What was the Adjusted EBITDA for Dollar Rent A Car's Americas RAC segment in 2022?
Dollar_Rent_A_Car Franchise · 2025 FDDAnswer from 2025 FDD Document
| (In millions) | Americas RAC | | International RAC | | Total | | | Year Ended December 31, 2022 | | | | | | |--------------------------------------------------------------------|------------------------------|--------------|----|----------------------|----|-------| | (In millions) | | Americas RAC | | International RAC | | Total | | Revenues | $ | 7,280 | $ | 1,405 | $ | 8,685 | | Significant segment expenses: | | | | | | | | Direct vehicle and operating | | 4,080 | | 728 | | 4,808 | | Depreciation of revenue earning vehicles and lease charges, net(1) | | 553 | | 148 | | 701 | | Selling, general and administrative | | 351 | | 180 | | 531 | | Other segment items(2) | | 4 | | (1) | | 3 | | Segment profit (loss): Adjusted EBITDA | $ | 2,292 | $ | 350 | $ | 2,642 | | Corporate(3) | | | | | | (337) | | Total Hertz Global and Hertz Adjusted EBITDA | | | | | | 2,305 | | Adjustments: | | | | | | | | Non-vehicle depreciation and amortization | | | | | | (142) | | Non-vehicle debt interest, net | | | | | | (169) | | Vehicle debt-related charges(4) | | | | | | (35) | | Restructuring and restructuring related charges(5) | | | | | | (45) |
Source: Item 23 — RECEIPTS (FDD pages 102–301)
What This Means (2025 FDD)
According to Dollar Rent A Car's 2025 Franchise Disclosure Document, the Adjusted EBITDA for the Americas RAC segment in 2022 was $2,292 million. This figure represents the segment profit or loss before certain adjustments, providing a view of the operational profitability of Dollar Rent A Car's rental car business in the Americas.
For a prospective Dollar Rent A Car franchisee, understanding the Adjusted EBITDA of the Americas RAC segment is crucial as it reflects the financial performance of the core business operations in the region. A higher Adjusted EBITDA suggests stronger profitability and efficient management of resources. This metric helps potential franchisees assess the overall health and potential of the Dollar Rent A Car business model.
It's important to note that this figure is specific to the Americas RAC segment and does not include corporate expenses or other adjustments. Franchisees should also consider other financial metrics and factors, such as revenue trends, expenses, and market conditions, to gain a comprehensive understanding of the investment opportunity. Reviewing the complete financial statements and seeking professional financial advice is recommended for making informed decisions.