Avis Budget Group

Parsippany Troy Hills, United States Founded: 1946 • Age: 80 yrs
Car and truck rental services are provided worldwide.
Annual revenue $11.8B Latest available
Total funding - 1 rounds
Employees 24000 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Avis Budget Group

Avis Budget Group is a company based in Parsippany Troy Hills (United States) founded in 1946. The company has 24,000 employees as of December 31, 2024. Avis Budget Group has completed 9 acquisitions, including ACL Hire, Flairview Travel and France Cars. Avis Budget Group offers products and services including Avis, Budget, and Zipcar.

  • Headquarter Parsippany Troy Hills, United States
  • Employees 24000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Avis Budget Group, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $11.79 B (USD)
    -1.82
    as on Dec 31, 2024
  • Net Profit
    -$1.82 B (USD)
    -211.58
    as on Dec 31, 2024
  • EBITDA
    $5.51 B (USD)
    -5.07
    as on Dec 31, 2024
  • Latest Funding Round
    $403.91 M (USD), Debt – Conventional

    Oct 04, 2018

  • Investors
    Not available
  • Employee Count
    24000

    as on Dec 31, 2024

  • Investments & Acquisitions
    ACL Hire

    & 8 more

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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.

Exchange: NASDAQ · Ticker: CAR · Sector: Finance · USA

Products & Services of Avis Budget Group

Avis Budget Group offers a comprehensive portfolio of products and services, including Avis, Budget, and Zipcar.

Product name locked
Category locked
Primary

Platform for car rental and mobility solutions worldwide

Product name locked
Category locked
Locked

Affordable car rental options for consumers and businesses

Product name locked
Category locked
Locked

On-demand car sharing platform for urban mobility needs

People of Avis Budget Group

Headcount 10000+
Employee Profiles 435
Board Members and Advisors 5
Employee Profiles
People
Tracey Zhen
President, Zipcar
People
Keith Rankin
President, International
People
Pete McGinnis
West Area Supply Chain Operations Director
People
Viktor Nagy
Airport Manager

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Board Members and Advisors
people
Jagdeep Pahwa
Vice Chairman
people
Karthik Sarma
Director
people
Glenn Lurie
Director
people
Lynn Krominga
Director

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Funding Insights of Avis Budget Group

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.

Investments
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Investment portfolio details for Avis Budget Group

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Hotels are operated by Needahotel.com in Ireland since 2021.
Locked Locked 2021 Locked
Provider of car hire services
Locked Locked 2011 Locked
Travel services are offered by Flairview Travel from Sydney.
Locked Locked 2001 Locked
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Complete acquisition details for Avis Budget Group

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Financial Statements - Avis Budget Group

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Detailed financials for Avis Budget Group

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Avis Budget Group Comparisons

Avis Budget Group Primary company
Description
Car and truck rental services are provided worldwide.
Location
Parsippany Troy Hills, United States
Founded Year
1946
Annual Revenue
$11.79 B (USD)
Net Profit
-$1.82 B (USD)
EBITDA
$5.51 B (USD)
Employees
24,000
As of 2024
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Peer comparison for Avis Budget Group

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Competitors of Avis Budget Group

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Detailed competitors of Avis Budget Group

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Latest news on Avis Budget Group

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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.

As of Dec 31, 2024, the latest employee count at Avis Budget Group is 24,000.

Annual revenue of Avis Budget Group is $11.79B as on Dec 31, 2024.

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.

The ticker symbol of Avis Budget Group is CAR on NASDAQ.

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