Saturday 17 October 2026 Export CAR’s income statement to Excel — free account

Avis Budget Group, Inc.

CAR Industrials Rental & Leasing Services

Avis Budget Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, down 1.16% from fiscal 2024. In the quarter to June 2026, revenue fell 1.35%, EPS grew 900.0%, free cash flow fell 28.2% and total debt was flat, each against the same quarter a year earlier. Insiders bought in the last twelve months.

102.83 6.94 −6.32%

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Market cap: $3.9B
P/E: 0.0×
Fwd P/E: 51.7×
Dividend yield: —
F-score: 6/9
Altman Z: 0.53
Beneish M: −3.10
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 40.06

Total sells 1,755.23

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	1	—	—	—	—	—	—	—	—
Sell	—	—	—	1	—	5	—	—	—	1	—	—

Insider Ownership 1.53%

Capital & Financial Ratios $m

Market Cap 3,880.00

Revenue 11,711.00

Net Income (667.00)

Free Cash Flow 2,664.00

Net Debt 25,314.00

Current Ratio 0.81

Debt/Equity (7.67)

P/E ratio 0.00

Fwd P/E 51.70

P/S ratio 0.31

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth (23.31%)

Next Y EPS Growth 90.55%

Next Y revenue growth (0.23%)

Next 5Y EPS Growth 25.72%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 33.21%

10-year low 10-year high

EV/Sales against its own 10 years 73.13%

10-year low 10-year high

EV/FCF against its own 10 years 86.03%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	0.00	10.00
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	555	534	519	558
Receivables	900	838	878	936
Inventory	—	—	—	—
Other	684	662	696	1,014
	2,139	2,034	2,093	2,508

	2023	2024	2025	Q'26
Payables	2,627	2,700	2,865	3,074
ST’ Debt	32	20	24	23
Other	—	—	—	—
	2,659	2,720	2,889	3,097

Compound Annual Growth %

	10y	5y	3y
Sales	3.20%	16.62%	(0.96%)
Cash Flow	2.29%	36.68%	(11.20%)
Earnings	0.00%	0.00%	0.00%
Book Value	0.00%	0.00%	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,530	2,998	—	—	—
’25	2,430	3,039	3,519	2,664	11,652
’24	2,551	3,048	3,480	2,710	11,789
’23	2,557	3,123	3,564	2,764	12,008
’22	2,432	3,244	3,547	2,771	11,994
’21	1,372	2,371	3,001	2,569	9,313
’20	1,753	760	1,534	1,355	5,402

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	434	632	—	—	—
’25	619	837	1,403	437	3,296
’24	589	884	1,273	772	3,518
’23	819	963	1,253	793	3,828
’22	1,148	1,223	1,491	845	4,707
’21	336	919	1,293	943	3,491
’20	370	(20)	282	59	691

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	393	564	—	—	—
’25	585	786	1,352	355	3,078
’24	536	839	1,236	705	3,316
’23	775	902	1,178	700	3,555
’22	1,111	1,184	1,447	719	4,461
’21	324	901	1,266	892	3,383
’20	327	(41)	271	40	597

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(8.01)	0.98	—	—	—
’25	(14.35)	0.10	10.11	(21.25)	(25.25)
’24	(3.21)	0.41	6.65	(55.66)	(51.23)
’23	7.72	11.01	16.78	7.10	42.08
’22	9.71	15.71	21.67	10.10	57.16
’21	(2.43)	5.63	10.45	6.63	19.44
’20	(2.16)	(6.91)	0.63	(1.29)	(9.71)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	21.73	20.71	22.00	21.63	6.35	34.99	131.83	157.55	65.73	54.03	Analyst estimates 2026–2028 Powerpack
	High	41.53	46.32	50.88	37.27	52.98	545.11	327.80	251.26	181.50	212.81
People
People	Employees	30,000	31,000	30,000	30,000	20,000	21,000	24,500	24,500	24,000	25,000
	Revenue/emp, $m	0.29	0.29	0.30	0.31	0.27	0.44	0.49	0.49	0.49	0.47
Income, $m
Income, $m	Revenue	8,659	8,848	9,124	9,172	5,402	9,313	11,994	12,008	11,789	11,652
	Gross margin, %	49.39	49.46	49.16	48.78	38.50	54.31	55.94	52.74	48.99	49.73
	EBT	279	211	267	287	(956)	1,708	3,636	1,914	(2,627)	(929)
	EBT margin, %	3.22	2.38	2.93	3.13	(17.70)	18.34	30.32	15.94	(22.28)	(7.97)
	Net income	163	361	165	302	(684)	1,283	2,756	1,635	(1,817)	(995)
	Depreciation	2,167	2,240	2,258	3,173	2,594	2,513	2,845	3,490	4,055	4,021
Per share, $
Per share, $	Revenue	94.12	106.09	115.06	121.97	76.62	143.50	253.57	313.52	332.08	331.02
	Earnings	1.78	4.32	2.08	4.01	(9.71)	19.79	58.41	42.57	(51.23)	(25.25)
	Cash flow	28.70	31.75	32.90	34.39	9.80	53.79	99.51	99.95	99.10	93.64
	Capex	(2.07)	(2.36)	(2.91)	(3.32)	(1.33)	(1.66)	(5.20)	(7.13)	(5.69)	(6.19)
	Free cash flow	26.63	29.39	29.99	31.06	8.47	52.13	94.31	92.82	93.41	87.44
	Book value	2.40	6.87	5.22	8.72	(2.20)	(3.22)	(14.80)	(8.96)	(65.27)	(88.52)
	Shares, m	92	83	79	75	71	65	47	38	36	35
Valuation, ×
Valuation, ×	P/E	20.48	9.98	10.60	7.96	0.00	10.06	2.82	4.07	0.00	0.00
	P/S	0.40	0.42	0.20	0.26	0.49	1.45	0.65	0.56	0.24	0.39
	P/B	15.60	6.47	4.31	3.70	0.00	0.00	0.00	0.00	0.00	0.00
	EV/Sales	1.77	1.80	1.64	1.77	2.41	3.04	2.14	2.49	2.14	2.51
	EV/FCF	6.27	6.49	6.29	6.95	21.78	8.37	5.76	8.42	7.62	9.51
Cash, $m
Cash, $m	Operating cash flow	2,640	2,648	2,609	2,586	691	3,491	4,707	3,828	3,518	3,296
	Capex	(190)	(197)	(231)	(250)	(94)	(108)	(246)	(273)	(202)	(218)
	Free cash flow	2,450	2,451	2,378	2,336	597	3,383	4,461	3,555	3,316	3,078
Balance, $m
Balance, $m	Working capital	50	421	458	(80)	(258)	(561)	(688)	(520)	(686)	(796)
	Total debt	12,401	12,820	13,783	14,503	11,067	15,399	18,480	23,760	22,929	25,261
	Net debt	11,911	12,209	13,168	13,817	10,375	14,865	17,910	23,205	22,395	24,742
	Shareholders’ equity	221	573	414	656	(155)	(209)	(700)	(343)	(2,317)	(3,116)
Returns, %
Returns, %	ROA	0.92	2.04	0.90	1.43	(3.36)	6.40	11.39	5.58	(5.91)	(2.95)
	ROIC	2.73	2.09	2.37	2.45	(3.64)	9.09	14.12	6.11	(6.85)	(0.97)
	ROE	49.39	90.93	33.43	56.45	(273.05)	(706.04)	(608.14)	(312.94)	136.92	32.73

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
R Ryder System, Inc.	$9.2B	19.4×	18.1×	+4.95% (above 0%: growing)	+8.31% (above 0%: growing)	+103.98% (above 0%: growing)	19.72%	7.56%	Compare
GATX GATX Corporation	$5.8B	16.4×	17.1×	+34.75% (above 0%: growing)	+37.68% (above 0%: growing)	+231.20% (above 0%: growing)	72.56%	27.65%	Compare
HRI Herc Holdings Inc.	$4.2B	82.7×	26.2×	+20.16% (above 0%: growing)	n/m	+100.00% (above 0%: growing)	51.41%	12.21%	Compare
CAR Avis Budget Group, Inc.	$3.9B	— (loss-making)	51.7×	−1.35% (below 0%: shrinking)	+900.00% (above 0%: growing)	−28.24% (below 0%: shrinking)	49.10%	14.81%
EQPT EquipmentShare.com Inc.	$3.7B	15.1×	38.5×	+102.37% (above 0%: growing)	n/m	−17.02% (below 0%: shrinking)	28.36%	6.49%	Compare
WSC WillScot Holdings Corporation	$3.0B	— (loss-making)	25.5×	+3.92% (above 0%: growing)	0.00%	−60.91% (below 0%: shrinking)	61.83%	19.19%	Compare
MGRC McGrath RentCorp	$2.8B	18.2×	17.0×	−6.16% (below 0%: shrinking)	−5.48% (below 0%: shrinking)	−124.93% (below 0%: shrinking)	48.80%	24.10%	Compare
CTOS Custom Truck One Source, Inc.	$2.1B	100×	84.3×	+10.16% (above 0%: growing)	n/m	−104.58% (below 0%: shrinking)	22.00%	8.27%	Compare
VSTS Vestis Corporation	$1.9B	— (loss-making)	168×	−1.80% (below 0%: shrinking)	n/m	+478.29% (above 0%: growing)	28.02%	5.63%	Compare
Median of peers	$3.3B	18.8×	25.9×	+7.56%	+4.16%	+41.49%	38.58%	10.24%

All 20 Rental & Leasing Services stocks →

Avis Budget Group, Inc. (CAR) key facts

Concern: Avis Budget Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.7 billion, down 1.16% from fiscal 2024.
Concern: Avis Budget Group, Inc. reported a net loss of $995.0 million, or a loss of $25.25 per share, for fiscal 2025.
Avis Budget Group, Inc. (CAR) is a Rental & Leasing Services company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, CAR traded at $102.83, a market capitalization of $3.9 billion.
Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.3× sales.
Return on equity was 32.7% and debt-to-equity -7.67.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 0.53 (distress zone) for fiscal 2025.