Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data AVIS BUDGET GROUP, INC. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
8,659
8,848
9,124
9,172
5,402
9,313
11,994
12,008
11,789
11,652
Selling, general and administrative
1,134
1,120
1,220
1,237
703
1,145
1,348
1,408
1,352
1,447
Interest expense
203
188
188
178
231
218
250
296
358
422
Pre-tax income
279
211
267
287
-956
1,708
3,636
1,914
-2,627
-929
Income tax
116
-150
102
-15
-272
425
880
279
-810
66
Net income to minority interests
0
0
-2
-8
3
4
-106
Net income
163
361
165
302
-684
1,285
2,764
1,632
-1,821
-889
EPS, basic
1.78
4.32
2.08
4.01
-9.71
19.79
58.41
42.57
-51.23
-25.25
EPS, diluted
1.75
4.25
2.06
3.98
-9.71
19.44
57.16
42.08
-51.23
-25.25
Shares, basic (weighted)
92
83.4
79.3
75.2
70.5
64.9
47.3
38.3
35.5
35.2
Shares, diluted (weighted)
93.3
84.8
80.1
75.7
70.5
66.1
48.4
38.8
35.5
35.2
Dividend per share
10.00
Balance sheet
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
490
611
615
686
692
534
570
555
534
519
Receivables
808
922
955
911
647
775
810
900
838
878
Other current assets
519
533
604
548
456
538
506
684
662
696
Total current assets
1,817
2,066
2,174
2,145
1,795
1,847
1,886
2,139
2,034
2,093
Property, plant and equipment
685
704
736
792
657
537
594
719
697
748
Lease right-of-use assets
0
2,596
2,560
2,368
2,405
2,654
3,057
3,239
Goodwill
1,007
1,073
1,092
1,101
1,137
1,108
1,070
1,099
1,071
1,129
Intangible assets
870
850
825
798
774
724
666
670
601
589
Other non-current assets
193
196
242
217
244
382
499
441
422
403
Total assets
17,643
17,699
19,149
23,126
17,538
22,600
25,927
32,569
29,041
31,257
Accounts payable
343
359
371
378
394
407
466
487
450
453
Accrued liabilities
173
176
200
195
117
193
205
188
126
165
Deferred revenue
114
135
140
125
70
185
188
168
149
155
Short-term debt
279
26
23
19
19
19
27
32
20
24
Total current liabilities
1,767
1,645
1,716
2,225
2,053
2,408
2,574
2,659
2,720
2,889
Long-term debt
3,244
3,573
3,528
3,416
4,191
3,990
4,644
4,791
5,373
6,049
Lease liabilities
0
2,140
2,078
1,910
1,884
2,117
2,484
2,614
Other non-current liabilities
764
717
767
757
731
625
554
528
470
495
Total liabilities
17,422
17,126
18,735
22,470
17,693
22,809
26,627
32,912
31,358
34,373
Total debt
3,576
3,645
3,596
3,474
4,210
4,009
4,671
4,823
5,393
6,073
Paid-in capital
6,918
6,820
6,771
6,741
6,668
6,676
6,666
6,634
6,620
6,622
Retained earnings
-1,639
-1,222
-1,091
-785
-1,470
-185
2,579
3,854
2,029
1,139
Treasury stock
-4,905
-5,002
-5,134
-5,144
-5,167
-6,579
-9,848
-10,742
-10,767
-10,753
Other comprehensive income
-154
-24
-133
-157
-187
-133
-101
-96
-210
-138
Shareholders' equity
656
-155
-220
-703
-349
-2,327
-3,129
Minority interests
0
11
3
6
10
13
Total equity
221
573
414
656
-155
-209
-700
-343
-2,317
-3,116
Total liabilities and equity
17,643
17,699
19,149
23,126
17,538
22,600
25,927
32,569
29,041
31,257
Cash flow statement
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
163
361
165
302
-684
1,283
2,756
1,635
-1,817
-995
Stock-based compensation
27
13
24
22
9
30
25
30
19
19
Deferred income tax
51
-192
14
-103
-317
378
682
191
-905
-24
Change in receivables
-65
-59
-44
10
115
-143
-97
-43
51
60
Change in payables
2
49
48
84
-181
414
217
-72
63
110
Cash from operations
2,640
2,648
2,609
2,586
691
3,491
4,707
3,828
3,518
3,296
Acquisitions
-55
-21
-91
-77
-69
-46
Cash from investing
-2,182
-2,204
-3,426
-2,752
3,177
-6,306
-4,299
-7,346
-2,753
-5,164
Debt issued
936
1,569
1,580
Debt repaid
-818
-939
-1,111
Stock issued
0
0
15
0
0
Share buybacks
-398
-210
-216
-67
-119
-1,460
-3,329
-951
-70
-7
Dividends paid
0
0
-355
0
0
Cash from financing
-449
-308
667
318
-4,045
2,687
-360
3,506
-781
1,858
Exchange rate effect
-6
45
-16
13
42
-11
-32
14
-31
31
Net change in cash
3
181
-166
165
-135
-139
16
2
-47
21
Interest paid
461
460
497
509
503
509
543
988
1,273
1,297
Income taxes paid
60
58
53
93
44
75
192
169
50
121
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $108.29 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
-5.0%
Pre-tax income / revenue.
Net margin
-5.7%
Net income / revenue.
Operating cash flow margin
26.5%
Cash from operations / revenue.
Return on assets (ROA)
-2.2%
Net income / average total assets.
SG&A / revenue
12.6%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
0.1%
Stock-based compensation (from the cash flow statement) / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-1.2%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-1.0%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
16.6%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-6.3%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y
-11.2%
Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y
36.7%
Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
7.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
6.4%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
12.3%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
-0.8%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
-10.1%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
-13.0%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.74x
Current assets / current liabilities.
Quick ratio
0.46x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.18x
(Cash + short-term investments) / current liabilities.
Debt / assets
19.7%
Total debt / total assets.
Liabilities / assets
111.1%
Total liabilities / total assets.
Net debt
$5.52B
Total debt - cash - short-term investments. Negative means more cash than debt.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$332.92
Revenue / diluted weighted shares.
Operating cash flow per share
$88.13
Cash from operations / diluted weighted shares.
Book value per share
-$96.74
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.33x
Market cap / revenue.
P/OCF
1.23x
Market cap / cash from operations, when positive.
EV/Sales
0.79x
Enterprise value / revenue.
Earnings yield
-17.4%
Net income / market cap (the inverse of P/E).
Shareholder yield
0.3%
(Dividends paid + share buybacks) / market cap.
What was AVIS BUDGET GROUP, INC.'s revenue in fiscal 2025?
AVIS BUDGET GROUP, INC. reported revenue of $11.65B for fiscal 2025, 1.2% lower than the year before.
Was AVIS BUDGET GROUP, INC. profitable in fiscal 2025?
No. It reported a net loss of $889.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.