Avis Budget Group, Inc. financial data

Symbol
CAR on Nasdaq
Industry
Services-Auto Rental & Leasing (No Drivers)
Location
379 Interpace Parkway, Parsippany, NJ
State of incorporation
DE
Fiscal year end
December 31
Former names
CENDANT CORP (to 8/30/2006), CUC INTERNATIONAL INC /DE/ (to 12/17/1997)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 80.6 % +8.89%
Return On Equity -231 % +53.6%
Return On Assets 2.37 % -70.4%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.7M shares -7.94%
Entity Public Float 4.51B USD +5.56%
Common Stock, Value, Issued 1M USD 0%
Weighted Average Number of Shares Outstanding, Basic 35.6M shares -8.95%
Weighted Average Number of Shares Outstanding, Diluted 35.7M shares -9.62%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 11.9B USD -0.59%
Costs and Expenses 11.1B USD +21.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 804M USD -71.8%
Income Tax Expense (Benefit) 15M USD -97.7%
Net Income (Loss) Attributable to Parent 785M USD -64.4%
Earnings Per Share, Basic 20.8 USD/shares -59.6%
Earnings Per Share, Diluted 20.6 USD/shares -59.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 511M USD -10.5%
Other Assets, Current 887M USD +15.9%
Assets, Current 2.46B USD +10.2%
Deferred Income Tax Assets, Net 1.72B USD +17.7%
Property, Plant and Equipment, Net 704M USD +12.8%
Operating Lease, Right-of-Use Asset 2.75B USD +8.13%
Intangible Assets, Net (Excluding Goodwill) 650M USD -2.84%
Goodwill 1.09B USD +0.46%
Other Assets, Noncurrent 445M USD -7.29%
Assets 33.9B USD +7.92%
Accounts Payable, Current 555M USD -3.14%
Employee-related Liabilities, Current 140M USD -18.1%
Contract with Customer, Liability, Current 311M USD -14.1%
Liabilities, Current 2.87B USD +0.77%
Operating Lease, Liability, Noncurrent 2.23B USD +7.46%
Other Liabilities, Noncurrent 505M USD -4.54%
Accumulated Other Comprehensive Income (Loss), Net of Tax -135M USD -50%
Retained Earnings (Accumulated Deficit) 3.75B USD +12.8%
Stockholders' Equity Attributable to Parent -490M USD -280%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -482M USD -286%
Liabilities and Equity 33.9B USD +7.92%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 589M USD -28.1%
Net Cash Provided by (Used in) Financing Activities 897M USD +6.66%
Net Cash Provided by (Used in) Investing Activities -1.52B USD +9.54%
Common Stock, Shares Authorized 250M shares 0%
Common Stock, Shares, Issued 137M shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -45M USD -246%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 583M USD -14.5%
Deferred Tax Assets, Valuation Allowance 103M USD +1.98%
Operating Lease, Liability 2.8B USD +8.36%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 740M USD -67%
Property, Plant and Equipment, Gross 2.28B USD +12.2%
Operating Lease, Liability, Current 567M USD +12.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Tax Assets, Operating Loss Carryforwards 1.37B USD +23.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 63M USD +18.9%
Operating Lease, Payments 266M USD +26.7%
Additional Paid in Capital 6.62B USD -0.14%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 30M USD -6.25%
Deferred Tax Assets, Net of Valuation Allowance 2.72B USD +26.2%
Share-based Payment Arrangement, Expense 27M USD -6.9%
Interest Expense 326M USD +19%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%