Financial Stability

The financial strength and stability of Enterprise Holdings and its affiliate Enterprise Fleet Management are unmatched in our industry, thanks to a conservative and disciplined long-term approach to managing our business. For more than 50 years, our owners, the Taylor family, have put a significant portion of the companies' cumulative earnings right back into our privately held business – into building our operations, serving our customers and creating opportunities for our people.

It’s an approach that has helped make Enterprise Holdings the only investment-grade car rental company in North America. This stable financial footing is a distinct competitive advantage. In fact, with annual revenues of $16.4 billion and more than 78,000 employees, Enterprise Holdings and its affiliates own and operate almost 1.4 million cars and trucks, making us the largest car rental service provider in the world measured by revenue, employees and fleet.

In addition, Enterprise Holdings currently is ranked on the Forbes list of America’s Largest Private Companies. Furthermore, if Enterprise Holdings were publicly traded, it would rank on Fortune’s list of the 500 largest public companies in the U.S. In total, the annual revenues of Enterprise Holdings and Enterprise Fleet Management rank near the top of the travel industry, ahead of many airlines and most cruise lines, hotels, tour operators and online travel agencies.

Managing for the Long Term

Managing our business for the long term reaches well beyond strictly financial matters to virtually every aspect of our company.  For example, we deliver an unparalleled, diverse network of more than 6,000 neighborhood and airport branch offices located within 15 miles of 90 percent of the U.S. population. Such accessibility and agility are unique in the car rental and travel industries, and our ability to quickly respond to demand fluctuations directly mitigates the historical volatility of airport car rental.

Our philosophy is that business is a marathon, not a 100-yard dash. We approach new opportunities conservatively, always placing a higher value on the long-term impact on our business than on the potential for short-term gain. And it's not just senior management's job; this approach plays out everyday across our company in the care and discipline our local teams bring to using their resources and managing operations.

As privately owned companies, Enterprise Holdings and its affiliates do not share detailed financial information. If you require this information for credit purposes, you may request access. (Note: Available to stakeholders only. If you are a member of the media, please visit our Press Room.)

If you have an access-related question, please e-mail investorrelations@erac.com.

Enterprise Holdings: Ratings 
  Long-Term Rating Short-Term Rating Outlook
Standard & Poor's BBB+ A-2 Stable
Moody's Baa1 P-2 Stable
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Our steady long-term management approach has driven remarkable growth for Enterprise Holdings. Learn more

Sustainability Executive Summary 2013

Download our 2013 Sustainability Executive Summary for an at-a-glance view of our global sustainability initiatives or read the full 2013 Sustainability Report.

Enterprise Holdings 2013 Sustainability Executive Summary