The historical rank and industry rank for Avis Budget Group's Pretax Margin % or its related term are showing as below:
CAR'
s Pretax Margin % Range Over the Past 10 Years
Min: -17.2 Med: 3.84 Max: 27.94
Current: 11.12
CAR's Pretax Margin % is ranked better than 70.57% of 1060
companies
in the Business Services industry
Industry Median: 5.6
vs CAR: 11.12
Avis Budget Group Pretax Margin % Historical Data
The historical data trend for Avis Budget Group's Pretax Margin % 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.
Competitive Comparison of Avis Budget Group's Pretax Margin %
For the Rental & Leasing Services subindustry, Avis Budget Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
Avis Budget Group's Pretax Margin % Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Avis Budget Group's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Avis Budget Group's Pretax Margin % falls into.
Avis Budget Group Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
Avis Budget Group's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Avis Budget Group (NAS:CAR) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Avis Budget Group Pretax Margin % Related Terms
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Avis Budget Group (Avis Budget Group) Business Description
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
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