Credit and interest ratesmixed · 5 filings
“These facilities were most recently amended and extended in April 2026.”10-Q · Jul 29, 2026 ↗
Avis Budget Group, Inc.
CAR
Market read
Avis Budget Group, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
Company-4.5% todayVolume comparison unavailable
Market group0 of 1 activeCar Rental · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Dollar amount of foreign exchange impact on International revenues for the six months ended June 30, 2026.
Invalidation: The isolated read changes if CAR's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Dollar amount of foreign exchange impact on International revenues for the six months ended June 30, 2026.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations327
Usable filing statements158
Verified relationships10
Evidence supporting the case
- Net margin changed +7.8 percentage points in the latest annual period.
Evidence challenging the case
- Latest annual revenue changed -1.2% year over year.
- Credit and interest rates has repeated adverse evidence across 5 filings.
- Foreign exchange has repeated adverse evidence across 5 filings.
Questions before a position
- EV/sales is 7699% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
126.736m+25.2%12m-19.7%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$9.3B+72.4%—-6.2%
2022-12-31$12.0B+28.8%—-26.8%
2023-12-31$12.0B+0.1%—-19.8%
2024-12-31$11.8B-1.8%—-8.5%
2025-12-31$11.7B-1.2%—-0.8%
What management says matters
Persistent and emerging business drivers
Foreign exchangemixed · 5 filings
“Adjusted EBITDA decreased during the six months ended June 30, 2026 compared to the similar period in 2025, primarily due to increased operating expenses and selling, general and administrative costs and a $5 million negative impact from currency exchange rat…”10-Q · Jul 29, 2026 ↗
Legal and regulatory exposuremixed · 2 filings
“Operating expenses decreased to 50.5% of revenues for the year ended December 31, 2025, compared to 51.2% during the similar period in 2024, primarily due to a settlement distribution relating to our participation in the In re Automotive Parts Antitrust Litig…”10-K · Feb 19, 2026 ↗
Restructuring and cost reductionsnegative · 2 filings
“Total expenses decreased 13% for the year ended December 31, 2025, compared to the similar period in 2024, primarily due to the long-lived asset impairment and other related charges recorded in 2024.”10-K · Feb 19, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 0.4× · EV/sales 0.9×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
126.73-4.5% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for CAR. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for CAR. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind CAR
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
HTZHertz Global Holdings, Inc.competitorFeb 19, 2026 ▾
“Our vehicle rental operations compete primarily with Enterprise Holdings, Inc., Hertz Global Holdings, Inc., Europcar Mobility Group and Sixt SE.”
PAGPenske Automotive Group, Inc.competitorFeb 19, 2026 ▾
“Our Budget Truck operations in the United States competes with several other local, regional and nationwide truck rental companies including U-Haul International, Inc., Penske Truck Leasing Corporation, Ryder System, Inc., Enterprise Truck Rental, and Hertz G…”
Depended on by
AIOTPowerFleet, Inc.customerJun 26, 2025 ▾
“Some of our global customers that benefit from our combined solutions to power their specific AIoT and machine-to-machine mobility needs include Avis, Walmart, Toyota, and XPO Logistics.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
CAR is currently a Leader in the organic co-movement group Car Rental. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for CAR; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.