Avis Budget Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Avis Budget Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 0% to $12,008,000,000. Profit margin reached 14%. Total operating expenses were $1,575,000,000.
Profit Margin
| 2014 | 8.49B | 245M | 2.89% |
|---|---|---|---|
| 2015 | 8.50B | 313M | 3.68% |
| 2016 | 8.65B | 163M | 1.88% |
| 2017 | 8.84B | 361M | 4.08% |
| 2018 | 9.12B | 165M | 1.81% |
| 2019 | 9.17B | 302M | 3.29% |
| 2020 | 5.40B | -684M | -12.66% |
| 2021 | 9.31B | 1.28B | 13.8% |
| 2022 | 11.99B | 2.76B | 23.04% |
| 2023 | 12.00B | 1.63B | 13.59% |
CAR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 12.00B | 11.99B | 9.31B | 5.40B | 9.17B | 9.12B | 8.84B | 8.65B | 8.50B | 8.49B |
Cost of revenue | 7.24B | 1.23B | 1.51B | 1.68B | 2.40B | 2.49B | 2.50B | 2.33B | 2.22B | 2.28B |
Gross profit | 4.76B | 10.76B | 7.80B | 3.71B | 6.76B | 6.63B | 6.34B | 6.32B | 6.28B | 6.20B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | -81M | 64M | 81M | 54M | 121M | 116M | 111M | 127M | 123M | 112M |
Total operating expenses | 1.57B | 6.85B | 5.67B | 4.24B | 6.18B | 6.05B | 5.80B | 5.68B | 5.54B | 5.51B |
Operating income | 3.19B | 3.91B | 2.13B | -529M | 579M | 516M | 476M | 585M | 685M | 696M |
Other income (expenses), net | -1.27B | -277M | -423M | -965M | -292M | -122M | -623M | -162M | -303M | -577M |
Income before tax | 1.91B | 3.63B | 1.70B | -956M | 287M | 267M | 211M | 279M | 382M | 392M |
Income tax expense | 279M | 880M | 425M | -272M | -15M | 102M | -150M | 116M | 69M | 147M |
Net income | 1.63B | 2.76B | 1.28B | -684M | 302M | 165M | 361M | 163M | 313M | 245M |
Earnings per share | ||||||||||
Basic EPS | 42.61 | 58.44 | 19.8 | -9.7 | 4.02 | 2.08 | 4.32 | 1.78 | 3.02 | 2.32 |
Diluted EPS | 42.06 | 57.11 | 19.44 | -9.7 | 3.99 | 2.06 | 4.25 | 1.75 | 2.98 | 2.22 |
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