AVIS BUDGET GROUP, INC. (CAR) Return on equity 2016–2019
AVIS BUDGET GROUP, INC. (CAR) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
46.0%FY2019 · since FY2016: 73.8% → 46.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2019 | 46.0% | +6.2 pp |
| FY2018 | 39.9% | -23.1 pp |
| FY2017 | 63.0% | -10.8 pp |
| FY2016 | 73.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice