Avis Budget Group
Car & Truck Rental · New Jersey, United States · 10K+ Employees
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Overview
Headquarters
379 Interpace Pkwy, Parsippany, New Jers...Phone Number
(973) 496-4700Website
www.avisbudgetgroup.comRevenue
$11.9 BillionStock Symbol
CARIndustry
ZI Rank: 2
Signal Type
Feb
Mar
Apr
May
Jun
Jul
ZI Rank
5
4
2
2
2
2
About Avis Budget Group
Avis Budget Group, Inc. is the American parent company of Avis Car Rental, Budget Car Rental, Budget Truck Rental, Payless Car Rental, Apex Car Rentals, Maggiore Group and Zipcar. The company's headquarters is located in Parsippany, New Jersey, United States.Explore more
Avis Budget Group Org Chart
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2022
Debt
$250M
Avis Budget Group Tech Stack
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Most Recent Scoops
Earnings
expects Q3 to reflect lower fleet, strong utilization, disciplined transaction mix, and RPD roughly flat year over year, with year-over-year adjusted EBITDA growth anticipated in the third quarter.
Earnings, Finance
Earnings
reported that as of June 30, the company had more than $1 billion in available liquidity and approximately $1.9 billion of fleet funding capacity, with a net corporate leverage ratio of 7.4 times, down 100 basis points since year-end 2025, and expects to reduce leverage by at least a full turn of adjusted EBITDA by the end of 2026.
Accounting, Financial Reporting, Business Finance, Finance, Financial Operations
Earnings
reported that its Americas segment delivered adjusted EBITDA growth of 7.7% year over year in Q2 on revenue that declined 1.9%, resulting in approximately 100 basis points of margin expansion, with the revenue decline driven primarily by a 2.1% decline in rental days reflecting an intentional decision to operate with a fleet 5.4% smaller year over year, partially offset by a 250-basis-point improvement in utilization that brought Americas utilization to 73.2%, the highest second-quarter utilization level in company history.
Earnings, Business Finance, Finance
Earnings
reported that despite a softer-than-expected demand environment and fewer rental days in Q2, adjusted EBITDA grew year over year, delivering the highest second-quarter adjusted EBITDA margin in the last three years, record second-quarter utilization globally, and two consecutive quarters of positive global RPD growth for the first time in 12 quarters.
Earnings, Finance
Earnings
Pricing
Avis Budget Group News & Media
CAR INVESTOR ALERT: Avis Budget Group, Inc. Investors with Substantial Losses Have Opportunity to Lead the Avis Class Action Lawsuit – RGRD Law
SAN DIEGO, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Avis Budget Group, Inc. (NASDAQ: CAR) securities (including those who bought Avis common stock to cover a short position) between February 20, 2026 and April 21, 2026, inclusive (the “Class Period”), have until September 29, 2026 to seek appointment as lead plaintiff of the Avis class action lawsuit. Captioned Hakimian v. Pentwater Capital Management LP,Pomerantz Law Firm Announces the Filing of a Class Action on Behalf of Investors in Avis Budget Group, Inc. - CAR
NEW YORK, Aug. 27, 2026 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed on behalf of investors in Avis Budget Group, Inc. ("Avis" or the "Company") (NASDAQ: CAR). The class action, filed in the United States District Court for the Middle District of...Avis Budget Group Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuit Against Avis Budget Group, Inc. - CAR
Avis (CAR) Investors Have Opportunity to Lead Avis Budget Group, Inc. Securities Fraud LawsuitBronstein, Gewirtz & Grossman LLC Urges Avis Budget Group, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
New class action for Avis (CAR) urges investors to seek recovery for alleged securities fraud violations – lead plaintiff deadline of 9/29/2026
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Frequently Asked Questions Regarding Avis Budget Group
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Avis Budget Group, Inc. is the American parent company of Avis Car Rental, Budget Car Rental, Budget Truck Rental, Payless Car Rental, Apex Car Rentals, Maggiore Group and Zipcar. The company's headquarters is located in Parsippany, New Jersey, United States.... Read More
