Avis Budget Group Inc. | Mid-cap | Industrials
$175.74
2.26%
| Avis Budget Stock Comparison:
Avis Budget vs United RentalsAvis Budget vs Aercap Holdings N.VAvis Budget vs Air LeaseAvis Budget vs Ryder SystemAvis Budget vs GATXAvis Budget vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 11.6B
Gross Profit 7.9B 67.73%
Operating Income 269.0M 2.31%
Net Income -1.8B -15.63%
EPS (Diluted) -$51.23

Balance Sheet Metrics

Total Assets 29.0B
Total Liabilities 31.4B
Shareholders Equity -2.3B

Cash Flow Metrics

Operating Cash Flow 860.0M
Free Cash Flow -6.5B

Revenue & Profitability Trend

Avis Budget Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 11.6B 12.7B 13.0B 9.7B 5.6B
Cost of Goods Sold 3.8B 3.1B 2.2B 1.9B 1.8B
Gross Profit 7.9B 9.5B 10.8B 7.8B 3.7B
Operating Expenses 7.4B 7.1B 6.6B 5.4B 4.0B
Operating Income 269.0M 2.2B 3.9B 2.1B -595.0M
Pre-tax Income -2.6B 1.9B 3.6B 1.7B -956.0M
Income Tax -810.0M 279.0M 880.0M 425.0M -272.0M
Net Income -1.8B 1.6B 2.8B 1.3B -684.0M
EPS (Diluted) -$51.23 $42.08 $57.16 $19.44 -$9.71

Income Statement Trend

Avis Budget Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 2.0B 2.1B 1.9B 1.8B 1.8B
Non-Current Assets 27.0B 30.4B 24.0B 20.8B 15.7B
Total Assets 29.0B 32.6B 25.9B 22.6B 17.5B
Liabilities
Current Liabilities 2.7B 2.7B 2.6B 2.4B 2.1B
Non-Current Liabilities 28.6B 30.3B 24.1B 20.4B 15.6B
Total Liabilities 31.4B 32.9B 26.6B 22.8B 17.7B
Equity
Total Shareholders Equity -2.3B -343.0M -700.0M -209.0M -155.0M

Balance Sheet Composition

Avis Budget Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -1.8B 1.6B 2.8B 1.3B -684.0M
Operating Cash Flow 860.0M 4.5B 4.8B 2.9B -97.0M
Investing Activities
Capital Expenditures -2.7B -7.1B -4.1B -6.1B 3.3B
Investing Cash Flow -2.8B -7.3B -4.3B -6.3B 3.2B
Financing Activities
Dividends Paid 0 -355.0M 0 0 -
Financing Cash Flow -781.0M 3.5B -360.0M 2.7B -4.0B
Free Cash Flow -6.5B -11.6B -6.0B -6.7B -4.8B

Cash Flow Trend

Avis Budget Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 8.00
Forward P/E 12.88
Price to Book -1.84
Price to Sales 0.44
PEG Ratio 12.88

Profitability Ratios

Profit Margin -18.96%
Operating Margin -14.03%
Return on Equity 78.59%
Return on Assets 1.54%

Financial Health

Current Ratio 0.66
Debt to Equity -9.39
Beta 2.11

Per Share Data

EPS (TTM) -$62.37
Book Value per Share -$80.17
Revenue per Share $329.61

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
car 5.2B 8.00 -1.84 78.59% -18.96% -9.39
United Rentals 48.0B 19.13 5.46 30.17% 16.38% 159.21
Aercap Holdings N.V 20.9B 10.23 1.18 12.52% 26.53% 269.26
Air Lease 6.3B 9.87 0.80 9.22% 24.77% 252.90
Ryder System 6.4B 13.42 2.12 16.55% 3.96% 293.87
GATX 5.5B 19.64 2.17 11.84% 17.73% 350.34

Financial data is updated regularly. All figures are in the company's reporting currency.