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Avis Budget Group, Inc.

EDGAR

CAR Quarterly report (10-Q) · filed 2026-07-29

Annual consolidated revenue for 2025: about USD 11.65B, using the latest reported figures. The previous period, 2024, was about USD 11.79B.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest quarter

Revenue

3 billion USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 2998000000 USD Source

Net margin

1.17%

2026 Q2 · %

Exact inputs and evidence

Net Income: 35000000 USD Source
Revenue: 2998000000 USD Source

Operating cash flow

632 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: 1066000000 USD Source
Operating Cash Flow: 434000000 USD Source

Cash and cash equivalents: 558 million USD 2026-06-30 Source
Exact value

558000000 USD
Long-term debt including current maturities: 4.01 billion USD 2021-12-31 Source
Exact value

4009000000 USD
Shares outstanding: Not available

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

11.7 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Revenue: 3519000000 USD · 2025-07-01 – 2025-09-30 Source
Revenue: 11652000000 USD · 2025-01-01 – 2025-12-31 Source
Revenue: 8988000000 USD · 2025-01-01 – 2025-09-30 Source
Revenue: 2530000000 USD · 2026-01-01 – 2026-03-31 Source
Revenue: 2998000000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-636 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Net income: 359000000 USD · 2025-07-01 – 2025-09-30 Source
Net income: -889000000 USD · 2025-01-01 – 2025-12-31 Source
Net income: -142000000 USD · 2025-01-01 – 2025-09-30 Source
Net income: -283000000 USD · 2026-01-01 – 2026-03-31 Source
Net income: 35000000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

2.91 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: 2859000000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 1456000000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: 3296000000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 2859000000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 434000000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: 1066000000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: 434000000 USD · 2026-01-01 – 2026-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-07-29.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 10 of 11 periods available· newest 2025-12-31
operating income: No compatible figures in this window
Net income: 7 of 11 periods available· newest 2025-12-31
Operating cash flow: 11 of 11 periods available· newest 2025-12-31
capital expenditure: No compatible figures in this window
Total assets: 10 of 11 periods available· newest 2025-12-31
liabilities: No compatible figures in this window
Current assets: 10 of 11 periods available· newest 2025-12-31
Current liabilities: 10 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 10 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 2 of 11 periods available· newest 2021-12-31
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
-1.2%

Prior period

USD 11.79 billion

2024-01-01 – 2024-12-31
Current period

USD 11.65 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

11652000000 − 11789000000 = -137000000 USD

11789000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
11652000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · Avis Budget Group, Inc. · 2025-12-31 Avis Budget Group, Inc. (edgar:723612) Year-over-year change in Revenue: -137000000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 11652000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#2609114 Filing: 000072361226000012 Input fundies:Revenue: 11789000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#2617031 Filing: 000072361226000012
The citation records this snapshot. The page link may show a newer release later.
Net income
+USD 932 million

Prior period

−USD 1.82 billion

2024-01-01 – 2024-12-31
Current period

−USD 889 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

-889000000 − -1821000000 = 932000000 USD

-1821000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
-889000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · Avis Budget Group, Inc. · 2025-12-31 Avis Budget Group, Inc. (edgar:723612) Year-over-year change in Net income: 932000000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -889000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1559751 Filing: 000072361226000012 Input fundies:NetIncome: -1821000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1560463 Filing: 000072361226000012
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-6.3%

Prior period

USD 3.52 billion

2024-01-01 – 2024-12-31
Current period

USD 3.3 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

3296000000 − 3518000000 = -222000000 USD

3518000000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
3296000000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · Avis Budget Group, Inc. · 2025-12-31 Avis Budget Group, Inc. (edgar:723612) Year-over-year change in Operating cash flow: -222000000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 3296000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1078008 Filing: 000072361226000012 Input fundies:OperatingCashFlow: 3518000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1078579 Filing: 000072361226000012
The citation records this snapshot. The page link may show a newer release later.

Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 11.65 billion 100% of revenue
Operating costs Derived Unavailable An input is unavailable.
Operating income Unavailable An input is unavailable.
Tax, interest and other Derived Unavailable An input is unavailable.
Net income −USD 889 million −7.6% of revenue

Cash

Operating cash flow USD 3.3 billion 28% of revenue
Capital expenditure Unavailable An input is unavailable.
Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2016 Not shown: operating income or net income is not reported.
2017 Not shown: operating income or net income is not reported.
2018 Not shown: operating income or net income is not reported.
2019 Not shown: operating income or net income is not reported.
2020 Not shown: operating income or net income is not reported.
2021 Not shown: operating income or net income is not reported.
2022 Not shown: operating income or net income is not reported.
2023 Not shown: operating income or net income is not reported.
2024 Not shown: operating income or net income is not reported.
2025 Not shown: operating income or net income is not reported.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2016 2016-01-01 – 2016-12-31	8659000000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2016-01-01 – 2016-12-31: 8659000000 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: 2640000000 USD Inspect Operating Cash Flow Open source
2017 2017-01-01 – 2017-12-31	8848000000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2017-01-01 – 2017-12-31: 8848000000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: 2648000000 USD Inspect Operating Cash Flow Open source
2018 2018-01-01 – 2018-12-31	9124000000	Unavailable	Unavailable	Unavailable	Unavailable	Unavailable	Source 2018-01-01 – 2018-12-31: 9124000000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 2609000000 USD Inspect Operating Cash Flow Open source
2019 2019-01-01 – 2019-12-31	9172000000	Unavailable	Unavailable	Unavailable	302000000	Unavailable	Source 2019-01-01 – 2019-12-31: 9172000000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 302000000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 2586000000 USD Inspect Operating Cash Flow Open source
2020 2020-01-01 – 2020-12-31	5402000000	Unavailable	Unavailable	Unavailable	-684000000	Unavailable	Source 2020-01-01 – 2020-12-31: 5402000000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: -684000000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 691000000 USD Inspect Operating Cash Flow Open source
2021 2021-01-01 – 2021-12-31	9313000000	Unavailable	Unavailable	Unavailable	1285000000	Unavailable	Source 2021-01-01 – 2021-12-31: 9313000000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 1285000000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 3491000000 USD Inspect Operating Cash Flow Open source
2022 2022-01-01 – 2022-12-31	11994000000	Unavailable	Unavailable	Unavailable	2764000000	Unavailable	Source 2022-01-01 – 2022-12-31: 11994000000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 2764000000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: 4707000000 USD Inspect Operating Cash Flow Open source
2023 2023-01-01 – 2023-12-31	12008000000	Unavailable	Unavailable	Unavailable	1632000000	Unavailable	Source 2023-01-01 – 2023-12-31: 12008000000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 1632000000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: 3828000000 USD Inspect Operating Cash Flow Open source
2024 2024-01-01 – 2024-12-31	11789000000	Unavailable	Unavailable	Unavailable	-1821000000	Unavailable	Source 2024-01-01 – 2024-12-31: 11789000000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: -1821000000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 3518000000 USD Inspect Operating Cash Flow Open source
2025 2025-01-01 – 2025-12-31	11652000000	Unavailable	Unavailable	Unavailable	-889000000	Unavailable	Source 2025-01-01 – 2025-12-31: 11652000000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: -889000000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 3296000000 USD Inspect Operating Cash Flow Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 11.7B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Revenue	8659000000	Revenue: 8659000000 Open source
20172017-12-31	Revenue	8848000000	Revenue: 8848000000 Open source
20182018-12-31	Revenue	9124000000	Revenue: 9124000000 Open source
20192019-12-31	Revenue	9172000000	Revenue: 9172000000 Open source
20202020-12-31	Revenue	5402000000	Revenue: 5402000000 Open source
20212021-12-31	Revenue	9313000000	Revenue: 9313000000 Open source
20222022-12-31	Revenue	11994000000	Revenue: 11994000000 Open source
20232023-12-31	Revenue	12008000000	Revenue: 12008000000 Open source
20242024-12-31	Revenue	11789000000	Revenue: 11789000000 Open source
20252025-12-31	Revenue	11652000000	Revenue: 11652000000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

-1.2% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Year over year	No prior comparable period	Revenue: 8659000000 Open source
20172017-12-31	Year over year	2.2%	Revenue: 8848000000 Open source Revenue: 8659000000 Open source
20182018-12-31	Year over year	3.1%	Revenue: 9124000000 Open source Revenue: 8848000000 Open source
20192019-12-31	Year over year	0.5%	Revenue: 9172000000 Open source Revenue: 9124000000 Open source
20202020-12-31	Year over year	-41.1%	Revenue: 5402000000 Open source Revenue: 9172000000 Open source
20212021-12-31	Year over year	72.4%	Revenue: 9313000000 Open source Revenue: 5402000000 Open source
20222022-12-31	Year over year	28.8%	Revenue: 11994000000 Open source Revenue: 9313000000 Open source
20232023-12-31	Year over year	0.1%	Revenue: 12008000000 Open source Revenue: 11994000000 Open source
20242024-12-31	Year over year	-1.8%	Revenue: 11789000000 Open source Revenue: 12008000000 Open source
20252025-12-31	Year over year	-1.2%	Revenue: 11652000000 Open source Revenue: 11789000000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin -7.6% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Operating margin	Not reported	Revenue: 8659000000 Open source
2017-12-31	Operating margin	Not reported	Revenue: 8848000000 Open source
2018-12-31	Operating margin	Not reported	Revenue: 9124000000 Open source
2019-12-31	Operating margin	Not reported	Revenue: 9172000000 Open source
2020-12-31	Operating margin	Not reported	Revenue: 5402000000 Open source
2021-12-31	Operating margin	Not reported	Revenue: 9313000000 Open source
2022-12-31	Operating margin	Not reported	Revenue: 11994000000 Open source
2023-12-31	Operating margin	Not reported	Revenue: 12008000000 Open source
2024-12-31	Operating margin	Not reported	Revenue: 11789000000 Open source
2025-12-31	Operating margin	Not reported	Revenue: 11652000000 Open source
2016-12-31	Net margin	Not reported	Revenue: 8659000000 Open source
2017-12-31	Net margin	Not reported	Revenue: 8848000000 Open source
2018-12-31	Net margin	Not reported	Revenue: 9124000000 Open source
20192019-12-31	Net margin	3.3%	Net Income: 302000000 Open source Revenue: 9172000000 Open source
20202020-12-31	Net margin	-12.7%	Net Income: -684000000 Open source Revenue: 5402000000 Open source
20212021-12-31	Net margin	13.8%	Net Income: 1285000000 Open source Revenue: 9313000000 Open source
20222022-12-31	Net margin	23%	Net Income: 2764000000 Open source Revenue: 11994000000 Open source
20232023-12-31	Net margin	13.6%	Net Income: 1632000000 Open source Revenue: 12008000000 Open source
20242024-12-31	Net margin	-15.4%	Net Income: -1821000000 Open source Revenue: 11789000000 Open source
20252025-12-31	Net margin	-7.6%	Net Income: -889000000 Open source Revenue: 11652000000 Open source
20162016-12-31	Free cash flow margin	Not reported	Revenue: 8659000000 Open source Operating Cash Flow: 2640000000 Open source
20172017-12-31	Free cash flow margin	Not reported	Revenue: 8848000000 Open source Operating Cash Flow: 2648000000 Open source
20182018-12-31	Free cash flow margin	Not reported	Revenue: 9124000000 Open source Operating Cash Flow: 2609000000 Open source
20192019-12-31	Free cash flow margin	Not reported	Revenue: 9172000000 Open source Operating Cash Flow: 2586000000 Open source
20202020-12-31	Free cash flow margin	Not reported	Revenue: 5402000000 Open source Operating Cash Flow: 691000000 Open source
20212021-12-31	Free cash flow margin	Not reported	Revenue: 9313000000 Open source Operating Cash Flow: 3491000000 Open source
20222022-12-31	Free cash flow margin	Not reported	Revenue: 11994000000 Open source Operating Cash Flow: 4707000000 Open source
20232023-12-31	Free cash flow margin	Not reported	Revenue: 12008000000 Open source Operating Cash Flow: 3828000000 Open source
20242024-12-31	Free cash flow margin	Not reported	Revenue: 11789000000 Open source Operating Cash Flow: 3518000000 Open source
20252025-12-31	Free cash flow margin	Not reported	Revenue: 11652000000 Open source Operating Cash Flow: 3296000000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 3.3B 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Operating cash flow	2640000000	Operating Cash Flow: 2640000000 Open source
20172017-12-31	Operating cash flow	2648000000	Operating Cash Flow: 2648000000 Open source
20182018-12-31	Operating cash flow	2609000000	Operating Cash Flow: 2609000000 Open source
20192019-12-31	Operating cash flow	2586000000	Operating Cash Flow: 2586000000 Open source
20202020-12-31	Operating cash flow	691000000	Operating Cash Flow: 691000000 Open source
20212021-12-31	Operating cash flow	3491000000	Operating Cash Flow: 3491000000 Open source
20222022-12-31	Operating cash flow	4707000000	Operating Cash Flow: 4707000000 Open source
20232023-12-31	Operating cash flow	3828000000	Operating Cash Flow: 3828000000 Open source
20242024-12-31	Operating cash flow	3518000000	Operating Cash Flow: 3518000000 Open source
20252025-12-31	Operating cash flow	3296000000	Operating Cash Flow: 3296000000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Free cash flow	Unavailable	Operating Cash Flow: 2640000000 Open source
20172017-12-31	Free cash flow	Unavailable	Operating Cash Flow: 2648000000 Open source
20182018-12-31	Free cash flow	Unavailable	Operating Cash Flow: 2609000000 Open source
20192019-12-31	Free cash flow	Unavailable	Operating Cash Flow: 2586000000 Open source
20202020-12-31	Free cash flow	Unavailable	Operating Cash Flow: 691000000 Open source
20212021-12-31	Free cash flow	Unavailable	Operating Cash Flow: 3491000000 Open source
20222022-12-31	Free cash flow	Unavailable	Operating Cash Flow: 4707000000 Open source
20232023-12-31	Free cash flow	Unavailable	Operating Cash Flow: 3828000000 Open source
20242024-12-31	Free cash flow	Unavailable	Operating Cash Flow: 3518000000 Open source
20252025-12-31	Free cash flow	Unavailable	Operating Cash Flow: 3296000000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
2016-12-31	Liabilities / assets	Not reported	Total Assets: 17643000000 Open source
2017-12-31	Liabilities / assets	Not reported	Total Assets: 17699000000 Open source
2018-12-31	Liabilities / assets	Not reported	Total Assets: 19149000000 Open source
2019-12-31	Liabilities / assets	Not reported	Total Assets: 23126000000 Open source
2020-12-31	Liabilities / assets	Not reported	Total Assets: 17538000000 Open source
2021-12-31	Liabilities / assets	Not reported	Total Assets: 22600000000 Open source
2022-12-31	Liabilities / assets	Not reported	Total Assets: 25927000000 Open source
2023-12-31	Liabilities / assets	Not reported	Total Assets: 32569000000 Open source
2024-12-31	Liabilities / assets	Not reported	Total Assets: 29041000000 Open source
2025-12-31	Liabilities / assets	Not reported	Total Assets: 31257000000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

0.72× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Current assets / current liabilities	1.03×	Current Assets: 1817000000 Open source Current Liabilities: 1767000000 Open source
20172017-12-31	Current assets / current liabilities	1.26×	Current Assets: 2066000000 Open source Current Liabilities: 1645000000 Open source
20182018-12-31	Current assets / current liabilities	1.27×	Current Assets: 2174000000 Open source Current Liabilities: 1716000000 Open source
20192019-12-31	Current assets / current liabilities	0.96×	Current Assets: 2145000000 Open source Current Liabilities: 2225000000 Open source
20202020-12-31	Current assets / current liabilities	0.87×	Current Assets: 1795000000 Open source Current Liabilities: 2053000000 Open source
20212021-12-31	Current assets / current liabilities	0.77×	Current Assets: 1847000000 Open source Current Liabilities: 2408000000 Open source
20222022-12-31	Current assets / current liabilities	0.73×	Current Assets: 1886000000 Open source Current Liabilities: 2574000000 Open source
20232023-12-31	Current assets / current liabilities	0.8×	Current Assets: 2139000000 Open source Current Liabilities: 2659000000 Open source
20242024-12-31	Current assets / current liabilities	0.75×	Current Assets: 2034000000 Open source Current Liabilities: 2720000000 Open source
20252025-12-31	Current assets / current liabilities	0.72×	Current Assets: 2093000000 Open source Current Liabilities: 2889000000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2016 2016-01-01 – 2016-12-31	Unavailable Not reported for this period.	USD 2.64 billion Exact value Exact value: 2640000000 USD 2016-01-01 – 2016-12-31: 2640000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2016-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 2640000000 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 2640000000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361219000025/car-20181231.xml#765162 Filing: 000072361219000025 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2017 2017-01-01 – 2017-12-31	Unavailable Not reported for this period.	USD 2.65 billion Exact value Exact value: 2648000000 USD 2017-01-01 – 2017-12-31: 2648000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2017-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 2648000000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 2648000000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361220000011/car-20191231x10k.htm#4905265 Filing: 000072361220000011 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2018 2018-01-01 – 2018-12-31	Unavailable Not reported for this period.	USD 2.61 billion Exact value Exact value: 2609000000 USD 2018-01-01 – 2018-12-31: 2609000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2018-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 2609000000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 2609000000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361221000005/car-20201231.htm#1114258 Filing: 000072361221000005 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2019 2019-01-01 – 2019-12-31	USD 302 million Exact value Exact value: 302000000 USD 2019-01-01 – 2019-12-31: 302000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Avis Budget Group, Inc. · 2019-12-31 Avis Budget Group, Inc. (edgar:723612) Net Income: 302000000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: 302000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361222000006/car-20211231.htm#1854488 Filing: 000072361222000006 The citation records this snapshot. The page link may show a newer release later.	USD 2.59 billion Exact value Exact value: 2586000000 USD 2019-01-01 – 2019-12-31: 2586000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2019-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 2586000000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 2586000000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361222000006/car-20211231.htm#1212131 Filing: 000072361222000006 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2020 2020-01-01 – 2020-12-31	−USD 684 million Exact value Exact value: -684000000 USD 2020-01-01 – 2020-12-31: -684000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Avis Budget Group, Inc. · 2020-12-31 Avis Budget Group, Inc. (edgar:723612) Net Income: -684000000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: -684000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361223000015/car-20221231.htm#1847988 Filing: 000072361223000015 The citation records this snapshot. The page link may show a newer release later.	USD 691 million Exact value Exact value: 691000000 USD 2020-01-01 – 2020-12-31: 691000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2020-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 691000000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 691000000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361223000015/car-20221231.htm#1212726 Filing: 000072361223000015 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2021 2021-01-01 – 2021-12-31	USD 1.29 billion Exact value Exact value: 1285000000 USD 2021-01-01 – 2021-12-31: 1285000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Avis Budget Group, Inc. · 2021-12-31 Avis Budget Group, Inc. (edgar:723612) Net Income: 1285000000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: 1285000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361224000007/car-20231231.htm#1518079 Filing: 000072361224000007 The citation records this snapshot. The page link may show a newer release later.	USD 3.49 billion Exact value Exact value: 3491000000 USD 2021-01-01 – 2021-12-31: 3491000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2021-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 3491000000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 3491000000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361224000007/car-20231231.htm#1074931 Filing: 000072361224000007 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2022 2022-01-01 – 2022-12-31	USD 2.76 billion Exact value Exact value: 2764000000 USD 2022-01-01 – 2022-12-31: 2764000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Avis Budget Group, Inc. · 2022-12-31 Avis Budget Group, Inc. (edgar:723612) Net Income: 2764000000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: 2764000000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361225000005/car-20241231.htm#1560108 Filing: 000072361225000005 The citation records this snapshot. The page link may show a newer release later.	USD 4.71 billion Exact value Exact value: 4707000000 USD 2022-01-01 – 2022-12-31: 4707000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2022-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 4707000000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 4707000000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361225000005/car-20241231.htm#1079630 Filing: 000072361225000005 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2023 2023-01-01 – 2023-12-31	USD 1.63 billion Exact value Exact value: 1632000000 USD 2023-01-01 – 2023-12-31: 1632000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Avis Budget Group, Inc. · 2023-12-31 Avis Budget Group, Inc. (edgar:723612) Net Income: 1632000000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: 1632000000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1561208 Filing: 000072361226000012 The citation records this snapshot. The page link may show a newer release later.	USD 3.83 billion Exact value Exact value: 3828000000 USD 2023-01-01 – 2023-12-31: 3828000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2023-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 3828000000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 3828000000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1079150 Filing: 000072361226000012 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2024 2024-01-01 – 2024-12-31	−USD 1.82 billion Exact value Exact value: -1821000000 USD 2024-01-01 – 2024-12-31: -1821000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Avis Budget Group, Inc. · 2024-12-31 Avis Budget Group, Inc. (edgar:723612) Net Income: -1821000000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: -1821000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1560463 Filing: 000072361226000012 The citation records this snapshot. The page link may show a newer release later.	USD 3.52 billion Exact value Exact value: 3518000000 USD 2024-01-01 – 2024-12-31: 3518000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2024-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 3518000000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 3518000000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1078579 Filing: 000072361226000012 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.
2025 2025-01-01 – 2025-12-31	−USD 889 million Exact value Exact value: -889000000 USD 2025-01-01 – 2025-12-31: -889000000 USD Inspect Net Income Open source Share or cite Citation for Net Income · Avis Budget Group, Inc. · 2025-12-31 Avis Budget Group, Inc. (edgar:723612) Net Income: -889000000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: -889000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1559751 Filing: 000072361226000012 The citation records this snapshot. The page link may show a newer release later.	USD 3.3 billion Exact value Exact value: 3296000000 USD 2025-01-01 – 2025-12-31: 3296000000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · Avis Budget Group, Inc. · 2025-12-31 Avis Budget Group, Inc. (edgar:723612) Operating Cash Flow: 3296000000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T02:30:08Z Snapshot: 5382a68b5edfca86a5ffe668389171b592df7ab233c63dc7c83d139c0186ffa7 Dimensions: Consolidated View: https://fundies.io/companies/edgar/723612/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 3296000000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/723612/000072361226000012/car-20251231.htm#1078008 Filing: 000072361226000012 The citation records this snapshot. The page link may show a newer release later.	Unavailable Not reported for this period.	Unavailable Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

392 filings · 4,951 latest values · 4,951 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0000723612, 723612, CAR, edgar:723612

Also known as AVIS BUDGET GROUP, INC., Avis Budget Group, Inc., CENDANT CORP, CUC INTERNATIONAL INC /DE/

Avis Budget Group, Inc.

Latest quarter

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Net income

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Where revenue goes

2025 2025-01-01 – 2025-12-31

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Cash generation