AVIS BUDGET GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.65B | $11.79B | $12.01B | $11.99B | $9.31B | $5.40B | $9.17B | $9.12B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.45B | $1.35B | $1.41B | $1.35B | $1.15B | $703.0M | $1.24B | $1.22B |
| Operating Income | $-507.0M | $-2.27B | $2.21B | $3.89B | $1.93B | $-725.0M | $465.0M | $455.0M |
| Operating Margin | -4.4% | -19.2% | 18.4% | 32.4% | 20.7% | -13.4% | 5.1% | 5.0% |
| Interest Expense | $422.0M | $358.0M | $296.0M | $250.0M | $218.0M | $231.0M | $178.0M | $188.0M |
| Pretax Income | $-929.0M | $-2.63B | $1.91B | $3.64B | $1.71B | $-956.0M | $287.0M | $267.0M |
| Income Tax Expense | $66.0M | $-810.0M | $279.0M | $880.0M | $425.0M | $-272.0M | $-15.0M | $102.0M |
| Net Income | $-889.0M | $-1.82B | $1.63B | $2.76B | $1.29B | $-684.0M | $302.0M | $165.0M |
| Net Margin | -7.6% | -15.4% | 13.6% | 23.0% | 13.8% | -12.7% | 3.3% | 1.8% |
| EPS (Basic) | $-25.25 | $-51.23 | $42.57 | $58.41 | $19.79 | $-9.71 | $4.01 | $2.08 |
| EPS (Diluted) | $-25.25 | $-51.23 | $42.08 | $57.16 | $19.44 | $-9.71 | $3.98 | $2.06 |
| Shares Outstanding (Basic) | 35.2M | 35.5M | 38.3M | 47.3M | 64.9M | 70.5M | 75.2M | 79.3M |
| Shares Outstanding (Diluted) | 35.2M | 35.5M | 38.8M | 48.4M | 66.1M | 70.5M | 75.7M | 80.1M |
| Dividends Per Share | — | — | $10.00 | — | — | — | — | — |