 31.8% below its estimated fair value. The current Selling, General, & Admin. Expense is R$1,520 Mil. Localiza Rent A Car's overall GF Score™ is 94/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Localiza Rent A Car (BSP:RENT3), the current Selling, General, & Admin. Expense is R$1,520 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Localiza Rent A Car (BSP:RENT3) Overvalued in 2026?

Based on GuruFocus' analysis, Localiza Rent A Car stock appears to be undervalued. The current stock price of R$38.37 is trading 31.8% below its estimated GF Value™ of R$56.29. GuruFocus considers Localiza Rent A Car to be Possible Value Trap.

Key valuation signals for BSP:RENT3:

  • Selling, General, & Admin. Expense: R$1,520 Mil
  • GF Value™: R$56.29 vs. price of R$38.37 (31.8% below fair value)
  • GF Score™: 94/100 with 9 warning signs

No single metric tells the full story. See the BSP:RENT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Localiza Rent A Car Business Description

Other Exchanges LZRFY:USARENT4:Brazil
Address Avenida Bernardo Vasconcelos, No. 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-000
Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its decommissioned fleet, and operates a franchise business. The company has two reportable operating segments: Car Rental and Fleet Management. Maximum revenue is generated from the Car Rental segment, which is responsible for car rentals and for stipulating insurance and managing car claims for insurance companies. This segment is also responsible for the administration and granting of franchises and the right to use the Localiza brand in geographically defined markets. Geographically, the company operates across different regions in Latin America.
94GF Score

Get the complete analysis for BSP:RENT3

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$38.37
Price
R$56.29
GF Value