Avis Budget Group, Inc. (CAR) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Rental & Leasing Services
EV/EBITDA
↓
7.11
↑+23% vs avg
5yr avg: 5.78
30Y Low0.8·High7.9
P/FCF
N/A
—
5yr avg: 13.77
30Y Low0.5·High39.0
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low0.2·High15.5
ROE
N/A
—
5yr avg: N/A
30Y Low-273%·High91%
Debt/EBITDA
↑
5.94
↑+32% vs avg
5yr avg: 4.51
30Y Low0.0·High6.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CAR Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Avis Budget Group, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.7B | $4.5B | $2.9B | $6.9B | $7.9B | $13.7B | $2.6B | $2.4B | $1.8B | $3.7B | $3.4B |
| Enterprise Value | $37.3B | $35.2B | $28.4B | $32.8B | $28.3B | $31.0B | $15.6B | $18.9B | $15.0B | $15.9B | $15.3B |
| P/E Ratio → | -7.46 | — | — | 4.21 | 2.87 | 10.67 | — | 8.08 | 10.91 | 10.32 | 20.96 |
| P/S Ratio | 0.57 | 0.39 | 0.24 | 0.57 | 0.66 | 1.47 | 0.49 | 0.27 | 0.20 | 0.42 | 0.40 |
| P/B Ratio | — | — | — | — | — | — | — | 3.72 | 4.35 | 6.49 | 15.49 |
| P/FCF | — | — | — | — | 13.77 | — | 0.67 | — | — | 7.25 | 7.10 |
| P/OCF | 2.02 | 1.37 | 0.81 | 1.80 | 1.69 | 3.93 | 3.81 | 0.94 | 0.69 | 1.41 | 1.30 |
P/E links to full P/E history page with 30-year chart
CAR EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Avis Budget Group, Inc.'s enterprise value stands at 7.1x EBITDA, 23% above its 5-year average of 5.8x. The Industrials sector median is 13.8x, placing the stock at a 49% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.02 | 2.41 | 2.73 | 2.36 | 3.33 | 2.89 | 2.06 | 1.64 | 1.80 | 1.77 |
| EV / EBITDA | 7.11 | 6.70 | 5.15 | 5.65 | 4.64 | 6.78 | 6.89 | 4.83 | 4.99 | 5.24 | 5.09 |
| EV / EBIT | 29.12 | 27.45 | — | 10.99 | 6.52 | 13.74 | — | 23.13 | 19.61 | 23.55 | 18.04 |
| EV / FCF | — | — | — | — | 49.10 | — | 3.95 | — | — | 31.04 | 31.81 |
CAR Profitability
Margins and return-on-capital ratios measuring operating efficiency
Avis Budget Group, Inc. earns an operating margin of 11.0%, above the Industrials sector average of 4.3%. Operating margins have compressed from 19.6% to 11.0% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROIC of 3.8% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.4% | 24.4% | 25.4% | 32.7% | 39.8% | 36.4% | 11.0% | 24.6% | 24.5% | 24.6% | 25.4% |
| Operating Margin | 11.0% | 11.0% | 12.7% | 19.6% | 27.4% | 22.4% | -5.5% | 8.4% | 8.4% | 9.4% | 10.2% |
| Net Profit Margin | -7.6% | -7.6% | -15.4% | 13.6% | 23.0% | 13.8% | -12.7% | 3.3% | 1.8% | 4.1% | 1.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | -273.1% | 56.4% | 33.4% | 90.9% | 49.4% |
| ROA | -2.9% | -2.9% | -5.7% | 5.5% | 11.4% | 6.4% | -3.3% | 1.4% | 0.9% | 2.0% | 0.9% |
| ROIC | 3.8% | 3.8% | 4.6% | 7.8% | 13.4% | 10.5% | -1.5% | 3.7% | 4.4% | 5.0% | 5.4% |
| ROCE | 4.5% | 4.5% | 5.2% | 8.7% | 15.1% | 11.7% | -1.6% | 3.9% | 4.5% | 5.2% | 5.5% |
CAR Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Avis Budget Group, Inc. carries a Debt/EBITDA ratio of 5.9x, which is highly leveraged (83% above the sector average of 3.2x). Net debt stands at $30.6B ($31.2B total debt minus $519M cash). Interest coverage of just 0.9x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | 26.10 | 33.29 | 22.37 | 56.11 |
| Debt / EBITDA | 5.94 | 5.94 | 4.73 | 4.56 | 3.43 | 3.90 | 6.03 | 4.38 | 4.60 | 4.22 | 4.11 |
| Net Debt / Equity | — | — | — | — | — | — | — | 25.05 | 31.79 | 21.29 | 53.90 |
| Net Debt / EBITDA | 5.84 | 5.84 | 4.63 | 4.46 | 3.34 | 3.78 | 5.73 | 4.20 | 4.39 | 4.01 | 3.95 |
| Debt / FCF | — | — | — | — | 35.32 | — | 3.28 | — | — | 23.79 | 24.71 |
| Interest Coverage | 0.91 | 0.91 | -3.73 | 10.08 | 17.34 | 10.34 | -0.68 | 1.54 | 4.06 | 3.60 | 4.19 |
CAR Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.72x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.80x to 0.72x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.72 | 0.72 | 0.75 | 0.80 | 0.73 | 0.77 | 0.87 | 0.96 | 1.27 | 1.26 | 1.03 |
| Quick Ratio | 0.72 | 0.72 | 0.75 | 0.80 | 0.73 | 0.77 | 0.87 | 0.96 | 1.27 | 1.26 | 1.03 |
| Cash Ratio | 0.18 | 0.18 | 0.20 | 0.21 | 0.22 | 0.22 | 0.34 | 0.31 | 0.36 | 0.38 | 0.28 |
| Asset Turnover | — | 0.36 | 0.39 | 0.36 | 0.46 | 0.41 | 0.31 | 0.38 | 0.47 | 0.50 | 0.49 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 35.21 | 31.74 | 33.19 | 28.97 | 39.70 | 53.65 | 43.14 | 45.41 | 45.21 | 40.51 |
CAR Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Avis Budget Group, Inc. returns 0.1% to shareholders annually primarily through share buybacks.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 5.2% | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | 21.8% | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 23.7% | 34.8% | 9.4% | — | 12.4% | 9.2% | 9.7% | 4.8% |
| FCF Yield | — | — | — | — | 7.3% | — | 150.2% | — | — | 13.8% | 14.1% |
| Buyback Yield | 0.1% | 0.2% | 2.4% | 13.8% | 42.0% | 10.7% | 4.5% | 2.7% | 12.0% | 5.6% | 11.3% |
| Total Shareholder Yield | 0.1% | 0.2% | 2.4% | 19.0% | 42.0% | 10.7% | 4.5% | 2.7% | 12.0% | 5.6% | 11.3% |
| Shares Outstanding | — | $35M | $36M | $39M | $48M | $66M | $71M | $76M | $80M | $85M | $93M |
Peer Comparison
Compare CAR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CARYou | $7B | -7.5 | 7.1 | — | 24.4% | 11.0% | — | 3.8% | 5.9 |
 HTZ | $2B | -2.1 | 8.6 | — | 11.4% | 0.2% | — | 0.1% | 8.4 |
 RCMT | $187M | 12.3 | 7.5 | 10.8 | 26.9% | 7.9% | 41.1% | 26.9% | 0.9 |
 MNRO | $467M | 565.5 | 12.2 | 12.0 | 35.0% | 1.3% | 0.4% | 1.1% | 6.3 |
 URI | $67B | 27.9 | 11.8 | 101.9 | 35.4% | 24.7% | 28.4% | 12.4% | 2.3 |
 GATX | $6B | 19.4 | 14.3 | — | 48.6% | 30.7% | 11.0% | 3.7% | 13.0 |
 AL | $7B | 7.0 | — | — | 59.4% | 50.5% | 13.6% | 4.2% | 7.2 |
 GM | $71B | 24.2 | 10.3 | 6.5 | 10.9% | 1.6% | 4.2% | 1.3% | 7.4 |
 F | $55B | -6.8 | 23.4 | 4.4 | 12.2% | 1.4% | -20.2% | 1.0% | 19.7 |
 STLA | $18B | -0.6 | — | — | -2.7% | -14.5% | -38.6% | -25.3% | — |
 KMX | $8B | 31.9 | — | 6.1 | 10.8% | -1.6% | 4.1% | -1.3% | — |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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CAR — Frequently Asked Questions
Quick answers to the most common questions about buying CAR stock.
What is Avis Budget Group, Inc.'s P/E ratio?
Avis Budget Group, Inc.'s current P/E ratio is -7.5x. The historical average is 9.7x.
What is Avis Budget Group, Inc.'s EV/EBITDA?
Avis Budget Group, Inc.'s current EV/EBITDA is 7.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 4.6x.
Is CAR stock overvalued?
Based on historical data, Avis Budget Group, Inc. is trading at a P/E of -7.5x. Compare with industry peers and growth rates for a complete picture.
What are Avis Budget Group, Inc.'s profit margins?
Avis Budget Group, Inc. has 24.4% gross margin and 11.0% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Avis Budget Group, Inc. have?
Avis Budget Group, Inc.'s Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.