What were Budget's revenues in the International segment for the year ended December 31, 2024?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
ordance with U.S. GAAP.
Provided below is information about our revenues, significant segment expenses, reportable segment Adjusted EBITDA and a reconciliation of reportable segment Adjusted EBITDA to income (loss) before
| Year | Ended | December | 31. | 2024 |
|---|---|---|---|---|
| Year Ended December 31, 2024 | mericas | Ir | nternational | | Total | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, the revenues for the International segment for the year ended December 31, 2024, were $2,678 million. This is in contrast to the Americas segment, which generated revenues of $9,111 million during the same period. The total revenues for Budget, combining both the Americas and International segments, amounted to $11,789 million for the year.
When evaluating the financial performance of Budget, it's important for potential franchisees to consider the relative contributions of each segment to the overall revenue. The International segment, while significant, represents a smaller portion of the total revenue compared to the Americas segment. This could reflect differences in market penetration, brand recognition, or economic conditions in the respective regions.
Prospective franchisees should also pay attention to the expenses associated with each segment, as these can impact profitability. While the document provides figures for 'significant segment expenses,' a comprehensive understanding of all costs related to the International segment would be beneficial. Understanding the revenue and expenses of each segment can help franchisees assess the potential risks and rewards of investing in a Budget franchise, particularly if they are considering opportunities in specific geographic regions.