Avis Budget Group Inc (CAR)
Return on equity (ROE)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 302,000 | 173,000 | 197,000 | 161,000 |
| Total stockholders’ equity | US$ in thousands | -349,000 | -33,000 | -129,000 | -444,000 | -703,000 | -509,000 | -654,000 | -992,000 | -220,000 | -211,000 | 92,000 | -316,000 | -155,000 | -76,000 | -153,000 | 292,000 | 656,000 | 495,000 | 376,000 | 324,000 |
| ROE | — | — | — | — | — | — | — | — | — | — | 198.91% | — | — | — | — | 80.48% | 46.04% | 34.95% | 52.39% | 49.69% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,632,000K ÷ $-349,000K
= —
As the table does not provide the specific ROE values for Avis Budget Group Inc for the referenced quarters, a detailed analysis of the company's return on equity (ROE) cannot be performed based on the given data.
ROE is a key profitability ratio that indicates the efficiency of a company in generating profits from the shareholders' equity. It is calculated as net income divided by average shareholders' equity.
To perform a comprehensive analysis of Avis Budget Group Inc's ROE, specific ROE values for each quarter are necessary to assess the company's profitability performance over time. Without this data, it is not possible to evaluate the trends, compare performance across quarters, or make meaningful insights into the company's financial health.
Therefore, further information on the company's ROE figures for the respective quarters is required to conduct a thorough analysis of Avis Budget Group Inc's return on equity and its implications for stakeholders.
Peer comparison
Dec 31, 2023