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Localiza Rent A Car (Localiza Rent A Car) Pretax Margin % : 9.97% (As of Mar. 2024)


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What is Localiza Rent A Car Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Localiza Rent A Car's Pre-Tax Income for the three months ended in Mar. 2024 was $174 Mil. Localiza Rent A Car's Revenue for the three months ended in Mar. 2024 was $1,744 Mil. Therefore, Localiza Rent A Car's pretax margin for the quarter that ended in Mar. 2024 was 9.97%.

The historical rank and industry rank for Localiza Rent A Car's Pretax Margin % or its related term are showing as below:

LZRFY' s Pretax Margin % Range Over the Past 10 Years
Min: 6.48   Med: 12.73   Max: 26.63
Current: 7.06


LZRFY's Pretax Margin % is ranked better than
56.37% of 1059 companies
in the Business Services industry
Industry Median: 5.45 vs LZRFY: 7.06

Localiza Rent A Car Pretax Margin % Historical Data

The historical data trend for Localiza Rent A Car'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.

* Premium members only.

Localiza Rent A Car Pretax Margin % Chart

Localiza Rent A Car Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.59 13.85 26.63 13.60 6.48

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
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.35 -4.05 10.23 10.53 9.97

Competitive Comparison of Localiza Rent A Car's Pretax Margin %

For the Rental & Leasing Services subindustry, Localiza Rent A Car'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.


Localiza Rent A Car's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Localiza Rent A Car's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Localiza Rent A Car's Pretax Margin % falls into.



Localiza Rent A Car 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.

Localiza Rent A Car's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=382.506/5898.666
=6.48 %

Localiza Rent A Car's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=173.983/1744.327
=9.97 %

* 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.


Localiza Rent A Car  (OTCPK:LZRFY) 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.


Localiza Rent A Car Pretax Margin % Related Terms

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Localiza Rent A Car (Localiza Rent A Car) Business Description

Traded in Other Exchanges
Address
Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900
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 (Localiza Rent A Car) Headlines

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