Avis Budget Group Inc (CAR)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | -2,327,000 | -349,000 | -703,000 | -220,000 | -155,000 |
| ROE | — | — | — | — | — |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $-1,821,000K ÷ $-2,327,000K
= —
Based on the provided data, Avis Budget Group Inc's return on equity (ROE) figures were not available for the years ending December 31, 2020, 2021, 2022, 2023, and 2024. Without specific ROE values for these years, it is challenging to assess the company's profitability in relation to the equity shareholders have invested.
ROE is a key financial ratio that measures a company's ability to generate profit from shareholders' equity. A higher ROE typically indicates better efficiency in using shareholders' investments to generate earnings. In this case, the lack of ROE data limits our ability to evaluate Avis Budget Group Inc's performance in this aspect over the specified years.
To gain a more comprehensive understanding of the company's financial performance and profitability, it would be advisable to review additional financial metrics and information available in their financial statements, annual reports, and disclosures to complement the analysis of ROE.
Peer comparison
Dec 31, 2024