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Avis Budget vs U-Haul: revenue, profit, margins and growth compared

Avis Budget brought in $11.7B of revenue in fiscal 2025, U-Haul $6B in fiscal 2026. Revenue changed by -1.2% at Avis Budget and +3.6% at U-Haul on the year before, so U-Haul grew faster. Avis Budget kept -7.6% of its revenue as net profit, U-Haul 1.4%.

Side by side, latest fiscal year

CARUHAL
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$11.7B$6B
Revenue growth-1.2%+3.6%
Net income-$889M$83.1M
Net margin-7.6%1.4%
Free cash flown/a-$1.4B
Free cash flow marginn/a-22.5%
Earnings per share (diluted)-$25.25n/a
Cash$519M$1.1B
Debt$6.1B$8.1B
Price to earningsn/an/a
Market value$3.8B$11.9B
Dividend yieldn/an/a
Rank by revenue in sector#109 of 778 · Consumer discretionary#178 of 778 · Consumer discretionary

Over the years

Revenue
CAR FY2018: $9.1BCAR FY2019: $9.2BCAR FY2020: $5.4BCAR FY2021: $9.3BCAR FY2022: $12BCAR FY2023: $12BCAR FY2024: $11.8BCAR FY2025: $11.7BUHAL FY2019: $3.8BUHAL FY2019: $4BUHAL FY2021: $4.5BUHAL FY2022: $5.7BUHAL FY2023: $5.9BUHAL FY2024: $5.6BUHAL FY2025: $5.8BUHAL FY2026: $6BFY18FY19FY20FY21FY22FY23FY24FY25FY26
CAR $11.7BUHAL $6B
Net income
CAR FY2018: $165MCAR FY2019: $302MCAR FY2020: -$684MCAR FY2021: $1.3BCAR FY2022: $2.8BCAR FY2023: $1.6BCAR FY2024: -$1.8BCAR FY2025: -$889MUHAL FY2019: $370.9MUHAL FY2019: $442MUHAL FY2021: $610.9MUHAL FY2022: $1.1BUHAL FY2023: $924.5MUHAL FY2024: $628.7MUHAL FY2025: $367.1MUHAL FY2026: $83.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
CAR -$889MUHAL $83.1M
Net margin
CAR FY2018: 1.8%CAR FY2019: 3.3%CAR FY2020: -12.7%CAR FY2021: 13.8%CAR FY2022: 23.0%CAR FY2023: 13.6%CAR FY2024: -15.4%CAR FY2025: -7.6%UHAL FY2019: 9.8%UHAL FY2019: 11.1%UHAL FY2021: 13.4%UHAL FY2022: 19.6%UHAL FY2023: 15.8%UHAL FY2024: 11.2%UHAL FY2025: 6.3%UHAL FY2026: 1.4%FY18FY19FY20FY21FY22FY23FY24FY25FY26
CAR -7.6%UHAL 1.4%
Revenue growth
CAR FY2019: +0.5%CAR FY2020: -41.1%CAR FY2021: +72.4%CAR FY2022: +28.8%CAR FY2023: +0.1%CAR FY2024: -1.8%CAR FY2025: -1.2%UHAL FY2019: +5.6%UHAL FY2021: +14.2%UHAL FY2022: +26.4%UHAL FY2023: +2.2%UHAL FY2024: -4.1%UHAL FY2025: +3.6%UHAL FY2026: +3.6%FY19FY20FY21FY22FY23FY24FY25FY26
CAR -1.2%UHAL +3.6%
Free cash flow
UHAL FY2019: -$894.4MUHAL FY2019: -$1.2BUHAL FY2021: $93.9MUHAL FY2022: -$190.3MUHAL FY2023: -$994.3MUHAL FY2024: -$1.5BUHAL FY2025: -$2BUHAL FY2026: -$1.4BFY19FY21FY22FY23FY24FY25FY26
CARUHAL -$1.4B

Fiscal years as each company reports them; the two may end in different months.

Questions about Avis Budget and U-Haul

Which is bigger by revenue, Avis Budget or U-Haul?

Avis Budget is bigger by revenue: $11.7B in fiscal 2025, against $6B for U-Haul in fiscal 2026.

Which keeps more of its revenue as profit, Avis Budget or U-Haul?

Avis Budget had a net margin of -7.6% in fiscal 2025; U-Haul had 1.4% in fiscal 2026.

Which grew revenue faster, Avis Budget or U-Haul?

In their latest fiscal years revenue changed by -1.2% at Avis Budget and +3.6% at U-Haul.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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