Avis Budget Group, Inc.

Avis Budget Group, Inc.verified

CAR

Price:

$102.67

Market Cap:

$3.61B

Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that offers vehicle rental and other mobility solutions to the premium commercial and leisure segments of the travel industry; the Budget Truck brand, a local, and one-way truck and cargo van rental businesses with a fleet of approximately 20,000 vehicles, which are rented through a network of approximately 465 dealer-operated and 385 company-operated locations that serve the consumer and light commercial sectors in the continental United States; and the Zipcar brand, a car sharing network. The compa...[Read more]

Industry

Rental & Leasing Services

IPO Date

1983-09-14

Stock Exchange

NASDAQ

Ticker

CAR

The Current Ratio as of November 2024 (TTM) for Avis Budget Group, Inc. (CAR) is 0.70

According to Avis Budget Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.70. This represents a change of -10.58% compared to the average of 0.78 of the last 4 quarters.

Avis Budget Group, Inc. (CAR) Historical Current Ratio (quarterly & annually)

How has CAR Current Ratio performed in the past?

The mean historical Current Ratio of Avis Budget Group, Inc. over the last ten years is 1.00. The current 0.70 Current Ratio has changed 6.89% with respect to the historical average. Over the past ten years (40 quarters), CAR's Current Ratio was at its highest in in the September 2017 quarter at 1.28. The Current Ratio was at its lowest in in the June 2021 quarter at 0.54.

Quarterly (TTM)
Annual

Average

1.00

Median

1.00

Minimum

0.73

Maximum

1.27

Avis Budget Group, Inc. (CAR) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Avis Budget Group, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 22.14%

Maximum Annual Current Ratio = 1.27

Minimum Annual Increase = -23.91%

Minimum Annual Current Ratio = 0.73

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.809.79%
20220.73-4.47%
20210.77-12.27%
20200.87-9.31%
20190.96-23.91%
20181.270.87%
20171.2622.14%
20161.03-4.50%
20151.08-11.01%
20141.21-2.40%

Avis Budget Group, Inc. (CAR) Average Current Ratio

How has CAR Current Ratio performed in the past?

The current Current Ratio of Avis Budget Group, Inc. (CAR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.77

5-year avg

0.83

10-year avg

1.00

Avis Budget Group, Inc. (CAR) Current Ratio vs. Peers

How is CAR’s Current Ratio compared to its peers?

Avis Budget Group, Inc.’s Current Ratio is less than Hertz Global Holdings, Inc. (3.60), less than Ryder System, Inc. (0.74), less than H&E Equipment Services, Inc. (1.49), less than United Rentals, Inc. (0.82), less than Herc Holdings Inc. (1.22), less than U-Haul Holding Company (2.39), greater than Air Lease Corporation (0.38), less than The Aaron's Company, Inc. (2.95), less than Triton International Limited (1.12), less than GATX Corporation (2.10), less than McGrath RentCorp (1.25), less than Alta Equipment Group Inc. (1.35),

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