Avis Budget Profit Margin 2010-2023 | CAR
Current and historical gross margin, operating margin and net profit margin for Avis Budget (CAR) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Avis Budget net profit margin as of December 31, 2023 is 13.59%.
| Avis Budget Annual Profit Margins |
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| Avis Budget Quarterly Profit Margins |
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| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Transportation | Transportation - Services | $3.658B | $12.008B |
| Avis Budget Group operates as a leading vehicle rental operator and a leading global provider of mobility solutions through its three most recognized brands: Avis, Budget and Zipcar. It maintains a leading share of airport car rental revenue in N. America, Europe & Australasia and operates one of the leading truck rental businesses in the U.S. It mainly generates revenues from vehicle rental operations that include time & mileage fees charged to customers for vehicle rentals, sales of loss damage waivers and insurance and other supplemental items in conjunction with vehicle rentals, and payments from customers with respect to certain operating expenses incurred. It earns revenues for royalties and associated fees from its licensees in conjunction with their vehicle rental transactions. It has two segments: Americas, operating in the U.S. and International, operating globally. These segments provide vehicle rental operations, car sharing operations, and licensees. | |||
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