About Avis Budget Group
Avis Budget Group is a publicly listed company based in Parsippany Troy Hills (United States) founded in 1946. Car and truck rental services are provided worldwide. The company has 24,000 employees. Avis Budget Group has completed 9 acquisitions, including ACL Hire, Flairview Travel and France Cars. Its website avisbudgetgroup.com draws about 85 thousand monthly visits. Avis Budget Group offers products and services including Avis, Budget, and Zipcar. Its focus areas include Auto, Auto Retail & Aftersales, Financial Services and Finance.
Company details
Provider of car truck rental services. The budget includes both budget car truck rental services. Budget cars are rented on an hourly basis while the budget trucks operate as a one-way rental business. Zipcars are rented for a minimum of an hour or a maximum of 7 days. Claims to work in 180 countries with 11,000 rental locations. In 2022, the company recorded annual revenues of 11.99B and a net profit of 2.76B.
- Headquarters Parsippany Troy Hills, United States
- Employees 24,000
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Jobs and Career · Jobs and Employment
- Email••••••••
- Website avisbudgetgroup.com
- Social LinkedIn X
- Legal Name Avis Budget Group, Inc.
- Annual Revenue$11.65 B (USD)-1.16as on Dec 31, 2025
- Net Profit-$889 M (USD)51.18as on Dec 31, 2025
- EBITDA$5.25 B (USD)-4.68as on Dec 31, 2025
- Latest Funding Round$403.91M (USD), Debt – Conventional
Oct 2018
- Employee Count24,000
- Investments & AcquisitionsACL Hire
& 8 more
Products & Services of Avis Budget Group
Avis Budget Group offers a comprehensive portfolio of products and services, including Avis, Budget, and Zipcar.
Platform for car rental and mobility solutions worldwide
Affordable car rental options for consumers and businesses
On-demand car sharing platform for urban mobility needs
Funding Insights of Avis Budget Group
- Total Rounds 1
- Last Round Debt – Conventional — $403.91M
- First Round $403.91M
(Oct 2018)
All 1 funding rounds of Avis Budget Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $403.91M | Debt – Conventional | – | – | – |
People of Avis Budget Group
440 people are tracked at Avis Budget Group (140 in leadership, 5 in board & advisors, 295 in team); the tracked headcount is 24,000.
| Name | Role | Group |
|---|---|---|
Tracey Zhen | President, Zipcar | Leadership |
Keith Rankin | President, International | Leadership |
Pete McGinnis | West Area Supply Chain Operations Director | Leadership |
Ravi Simhambhatla | Executive Vice President, Chief Digital & Innovation Officer | Leadership |
James Adams | EVP & Chief Commercial Officer International | Leadership |
Susan Rennie | Global Vice President Project Management Office And Governance | Leadership |
Todd August | Director Wholesale Operations | Leadership |
Brian Choi | Executive Vice President, Chief Financial Officer | Leadership |
Smokshane West | Director, AV Fleet Operations | Leadership |
Jean Sera | Senior Vice President & Corporate Secretary | Leadership |
Rebecca Ridley | Head Of Online Travel - International | Leadership |
James Switzer | Director Of Operations Kansas City/omaha/des Moines | Leadership |
Stuart Marlow | Senior Director, Total Rewards, HR Data & Analytics, Global | Leadership |
Robert Bouta | Senior Vice President | Leadership |
Aynsley Toole | Vice President, Head Of Global Product Management | Leadership |
Jeffrey R. Luna | Vp, Head Of Real Estate | Leadership |
Beth Kinerk | Senior Vice President, Sales | Leadership |
Kevin Dees | Director | Leadership |
Joseph Siino | Senior Vice President, Pricing & Contribution Management | Leadership |
Ben Chaddic | Regional Director Fleet Services | Leadership |
420 more people are available in the full profile.
Complete people profiles for Avis Budget Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Avis Budget Group
Avis Budget Group is a publicly listed company on the NASDAQ with ticker symbol CAR in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date05 Feb 1990
- Listed onNASDAQ: CAR
- Listed entityAvis Budget Group, Inc.
- Exchange sectorFinance
- ISINUS0537741052
- Share price$107.60 (+2.38% on the day) · 2026-10-13
- Market capitalisation$3.80B
- EPS (diluted, trailing year)$-18.15
- Volume (last session)338,628
Financials of Avis Budget Group
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $11.65B | -$889.0M | $5.25B |
| 2024 | $11.79B | -$1.82B | $5.51B |
| 2023 | $12.01B | $1.63B | $5.80B |
| 2022 | $11.99B | $2.76B | $6.09B |
| 2021 | $9.31B | $1.28B | $4.57B |
Detailed financial statements for Avis Budget Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Avis Budget Group
Avis Budget Group has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include ACL Hire, Flairview Travel and France Cars.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of car hire services | mcnicollvehiclehire.co.uk | Newbridge, United Kingdom | 2011 | Sep 2023 | •••• | |
Online platform offering car-rental services | turiscar.pt | Sacavem, Portugal | 1989 | Oct 2018 | •••• | |
Operator of buses | aclhire.com | Bathgate, United Kingdom | 1959 | Nov 2017 | •••• | |
Vehicle rental company | francecars.fr | Lillers, France | 1952 | Sep 2016 | •••• | |
Car rental services are provided by Maggiore across Italy. | maggiore.it | Rome, Italy | 1947 | Apr 2015 | $160M | |
Rural development funding and support are provided to communities. | paylesscar.com | St Petersburg, United States | 1971 | Jul 2013 | $50M | |
Hourly vehicle rentals are provided through membership-based car sharing. | zipcar.com | Boston, United States | 2000 | Jan 2013 | $500M | |
Hotels are operated by Needahotel.com in Ireland since 2021. | needahotel.com | Dun Laoghaire, Ireland | 2021 | Feb 2006 | $75M | |
Travel services are offered by Flairview Travel from Sydney. | flairview.com | Sydney, Australia | 2001 | Apr 2004 | •••• |
Complete acquisition details for Avis Budget Group
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Timeline of Avis Budget Group
12 dated milestones of Avis Budget Group across 77 years, from founding to its latest funding, stage changes and deals.
- Founded Avis Budget Group is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Flairview Travel.
- Acquisition Acquires Needahotel.com.
- Acquisition Acquires Zipcar.
- Acquisition Acquires Payless.
- Acquisition Acquires Maggiore.
- Acquisition Acquires France Cars.
- Acquisition Acquires ACL Hire.
- Acquisition Acquires Turiscar.
- Funding First funding round of $403.9M.
- Acquisition Acquires McNicoll Vehicle Hire.
Web traffic of Avis Budget Group
The website of Avis Budget Group (avisbudgetgroup.com) receives about 85K visits a month and ranks #453,579 among all websites worldwide, #6,992 in Jobs and Employment.
- Monthly visits85K
▲ 1.2% vs previous month
- Unique visitors39.4K
per month
- Global rank#453,579
among all websites
- Category rank#6,992
Jobs and Career · Jobs and Employment
- Bounce rate41%
- Pages per visit1.9
- Average visit1 min 04 sec
- DevicesDesktop 27% · Mobile 73%
Websites whose visitors overlap most with Avis Budget Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| avis.com | 100% | 5.6M | #7,890 | View details | |
avisbudgetbenefits.com | avisbudgetbenefits.com | 54% | – | ||
en.wikipedia.org | en.wikipedia.org | 53% | – | ||
| airportrentalcars.com | 50% | #104,227 | View details | ||
avisbudget.greatjob.net | avisbudget.greatjob.net | 45% | – |
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Frequently Asked Questions about Avis Budget Group
Avis Budget Group was founded in 1946 and raised its 1st funding round 72 years after it was founded.
Avis Budget Group is headquartered in Parsippany Troy Hills, United States. It is registered at Parsippany Troy Hills, New Jersey, United States.
Avis Budget Group has 24,000 employees.
Annual revenue of Avis Budget Group is $11.65B as on Dec 31, 2025.
Provider of car truck rental services. The budget includes both budget car truck rental services. Budget cars are rented on an hourly basis while the budget trucks operate as a one-way rental business. Zipcars are rented for a minimum of an hour or a maximum of 7 days. Claims to work in 180 countries with 11,000 rental locations. In 2022, the company recorded annual revenues of 11.99B and a net profit of 2.76B.
Avis Budget Group offers Avis, Budget, and Zipcar.
Yes, Avis Budget Group is publicly traded on NASDAQ under the ticker symbol CAR.
Avis Budget Group has made 9 acquisitions, including ACL Hire, Flairview Travel, and France Cars.