Avis Budget Group

Avis Budget Group, Inc. (Avis Budget) operates two brands in the global vehicle rental industry through Avis and Budget. Avis is a rental car supplier positioned to serve the commercial and leisure segments of the travel industry and Budget is a rental car supplier focused primarily on more value-conscious segments of the industry. It operates in three segments: North America, consisting of its Avis and Budget car rental operations in the United States and its Avis and Budget vehicle rental operations in Canada; International, consisting of its Avis and Budget vehicle rental operations in Europe, the Middle East, Asia, Africa, South America, central America, the Caribbean, Australia and New Zealand, and Truck Rental, consisting of its Budget truck rental operations in the United States. On October 3, 2011, the Company acquired Avis Europe plc. In July 2013, Avis Budget Group Inc acquired Payless Car Rental.
Company Growth (employees)
Type
Public
HQ
Parsippany, US
Founded
1946
Size (employees)
30,000 (est)
Avis Budget Group was founded in 1946 and is headquartered in Parsippany, US

Key People at Avis Budget Group

Mark Servodidio

Mark Servodidio

President, International
Larry De Shon

Larry De Shon

Chief Executive Officer and Chief Operating Officer
Scott Deaver

Scott Deaver

Executive Vice President and Chief Marketing Officer
Michael Tucker

Michael Tucker

Executive Vice President and General Counsel
Gerard Insall

Gerard Insall

Executive Vice President and Chief Information Officer
David Wyshner

David Wyshner

President and Chief Financial Officer

Avis Budget Group Office Locations

Avis Budget Group has office in Parsippany
Parsippany, US

Avis Budget Group Metrics

Avis Budget Group Summary

Market capitalization

$2.6 b

Closing share price

$32
Avis Budget Group's current market capitalization is $2.6 b.

Avis Budget Group Financials

Avis Budget Group's revenue is $8.7 b in FY, 2016 which is a 1.8% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$7.9 b$8.5 b$8.5 b$8.7 b

Revenue growth, %

6.9%0.2%1.8%

Operating expense total

$4.1 b$4.3 b$4.3 b

EBIT

$97 m$392 m$382 m

Interest expense

$170 m$219 m$268 m$228 m$209 m$194 m

Income tax expense

$18 m$81 m$147 m$69 m

Net Income

$16 m$245 m$313 m$163 m

Operating cash flow

$87 m($69 m)($172 m)

Avis Budget Group Market Value History

Avis Budget Group Online Presence

Avis Budget Group News

Avis Budget Group Company Life

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