Avis Budget Group Inc (CAR)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -1,821,000 | 396,000 | 785,000 | 1,206,000 | 1,632,000 | 1,796,000 | 2,204,000 | 2,547,000 | 2,764,000 | 2,723,000 | 2,364,000 | 1,984,000 | 1,285,000 | 813,000 | 183,000 | -696,000 | -684,000 | -452,000 | -308,000 | 235,000 |
| Revenue (ttm) | US$ in thousands | 11,742,000 | 11,843,000 | 11,927,000 | 12,002,000 | 12,258,000 | 12,265,000 | 12,248,000 | 12,369,000 | 11,994,000 | 11,792,000 | 11,246,000 | 10,373,000 | 9,313,000 | 8,099,000 | 6,632,000 | 5,023,000 | 5,415,000 | 6,222,000 | 7,441,000 | 9,040,000 |
| Net profit margin | -15.51% | 3.34% | 6.58% | 10.05% | 13.31% | 14.64% | 17.99% | 20.59% | 23.04% | 23.09% | 21.02% | 19.13% | 13.80% | 10.04% | 2.76% | -13.86% | -12.63% | -7.26% | -4.14% | 2.60% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-1,821,000K ÷ $11,742,000K
= -15.51%
The net profit margin of Avis Budget Group Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 2.60% in March 2020, then deteriorated to negative figures in the following quarters reaching a low of -15.51% in December 2024.
After facing negative margins, the company's profitability improved significantly from March 31, 2022, onwards, with the net profit margin consistently increasing to reach a peak of 23.09% in September 30, 2022.
However, there was a slight decline in the net profit margin in the following quarters, stabilizing at around 13-17% until June 30, 2024. The net profit margin further decreased to 6.58% by June 30, 2024, and dropped significantly to 3.34% by September 30, 2024. The margin turned negative again at -15.51% by the end of December 31, 2024.
Overall, the net profit margin of Avis Budget Group Inc has been volatile and experienced periods of both growth and decline. The company should focus on sustaining profitability and implementing strategies to mitigate losses during challenging periods.
Peer comparison
Dec 31, 2024