Avis Budget Group (CAR)
Industrials · Vehicle rental and car sharing
Avis Budget Group operates the world's leading network of car rental brands (Avis, Budget, Zipcar) across 180 countries, now expanding into autonomous ride-hailing through a strategic Waymo partnership.
What Avis Budget Group does
Avis Budget Group is a leading global provider of vehicle rental and mobility solutions, operating approximately 10,000 rental locations across ~180 countries through its three main brands: Avis (premium rental), Budget (value rental, including commercial truck rental), and Zipcar (car sharing). The company completed approximately 38 million vehicle rental transactions worldwide in 2025 with a global rental fleet averaging 684,000 vehicles, generating $11.7 billion in annual revenue across two reportable segments (Americas and International).
Themes: ["vehicle rental / car rental","car sharing / short-term vehicle access","commercial truck rental","mobility solutions","autonomous ride-hailing (Waymo partnership)","digital transformation / mobile technology","customer experience / loyalty programs","used vehicle market"]
Fundamentals
- Price$159.68 as of 2026-07-09 close
- Market cap$5.6B as of 2026-07-10
- 1-year return-10.2% as of 2026-07-09 close
- Net margin-5.7% as of 2026-07-10
- Gross margin+60.3% as of 2026-07-10
- ROE+432.6% as of 2026-07-10
- Debt / equity159.85 as of 2026-07-10
- Revenue growth (YoY)+0.7% as of 2026-07-10
- Revenue CAGR (3y)-1.0% SEC XBRL
- Beta1.90 as of 2026-07-10
Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["High competition in mobility industry from new entrants and technology disruptors; intense pricing pressure and vulnerability to shifts in rental demand, including from autonomous vehicles","Fleet cost volatility driven by new vehicle prices (inflation, tariffs, supply disruptions), manufacturer recalls, semiconductor shortages, used vehicle market fluctuations, and ability of manufacturers to fulfill repurchase/depreciation commitments","Travel demand volatility and economic sensitivity—recessions, reduced discretionary consumer spending (especially during peak seasons), geopolitical events (Middle East/Eastern Europe conflicts), pandemics, fuel/energy cost spikes, and labor disputes can materially impact revenues and profitability"]
Competitors & peers
- Hertz Global Holdings
- Enterprise Holdings (private, but major competitor)
- Europcar Mobility Group
- Advantage Rent A Car
- National Car Rental (Enterprise subsidiary)
- Green Motion
- Turo (peer-to-peer car sharing)
- Mobility platforms and autonomous vehicle operators
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.