Avis Budget Group Inc

Overview

Avis Budget Group Inc (Avis Budget) is a provider of car and truck rental and car sharing services. It offers car rental services to the premium commercial and leisure segments of the travel industry. Avis Budget also operates as a rental car supplier to price-conscious travelers. The company operates through various brands including Avis, Budget, Zipcar, Apex, Maggiore, Morini Rent, Turiscar, ACL Hire, France Cars and Payless. It operates car and truck rental locations across North America, Europe, Australia and New Zealand. Avis Budget offers truck rentals and ancillary products and services to consumers and commercial users in the US. The company also licenses its Avis and Budget brands to licensees in the areas where it does not operate directly. Avis Budget is headquartered in Parsippany, New Jersey, the US.
Key Stats
Address
6 SYLVAN WAY, PARSIPPANY, New Jersey
Headquarters

United States of America

Contact

1 973 4964700

No of Employees

20,000

Industry

Transport and Logistics

Ticker Symbol & Exchange​

CAR [NASD]

Revenue (2020)

$5,402 m

-41.1% (2020 vs 2019)
Net Income (2020)

$-684 m

-326.5% (2020 vs 2019)
Net Profit Margin

-13 %

-484.8% (2020 vs 2019)
Market Cap *

$6,008 m

EPS *

$-9.7

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters Avis Budget Group IncRyder System IncHertz Global Holdings IncEuropcar Mobility Group SA
Key Information
Headquarters United States of America United States of America United States of America France
Headquarter City PARSIPPANY MEDLEY ESTERO PARIS
Headquarter State/Province New Jersey Florida Florida -
No. of Employees 20,000 39,000 24,000 8,482
Entity Type Public Public Public Public

Products & Services

Avis Budget supplies truck and car rental and ancillary services to consumers and businesses. Key services and brands offered by the company include:

Services
  • International Car Rental Services
  • Truck Rental Services
  • Domestic Car Rental Services
  • Etiam Rutrum Elit
Brands
  • Avis
  • Budget
  • Budget Truck
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Veresh Sita Chief Digital and Innovation Officer; Executive Vice President Senior Management 2021 48 Mr. Veresh Sita has been Chief Digital and Innovation Officer and an Executive Vice President of the company March 2021....
Jean Sera Senior Vice President; General Counsel; Chief Compliance Officer; Secretary Senior Management 2020 51 Ms. Jean Sera has been the Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary of the company...
Joseph A. Ferraro Chief Executive Officer; President Senior Management 2020 64 Mr. Joseph A. Ferraro has been the Chief Executive Officer and president of the company since 2020. Previously, he was...
Bernardo Hees Chairman Executive Board 2020 51 Mr. Bernardo Hees has been the Executive Chairman of the company since 2020. He served as Chief Executive Officer of...
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History

Year Event Description
2020 Contracts/Agreements In January, the company and Fiat Chrysler Automobiles entered into an agreement to connect more…
2020 Corporate Awards In January, the company was named to the Forbes list of Canada’s Best Employers 2020.
2019 Contracts/Agreements In March, Avis Budget signed a global partnership agreement to be an exclusive car rental…
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Locations


Avis Budget UK

Address

Avis House, Park Road, Bracknell
United Kingdom

Telephone

44 1344 426644

Website

www.avis.co.uk
Avis Alquile un Coche SA

Address

Edificio C, Avenida de Manoteras, nº 32, Madrid
Spain

Telephone

34 902 248824

Website

www.avis.es
Zipcar, Inc.

Address

35 Thomson Place, Boston
United States of America

Telephone

1 617 3364570

Website

www.zipcar.com
Avis Location de Voitures, SAS

Address

Building Linea, 1 Rue du General Leclerc, Puteaux, Paris
France

Telephone

33 1 70922020

Website

www.avis.fr
Avis Rent A Car System LLC

Address

6 Sylvan Way, Parsippany
United States of America

Telephone

1 973 4963500

Website

www.avis.com
Avis Budget Car Rental, LLC

Address

6 Sylvan Way, Parsippany
United States of America

Telephone

1 973 4964700

Website

www.avisbudgetgroup.com
Avis Belgium

Address

Rue Colonel Bourgstraat 122, Brussels
Belgium

Telephone

32 2 7306211

Website

www.avis.be
Avis Budget Autovermietung AG

Address

Hofwiesenstrasse 36Z, Rumlang
Switzerland

Telephone

41 44 8091818

Website

www.avis.ch

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
30 Apr 2020 Otonomo Technologies Secures USD46 Million in Series C Funding Venture Financing Bessemer Venture Partners; SK Holdings; Avis Budget Group Inc; Alliance Ventures Otonomo
24 Jan 2020 CityMaaS Secures Venture Funding Venture Financing Sente Foundry LLC; Hatcher Plus Pte Ltd; Avis Budget Group Inc CityMaaS Ltd
20 Dec 2018 Helloworld Travel Acquires Business of Show Group Enterprises from Avis Budget Group Asset Transaction Helloworld Travel Limited (Inactive) Avis Budget Group Inc
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20 Sep 2016 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

118

Active Jobs

0

Posted

0

Closed

Job Trends

Latest Jobs

Job title Company Country
Associate Rental Sales (47256) Avis Budget Group Inc United States
Lot Porter (47255) Avis Budget Group Inc United States
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Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
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