Localiza Rent a Car S.A.

São Paulo Stock Exchange RENT3.SA

Localiza Rent a Car S.A. EBIT Margin for the year ending December 31, 2023: 24.65%

Localiza Rent a Car S.A. EBIT Margin is 24.65% for the year ending December 31, 2023, a 71.52% change year over year. EBIT ratio is the ratio of EBIT to revenue, measuring a company's operating profitability without considering non-operating income or expenses.

Localiza Rent a Car S.A. EBIT Margin for the year ending December 31, 2022 was 14.37%, a -56.50% change year over year.
Localiza Rent a Car S.A. EBIT Margin for the year ending December 31, 2021 was 33.04%, a 76.50% change year over year.
Localiza Rent a Car S.A. EBIT Margin for the year ending December 31, 2020 was 18.72%, a 11.61% change year over year.
Localiza Rent a Car S.A. EBIT Margin for the year ending December 31, 2019 was 16.77%, a -6.92% change year over year.

Key data

Date	EBIT Margin	EPS (Basic)	EPS (Diluted)	Shares (Basic, Weighted)

São Paulo Stock Exchange: RENT3.SA

Localiza Rent a Car S.A.

CEO	Mr. Bruno Sebastian Lasansky
IPO Date	May 23, 2005
Location	Brazil
Headquarters	Avenida Bernardo Vasconcelos, 377
Employees	21,091
Sector	Consumer Discretionary
Industries Automobiles & Vehicles Electric Vehicles (EVs) Ridesharing

Description

Localiza Rent a Car S.A. engages in car rental and franchising activities. The company is also involved in selling decommissioned cars; providing car parking services; and managing car-related claims for insurance companies. As of December 31, 2021, it operated a fleet of 273,233 cars, and 620 car rental agencies in Brazil and internationally. The company serves individuals, legal entities, and corporations. The company was founded in 1973 and is headquartered in Belo Horizonte, Brazil.

Key trends

Past 5 years