On Feb. 20, Avis Budget Group
- Revenues increased to $1.3 billion, primarily because of a rise in car rentals, which was partially offset by a decline in truck rentals.
- Repayment of corporate debt reduced cash by 68.5% to $172 million.
- The company expects its domestic time and mileage revenue per rental day to increase approximately 3%-5%, and its domestic rental day volume to increase approximately 6%-8% in 2007.
- Avis has earned a four-star rating in the Motley Fool CAPS database.
(Figures in millions, except per-share data)
Income Statement Highlights
Q4 2006 |
Q4 2005 |
Change |
|
---|---|---|---|
Sales |
$1,332 |
$1,325 |
0.5% |
Net Profit |
$4.0 |
($9.0) |
N/A |
EPS |
$0.04 |
($0.09) |
N/A |
Diluted Shares |
101.6 |
101.9 |
(0.3%) |
Get back to basics with a look at the income statement.
Margin Checkup
Q4 2006 |
Q4 2005 |
Change* |
|
---|---|---|---|
Operating Margin |
1.6% |
(0.1%) |
1.7 |
Net Margin |
0.3% |
(0.7%) |
1.0 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Cash + ST Invest. |
$172 |
$546 |
(68.5%) |
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
---|---|---|---|
Corporate Debt |
$1,842 |
$3,508 |
(47.5%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
No data available.
Segment Revenue
2006 |
2005 |
Change |
|
---|---|---|---|
Domestic Car Rental |
$1,029 |
$1,009 |
2.0% |
Int. Car Rental |
$187 |
$172 |
8.7% |
Truck Rental |
$101 |
$127 |
(20.5%) |
Find out why Fools always follow the money.
Related Companies:
-
Ryder System
(NYSE:R) -
United Rentals
(NYSE:URI) -
McGrath Rent
(NASDAQ:MGRC) -
Aaron Rents
(NYSE:RNT)
Related Foolishness:
Need new ideas for your money? Talk stocks with other investors and our analysts when you give our newsletters a try.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.