Avis Budget Group, Inc.(CAR) Stock Research - Grey Stern Research
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Avis Budget Group, Inc. (CAR) Stock Analysis

$91.30 (1.11%)

CAR Financial Performance


Use the table below to view Avis Budget Group, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $91.30 -
52 Week Low $65.73 -
52 Week High $176.79 -
Market Cap $3.2 Billion 9/12
Gross Margin 55% 3/12
Profit Margin 7% 9/12
EBITDA margin 14% 9/12
Q3 - 2024 Revenue $3.5 Billion 2/12
Q3 - 2024 Earnings $237.0 Million 2/12
Q3 - 2024 Free Cash Flow $5.5 Million 1/12
Trailing 4 Quarters Revenue $11.8 Billion 3/12
Trailing 4 Quarters Earnings $396.0 Million 5/12
Quarterly Earnings Growth -62% 10/12
Annual Earnings Growth -79% 10/12
Quarterly Revenue Growth -2% 9/12
Annual Revenue Growth -8% 11/12
Cash On Hand $602.0 Million 2/12
Short Term Debt $540.0 Million 3/12
Long Term Debt $7.8 Billion 3/12

Avis Budget Group, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Avis Budget Group, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 8.10 9/12
PS 0.27 10/12
PB 0.00 12/12
PC 5.33 12/12
Liabilities to Equity 0.00 12/12
ROA 0.04 5/12
ROE -1.66 12/12
Current Ratio 0.83 12/12
Quick Ratio 0.05 2/12
Long Term Debt to Equity -32.84 12/12
Debt to Equity -35.11 12/12
Burn Rate 2.86 2/12
Cash to Cap 0.19 1/12
CCR 23.05 1/12
EV to EBITDA 22.79 8/12
EV to Revenue 0.93 10/12

Company Details

Avis 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.

CEO: Mr. Joseph Ferraro

Website: https://www.avisbudgetgroup.com

Address: 6 SYLVAN WAY Parsippany, NEW JERSEY

Exchange: NASDAQ Global Select

Industry: Rental & Leasing Services

Avis Budget Group, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Avis Budget Group, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
United Rentals, Inc. URI $51.4 Billion
Air Lease Corporation AL $5.2 Billion
McGrath RentCorp MGRC $3.0 Billion
Ryder System, Inc. R $7.0 Billion
The Aaron's Company, Inc. AAN $318.3 Million
GATX Corporation GATX $5.5 Billion
H&E Equipment Services, Inc. HEES $3.3 Billion
AMERCO UHAL $13.0 Billion
Herc Holdings Inc. HRI $5.9 Billion
Triton International Limited TRTN $4.4 Billion
Alta Equipment Group Inc. ALTG $242.1 Million
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Income Statement
Balance Sheet
Cash Flow Statement
CAR Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 3.5 Billion $237.0 Million
Q2 2024 $ 3.0 Billion $14.0 Million
Q1 2024 $ 2.6 Billion -$114.0 Million
Q4 2023 $ 2.8 Billion $259.0 Million
Q3 2023 $ 3.6 Billion $626.0 Million
Q2 2023 $ 3.1 Billion $435.0 Million
Q1 2023 $ 2.6 Billion $312.0 Million
Q4 2022 $ 2.8 Billion $423.0 Million

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CAR Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $602.0 Million $9.6 Billion $8.4 Billion -$229.0 Million
Q2 2024 $515.0 Million $33.9 Billion $27.6 Billion -$482.0 Million
Q1 2024 $522.0 Million $33.5 Billion $27.4 Billion -$508.0 Million
Q4 2023 $555.0 Million $9.6 Billion $6.9 Billion -$343.0 Million
Q3 2023 $572.0 Million $9.2 Billion $6.9 Billion -$28.0 Million
Q2 2023 $571.0 Million $9.1 Billion $6.8 Billion -$129.0 Million
Q1 2023 $548.0 Million $8.5 Billion $6.5 Billion -$444.0 Million
Q4 2022 $570.0 Million $25.9 Billion $20.9 Billion -$703.0 Million

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CAR Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $5.5 Billion $4.2 Billion $2.7 Billion
Q2 2024 -$2.0 Billion -$2.9 Billion -$11.0 Million
Q1 2024 -$876.0 Million -$1.5 Billion $40.0 Million
Q4 2023 $5.5 Billion $4.7 Billion $3.4 Billion
Q3 2023 $1.3 Billion $0 $39.0 Million
Q2 2023 $963.0 Million $0 $53.0 Million
Q1 2023 $775.0 Million -$44.0 Million -$13.0 Million
Q4 2022 -$1.8 Billion -$2.7 Billion -$79.0 Million

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