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CARAvis Budget Group, Inc.
$118.83$4.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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CAR logo

Avis Budget Group, Inc.

CAR
NASDAQ · Equipment & Vehicle Rental
$118.83
At close - Nov 6, 4:00 PM EST - USD
Market Cap$4.2B
P/E-5.2x
52W High$847.70
Volume937.16K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Fleet Leverage And Negative Equity Overshadow Volatile Earnings

Avis Budget Group's revenue has plateaued in a $2.4B to $3.5B quarterly range, with the latest quarter showing a 2.4% year-over-year decline, suggesting demand has stopped re-accelerating.

GrowthMixed
ProfitabilityStrained
ValuationExpensive
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

3/12 Beats

EPS beat 3 of last 12 quarters

02

Valuation risk

-125% Peers

P/E is 125% below peer median

03

Market leadership

RS 40 · Lag

Laggard (Underperforming 60% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 3
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 hovered between roughly $2.4B and $3.5B per quarter with gross margin compressing from 51.1% in Q2 2026 to 33.4% in Q3 2026, while net margin fell to 5.3% and EPS growth turned sharply negative at -49.1%.

Analyst Consensus-0.1% 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 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
CAR-7.32%
S&P 500 (^GSPC)+7.63%
1-Year Return
CAR-14.08%
S&P 500 (^GSPC)+9.69%
3-Year Return
CAR-35.73%
S&P 500 (^GSPC)+67.25%
5-Year Return
CAR-56.05%
S&P 500 (^GSPC)+55.30%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-5.2x
Forward P/E
51.8x
EV/EBITDA60th %ile
6.2x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-5.2x
4.2x
0th· Low
EV/EBITDA
6.2x
5.6x
60th· Fair
Price/FCF
N/A
13.8x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$983.50+727.7%
Base (Fair)$8227.85+6824.1%
Bull$1671.75+1306.8%
$983.50 Bear$8227.85 Base$1671.75 Bull
Current Market Price: $118.83
Trades at a 98.6% discount to Base DCF ($8227.85)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$11.65B-1.2% YoY
Net income FY25
-$889M+51.2% YoY
Free cash flow FY25
-$11.98B-83.0% YoY
Operating margin FY25
11%-1.7 pts YoY
ROIC (FY25)3.8%
Avg ROIC 5Y8%
ROE (FY25)-
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 Rate3/12 (25%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 3, 2026
$5.15-35.7%
vs $8.01
$3.4B+0.5%
vs $3.4B
Q3 2026
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
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
PRNewsWire·Oct 26, 2026
Anixa Biosciences Announces Completion of Treatment of Fifth Cohort in its Ovarian Cancer CAR-T Clinical Trial

First patient in fifth cohort exhibiting stable disease 90 days after treatment Multiple patients surviving more than one year, including one beyond two years, with no dose-limiting toxicities observed to date Patients in fifth cohort received 1×10⁷ CAR-positive cells/kg following lymphodepletion SAN JOSE, Calif., Oct. 26, 2026 /PRNewswire/ -- Anixa Biosciences, Inc. ("Anixa" or the "Company") (NASDAQ: ANIX), a biotechnology company focused on the treatment and prevention of cancer, today announced that it has completed dosing of the fifth cohort in its ongoing Phase 1, dose-escalating, clinical trial (ClinicalTrials.gov NCT05316129) evaluating its novel FSHR-targeted CAR-T therapy for recurrent ovarian cancer.

GuruFocus·Oct 23, 2026
TG Therapeutics Announces Phase 1 Data Evaluating Azer-cel in Progressive Multiple Sclerosis in a Late-Breaking Oral Presentation at MSToronto2026

TG Therapeutics, Inc. (NASDAQ: TGTX), today announced initial results from the Company's Phase 1 study evaluating azercabtagene zapreleucel (azer-cel), an inves

GuruFocus·Oct 21, 2026
Avis Budget Group Inc (CAR) Shares Fall 4.0% -- What GF Score of 72 Tells Investors

On October 21, 2026, Avis Budget Group Inc (CAR) shares fell 4.0%, bringing the current price to $98.39. This price is down significantly from its 52-week high

Zacks Investment Research·Oct 20, 2026
New Strong Sell Stocks for October 20th

CAR, USAS and APC have been added to the Zacks Rank #5 (Strong Sell) List on October 20, 2026.

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
$118.83$4.2B-5.21-1.16%-6.98%——
HTZ logoHTZHertz Global Holdings, Inc.
$1.64$779M-2.25-6.02%-3.84%——
RCMT logoRCMTRCM Technologies, Inc.
$32.05$227.16M14.2714.74%5.13%37.92%—
MNRO logoMNROMonro Inc.
$10.95$342.15M429.41-3.19%0.07%0.14%10.64%
URI logoURIUnited Rentals, Inc.
$1055.57$65.7B23.004.91%16.33%31.01%0.68%
GATX logoGATXGATX Corporation
$182.74$6.49B16.549.77%17.69%10.85%1.37%

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

Nov 3, 2026·SEC

Material company update

Nov 2, 2026·SEC

Material company update

Oct 6, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 19, 2026·SEC

FY 2025

Feb 14, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 4, 2026·SEC

FY 2026

Jul 29, 2026·SEC

FY 2026

Apr 29, 2026·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 $11.65B in revenue in fiscal year 2025, which is also its trailing twelve months. That is 396% more than the $2.35B of fiscal year 1996.

How fast is Avis Budget Group, Inc. growing?

Avis Budget Group, Inc. (CAR) revenue fell by 0.6% over the trailing twelve months, compared with the twelve months before.

Is CAR profitable?

No. Avis Budget Group, Inc. (CAR) reported a net loss of $812.0M over the trailing twelve months.

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

Avis Budget Group, Inc. (CAR) had negative free cash flow of $11.03B over the trailing twelve months.

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

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

See returns →