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XNAS
CAR
Market cap3.89bUSD
Oct 08, Last price  
110.00USD
1D
-0.20%
1Q
-29.57%
Jan 2017
199.89%
Name

Avis Budget Group Inc

Chart & performance

D1W1MN
XNAS:CAR chart
P/E
—
P/S
0.33
EPS
—
Div yield, %
—
Shrs. gr., 5y
-12.97%
Rev. gr., 5y
16.62%
Revenues
11.65b
-1.16%
5,689,000,0005,986,000,0005,984,000,0005,131,000,0005,185,000,0005,900,000,0007,357,000,0007,937,000,0008,485,000,0008,502,000,0008,659,000,0008,848,000,0009,124,000,0009,172,000,0005,402,000,0009,313,000,00011,994,000,00012,008,000,00011,789,000,00011,652,000,000
Net income
-889m
L-51.18%
-1,994,000,000-916,000,000-1,124,000,000-47,000,00054,000,000-29,000,000290,000,00016,000,000245,000,000313,000,000163,000,000361,000,000165,000,000302,000,000-684,000,0001,285,000,0002,764,000,0001,632,000,000-1,821,000,000-889,000,000
CFO
3.30b
-6.31%
252,000,0001,714,000,0001,704,000,0001,491,000,0001,640,000,0001,578,000,0001,889,000,0002,253,000,0002,579,000,0002,584,000,0002,629,000,0002,648,000,0002,609,000,0002,586,000,000691,000,0003,491,000,0004,707,000,0003,828,000,0003,518,000,0003,296,000,000
Dividend
Dec 14, 202310 USD/sh

Notes

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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.

Related entities

Subsidiaries (8)
AB FUNDING PTY LTD
AVIS BUDGET CAR RENTAL, LLC
AVIS BUDGET FINANCE PLC
AVIS FINANCE COMPANY LIMITED
CENTRE POINT FUNDING, LLC
INTERPACE FUNDING LLC
Sweden Rent A Car AB
WTH CAR RENTAL ULC

Key people

Brian Choi
Chief Executive Officer · since 2025
Daniel Cunha
Chief Financial Officer · since 2025
Edward Linnen
Chief Human Resources Officer, Executive Vice President · since 2015
Ravi Simhambhatla
Executive Vice President, Chief Digital and Innovation Officer · since 2022
Cathleen Degenova
Senior Vice President, Chief Accounting Officer · since 2024
Jean Sera
Senior Vice President, Chief Compliance Officer, General Counsel, Corporate Secretary · since 2020
Jagdeep Pahwa
Executive Chairman of the Board · since 2025
Director · since 2024
Anu Hariharan
Independent Director · since 2022
Lynn Krominga
Lead Independent Director · since 2024
Independent Director · since 2018
Karthik Sarma
Independent Director · since 2020
IPO date
Sep 15, 1983
Employees
18,500
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
251 LITTLE FALLS DRIVE
WILMINGTON, DE 19808
US
Headquarters
379 Interpace Parkway
Parsippany, NJ 07054
US

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