Avis Budget Group

Leading global provider of vehicle rental services.

Launch date

1946

Employees

Market cap

Enterprise valuation

AUD45.7b (Public information from Sep 2024)

Parsippany-Troy Hills New Jersey (HQ)

http://www.avisbudgetgroup.com

https://twitter.com/goavisbudget https://www.facebook.com/avisbudgetgroupcareers https://www.linkedin.com/company/avis-budget-group

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	5.4b	9.3b	12.0b	12.7b	12.0b	12.3b	12.6b
% growth	(41 %)	72 %	29 %	6 %	(6 %)	3 %	2 %
EBITDA	(309m)	2.4b	4.1b	5.7b	953m	1.2b	1.2b
% EBITDA margin	(6 %)	26 %	35 %	45 %	8 %	10 %	9 %
Profit	(684m)	1.3b	2.8b	1.6b	282m	543m	359m
% profit margin	(13 %)	14 %	23 %	13 %	2 %	4 %	3 %
EV / revenue	1.1x	1.6x	0.9x	0.8x	0.6x	0.6x	0.6x
EV / EBITDA	-19.8x	6.3x	2.6x	1.9x	7.8x	5.9x	6.1x

Date	Investors	Amount	Round
Jan 2011	N/A	N/A	IPO
Jul 2023*	N/A	€400m	Post IPO Debt
Nov 2023*	N/A	$500m	Post IPO Debt
Feb 2024*	N/A	€400m	Post IPO Debt
Sep 2024*	N/A	$700m	Post IPO Debt
Total Funding		-

Tech stackLearn more about the technologies and tools that this company uses.

ACQUISITION by Expedia Group Sep 2015

ACQUISITION by Urgently Feb 2023

McNicoll Vehicle Hire

ACQUISITION by Avis Budget Group Sep 2023