Avis Budget Group Inc (CAR)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | -2,327,000 | -238,000 | -490,000 | -515,000 | -349,000 | -33,000 | -129,000 | -444,000 | -703,000 | -509,000 | -654,000 | -992,000 | -220,000 | -198,000 | 92,000 | -316,000 | -155,000 | -76,000 | -153,000 | 292,000 |
| ROE | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 198.91% | — | — | — | — | 80.48% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-1,821,000K ÷ $-2,327,000K
= —
Based on the provided data, the return on equity (ROE) for Avis Budget Group Inc as of June 30, 2021, was notably high at 198.91%. This indicates that for every dollar of shareholder equity invested in the company, Avis Budget Group generated a return of 198.91%.
However, for the remaining periods, the ROE figures are not available, as they are indicated as "—". This lack of data for subsequent periods limits our ability to track and analyze the trend of Avis Budget Group's ROE over time.
It is important to note that ROE is a key profitability ratio that measures a company's ability to generate profits from its shareholder's equity. A high ROE percentage, such as the one recorded in June 2021, suggests that Avis Budget Group efficiently utilized its equity to generate profits for shareholders. Investors and analysts typically view a consistently high ROE positively as it indicates strong performance and efficient capital allocation within the company.
Peer comparison
Dec 31, 2024