Logo
  • Home
  • AI Agent
  • Annotations
  • Watchlists
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

Logo
CAR US​

Avis Budget Group, Inc.(CAR US)

$101.34-0.210.21%Ext:$102.03+0.690.68%(Market Closed · 23:56:40 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Avis Budget Group, Inc. — Company Profile

Avis Budget Group, Inc. is a prominent global provider of diverse mobility solutions, delivering vehicle rental services for both cars and trucks, alongside car-sharing options, to a broad clientele encompassing businesses and individual consumers. The company's brand portfolio includes Avis, which focuses on providing premium vehicle rentals and comprehensive mobility solutions to both commercial and leisure segments of the travel industry. For truck and cargo van rentals, the Budget Truck brand operates a fleet of approximately 20,000 vehicles. These are available for local and one-way hire through a vast network of roughly 465 dealer-operated and 385 company-owned locations across the continental United States, catering to both residential and light commercial needs. Furthermore, the company manages Zipcar, a well-known car-sharing network, and an array of other car rental brands such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. Beyond its core vehicle offerings, Avis Budget Group supplies an extensive range of supplementary products and services. These include various optional insurance covers, such as supplemental liability, personal accident, personal effects protection, emergency sickness, and insurance for automobile towing and cargo. Customers can also access fuel service plans, roadside assistance, electronic toll collection, curbside delivery, and rentals for items like tablets, satellite radio access, portable navigation units, and child safety seats. For moving purposes, the company provides automobile towing equipment and essential accessories such as hand trucks, furniture pads, and moving supplies. Additionally, corporate clients benefit from a Business Intelligence solution, an online platform designed for managing their corporate travel needs. With a significant international presence, Avis Budget Group, Inc. operates at approximately 10,400 locations across the globe. Founded in 1946 and headquartered in Parsippany, New Jersey, the company was formerly named Cendant Corporation before adopting its current name in September 2006.

Exchange
UQ
CEO
Brian J. Choi
Headquarters
Parsippany, NJ, US
IPO Date
Sep 14, 1983
Employees
21,000
Website
www.avisbudgetgroup.com

Key Metrics

Price
$111.22
Market Cap
$3.93B
Revenue (TTM)
$2.53B
Net Income (TTM)
$-283000000.00
EPS (TTM)
-8.02
P/E (TTM)
-5.89
P/B (TTM)
-1.15
Dividend Yield
5.19%
ROE (TTM)
8.29%
ROA (TTM)
-0.92%
Operating Margin
1.90%
Beta
0.81

Dividends

Last Dividend
$10.00
Last Yield
0.05%

Summary

Avis Budget Group, Inc. is a prominent global provider of diverse mobility solutions, delivering vehicle rental services for both cars and trucks, alongside car-sharing options, to a broad clientele encompassing businesses and individual consumers. The company's brand portfolio includes Avis, which focuses on providing premium vehicle rentals and comprehensive mobility solutions to both commercial and leisure segments of the travel industry. For truck and cargo van rentals, the Budget Truck brand operates a fleet of approximately 20,000 vehicles. These are available for local and one-way hire through a vast network of roughly 465 dealer-operated and 385 company-owned locations across the continental United States, catering to both residential and light commercial needs. Furthermore, the company manages Zipcar, a well-known car-sharing network, and an array of other car rental brands such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. Beyond its core vehicle offerings, Avis Budget Group supplies an extensive range of supplementary products and services. These include various optional insurance covers, such as supplemental liability, personal accident, personal effects protection, emergency sickness, and insurance for automobile towing and cargo. Customers can also access fuel service plans, roadside assistance, electronic toll collection, curbside delivery, and rentals for items like tablets, satellite radio access, portable navigation units, and child safety seats. For moving purposes, the company provides automobile towing equipment and essential accessories such as hand trucks, furniture pads, and moving supplies. Additionally, corporate clients benefit from a Business Intelligence solution, an online platform designed for managing their corporate travel needs. With a significant international presence, Avis Budget Group, Inc. operates at approximately 10,400 locations across the globe. Founded in 1946 and headquartered in Parsippany, New Jersey, the company was formerly named Cendant Corporation before adopting its current name in September 2006.

Website
www.avisbudgetgroup.com
Location
Parsippany, NJ, US
Phone973 496 4700
Employees21,000
CEOBrian J. Choi
IPO DateSep 14, 1983

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.

Latest Documents

SEC Filings(3.2K)

Expand
  • 8-KOther Events6 Oct
  • 8-KEntry into a Material Definitive Agreement24 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers1 Sep
  • 4Statement of changes in beneficial ownership11 Aug
  • 144Simhambhatla Ravi7 Aug
  • 10-QQ2ended 30 Jun 202629 Jul
  • 8-KResults of Operations and Financial Condition28 Jul
  • 4Statement of changes in beneficial ownership28 Jul
  • 4Statement of changes in beneficial ownership27 Jul
  • 8-KEntry into a Material Definitive Agreement1 Jul
  • 3Goldenberg Christina M.23 Jun
  • 8-KOther Events22 Jun
  • 8-KEntry into a Material Definitive Agreement12 Jun
  • 8-KOther Events1 Jun
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers29 May
  • 8-KSubmission of Matters to a Vote of Security Holders21 May
  • 4/AHalbower Matthew12 May
  • 4/AHalbower Matthew12 May
  • 4/AHalbower Matthew12 May
  • 4/AHalbower Matthew12 May

News

  • TG Therapeutics Announces Phase 1 Data Evaluating Azer-cel in Progressive Multiple Sclerosis in a Late-Breaking Oral Presentation at MSToronto202623 Oct
  • Avis Budget Group Inc (CAR) Shares Fall 4.0% -- What GF Score of 72 Tells Investors21 Oct
  • New Strong Sell Stocks for October 20th20 Oct
  • Xenetic Biosciences and PeriNess Announce First Patient Dosed in Investigator-Initiated Study at Tel Aviv Sourasky University Medical Center Evaluating Systemic DNase in Combination with CAR T Cells for Large B-Cell Lymphoma15 Oct
  • Legend Biotech Announces U.S. FDA Clearance of IND Application for LB2501, an Investigational CD19/CD20 In Vivo CAR-T Therapy15 Oct
  • Lakefront Announces Sale of Preclinical CAR-T Programs to Armed Cell Therapeutics14 Oct
  • Anixa Biosciences' Ovarian Cancer CAR-T Therapy Inventor to Deliver Keynote at Ovarian Cancer Midwest Focus Conference13 Oct
  • Hertz Rebounds 16% From a Record Low; Avis Climbs 5%, Ryder Ticks Up6 Oct
  • Anixa Biosciences Announces First Case of Stable Disease for Three Months in Ovarian Cancer CAR-T Clinical Trial5 Oct
  • Can Higher Fleet Utilization Boost Avis Budget's Profitability?1 Oct
  • Legend Biotech Launches Inaugural ELITE Grant Program to Advance the Next Generation of CAR-T Innovation in Multiple Myeloma1 Oct
  • Anixa Biosciences Announces Treatment of Second Patient in the Fifth Cohort of its Ovarian Cancer CAR-T Clinical Trial1 Oct
  • Roswell Park, Generate Biomedicines Launch Exclusive Clinical Trial of ‘Armored' CAR T Therapy for Ovarian Cancer1 Oct
  • Pomerantz Law Firm Announces the Filing of a Class Action on Behalf of Investors in Avis Budget Group, Inc. – CAR29 Sep
  • AVIS DEADLINE TODAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Avis Budget Group, Inc. Investors to Secure Counsel Before Important September 29 Deadline in Securities Class Action Against Pentwater Capital Management LP - CAR29 Sep
  • SueWallSt Reminds Shareholders of a Lead Plaintiff Deadline of September 29, 2026 in Pentwater Capital Management LP Lawsuit - CAR29 Sep
  • Portnoy Law Firm Announces Class Action on Behalf of Avis Budget Group, Inc. Investors29 Sep
  • Avis Budget Deadline: CAR Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud Lawsuit Against Pentwater Capital Management LP28 Sep
  • AVIS DEADLINE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Avis Budget Group, Inc. Investors to Secure Counsel Before Important September 29 Deadline in Securities Class Action Against Pentwater Capital Management LP - CAR28 Sep
  • Bronstein, Gewirtz & Grossman LLC Urges Avis Budget Group, Inc. Investors to Act: Class Action Filed Alleging Investor Harm28 Sep

Mentions in Filings

  • … ASDAQ: ULCC) from 2012-2015; XOJET from 2008-2010; US Airways (formerly NASDAQ: UAIR) from 2002-2004, during which he successfully guided the company through bankruptcy and returned it to profitability in 2003; and, <strong>Avis Budget Group</strong> Inc. (NASDAQ: CAR). After beginning his career as a consultant at Bain & Company, where he worked from 1983 to 1990, Mr. Siegel served in various senior management roles at Continental Airlines, Inc. (formerly NYSE: …
    Tamboran Resources CorpAvis Budget Group, Inc.·PRER14A - Preliminary proxy statement (revision)·Q2 27·20 Oct
  • … ASDAQ: ULCC) from 2012-2015; XOJET from 2008-2010; US Airways (formerly NASDAQ: UAIR) from 2002-2004, during which he successfully guided the company through bankruptcy and returned it to profitability in 2003; and, <strong>Avis Budget Group</strong> Inc. (NASDAQ: CAR). After beginning his career as a consultant at Bain & Company, where he worked from 1983 to 1990, Mr. Siegel served in various senior management roles at Continental Airlines, Inc. (formerly NYSE: …
    Tamboran Resources CorpAvis Budget Group, Inc.·PRE 14A - Preliminary proxy statement·Q2 27·19 Oct
  • … companies TCW Holdco LLC, AppMachine Holding B.V., Fast Slow Motion, Visionary Integration Professionals, and TechGrid, Inc. His previous board roles include Endurance International Group Holdings from 2017 to 2021, <strong>Avis Budget Group</strong> from 2013 to 2020, and Convergys Corporation from 2012 to 2018. On June 25, 2025, we entered into a Cooperation Agreement (the “Cooperation Agreement”) with Circumference Group Holding LLC and certain of its affiliat …
    RESOURCES CONNECTION, INC.Avis Budget Group, Inc.·DEF 14A - Definitive proxy statement·Q2 27·10 Sep
  • … director of the Company in October 2023, after serving as President of the Company for the prior year. Before joining the Company, Mr. Campbell was Senior Vice President, Head of Fleet Services for the Americas, at <strong>Avis Budget Group</strong> (“Avis”) since June 2022, previously serving in roles as Head of Fleet Services for the Americas since June 2021 and Vice President, Remarketing for the Americas, at Avis from March 2018 to June 2021. Prior to joinin …
    AMERICAS CARMART INCAvis Budget Group, Inc.·ARS - Annual report to security holders·FY26·14 Aug
  • … President and director in October 2023, after serving as President for the prior year. Before joining the Company in October 2022, Mr. Campbell was Senior Vice President, Head of Fleet Services for the Americas, at <strong>Avis Budget Group</strong> (“Avis”) since June 2022 and previously served as Head of Fleet Services for the Americas since June 2021 and Vice President, Remarketing for the Americas, from March 2018 to June 2021. Prior to joining Avis, Mr. Cam …
    AMERICAS CARMART INCAvis Budget Group, Inc.·DEF 14A - Definitive proxy statement·Q2 27·14 Aug
  • #\*Avis Budget Group, Inc. 2,916 335,311 \*Axon Enterprise, Inc. 1,675 809,996 AZZ, Inc. 2,564 318,680 Barrett Business Services, Inc. 1,462 55,556 BGSF, Inc. 3,900 22,347 \*Bloom Energy Corp., Class A 9,193 1,391,544
    Dimensional ETF TrustAvis Budget Group, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug

Key Stats

Trading

Px/Chg 1D$111.22 / +4.81%
Prev Close$138.73
% of 52Wk H15.79%
Avg Volume2.21M
Beta0.81
Mkt Cap3.93B
FD Mkt Cap4.73B

Float

Shrs Out/Float35.33M / 34.76M
Short Float0.15%
Days to Cover5.93
Stock Repurchased$7.00M

Current Valuation

EV31.21B
EV/EBITDA6.46
EV/Sales2.66
P/B-1.15
P/S0.33
FCF Yield-78.62%
ROE8.29%
ROA-0.92%
Current Ratio0.74

Dividend

Cash$10.00
Yield5.19%
Yield (TTM)5.19%

Estimates

P/E-5.89
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-3.753.032.22-1.96-8.58-13.49
Price / Sales1.040.700.300.302.401.51
Price / Book Value-5.40-11.92-10.40-1.53-2.05-1.12
Price / Free Cash Flow2.6714.55-0.31-0.550.89-1.24
ENTERPRISE VALUE METRICS
Enterprise Value31,115.128,731.129,528.929,081.837,138.831,095.0
Enterprise Value / Sales6.712.402.462.4713.9412.29
Enterprise Value / EBITDA22.394.024.5910.8862.1030.37
Enterprise Value / EBIT866.866.639.90-21.78-102.594,442.14

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue5.8%9,313.011,994.012,008.011,789.011,652.0
Gross Income-4.3%3,389.04,769.03,927.02,998.02,845.0
EBITDA-1.6%4,735.07,147.06,433.02,674.04,441.0
EBIT-32.4%2,255.04,336.02,983.0-1,335.0472.0
Net Income—1,285.02,764.01,632.0-1,821.0-889.0
EPS (Diluted)—19.4457.1142.06-51.23-25.26
BALANCE SHEET
Cash & ST Inv-84.9%537.0572.0559.0537.0519.0
Total Assets9.2%22,600.025,927.033,419.029,953.032,194.0
Total Liabilities11.5%22,809.026,627.033,762.032,270.035,236.0
Total Shareholder Equity94.2%-220.0-703.0-349.0-2,327.0-3,129.0
CASH FLOW
Net Operating Cash Flow-1.4%3,491.04,707.03,828.03,518.03,296.0
Cap Ex25.9%-6,085.0-4,131.0-15,458.0-10,062.0-15,274.0
Free Cash Flow46.6%-2,594.0576.0-11,630.0-6,544.0-11,978.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)101.76
Basic Shares35.33
Market Cap3,594.7
Diluted Shares35.30
Fully Diluted Shares Outstanding35.30
Fully Diluted Market Cap3,592.1
+Consolidated Debt27,672.0
−In-the-Money Convertible Debt—
+Capital Leases3,237.0
+Operating Leases—
−Cash & Equivalents-528.0
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest133.0
+Pension Liabilities—
Enterprise Value30,871.7

Segment data

Revenue

by Products and services

  • Royalty100%

Revenue

by Geography

  • Americas76%
  • Emea18%
  • Asia And Australasia5%

Related companies

Ryder System Inc

R US

Localiza Rent A Car Sa /ADR/

LZRFY US

Hertz Global Holdings, Inc

HTZ US

Stevia Nutra Corp.

STNT US

Zoomcar Holdings, Inc.

ZCAR US

Hc Liquidating, Inc.

HYREQ US

U-Haul Holding Co /NV/

UHAL US