What were the total revenues for Dollar Rent A Car's International RAC segment in 2023?
Dollar_Rent_A_Car Franchise · 2025 FDDAnswer from 2025 FDD Document
| (In millions) | Americas RAC | International | Total |
|---|---|---|---|
| RAC | |||
| Revenues | $ 7,398 | $ 1,651 | $ 9,049 |
| Significant segment expenses: | |||
| Direct vehicle and operating | 4,726 | 971 | 5,697 |
| Depreciation of revenue earning vehicles and lease charges, net(1) | 3,198 | 413 | 3,611 |
| Selling, general and administrative | 482 | 244 | 726 |
| Other segment items(2) | 349 | (8) | 341 |
| Segment profit (loss): Adjusted EBITDA | $ (1,357) $ | 31 | $ (1,326) |
| Corporate(3) | (215) | ||
| Total Hertz Global and Hertz Adjusted EBITDA | (1,541) | ||
| Adjustments: | |||
| Non-vehicle depreciation and amortization | (139) | ||
| Non-vehicle debt interest, net | (375) | ||
| Vehicle debt-related charges(4) | (45) | ||
| Restructuring and restructuring related charges(5) | (66) | ||
| Unrealized gains (losses) on financial instruments(6) | (7) | ||
| Non-cash stock-based compensation forfeitures(7) | 64 | ||
| Bankruptcy-related litigation reserve(8) | (292) | ||
| Long-Lived Assets impairment(9) |
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 total revenues for the International RAC (Rental Car) segment in 2023 were $1,649 million. This figure represents the revenue generated specifically from Dollar Rent A Car's international rental car operations during that year.
For a prospective franchisee, this revenue figure provides insight into the scale and performance of Dollar Rent A Car's international business. It can be used to benchmark against other rental car franchises or independent operations to assess the relative market position of Dollar Rent A Car. Understanding the revenue generated by the international segment can also help potential franchisees evaluate the growth opportunities and stability of the brand on a global scale.
It's important to note that this revenue figure is just one component of the overall financial picture. A potential franchisee should also consider the associated expenses, profitability, and capital expenditures to get a complete understanding of the financial performance of the International RAC segment. Additionally, it would be prudent to investigate the factors that contributed to this revenue, such as market conditions, competition, and operational efficiency, to assess the sustainability of these revenues.