Avis Budget Group
CAR
#3574
Rank
โ‚ฌ2.76 B
Marketcap
77,52ย โ‚ฌ
Share price
-1.52%
Change (1 day)
-56.68%
Change (1 year)

Operating Margin for Avis Budget Group (CAR)

Operating Margin as of September 2024 (TTM): 6.67%

According to Avis Budget Group 's latest financial reports and stock price the company's current Operating Margin is 6.67%. At the end of 2023 the company had an Operating Margin of 15.11%.

Operating Margin history for Avis Budget Group from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202315.11%-45.91%
202227.94%58.26%
202117.66%-202.66%
2020-17.20%-654.51%
20193.10%6.54%
20182.91%21.35%
20172.40%-25.46%
20163.22%-27.86%
20154.46%-3.35%
20144.62%278%
20131.22%-69.66%
20124.02%585.76%
20110.59%-57.54%
20101.38%-192.64%
2009-1.49%-93.36%
2008-22.47%36.49%
2007-16.46%38.33%
2006-11.90%940.69%
2005-1.14%-889.17%
20040.14%-98.81%
200312.15%8.05%
200211.24%73.9%
20016.46%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
18.10% 171.36%๐Ÿ‡บ๐Ÿ‡ธ USA
2.25%-66.27%๐Ÿ‡บ๐Ÿ‡ธ USA
4.12%-38.23%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.