CAR RSI Chart
Last 7 days
5.7%
Last 30 days
-2.7%
Last 90 days
-28.8%
Trailing 12 Months
-26.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 12.0B | 0 | 0 | 0 |
2023 | 12.1B | 12.0B | 12.0B | 12.0B |
2022 | 10.4B | 11.2B | 11.8B | 12.0B |
2021 | 5.0B | 6.6B | 8.1B | 9.3B |
2020 | 9.0B | 7.4B | 6.2B | 5.4B |
2019 | 9.1B | 9.1B | 9.1B | 9.2B |
2018 | 9.0B | 9.1B | 9.1B | 9.1B |
2017 | 8.6B | 8.6B | 8.7B | 8.8B |
2016 | 8.5B | 8.6B | 8.7B | 8.7B |
2015 | 8.5B | 8.5B | 8.5B | 8.5B |
2014 | 8.1B | 8.3B | 8.4B | 8.5B |
2013 | 7.4B | 7.6B | 7.8B | 7.9B |
2012 | 5.0B | 5.5B | 6.0B | 7.4B |
2011 | 5.3B | 5.4B | 5.5B | 4.6B |
2010 | 5.1B | 5.1B | 5.1B | 5.2B |
2009 | 0 | 5.7B | 5.4B | 5.1B |
2008 | 0 | 0 | 0 | 6.0B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 09, 2024 | linnen edward p | sold (taxes) | -480,756 | 111 | -4,294 | evp, chief hr officer |
Mar 09, 2024 | choi brian j | acquired | - | - | 26,412 | evp and cto - see remarks |
Mar 09, 2024 | degenova cathleen | acquired | - | - | 2,396 | chief accounting officer |
Mar 09, 2024 | ferraro joseph a. | sold (taxes) | -4,751,250 | 111 | -42,437 | president and ceo |
Mar 09, 2024 | martins izilda p | acquired | - | - | 13,981 | evp and cfo |
Mar 09, 2024 | simhambhatla ravi | acquired | - | - | 756 | evp, cdio - see remarks |
Mar 09, 2024 | hees bernardo | acquired | - | - | 25,392 | executive chairman |
Mar 09, 2024 | martins izilda p | sold (taxes) | -681,053 | 111 | -6,083 | evp and cfo |
Mar 09, 2024 | degenova cathleen | sold (taxes) | -124,723 | 111 | -1,114 | chief accounting officer |
Mar 09, 2024 | choi brian j | sold (taxes) | -1,407,450 | 111 | -12,571 | evp and cto - see remarks |
Which funds bought or sold CAR recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | Edgestream Partners, L.P. | sold off | -100 | -1,304,100 | - | -% |
May 10, 2024 | PNC Financial Services Group, Inc. | added | 51.91 | 9,173 | 194,587 | -% |
May 10, 2024 | WELLS FARGO & COMPANY/MN | added | 4.03 | -108,853 | 278,106 | -% |
May 10, 2024 | JPMORGAN CHASE & CO | added | 505 | 33,777,100 | 44,391,600 | -% |
May 10, 2024 | VANGUARD GROUP INC | reduced | -2.65 | -105,811,000 | 217,294,000 | -% |
May 10, 2024 | Mitsubishi UFJ Trust & Banking Corp | reduced | -74.49 | -1,876,240 | 414,571 | -% |
May 10, 2024 | Cullen/Frost Bankers, Inc. | unchanged | - | -74,528 | 166,546 | -% |
May 10, 2024 | MIZUHO MARKETS AMERICAS LLC | sold off | -100 | -2,978,850 | - | -% |
May 10, 2024 | Pacer Advisors, Inc. | reduced | -0.87 | -154,845 | 336,520 | -% |
May 10, 2024 | ONTARIO TEACHERS PENSION PLAN BOARD | added | 9.44 | -405,744 | 1,257,660 | 0.01% |
Unveiling Avis Budget Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Avis Budget Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ADP | 101.4B | 18.9B | 27.42 | 5.36 | ||||
CTAS | 70.0B | 9.4B | 46.59 | 7.44 | ||||
CPRT | 52.5B | 4.1B | 38.7 | 12.93 | ||||
EFX | 30.3B | 5.4B | 54.23 | 5.65 | ||||
BAH | 19.7B | 10.3B | 48.12 | 1.91 | ||||
ALLE | 11.0B | 3.6B | 20.33 | 3.04 | ||||
MID-CAP | ||||||||
RHI | 7.5B | 6.2B | 21.17 | 1.21 | ||||
AL | 5.4B | 2.7B | 9.33 | 2.01 | ||||
SRCL | 4.4B | 2.6B | -223.35 | 1.65 | ||||
ABM | 2.9B | 8.2B | 11.25 | 0.35 | ||||
SMALL-CAP | ||||||||
AZZ | 1.9B | 2.7B | 18.91 | 0.71 | ||||
ALTG | 283.4M | 1.9B | 31.84 | 0.15 | ||||
ARC | 119.2M | 283.1M | 13.62 | 0.42 | ||||
AQMS | 54.9M | 1.1M | -2.29 | 49.78 | ||||
AWX | 9.1M | 81.0M | -8.25 | 0.11 |
Avis Budget Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -7.7% | 2,551 | 2,764 | 3,564 | 3,123 | 2,557 | 2,771 | 3,547 | 3,244 | 2,432 | 2,569 | 3,001 | 2,371 | 1,372 | 1,355 | 1,534 | 760 | 1,753 | 2,162 | 2,753 | 2,337 | 1,920 |
Costs and Expenses | 3.5% | 2,693 | 2,602 | 2,807 | 2,525 | 2,160 | 2,255 | 2,205 | 2,161 | 1,737 | 2,026 | 2,072 | 1,885 | 1,622 | 1,490 | 1,481 | 1,369 | 2,018 | 2,148 | 2,425 | 2,256 | 2,056 |
Operating Expenses | -0.4% | 1,344 | 1,350 | 1,543 | 1,475 | 1,307 | 1,325 | 1,464 | 1,349 | 1,147 | 1,166 | 1,225 | 1,032 | 832 | 817 | 825 | 622 | 1,058 | 1,164 | 1,291 | 1,172 | 1,071 |
S&GA Expenses | 5.2% | 325 | 309 | 397 | 378 | 324 | 322 | 384 | 359 | 283 | 308 | 361 | 294 | 182 | 154 | 166 | 132 | 251 | 290 | 350 | 313 | 284 |
EBITDA Margin | -23.9% | 0.14* | 0.18* | 0.21* | 0.26* | 0.30* | 0.32* | 0.33* | 0.31* | 0.28* | 0.21* | 0.16* | 0.06* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 10.7% | 83.00 | 75.00 | 80.00 | 68.00 | 73.00 | 69.00 | 64.00 | 64.00 | 53.00 | 51.00 | 47.00 | 59.00 | 61.00 | 68.00 | 64.00 | 51.00 | 48.00 | 39.00 | 49.00 | 48.00 | 42.00 |
Income Taxes | 70.4% | -29.00 | -98.00 | 130 | 162 | 85.00 | 92.00 | 311 | 309 | 168 | 162 | 255 | 88.00 | -80.00 | -45.00 | 8.00 | -128 | -107 | -128 | 139 | 19.00 | -45.00 |
Earnings Before Taxes | -187.7% | -142 | 162 | 757 | 598 | 397 | 516 | 1,342 | 1,083 | 695 | 543 | 929 | 486 | -250 | -135 | 53.00 | -609 | -265 | 14.00 | 328 | 81.00 | -136 |
EBT Margin | -28.1% | 0.11* | 0.16* | 0.19* | 0.24* | 0.28* | 0.30* | 0.31* | 0.29* | 0.26* | 0.18* | 0.13* | 0.02* | - | - | - | - | - | - | - | - | - |
Net Income | -144.0% | -114 | 259 | 626 | 435 | 312 | 423 | 1,034 | 778 | 529 | 382 | 675 | 398 | -170 | -90.00 | 45.00 | -481 | -158 | 142 | 189 | 62.00 | -91.00 |
Net Income Margin | -26.1% | 0.10* | 0.14* | 0.15* | 0.18* | 0.21* | 0.23* | 0.23* | 0.21* | 0.19* | 0.14* | 0.10* | 0.03* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -25.7% | 589 | 793 | 1,253 | 963 | 819 | 845 | 1,491 | 1,223 | 1,148 | 943 | 1,293 | 919 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 2.9% | 33,528 | 32,569 | 32,304 | 31,395 | 27,388 | 25,927 | 25,197 | 26,095 | 23,573 | 22,600 | 21,610 | 22,013 | 18,609 | 17,538 | 19,596 | 21,690 | 23,552 | 23,126 | 23,108 | 24,455 | 22,902 |
Current Assets | 9.1% | 2,333 | 2,139 | 2,226 | 2,233 | 1,983 | 1,886 | 1,976 | 2,065 | 1,768 | 1,847 | 2,267 | 2,736 | 1,868 | 1,795 | 2,635 | 2,240 | 1,927 | 2,145 | 2,147 | 2,286 | 2,137 |
Cash Equivalents | 7.9% | 599 | 555 | 572 | 571 | 548 | 570 | 581 | 579 | 550 | 626 | 886 | 1,324 | 576 | 765 | 1,564 | 1,258 | 679 | 900 | 615 | 534 | 540 |
Net PPE | -1.4% | 709 | 719 | 647 | 624 | 604 | 594 | 506 | 520 | 531 | 537 | 540 | 578 | 611 | 657 | 692 | 729 | 767 | 792 | 752 | 749 | 737 |
Goodwill | -1.0% | 1,088 | 1,099 | 10.00 | 1,082 | 1,076 | 1,070 | 1,031 | 1,066 | 1,096 | 1,108 | 1,114 | 1,127 | 1,121 | 1,137 | 1,112 | 1,077 | 1,069 | 1,101 | 1,083 | 1,107 | 1,086 |
Current Liabilities | 15.6% | 3,074 | 2,659 | 2,763 | 2,844 | 2,749 | 2,574 | 2,746 | 2,771 | 2,702 | 2,408 | 2,498 | 2,467 | 2,190 | 2,053 | 2,166 | 2,103 | 2,263 | 2,225 | 2,290 | 2,669 | 2,258 |
Short Term Borrowings | 1165.6% | 405 | 32.00 | - | - | - | 27.00 | - | - | - | 19.00 | - | - | - | - | - | - | - | - | - | - | - |
Long Term Debt | 5.0% | 5,032 | 4,791 | 4,736 | 4,668 | 4,662 | 4,644 | 4,563 | 4,624 | 4,678 | 3,990 | 4,009 | 4,277 | 4,264 | 4,191 | 4,145 | 3,884 | 3,396 | 3,416 | 3,388 | 3,115 | 3,501 |
LT Debt, Current | - | - | - | 30.00 | 34.00 | 34.00 | 27.00 | 27.00 | 27.00 | 27.00 | 19.00 | 18.00 | 21.00 | 19.00 | 19.00 | 19.00 | 19.00 | 118 | 19.00 | 95.00 | 420 | 23.00 |
LT Debt, Non Current | -100.0% | - | 4,791 | 4,736 | 4,668 | 4,662 | 4,644 | 4,563 | 4,624 | 4,678 | 3,990 | 4,009 | 4,277 | 4,264 | 4,191 | 4,145 | 3,884 | 3,396 | 3,416 | 3,388 | 3,115 | 3,501 |
Shareholder's Equity | -48.1% | -508 | -343 | - | - | -441 | -700 | - | - | - | - | - | 92.00 | - | - | - | - | 292 | 656 | 495 | 376 | 324 |
Retained Earnings | -3.0% | 3,738 | 3,854 | 3,952 | 3,326 | 2,891 | 2,579 | 2,156 | 1,122 | 344 | -185 | -567 | -1,242 | -1,640 | -1,470 | -1,380 | -1,425 | -944 | -785 | -927 | -1,116 | -1,178 |
Additional Paid-In Capital | -0.4% | 6,610 | 6,634 | 6,626 | 6,625 | 6,620 | 6,666 | 6,676 | 6,643 | 6,646 | 6,676 | 6,673 | 6,646 | 6,642 | 6,668 | 6,672 | 6,670 | 6,677 | 6,741 | 6,735 | 6,723 | 6,737 |
Minority Interest | 16.7% | 7.00 | 6.00 | 5.00 | 4.00 | 3.00 | 3.00 | 2.00 | 5.00 | 9.00 | 11.00 | 13.00 | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 4,507 | - | - | - | 4,269 | - | - | - | 3,950 | - | - | - | 1,199 | - | - | - | 2,564 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -25.7% | 589 | 793 | 1,253 | 963 | 819 | 845 | 1,491 | 1,223 | 1,148 | 943 | 1,293 | 919 | 336 | 59.00 | 282 | -20.00 | 370 | 655 | 966 | 525 | 440 |
Share Based Compensation | 16.7% | 7.00 | 6.00 | 8.00 | 8.00 | 8.00 | 6.00 | 7.00 | 6.00 | 6.00 | 5.00 | 11.00 | 10.00 | 4.00 | 3.00 | 4.00 | 4.00 | -2.00 | 4.00 | 6.00 | 7.00 | 5.00 |
Cashflow From Investing | -264.9% | -1,518 | -416 | -1,716 | -3,536 | -1,678 | -723 | 294 | -2,705 | -1,165 | -1,375 | -896 | -2,669 | -1,366 | 694 | 2,166 | 1,799 | -1,482 | 286 | 108 | -1,712 | -1,434 |
Cashflow From Financing | 290.0% | 897 | -472 | 512 | 2,625 | 841 | -222 | -1,720 | 1,552 | 30.00 | 109 | -852 | 2,516 | 914 | -1,662 | -2,159 | -1,186 | 962 | -772 | -937 | 1,090 | 937 |
Buy Backs | -94.3% | 15.00 | 261 | 490 | 149 | 51.00 | 755 | 826 | 449 | 1,299 | 463 | 975 | 3.00 | 19.00 | - | 1.00 | - | 118 | 2.00 | 61.00 | - | 4.00 |
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues | ||
Revenues | $ 2,551 | $ 2,557 |
Expenses | ||
Operating | 1,344 | 1,307 |
Vehicle depreciation and lease charges, net | 636 | 265 |
Selling, general and administrative | 325 | 324 |
Vehicle interest, net | 239 | 133 |
Non-vehicle related depreciation and amortization | 61 | 56 |
Interest expense related to corporate debt, net | 83 | 73 |
Restructuring and other related charges | 3 | 4 |
Transaction-related costs, net | 1 | 0 |
Other (income) expense, net | 1 | (2) |
Total expenses | 2,693 | 2,160 |
Income (loss) before income taxes | (142) | 397 |
Provision for (benefit from) income taxes | (29) | 85 |
Net income (loss) | (113) | 312 |
Less: net income attributable to non-controlling interests | 1 | 0 |
Net income (loss) attributable to Avis Budget Group, Inc. | (114) | 312 |
Comprehensive income (loss) attributable to Avis Budget Group, Inc. | $ (158) | $ 302 |
Earnings (loss) per share | ||
Basic (in usd per share) | $ (3.21) | $ 7.88 |
Diluted (in usd per share) | $ (3.21) | $ 7.72 |
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 522 | $ 555 |
Receivables, net | 1,032 | 900 |
Other current assets | 779 | 684 |
Total current assets | 2,333 | 2,139 |
Property and equipment, net | 709 | 719 |
Operating lease right-of-use assets | 2,750 | 2,654 |
Deferred income taxes | 1,811 | 1,868 |
Goodwill | 1,088 | 1,099 |
Other intangibles, net | 658 | 670 |
Other non-current assets | 450 | 441 |
Total assets exclusive of assets under vehicle programs | 9,799 | 9,590 |
Assets under vehicle programs: | ||
Program cash | 73 | 85 |
Vehicles, net | 22,020 | 21,240 |
Receivables from vehicle manufacturers and other | 431 | 443 |
Investment in Avis Budget Rental Car Funding (AESOP) LLC—related party | 1,205 | 1,211 |
Total assets under vehicle programs | 23,729 | 22,979 |
Total Assets | 33,528 | 32,569 |
Current liabilities: | ||
Accounts payable and other current liabilities | 2,669 | 2,627 |
Short-term debt and current portion of long-term debt | 405 | 32 |
Total current liabilities | 3,074 | 2,659 |
Long-term debt | 5,032 | 4,791 |
Long-term operating lease liabilities | 2,234 | 2,117 |
Other non-current liabilities | 509 | 528 |
Total liabilities exclusive of liabilities under vehicle programs | 10,849 | 10,095 |
Liabilities under vehicle programs: | ||
Debt | 3,241 | 3,496 |
Debt due to Avis Budget Rental Car Funding (AESOP) LLC—related party | 15,949 | 15,441 |
Deferred income taxes | 3,325 | 3,418 |
Other | 672 | 462 |
Total liabilities under vehicle programs | 23,187 | 22,817 |
Commitments and contingencies (Note 12) | ||
Stockholders’ equity: | ||
Preferred stock, $0.01 par value—authorized 10 shares; none issued and outstanding, in each period | 0 | 0 |
Common stock, $0.01 par value—authorized 250 shares; issued 137 shares, in each period | 1 | 1 |
Additional paid-in capital | 6,610 | 6,634 |
Retained earnings | 3,738 | 3,854 |
Accumulated other comprehensive loss | (140) | (96) |
Treasury stock, at cost—101 and 102 shares, respectively | (10,724) | (10,742) |
Stockholders’ equity attributable to Avis Budget Group, Inc. | (515) | (349) |
Non-controlling interests | 7 | 6 |
Total stockholders’ equity | (508) | (343) |
Total Liabilities and Stockholders’ Equity | $ 33,528 | $ 32,569 |