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Avis Budget Group, Inc. (CAR) stock

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NASDAQ: CAR Nasdaq Passenger Ground Transportation Next results ~November 3, 2026

C+ Fundamentals grade

Avis Budget Group, Inc. is a US-listed company in the passenger ground transportation industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$220

Growth cash-flow model

Base case. Range ~$95–$290. Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Avis Budget Group, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 5 selling1 purchase and 127 sales by directors and officers, last 12 monthsInsider trades
  • Funds141 adding, 157 cuttingOf 47 active managers that changed their stake, 25 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Avis Budget Group files

Where Avis Budget stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $11.7bn, up 0.4% on a year earlier, about the same pace as a quarter earlier. That puts it 813 of 931 for growth among all the companies we cover. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 1 of our 3 financial-health checks. Our price-to-sales vs peers value is $366 a share, against a share price of $102.

Source: 10-Q filed July 29, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Where it stands out: stock pay as % of revenue of 0.1% ranks 23 of 512 industrials companies we cover.

Current signal Net income rising while operating cash flow falls: TTM net income grew 71.4% while operating cash flow fell 17.0% — earnings and cash are telling different stories.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in Avis Budget Group, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Volatile shares. Over the past year the shares showed annualised volatility of 100% and a beta of 0.7 against the S&P 500.
  • Heavily shorted. 47.2% of the shares available to trade are sold short (10.6 days of average volume to cover).
  • Missing expectations. Earnings per share fell short of the consensus estimate in 3 of the last four quarters.
  • Estimates being cut. Analysts' consensus for next year's earnings per share has fallen 25.3% over 90 days.

Latest results: FY2026 Q2

Filed July 29, 2026
Earnings per share
$0.98 against an average estimate of $1.85: missed by 46.9%
Revenue
$3.00bn, down 1.3% on a year earlier
Share reaction
-5.4% in the first session after the results on July 28, 2026, against -1.3% for the S&P 500
Next report
November 3, 2026; average EPS estimate $7.97

Avis Budget Group's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.3%
  • 1 week+9.5%
  • 1 month+0.3%
  • This year-13.1%
  • 1 year-18.0%
  • 5 years-60.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$11.7B
Net margin
-5.4%
EPS (TTM, diluted)
$-18.02

Growth

Revenue growth
+0.4%
Change in growth rate
−0.3 pts
Share count change
−0.1%

Cash

Stock pay % of revenue
0.1%

Earnings

Last results
July 28, 2026

News & updates

Updated November 3, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Our research
  3. Announcement
  4. Agreement
  5. Leadership
  6. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Avis Budget Group, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Avis Budget Group, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.11 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$220 ~$95–$290 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: fewer than 5 peers with a usable multiple
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: book value or earnings not available
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: fewer than 5 peers with a usable multiple
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$220 ~$95–$290 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Avis Budget Group, Inc. with Passenger Ground Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$34.85$41.69$21.36$30.63$35.44$197.02$155.75$177.26$80.61$128.32$111.52
Market value$3.3bn$3.5bn$1.7bn$2.3bn$2.5bn$13.0bn$7.5bn$6.9bn$2.9bn$4.5bn$3.9bn
+ Net debt (− = net cash)$3.1bn$3.0bn$3.0bn$2.8bn$3.5bn$3.5bn$4.1bn$4.3bn$4.9bn$5.6bn$5.5bn
Enterprise value$6.3bn$6.6bn$4.7bn$5.1bn$6.0bn$16.5bn$11.7bn$11.1bn$7.7bn$10.1bn$9.4bn
Multiples
Price / sales 0.4x0.4x0.2x0.3x0.5x1.4x0.6x0.6x0.2x0.4x0.3x
Price / earnings 19.9x9.8x10.4x7.7x—10.1x2.7x4.2x———
Price / free cash flow ———————————
EV / EBITDA ———————————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

28 /100

Weak moat

How hard Avis Budget Group's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 0.8% of total assets over 10 years.

  • Durability 0 / 20

    Net margin has been a median 2.5%; its worst year was -19.1%.

  • Discipline 20 / 20

    The diluted share count fell 49.6% over five years; stock-based pay has been a median 0.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (33 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, after the close. Analysts expect revenue of $3.4bn and EPS of $7.97 (range $7.50 to $8.60) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.30 +105% $11.6bn −0%
Next $6.28 +383% $11.8bn +2%

Next year's EPS estimate has moved −25.3% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −62.0% on 90 days ago. In the last 30 days, 0 analysts raised Avis Budget Group, Inc.'s forecast and 0 cut it.

Consensus EPS forecast Avis Budget Group, Inc., last 90 days
$0.00 $5.00 $10.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $3.42 Current fiscal year, 60 days ago: $0.82 Current fiscal year, 30 days ago: $1.30 Current fiscal year, 7 days ago: $1.30 Current fiscal year, Now: $1.30 $1.30 Next fiscal year, 90 days ago: $8.40 Next fiscal year, 60 days ago: $6.29 Next fiscal year, 30 days ago: $6.28 Next fiscal year, 7 days ago: $6.28 Next fiscal year, Now: $6.28 $6.28

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $3.42$8.40
60 days ago $0.82$6.29
30 days ago $1.30$6.28
7 days ago $1.30$6.28
Now $1.30$6.28

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $1.85 $0.98 −46.9%
Mar 2026 −$7.50 −$8.01 −6.7%
Dec 2025 −$0.19 −$21.25 −11015.8%
Sept 2025 $7.90 $10.11 +27.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 28, 2026

No numeric guidance in Avis Budget Group, Inc.'s latest earnings release (filed July 28, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

8 analysts, Oct 2026
Buy00%
Hold675%
Sell225%

Monthly trend

  1. Oct 20266118
  2. Sep 20266118
  3. Aug 20266118
  4. Jul 20266118

Counts of recommendations published by analysts covering Avis Budget Group, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
47.2%
of tradable shares
Days to cover
10.6
at average volume
Short interest, 1 month
−2%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
1.4%
of shares
Employees
17,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −18.0%

$136.07 on October 31, 2025 to $111.52

ThenNowEffect
Revenue (last 12 months) $11.7bn $11.7bn +0.4%
P/S multiple 0.4x 0.3x −18.5%
Share count 35m 35m +0.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years −41.3%

$190.04 on November 3, 2023 to $111.52

ThenNowEffect
Revenue (last 12 months) $12.0bn $11.7bn −2.4%
P/S multiple 0.7x 0.3x −49.9%
Share count 42m 35m +20.0%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CAR+456%−21%+14%−55%+59%−13%
Industry peers (median)−15%−40%−7%−3%+4%−13%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CAR75%42%42%33%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CAR−43%−57%−36%−62%−43%−86%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 86% from April 21, 2026 to October 21, 2026. Getting back needed a 626% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$87.69 – $713.97
From 52-week high
−84.4%
vs 50-day average
−4.1%
vs 200-day average
−27.4%
Volatility (1 year)
100%
Beta vs S&P 500
0.74

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±10.7%
After a week
5 up, 7 down
typical move ±15.9%
After a month
4 up, 8 down
typical move ±20.3%
Results releasedNext dayS&P 500 next day5 days21 days
July 28, 2026 −5.4% −1.3% −13.8% −12.0%
April 29, 2026 −0.7% +1.0% −9.8% −3.4%
February 18, 2026 −20.8% +0.2% −23.9% −17.7%
October 27, 2025 −7.2% +1.4% −15.8% −14.6%
July 29, 2025 −16.3% −0.4% −22.7% −23.8%
May 7, 2025 +3.9% +1.1% +8.8% +26.4%
February 11, 2025 −7.6% −0.2% +4.2% −38.6%
October 31, 2024 +7.1% −1.5% +10.3% +23.3%
August 5, 2024 +2.2% −2.0% −1.6% −11.7%
May 1, 2024 +19.2% +0.6% +26.2% +19.2%
February 12, 2024 −23.1% −1.4% −37.1% −33.0%
November 1, 2023 +14.9% +3.0% +16.3% +20.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Avis Budget Group, Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Avis Budget Group, Inc.
$11.6B $11.7B $11.8B $11.9B $12B $12.1B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $12B Revenue (TTM), FY23 Q4: $12B Revenue (TTM), FY24 Q1: $12B Revenue (TTM), FY24 Q2: $11.9B Revenue (TTM), FY24 Q3: $11.8B Revenue (TTM), FY24 Q4: $11.8B Revenue (TTM), FY25 Q1: $11.7B Revenue (TTM), FY25 Q2: $11.7B Revenue (TTM), FY25 Q3: $11.7B Revenue (TTM), FY25 Q4: $11.7B Revenue (TTM), FY26 Q1: $11.8B Revenue (TTM), FY26 Q2: $11.7B $11.7B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $12B
FY23 Q4 $12B
FY24 Q1 $12B
FY24 Q2 $11.9B
FY24 Q3 $11.8B
FY24 Q4 $11.8B
FY25 Q1 $11.7B
FY25 Q2 $11.7B
FY25 Q3 $11.7B
FY25 Q4 $11.7B
FY26 Q1 $11.8B
FY26 Q2 $11.7B
Revenue growth, TTM YoY Avis Budget Group, Inc.
-4% -2% 0% 2% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 1.9% Revenue growth, TTM YoY, FY23 Q4: 0.1% Revenue growth, TTM YoY, FY24 Q1: -1.0% Revenue growth, TTM YoY, FY24 Q2: -0.6% Revenue growth, TTM YoY, FY24 Q3: -1.4% Revenue growth, TTM YoY, FY24 Q4: -1.8% Revenue growth, TTM YoY, FY25 Q1: -2.8% Revenue growth, TTM YoY, FY25 Q2: -2.2% Revenue growth, TTM YoY, FY25 Q3: -1.2% Revenue growth, TTM YoY, FY25 Q4: -1.2% Revenue growth, TTM YoY, FY26 Q1: 0.7% Revenue growth, TTM YoY, FY26 Q2: 0.4% 0.4%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 1.9%
FY23 Q4 0.1%
FY24 Q1 -1.0%
FY24 Q2 -0.6%
FY24 Q3 -1.4%
FY24 Q4 -1.8%
FY25 Q1 -2.8%
FY25 Q2 -2.2%
FY25 Q3 -1.2%
FY25 Q4 -1.2%
FY26 Q1 0.7%
FY26 Q2 0.4%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 8.7 8.8 9.1 9.2 5.4 9.3 12.0 12.0 11.8 11.7 11.7
Net income 0.2 0.4 0.2 0.3 −0.7 1.3 2.8 1.6 −1.8 −0.9 −0.6
Diluted EPS $1.75 $4.25 $2.06 $3.98 −$9.71 $19.44 $57.16 $42.08 −$51.23 −$25.25 −$18.02
Growth (year on year)
Revenue — +2.2% +3.1% +0.5% −41.1% +72.4% +28.8% +0.1% −1.8% −1.2% +0.4%
Net income — — −54.3% — −326.5% — +115.1% −41.0% −211.6% — —
Diluted EPS — — −51.5% — −344.0% — +194.0% −26.4% −221.7% — —
Margins
Net margin 1.9% 4.1% 1.8% 3.3% −12.7% 13.8% 23.0% 13.6% −15.4% −7.6% −5.4%
Cash flow
Cash from operations 2.6 2.6 2.6 2.6 0.7 3.5 4.7 3.8 3.5 3.3 2.9
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Balance sheet
Cash 0.5 0.6 0.6 0.7 0.7 0.5 0.6 0.6 0.5 0.5 0.6
Total debt 3.6 3.6 3.6 3.5 4.2 4.0 4.7 4.8 5.4 6.1 6.0
Net debt (negative = net cash) 3.1 3.0 3.0 2.8 3.5 3.5 4.1 4.3 4.9 5.6 5.5
Diluted shares 93m 85m 80m 76m 71m 66m 48m 39m 36m 35m 35m
Returned to shareholders
Dividends — — — — — 0.0 0.0 0.4 0.0 0.0 —
Buybacks 0.4 0.2 0.2 0.1 0.1 1.5 3.3 1.0 0.1 0.0 0.0
Total returned 0.4 0.2 0.2 0.1 0.1 1.5 3.3 1.3 0.1 0.0 0.0

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 3 checks passed · June 30, 2026
What it owns · $32.3bn
Short-term assets $2.5bnLonger-term assets $29.8bn
What it owes, and who funded it · $3.1bn
Short-term liabilities $3.1bnShareholders' equity $-3.4bn
  • Short-term assets cover short-term liabilities $2.5bn of assets due within a year against $3.1bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $558m of cash against $6.0bn of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $2.9bn of operating cash flow against $6.0bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Avis Budget Group, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$11M
Buybacks, last 3 fiscal years
$1B
Diluted share count
−0.1%
year over year
Sales & admin spending
12.5%
of revenue

Competitors: side by side with peers

Closest by revenue in passenger ground transportation
Last 12 months unless stated CAR HTZ LYFT UBER Median
Revenue, last 12 months $11.7bn $8.9bn $6.8bn $55.2bn $10.3bn
Revenue growth, last 12 months 0.4% 3.4% 10.8% 16.7% 7.1%
Revenue growth, 3-year average −0.8% −0.4% 16.8% 16.4% 8.0%
Revenue growth, latest quarter −1.3% 9.7% 16.1% 12.2% 10.9%
Operating margin — — −1.8% 12.1% 5.2%
Operating margin, 3-year average — — −2.1% 8.9% 3.4%
Net margin −5.4% −3.1% 42.3% 17.3% 7.1%
Cash from operations / revenue 24.8% 16.0% 17.6% 18.9% 18.3%
Free-cash-flow margin — 14.8% 15.5% 18.3% 15.5%
Free-cash-flow margin, 3-year average — 19.9% 12.4% 16.1% 16.1%
Stock pay / revenue 0.1% 0.8% 4.6% 3.5% 2.1%
Change in share count −0.1% 14.2% −4.5% −3.1% −1.6%

Median of all 4 companies we cover in passenger ground transportation. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

584 industrials companies
Measure Company Peer median Rank
Revenue growth Growth 0.4% 7.6% 423 of 581
Change in growth rate Growth -0.3pp +1.1pp 368 of 580
Net margin Profitability -5.4% 3.8% 429 of 582
Stock pay as % of revenue Cash generation 0.1% 0.9% 23 of 512
Long-term debt as % of assets Balance sheet 18.6% 22.6% 188 of 453
Change in share count Balance sheet -0.1% 0.0% 244 of 529

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Geography
Region Revenue YoY
Americas $8.9B ▼ 2.3%
United States $8.4B ▼ 2.2%
Outside the US $3.3B ▲ 1.6%
EMEA $2.1B ▲ 3.5%
Asia and Australasia $635M ▲ 0.3%

These categories overlap or exclude eliminations, so shares aren't shown.

From Avis Budget Group, Inc.'s 10-K filed February 19, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$6.1B
Institutions reporting
300
Shares held vs prior quarter
▼ 16.9%
Positions opened / closed
59 / 54

Top buyers and sellers, Q2 2026: 141 institutions bought and 157 sold ; the biggest buyer was Nomura Holdings Inc (+1.1M shares) and the biggest seller Pentwater Capital Management LP (−4.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
SRS Investment Management, LLC $2.6B 17.4M 42.0% 0.0%
UBS Group AG $375M 2.5M 6.1% ▼ 41.9%
Pentwater Capital Management LP $372M 2.5M 6.1% ▼ 64.3%
Morgan Stanley $300M 2.0M 4.9% ▼ 4.1%
HSBC Holdings PLC $248M 1.7M 4.0% ▼ 1.5%
Blackrock, Inc. $245M 1.7M 4.0% ▲ 0.1%
Nomura Holdings Inc $237M 1.6M 3.9% ▲ 194.1%
National Bank Of Canada $209M 1.4M 3.4% ▲ 68.3%
Vanguard Capital Management LLC $117M 789K 1.9% ▲ 8.5%
Vanguard Portfolio Management LLC $112M 756K 1.8% ▲ 6.6%
SG Americas Securities, LLC $107M 722K 1.7% ▲ 47435.4%
State Street Corp $90.7M 614K 1.5% ▼ 8.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Avis Budget Group, Inc.'s complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $40.1M 1 trade by 1 insider, last 12 months Insider sales History → $3.5B 127 trades by 5 insiders · 0% under pre-set plans
Net ▼ $3.5B net selling
Insider Date Trade Shares Price Value
Simhambhatla Ravi EVP, CDIO - see remarks August 7, 2026 Sell 276 $140.27 $38,715
Simhambhatla Ravi EVP, CDIO - see remarks August 7, 2026 Sell 1,490 $139.53 $207,900
Simhambhatla Ravi EVP, CDIO - see remarks August 7, 2026 Sell 2,936 $138.27 $405,961
Linnen Edward P EVP, Chief HR Officer April 30, 2026 Sell 2,400 $183.10 $439,440
Linnen Edward P EVP, Chief HR Officer April 30, 2026 Sell 7,083 $182.05 $1.3M
Simhambhatla Ravi EVP, CDIO - see remarks April 30, 2026 Sell 3,469 $184.09 $638,608
Halbower Matthew 10% owner April 23, 2026 Sell 86,822 $264.60 $23M
Halbower Matthew 10% owner April 23, 2026 Sell 176,728 $264.60 $46.8M
Halbower Matthew 10% owner April 23, 2026 Sell 2,627 $264.60 $695,104
Halbower Matthew 10% owner April 23, 2026 Sell 15,664 $264.60 $4.1M
Halbower Matthew 10% owner April 23, 2026 Sell 137,058 $264.60 $36.3M
Halbower Matthew 10% owner April 23, 2026 Sell 374,839 $278.44 $104M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 3 trades and filings

No trades in Avis Budget Group, Inc. disclosed in the last 12 months; 3 earlier trades on record.

  • Daniel S. Goldman(D-NY 10):Purchase, $1,001 - $15,000, traded April 10, 2023, filed May 19, 2023
  • Thomas MacArthur(NJ):Sale (full), $1,001 - $15,000, traded May 27, 2015, filed June 7, 2015
  • Thomas MacArthur(NJ):Purchase, $1,001 - $15,000, traded March 18, 2015, filed April 11, 2015

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around October 26, 2026 estimated from the company's past filing pattern, not announced

  • July 28, 2026
  • April 29, 2026
  • February 18, 2026
  • October 27, 2025
  • July 29, 2025
  • May 7, 2025

Recent SEC filings

Data status

When each part of this page on Avis Budget Group, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Avis Budget Group, Inc. in brief

What does Avis Budget Group, Inc. do?
Avis Budget Group, Inc. is a US-listed company in the passenger ground transportation industry. Its financial year ends in December.
What is Avis Budget Group, Inc.'s stock ticker?
Avis Budget Group, Inc. trades under the ticker CAR on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Avis Budget Group, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Avis Budget Group, Inc. reported revenue of $11.7B, 0.4% higher than a year earlier, according to its SEC filings.
Who are Avis Budget Group, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are SRS Investment Management, LLC, UBS Group AG and Pentwater Capital Management LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Avis Budget Group, Inc. buying back stock, and does it pay a dividend?
Avis Budget Group, Inc. spent $11M on share repurchases over the trailing twelve months, and its diluted share count fell 0.1% over the year.
What is Avis Budget Group, Inc.'s market cap?
On November 2, 2026, Avis Budget Group, Inc.'s market capitalisation was about $3.9B and net debt of $5.5B. Market figures come from third-party market data and may be delayed.
Who are Avis Budget Group, Inc.'s competitors?
In our Passenger Ground Transportation peer group, the companies closest to Avis Budget Group, Inc. are Hertz Global Holdings, Inc, Lyft, Inc. and Uber. The side-by-side comparison below sets their revenue, margins and growth against Avis Budget Group, Inc.'s.
Are insiders buying or selling Avis Budget Group, Inc. stock?
Over the last 12 months, Avis Budget Group, Inc.'s directors and officers reported 1 open-market purchases and 127 sales on Form 4. The insider trading page charts every trade.
When is Avis Budget Group, Inc.'s next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Avis Budget Group, Inc. announces its own schedule.