Avis Budget Group Inc (CAR)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	-2,627,000	376,000	804,000	1,375,000	1,914,000	2,268,000	2,853,000	3,338,000	3,636,000	3,663,000	3,250,000	2,653,000	1,708,000	1,030,000	154,000	-941,000	-956,000	-807,000	-532,000	158,000
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
Pretax margin		-22.37%	3.17%	6.74%	11.46%	15.61%	18.49%	23.29%	26.99%	30.32%	31.06%	28.90%	25.58%	18.34%	12.72%	2.32%	-18.73%	-17.65%	-12.97%	-7.15%	1.75%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-2,627,000K ÷ $11,742,000K
= -22.37%

The pretax margin of Avis Budget Group Inc has shown fluctuations over the periods analyzed. Starting at a low of -7.15% in June 30, 2020, the margin improved significantly to reach 31.06% by September 30, 2022, indicating a strong performance in generating profits before taxes. However, the margin dipped in the following quarters, settling at 3.17% by September 30, 2024. The overall trend reflects volatility in the company's ability to generate profits relative to its total revenue, with periods of both growth and contraction in profitability.

Peer comparison

Dec 31, 2024

Company name

Symbol

Pretax margin

Avis Budget Group Inc

CAR

-22.37%

Hertz Global Holdings Inc