Localiza Rent a Car S.A.

São Paulo Stock Exchange RENT3.SA

Localiza Rent a Car S.A. Operating Income for the year ending December 31, 2023: USD 1.21 B

Localiza Rent a Car S.A. Operating Income is USD 1.21 B for the year ending December 31, 2023, a 20.67% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.

Localiza Rent a Car S.A. Operating Income for the year ending December 31, 2022 was USD 1.01 B, a 61.91% change year over year.
Localiza Rent a Car S.A. Operating Income for the year ending December 31, 2021 was USD 621.08 M, a 67.44% change year over year.
Localiza Rent a Car S.A. Operating Income for the year ending December 31, 2020 was USD 370.93 M, a -12.70% change year over year.
Localiza Rent a Car S.A. Operating Income for the year ending December 31, 2019 was USD 424.89 M, a 32.50% change year over year.

Key data

Date	Operating Income	EBIT	EBITDA	Net Income

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