Localiza Rent A Car (BSP:RENT3) Gross-Profit-to-Asset % : 17.69% (As of Mar. 2024)

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What is Localiza Rent A Car Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Localiza Rent A Car's annualized Gross Profit for the quarter that ended in Mar. 2024 was R$14,231 Mil. Localiza Rent A Car's average Total Assets over the quarter that ended in Mar. 2024 was R$80,428 Mil. Therefore, Localiza Rent A Car's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 17.69%.

Localiza Rent A Car Gross-Profit-to-Asset % Historical Data

The historical data trend for Localiza Rent A Car's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Localiza Rent A Car Gross-Profit-to-Asset % Chart

Localiza Rent A Car Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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15.03

14.56

20.54

14.62

11.29

Localiza Rent A Car Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															18.74	17.00	12.28	12.60	17.69

Competitive Comparison of Localiza Rent A Car's Gross-Profit-to-Asset %

For the Rental & Leasing Services subindustry, Localiza Rent A Car's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Localiza Rent A Car's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Localiza Rent A Car's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Localiza Rent A Car's Gross-Profit-to-Asset % falls into.

Localiza Rent A Car Gross-Profit-to-Asset % Calculation

Localiza Rent A Car's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	8272.078	/	( (65652.017	+	80947.084)	/ 2 )
	=	8272.078	/	73299.5505
	=	11.29 %

Localiza Rent A Car's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	14231.2	/	( (80947.084	+	79909.3)	/ 2 )
	=	14231.2	/	80428.192
	=	17.69 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Localiza Rent A Car Gross-Profit-to-Asset % Related Terms

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Localiza Rent A Car (BSP:RENT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Localiza Rent A Car SA (BSP:RENT3) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

LZRFY:USA

Address

Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900

Website

https://www.localiza.com

Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car (BSP:RENT3) Headlines

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