Gross Margin - Localiza Rent a Car SA (BOVESPA:RENT3) - Alpha Spread
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Localiza Rent a Car SA
BOVESPA:RENT3

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Localiza Rent a Car SA
BOVESPA:RENT3
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Price: 43 BRL -2.96% Market Closed
Market Cap: 45.6B BRL
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Gross Margin
Localiza Rent a Car SA

24.9%
Current
36%
Average
25.5%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
24.9%
=
Gross Profit
8.2B
/
Revenue
33B

Gross Margin Across Competitors

Country BR
Market Cap 45.7B BRL
Gross Margin
25%
Country US
Market Cap 155.1B USD
Gross Margin
32%
Country US
Market Cap 42.1B USD
Gross Margin
88%
Country CN
Market Cap 19.4B USD
Gross Margin
15%
Country US
Market Cap 17.2B USD
Gross Margin
19%
Country US
Market Cap 14.6B USD
Gross Margin
37%
Country US
Market Cap 13B EUR
Gross Margin
37%
Country SG
Market Cap 14.4B USD
Gross Margin
41%
Country US
Market Cap 13.1B USD
Gross Margin
58%
Country CA
Market Cap 12.3B USD
Gross Margin
50%
Country US
Market Cap 11.6B USD
Gross Margin
72%

Profitability Report

View the profitability report to see the full profitability analysis for Localiza Rent a Car SA.

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
24.9%
=
Gross Profit
8.2B
/
Revenue
33B
What is the Gross Margin of Localiza Rent a Car SA?

Based on Localiza Rent a Car SA's most recent financial statements, the company has Gross Margin of 24.9%.