Sixt

Sixt

Global car rental and subscription services offering premium vehicles, flexible terms, and exceptional customer service. Learn more

Launch date
Employees
Market cap
$3.0b
Enterprise valuation
$7.0b (Public information from Sep 2024)
Pullach im Isartal Bavaria (HQ)
Corporate Venture Fund: Sixt Ventures

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2020202120222023202420252026
Revenues1.5b2.3b3.1b3.6b3.9b4.2b4.6b
% growth(54 %)49 %34 %18 %9 %8 %8 %
EBITDA409m849m1.1b1.3b1.4b1.5b1.6b
% EBITDA margin27 %37 %37 %37 %35 %35 %35 %
Profit(33.0m)313m386m335m255m337m386m
% profit margin(2 %)14 %13 %9 %6 %8 %8 %
EV / revenue3.6x3.5x1.1x2.1x1.6x1.5x1.4x
EV / EBITDA13.6x9.3x3.1x5.6x4.7x4.4x4.1x

Recent News about Sixt

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More about Sixtinfo icon
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SIXT operates as a global leader in car rental and subscription services, catering to both individual and business clients. The company offers a wide range of vehicles, from high-end convertibles to premium SUVs, ensuring that customers have access to top-quality cars for any occasion. With over 2,000 stations in more than 105 countries, SIXT has a significant global presence, making it convenient for customers to rent cars at affordable rates worldwide.

SIXT's business model revolves around providing flexible mobility solutions. For individual clients, the company offers short-term rentals, long-term rentals, and car subscriptions, allowing customers to choose the duration and type of vehicle that best suits their needs. For businesses, SIXT provides custom mobility solutions that help companies manage their fleets without the long-term commitments and obligations associated with buying or leasing vehicles.

Revenue is generated through rental fees, subscription plans, and additional services such as insurance and maintenance. The company's intelligent pricing system allows customers to decide spontaneously on the duration of their rental, whether it be for a few minutes or up to 27 days. This flexibility, combined with a commitment to exceptional customer service and no hidden costs, sets SIXT apart in the competitive car rental market.

Keywords: car rental, car subscription, premium vehicles, global reach, flexible terms, business solutions, intelligent pricing, exceptional service, no hidden costs, mobility solutions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Sixt

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myDriver
ACQUISITION by Sixt 2013
Autohaus24
ACQUISITION by Sixt May 2016
Renti Plus (Rent)
ACQUISITION by Sixt Jul 2023