• #345 Fortune 1000 Revenue Rank

Avis Budget Group, Inc.

Avis
6 Sylvan Way Ste 1
Parsippany, NJ, 07054-3826  United States
(973) 496-4700
Company Type: Corporation Parent

Avis Budget Group (ABG) has a car rental brand for you. The company's core brands include: Avis Rent A Car, which targets corporate and leisure travelers at the high end of the market; Budget Rent A Car and Payless Car Rental, both marketed to those on a budget; and Zipcar, a car-sharing service. The company and their licensees operate their brands in approximately 180 countries in North America, Europe, Australia, and New Zealand. Their rental fleet totaled approximately 660,000 vehicles in 2019 and they completed more than 41 million vehicle rental transactions worldwide. Their brands and mobility solutions have an extended global reach with more than 11,000 rental locations, including approximately 4,300 locations operated by their licensees. The company generates nearly 70% of its revenue from its on-airport locations. Avis's Budget Truck is one of the leading truck rental businesses in the US.

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Financial Statements

Financial data as of December 31, 2019 (12 month period) in USD

Annual Revenue 2019
$9.17 billion USD

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Company Snapshot

Essential information for a successful call

  •  EMPLOYEES (All Sites) 30,000
  • ASSETS (MIL USD) 23,126
  •  REVENUE (MIL USD) 9,172
  • TICKER SYMBOL CAR
  • Incorporated 1974
  • FISCAL YEAR END DEC
  • SALES GROWTH % 0.53%
  • NET INCOME GROWTH 83.03%

Get in Touch with 7 Principals* and 1,090 Contacts

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  • Joe Ferraro
    Chief Executive Officer
  • BERNARDO HEES
    Chairman of the Board
  • JOHN F NORTH III
    Executive Vice President and Chief Financial Officer
  • MICHAEL K TUCKER
    Executive Vice President and General Counsel and Officer
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Avis Budget Group, Inc.*

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