ARVAL FLEET SERVICES : revenue, balance sheet and financial ratios

ARVAL FLEET SERVICES is a French company founded 52 years ago, specialized in the sector Location de longue durée de voitures et de véhicules automobiles légers. Based in PARIS (75009), this company of category GE shows in 2024 a revenue of 165.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ARVAL FLEET SERVICES (SIREN 300773413)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 164 985 295 € 182 917 787 € 172 426 053 € 174 366 011 € 174 865 447 € 182 474 175 € 202 865 663 € 210 263 664 € 224 760 087 €
Net income -2 653 365 € 4 931 513 € 210 668 € 18 761 139 € 5 004 912 € 12 799 238 € 10 979 817 € 650 753 € 32 767 111 €
EBITDA 91 259 486 € 101 667 055 € 99 713 899 € 106 046 313 € 106 694 500 € 112 736 634 € 125 962 537 € 140 235 857 € 148 700 331 €
Net margin -1.6% 2.7% 0.1% 10.8% 2.9% 7.0% 5.4% 0.3% 14.6%

Revenue and income statement

In 2024, ARVAL FLEET SERVICES achieves revenue of 165.0 M€. Activity remains stable over the period (CAGR: -3.8%). Slight decline of -10% vs 2023. After deducting consumption (287 k€), gross margin stands at 164.7 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 91.3 M€, representing 55.3% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -2.7 M€ (-1.6% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

164 985 295 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

164 698 054 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

91 259 486 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

12 858 581 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-2 653 365 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

55.3%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 89%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 47%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 63.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

88.745%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

47.489%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

63.069%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

4.043

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

72.3%

Solvency indicators evolution
ARVAL FLEET SERVICES

Sector positioning

Debt ratio
88.75 2024
2022
2023
2024
Q1: 0.0
Med: 52.09
Q3: 260.67
Average +7 pts over 3 years

In 2024, the debt ratio of ARVAL FLEET SERVICES (88.75) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
47.49% 2024
2022
2023
2024
Q1: 4.51%
Med: 24.09%
Q3: 51.07%
Good

In 2024, the financial autonomy of ARVAL FLEET SERVICES (47.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
4.04 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 1.27 years
Q3: 3.63 years
Watch +19 pts over 3 years

In 2024, the repayment capacity of ARVAL FLEET SERVICES (4.04) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 74.28. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 16.8x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

74.278

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

16.83

Liquidity indicators evolution
ARVAL FLEET SERVICES

Sector positioning

Liquidity ratio
74.28 2024
2022
2023
2024
Q1: 79.61
Med: 167.54
Q3: 370.44
Watch -45 pts over 3 years

In 2024, the liquidity ratio of ARVAL FLEET SERVICES (74.28) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
16.83x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.37x
Q3: 11.14x
Excellent +19 pts over 3 years

In 2024, the interest coverage of ARVAL FLEET SERVICES (16.8x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 35 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The company must finance 17 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-584 days): operations structurally generate cash. Notable WCR improvement over the period (-448%), freeing up cash.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-267 497 258 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

35 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

18 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

1 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-584 j

WCR and payment terms evolution
ARVAL FLEET SERVICES

Positioning of ARVAL FLEET SERVICES in its sector

Comparison with sector Location de longue durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of ARVAL FLEET SERVICES is estimated at 825 885 516 € (range 172 294 781€ - 1 115 035 681€). With an EBITDA of 91 259 486€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
276 transactions
172294k€ 825885k€ 1115035k€
825 885 516 € Range: 172 294 781€ - 1 115 035 681€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
91 259 486 € × 11.9x
Estimation 1 090 407 861 €
221 737 195€ - 1 483 669 327€
Revenue Multiple 30%
164 985 295 € × 2.33x
Estimation 385 014 941 €
89 890 758€ - 500 646 274€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Location de longue durée de voitures et de véhicules automobiles légers)

Compare ARVAL FLEET SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Location de longue durée de voitures et de véhicules automobiles légers

Frequently asked questions about ARVAL FLEET SERVICES

What is the revenue of ARVAL FLEET SERVICES ?

The revenue of ARVAL FLEET SERVICES in 2024 is 165.0 M€.

Is ARVAL FLEET SERVICES profitable?

ARVAL FLEET SERVICES recorded a net loss in 2024.

Where is the headquarters of ARVAL FLEET SERVICES ?

The headquarters of ARVAL FLEET SERVICES is located in PARIS (75009), in the department Paris.

Where to find the tax return of ARVAL FLEET SERVICES ?

The tax return of ARVAL FLEET SERVICES is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does ARVAL FLEET SERVICES operate?

ARVAL FLEET SERVICES operates in the sector Location de longue durée de voitures et de véhicules automobiles légers (NAF code 77.11B). See the 'Sector positioning' section above to compare the company with its competitors.