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Avis Budget Group (CAR) is a Industrials company in the Russell 1000. Latest news and coverage below.
Avis Budget Group revenue & net income history (FY2016–FY2025)
RevenueNet income
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $8.66B | $8.85B | $9.12B | $9.17B | $5.40B | $9.31B | $12.0B | $12.0B | $11.8B | $11.7B |
| Growth (year over year) | +1.8% | +2.2% | +3.1% | +0.5% | −41.1% | +72.4% | +28.8% | +0.1% | −1.8% | −1.2% |
| Net income | $163.0M | $361.0M | $165.0M | $302.0M | −$684.0M | $1.28B | $2.76B | $1.63B | −$1.82B | −$889.0M |
| Net margin | 1.9% | 4.1% | 1.8% | 3.3% | −12.7% | 13.8% | 23.0% | 13.6% | −15.4% | −7.6% |
| EPS (diluted) | $1.75 | $4.25 | $2.06 | $3.98 | −$9.71 | $19.44 | $57.16 | $42.08 | −$51.23 | −$25.25 |
| Balance sheet | ||||||||||
| Cash and equivalents | $490.0M | $611.0M | $615.0M | $686.0M | $692.0M | $534.0M | $570.0M | $555.0M | $534.0M | $519.0M |
| Total assets | $17.6B | $17.7B | $19.1B | $23.1B | $17.5B | $22.6B | $25.9B | $32.6B | $29.0B | $31.3B |
| Total liabilities | $17.4B | $17.1B | $18.7B | $22.5B | $17.7B | $22.8B | $26.6B | $32.9B | $31.4B | $34.4B |
| Long-term debt | $3.24B | $3.57B | $3.53B | $3.42B | $4.19B | $3.99B | $4.64B | $4.79B | $5.37B | $6.05B |
| Shareholders' equity | $221.0M | $573.0M | $414.0M | $656.0M | −$155.0M | −$220.0M | −$703.0M | −$349.0M | −$2.33B | −$3.13B |
| Cash flow | ||||||||||
| Operating cash flow | $2.64B | $2.65B | $2.61B | $2.59B | $691.0M | $3.49B | $4.71B | $3.83B | $3.52B | $3.30B |
| Dividends paid | — | — | — | — | — | $0 | $0 | $355.0M | $0 | $0 |
| Share buybacks | $398.0M | $210.0M | $216.0M | $67.0M | $119.0M | $1.46B | $3.33B | $951.0M | $70.0M | $7.00M |
RevenueNet income
| Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $3.05B | $3.48B | $2.71B | $2.43B | $3.04B | $3.52B | $2.66B | $2.53B |
| Growth (year over year) | −2.4% | −2.4% | −2.0% | −4.7% | −0.3% | +1.1% | −1.7% | +4.1% |
| Net income | $14.0M | $237.0M | −$1.96B | −$505.0M | $4.00M | $359.0M | −$747.0M | −$283.0M |
| Net margin | 0.5% | 6.8% | −72.3% | −20.8% | 0.1% | 10.2% | −28.0% | −11.2% |
| EPS (diluted) | $0.41 | $6.65 | −$55.08 | −$14.35 | $0.10 | $10.11 | −$21.11 | −$8.01 |
| Balance sheet | ||||||||
| Cash and equivalents | $511.0M | $602.0M | $534.0M | $516.0M | $541.0M | $564.0M | $519.0M | $528.0M |
| Total assets | $33.9B | $32.7B | $29.0B | $29.0B | $32.4B | $32.5B | $31.3B | $30.6B |
| Total liabilities | $34.4B | $33.0B | $31.4B | $31.9B | $35.1B | $34.9B | $34.4B | $34.0B |
| Long-term debt | $5.23B | $5.46B | $5.37B | $5.43B | $6.04B | $6.02B | $6.05B | $6.02B |
| Shareholders' equity | −$490.0M | −$238.0M | −$2.33B | −$2.82B | −$2.75B | −$2.40B | −$3.13B | −$3.42B |
| Cash flow | ||||||||
| Operating cash flow | $884.0M | $1.27B | $772.0M | $619.0M | $837.0M | $1.40B | $437.0M | $434.0M |
| Share buybacks | $1.00M | $9.00M | $45.0M | $3.00M | $0 | $1.00M | $3.00M | $7.00M |
From Avis Budget Group's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Avis Budget Group
Avis Budget Group, Inc. is an American car rental agency holding company headquartered in Parsippany, New Jersey. It is one of the three big rental car holding companies in the United States. In 2021, it held a 26% market share, placing it behind both the Hertz Global Holdings and Enterprise Holdings. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental, and Zipcar.
Source: Wikipedia — Avis Budget Group
- Headquarters
- Parsippany, New Jersey From SEC filings, Oct 2026
Recent News (8)
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UK reviewing whether to impose tariffs on Chinese car imports to align with EU
Move would strengthen Britain’s case to be included in new legislation to protect European manufacturing
Business live – latest updates
The UK is reviewing whether to impose tariffs on Chinese car i…
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UK car industry faces ‘difficult trade-off’ between Chinese and EU markets
Britain under pressure to put tariffs on cheap Chinese vehicle imports ahead of protectionist trade measures
Britain’s car industry is grappling with a “difficult trade-off” between China and Europe, …
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Tesla's car business back on growth path as deliveries beat forecasts Tesla's car business back on growth path as deliveries beat forecasts Reuters
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UK diesel price hits record high of £2 a litre
France proposes that EU nations and IEA release oil and diesel from reserves as Iran war drives up cost worldwide
‘Half my day’s pay goes to filling up my car’
Business live – latest updates
Britis…
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There is a way to look after people, the planet – and Britain’s growth. It’s what we call the ‘wellbeing economy’ | Jamie Driscoll
Imagine the UK with a 20-year investment plan, with green homes and fast transport. We already have the tools to make it happen
You’ve just left school. What’s your future?
I know a physics graduate m…
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Europe's car makers are in crisis. Will the threat of war rescue them?
Auto executives across Europe hope rearmament can help them flex their industrial muscles once more.
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Is Tesla’s (TSLA) Stock Really Priced Like a Car Company? Is Tesla’s (TSLA) Stock Really Priced Like a Car Company? finance.yahoo.com
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Rising Treasury yields could push car loan rates higher, experts say. What buyers need to know Bond yields have spiked due to expectations of persistent inflation and further interest rate hikes from the Federal Reserve, which may impact auto loan rates.
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