5 Biggest Leasing Companies in the World

3. Localiza Rent a Car S.A. (OCTMKTS:LZRFY)

Market Capitalization as of November 13, 2022: $11.75 billion

Localiza Rent a Car S.A. (OCTMKTS:LZRFY) is a Brazilian company that provides car leasing and franchising all over the globe. The company has 273,333 cars in its portfolio and hundreds of rental agencies all over the globe. It is headquartered in Belo Horizonte, Brazil.

Localiza Rent a Car S.A. (OCTMKTS:LZRFY) added 22,000 new cars to its fleet during the second quarter of this year, and its fleet rental division had a strong order backlog of more than 20,000 cars. The company posted more than R$3 billion in revenue and an LTM return on invested capital (ROIC) of 18.1% during the quarter. Localiza Rent a Car S.A. (OCTMKTS:LZRFY) car rental revenue was R$1.3 billion during the quarter and its fleet rental revenue was R$378 million.

Localiza Rent a Car S.A. (OCTMKTS:LZRFY) has an $11.75 billion market capitalization.