avis budget group inc. - CAR

CAR

Close Chg Chg %
74.16 0.50 0.67%

Closed Market

74.66

+0.50 (0.67%)

Volume: 3.23M

Last Updated:

Mar 28, 2025, 4:00 PM EDT

Company Overview: avis budget group inc. - CAR

CAR Key Data

Open

$74.01

Day Range

71.38 - 75.20

52 Week Range

54.03 - 132.25

Market Cap

$2.60B

Shares Outstanding

35.11M

Public Float

33.94M

Beta

2.37

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$51.76

Yield

0.00%

Dividend

$10.00

EX-DIVIDEND DATE

Dec 14, 2023

SHORT INTEREST

N/A

AVERAGE VOLUME

1.72M

 

CAR Performance

1 Week
 
23.10%
 
1 Month
 
-5.51%
 
3 Months
 
-7.78%
 
1 Year
 
-39.03%
 
5 Years
 
409.62%
 

CAR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 10
Full Ratings ➔

About avis budget group inc. - CAR

Avis Budget Group, Inc. engages in the provision of vehicle sharing and rental services. It operates through the Americas and International segments. The Americas segment includes vehicle rental and car sharing operations in North America, South America, Central America, and the Caribbean. The International segment is involved in vehicle rental and car sharing operations in Europe, the Middle East, Africa, Asia, and Australasia. The company was founded in 1946 and is headquartered in Parsippany, NJ.

CAR At a Glance

Avis Budget Group, Inc.
379 Interpace Parkway
Parsippany, New Jersey 07054
Phone 1-973-496-4700 Revenue 11.79B
Industry Finance/Rental/Leasing Net Income -1,821,000,000.00
Sector Finance Employees 24,000
Fiscal Year-end 12 / 2025
View SEC Filings

CAR Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.243
Price to Book Ratio N/A
Price to Cash Flow Ratio 0.813
Enterprise Value to EBITDA 5.152
Enterprise Value to Sales 2.407
Total Debt to Enterprise Value 0.918

CAR Efficiency

Revenue/Employee 491,208.333
Income Per Employee -75,875.00
Receivables Turnover 11.501
Total Asset Turnover 0.372

CAR Liquidity

Current Ratio 0.748
Quick Ratio 0.748
Cash Ratio 0.197

CAR Profitability

Gross Margin 25.43
Operating Margin 12.715
Pretax Margin -22.283
Net Margin -15.447
Return on Assets -5.747
Return on Equity N/A
Return on Total Capital -7.679
Return on Invested Capital -7.50

CAR Capital Structure

Total Debt to Total Equity N/A
Total Debt to Total Capital 109.813
Total Debt to Total Assets 86.94
Long-Term Debt to Equity N/A
Long-Term Debt to Total Capital 107.08
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Avis Budget Group Inc. - CAR

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
9.31B 11.99B 12.01B 11.79B
Sales Growth
+72.40% +28.79% +0.12% -1.82%
Cost of Goods Sold (COGS) incl D&A
5.92B 7.22B 8.08B 8.79B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.48B 2.81B 3.45B 4.01B
Depreciation
2.41B 2.77B 3.42B 3.98B
Amortization of Intangibles
67.00M 44.00M 29.00M 30.00M
COGS Growth
+23.26% +21.96% +11.85% +8.79%
Gross Income
3.39B 4.77B 3.93B 3.00B
Gross Income Growth
+468.62% +40.72% -17.66% -23.66%
Gross Profit Margin
+36.39% +39.76% +32.70% +25.43%
2021 2022 2023 2024 5-year trend
SG&A Expense
1.15B 1.35B 1.41B 1.35B
Research & Development
- - - -
-
Other SG&A
1.15B 1.35B 1.41B 1.35B
SGA Growth
+64.04% +17.73% +4.45% -4.26%
Other Operating Expense
156.00M 138.00M 167.00M 151.00M
Unusual Expense
213.00M (18.00M) 74.00M 2.70B
EBIT after Unusual Expense
1.88B 3.30B 2.28B (1.20B)
Non Operating Income/Expense
380.00M 1.03B 705.00M (136.00M)
Non-Operating Interest Income
1.00M 1.00M 34.00M 12.00M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
547.00M 700.00M 1.07B 1.29B
Interest Expense Growth
-3.87% +27.97% +52.71% +20.86%
Gross Interest Expense
547.00M 700.00M 1.07B 1.29B
Interest Capitalized
- - - -
-
Pretax Income
1.71B 3.64B 1.91B (2.63B)
Pretax Income Growth
+278.66% +112.88% -47.36% -237.25%
Pretax Margin
+18.34% +30.32% +15.94% -22.28%
Income Tax
425.00M 880.00M 279.00M (810.00M)
Income Tax - Current - Domestic
35.00M 137.00M 45.00M 25.00M
Income Tax - Current - Foreign
12.00M 61.00M 43.00M 70.00M
Income Tax - Deferred - Domestic
387.00M 600.00M 124.00M (855.00M)
Income Tax - Deferred - Foreign
(9.00M) 82.00M 67.00M (50.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.28B 2.76B 1.64B (1.82B)
Minority Interest Expense
(2.00M) (8.00M) 3.00M 4.00M
Net Income
1.28B 2.76B 1.63B (1.82B)
Net Income Growth
+287.87% +115.10% -40.96% -211.58%
Net Margin Growth
+13.80% +23.04% +13.59% -15.45%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
1.28B 2.76B 1.63B (1.82B)
Preferred Dividends
- - - -
-
Net Income Available to Common
1.28B 2.76B 1.63B (1.82B)
EPS (Basic)
19.7997 58.4355 42.611 -51.2958
EPS (Basic) Growth
+304.08% +195.13% -27.08% -220.38%
Basic Shares Outstanding
64.90M 47.30M 38.30M 35.50M
EPS (Diluted)
19.4402 57.1074 42.0619 -51.2958
EPS (Diluted) Growth
+300.37% +193.76% -26.35% -221.95%
Diluted Shares Outstanding
66.10M 48.40M 38.80M 35.50M
EBITDA
4.57B 6.09B 5.80B 5.51B
EBITDA Growth
+101.77% +33.41% -4.79% -5.07%
EBITDA Margin
+49.05% +50.81% +48.32% +46.72%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 113.50
Number of Ratings 10 Current Quarters Estimate -5.541
FY Report Date 03 / 2025 Current Year's Estimate 8.898
Last Quarter’s Earnings 17.493 Median PE on CY Estimate N/A
Year Ago Earnings 23.333 Next Fiscal Year Estimate 15.037
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 8 8 8
Mean Estimate -5.54 2.53 8.90 15.04
High Estimates -4.62 4.24 11.58 18.90
Low Estimate -6.16 0.75 7.48 11.81
Coefficient of Variance -9.81 44.28 13.67 17.90

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 6 6 6
OVERWEIGHT 0 0 0
HOLD 4 4 4
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Avis Budget Group Inc. - CAR

Date Name Shares Transaction Value
Mar 17, 2025 Jean M. Sera SVP, GC, CCO & Corp. Sec. 4,055 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Izilda P. Martins EVP and CFO 13,769 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Izilda P. Martins EVP and CFO 13,769 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Joseph A. Ferraro President and CEO 60,430 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Brian J. Choi EVP and CTO - see remarks 29,933 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Jagdeep Pahwa Executive Chairman; Director 39,911 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Bernardo Vieira Hees Director 6,466 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 17, 2025 Jagdeep Pahwa Executive Chairman; Director 39,911 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Cathleen DeGenova Chief Accounting Officer 2,115 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Jean M. Sera SVP, GC, CCO & Corp. Sec. 2,235 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Edward P. Linnen EVP, Chief HR Officer 5,188 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Jean M. Sera SVP, GC, CCO & Corp. Sec. 4,055 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Izilda P. Martins EVP and CFO 6,306 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Joseph A. Ferraro President and CEO 28,438 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Brian J. Choi EVP and CTO - see remarks 29,933 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Cathleen DeGenova Chief Accounting Officer 2,115 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Ravi Simhambhatla EVP, CDIO - see remarks 7,184 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Brian J. Choi EVP and CTO - see remarks 8,541 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Edward P. Linnen EVP, Chief HR Officer 2,874 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 17, 2025 Edward P. Linnen EVP, Chief HR Officer 5,188 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

Avis Budget Group Inc. in the News