Avis Budget Group Overview

  • Year Founded
  • 1946

Year Founded

  • Status
  • Public

  • Employees
  • 31,000

Employees

  • Stock Symbol
  • CAR

Stock Symbol

  • Investments
  • 36

  • Share Price
  • $97.28
  • (As of Wednesday Closing)

Avis Budget Group General Information

Description

Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.

Contact Information

Formerly Known As
Cuc International Inc
Ownership Status
Publicly Held
Financing Status
Private Debt Financed
Primary Industry
Road
Other Industries
Automotive
Other Commercial Services
Stock Exchange
NAS
Corporate Office
  • 379 Interpace Parkway
  • Parsippany, NJ 07054
  • United States
+1 (866) 000-0000

Avis Budget Group Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Avis Budget Group Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$97.28 $104.53 $93.53 - $235.64 $3.47B 35.6M 646K $32.06

Avis Budget Group Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 30,247,992 31,971,594 26,222,589 27,954,533
Revenue 12,369,000 12,664,000 13,013,000 9,674,000
EBITDA 5,272,000 5,660,000 6,697,000 4,406,000
Net Income 1,207,000 1,632,000 2,764,000 1,285,000
Total Assets 33,528,000 32,569,000 25,927,000 22,600,000
Total Debt 27,419,000 26,453,000 20,919,000 17,805,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Avis Budget Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Avis Budget Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budg
Road
Parsippany, NJ
31,000 As of 2023
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Estero, FL
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0000
Kifissia, Greece
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000000000 000.00
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Avis Budget Group Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hertz Formerly PE-Backed Estero, FL 00000 000 000000000 00 000
Autohellas Corporation Kifissia, Greece 0000 000.00 000000000 000.00
Europcar Mobility Group Formerly PE-Backed Paris, France 0000 00.000 000000&0 00.000
eHi Auto Services Private Equity-Backed Shanghai, China 0000 00000 000000000000 00000
Europcar Ireland Corporate Backed or Acquired Dublin, Ireland 0000 000000&0
You’re viewing 5 of 8 competitors. Get the full list »

Avis Budget Group Patents

Avis Budget Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11587370-B2 Distributed maintenance system and methods for connected fleet Active 19-Feb-2018 000000000 00
US-20220084326-A1 Distributed maintenance system and methods for connected fleet Active 19-Feb-2018 000000000 00
US-20190318549-A1 Distributed maintenance system and methods for connected fleet Active 19-Feb-2018 000000000
US-11182984-B2 Distributed maintenance system and methods for connected fleet Active 19-Feb-2018 000000000 00
US-20230401902-A1 Distributed maintenance system and methods for connected fleet Pending 19-Feb-2018 G07C5/008
To view Avis Budget Group’s complete patent history, request access »

Avis Budget Group Executive Team (49)

Name Title Board Seat
Keith Rankin President, Divisional
Izilda Martins Chief Financial Officer
John North III Chief Financial Officer
Alan Olivier-Smith General Manager, UK
Cathleen DeGenova Chief Accounting Officer, Accounting
You’re viewing 5 of 49 executive team members. Get the full list »

Avis Budget Group Board Members (21)

Name Representing Role Since
Anu Hariharan Avis Budget Group Board Member 000 0000
Bernardo Hees Avis Budget Group Member of Executive Committee & Chairman 000 0000
Carl Sparks Self Board Member 000 0000
Glenn Lurie Self Board Member & Member of the Audit Committee 000 0000
Jagdeep Pahwa Avis Budget Group Chairman & Board Member 000 0000
You’re viewing 5 of 21 board members. Get the full list »

Avis Budget Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Avis Budget Group Investments & Acquisitions (36)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
McNicoll Vehicle Hire 25-Sep-2023 0000000000 000.00 Automotive 0000 0000
Bluedot (Information Services (B2C)) 01-Jun-2022 0000 00000 000 Information Services (B2C)
Crispify 17-Sep-2020 00000 0000 00000 Road
CityMaaS 12-May-2020 0000 00000 Information Services (B2C)
IZIRepair 30-Dec-2019 Accelerator/Incubator Other Services (B2C Non-Financial)
You’re viewing 5 of 36 investments and acquisitions. Get the full list »

Avis Budget Group Subsidiaries (16)

Company Name Industry Location Founded
Avis Budget UK Other Commercial Services Bracknell, United Kingdom 2011
McNicoll Vehicle Hire Automotive Edinburgh, United Kingdom 0000
Zipcar Automotive Boston, MA 0000
Budget Rent a Car (New Jersey) Automotive Parsippany-Troy Hills, NJ 0000
NRT Real Estate Services (B2C) Madison, NJ 0000
You’re viewing 5 of 16 subsidiaries. Get the full list »

Avis Budget Group ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

13.63 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

0.00

Percentile

Transportation

Industry

00 of 407

Rank

0.00

Percentile

Trucking

Subindustry

0. of 73

Rank

00.00

Percentile

To view Avis Budget Group’s complete esg history, request access »

Avis Budget Group Exits (5)

Company Name Exit Date Exit Type Exit Size Status Buyers
IZIRepair 30-Dec-2019 000000000000000000 Completed
  • 0000 000000 00000
Go Now 01-Sep-2006 00000 0000000 Completed
  • 3 buyers
Ebookers 02-Dec-2004 000000000000000000 00000 Completed
  • 0000 000000 00000
Jackson Hewitt 07-Jan-1998 000000000000000000 00000 Completed
  • 0000 000000 00000
Fetch (Automotive) Corporate Completed
To view Avis Budget Group’s complete exits history, request access »

Avis Budget Group FAQs

  • When was Avis Budget Group founded?

    Avis Budget Group was founded in 1946.

  • Who is the CEO of Avis Budget Group?

    Joseph Ferraro is the CEO of Avis Budget Group.

  • Where is Avis Budget Group headquartered?

    Avis Budget Group is headquartered in Parsippany, NJ.

  • What is the size of Avis Budget Group?

    Avis Budget Group has 31,000 total employees.

  • What industry is Avis Budget Group in?

    Avis Budget Group’s primary industry is Road.

  • Is Avis Budget Group a private or public company?

    Avis Budget Group is a Public company.

  • What is Avis Budget Group’s stock symbol?

    The ticker symbol for Avis Budget Group is CAR.

  • What is the current stock price of Avis Budget Group?

    As of 24-Jul-2024 the stock price of Avis Budget Group is $97.28.

  • What is the current market cap of Avis Budget Group?

    The current market capitalization of Avis Budget Group is $3.47B.

  • What is Avis Budget Group’s current revenue?

    The trailing twelve month revenue for Avis Budget Group is $12.4B.

  • Who are Avis Budget Group’s competitors?

    Hertz, Autohellas, Europcar Mobility Group, eHi Auto Services, and Europcar Ireland are some of the 8 competitors of Avis Budget Group.

  • What is Avis Budget Group’s annual earnings per share (EPS)?

    Avis Budget Group’s EPS for 12 months was $32.06.

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