Avis Budget Group, Inc. (CAR) vs WillScot Holdings Corporation (WSC)

Avis Budget Group, Inc. and WillScot Holdings Corporation are both Rental & Leasing Services companies. Avis Budget Group, Inc. is the larger, with a market value of $3.9B against $3.0B — 1.3× the size. Avis Budget Group, Inc. grew revenue faster over the last twelve months: 0.45% against −2.51%. WillScot Holdings Corporation has the higher net margin (−3.00% vs −5.43%) and the higher return on invested capital (2.13% vs 0.15%). Across the 19 metrics below, Avis Budget Group, Inc. leads on 13 and WillScot Holdings Corporation on 6.

Valuation

Metric CAR WSC Rental & Leasing Services median
P/E n/m n/m 18.17
P/S 0.31 1.25 0.92
P/B n/m 3.16 2.15
Price to free cash flow 1.36 7.76 7.80
EV/EBITDA 5.80 11.21 7.72
EV/Sales 2.47 2.77 2.47
Earnings yield (17.54%) (2.33%) 1.00%
Free cash flow yield 73.39% 12.89% 1.43%

Profitability

Metric CAR WSC Rental & Leasing Services median
Gross margin 49.40% 64.16% 49.40%
Operating margin 8.49% 6.51% 8.49%
Net margin (5.43%) (3.00%) 1.01%
Free cash flow margin 22.75% 16.18% 1.87%
Return on equity 20.83% (7.08%) 12.13%
Return on assets (1.97%) (1.15%) 0.24%
Return on invested capital 0.15% 2.13% 2.80%

Growth

Metric CAR WSC Rental & Leasing Services median
Revenue growth (TTM) 0.45% (2.51%) 3.21%
EPS growth (last fiscal year) 50.71% (293.33%) (8.44%)
Revenue growth, 5-year CAGR 16.62% 12.38% 12.97%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CAR WSC Rental & Leasing Services median
Debt to equity (7.67) 3.84 1.48
Current ratio 0.81 0.81 1.36
Net debt to EBITDA 5.37 5.73 4.32

Dividend

Metric CAR WSC Rental & Leasing Services median
Dividend yield — 1.76% 1.56%
Payout ratio — — 0.22

Size

Metric CAR WSC Rental & Leasing Services median
Market cap 3.88b 2.97b 2.43b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack