AVIS BUDGET GROUP, INC. AVIS BUDGET GROUP, INC. [CAR] has reported $238 million quarterly profit, an increase of $223 million from the previous quarter, the company said in a filing to the SEC for the Q3 ended Sep 30, 2024.
Avis Budget Group reported the quarterly diluted earnings per share (EPS) rose by 1521.95 percent to $6.7 from $0.4 in the previous quarter.
Dollars in millions | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|
Income Statement |
| Revenue | $3,480.0 | $3,048.0 | | $12,008.0 |
| Net Income | $238.0 | $15.0 | -$113.0 | $1,635.0 |
| Net Cash | $5.0 | -$61.0 | -$45.0 | $2.0 |
| Gross Margin | $3,480.0 | $3,048.0 | | |
| Profit as % of Revenues | 1462.18 | 20320.00 | | |
| Profit as % of Assets | 1.31 | 0.08 | -0.34 | 5.59 |
| Profit as % of Stockholder Equity | -103.93 | -3.11 | 22.24 | -476.68 |
| Return on Equity | -103.93 | -3.11 | 5.71 | -476.68 |
| Return on Assets | 0.73 | 0.04 | -0.09 | 5.02 |
| Turnover Ratio | 19.21 | 16.51 | | 0.41 |
| EBITA | $864.0 | $791.0 | | |
Balance Sheet |
| Total Assets | $32,749.0 | $33,882.0 | $33,528.0 | $32,569.0 |
| Total Liabilities | $32,978.0 | $34,364.0 | $34,036.0 | $32,912.0 |
Cash Flow Statement |
| Operating Cash Flow | $2,746.0 | $1,473.0 | $589.0 | $3,828.0 |
| Investing Cash Flow | -$2,696.0 | -$2,555.0 | -$1,518.0 | -$7,346.0 |
| Financing Cash Flow | -$43.0 | $1,036.0 | $897.0 | $3,506.0 |
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