Avis Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Avis Budget Group
CAR Stock  USD 102.67  1.03  1.01%   
Avis Budget financial statements provide useful quarterly and yearly information to potential Avis Budget Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Avis Budget financial statements helps investors assess Avis Budget's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Avis Budget's valuation are summarized below:
Gross Profit
6 B
Profit Margin
0.0334
Market Capitalization
3.6 B
Enterprise Value Revenue
2.5331
Revenue
11.8 B
There are over one hundred nineteen available fundamental signals for Avis Budget Group, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to validate Avis Budget's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 11/25/2024, Market Cap is likely to grow to about 3.6 B. Also, Enterprise Value is likely to grow to about 21.5 B

Avis Budget Total Revenue

7.01 Billion

Check Avis Budget financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Avis Budget's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 B, Interest Expense of 359.9 M or Selling General Administrative of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0571 or Days Sales Outstanding of 56.84. Avis financial statements analysis is a perfect complement when working with Avis Budget Valuation or Volatility modules.
  
Check out the analysis of Avis Budget Correlation against competitors.

Avis Budget Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets34.2 B32.6 B19.3 B
Slightly volatile
Short and Long Term Debt Total27.8 B26.5 B14.4 B
Slightly volatile
Other Current Liabilities1.1 B1.1 B945.2 M
Slightly volatile
Total Current Liabilities2.1 B2.7 B1.8 B
Slightly volatile
Property Plant And Equipment Net25.1 B23.9 B12.6 B
Slightly volatile
Cash525.9 M555 M547.6 M
Slightly volatile
Non Current Assets Total32.8 B31.3 B17.6 B
Slightly volatile
Non Currrent Assets Other3.8 B3.1 B1.6 B
Slightly volatile
Cash And Short Term Investments525.9 M555 M547.6 M
Slightly volatile
Net Receivables834.3 M1.1 B835.6 M
Slightly volatile
Common Stock Shares Outstanding77.3 M38.8 M80.2 M
Slightly volatile
Liabilities And Stockholders Equity34.2 B32.6 B19.3 B
Slightly volatile
Non Current Liabilities Total32.7 B31.1 B17.4 B
Slightly volatile
Other Current Assets335.5 M492 M207.2 M
Slightly volatile
Total Liabilities34.6 B32.9 B19.1 B
Slightly volatile
Property Plant And Equipment Gross29.5 B28.1 B13.7 B
Slightly volatile
Total Current Assets2 B2.1 B1.8 B
Slightly volatile
Short Term Debt638.4 M608 M262.7 M
Slightly volatile
Intangible Assets636.5 M670 M735.5 M
Pretty Stable
Accounts Payable783.8 M487 M380.1 M
Slightly volatile
Common Stock Total Equity855 K900 K1.5 M
Slightly volatile
Common Stock855 K900 K1.5 M
Slightly volatile
Other Liabilities473.7 M498.6 M1.1 B
Slightly volatile
Long Term Debt24.9 B23.7 B6.5 B
Slightly volatile
Good Will1 B1.1 B1.1 B
Very volatile
Inventory301.9 M226.8 M295.6 M
Slightly volatile
Property Plant Equipment507.9 M534.6 M665 M
Slightly volatile
Current Deferred Revenue311.3 M168 M271.4 M
Slightly volatile
Long Term Debt Total3.8 B5.3 B3.6 B
Slightly volatile
Capital Surpluse5.8 B6 B7.1 B
Slightly volatile
Deferred Long Term Liabilities2.2 B3.2 B2.1 B
Slightly volatile
Long Term Investments847.4 M1.3 B775.5 M
Slightly volatile
Non Current Liabilities Other892.9 M990 M817.1 M
Pretty Stable
Deferred Long Term Asset Charges1.3 B1.9 B1.3 B
Slightly volatile
Short and Long Term Debt39.8 M32 M43.3 M
Very volatile
Capital Stock800 K900 K980 K
Slightly volatile
Capital Lease Obligations2 B2.7 B2.6 B
Slightly volatile

Avis Budget Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization3.6 B3.5 B1.2 B
Slightly volatile
Interest Expense359.9 M296 M215.3 M
Slightly volatile
Selling General Administrative1.2 B1.3 B1 B
Slightly volatile
Total Revenue7 B12 B8 B
Slightly volatile
Gross Profit4.7 B6.3 B5.9 B
Slightly volatile
Other Operating Expenses6.1 B8.8 B7 B
Slightly volatile
EBITDA6.8 B6.4 B2.4 B
Slightly volatile
Cost Of Revenue6 B5.7 B2.4 B
Slightly volatile
Total Operating Expenses1.5 B1.6 B4.6 B
Very volatile
Extraordinary Items267.6 M244.9 M206.3 M
Slightly volatile
Selling And Marketing Expenses81.7 M86 M170.7 M
Slightly volatile
Interest Income533.1 M604.9 M498.3 M
Slightly volatile
Reconciled Depreciation3.6 B3.4 B2.2 B
Very volatile

Avis Budget Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow586.9 M572 M644.3 M
Slightly volatile
Depreciation1.8 B3.5 B2.1 B
Slightly volatile
Capital Expenditures16.2 B15.5 B4.8 B
Slightly volatile
Total Cash From Operating Activities2.1 B3.8 B2.4 B
Slightly volatile
End Period Cash Flow609.9 M559 M609.9 M
Slightly volatile
Cash Flows Other Operating2.2 B1.2 B1.9 B
Very volatile
Change To Operating Activities245.8 M226.6 M199.4 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.340.56540.4901
Slightly volatile
Dividend Yield0.05710.06010.2099
Slightly volatile
Days Sales Outstanding56.8433.192941.7571
Very volatile
Operating Cash Flow Per Share10599.947841.433
Slightly volatile
Stock Based Compensation To Revenue0.00290.00250.0026
Very volatile
Capex To Depreciation4.74.48061.9795
Pretty Stable
EV To Sales2.862.72212.0879
Slightly volatile
Inventory Turnover10.05.618.0876
Slightly volatile
Days Of Inventory On Hand36.5867.351.4808
Slightly volatile
Payables Turnover12.2411.6536.1458
Slightly volatile
Sales General And Administrative To Revenue0.10.11010.1332
Slightly volatile
Capex To Revenue1.351.28730.53
Slightly volatile
Cash Per Share15.2214.49098.6881
Slightly volatile
POCF Ratio2.761.77351.7942
Slightly volatile
Payout Ratio0.240.251.0338
Slightly volatile
Capex To Operating Cash Flow2.254.03811.7894
Pretty Stable
Days Payables Outstanding32.8931.322587.085
Slightly volatile
EV To Operating Cash Flow5.988.53897.3934
Slightly volatile
Intangibles To Total Assets0.05160.05430.1051
Slightly volatile
Net Debt To EBITDA4.574.02587.7385
Slightly volatile
Current Ratio0.760.80441.0289
Slightly volatile
Receivables Turnover7.1910.99639.2823
Very volatile
Graham Number98.1493.468541.527
Slightly volatile
Capex Per Share42440489.4121
Slightly volatile
Revenue Per Share329314131
Slightly volatile
Interest Debt Per Share77.06134151
Slightly volatile
Debt To Assets0.140.14810.581
Slightly volatile
Enterprise Value Over EBITDA5.975.081210.0361
Slightly volatile
Short Term Coverage Ratios12612086.391
Slightly volatile
Operating Cycle62.5133.192980.9158
Slightly volatile
Days Of Payables Outstanding32.8931.322587.085
Slightly volatile
Dividend Payout Ratio0.240.251.0338
Slightly volatile
Price To Operating Cash Flows Ratio2.761.77351.7942
Slightly volatile
Ebt Per Ebit0.630.59980.6095
Slightly volatile
Long Term Debt To Capitalization0.661.07860.9326
Pretty Stable
Total Debt To Capitalization0.611.0780.9293
Pretty Stable
Quick Ratio1.520.80440.9624
Pretty Stable
Dividend Paid And Capex Coverage Ratio0.230.24211.1933
Slightly volatile
Cash Ratio0.20.20870.329
Slightly volatile
Operating Cash Flow Sales Ratio0.190.31880.2904
Pretty Stable
Days Of Inventory Outstanding36.5867.351.4808
Slightly volatile
Days Of Sales Outstanding56.8433.192941.7571
Very volatile
Cash Flow Coverage Ratios1.350.79370.3234
Slightly volatile
Fixed Asset Turnover0.480.50290.8579
Slightly volatile
Capital Expenditure Coverage Ratio0.240.24761.1943
Slightly volatile
Price Cash Flow Ratio2.761.77351.7942
Slightly volatile
Enterprise Value Multiple5.975.081210.0361
Slightly volatile
Debt Ratio0.140.14810.581
Slightly volatile
Cash Flow To Debt Ratio1.350.79370.3234
Slightly volatile
Price Sales Ratio0.340.56540.4901
Slightly volatile
Asset Turnover0.350.36870.4297
Pretty Stable
Gross Profit Margin0.880.52740.7413
Pretty Stable

Avis Budget Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap3.6 B3.5 B3.6 B
Slightly volatile
Enterprise Value21.5 B20.4 B21.2 B
Slightly volatile

Avis Fundamental Market Drivers

Forward Price Earnings3.3887
Cash And Short Term Investments555 M

Avis Upcoming Events

12th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
12th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Avis Budget Financial Statements

Avis Budget shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Avis Budget investors may analyze each financial statement separately, they are all interrelated. The changes in Avis Budget's assets and liabilities, for example, are also reflected in the revenues and expenses on on Avis Budget's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue168 M311.3 M
Total Revenue12 B7 B
Cost Of Revenue5.7 B6 B
Sales General And Administrative To Revenue 0.11  0.10 
Capex To Revenue 1.29  1.35 
Revenue Per Share 313.52  329.20 
Ebit Per Revenue 0.27  0.15 

Pair Trading with Avis Budget

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avis Budget position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avis Budget will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avis Stock

  0.87R Ryder SystemPairCorr
  0.87AL Air LeasePairCorr
  0.63WLFC Willis Lease FinancePairCorr

Moving against Avis Stock

  0.61YAYO Yayyo IncPairCorr
  0.51MWG Multi Ways HoldingsPairCorr
  0.48ZCAR Zoomcar Holdings Symbol ChangePairCorr
  0.41TRTN-PD Triton InternationalPairCorr
The ability to find closely correlated positions to Avis Budget could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avis Budget when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avis Budget - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avis Budget Group to buy it.
The correlation of Avis Budget is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avis Budget moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avis Budget Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avis Budget can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Avis Stock Analysis

When running Avis Budget's price analysis, check to measure Avis Budget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY