Localiza Rent a Car S.A.

São Paulo Stock Exchange RENT3.SA

Localiza Rent a Car S.A. Gross Profit Margin for the year ending December 31, 2023: 28.62%

Localiza Rent a Car S.A. Gross Profit Margin is 28.62% for the year ending December 31, 2023, a -23.44% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Localiza Rent a Car S.A. Gross Profit Margin for the year ending December 31, 2022 was 37.38%, a -13.27% change year over year.
Localiza Rent a Car S.A. Gross Profit Margin for the year ending December 31, 2021 was 43.10%, a 53.26% change year over year.
Localiza Rent a Car S.A. Gross Profit Margin for the year ending December 31, 2020 was 28.12%, a 14.26% change year over year.
Localiza Rent a Car S.A. Gross Profit Margin for the year ending December 31, 2019 was 24.62%, a -6.10% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

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