avis budget group inc (CAR:NASDAQ GS)
As of 8:10 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).
Financial Statements for avis budget group inc (CAR)
Year over year, Avis Budget Group, Inc. has been able to grow revenues from $4.3B USD to $5.3B USD. Most impressively, the company has been able to reduce the percentage of sales devoted to income tax expense from 1.50% to 0.19%. This was a driver that led to a bottom line growth from a loss of $29.0M USD to a gain of $290.0M USD.
| Currency in Millions of US Dollars | As of: | Dec 31 2009 Reclassified | Dec 31 2010 Reclassified | Dec 31 2011 | Dec 31 2012 | 4 Year Trend |
| Revenues | 3,906.0 | 3,882.0 | 4,338.0 | 5,297.0 |  | |
| Other Revenues | 1,225.0 | 1,303.0 | 1,562.0 | 2,060.0 | | |
| TOTAL REVENUES | 5,131.0 | 5,185.0 | 5,900.0 | 7,357.0 | | |
| Cost of Goods Sold | 3,979.0 | 3,869.0 | 4,186.0 | 5,165.0 | | |
| GROSS PROFIT | 1,152.0 | 1,316.0 | 1,714.0 | 2,192.0 | | |
| Selling General & Admin Expenses, Total | 615.0 | 603.0 | 818.0 | 1,055.0 | | |
| Depreciation & Amortization, Total | 96.0 | 90.0 | 95.0 | 125.0 | | |
| OTHER OPERATING EXPENSES, TOTAL | 711.0 | 693.0 | 913.0 | 1,180.0 | | |
| OPERATING INCOME | 441.0 | 623.0 | 801.0 | 1,012.0 | | |
| Interest Expense | -447.0 | -474.0 | -505.0 | -565.0 | | |
| NET INTEREST EXPENSE | -447.0 | -474.0 | -505.0 | -565.0 | | |
| EBT, EXCLUDING UNUSUAL ITEMS | -6.0 | 149.0 | 296.0 | 447.0 | | |
| Merger & Restructuring Charges | -20.0 | -25.0 | -260.0 | -72.0 | | |
| Gain (Loss) on Sale of Investments | -33.0 | -- | -- | -- | | |
| Other Unusual Items, Total | -18.0 | -52.0 | -- | -75.0 | | |
| Legal Settlements | -18.0 | -- | -- | -- | | |
| Other Unusual Items | -- | -52.0 | -- | -75.0 | | |
| EBT, INCLUDING UNUSUAL ITEMS | -77.0 | 72.0 | 36.0 | 300.0 | | |
| Income Tax Expense | -30.0 | 18.0 | 65.0 | 10.0 | | |
| Earnings from Continuing Operations | -47.0 | 54.0 | -29.0 | 290.0 | | |
| NET INCOME | -47.0 | 54.0 | -29.0 | 290.0 | | |
| NET INCOME TO COMMON INCLUDING EXTRA ITEMS | -47.0 | 54.0 | -29.0 | 290.0 | | |
| NET INCOME TO COMMON EXCLUDING EXTRA ITEMS | -47.0 | 54.0 | -29.0 | 290.0 | | |
| Recently Viewed | |||
| CAR:US | $32.03 USD | +0.80 |  |
| Company | Last | Change |
| Accor SA | €26.92 EUR | +0.115 |
| Kuoni Reisen Holding AG | SFr.293.00 CHF | -2.00 |
| Royal Caribbean Cruises Ltd | $37.54 USD | -0.34 |
| Ryder System Inc | $62.52 USD | +1.39 |
| SAS AB | kr13.85 SEK | -0.05 |
| View Industry Companies | ||
Industry Analysis
CAR
Industry Average
| Valuation | CAR | Industry Range |
| Price/Earnings | 14.3x |
|
| Price/Sales | 0.5x |
|
| Price/Book | 4.9x |
|
| Price/Cash Flow | 8.5x |
|
| TEV/Sales | NM | Not Meaningful |
Post a JobJobs
- New York, NY |Posted: May 17
- San Francisco, CA | YelpPosted: May 02
- San Francisco, CA | YelpPosted: May 02
- New York, NY | New York UniversityPosted: Apr 19
