Avis Budget Group Inc logo

CARAvis Budget Group Inc

NASDAQ · Industrials · Rental & Leasing Services

$140.70

-$6.79 (-4.60%)

Avis Budget Group Inc (CAR) is a rental & leasing services company listed on NASDAQ. It is led by Jagdeep Singh Pahwa, based in 379 Interpace Parkway, Parsippany, NJ, United States, 07054, with about 17,000 employees. Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network, as well as the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on more value-conscious customers comprising Budget car rental, and Budget Truck. The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll Hire, as well as TurisPrime and RubyCa. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.

Latest reported CAR revenue for 2025-09-30 was $3.52B. Net income was $360.0M. Revenue was up 15.8% from 2025-06-30 to 2025-09-30. CAR currently screens at market cap $6.66B.

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About Avis Budget Group Inc

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers in the Americas, Europe, the Middle East and Africa, Asia, and Australasia. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; and the Zipcar brand, a car sharing network, as well as the Budget brand, a supplier of vehicle rental and other mobility solutions focused primarily on more value-conscious customers comprising Budget car rental, and Budget Truck. The company also operates various other car rental brands, such as Payless, Apex, Maggiore, Morini Rent, FranceCars, AmicoBlu, Turiscar, and ACL Hire and McNicoll Hire, as well as TurisPrime and RubyCa. The company was formerly known as Cendant Corporation and changed its name to Avis Budget Group, Inc. in September 2006. Avis Budget Group, Inc. was founded in 1946 and is based in Parsippany, New Jersey.

CAR Key Statistics

Market Cap

$6.66B

Volume

183,948

Previous Close

$146.88

Day Range

$144.73$147.47

00

EPS

-$51.23

Revenue

$11.79B

Net Income

-$1.82B

Gross Profit

$0.00

Free Cash Flow

$0.00

Revenue Growth

-1.8%

Profit Margin

-15.4%

Employees

17,000

CAR Financials

Annual income statement in USD. Latest reported periods first.

CAR annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$11.79B$12.01B$11.99B$9.31B
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$1.82B$1.64B$2.76B$1.28B
EPS (Diluted)-$51.23$42.08$57.16$19.44

Total Assets

$29.04B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$534.00M

Operating Cash Flow

$3.52B

Free Cash Flow

$0.00

Avis Budget Group Inc Company Information

Executive Chairman
Jagdeep Singh Pahwa
Headquarters
379 Interpace Parkway, Parsippany, NJ, United States, 07054
Phone
973 496 4700
IPO / Founded
1990-01-12
Industry
Rental & Leasing Services
Data Updated:

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