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.

Avis Budget Group, Inc.

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.

AVIS BUDGET ESPAÑA

Avis Budget Group, Inc. is a leading global provider of transportation solutions, both through its Avis and Budget brands, which have more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world's leading car sharing network, with more than one million members.  

Avis Budget Group operates most of its car rental offices in North America, Europe and Australasia directly, and operates primarily through licensees in other parts of the world. 

Avis Budget Group is headquartered in Parsippany, N.J.

Otonomo

Avis Budget Group

We've really enjoyed the last few days at #Fitur2024, IFEMA MADRID.

There's still time to visit our stand in Hall 10 to hear about how we're moving the future of transportation forward through digital innovations like our AVIS Self-Serve Kiosks.

We also welcomed our partners Federación Española de Baloncesto and the Real Federación Española de Balonmano and Club Atlético de Madrid at our stand to celebrate the connection between sports and travel.

#AVISinFITUR #Welcometobettercarhire #Football #Handball #Basketball

Today we celebrate an important awareness day on our journey towards a sustainable future: International Clean Energy Day. This day, established by the UN, reflects a global commitment towards the adoption of cleaner and more sustainable energy sources 🌱🔋. 

It is a reminder of the importance of renewable energy in the fight against climate change and a call to action for individuals and organizations around the world. That is why we are also investing in renewable energy and evaluating opportunities to increase efficiencies and reduce energy, water, and waste at our facilities.

Together, we can contribute to creating a greener, more sustainable environment for ourselves and future generations.  

Find out more about our ESG commitments here👉 https://lnkd.in/euQX7hHR

#AVIS #Sustainability

A great example of commitment occurred the other day. Upon opening, Susan noticed that all the clean cars were rented out the night before, leaving the counter without any clean cars to start the day. Without hesitation, Susan took the initiative to clean several vehicles on her own before anyone else arrived. 

Her colleagues and customers marvel at her exceptional work ethic and the way she elevates everyone's experience at our location. 

Susan is undeniably a great asset and her positive impact on the team and customers is immeasurable.

#PlanOnUs #AvisCarRental #DiscoverYourDriveABG #employeespotlight #teamappreciation

Manny has been with the company for 37 years. When he started his path with Avis Budget Group, he played a critical role with the parts department team and eventually found his passion as a Technician. He enjoys his day-to-day functions and is always looking forward to passing on his knowledge to the next generation of Techs. 

Fun Fact about Manny: Manny enjoys snowboarding!

Thank you, Manny, for giving us the confidence to say, "Plan On Us"

#AvisCarRental #DiscoverYourDriveABG #employeespotlight #teamappreciation #PlanOnUs

Embracing the thrill of operations! Meet Jason, our exceptional Operations Manager Intern based in the vibrant city of Orlando, Florida! 

With an insatiable hunger for knowledge, Jason is diving headfirst into the world of rental car operations, soaking up every invaluable lesson along the way. Fueled by his passion for growth, he's on a relentless journey to becoming his absolute best. 

#PlanOnUs #OperationsManagerIntern #Intern #internshipprogram

Tineisha Hicks has been a model Avis employee for 12 years. As a vehicle quality agent at LAX, she is responsible for ensuring every vehicle is thoroughly inspected and maintained before it hits the road. 

Tineisha has the highest of standards and expects the same from her colleagues, and regularly provides real-time feedback to drive performance.

Fun Facts about Tineisha!
She has a great sense of humor and is always finding ways to keep the mood upbeat and enjoy the day with her co-workers.

Thank you, Tineisha, for giving us the confidence to say, #PlanOnUs

#AvisCarRental #DiscoverYourDriveABG #employeespotlight #teamappreciation

In the spirit of the holiday season, we extend our heartfelt gratitude to our dedicated employees whose generosity knows no bounds!

Together, they have donated many toys and contributed to the happiness of countless children. This collective effort exemplifies the true meaning of the season, fostering a sense of community and shared joy!

Wishing you and your loved ones a season filled with warmth, compassion, and the joy that comes from giving. Happy holidays!

#planonus #toysfortots #givingseason #DiscoverYourDriveABG #toydrive #holidaydonation

Corporate Travel Managers are the unsung heroes supporting business travel, safeguarding both the traveler and the organization’s interests, and bringing all stakeholders together to deliver a seamless experience. 

This week, Avis Budget Group celebrates Corporate Travel Managers and their contribution to the $1.3 trillion business travel industry.

Thank you, BTN Group, Business Travel News and Business Travel News Europe for your partnership and continued support.

https://lnkd.in/e_XhHbTv.

#CTMAppreciationWeek

As the Official Car Rental Company of Disneyland Paris, we’re proud to be part of the iconic Disney Parks attraction, Autopia, beginning December 18, 2023. 
 
Join us for an adventure enhanced with new scenic elements, infused with Disney magic. 
 
Planning a trip to the Parks? We’ll help you get there. Visit us at our renovated agency at Marne la Vallée – Chessy.
 
Find out more information here: 
https://lnkd.in/ee28sz9K

We are delighted to share that Avis Australia has been honored as "Most Popular Car Rental Operator" at the prestigious 2023 National Travel Industry Awards.
 
Thank you, to all our esteemed travel partners who contributed to this achievement. We are extremely grateful for your ongoing support. 

Thank you also to ATAS (Australian Travel Accreditation Scheme) who sponsored this wonderful #NTIA2023 award.
 
It’s not often enough we get the opportunity to come together and celebrate the accomplishments of our fellow travel industry businesses and professionals. The Gala Awards event beautifully showcased exceptional passion and excellence across the travel community. 

Congratulations to all winners and finalists.
 
For Avis Australia, this award stands as testament to our unwavering commitment to be ‘Driven By Better’ in our pursuit to provide the smoothest car rental experience possible.
 
 #ATIA #ATAS #TravelIndustry #ThankYou

msh id	COM:AVISBUDGETGROUP
symbol	CAR
name	Avis Budget Group, Inc.
homepage url	https://www.avisbudgetgroup.com
country	US
sector	Industrials
industry	Rental & Leasing Services
market	STOCKS
employee count	18K
crunchbase url	-
linkedin url	-
founders	-

market cap	3.53B
enterprise value	-
stage	-
raised capital	-
valuation	-

monthly webtraffic	-
monthly webtraffic growth	-
growth score 14	-
growth score 28	-
growth score 90	-
growth score 365	-

revenue ltm	-
gross profit ltm	-
ebitda ltm	-
net income ltm	-
revenue ntm	-
gross profit ntm	-
ebitda ntm	-
net income ntm	-

growth cost and expenses	0.19
growth cost of revenue	5.57
growth depreciation and amortization	14.33
growth ebitda	0.4
growth ebitda ratio	0.4
growth eps	-
growth eps diluted	-
growth general and administrative expenses	-1
growth gross profit	-0.64
growth gross profit ratio	-0.64

COM:AVISBUDGETGROUP

Avis Budget Group, Inc.

Last Close

99.06

21/11 21:00

Market Cap

3.62B

Beta: -

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497.24K

Avg: -

Company Information

Market Metrics

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Financial Metrics (2022-2026)

cost and expenses	9.66B
cost of revenue	9.66B
depreciation and amortization	3.45B
ebitda	5.8B
ebitda ratio	0.48
eps	42.61
eps diluted	42.06
operating expenses	1.58B
operating income	2.35B
operating income ratio	0.2

accounts receivables	-43M
capital expenditure	-15.46B
cash at beginning of period	572M
cash at end of period	559M
inventory	-
working capital ttm	-537M

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