Avis Budget Group Inc (CAR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 35.31% | 27.27% | 34.59% | 49.05% | 61.44% | 73.84% | 84.44% | 86.34% | 89.74% | 90.09% | 88.57% | 86.80% | 83.79% | 82.08% | 78.48% | 70.64% | 68.62% | 69.21% | 70.11% | 73.25% |
| Operating profit margin | 9.29% | 14.85% | 22.36% | 29.24% | 30.93% | 32.30% | 30.58% | 29.34% | 32.62% | 33.34% | 31.23% | 28.21% | 22.88% | 18.27% | 9.45% | -9.30% | -10.99% | -7.78% | -2.84% | 4.69% |
| 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% |
| 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% |
Avis Budget Group Inc's profitability ratios show fluctuations over the period analyzed. The Gross Profit Margin has been improving steadily from 73.25% in March 2020 to a peak of 90.09% in September 2022, before declining to 61.44% by December 2023.
The Operating Profit Margin was negative in some quarters but improved significantly from -10.99% in December 2020 to 33.34% in September 2022. However, it decreased to 9.29% by December 2024.
The Pretax Margin was negative in most quarters early on but turned positive and peaked at 31.06% in September 2022. It then declined to 3.17% by September 2024.
The Net Profit Margin followed a similar trend to the Pretax Margin, starting negative and turning positive over time. It reached a high of 23.09% in September 2022 before dropping to 3.34% by September 2024.
Overall, while Avis Budget Group Inc's profitability ratios showed improvement in certain periods, there were fluctuations and declines in margins in later quarters, indicating varying levels of profitability and efficiency in the company's operations.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.76% | 5.37% | 7.87% | 10.47% | 11.34% | 42.96% | 41.19% | 13.25% | 15.09% | 15.60% | 13.46% | 12.41% | 9.43% | 6.85% | 4.80% | -2.51% | -3.39% | -2.47% | -0.97% | 1.80% |
| Return on assets (ROA) | -6.27% | 1.21% | 2.32% | 3.60% | 4.88% | 19.48% | 24.24% | 9.30% | 10.66% | 10.81% | 9.06% | 8.42% | 5.69% | 3.76% | 1.40% | -3.74% | -3.90% | -2.31% | -1.42% | 1.00% |
| Return on total capital | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1,198.91% | — | — | — | — | -554.79% |
| Return on equity (ROE) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 198.91% | — | — | — | — | 80.48% |
Avis Budget Group Inc's profitability ratios have shown significant fluctuations over the past few years.
1. Operating return on assets (Operating ROA) has improved consistently from March 31, 2020, when it was 1.80%, to a peak of 41.19% on June 30, 2023. However, it decreased to 7.87% on June 30, 2024, indicating some volatility in the company's operational efficiency.
2. Return on assets (ROA) also fluctuated, with a significant increase from 1.00% on March 31, 2020, to 24.24% on June 30, 2023. The ratio declined to 2.32% on June 30, 2024. This ratio reveals the company's ability to generate profits from its assets.
3. Return on total capital was negative at the beginning of the analyzed period, suggesting that the company was not effectively utilizing its total capital. However, the data from June 30, 2021, shows a sharp increase to 1,198.91%, which could be an anomaly or a result of a specific event impacting capital structure reporting rather than a sustainable improvement.
4. Return on equity (ROE) had a significant improvement from 80.48% on March 31, 2020, to 198.91% on June 30, 2021. Subsequently, the data shows little to no information, suggesting that the company may not have reported data for these quarters or that the figures were not calculable due to specific circumstances.
Overall, the improvement in operating ROA and ROA indicates the company's better operational performance in recent quarters. However, the fluctuations in other ratios, especially return on total capital and return on equity, require further investigation to understand the company's financial health comprehensively.