Avis Budget Group

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.

Company Growth (employees)
Parsippany, US
Size (employees)
30,000 (est)
Avis Budget Group was founded in 1946 and is headquartered in Parsippany, US

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
Show all (1)

Avis Budget Group Financials and Metrics

Avis Budget Group Financials

Avis Budget Group's revenue was reported to be $8.7 b in FY, 2016 which is a 2% increase from the previous period.

Revenue (FY, 2016)

8.7 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

4.3 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

163 m

Market capitalization (23-Feb-2018)

3.8 b

Cash (31-Dec-2016)

490 m


6.6 b
Avis Budget Group's current market capitalization is $3.8 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


7.9 b8.5 b8.5 b8.7 b

Revenue growth, %


Cost of goods sold

4.1 b4.3 b4.3 b4.4 b

Gross profit

3.9 b4.2 b4.2 b4.3 b
USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016


482 m911 m534 m606 m693 m624 m452 m490 m

Current Assets

1.9 b1.8 b1.6 b1.8 b


614 m638 m681 m685 m


691 m842 m973 m1 b
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)
USDY, 2016


2.5 x


288.6 k


14.7 x


0.2 x

Financial Leverage

79.8 x
Show all financial metrics

Avis Budget Group Operating Metrics

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


2.55 k2.7 k2.75 k



Vehicle Fleet

545 k580 k56 k600 k580 k580 k


35 m38 m33 m39 m34 m34 m
Show all operating metrics

Avis Budget Group Market Value History

Avis Budget Group Revenue Breakdown

Avis Budget Group's Web-traffic and Trends

Avis Budget Group Online and Social Media Presence

Avis Budget Group Company Life and Culture

You may also be interested in