What was the total revenue for Budget as of December 31, 2024?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
from our licensees and revenue related to our customer loyalty program, which were $246 million, $187 million, and $165 million for the years ended December 31, 2024, 2023 and 2022, respectively.
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Year Ended December 31
The following table presents our revenues disaggregated by geography:
| Year Ended December 31, |
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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 the year ended December 31, 2024, was $11,789 million. This figure represents the combined revenues from Budget's operations across the Americas, Europe, the Middle East, Africa, Asia, and Australasia.
Breaking down the revenue by region, the Americas generated $9,111 million, while Europe, the Middle East, and Africa contributed $2,045 million. Asia and Australasia accounted for $633 million. These figures provide a geographical perspective on where Budget's revenue is derived, with the Americas being the dominant market.
When evaluating the overall financial health of Budget, it's helpful to compare the 2024 revenue to previous years. In 2023, total revenues were $12,008 million, and in 2022, they were $11,994 million. This shows a slight decrease in total revenue from 2023 to 2024. Prospective franchisees should consider these trends and investigate the factors contributing to these changes to better understand the company's financial trajectory.