Avis Budget Group, Inc. (CAR)

Avis Budget Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	12,002	12,008	11,994	9,313	5,402	9,172
Revenue Growth (YoY)	-0.97%	0.12%	28.79%	72.40%	-41.10%	0.53%
Cost of Revenue	8,664	8,150	6,515	5,765	5,008	7,105
Gross Profit	3,338	3,858	5,479	3,548	394	2,067
Selling, General & Admin	1,409	1,408	1,348	1,145	703	1,237
Other Operating Expenses	243	235	245	341	407	353
Operating Expenses	1,652	1,643	1,593	1,486	1,110	1,590
Operating Income	1,686	2,215	3,886	2,062	-716	477
Interest Expense / Income	306	296	250	218	231	178
Other Expense / Income	9	8	-8	134	9	12
Pretax Income	1,371	1,911	3,644	1,710	-956	287
Income Tax	165	279	880	425	-272	-15
Net Income	1,206	1,632	2,764	1,285	-684	302
Net Income Growth	-52.65%	-40.96%	115.10%	-	-	83.03%
Shares Outstanding (Basic)	35	36	41	56	70	74
Shares Change	-10.13%	-12.65%	-26.54%	-18.99%	-5.61%	-4.55%
EPS (Basic)	32.34	42.57	58.41	19.79	-9.71	4.01
EPS (Diluted)	31.95	42.08	57.16	19.44	-9.71	3.98
EPS Growth	-42.89%	-26.38%	194.03%	-	-	93.20%
Free Cash Flow	-3,340	-3,227	576	-2,594	3,949	-91
Free Cash Flow Per Share	-94.16	-89.09	13.89	-45.95	56.67	-1.23
Dividend Per Share	10.000	10.000	-	-	-	-
Gross Margin	27.81%	32.13%	45.68%	38.10%	7.29%	22.54%
Operating Margin	14.05%	18.45%	32.40%	22.14%	-13.25%	5.20%
Profit Margin	10.05%	13.59%	23.04%	13.80%	-12.66%	3.29%
Free Cash Flow Margin	-27.83%	-26.87%	4.80%	-27.85%	73.10%	-0.99%
Effective Tax Rate	12.04%	14.60%	24.15%	24.85%	-	-5.23%
EBITDA	5,268	5,657	6,705	4,408	1,836	3,607
EBITDA Margin	43.89%	47.11%	55.90%	47.33%	33.99%	39.33%
Depreciation & Amortization	3,591	3,450	2,811	2,480	2,561	3,142
EBIT	1,677	2,207	3,894	1,928	-725	465
EBIT Margin	13.97%	18.38%	32.47%	20.70%	-13.42%	5.07%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).