CAR - Avis Budget Group, Inc.
NASDAQ
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Industrials
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Rental & Leasing Services
Parsippany,
United States
Type: Equity
CAR price evolution
CAR
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $555 | $572 | $571 | $548 |
| Short term investments | ||||
| Net receivables | $1343 | $1437 | $1318 | $1154 |
| Inventory | ||||
| Total current assets | $2139 | $2226 | $2233 | $1983 |
| Long term investments | $1296 | $1318 | $1257 | $1090 |
| Property, plant & equipment | $24613 | $24555 | $23796 | $20388 |
| Goodwill & intangible assets | $1769 | $1739 | $1751 | $1735 |
| Total noncurrent assets | $30430 | $30078 | $29162 | $25405 |
| Total investments | $1296 | $1318 | $1257 | $1090 |
| Total assets | $32569 | $32304 | $31395 | $27388 |
| Current liabilities | ||||
| Accounts payable | $2627 | $2733 | $2810 | $2715 |
| Deferred revenue | ||||
| Short long term debt | $32 | $30 | $34 | $34 |
| Total current liabilities | $2659 | $2763 | $2844 | $2749 |
| Long term debt | $25845 | $25567 | $24521 | $21291 |
| Total noncurrent liabilities | $30253 | $29569 | $28676 | $25080 |
| Total debt | $25877 | $25597 | $24555 | $21325 |
| Total liabilities | $32912 | $32332 | $31520 | $27829 |
| Shareholders' equity | ||||
| Retained earnings | $3854 | $3952 | $3326 | $2891 |
| Other shareholder equity | -$96 | -$130 | -$90 | -$111 |
| Total shareholder equity | -$349 | -$33 | -$129 | -$444 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $555 | $570 | $534 | $692 |
| Short term investments | ||||
| Net receivables | $1343 | $810 | $997 | $928 |
| Inventory | ||||
| Total current assets | $2139 | $1886 | $1847 | $1795 |
| Long term investments | $1296 | $1046 | $931 | $739 |
| Property, plant & equipment | $24613 | $18960 | $15771 | $11370 |
| Goodwill & intangible assets | $1769 | $1736 | $1832 | $1911 |
| Total noncurrent assets | $30430 | $24041 | $20753 | $15743 |
| Total investments | $1296 | $1046 | $931 | $739 |
| Total assets | $32569 | $25927 | $22600 | $17538 |
| Current liabilities | ||||
| Accounts payable | $2627 | $466 | $2389 | $2034 |
| Deferred revenue | ||||
| Short long term debt | $32 | $27 | $19 | $19 |
| Total current liabilities | $2659 | $2574 | $2408 | $2053 |
| Long term debt | $25845 | $18453 | $17290 | $13126 |
| Total noncurrent liabilities | $30253 | $24053 | $20401 | $15640 |
| Total debt | $25877 | $20364 | $17309 | $13145 |
| Total liabilities | $32912 | $26630 | $22809 | $17693 |
| Shareholders' equity | ||||
| Retained earnings | $3854 | $2579 | -$185 | -$1470 |
| Other shareholder equity | -$96 | -$101 | -$133 | -$187 |
| Total shareholder equity | -$349 | -$703 | -$220 | -$155 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3564 | $3123 | $2557 | |
| Cost of revenue | $2268 | $2022 | $1705 | |
| Gross Profit | $1296 | $1101 | $852 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $397 | $378 | $324 | |
| Total operating expenses | $458 | $435 | $382 | |
| Operating income | $838 | $666 | $470 | |
| Income from continuing operations | ||||
| EBIT | $836 | $665 | $470 | |
| Income tax expense | $130 | $162 | $85 | |
| Interest expense | $80 | $68 | $73 | |
| Net income | ||||
| Net income | $626 | $435 | $312 | |
| Income (for common shares) | $626 | $435 | $312 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $12008 | $11994 | $9313 | $5402 |
| Cost of revenue | $8150 | $6515 | $5765 | $5008 |
| Gross Profit | $3858 | $5479 | $3548 | $394 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $1408 | $1348 | $1145 | $703 |
| Total operating expenses | $1643 | $1593 | $1486 | $1110 |
| Operating income | $2215 | $3886 | $2062 | -$716 |
| Income from continuing operations | ||||
| EBIT | $2207 | $3894 | $1928 | -$725 |
| Income tax expense | $279 | $880 | $425 | -$272 |
| Interest expense | $296 | $250 | $218 | $231 |
| Net income | ||||
| Net income | $1632 | $2764 | $1285 | -$684 |
| Income (for common shares) | $1632 | $2764 | $1285 | -$684 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $259 | $626 | $435 | $312 |
| Operating activities | ||||
| Depreciation | $832 | $990 | $844 | $784 |
| Business acquisitions & disposals | -$52 | -$43 | -$168 | -$37 |
| Stock-based compensation | $6 | $8 | $8 | $8 |
| Total cash flows from operations | $793 | $1253 | $963 | $819 |
| Investing activities | ||||
| Capital expenditures | -$372 | -$1674 | -$3368 | -$1641 |
| Investments | ||||
| Total cash flows from investing | -$416 | -$1716 | -$3536 | -$1678 |
| Financing activities | ||||
| Dividends paid | -$355 | |||
| Sale and purchase of stock | -$261 | -$490 | -$149 | -$51 |
| Net borrowings | $162 | $1020 | $2790 | $906 |
| Total cash flows from financing | -$472 | $512 | $2625 | $841 |
| Effect of exchange rate | $18 | -$10 | $1 | $5 |
| Change in cash and equivalents | -$77 | $39 | $53 | -$13 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $1632 | $2764 | $1285 | -$684 |
| Operating activities | ||||
| Depreciation | $3450 | $2811 | $2480 | $2561 |
| Business acquisitions & disposals | -$300 | -$137 | -$221 | -$87 |
| Stock-based compensation | $30 | $25 | $30 | $9 |
| Total cash flows from operations | $3828 | $4707 | $3491 | $691 |
| Investing activities | ||||
| Capital expenditures | -$7055 | -$4131 | -$6085 | $3258 |
| Investments | ||||
| Total cash flows from investing | -$7346 | -$4299 | -$6306 | $3177 |
| Financing activities | ||||
| Dividends paid | -$355 | |||
| Sale and purchase of stock | -$951 | -$3329 | -$1460 | -$104 |
| Net borrowings | $4878 | $2963 | $4158 | -$3897 |
| Total cash flows from financing | $3506 | -$360 | $2687 | -$4045 |
| Effect of exchange rate | $14 | -$32 | -$11 | $42 |
| Change in cash and equivalents | $2 | $16 | -$139 | -$135 |
News
Fundamentals
| Market cap | $3.56B |
|---|---|
| Enterprise value | $28.88B |
| Shares outstanding | 35.00M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | N/A |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | -14.06 |
| Book/Share | -7.23 |
| Cash/Share | 15.86 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | -94.30 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 0.80 |
| Quick ratio | 0.80 |