Avis Budget Group financials
$106.79+1.77%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.65B | $11.79B | $12.01B | $11.99B | $9.31B | $5.40B | $9.17B | $9.12B | $8.85B | $8.66B |
| Gross profit | $8.64B | $8.81B | $10.27B | $11.17B | $8.12B | $4.03B | $7.11B | $6.95B | $6.63B | $6.61B |
| Gross margin | 74.1% | 74.8% | 85.5% | 93.1% | 87.1% | 74.7% | 77.5% | 76.1% | 74.9% | 76.4% |
| Operating income | $53.0M | $232.0M | $2.22B | $3.89B | $2.07B | -$395.0M | $831.0M | $808.0M | $711.0M | $814.0M |
| Net income | -$889.0M | -$1.82B | $1.63B | $2.76B | $1.28B | -$684.0M | $302.0M | $165.0M | $361.0M | $163.0M |
| Net margin | −7.6% | −15.4% | 13.6% | 23.0% | 13.8% | −12.7% | 3.3% | 1.8% | 4.1% | 1.9% |
| Diluted EPS | $-25.25 | $-51.23 | $42.08 | $57.16 | $19.44 | $-9.71 | $3.98 | $2.06 | $4.25 | $1.75 |
| EBITDA | $3.07B | $3.16B | $4.68B | $3.91B | $4.61B | $2.28B | $4.05B | $3.06B | $2.98B | $2.97B |
| Operating cash flow | $3.30B | $3.52B | $3.83B | $4.71B | $3.49B | $691.0M | $2.59B | $2.61B | $2.65B | $2.64B |
| Free cash flow | $3.08B | $3.32B | $3.56B | $4.46B | -$6.67B | -$4.80B | -$10.55B | -$10.21B | -$9.09B | -$10.01B |
| Diluted shares | 35.2M | 35.5M | 38.8M | 48.4M | 66.1M | 70.5M | 75.7M | 80.1M | 84.8M | 93.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $519.0M | $534.0M | $555.0M | $570.0M | $534.0M | $692.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $10.87B | $8.85B | $8.32B | $7.21B | $6.55B | $5.99B |
| Total assets | $31.26B | $29.04B | $32.57B | $25.93B | $22.60B | $17.54B |
| Total liabilities | $34.30B | $31.36B | $32.91B | $26.63B | $22.81B | $17.69B |
| Shareholders' equity | -$3.12B | -$2.32B | -$343.0M | -$700.0M | -$209.0M | -$155.0M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology