Enterprise Increases Revenue to $19.4B

Graph showing Enterprise Holdings' growth in revenue. Chart courtesy of Enterprise Holdings.
Graph showing Enterprise Holdings' growth in revenue. Chart courtesy of Enterprise Holdings.

During fiscal year 2015, Enterprise Holdings Inc., through its regional subsidiaries, and its affiliate Enterprise Fleet Management produced double-digit growth across several business lines, grew total revenues by 8.8% to $19.4 billion and increased overall fleet size to more than 1.7 million vehicles, according to the company.

In addition, Enterprise Holdings — which owns the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands — continued to expand its U.S. airport market share and strengthen its car rental and carsharing neighborhood network.

The fiscal year ended on July 31.

“This past fiscal year was remarkable in that we were able to capitalize on new market opportunities both at the local and global level, all the while maintaining high marks in customer service,” said Pamela M. Nicholson, president and CEO of Enterprise Holdings. “Today, with operations in more than 70 countries, we’re able to fully leverage our diverse portfolio of car rental brands globally. Our expansion strategy likewise enables us to provide affordable and accessible ground transportation options to more and more consumers throughout the world.”

During fiscal year 2015, Enterprise not only reacquired the rights to operate the National and Alamo brands throughout Europe, the Middle East and Africa, but it also added new franchises in Albania, Costa Rica, Denmark, Estonia, Guatemala, Iceland, Latvia, Lithuania, Montenegro, Nicaragua, Norway, Romania, Serbia, Slovenia and Sweden.

“It’s this kind of scale and accessibility that makes our long-term transportation strategy successful,” said Nicholson, “and puts dedicated Enterprise, National and Alamo employees in an ideal position to deliver the best customer service possible, regardless of whether a rental is for an hour, a day, a week or longer.”

When it comes to its neighborhood services, more than 5,000 Enterprise, National and Alamo neighborhood branch offices are conveniently located within 90% of the U.S. population, according to the company.

Available in more than 35 states and offered through more than 125 university campuses, Enterprise CarShare’s membership grew by more than 25% to more than 175,000 members, including a strategic carsharing partnership with Washington D.C. Metro and acquisitions in Brooklyn, N.Y.

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