Avis Historical Income Statement

CAR Stock

USD 109.07 0.23 0.21%

Historical analysis of Avis Budget income statement accounts such as Interest Expense of 359.9 M, Selling General Administrative of 1.2 B or Total Revenue of 7 B can show how well Avis Budget Group performed in making a profits. Evaluating Avis Budget income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Avis Budget's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Avis Budget Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Avis Budget Group is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avis Budget Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About Avis Income Statement Analysis

Avis Budget Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Avis Budget shareholders. The income statement also shows Avis investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Avis Budget Income Statement Chart

At this time, Avis Budget's Income Tax Expense is relatively stable compared to the past year. As of 11/30/2024, Extraordinary Items is likely to grow to about 267.6 M, while Total Revenue is likely to drop slightly above 7 B.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Interest Income

Total Revenue

Total revenue comprises all receipts Avis Budget Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Avis Budget Group minus its cost of goods sold. It is profit before Avis Budget operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Avis Budget Group. It is also known as Avis Budget overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Most accounts from Avis Budget's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Avis Budget Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avis Budget Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

	2021	2022	2023	2024 (projected)
Interest Expense	218M	250M	296M	359.9M
Depreciation And Amortization	2.5B	2.8B	3.5B	3.6B

Interest Expense Depreciation And Amortization

Avis Budget income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Extraordinary Items	Minority Interest	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.61	0.38	0.35	0.18	0.16	0.73	0.54	0.92	0.6	-0.26	0.63	-0.79	0.65	0.52	0.41	-0.23	-0.43	0.67	0.46	-0.53	0.6	0.75	0.63	-0.01
Interest Expense	0.61		0.71	0.6	0.42	0.57	0.6	0.37	0.61	0.71	0.1	0.44	-0.67	0.47	0.32	0.91	-0.79	-0.89	0.49	0.23	-0.49	0.41	0.46	0.51	0.19
Selling General Administrative	0.38	0.71		0.94	0.73	0.93	0.58	0.52	0.5	0.6	0.46	0.52	-0.34	0.54	0.42	0.85	-0.8	-0.85	0.56	-0.28	-0.25	0.43	0.48	0.45	0.08
Total Revenue	0.35	0.6	0.94		0.84	0.93	0.58	0.67	0.52	0.38	0.57	0.58	-0.2	0.58	0.53	0.75	-0.74	-0.78	0.58	-0.19	-0.27	0.49	0.45	0.44	-0.19
Gross Profit	0.18	0.42	0.73	0.84		0.78	0.47	0.7	0.43	-0.03	0.82	0.57	0.15	0.55	0.62	0.58	-0.61	-0.62	0.53	-0.17	-0.17	0.49	0.14	0.27	-0.55
Other Operating Expenses	0.16	0.57	0.93	0.93	0.78		0.29	0.35	0.25	0.34	0.69	0.26	-0.12	0.27	0.21	0.81	-0.86	-0.84	0.28	-0.27	-0.02	0.16	0.28	0.16	-0.02
Operating Income	0.73	0.6	0.58	0.58	0.47	0.29		0.87	0.92	0.58	-0.11	0.97	-0.5	0.98	0.86	0.41	-0.21	-0.4	0.98	0.04	-0.72	0.94	0.63	0.89	-0.18
Ebit	0.54	0.37	0.52	0.67	0.7	0.35	0.87		0.81	0.17	0.22	0.95	-0.16	0.93	0.95	0.28	-0.17	-0.32	0.91	0.05	-0.59	0.92	0.47	0.73	-0.56
Ebitda	0.92	0.61	0.5	0.52	0.43	0.25	0.92	0.81		0.52	-0.1	0.88	-0.62	0.89	0.79	0.42	-0.23	-0.44	0.9	0.3	-0.65	0.85	0.71	0.79	-0.23
Cost Of Revenue	0.6	0.71	0.6	0.38	-0.03	0.34	0.58	0.17	0.52		-0.4	0.37	-0.8	0.43	0.15	0.6	-0.41	-0.54	0.47	-0.08	-0.41	0.34	0.62	0.6	0.62
Total Operating Expenses	-0.26	0.1	0.46	0.57	0.82	0.69	-0.11	0.22	-0.1	-0.4		0.02	0.48	-0.01	0.15	0.4	-0.56	-0.45	-0.04	-0.21	0.27	-0.06	-0.25	-0.27	-0.5
Income Before Tax	0.63	0.44	0.52	0.58	0.57	0.26	0.97	0.95	0.88	0.37	0.02		-0.29	1.0	0.94	0.29	-0.12	-0.29	0.99	-0.02	-0.64	0.97	0.52	0.84	-0.38
Total Other Income Expense Net	-0.79	-0.67	-0.34	-0.2	0.15	-0.12	-0.5	-0.16	-0.62	-0.8	0.48	-0.29		-0.34	-0.1	-0.49	0.31	0.48	-0.36	-0.38	0.45	-0.28	-0.78	-0.49	-0.46
Net Income	0.65	0.47	0.54	0.58	0.55	0.27	0.98	0.93	0.89	0.43	-0.01	1.0	-0.34		0.9	0.31	-0.13	-0.31	0.99	-0.04	-0.63	0.95	0.55	0.86	-0.32
Income Tax Expense	0.52	0.32	0.42	0.53	0.62	0.21	0.86	0.95	0.79	0.15	0.15	0.94	-0.1	0.9		0.19	-0.07	-0.21	0.92	0.07	-0.64	0.97	0.38	0.71	-0.56
Extraordinary Items	0.41	0.91	0.85	0.75	0.58	0.81	0.41	0.28	0.42	0.6	0.4	0.29	-0.49	0.31	0.19		-0.97	-0.99	0.33	0.01	-0.24	0.22	0.36	0.29	0.17
Minority Interest	-0.23	-0.79	-0.8	-0.74	-0.61	-0.86	-0.21	-0.17	-0.23	-0.41	-0.56	-0.12	0.31	-0.13	-0.07	-0.97		0.97	-0.14	0.01	0.09	-0.04	-0.21	-0.07	-0.1
Selling And Marketing Expenses	-0.43	-0.89	-0.85	-0.78	-0.62	-0.84	-0.4	-0.32	-0.44	-0.54	-0.45	-0.29	0.48	-0.31	-0.21	-0.99	0.97		-0.32	-0.06	0.23	-0.22	-0.39	-0.27	-0.1
Net Income From Continuing Ops	0.67	0.49	0.56	0.58	0.53	0.28	0.98	0.91	0.9	0.47	-0.04	0.99	-0.36	0.99	0.92	0.33	-0.14	-0.32		-0.01	-0.66	0.97	0.56	0.87	-0.27
Non Recurring	0.46	0.23	-0.28	-0.19	-0.17	-0.27	0.04	0.05	0.3	-0.08	-0.21	-0.02	-0.38	-0.04	0.07	0.01	0.01	-0.06	-0.01		-0.44	0.07	0.19	-0.03	-0.24
Non Operating Income Net Other	-0.53	-0.49	-0.25	-0.27	-0.17	-0.02	-0.72	-0.59	-0.65	-0.41	0.27	-0.64	0.45	-0.63	-0.64	-0.24	0.09	0.23	-0.66	-0.44		-0.71	-0.4	-0.6	0.16
Tax Provision	0.6	0.41	0.43	0.49	0.49	0.16	0.94	0.92	0.85	0.34	-0.06	0.97	-0.28	0.95	0.97	0.22	-0.04	-0.22	0.97	0.07	-0.71		0.51	0.82	-0.39
Interest Income	0.75	0.46	0.48	0.45	0.14	0.28	0.63	0.47	0.71	0.62	-0.25	0.52	-0.78	0.55	0.38	0.36	-0.21	-0.39	0.56	0.19	-0.4	0.51		0.53	0.19
Net Interest Income	0.63	0.51	0.45	0.44	0.27	0.16	0.89	0.73	0.79	0.6	-0.27	0.84	-0.49	0.86	0.71	0.29	-0.07	-0.27	0.87	-0.03	-0.6	0.82	0.53		0.04
Reconciled Depreciation	-0.01	0.19	0.08	-0.19	-0.55	-0.02	-0.18	-0.56	-0.23	0.62	-0.5	-0.38	-0.46	-0.32	-0.56	0.17	-0.1	-0.1	-0.27	-0.24	0.16	-0.39	0.19	0.04

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Avis Budget Account Relationship Matchups

Avis Budget income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	207M	2.6B	2.5B	2.8B	3.5B	3.6B
Interest Expense	178M	231M	218M	250M	296M	359.9M
Selling General Administrative	1.2B	703M	1.1B	1.3B	1.5B	1.2B
Total Revenue	9.2B	5.4B	9.3B	12.0B	12.0B	7.0B
Gross Profit	6.8B	3.7B	7.8B	10.8B	4.8B	4.7B
Other Operating Expenses	8.6B	5.9B	7.2B	8.1B	8.8B	6.1B
Operating Income	579M	(529M)	2.1B	3.9B	3.2B	3.4B
Ebit	579M	(387M)	2.3B	4.3B	2.2B	1.1B
Ebitda	786M	2.2B	4.7B	7.1B	5.7B	5.9B
Cost Of Revenue	2.4B	1.7B	1.5B	1.2B	7.2B	7.6B
Total Operating Expenses	6.2B	4.2B	5.7B	6.9B	1.6B	1.5B
Income Before Tax	287M	(956M)	1.7B	3.6B	1.9B	2.0B
Total Other Income Expense Net	(292M)	(965M)	(423M)	(270M)	(1.3B)	(1.2B)
Net Income	302M	(684M)	1.3B	2.8B	1.6B	1.7B
Income Tax Expense	(15M)	(272M)	425M	880M	279M	293.0M
Net Income Applicable To Common Shares	272M	(684M)	1.3B	2.8B	2.5B	2.6B
Selling And Marketing Expenses	121M	54M	81M	64M	(81M)	(77.0M)
Net Income From Continuing Ops	272M	(684M)	1.3B	2.8B	1.8B	1.9B
Non Recurring	(22M)	(80M)	118M	64M	19M	21.9M
Non Operating Income Net Other	(19M)	(12M)	(9M)	(136M)	(156.4M)	(148.6M)
Tax Provision	(15M)	(272M)	425M	880M	469M	492.5M
Net Interest Income	(522M)	(549M)	(531M)	(250M)	(290M)	(304.5M)
Reconciled Depreciation	3.1B	2.6B	272M	225M	3.4B	3.6B

Pair Trading with Avis Budget

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avis Budget position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avis Budget will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avis Stock

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0.72	WLFC	Willis Lease Finance	Pair Corr
0.64	AER	AerCap Holdings NV	Pair Corr

Moving against Avis Stock

0.77	YAYO	Yayyo Inc	Pair Corr
0.6	ZCAR	Zoomcar Holdings Symbol Change	Pair Corr
0.57	MWG	Multi Ways Holdings	Pair Corr
0.35	TRTN-PD	Triton International	Pair Corr
0.32	GSL	Global Ship Lease	Pair Corr

The ability to find closely correlated positions to Avis Budget could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avis Budget when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avis Budget - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avis Budget Group to buy it.

The correlation of Avis Budget is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avis Budget moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avis Budget Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avis Budget can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Avis Stock Analysis

When running Avis Budget's price analysis, check to measure Avis Budget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.

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Avis Historical Income Statement

About Avis Income Statement Analysis

Avis Budget Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Interest Income

Avis Budget income statement Correlations

Avis Budget Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Avis Budget income statement Accounts

Pair Trading with Avis Budget

Moving together with Avis Stock

Moving against Avis Stock

Additional Tools for Avis Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income	+ 1.0	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Income Before Tax
Net Income From Continuing Ops	+ 0.99	Net Income
Net Income	+ 0.98	Operating Income
Net Income From Continuing Ops	+ 0.98	Operating Income
Income Before Tax	+ 0.97	Operating Income

Selling And Marketing Expenses	- 0.99	Extraordinary Items
Minority Interest	- 0.97	Extraordinary Items
Selling And Marketing Expenses	- 0.89	Interest Expense
Minority Interest	- 0.86	Other Operating Expenses
Selling And Marketing Expenses	- 0.85	Selling General Administrative
Selling And Marketing Expenses	- 0.84	Other Operating Expenses