Stocks Consumer discretionary CAR
NASDAQ · Consumer discretionaryAvis Budget Group, Inc. (CAR)
Avis Budget Group, Inc. brought in $11.6B of revenue over the twelve months to September 30, 2026, down 0.6% from a year earlier. It posted a net loss of $812M. At September 30, 2026 it held $561M in cash against $6B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.
Key facts about Avis Budget Group, Inc.
- Net worth
- Avis Budget Group, Inc. has a market value (market cap) of $4.4B at the latest share price, and shareholders' equity of -$3.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $11.7B (-1.2% year on year), with a net loss of $889M. Over the 12 months to September 30, 2026: revenue $11.6B, net loss $812M.
- Cash flow
- In fiscal 2025 operations brought in $3.3B of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Avis Budget Group, Inc.'s next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Avis Budget Group, Inc. does
Avis Budget Group, Inc. is registered with the SEC under industry code SIC 7510 (Services-Auto Rental & Leasing (No Drivers)). Its shares trade on NASDAQ under the ticker CAR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $11.7B | -$889M | -$25.25 | n/a |
| 2024 | $11.8B | -$1.8B | -$51.23 | n/a |
| 2023 | $12B | $1.6B | $42.08 | n/a |
| 2022 | $12B | $2.8B | $57.16 | n/a |
| 2021 | $9.3B | $1.3B | $19.44 | n/a |
| 2020 | $5.4B | -$684M | -$9.71 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CAR ranks in Consumer discretionary
Dividends
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $0 | n/a |
| 2024 | n/a | $0 | n/a |
| 2023 | $10.00 | $355M | 22% |
| 2022 | n/a | $0 | 0% |
| 2021 | n/a | $0 | 0% |
Latest SEC filings
What Avis Budget Group, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 4, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 2.4% to $3.4B versus the same quarter last year; diluted EPS $5.15 versus $10.11.
- November 3, 2026
- November 2, 2026Other event 8-K
- October 6, 2026Other event 8-K
- September 24, 2026Material agreement8-KAvis Budget Group subsidiary issued $650 million of five-year asset-backed notes to finance its domestic fleet.
- September 1, 2026
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 1.3% to $3B versus the same quarter last year; diluted EPS $0.98 versus $0.10.
- July 28, 2026
- July 1, 2026
- June 22, 2026Other event 8-K
Insider trades
What the people running Avis Budget Group, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $4.1M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Krominga LynnDirector | Sold | 25,630 | $3.1M |
| November 6, 2026 | Krominga LynnDirector | Sold | 2,774 | $336.3K |
| November 6, 2026 | Lurie GlennDirector | Sold | 1,669 | $199.3K |
| November 6, 2026 | Lurie GlennDirector | Sold | 3,027 | $364.5K |
| November 6, 2026 | Lurie GlennDirector | Sold | 1,405 | $170.7K |
| August 7, 2026 | Simhambhatla RaviEVP, CDIO - see remarks | Sold | 2,936 | $406K |
| August 7, 2026 | Simhambhatla RaviEVP, CDIO - see remarks | Sold | 1,490 | $207.9K |
| August 7, 2026 | Simhambhatla RaviEVP, CDIO - see remarks | Sold | 276 | $38.7K |
Who owns CAR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Pentwater Capital Management LP13G, passive with 1 related filers | 7.3% | May 7, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 302 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| SRS Investment Management, LLC | 17,430,882 | 0 |
| UBS Group AG | 2,536,964 | -1,831,279 |
| Pentwater Capital Management LP | 2,513,300 | -4,535,000 |
| Morgan Stanley | 2,029,978 | -87,757 |
| Hsbc Holdings PLC | 1,676,860 | -25,672 |
| BlackRock, Inc. | 1,660,106 | +1,111 |
| Nomura Holdings Inc | 1,604,881 | +1,059,208 |
| National Bank of Canada | 1,412,200 | +573,013 |
| Vanguard Capital Management LLC | 788,708 | +61,766 |
| Vanguard Portfolio Management LLC | 756,350 | +46,977 |
| State Street Corp | 613,627 | -53,642 |
| Allianz Asset Management GmbH | 558,864 | +360,444 |
| CIBC Bancorp USA Inc. | 500,231 | -199,916 |
| Cibc World Market Inc. | 500,000 | -200,000 |
| Mizuho Markets Americas LLC | 500,000 | +100,000 |
| Natixis | 384,864 | +44,775 |
| Geode Capital Management, LLC | 355,125 | +4,285 |
| Discovery Capital Management, LLC / CT | 353,848 | -194,829 |
| Bank of Nova Scotia | 315,911 | +156,811 |
| Royal Bank of Canada | 269,008 | -6,591 |
Insiders
12 insiders reported holding 19,807,671 shares in total, about $2.45B at the last price.
| Holder | Shares |
|---|---|
| Pentwater Capital Management LP10% owner | 19,444,57119,444,571 held indirectly |
| Hees BernardoDirector | 119,113119,113 held indirectly |
| Choi Brian JChief Executive Officer | 117,902 |
| Linnen Edward PEVP, Chief HR Officer | 37,932 |
| Sera Jean MSVP, GC, CCO & Corp. Sec. | 37,484 |
| Simhambhatla RaviEVP, CDIO - see remarks | 18,810 |
| Lurie GlennDirector | 11,508 |
| Pahwa JagdeepExecutive Chairman, Director | 8,918 |
| DeGenova CathleenChief Accounting Officer | 7,633 |
| Krominga LynnDirector | 1,762 |
Questions about CAR
What does Avis Budget Group, Inc. do?
Avis Budget Group, Inc. is a company in the Consumer discretionary sector, listed on NASDAQ as CAR. Its shares trade on NASDAQ under the ticker CAR.
What is Avis Budget Group, Inc.'s net worth?
Avis Budget Group, Inc. has a market value (market cap) of $4.4B at the latest share price, and shareholders' equity of -$3.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Avis Budget Group, Inc. profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $812M on revenue of $11.6B.
How much revenue does Avis Budget Group, Inc. make?
Over the twelve months to September 30, 2026 Avis Budget Group, Inc. reported revenue of $11.6B. That is 0.6% less than a year earlier.
When did Avis Budget Group, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is Avis Budget Group, Inc.'s next earnings report?
Avis Budget Group, Inc.'s next report is expected around February 17, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Avis Budget Group, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.