Enterprise Holdings Releases 2012 Fiscal Report, Sustainability Update

Enterprise Holdings — which owns and operates Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car — provided highlights on Oct. 26 of its 2012 fiscal year, including an updated “Corporate Sustainability Report.”

According to Enterprise Holdings, the company generated $13.5 billion in revenue during fiscal year 2012, achieving record revenue and profitability for the third year in a row. As a privately held business, Enterprise Holdings does not disclose net income.

Enterprise Holdings is held by the Taylor family of St. Louis, who also owns Enterprise Fleet Management, the fleet management company that provides services to medium and small commercial fleets. Together, the two companies accounted for more than $15 billion in revenues this past fiscal year, or 6% in year-over-year combined revenue growth, according to Enterprise.

Combined, Enterprise Holdings and Enterprise Fleet Management also accounted for:

  • Total worldwide assets: $27.3 billion, an increase of $3.8 billion from a year ago.
  • Global fleet: more than 1.2 million cars/trucks.
  • Sales of used vehicles: more than 64,000 directly to consumers through the company’s retail car sales division, now operating more than 130 car sales locations across the country.
  • Corporate travel revenues: more than $2.5 billion.

“The continued strength of our unsurpassed Enterprise Rent-A-Car brand and the successful integration of the National and Alamo brands at the airport have fueled our ability to extend our reach and serve customers in new markets,” said chairman and CEO Andrew C. Taylor. “Our performance this past year is, once again, a tribute to our employees. Their unwavering focus on providing consistently exceptional service continues to reward our business with loyal customers, solid growth and a healthy bottom line.”

Sustainability Report

Earlier this year Enterprise announced the Driving Futures Network, consisting of Enterprise Rent-A-Car branches designed to make electric vehicles and hybrids more accessible and convenient for customers.

In addition, Enterprise’s car sharing continued to expand in municipalities, on military bases, and on corporate and college campuses during the past fiscal year. The company also acquired car sharing programs in Philadelphia, New York and Boston, officially annoucing a name change to Enterprise Car Share.

The company’s efforts also include working in partnership with organizations such as the National League of Cities' Sustainable Cities Institute, the Transportation Sustainability Research Center, the Electrification Coalition and the Department of Energy’s “Clean Cities” initiative.

According to the Enterprise Holdings Foundation, it provided more than $16.4 million in grants during fiscal 2012 and approximately 80% of the giving went to fulfill employee requests to support local community organizations. Enterprise Holdings employees — supported by corporate matching funds from the company Foundation — were the 13th largest corporate campaign contributors to the United Way in North America, according to the company.

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.


Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Trends Moving the Truck Market

Storylines that emerged from the 2018 Work Truck Show include the increasing need for on-site productivity, inclusion of active safety systems in trucks, DPF frustrations affecting product decisions, data management, and the growing link between fleet management and company revenue.

MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

What a Connected Fleet Means to Avis (and Car Rental)

Counter bypass is just the beginning. The promise of a “data-driven ecosystem” that connects renters with the rental agency, retail services, and even the city is a better managed fleet, an improved user experience, and new revenue opportunities during the rental itself.

Job Finder: Access Top Talent. Fill Key Positions.