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CARAvis Budget Group, Inc.
$105.67$3.7B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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CAR logo

Avis Budget Group, Inc.

CAR
NASDAQ · Rental & Leasing
$105.67
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$3.73B
P/E-4.2x
52W High$847.70
Volume430.36K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Fleet Cost Volatility Masks Residual Value Risk

Avis Budget Group's earnings are highly volatile due to extreme swings in gross margins, from 51.1% in 2026Q2 to 16.3% in 2026Q1, reflecting sensitivity to used-vehicle residual values. The company's heavy capital intensity, with CapEx averaging over 100% of r...

GrowthDecelerating
ProfitabilityWeak
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

CAR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

4/12 Beats

EPS beat 4 of last 12 quarters

02

Valuation risk

-118% Peers

P/E is 118% below peer median

03

Market leadership

RS 28 · Lag

Laggard (Underperforming 72% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 28
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue has been stagnant, with a 1.3% YoY decline in 2026Q2, while gross margin volatility is extreme, swinging from 51.1% in 2026Q2 to 16.3% in 2026Q1, indicating significant pricing and fleet cost pressures.

Analyst Consensus+22.2% target
Hold(13 analysts)
2 Buy8 Hold3 Sell

The Bull Case

Upside Catalysts

Global rental footprint

Avis Budget Group operates over 10,000 rental locations in approximately 180 countries, providing extensive global reach and market penetration.

Diverse vehicle selection

The company offers a wide range of vehicles, from economy to luxury, catering to various customer preferences and needs.

Strong brand portfolio

Avis Budget Group owns well-known brands like Avis, Budget, and Zipcar, enhancing its competitive position in the mobility solutions market.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CAR-17.59%
S&P 500 (^GSPC)+12.39%
1-Year Return
CAR-33.70%
S&P 500 (^GSPC)+15.77%
3-Year Return
CAR-36.04%
S&P 500 (^GSPC)+76.22%
5-Year Return
CAR+6.97%
S&P 500 (^GSPC)+58.56%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-4.2x
Forward P/E
30.4x
EV/EBITDA60th %ile
6.5x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-4.2x
4.2x
0th· Low
EV/EBITDA
6.5x
5.6x
60th· Fair
Price/FCF
N/A
13.8x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$1073.22+915.6%
Base (Fair)$9144.50+7668.7%
Bull$1793.39+1597.2%
$1073.22 Bear$9144.50 Base$1793.39 Bull
Current Market Price: $105.67
Trades at a 98.8% discount to Base DCF ($9144.50)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$11.65B-1.2% YoY
Net income
-$889M+51.2% YoY
Free cash flow
-$11.98B-83.0% YoY
Operating margin
11%-1.7 pts YoY
ROIC (TTM)3.8%
Avg ROIC 5Y-
ROE (TTM)-
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate4/12 (33%)
Revenue Beat Rate4/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 28, 2026
$0.98-52.2%
vs $2.05
$3.0B-3.2%
vs $3.1B
Q2 2026
Apr 29, 2026
-$8.01-17.4%
vs -$6.82
$2.5B+4.2%
vs $2.4B
Q1 2026
Feb 18, 2026
-$6.53-2151.7%
vs -$0.29
$2.7B-2.7%
vs $2.7B
Q4 2025
Oct 27, 2025
$10.11+24.7%
vs $8.11
$3.5B+27.9%
vs $2.8B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Newsfile Corp·6d ago
Kaplan Fox Encourages Investors of Avis Budget Group, Inc. (CAR) to Act Ahead of the Lead Plaintiff Deadline on September 29, 2026

New York, New York--(Newsfile Corp. - September 17, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Avis Budget Group, Inc. ("Avis" or the "Company") (NASDAQ: CAR) on behalf of investors that purchased or otherwise acquired Avis securities between February 20, 2025 and April 21, 2026 (the "Class Period"). CLICK HERE TO JOIN THE CASE If you are an investor in Avis and have suffered losses, you may CLICK HERE to contact us.

Defense World·Jul 30, 2026
Avis Budget Group (NASDAQ:CAR) Shares Gap Down on Disappointing Earnings

Avis Budget Group, Inc. (NASDAQ: CAR - Get Free Report)'s share price gapped down before the market opened on Wednesday following a dissappointing earnings announcement. The stock had previously closed at $166.32, but opened at $150.07. Avis Budget Group shares last traded at $145.0590, with a volume of 132,324 shares changing hands. The business services provider

Business Wire·Jul 29, 2026
Johnson & Johnson Announces Collaboration with Sail Biomedicines to Advance in vivo CAR-T Programs and Transform Autoimmune Disease Through Immune Reset

NEW BRUNSWICK, N.J.--(BUSINESS WIRE)--Johnson & Johnson1 (NYSE: JNJ) today announced strategic agreements and collaboration with Sail Biomedicines (Sail), a biotechnology company developing in vivo CAR-T therapies for immune-mediated diseases. Johnson & Johnson will collaborate with Sail to advance its lead immune-mediated disease program and broader platform technology, with incentives to expand the application of Sail's in vivo CAR-T platform across additional therapeutic targets over.

Fool - Investing News·Jul 29, 2026
Why Avis Budget Stock Crashed Today

Avis Budget lost money in 2025. 2026 will probably be better than that -- but still not good enough for Wall Street.

Filtered for Avis Budget Group, Inc.More Headlines
04

Compare before deciding

Benchmark CAR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Avis Budget Group, Inc. (CAR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CAR logoCARAvis Budget Group, Inc.Current
$105.67$3.73B-4.18-1.16%-7.63%——
HTZ logoHTZHertz Global Holdings, Inc.
$1.74$727.32M-0.72-6.02%-3.13%——
RCMT logoRCMTRCM Technologies, Inc.
$40.33$285.84M18.7614.74%5.13%37.92%—
MNRO logoMNROMonro Inc.
$14.02$438.08M509.82-3.19%0.71%1.36%—
URI logoURIUnited Rentals, Inc.
$1031.99$64.23B26.734.91%15.67%29.18%—
GATX logoGATXGATX Corporation
$185.70$6.59B20.369.77%17.94%10.83%—

Compare CAR vs Peers

Avis Budget Group, Inc. (CAR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HTZ

Most directly comparable listed peer for CAR.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare CAR against a more recognizable public peer.

Peer Set

Compare Top 5

vs HTZ, RCMT, MNRO, URI

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

CAR SEC Filings & Documents

Avis Budget Group, Inc. (CAR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 28, 2026·SEC

Material company update

Jul 1, 2026·SEC

Material company update

Jun 22, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 19, 2026·SEC

FY 2025

Feb 14, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 29, 2026·SEC

FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 28, 2025·SEC

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CAR Frequently Asked Questions

Avis Budget Group, Inc. (CAR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Avis Budget Group, Inc.'s revenue?

Avis Budget Group, Inc. (CAR) reported $11.71B in revenue for fiscal year 2025. This represents a 399% increase from $2.35B in 1996.

How fast is Avis Budget Group, Inc. growing?

Avis Budget Group, Inc. (CAR) saw revenue decline by 1.2% over the past year.

Is CAR profitable?

Avis Budget Group, Inc. (CAR) reported a net loss of $636.0M for fiscal year 2025.

Dividend & Returns
What is Avis Budget Group, Inc.'s free cash flow?

Avis Budget Group, Inc. (CAR) had negative free cash flow of $11.40B in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in CAR back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →