What was the total revenue for Budget in 2023?
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 total revenue for Budget in 2023 was $4,478 million. This figure is part of a larger table that also includes revenue data for Avis and other sources, providing a comparative view of the company's performance across different brands. This information is crucial for potential franchisees as it offers insight into the revenue generation capability of the Budget brand within the Avis Budget Group.
Understanding the revenue figures for Budget can help prospective franchisees assess the brand's market position and growth trajectory. The FDD provides additional financial statements that offer a more detailed breakdown of revenues, expenses, and profitability. Reviewing these statements can give a clearer picture of Budget's financial health and its contribution to the overall performance of Avis Budget Group.
It is important for potential franchisees to analyze these figures in conjunction with other sections of the FDD, such as Item 19 (Financial Performance Representations), to gain a comprehensive understanding of the potential financial returns of a Budget franchise. Additionally, comparing these figures with industry benchmarks and the performance of other franchisees can provide valuable context for making an informed investment decision.