Avis Budget Group Inc (CAR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -1,821,000 | 1,632,000 | 2,764,000 | 1,285,000 | -684,000 |
| Revenue | US$ in thousands | 11,789,000 | 12,008,000 | 11,994,000 | 9,313,000 | 5,402,000 |
| Net profit margin | -15.45% | 13.59% | 23.04% | 13.80% | -12.66% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-1,821,000K ÷ $11,789,000K
= -15.45%
The net profit margin of Avis Budget Group Inc has exhibited significant fluctuations over the past five years. From December 31, 2020, to December 31, 2024, the net profit margin has varied considerably, ranging from a negative figure of -12.66% to a positive high of 23.04%.
The company experienced a notable improvement in net profit margin from December 31, 2020, to December 31, 2022, with the margin increasing from a negative figure to 23.04%, signifying enhanced profitability during this period. However, there was a decline in profitability in December 31, 2024, as reflected by a negative net profit margin of -15.45%.
Overall, though the net profit margin has shown volatility, the company managed to achieve a positive net profit margin in recent years, suggesting an improvement in its profitability performance. Nevertheless, the negative margins observed in some years highlight the challenges or fluctuations the company may have faced during those periods. Further analysis of the underlying factors contributing to the fluctuations in net profit margin would provide more insights into the company's financial performance.
Peer comparison
Dec 31, 2024