Does the table provide a summary of Budget's revenue?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year Ended December 31, | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2024 | 2023 | 2022 | ||||||
| Americas | $ 9,111 | $ 9,347 | $ 9,474 | |||||
| Europe, Middle East and Africa | 2,045 | 2,014 | 1,927 | |||||
| Asia and Australasia | 633 | 647 | 593 | |||||
| Total revenues | $ 11,789 | $ 12,008 | $ 11,994 |
The following
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, the provided table presents the company's revenues disaggregated by brand for the years 2022, 2023, and 2024. Specifically, it breaks down the total revenues into those generated by the Avis brand, the Budget brand, and other sources. This allows potential franchisees to see how Budget's revenue contributes to the overall company revenue.
For the Budget brand specifically, the revenue was $4,271 million in 2024, $4,478 million in 2023, and $4,701 million in 2022. This shows a slight decrease in revenue for the Budget brand over these three years. A prospective franchisee should investigate the reasons for this trend to assess whether it is an ongoing concern or a temporary fluctuation.
In addition to the Budget brand's revenue, the table also includes revenue figures for Avis and other sources, providing a comprehensive view of the company's overall revenue streams. Total revenues were $11,789 million in 2024, $12,008 million in 2023 and $11,994 in 2022. This broader context can help franchisees understand the relative importance of the Budget brand within the larger organization and assess the overall financial health of the company.