Avis Budget Group Inc   (CAR)
Other Ticker:  
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services
Price: $177.7500 $-3.09 -1.709%
Day's High: $180.09 Week Perf: -6.84 %
Day's Low: $ 179.39 30 Day Perf: -18.03 %
Volume (M): 4 52 Wk High: $ 251.26
Volume (M$): $ 794 52 Wk Avg: $199.82
Open: $180.81 52 Wk Low: $140.99

 Market Capitalization (Millions $) 7,023
 Shares Outstanding (Millions) 40
 Employees 30,000
 Revenues (TTM) (Millions $) 11,998
 Net Income (TTM) (Millions $) 2,203
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 0

Avis Budget Group Inc

We operate two of the most recognized brands in the global vehicle rental industry through Avis and Budget. Avis is a leading rental car supplier to the premium commercial and leisure segments of the travel industry and Budget is a leading rental car supplier to the price-conscious segments of the industry. We believe we are the largest general-use vehicle rental operator in each of North America, Australia, New Zealand and certain other regions we serve, based on total revenue. We maintain the leading share of airport car rental revenue and we believe we operate the second largest consumer truck rental business in the United States based on available information.

Our car rental operations generate significant benefits from operating two distinctive brands that target different industry segments but share the same fleet, maintenance facilities, systems, technology and administrative infrastructure. We believe that Avis and Budget both enjoy complementary demand patterns with mid-week commercial demand balanced by weekend leisure demand.

Our operations have an extended global reach that includes approximately 6,700 car and truck rental locations in the United States, Canada, Australia, New Zealand, Latin America, the Caribbean and parts of the Pacific region. On average, our rental fleet totaled more than 410,000 vehicles. We rent our fleet of approximately 30,500 Budget trucks through a network of approximately 2,400 dealer operated, 210 company operated and 100 franchisee operated locations throughout the continental United States. We also license the use of the Avis and Budget trademarks to multiple licensees in areas in which we do not operate. The Avis and/or Budget vehicle rental systems in Europe, Africa, the Middle East and parts of Asia are operated at approximately 3,700 locations by subsidiaries and sub-licensees of an independent third party primarily under virtually royalty-free trademark license agreements.

In general, concession fees for on-airport locations are based on a percentage of total commissionable revenue (as defined by each airport authority), subject to minimum annual guaranteed amounts. Concessions are typically awarded by airport authorities every three to five years based upon competitive bids. Our concession agreements with the various airport authorities generally impose certain minimum operating requirements, provide for relocation in the event of future construction and provide for abatement of the minimum annual guarantee in the event of extended low passenger volume.


The car rental industry is characterized by intense price and service competition. Competition in the U.S. vehicle rental operations business is based primarily upon price, reliability, vehicle availability, national distribution, usability of booking systems, ease of rental and return and other elements of customer service. In addition, competition is influenced strongly by advertising, marketing and brand reputation. We compete primarily with the following car rental companies: Hertz Global Holdings, Inc., Vanguard Car Rental USA Group, which operates the National Car Rental and Alamo brands, Dollar Thrifty Automotive Group and Enterprise Rent-A-Car Company.

The truck rental industry is characterized by intense price and service competition. We compete with a large number of truck rental companies throughout the country, including U-Haul International, Inc., Penske Truck Leasing Corporation, Ryder System, Inc., Enterprise Rent-A-Car Company and many others.

   Company Address: 6 Sylvan Way Parsippany, 7054 NJ
   Company Phone Number: 496-4700   Stock Exchange / Ticker: NASDAQ CAR
   CAR is expected to report next financial results on October 31, 2023.

Customers Net Income grew by CAR's Customers Net Profit Margin grew to

12.19 %

7.12 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
R        0.07% 
F        0.47% 
• View Complete Report

Galata Acquisition Corp

Galata Acquisition Corp outshines stock market with impressive Q1 financial report, recording significant rise amidst challenging times!

Galata Acquisition Corp (GLTA) is a company operating in the Rental and Leasing sector, and recently, it declared its earnings for the fiscal period closing on March 31, 2023. The company announced an operating loss of $-0.357226 million, which is a significant improvement compared to the same period a year ago when the operating loss stood at $-0.838607 million. This positive result has been considered a promising revelation, especially in the absence of better references.
The market observers have affirmed their confidence in GLTA, as this financial reporting period has been quite bullish for the company. Despite not generating any revenue sources thus far, GLTA has managed to reduce its operating loss and improve its financial performance. This development indicates potential growth and positive prospects for the future.

Innovative International Acquisition Corp

Innovative International Acquisition Corp Discloses Operating Shortfall of -$0.855233 Million in Jun 30, 2023 Report for Rental and Leasing Venture

The stockholders did not assume any changes at the top-line during the the earnings cycle of fiscal April to June 30 2023 at the IOAC. However, they pay near attention to the company's operating shortfall which came in at $-0.855233 million, during the matching time.

Arboretum Silverleaf Income Fund L P

The Arboretum Silverleaf Income Fund LP Afflicted by a Substantial -21.688% Dive in Revenue during Q2 2023

The stock market can often be a roller-coaster ride for investors. It's crucial to closely monitor financial reports to understand the health and prospects of companies. In this article, we will discuss the intriguing financial performance of Arboretum Silverleaf Income Fund L P during the second quarter of 2023, focusing on key indicators, such as EPS and revenue. We will also highlight notable changes from the previous year and shed light on future expectations.
EPS Improvement Reflects Positive Trends
For the financial second quarter of 2023, Arboretum Silverleaf Income Fund L P showcased significant progress in improving earnings per share (EPS). Compared to the same period the year before, the company reduced its loss per share from $-0.10 to $-0.04. This indicates that the company has managed to optimize its operations and minimize losses. Furthermore, the improvement in EPS from the preceding financial reporting period is particularly encouraging, from $-0.10 to $-0.04 per share. This upward trend suggests a positive trajectory for the company's financial health.

Flexshopper Inc

Amid a Demanding Period, Flexshopper Inc Faces Revenue Decline and Shortfall Challenge in Q2 2023

Flexshopper Inc, a prominent player in the Rental and Leasing sector, recently released its financial results for the April to June 2023 period. While the company reported a shortfall per stock of $-0.22 per share compared to $0.51 a year ago, it also demonstrated a significant surge in demand and potential for growth. However, these figures must be considered within the broader context of the company's overall performance and market conditions.
Revenue Decline and Challenging Shortfall Figures:
Flexshopper Inc experienced a decline in revenue by -32.877% to $24.53 million for the April to June 2023 period, compared to $36.55 million during the same reporting period the previous year. Sequentially, revenue fell by -20.314% from $30.79 million. These figures undoubtedly portray a challenging situation for the company.

Commonwealth Income And Growth Fund V

Commonwealth Income And Growth Fund V Faces Major Losses, Revenue Plummets by 18.377% in Q2 2023

As an avid follower of the financial markets and a keen observer of trends in the investment world, I have examined the recent financial results of Commonwealth Income And Growth Fund V with great interest. The figures for the financial interval closing June 30, 2023, indicate that the company took a hit, with a loss of $-0.03 per share, compared to $-0.04 per share a year prior. Furthermore, the loss grew from $-0.02 per share in the preceding reporting season. While these results may seem discouraging, a closer look reveals some important insights.
One of the most concerning aspects of the report is the substantial decrease in revenue, which receded by -18.377% to $0.03 million from $0.04 million in the similar reporting season a year prior. Additionally, revenue deteriorated by -12.358% sequentially from $0.04 million. This decline is in stark contrast to the Rental and Leasing industry's overall trend, which posted a revenue growth of 7.17% from the second quarter of 2022 to the second quarter of 2023.


Avis Budget Group Inc's Segments
Domestic Car Rental
 Segment     of total Revenue
International Car Rental
 Segment     of total Revenue
• View Complete Report
  Company Estimates  
  Revenue Outlook
Avis Budget Group Inc announced annual revenue outlook on

Earnings Outlook
Avis Budget Group Inc issued annual earnings guidance on

Geographic Revenue Dispersion
United States

Avis Budget Group Inc's Operating Statistics Decrease / Increase
Domestic Car Rental Days (thousands)    Domestic Car Rental Days (thousands) Growth   
Domestic Car Time & Mileage Revenue per Day $   Domestic Car Time & Mileage Revenue per Day $ Decline   
Domestic Car Average Rental Fleet    Domestic Car Average Rental Fleet Growth   
International Car Rental Days (thousands)    International Car Rental Days (thousands) Growth   
International Car Time & Mileage Revenue per Day $   International Car Time & Mileage Revenue per Day $ Decline   
International Car Average Rental Fleet    International Car Average Rental Fleet Growth   
Total Car Rental Days (thousands)    Total Car Rental Days (thousands) Growth   
Total Car Time & Mileage Revenue per Day $   Total Car Time & Mileage Revenue per Day $ Decline   
Total Car Average Rental Fleet    Total Car Average Rental Fleet Growth   
Truck Rental Days (thousands)   Truck Rental Days (thousands) Decline   
Truck Time & Mileage Revenue per Day $   Truck Time & Mileage Revenue per Day $ Decline   
Truck Average Rental Fleet    Truck Average Rental Fleet Growth   


About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com