Avis Budget Group 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, International and United States.

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
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Key People/Management 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

Avis Budget Group Office Locations

Avis Budget Group has an office in Parsippany
Parsippany, US (HQ)
6 Sylvan Way
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Avis Budget Group Financials and Metrics

Avis Budget Group Financials

Avis Budget Group's revenue was reported to be $8.66 b in FY, 2016 which is a 1.8% increase from the previous period.
USD

Revenue (Q1, 2018)

2 b

Net income (Q1, 2018)

(87 m)

Market capitalization (21-May-2018)

3.5 b

Closing share price (21-May-2018)

43

Cash (31-Mar-2018)

544 m

EV

6.5 b
Avis Budget Group's current market capitalization is $3.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

7.9 b8.5 b8.5 b8.7 b

Revenue growth, %

7%0%2%

Cost of goods sold

4.1 b4.3 b4.3 b4.4 b

Gross profit

3.9 b4.2 b4.2 b4.3 b
Quarterly
USDQ1, 2018

Revenue

2 b

General and administrative expense

296 m

Operating expense total

2.1 b

Interest expense

46 m
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

482 m911 m534 m606 m693 m624 m452 m490 m

Current Assets

1.9 b1.8 b1.6 b1.8 b

PP&E

614 m638 m681 m685 m

Goodwill

691 m842 m973 m1 b
Quarterly
USDQ1, 2018

Cash

544 m

Current Assets

2.1 b

PP&E

716 m

Goodwill

1.1 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

16 m245 m313 m163 m

Accounts Payable

(28 m)(3 m)(79 m)(9 m)

Cash From Operating Activities

2.3 b2.6 b2.6 b2.6 b

Cash From Investing Activities

(2.2 b)(2.8 b)(2.8 b)(2.1 b)
Quarterly
USDQ1, 2018

Net Income

(87 m)

Accounts Payable

109 m

Cash From Operating Activities

503 m

Cash From Investing Activities

(1.7 b)
USDY, 2018

EV/CFO

13 x

Financial Leverage

42.2 x
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Avis Budget Group Operating Metrics

FY, 2014FY, 2015Nov, 2016FY, 2016May, 2017Aug, 2017

Car Rental Locations

10 k11 k11 k11 k11 k11 k

Locations

2.55 k2.70 k2.75 k

Transactions

35 m38 m33 m39 m34 m34 m

Vehicle Fleet

545 k580 k56 k600 k580 k580 k
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Avis Budget Group News and Updates

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