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Avis Budget Group (CAR) Financials

Avis Budget Group logo
$120.49 -2.08 (-1.70%)
Closing price 05/28/2025 04:00 PM Eastern
Extended Trading
$121.62 +1.13 (+0.94%)
As of 08:59 AM Eastern
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Annual Income Statements for Avis Budget Group

Annual Income Statements for Avis Budget Group

This table shows Avis Budget Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
-1,821 1,632 2,764 1,285 -684 302 165 361 163 313
Consolidated Net Income / (Loss)
-1,817 1,635 2,756 1,283 -684 302 165 361 163 313
Net Income / (Loss) Continuing Operations
-1,817 1,635 2,756 1,283 -684 302 165 361 163 313
Total Pre-Tax Income
-2,627 1,914 3,636 1,708 -956 287 267 211 279 382
Total Operating Income
-2,269 2,215 3,886 1,926 -725 465 455 399 482 576
Total Gross Profit
11,789 12,008 11,994 9,313 5,402 9,172 9,124 8,848 8,659 8,502
Total Revenue
11,789 12,008 11,994 9,313 5,402 9,172 9,124 8,848 8,659 8,502
Operating Revenue
11,789 12,008 11,994 9,313 5,402 9,172 9,124 8,848 8,659 6,026
Total Cost of Revenue
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Operating Expenses
14,058 9,793 8,108 7,387 6,127 8,707 8,669 8,449 8,177 7,926
Selling, General & Admin Expense
7,366 7,083 6,633 5,400 4,025 5,935 5,859 5,592 5,516 5,377
Depreciation Expense
3,213 1,955 1,053 1,469 1,654 2,326 2,435 2,480 2,300 2,151
Other Operating Expenses / (Income)
950 739 403 318 321 344 314 286 305 357
Impairment Charge
2,470 0.00 0.00 - - - - 2.00 0.00 0.00
Restructuring Charge
37 11 19 64 118 90 42 86 29 18
Other Special Charges / (Income)
22 5.00 0.00 136 9.00 12 19 3.00 27 23
Total Other Income / (Expense), net
-358 -296 -250 -218 -231 -178 -188 -188 -203 -194
Interest Expense
358 296 250 218 231 178 188 188 203 194
Income Tax Expense
-810 279 880 425 -272 -15 102 -150 116 69
Net Income / (Loss) Attributable to Noncontrolling Interest
4.00 3.00 -8.00 -2.00 0.00 0.00 - - - -
Basic Earnings per Share
($51.23) $42.57 $58.41 $19.79 ($9.71) $4.01 $2.08 $4.32 $1.78 $3.02
Weighted Average Basic Shares Outstanding
35.11M 35.47M 39.47M 53.77M 69.84M 74.36M 79.30M 83.40M 92M 103.40M
Diluted Earnings per Share
($51.23) $42.08 $57.16 $19.44 ($9.71) $3.98 $2.06 $4.25 $1.75 $2.98
Weighted Average Diluted Shares Outstanding
35.11M 35.47M 39.47M 53.77M 69.84M 74.36M 79.30M 83.40M 92M 103.40M
Weighted Average Basic & Diluted Shares Outstanding
35.11M 35.47M 39.47M 53.77M 69.84M 74.36M 79.30M 83.40M 92M 103.40M

Quarterly Income Statements for Avis Budget Group

This table shows Avis Budget Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-505 -1,958 237 14 -114 259 626 435 312 423 1,034
Consolidated Net Income / (Loss)
-504 -1,957 238 15 -113 260 627 436 312 424 1,031
Net Income / (Loss) Continuing Operations
-504 -1,957 238 15 -113 260 627 436 312 424 1,031
Total Pre-Tax Income
-677 -2,841 329 27 -142 162 757 598 397 516 1,342
Total Operating Income
-580 -2,749 424 115 -59 239 840 666 470 584 1,406
Total Gross Profit
2,430 2,710 3,480 3,048 2,551 2,764 3,564 3,123 2,557 2,771 3,547
Total Revenue
2,430 2,710 3,480 3,048 2,551 2,764 3,564 3,123 2,557 2,771 3,547
Operating Revenue
2,430 2,710 3,480 3,048 2,551 2,764 3,564 3,123 2,557 2,771 3,547
Total Cost of Revenue
0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Operating Expenses
3,010 5,459 3,056 2,933 2,610 2,525 2,724 2,457 2,087 2,187 2,141
Selling, General & Admin Expense
1,661 1,875 1,942 1,880 1,669 1,659 1,940 1,853 1,631 1,647 1,848
Depreciation Expense
1,111 861 864 791 697 635 572 427 321 406 193
Other Operating Expenses / (Income)
216 220 244 246 240 223 209 176 131 131 98
Restructuring Charge
22 14 6.00 14 3.00 4.00 2.00 1.00 4.00 3.00 2.00
Other Special Charges / (Income)
0.00 19 0.00 2.00 1.00 4.00 1.00 0.00 0.00 - 0.00
Total Other Income / (Expense), net
-97 -92 -95 -88 -83 -75 -80 -68 -73 -69 -64
Interest Expense
97 92 95 88 83 75 80 68 73 69 64
Income Tax Expense
-173 -884 91 12 -29 -98 130 162 85 92 311
Net Income / (Loss) Attributable to Noncontrolling Interest
1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 0.00 1.00 -3.00
Basic Earnings per Share
($14.35) ($55.10) $6.67 $0.41 ($3.21) $6.60 $16.96 $11.13 $7.88 $10.32 $22.08
Weighted Average Basic Shares Outstanding
35.19M 35.11M 35.14M 35.66M 35.65M 35.47M 36.22M 38.74M 39.76M 39.47M 41.47M
Diluted Earnings per Share
($14.35) ($55.08) $6.65 $0.41 ($3.21) $6.57 $16.78 $11.01 $7.72 $10.07 $21.67
Weighted Average Diluted Shares Outstanding
35.19M 35.11M 35.14M 35.66M 35.65M 35.47M 36.22M 38.74M 39.76M 39.47M 41.47M
Weighted Average Basic & Diluted Shares Outstanding
35.19M 35.11M 35.14M 35.66M 35.65M 35.47M 36.22M 38.74M 39.76M 39.47M 41.47M

Annual Cash Flow Statements for Avis Budget Group

This table details how cash moves in and out of Avis Budget Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-47 2.00 16 -139 -135 165 -166 181 3.00 -36
Net Cash From Operating Activities
3,518 3,828 4,707 3,491 691 2,586 2,609 2,648 2,640 2,627
Net Cash From Continuing Operating Activities
3,497 3,823 4,707 3,491 691 2,586 2,609 2,648 2,640 2,627
Net Income / (Loss) Continuing Operations
-1,817 1,635 2,756 1,283 -684 302 165 361 163 313
Consolidated Net Income / (Loss)
-1,817 1,635 2,756 1,283 -684 302 165 361 163 313
Depreciation Expense
2,895 2,444 1,934 1,674 1,616 2,153 2,230 2,206 2,130 2,055
Amortization Expense
1,160 1,046 911 839 978 1,020 28 34 37 42
Non-Cash Adjustments To Reconcile Net Income
3,152 -278 -760 -195 -1,075 -48 -5.00 68 44 -9.00
Changes in Operating Assets and Liabilities, net
-1,893 -1,024 -134 -110 -144 -841 191 -21 266 226
Net Cash From Investing Activities
-2,753 -7,346 -4,299 -6,306 3,177 -2,752 -3,426 -2,204 -2,182 -2,685
Net Cash From Continuing Investing Activities
-2,753 -7,346 -4,299 -6,306 2,909 -2,752 -3,426 -2,204 -2,182 -2,685
Purchase of Property, Plant & Equipment
-10,062 -15,458 -10,737 -10,162 -5,495 -13,137 -12,820 -11,735 -12,651 -12,127
Purchase of Investments
-801 -606 -442 -413 -355 -251 -188 -61 0.00 0.00
Sale of Property, Plant & Equipment
7,397 8,406 6,608 4,080 8,759 10,471 9,665 9,608 10,523 9,695
Other Investing Activities, net
713 312 272 189 0.00 81 -44 5.00 1.00 3.00
Net Cash From Financing Activities
-781 3,506 -360 2,687 -4,045 318 667 -308 -449 72
Net Cash From Continuing Financing Activities
-781 3,506 -360 2,687 -3,777 318 667 -308 -449 72
Repayment of Debt
-967 -840 -32 -1,377 -18,490 -517 -531 -17,899 -16,714 -14,007
Repurchase of Common Equity
-70 -951 -3,329 -1,460 -119 -67 -216 -210 -398 -436
Payment of Dividends
0.00 -355 0.00 - - - - - - -
Issuance of Debt
1,569 936 729 1,100 14,817 402 485 17,801 16,663 14,515
Issuance of Common Equity
0.00 0.00 40 38 15 0.00 0.00 - - -
Other Financing Activities, net
-1,313 4,716 2,232 4,386 - 500 929 - - -
Effect of Exchange Rate Changes
-31 14 -32 -11 42 13 -16 45 -6.00 -50
Cash Interest Paid
1,273 988 543 509 503 509 497 460 461 454
Cash Income Taxes Paid
50 169 192 75 44 93 53 58 60 29

Quarterly Cash Flow Statements for Avis Budget Group

This table details how cash moves in and out of Avis Budget Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
10 -52 66 -16 -45 -77 39 53 -13 -79 37
Net Cash From Operating Activities
619 772 1,273 884 589 793 1,253 963 819 845 1,491
Net Cash From Continuing Operating Activities
619 751 1,273 884 589 788 1,253 963 819 845 1,491
Net Income / (Loss) Continuing Operations
-504 -1,957 238 15 -113 260 627 436 312 424 1,031
Consolidated Net Income / (Loss)
-504 -1,957 238 15 -113 260 627 436 312 424 1,031
Depreciation Expense
749 778 781 713 623 650 669 592 533 534 514
Amortization Expense
274 293 310 243 314 193 331 262 260 249 232
Non-Cash Adjustments To Reconcile Net Income
178 3,839 -254 -180 -253 1,118 -457 -447 -492 716 -576
Changes in Operating Assets and Liabilities, net
-78 -2,202 198 93 18 -1,433 83 120 206 -1,078 290
Net Cash From Investing Activities
-715 -57 -141 -1,037 -1,518 -416 -1,716 -3,536 -1,678 -723 294
Net Cash From Continuing Investing Activities
-715 -57 -141 -1,037 -1,518 -416 -1,716 -3,536 -1,678 -723 294
Purchase of Property, Plant & Equipment
-3,819 -1,774 -1,295 -2,859 -4,134 -2,669 -3,803 -5,062 -3,924 -2,671 -1,721
Purchase of Investments
-384 -130 -296 -120 -255 -129 -115 -254 -108 -90 -141
Sale of Property, Plant & Equipment
3,091 1,742 1,227 1,817 2,611 2,299 2,130 1,694 2,283 1,998 2,014
Other Investing Activities, net
397 105 223 125 260 83 72 86 71 -15 197
Net Cash From Financing Activities
98 -738 -1,079 139 897 -472 512 2,625 841 -222 -1,720
Net Cash From Continuing Financing Activities
98 -738 -1,079 139 897 -472 512 2,625 841 -222 -1,720
Repayment of Debt
-20 -544 -17 -385 -21 -488 -338 -7.00 -7.00 11,376 -5,088
Repurchase of Common Equity
-3.00 -45 -9.00 -1.00 -15 -261 -490 -149 -51 -755 -826
Issuance of Debt
500 - 700 218 651 497 439 - 0.00 -13,075 4,154
Other Financing Activities, net
-379 -149 -1,753 307 282 135 901 2,781 899 - -
Effect of Exchange Rate Changes
8.00 -29 13 -2.00 -13 18 -10 1.00 5.00 21 -28

Annual Balance Sheets for Avis Budget Group

This table presents Avis Budget Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
29,041 32,569 25,927 22,600 17,538 23,126 19,149 17,699 17,643 17,634
Total Current Assets
2,034 2,139 1,886 1,847 1,795 2,145 2,174 2,066 1,817 1,627
Cash & Equivalents
534 555 570 534 692 686 615 611 490 452
Accounts Receivable
838 900 810 775 647 911 955 922 808 668
Other Current Assets
662 684 506 538 456 548 604 533 519 507
Plant, Property, & Equipment, net
18,316 21,959 16,555 13,403 8,810 12,969 12,210 11,330 685 11,339
Total Noncurrent Assets
8,691 8,471 7,486 7,350 6,933 8,012 4,765 4,303 15,141 4,668
Long-Term Investments
1,308 1,211 976 842 667 649 559 423 362 362
Noncurrent Note & Lease Receivables
386 443 421 222 281 778 631 547 527 438
Goodwill
1,071 1,099 1,070 1,108 1,137 1,101 1,092 1,073 1,007 973
Intangible Assets
601 670 666 724 774 798 825 850 870 917
Noncurrent Deferred & Refundable Income Taxes
1,786 1,868 1,379 1,615 1,198 1,662 1,301 931 1,493 1,488
Other Noncurrent Operating Assets
3,539 3,180 2,974 2,839 2,876 3,024 357 479 10,882 490
Total Liabilities & Shareholders' Equity
29,041 32,569 25,927 22,600 17,538 23,126 19,149 17,699 17,643 17,634
Total Liabilities
31,358 32,912 26,627 22,809 17,693 22,470 18,735 17,126 17,422 17,195
Total Current Liabilities
2,720 2,659 2,574 2,408 2,053 2,225 1,716 1,645 1,767 1,511
Short-Term Debt
20 32 27 19 19 19 23 26 279 26
Accounts Payable
2,700 2,627 2,547 2,389 2,034 2,206 1,693 1,619 1,488 1,485
Total Noncurrent Liabilities
28,638 30,253 24,053 20,401 15,640 20,245 17,019 15,481 15,655 15,684
Long-Term Debt
22,909 23,728 18,453 15,380 11,048 14,484 13,760 12,794 5,427 12,295
Capital Lease Obligations
2,484 2,117 1,884 1,910 2,078 2,140 0.00 - - -
Noncurrent Deferred & Payable Income Tax Liabilities
2,442 3,418 2,754 2,242 1,383 2,189 1,961 1,594 2,429 2,367
Other Noncurrent Operating Liabilities
803 990 962 869 1,131 1,432 1,298 1,093 7,799 1,022
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-2,317 -343 -700 -209 -155 656 414 573 221 439
Total Preferred & Common Equity
-2,327 -349 -703 -220 -155 656 414 573 221 439
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-2,327 -349 -703 -220 -155 656 414 573 221 439
Common Stock
6,621 6,635 6,667 6,677 6,669 6,742 6,772 6,821 6,919 7,011
Retained Earnings
2,029 3,854 2,579 -185 -1,470 -785 -1,091 -1,222 -1,639 -1,802
Treasury Stock
-10,767 -10,742 -9,848 -6,579 -5,167 -5,144 -5,134 -5,002 -4,905 -4,623
Accumulated Other Comprehensive Income / (Loss)
-210 -96 -101 -133 -187 -157 -133 -24 -154 -147
Noncontrolling Interest
10 6.00 3.00 11 0.00 - - - - -

Quarterly Balance Sheets for Avis Budget Group

This table presents Avis Budget Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
29,044 32,749 33,882 33,528 32,304 31,395 27,388 25,197
Total Current Assets
2,140 2,319 2,460 2,333 2,226 2,233 1,983 1,976
Cash & Equivalents
516 602 511 522 572 571 548 581
Accounts Receivable
873 917 1,062 1,032 918 897 801 869
Other Current Assets
751 800 887 779 736 765 634 526
Plant, Property, & Equipment, net
18,208 22,052 23,178 22,729 21,894 21,249 18,038 15,897
Total Noncurrent Assets
8,696 8,378 8,244 8,466 8,184 7,913 7,367 7,324
Long-Term Investments
1,295 1,283 1,199 1,205 1,172 1,148 1,010 927
Noncurrent Note & Lease Receivables
310 423 326 431 519 421 353 478
Goodwill
1,091 1,109 1,087 1,088 1,081 1,082 1,076 1,031
Intangible Assets
598 647 650 658 658 669 659 662
Noncurrent Deferred & Refundable Income Taxes
1,738 1,565 1,715 1,811 1,472 1,457 1,399 1,316
Other Noncurrent Operating Assets
3,664 3,351 3,267 3,273 3,282 3,136 2,870 2,910
Total Liabilities & Shareholders' Equity
29,044 32,749 33,882 33,528 32,304 31,395 27,388 25,197
Total Liabilities
31,855 32,978 34,364 34,036 32,332 31,520 27,829 25,704
Total Current Liabilities
3,368 3,326 2,866 3,074 2,763 2,844 2,749 2,746
Short-Term Debt
508 540 28 405 30 34 34 27
Accounts Payable
2,860 2,786 2,838 2,669 2,733 2,810 2,715 2,719
Total Noncurrent Liabilities
28,487 29,652 31,498 30,962 29,569 28,676 25,080 22,958
Long-Term Debt
22,668 23,358 24,767 24,222 23,389 22,442 19,439 17,667
Capital Lease Obligations
2,593 2,351 2,234 2,234 2,178 2,079 1,852 1,822
Noncurrent Deferred & Payable Income Tax Liabilities
2,176 3,114 3,231 3,325 3,092 2,997 2,820 2,636
Other Noncurrent Operating Liabilities
1,050 829 1,266 1,181 910 1,158 969 833
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-2,811 -229 -482 -508 -28 -125 -441 -507
Total Preferred & Common Equity
-2,822 -238 -490 -515 -33 -129 -444 -509
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
-2,822 -238 -490 -515 -33 -129 -444 -509
Common Stock
6,613 6,616 6,617 6,611 6,627 6,626 6,621 6,677
Retained Earnings
1,524 3,988 3,751 3,738 3,952 3,326 2,891 2,156
Treasury Stock
-10,757 -10,730 -10,723 -10,724 -10,482 -9,991 -9,845 -9,157
Accumulated Other Comprehensive Income / (Loss)
-202 -112 -135 -140 -130 -90 -111 -185
Noncontrolling Interest
11 9.00 8.00 7.00 5.00 4.00 3.00 2.00

Annual Metrics And Ratios for Avis Budget Group

This table displays calculated financial ratios and metrics derived from Avis Budget Group's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
-1.82% 0.12% 28.79% 72.40% -41.10% 0.53% 3.12% 2.18% 1.85% 0.20%
EBITDA Growth
-68.69% -15.24% 51.63% 137.51% -48.63% 34.10% 2.80% -0.38% -0.90% 0.41%
EBIT Growth
-202.44% -43.00% 101.77% 365.66% -255.91% 2.20% 14.04% -17.22% -16.32% -4.16%
NOPAT Growth
-183.94% -35.76% 103.59% 385.07% -203.72% 74.02% -58.81% 142.42% -40.33% 25.65%
Net Income Growth
-211.13% -40.67% 114.81% 287.57% -326.49% 83.03% -54.29% 121.47% -47.92% 27.76%
EPS Growth
-221.74% -26.38% 194.03% 300.21% -343.97% 93.20% -51.53% 142.86% -41.28% 34.23%
Operating Cash Flow Growth
-8.10% -18.67% 34.83% 405.21% -73.28% -0.88% -1.47% 0.30% 0.49% 1.86%
Free Cash Flow Firm Growth
124.63% -781.40% 120.84% -169.17% 256.03% -540.43% 94.20% -192.29% 1,952.80% -44.92%
Invested Capital Growth
-10.58% 31.18% 15.23% 35.19% -27.14% 22.58% 5.37% 143.53% -57.52% 7.74%
Revenue Q/Q Growth
-0.46% -0.06% 1.71% 14.99% -13.00% 1.24% 0.34% 1.61% -0.26% 0.04%
EBITDA Q/Q Growth
-60.67% -4.76% 0.51% 22.56% -13.15% 6.94% -0.18% 2.68% -1.30% 2.26%
EBIT Q/Q Growth
-417.79% -13.48% -0.08% 51.42% -19.83% 0.22% 1.11% 12.39% -9.23% 11.20%
NOPAT Q/Q Growth
-309.10% -6.82% 2.26% 44.27% -19.83% 68.24% -55.49% 191.94% -8.53% 11.19%
Net Income Q/Q Growth
-554.25% -9.12% 1.59% 58.00% -51.33% 74.57% -55.65% 228.18% -13.76% -11.58%
EPS Q/Q Growth
-591.65% -7.68% 8.09% 57.03% -47.79% 76.89% -53.92% 221.97% -16.27% -11.04%
Operating Cash Flow Q/Q Growth
-0.59% -1.34% -2.04% 33.91% -46.31% 5.77% -3.44% 3.04% -2.22% 3.02%
Free Cash Flow Firm Q/Q Growth
105.91% 12.47% 292.84% 77.77% -72.68% -16.46% -491.84% 7.74% 2,367.69% -105.54%
Invested Capital Q/Q Growth
-11.94% -0.24% 3.53% 6.52% 527.35% -1.94% -6.19% -7.42% -14.85% 101.04%
Profitability Metrics
- - - - - - - - - -
Gross Margin
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
15.15% 47.51% 56.12% 47.66% 34.60% 39.66% 29.73% 29.83% 30.59% 31.44%
Operating Margin
-19.25% 18.45% 32.40% 20.68% -13.42% 5.07% 4.99% 4.51% 5.57% 6.77%
EBIT Margin
-19.25% 18.45% 32.40% 20.68% -13.42% 5.07% 4.99% 4.51% 5.57% 6.77%
Profit (Net Income) Margin
-15.41% 13.62% 22.98% 13.78% -12.66% 3.29% 1.81% 4.08% 1.88% 3.68%
Tax Burden Percent
69.17% 85.42% 75.80% 75.12% 71.55% 105.23% 61.80% 171.09% 58.42% 81.94%
Interest Burden Percent
115.78% 86.41% 93.57% 88.68% 131.86% 61.72% 58.68% 52.88% 57.88% 66.32%
Effective Tax Rate
0.00% 14.58% 24.20% 24.88% 0.00% -5.23% 38.20% -71.09% 41.58% 18.06%
Return on Invested Capital (ROIC)
-7.06% 9.03% 17.41% 10.58% -3.68% 3.38% 2.22% 7.83% 3.31% 4.10%
ROIC Less NNEP Spread (ROIC-NNEP)
-8.01% 7.84% 16.32% 9.40% -4.98% 2.03% 1.26% 3.97% 1.86% 2.65%
Return on Net Nonoperating Assets (RNNOA)
143.67% -322.55% -623.79% -715.52% -269.38% 53.07% 31.22% 83.10% 46.09% 52.61%
Return on Equity (ROE)
136.62% -313.52% -606.38% -704.95% -273.05% 56.45% 33.43% 90.93% 49.39% 56.70%
Cash Return on Invested Capital (CROIC)
4.11% -17.94% 3.26% -19.35% 27.73% -16.92% -3.02% -75.73% 84.04% -3.35%
Operating Return on Assets (OROA)
-7.37% 7.57% 16.02% 9.60% -3.57% 2.20% 2.47% 2.26% 2.73% 3.34%
Return on Assets (ROA)
-5.90% 5.59% 11.36% 6.39% -3.36% 1.43% 0.90% 2.04% 0.92% 1.82%
Return on Common Equity (ROCE)
137.44% -316.22% -615.72% -726.25% -273.05% 56.45% 33.43% 90.93% 49.39% 56.70%
Return on Equity Simple (ROE_SIMPLE)
78.08% -468.48% -392.03% -583.18% 441.29% 46.04% 39.86% 63.00% 73.76% 71.30%
Net Operating Profit after Tax (NOPAT)
-1,588 1,892 2,945 1,447 -508 489 281 683 282 472
NOPAT Margin
-13.47% 15.76% 24.56% 15.53% -9.39% 5.33% 3.08% 7.72% 3.25% 5.55%
Net Nonoperating Expense Percent (NNEP)
0.96% 1.20% 1.09% 1.18% 1.30% 1.34% 0.95% 3.87% 1.45% 1.45%
Return On Investment Capital (ROIC_SIMPLE)
-6.88% 7.41% 14.98% - - - - - - -
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
62.48% 58.99% 55.30% 57.98% 74.51% 64.71% 64.22% 63.20% 63.70% 63.24%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
119.25% 81.55% 67.60% 79.32% 113.42% 94.93% 95.01% 95.49% 94.43% 93.23%
Earnings before Interest and Taxes (EBIT)
-2,269 2,215 3,886 1,926 -725 465 455 399 482 576
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1,786 5,705 6,731 4,439 1,869 3,638 2,713 2,639 2,649 2,673
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 3.45 3.99 5.92 13.86 7.88
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.24 0.53 0.54 1.19 0.46 0.25 0.18 0.38 0.35 0.41
Price to Earnings (P/E)
0.00 3.93 2.34 8.65 0.00 7.49 10.01 9.40 18.79 11.05
Dividend Yield
0.00% 5.64% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 25.42% 42.80% 11.55% 0.00% 13.35% 9.99% 10.63% 5.32% 9.05%
Enterprise Value to Invested Capital (EV/IC)
1.24 1.28 1.40 1.72 1.23 1.10 1.10 1.23 1.56 1.25
Enterprise Value to Revenue (EV/Rev)
2.24 2.54 2.11 2.91 2.64 1.92 1.56 1.72 0.91 1.76
Enterprise Value to EBITDA (EV/EBITDA)
14.79 5.35 3.76 6.10 7.63 4.83 5.26 5.75 2.99 5.60
Enterprise Value to EBIT (EV/EBIT)
0.00 13.79 6.51 14.05 0.00 37.78 31.34 38.05 16.43 25.98
Enterprise Value to NOPAT (EV/NOPAT)
0.00 16.14 8.58 18.71 0.00 35.91 50.72 22.24 28.11 31.71
Enterprise Value to Operating Cash Flow (EV/OCF)
7.51 7.98 5.37 7.75 20.63 6.79 5.47 5.73 3.00 5.70
Enterprise Value to Free Cash Flow (EV/FCFF)
28.53 0.00 45.84 0.00 3.73 0.00 0.00 0.00 1.11 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
-10.97 -75.44 -29.09 -82.82 -84.81 25.37 33.29 22.37 25.82 28.07
Long-Term Debt to Equity
-10.96 -75.35 -29.05 -82.73 -84.68 25.34 33.24 22.33 24.56 28.01
Financial Leverage
-17.93 -41.16 -38.23 -76.15 54.08 26.09 24.72 20.96 24.79 19.86
Leverage Ratio
-23.16 -56.08 -53.39 -110.27 81.17 39.51 37.33 44.51 53.45 31.23
Compound Leverage Factor
-26.82 -48.46 -49.95 -97.79 107.03 24.39 21.91 23.54 30.94 20.71
Debt to Total Capital
110.03% 101.34% 103.56% 101.22% 101.19% 96.21% 97.08% 95.72% 96.27% 96.56%
Short-Term Debt to Total Capital
0.09% 0.13% 0.14% 0.11% 0.15% 0.11% 0.16% 0.19% 4.71% 0.20%
Long-Term Debt to Total Capital
109.95% 101.22% 103.42% 101.11% 101.05% 96.10% 96.92% 95.53% 91.56% 96.36%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.04% 0.02% 0.02% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
-10.08% -1.37% -3.58% -1.29% -1.19% 3.79% 2.92% 4.28% 3.73% 3.44%
Debt to EBITDA
14.23 4.54 3.03 3.90 7.03 4.57 5.08 4.86 2.15 4.61
Net Debt to EBITDA
13.20 4.23 2.80 3.59 6.31 4.21 4.65 4.47 1.83 4.30
Long-Term Debt to EBITDA
14.22 4.53 3.02 3.90 7.02 4.57 5.07 4.85 2.05 4.60
Debt to NOPAT
-16.00 13.68 6.91 11.96 -25.90 34.01 49.02 18.78 20.26 26.11
Net Debt to NOPAT
-14.84 12.74 6.39 11.01 -23.22 31.29 44.84 17.27 17.24 24.38
Long-Term Debt to NOPAT
-15.99 13.66 6.90 11.95 -25.86 33.97 48.94 18.74 19.27 26.05
Altman Z-Score
0.27 0.86 1.21 0.94 0.12 0.47 0.56 0.63 0.56 0.58
Noncontrolling Interest Sharing Ratio
-0.60% -0.86% -1.54% -3.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.75 0.80 0.73 0.77 0.87 0.96 1.27 1.26 1.03 1.08
Quick Ratio
0.50 0.55 0.54 0.54 0.65 0.72 0.91 0.93 0.73 0.74
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
926 -3,758 551 -2,646 3,826 -2,452 -383 -6,601 7,153 -386
Operating Cash Flow to CapEx
132.01% 54.28% 114.00% 57.40% 0.00% 97.00% 82.69% 124.49% 124.06% 108.02%
Free Cash Flow to Firm to Interest Expense
2.59 -12.70 2.21 -12.14 16.56 -13.77 -2.04 -35.11 35.23 -1.99
Operating Cash Flow to Interest Expense
9.83 12.93 18.83 16.01 2.99 14.53 13.88 14.09 13.00 13.54
Operating Cash Flow Less CapEx to Interest Expense
2.38 -10.89 2.31 -11.89 17.12 -0.45 -2.90 2.77 2.52 1.01
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.38 0.41 0.49 0.46 0.27 0.43 0.50 0.50 0.49 0.49
Accounts Receivable Turnover
13.57 14.04 15.13 13.10 6.93 9.83 9.72 10.23 11.73 13.42
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.59 0.62 0.80 0.84 0.50 0.73 0.78 1.47 1.44 0.77
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
26.91 25.99 24.12 27.87 52.64 37.13 37.54 35.68 31.11 27.20
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
26.91 25.99 24.12 27.87 52.64 37.13 37.54 35.68 31.11 27.20
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
21,254 23,768 18,118 15,724 11,631 15,964 13,023 12,359 5,075 11,946
Invested Capital Turnover
0.52 0.57 0.71 0.68 0.39 0.63 0.72 1.02 1.02 0.74
Increase / (Decrease) in Invested Capital
-2,514 5,650 2,394 4,093 -4,333 2,941 664 7,284 -6,871 858
Enterprise Value (EV)
26,414 30,538 25,279 27,066 14,256 17,569 14,261 15,181 7,917 14,965
Market Capitalization
2,833 6,421 6,458 11,122 2,470 2,261 1,652 3,395 3,063 3,458
Book Value per Share
($66.22) ($9.64) ($16.95) ($3.90) ($2.22) $8.89 $5.35 $7.04 $2.51 $4.38
Tangible Book Value per Share
($113.80) ($58.47) ($58.82) ($36.35) ($29.65) ($16.84) ($19.43) ($16.58) ($18.84) ($14.47)
Total Capital
23,096 25,534 19,664 17,100 12,990 17,299 14,197 13,393 5,927 12,760
Total Debt
25,413 25,877 20,364 17,309 13,145 16,643 13,783 12,820 5,706 12,321
Total Long-Term Debt
25,393 25,845 20,337 17,290 13,126 16,624 13,760 12,794 5,427 12,295
Net Debt
23,571 24,111 18,818 15,933 11,786 15,308 12,609 11,786 4,854 11,507
Capital Expenditures (CapEx)
2,665 7,052 4,129 6,082 -3,264 2,666 3,155 2,127 2,128 2,432
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,200 -1,043 -1,231 -1,076 -931 -747 -134 -164 -161 -310
Debt-free Net Working Capital (DFNWC)
-666 -488 -661 -542 -239 -61 481 447 329 142
Net Working Capital (NWC)
-686 -520 -688 -561 -258 -80 458 421 50 116
Net Nonoperating Expense (NNE)
229 257 189 164 177 187 116 322 119 159
Net Nonoperating Obligations (NNO)
23,571 24,111 18,818 15,933 11,786 15,308 12,609 11,786 4,854 11,507
Total Depreciation and Amortization (D&A)
4,055 3,490 2,845 2,513 2,594 3,173 2,258 2,240 2,167 2,097
Debt-free, Cash-free Net Working Capital to Revenue
-10.18% -8.69% -10.26% -11.55% -17.23% -8.14% -1.47% -1.85% -1.86% -3.65%
Debt-free Net Working Capital to Revenue
-5.65% -4.06% -5.51% -5.82% -4.42% -0.67% 5.27% 5.05% 3.80% 1.67%
Net Working Capital to Revenue
-5.82% -4.33% -5.74% -6.02% -4.78% -0.87% 5.02% 4.76% 0.58% 1.36%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($51.23) $42.57 $58.41 $19.79 ($9.71) $4.01 $2.08 $4.32 $1.78 $3.02
Adjusted Weighted Average Basic Shares Outstanding
35.11M 35.47M 39.47M 53.77M 69.84M 74.36M 75.77M 80.95M 85.99M 97.04M
Adjusted Diluted Earnings per Share
($51.23) $42.08 $57.16 $19.44 ($9.71) $3.98 $2.06 $4.25 $1.75 $2.98
Adjusted Weighted Average Diluted Shares Outstanding
35.11M 35.47M 39.47M 53.77M 69.84M 74.36M 75.77M 80.95M 85.99M 97.04M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
35.11M 35.47M 39.47M 53.77M 69.84M 74.36M 75.77M 80.95M 85.99M 97.04M
Normalized Net Operating Profit after Tax (NOPAT)
182 1,906 2,960 1,597 -419 397 319 343 314 506
Normalized NOPAT Margin
1.54% 15.87% 24.68% 17.15% -7.75% 4.33% 3.49% 3.88% 3.63% 5.95%
Pre Tax Income Margin
-22.28% 15.94% 30.32% 18.34% -17.70% 3.13% 2.93% 2.38% 3.22% 4.49%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-6.34 7.48 15.54 8.83 -3.14 2.61 2.42 2.12 2.37 2.97
NOPAT to Interest Expense
-4.44 6.39 11.78 6.64 -2.20 2.75 1.50 3.63 1.39 2.43
EBIT Less CapEx to Interest Expense
-13.78 -16.34 -0.97 -19.06 10.99 -12.37 -14.36 -9.19 -8.11 -9.57
NOPAT Less CapEx to Interest Expense
-11.88 -17.43 -4.73 -21.26 11.93 -12.23 -15.29 -7.68 -9.10 -10.10
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 21.71% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-3.85% 79.88% 120.79% 113.80% -17.40% 22.19% 130.91% 58.17% 244.17% 139.30%

Quarterly Metrics And Ratios for Avis Budget Group

This table displays calculated financial ratios and metrics derived from Avis Budget Group's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-4.74% -1.95% -2.36% -2.40% -0.23% -0.25% 0.48% -3.73% 5.14% 7.86% 18.19%
EBITDA Growth
-49.54% -255.08% -17.66% -29.54% -30.48% -20.85% -14.50% -16.62% -9.07% 2.55% 41.95%
EBIT Growth
-883.05% -1,250.21% -49.52% -82.73% -112.55% -59.08% -40.26% -41.99% -37.17% -0.51% 43.03%
NOPAT Growth
-883.05% -601.67% -55.91% -86.84% -111.18% -20.07% -35.59% -40.82% -34.88% 16.51% 51.46%
Net Income Growth
-346.02% -852.69% -62.04% -96.56% -136.22% -38.68% -39.19% -43.67% -40.80% 11.29% 52.97%
EPS Growth
-347.04% -938.36% -60.37% -96.28% -141.58% -34.76% -22.57% -29.92% -20.49% 73.92% 107.37%
Operating Cash Flow Growth
5.09% -2.65% 1.60% -8.20% -28.08% -6.15% -15.96% -21.26% -28.66% -10.39% 15.31%
Free Cash Flow Firm Growth
157.53% 111.20% 99.94% 46.39% -101.59% -175.13% -239.09% -32.34% 16.91% 48.00% 86.39%
Invested Capital Growth
-14.13% -10.58% 1.30% 9.36% 27.42% 31.18% 36.14% 23.57% 18.51% 15.23% 18.56%
Revenue Q/Q Growth
-10.33% -22.13% 14.17% 19.48% -7.71% -22.45% 14.12% 22.14% -7.72% -21.88% 9.34%
EBITDA Q/Q Growth
126.40% -210.76% 41.46% 21.98% -18.48% -41.20% 21.05% 20.35% -7.61% -36.48% 18.05%
EBIT Q/Q Growth
78.90% -748.35% 268.70% 294.92% -125.21% -71.55% 26.13% 41.70% -19.52% -58.46% 22.47%
NOPAT Q/Q Growth
78.90% -727.37% 380.09% 254.69% -111.00% -44.87% 43.28% 31.46% -23.03% -55.57% 31.65%
Net Income Q/Q Growth
74.25% -922.27% 1,486.67% 113.27% -143.46% -58.53% 43.81% 39.74% -26.42% -58.87% 33.20%
EPS Q/Q Growth
73.95% -928.27% 1,521.95% 112.77% -148.86% -60.85% 52.41% 42.62% -23.34% -53.53% 37.94%
Operating Cash Flow Q/Q Growth
-19.82% -39.36% 44.00% 50.08% -25.73% -36.71% 30.11% 17.58% -3.08% -43.33% 21.91%
Free Cash Flow Firm Q/Q Growth
421.11% 18,097.34% 99.84% 61.39% -1.27% 6.43% -46.32% -45.17% -38.43% -15.32% 42.89%
Invested Capital Q/Q Growth
-0.50% -11.94% -2.83% 0.86% 3.61% -0.24% 4.91% 17.52% 6.67% 3.53% -4.78%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
EBITDA Margin
18.23% -61.92% 43.53% 35.14% 34.42% 39.15% 51.63% 48.67% 49.39% 49.33% 60.67%
Operating Margin
-23.87% -101.44% 12.18% 3.77% -2.31% 8.65% 23.57% 21.33% 18.38% 21.08% 39.64%
EBIT Margin
-23.87% -101.44% 12.18% 3.77% -2.31% 8.65% 23.57% 21.33% 18.38% 21.08% 39.64%
Profit (Net Income) Margin
-20.74% -72.21% 6.84% 0.49% -4.43% 9.41% 17.59% 13.96% 12.20% 15.30% 29.07%
Tax Burden Percent
74.45% 68.88% 72.34% 55.56% 79.58% 160.49% 82.83% 72.91% 78.59% 82.17% 76.83%
Interest Burden Percent
116.72% 103.35% 77.59% 23.48% 240.68% 67.78% 90.12% 89.79% 84.47% 88.36% 95.45%
Effective Tax Rate
0.00% 0.00% 27.66% 44.44% 0.00% -60.49% 17.17% 27.09% 21.41% 17.83% 23.17%
Return on Invested Capital (ROIC)
-8.52% -37.19% 4.35% 1.05% -0.88% 7.96% 11.35% 9.08% 9.83% 12.28% 22.26%
ROIC Less NNEP Spread (ROIC-NNEP)
-8.92% -37.32% 4.07% 0.85% -1.20% 7.38% 11.02% 8.84% 9.52% 11.95% 21.96%
Return on Net Nonoperating Assets (RNNOA)
131.90% 669.05% -763.19% -67.32% 56.95% -303.81% -862.48% -478.31% -247.65% -456.99% -1,027.04%
Return on Equity (ROE)
123.38% 631.86% -758.84% -66.26% 56.06% -295.85% -851.13% -469.23% -237.82% -444.71% -1,004.78%
Cash Return on Invested Capital (CROIC)
6.67% 4.11% 1.87% -4.28% -17.39% -17.94% -20.78% -9.34% -1.53% 3.26% 0.87%
Operating Return on Assets (OROA)
-8.90% -38.82% 4.44% 1.38% -0.91% 3.55% 9.85% 8.90% 8.74% 10.42% 19.97%
Return on Assets (ROA)
-7.74% -27.64% 2.49% 0.18% -1.75% 3.86% 7.35% 5.83% 5.80% 7.56% 14.65%
Return on Common Equity (ROCE)
124.05% 635.66% -800.17% -67.57% 56.65% -298.40% -862.26% -474.69% -239.82% -451.56% -1,026.16%
Return on Equity Simple (ROE_SIMPLE)
78.24% 0.00% -168.07% -161.02% -234.95% 0.00% 0.00% -1,707.75% -572.30% 0.00% -533.01%
Net Operating Profit after Tax (NOPAT)
-406 -1,924 307 64 -41 384 696 486 369 480 1,080
NOPAT Margin
-16.71% -71.01% 8.81% 2.10% -1.62% 13.88% 19.52% 15.55% 14.45% 17.32% 30.45%
Net Nonoperating Expense Percent (NNEP)
0.40% 0.14% 0.29% 0.20% 0.32% 0.58% 0.33% 0.24% 0.31% 0.32% 0.30%
Return On Investment Capital (ROIC_SIMPLE)
-1.77% -8.33% - - - 1.50% - - - 2.44% -
Cost of Revenue to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue
68.35% 69.19% 55.80% 61.68% 65.43% 60.02% 54.43% 59.33% 63.79% 59.44% 52.10%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
123.87% 201.44% 87.82% 96.23% 102.31% 91.35% 76.43% 78.67% 81.62% 78.92% 60.36%
Earnings before Interest and Taxes (EBIT)
-580 -2,749 424 115 -59 239 840 666 470 584 1,406
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
443 -1,678 1,515 1,071 878 1,082 1,840 1,520 1,263 1,367 2,152
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.23 0.24 0.26 0.31 0.37 0.53 0.55 0.72 0.60 0.54 0.58
Price to Earnings (P/E)
0.00 0.00 7.89 4.75 3.68 3.93 3.68 3.92 2.87 2.34 2.49
Dividend Yield
0.00% 0.00% 11.42% 9.57% 8.17% 5.64% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 12.68% 21.07% 27.19% 25.42% 27.16% 25.51% 34.87% 42.80% 40.16%
Enterprise Value to Invested Capital (EV/IC)
1.26 1.24 1.14 1.17 1.20 1.28 1.28 1.39 1.40 1.40 1.42
Enterprise Value to Revenue (EV/Rev)
2.28 2.24 2.32 2.44 2.46 2.54 2.54 2.62 2.23 2.11 2.10
Enterprise Value to EBITDA (EV/EBITDA)
19.71 14.79 6.06 5.97 5.56 5.35 5.09 5.00 4.10 3.76 3.70
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 38.51 25.71 17.59 13.79 11.90 10.07 7.50 6.51 6.37
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 36.20 26.20 19.99 16.14 15.01 13.04 9.86 8.58 8.61
Enterprise Value to Operating Cash Flow (EV/OCF)
7.51 7.51 7.77 8.26 8.22 7.98 7.85 7.64 6.18 5.37 5.16
Enterprise Value to Free Cash Flow (EV/FCFF)
17.45 28.53 61.16 0.00 0.00 0.00 0.00 0.00 0.00 45.84 176.58
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
-9.17 -10.97 -114.62 -56.08 -52.88 -75.44 -914.18 -196.44 -48.36 -29.09 -38.49
Long-Term Debt to Equity
-8.99 -10.96 -112.27 -56.02 -52.08 -75.35 -913.11 -196.17 -48.28 -29.05 -38.44
Financial Leverage
-14.79 -17.93 -187.61 -79.33 -47.31 -41.16 -78.24 -54.09 -26.02 -38.23 -46.76
Leverage Ratio
-18.85 -23.16 -253.12 -107.54 -64.19 -56.08 -107.48 -74.28 -35.79 -53.39 -66.39
Compound Leverage Factor
-22.01 -23.94 -196.41 -25.25 -154.49 -38.02 -96.86 -66.69 -30.23 -47.17 -63.37
Debt to Total Capital
112.24% 110.03% 100.88% 101.82% 101.93% 101.34% 100.11% 100.51% 102.11% 103.56% 102.67%
Short-Term Debt to Total Capital
2.21% 0.09% 2.08% 0.11% 1.54% 0.13% 0.12% 0.14% 0.16% 0.14% 0.14%
Long-Term Debt to Total Capital
110.03% 109.95% 98.80% 101.71% 100.39% 101.22% 99.99% 100.37% 101.95% 103.42% 102.53%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.05% 0.04% 0.03% 0.03% 0.03% 0.02% 0.02% 0.02% 0.01% 0.02% 0.01%
Common Equity to Total Capital
-12.29% -10.08% -0.91% -1.85% -1.95% -1.37% -0.13% -0.53% -2.13% -3.58% -2.68%
Debt to EBITDA
19.07 14.23 5.78 5.55 5.05 4.54 4.27 3.90 3.23 3.03 2.91
Net Debt to EBITDA
17.73 13.20 5.37 5.20 4.73 4.23 3.98 3.62 2.99 2.80 2.69
Long-Term Debt to EBITDA
18.70 14.22 5.66 5.55 4.98 4.53 4.27 3.89 3.22 3.02 2.91
Debt to NOPAT
-13.19 -16.00 34.56 24.37 18.16 13.68 12.61 10.17 7.76 6.91 6.78
Net Debt to NOPAT
-12.27 -14.84 32.08 22.83 16.99 12.74 11.75 9.46 7.20 6.39 6.25
Long-Term Debt to NOPAT
-12.93 -15.99 33.85 24.35 17.88 13.66 12.59 10.16 7.75 6.90 6.77
Altman Z-Score
0.41 0.22 0.59 0.57 0.56 0.66 0.73 0.74 0.77 0.79 0.89
Noncontrolling Interest Sharing Ratio
-0.54% -0.60% -5.45% -1.98% -1.05% -0.86% -1.31% -1.16% -0.84% -1.54% -2.13%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.64 0.75 0.70 0.86 0.76 0.80 0.81 0.79 0.72 0.73 0.72
Quick Ratio
0.41 0.50 0.46 0.55 0.51 0.55 0.54 0.52 0.49 0.54 0.53
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
3,073 590 -3.28 -2,062 -5,341 -5,266 -5,628 -3,846 -2,650 -1,914 -1,660
Operating Cash Flow to CapEx
85.03% 2,412.50% 1,872.06% 84.84% 38.67% 214.32% 74.90% 28.59% 49.91% 125.56% 0.00%
Free Cash Flow to Firm to Interest Expense
31.68 6.41 -0.03 -23.43 -64.35 -70.22 -70.35 -56.57 -36.30 -27.74 -25.93
Operating Cash Flow to Interest Expense
6.38 8.39 13.40 10.05 7.10 10.57 15.66 14.16 11.22 12.25 23.30
Operating Cash Flow Less CapEx to Interest Expense
-1.12 8.04 12.68 -1.80 -11.25 5.64 -5.25 -35.37 -11.26 2.49 27.88
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.37 0.38 0.36 0.37 0.39 0.41 0.42 0.42 0.48 0.49 0.50
Accounts Receivable Turnover
12.25 13.57 12.91 12.18 13.10 14.04 13.45 13.57 15.34 15.13 14.02
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.57 0.59 0.54 0.54 0.59 0.62 0.64 0.63 0.74 0.80 0.83
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Sales Outstanding (DSO)
29.80 26.91 28.28 29.98 27.87 25.99 27.14 26.89 23.79 24.12 26.03
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle (CCC)
29.80 26.91 28.28 29.98 27.87 25.99 27.14 26.89 23.79 24.12 26.03
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
21,147 21,254 24,135 24,837 24,626 23,768 23,825 22,711 19,326 18,118 17,501
Invested Capital Turnover
0.51 0.52 0.49 0.50 0.55 0.57 0.58 0.58 0.68 0.71 0.73
Increase / (Decrease) in Invested Capital
-3,479 -2,514 310 2,126 5,300 5,650 6,324 4,332 3,019 2,394 2,740
Enterprise Value (EV)
26,634 26,414 27,497 29,053 29,577 30,538 30,472 31,479 27,075 25,279 24,790
Market Capitalization
2,665 2,833 3,124 3,726 4,436 6,421 6,614 8,639 7,305 6,458 6,780
Book Value per Share
($80.38) ($66.22) ($6.67) ($13.75) ($14.45) ($9.64) ($0.85) ($3.24) ($11.25) ($16.95) ($10.59)
Tangible Book Value per Share
($128.48) ($113.80) ($55.91) ($62.47) ($63.43) ($58.47) ($45.74) ($47.28) ($55.21) ($58.82) ($45.81)
Total Capital
22,958 23,096 26,020 26,547 26,353 25,534 25,569 24,430 20,884 19,664 19,009
Total Debt
25,769 25,413 26,249 27,029 26,861 25,877 25,597 24,555 21,325 20,364 19,516
Total Long-Term Debt
25,261 25,393 25,709 27,001 26,456 25,845 25,567 24,521 21,291 20,337 19,489
Net Debt
23,958 23,571 24,364 25,319 25,134 24,111 23,853 22,836 19,767 18,818 18,008
Capital Expenditures (CapEx)
728 32 68 1,042 1,523 370 1,673 3,368 1,641 673 -293
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-1,236 -1,200 -1,069 -889 -858 -1,043 -1,079 -1,148 -1,280 -1,231 -1,324
Debt-free Net Working Capital (DFNWC)
-720 -666 -467 -378 -336 -488 -507 -577 -732 -661 -743
Net Working Capital (NWC)
-1,228 -686 -1,007 -406 -741 -520 -537 -611 -766 -688 -770
Net Nonoperating Expense (NNE)
98 33 69 49 72 124 69 50 57 56 49
Net Nonoperating Obligations (NNO)
23,958 23,571 24,364 25,319 25,134 24,111 23,853 22,836 19,767 18,818 18,008
Total Depreciation and Amortization (D&A)
1,023 1,071 1,091 956 937 843 1,000 854 793 783 746
Debt-free, Cash-free Net Working Capital to Revenue
-10.59% -10.18% -9.03% -7.45% -7.15% -8.69% -8.98% -9.57% -10.56% -10.26% -11.23%
Debt-free Net Working Capital to Revenue
-6.17% -5.65% -3.94% -3.17% -2.80% -4.06% -4.22% -4.81% -6.04% -5.51% -6.30%
Net Working Capital to Revenue
-10.52% -5.82% -8.50% -3.40% -6.17% -4.33% -4.47% -5.09% -6.32% -5.74% -6.53%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($14.35) ($55.10) $6.67 $0.41 ($3.21) $6.60 $16.96 $11.13 $7.88 $10.32 $22.08
Adjusted Weighted Average Basic Shares Outstanding
35.19M 35.11M 35.14M 35.66M 35.65M 35.47M 36.22M 38.74M 39.76M 39.47M 41.47M
Adjusted Diluted Earnings per Share
($14.35) ($55.08) $6.65 $0.41 ($3.21) $6.57 $16.78 $11.01 $7.72 $10.07 $21.67
Adjusted Weighted Average Diluted Shares Outstanding
35.19M 35.11M 35.14M 35.66M 35.65M 35.47M 36.22M 38.74M 39.76M 39.47M 41.47M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
35.19M 35.11M 35.14M 35.66M 35.65M 35.47M 36.22M 38.74M 39.76M 39.47M 41.47M
Normalized Net Operating Profit after Tax (NOPAT)
-391 -1,901 311 73 -39 173 698 486 373 482 1,082
Normalized NOPAT Margin
-16.07% -70.16% 8.94% 2.39% -1.51% 6.26% 19.59% 15.57% 14.57% 17.41% 30.50%
Pre Tax Income Margin
-27.86% -104.83% 9.45% 0.89% -5.57% 5.86% 21.24% 19.15% 15.53% 18.62% 37.83%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
-5.98 -29.88 4.46 1.31 -0.71 3.19 10.50 9.79 6.44 8.46 21.97
NOPAT to Interest Expense
-4.19 -20.92 3.23 0.73 -0.50 5.11 8.70 7.14 5.06 6.95 16.88
EBIT Less CapEx to Interest Expense
-13.48 -30.23 3.75 -10.53 -19.06 -1.75 -10.41 -39.74 -16.04 -1.29 26.55
NOPAT Less CapEx to Interest Expense
-11.69 -21.26 2.51 -11.11 -18.85 0.18 -12.22 -42.39 -17.42 -2.80 21.46
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 21.71% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-2.63% -3.85% 71.50% 97.21% 75.62% 79.88% 80.32% 80.84% 81.90% 120.79% 111.94%

Frequently Asked Questions About Avis Budget Group's Financials

When does Avis Budget Group's fiscal year end?

According to the most recent income statement we have on file, Avis Budget Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Avis Budget Group's net income changed over the last 9 years?

Avis Budget Group's net income appears to be on an upward trend, with a most recent value of -$1.82 billion in 2024, falling from $313 million in 2015. The previous period was $1.64 billion in 2023. Find out what analysts predict for Avis Budget Group in the coming months.

What is Avis Budget Group's operating income?
Avis Budget Group's total operating income in 2024 was -$2.27 billion, based on the following breakdown:
  • Total Gross Profit: $11.79 billion
  • Total Operating Expenses: $14.06 billion
How has Avis Budget Group revenue changed over the last 9 years?

Over the last 9 years, Avis Budget Group's total revenue changed from $8.50 billion in 2015 to $11.79 billion in 2024, a change of 38.7%.

How much debt does Avis Budget Group have?

Avis Budget Group's total liabilities were at $31.36 billion at the end of 2024, a 4.7% decrease from 2023, and a 82.4% increase since 2015.

How much cash does Avis Budget Group have?

In the past 9 years, Avis Budget Group's cash and equivalents has ranged from $452 million in 2015 to $692 million in 2020, and is currently $534 million as of their latest financial filing in 2024.

How has Avis Budget Group's book value per share changed over the last 9 years?

Over the last 9 years, Avis Budget Group's book value per share changed from 4.38 in 2015 to -66.22 in 2024, a change of -1,613.1%.



This page (NASDAQ:CAR) was last updated on 5/29/2025 by MarketBeat.com Staff
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