Dollar Thrifty Reports 2006 Financial Results
Total revenue for 2006 reached a record high of $1.7 billion.
Dollar Thrifty Automotive Group Inc. has published results for the fourth quarter and year ended December 31, 2006.
For the year ended December 31, 2006, revenue was recorded at a record high $1.7 billion, a 10.2 percent increase over the prior year. However, net income for 2006 tallied $51.7 million, a drop from the $76.4 million recorded in 2005.
The key trends cited for the fourth quarter were a very strong pricing environment and significantly higher vehicle depreciation and interest costs as compared to the prior year. Dollar Thrifty reports that the tightening of vehicle capacity and raising of rental pricing had negative effects on rental day volume.
For the fourth quarter of 2006, Dollar Thrifty reported total revenue of $392.8 million, up 11.5 percent from the comparable 2005 quarter.
Vehicle rental revenues for the fourth quarter of 2006 rose to $366.1 million, a 12.8 percent increase over 2005, as a result of a 10.8 percent increase in revenue per day and a 1.8 percent increase in rental days.
During this fourth quarter of 2006, the company acquired the Thrifty Car Rental franchises in San Antonio and Reno, and throughout 2006 they acquired a total of 12 Dollar Rent A Car and Thrifty Car Rental franchises throughout 16 cities, adding more than 6,000 vehicles to their rental fleet.
The company estimates that 2007 will bring an earnings per share rate in the range of $2.50 to $2.90, up from 2006’s recorded $2.04.
More Rental Operations

Southwest Airlines Selects CarTrawler For Its Car Rental Booking Platform
The platform is designed to allow customers to compare and book rental vehicles more easily during the travel booking process.
Read More →
Cross-Pressures, Evolving Trends Drive 2026 Rental Car Industry
A combination of cautious economic behavior, shifts in the rental vehicle market, and technological influences are shaping car rental operator decisions.
Read More →
Government Affairs Executive Wins Leading Rental Car Industry Award
Robert Muhs started in the car rental industry with Avis Budget Group two years before the first International Car Rental Show.
Read More →
Green Motion Expands Its African Presence with Mozambique Launch
This new rental car outlet reflects the growing demand for reliable transportation and the emphasis on sustainable travel across the continent.
Read More →
RentalMatics, GeoInt Partner On Rental Car Speed Tracking Tech
Rental operators can now detect and act on speeding while vehicles are still on rent, thereby reducing fines, admin workload, vehicle wear, and safety risks.
Read More →
NextPass Expands Toll Payment Service to Highway In Toronto
Fleets and consumer can use a transponder-less option when traveling between Canada and the U.S.
Read More →
Zubie, PurCo Integrate Rental Damage Detection With Telematics
The combination brings actionable vehicle insights into PurCo’s PurInspect platform, improving damage detection and operational efficiency for rental fleets.
Read More →
U.S. Length Of Rental (LOR) Declines Slightly in Q1 2026
LOR related to insurance claims overall continues to trend downward, but ongoing market and economic conditions could affect future results while the industry deals with staffing and productivity challenges.
Read More →
Hertz, Uber Deepen Roles In Self-Driving And Driver-Led Fleet Services
The business arrangement connects demand with scalable fleet management services and supports a range of mobility uses.
Read More →
Why Car Rental Can No Longer Run On Workarounds
The shift from branch-based software to connected operations is turning rental technology into strategic infrastructure.
Read More →
