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CARAvis Budget Group, Inc.
$155.49$5.5B
Overview & Verdict
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CAR logoAvis Budget Group, Inc.(CAR)Earnings, Financials & Key Ratios

CAR•NASDAQ
$155.49
Price updated Jul 7, 2026
SectorIndustrialsIndustryRental & LeasingSub-IndustryVehicle rental, leasing and fleet management
AboutAvis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The company also operates various other car rental brands, such as Budget, Payless, Apex, Maggiore, MoriniRent, FranceCars, Amicoblue, Turiscar, and ACL Hire. In addition, it offers optional insurance products and coverages, such as supplemental liability, personal accident, personal effects protection, emergency sickness protection, and automobile towing protection and cargo insurance products; fuel service options, roadside assistance services, electronic toll collection services, curbside delivery, tablet rentals, access to satellite radio, portable navigation units, and child safety seat rentals; automobile towing equipment and other moving accessories, such as hand trucks, furniture pads, and moving supplies; and Business Intelligence solution, an online portal for corporate travel. Avis Budget Group, Inc. operates in approximately 10,400 locations worldwide. 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 headquartered in Parsippany, New Jersey.Show more
  • Revenue$11.65B-1.2%
  • EBITDA$5.25B-4.7%
  • Net Income-$889M+51.2%
  • EPS (Diluted)-25.26+50.7%
  • Gross Margin24.42%-4.0%
  • EBITDA Margin45.06%-3.6%
  • Operating Margin10.99%-13.5%
  • Net Margin-7.63%+50.6%

CAR Price & Volume

Avis Budget Group, Inc. (CAR) stock price & volume — 10-year historical chart

Loading chart...

Structural Margin Compression Challenges Fleet Solvency Risks

Investment Thesis • Updated 2026Q1

VerdictNegative: The company's fundamental health is compromised by a -$3.4 billion equity deficit and a net margin that plummeted to -11.2% in 2026Q1
Growth:Mixed
Profitability:Negative
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Residual value and leverage

Key Thesis Takeaways

  • Avis Budget Group faces a precarious fundamental outlook characterized by stagnant revenue growth and severe margin contraction, as evidenced by the decline in gross margins from 36.2% in 2025Q3 to 16.3% in 2026Q1.
  • The company's reliance on a debt-funded fleet model, now totaling $27.7 billion in liabilities, appears increasingly unsustainable given the persistent negative equity position of -$3.4 billion.
  • Investors should monitor the company's ability to manage high capital intensity, as the CapEx/Rev ratio has frequently exceeded 100%, further straining liquidity and long-term solvency.

Verdict Logic

signaling significant risk to shareholder value.

CAR Growth Metrics

Avis Budget Group, Inc. (CAR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years3.2%
5 Years16.62%
3 Years-0.96%
TTM0.72%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM69.85%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM69.8%

Return on Capital

10 Years6.27%
5 Years9.04%
3 Years6.13%
Last Year4.53%

CAR Recent Earnings

Avis Budget Group, Inc. (CAR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$8.01-17.4%
$6.82
Rev
$2.5B+4.2%
$2.4B
Q1 2026
Feb 18, 2026
Metric
Actual
Est
EPS
$6.53-2151.7%
$0.29
Rev
$2.7B-2.7%
$2.7B
Q4 2025
Oct 27, 2025
Metric
Actual
Est
EPS
$10.11+24.7%
$8.11
Rev
$3.5B+27.9%
$2.8B
Q3 2025
Jul 29, 2025
Metric
Actual
Est
EPS
$0.10-95.0%
$2.02
Rev
$3.0B-12.2%
$3.5B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$8.01vs $6.82-17.4%
$2.5Bvs $2.4B+4.2%
Q1 2026Feb 18, 2026
$6.53vs $0.29-2151.7%
$2.7Bvs $2.7B-2.7%
Q4 2025Oct 27, 2025
$10.11vs $8.11+24.7%
$3.5Bvs $2.8B+27.9%
Q3 2025Jul 29, 2025
$0.10vs $2.02-95.0%
$3.0Bvs $3.5B-12.2%
Based on last 12 quarters of dataView full earnings history →

Latest CAR News

Recent stock market news and headlines for Avis Budget Group, Inc. (CAR)

GlobeNewsWire·2 days ago
Fate Therapeutics to Present Preliminary Clinical Data of FT819 Off-the-Shelf CAR T-Cell Product Candidate for Systemic Sclerosis at the ISSCR 2026 Annual Meeting

SAN DIEGO, July 06, 2026 (GLOBE NEWSWIRE) -- Fate Therapeutics, Inc. (NASDAQ: FATE), a clinical-stage biopharmaceutical company dedicated to bringing a transformative pipeline of induced pluripotent stem cell (iPSC)-derived cellular immunotherapies broadly to patients with cancer and autoimmune disease, today announced that preliminary clinical data from the Company's off-the-shelf CAR T-cell product candidate, FT819, will be presented at the International Society for Stem Cell Research (ISSCR) 2026 Annual Meeting, being held at the Palais des congrès de Montréal in Montréal, Canada on July 8 - 11, 2026.

PRNewsWire·2 days ago
Anixa Biosciences and Moffitt Cancer Center Advance Ovarian Cancer CAR-T Clinical Trial to Highest Dose Level to Date

Multiple Patients Surviving More Than One Year, Including one Beyond Two Years, with No Dose-Limiting Toxicities Observed to Date Patients in Cohort 5 will receive 1×10⁷ CAR-positive cells/kg following lymphodepletion SAN JOSE, Calif., July 6, 2026 /PRNewswire/ -- Anixa Biosciences, Inc. ("Anixa" or the "Company") (NASDAQ: ANIX), a biotechnology company focused on the treatment and prevention of cancer, today announced that the first patient has been treated in the fifth cohort of its ongoing Phase 1, dose-escalating, clinical trial (ClinicalTrials.gov NCT05316129) evaluating its novel FSHR-targeted CAR-T/CER-T therapy for recurrent ovarian cancer.

Seeking Alpha·2 days ago
Kyverna Therapeutics: The Autoimmune CAR T Beachhead Is Bigger Than SPS

Kyverna Therapeutics is positioned to pioneer the autoimmune CAR T space, leveraging miv-cel as a potential first-in-class therapy for severe B-cell-driven autoimmune diseases. Recent regulatory alignment enables a rolling BLA submission for SPS, with pivotal single-arm Phase 2 data showing strong efficacy and safety, targeting FDA approval by late 2026. KYTX maintains a cash runway through 2028, supported by $236M in cash and a $150M credit facility, enabling completion of key trials and commercial launch preparation.

Seeking Alpha·4 days ago
Allogene Therapeutics: A High-Upside Bet On The Next Wave Of CAR-T Innovation

Allogene Therapeutics offers upside potential driven by the pivotal ALPHA3 trial for Cema-cel in first-line large B-cell lymphoma, with a key readout in mid-2027. ALLO-329's early clinical signals in autoimmune disease, leveraging proprietary Dagger technology, set up a differentiated, scalable CAR-T platform with high-value optionality. ALLO demonstrates improving financial discipline, reducing quarterly net loss to $42.6M and extending cash runway into early 2029 following a $200.4M public offering.

Zacks Investment Research·4 days ago
Strong Car Rental Demand Aids Avis Budget Group Amid Low Liquidity

CAR gains from rising demand for short-term vehicle rentals, but geopolitical risks, low liquidity and lack of dividend cloud its long-term outlook.

Peers Comparison

Key metrics vs top competitors for Avis Budget Group, Inc. (CAR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CAR logoCARAvis Budget Group, Inc.Current
$155.49$5.49B-6.16-1.16%-7.63%——
HTZ logoHTZHertz Global Holdings, Inc.
$2.10$663.11M-0.87-6.02%-7.33%——
RCMT logoRCMTRCM Technologies, Inc.
$27.60$195.58M12.8314.74%5.03%37.76%—
MNRO logoMNROMonro, Inc.
$17.32$520.04M629.82-3.19%0.19%0.36%—
URI logoURIUnited Rentals, Inc.
$1056.02$66.16B27.354.91%15.32%27.88%—
GATX logoGATXGATX Corporation
$174.17$6.18B19.109.77%17.88%10.73%—

Compare CAR vs Peers

Avis Budget Group, Inc. (CAR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HTZ

Most directly comparable listed peer for CAR.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare CAR against a more recognizable public peer.

Peer Set

Compare Top 5

vs HTZ, RCMT, MNRO, URI

CAR SEC Filings & Documents

Avis Budget Group, Inc. (CAR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Mar 27, 2026·SEC

Material company update

Mar 13, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 19, 2026·SEC

FY 2025

Feb 14, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 28, 2025·SEC

FY 2025

Jul 30, 2025·SEC

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CAR Frequently Asked Questions

Avis Budget Group, Inc. (CAR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Avis Budget Group, Inc.'s revenue?

Avis Budget Group, Inc. (CAR) reported $11.75B in revenue for fiscal year 2025. This represents a 401% increase from $2.35B in 1996.

How fast is Avis Budget Group, Inc. growing?

Avis Budget Group, Inc. (CAR) saw revenue decline by 1.2% over the past year.

Is CAR profitable?

Avis Budget Group, Inc. (CAR) reported a net loss of $667.0M for fiscal year 2025.

Dividend & Returns
What is Avis Budget Group, Inc.'s free cash flow?

Avis Budget Group, Inc. (CAR) generated $1.95B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in CAR back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →