Financial Statements

Avis Budget Group, Inc. (CAR)

$200.98

+15.94 (+8.61%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) -1,470-785-1,091-1,222-
Net Income 1,285-684302165361
Stock Dividends --14-34-1,583
Dividend Paid -----
Retained Earnings -185-1,470-785-1,091-1,222

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 11,09015,22811,61410,704-
Annual Depreciation 14,6781,35716,75113,73022,439
Capital Expenditure -10,162-5,495-13,137-12,820-11,735
Net PPE 15,60611,09015,22811,61410,704

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -1,0731,0921,1011,137
New Purchases -61-188-251-286-367
Intangible and Goodwill 1,0731,0921,1011,1371,108

Avis Budget Group, Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Avis Budget Group, Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.