Avis Budget Group, Inc.CAR

NasdaqIndustrialsServices-Auto Rental & Leasing (No Drivers)
Price (close)
$108.29
Market cap
$3.8B
P/E
—
Revenue (TTM)
$11.8B
Net income
-$667.0M
Dividend yield
—
1-year total return
-33.7%
Net margin
-5.7%
Revenue growth
0.7%
Debt / equity
—

What Avis Budget Group, Inc. does.

Except as expressly indicated or unless the context otherwise requires, the “Company,” “Avis Budget,” “we,” “our” or “us” means Avis Budget Group, Inc. and its subsidiaries. Unless the context requires otherwise, these references and references to our brands do not include the operations of our licensees, as further discussed below.

We are a leading global provider of mobility solutions through our three most recognized brands, Avis, Budget and Zipcar, as well as several other brands, well recognized in their respective markets. Our brands offer a range of options, from car and truck rental to car sharing. We license the use of the Avis, Budget, Zipcar and other brands’ trademarks to licensees in areas in which we do not operate directly. We and our licensees operate our brands in approximately 180 countries throughout the world. We generally maintain a leading share of airport car rental revenues in North America, Europe and Australasia, and we operate a leading car sharing network and one of the leading commercial truck rental businesses in the United States. We believe the range of options from our diversified brands enjoy complementary demand patterns with mid-week commercial demand balanced by weekend leisure demand.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$5.4B$9.3B$12.0B$12.0B$11.8B$11.7B
Net income-$684.0M$1.3B$2.8B$1.6B-$1.8B-$889.0M

More on CAR.

Figures from Avis Budget Group, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.