AVIS BUDGET GROUP, INC.
Close on Oct 19, 2026
- Market cap
- $3.61B
- P/E (TTM)
- –
- Dividend yield
- –
About Avis Budget
Services-Auto Rental & Leasing (No Drivers), SIC 7510
Avis Budget Group, Inc. provides global mobility solutions, operating primarily through vehicle rental and car sharing services. Its primary brands include Avis, which offers premium car rental services; Budget, which provides value-oriented vehicle and commercial truck rentals; and Zipcar, a car sharing network. The company also operates value brands such as Payless and Apex, alongside regional brands. Its operations are organized into two reportable segments: Americas and International. Avis Budget Group serves individual leisure travelers, commercial and corporate clients, university communities, and ride-hailing drivers, while also offering fleet support services for autonomous vehicle operations.
The company and its licensees operate across approximately 180 countries through roughly 10,000 rental locations, including about 3,800 licensee-run facilities. In 2025, its global rental fleet averaged approximately 684,000 vehicles, and its Budget Truck rental network encompassed about 800 company- and dealer-operated locations in the continental United States. The provided text does not state the location of the company's headquarters.
Summary of the business section of Avis Budget's latest annual report, written by StockData.
Company profile
Company
- Legal name
- AVIS BUDGET GROUP, INC.
- Founded
- 2006
- Headquarters
- Parsippany, NJ
- Address
- 379 Interpace Parkway 07054
- Phone
- (973) 496-4700
- Website
- avisbudgetgroup.com
- Employees
- 25,000, Dec 31, 2025
- Industry
- Services-Auto Rental & Leasing (No Drivers)
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- DELOITTE & TOUCHE LLP, New York, New York
Stock & identifiers
- Ticker
- CAR
- Exchange
- Nasdaq
- Shares outstanding
- 35M, Jul 22, 2026
- Public float
- $2.83B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 1-for-10 reverse, Sep 5, 2006; 3-for-2, Oct 22, 1996; 3-for-2, Jul 3, 1995; 3-for-2, May 3, 1993; 3-for-2, Jul 6, 1992; 3-for-2, Mar 1, 1991; 3-for-2, Jul 21, 1986; 3-for-2, Mar 19, 1985
- SEC CIK
- 723612
- CUSIP
- 053774105
- ISIN
- US0537741052
- LEI
- 529900E95812SYWMCE44
- EIN
- 06-0918165
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jagdeep Pahwa | Executive Chairman, Director | 8,918 |
| Ravi Simhambhatla | EVP, CDIO - see remarks | 18,810 |
| Daniel Crestian Cunha | EVP and CFO | 665 |
| Christina M. Goldenberg | VP & Chief Accounting Officer | 324 |
| Edward P. Linnen | EVP, Chief HR Officer | 41,428 |
| Cathleen DeGenova | Chief Accounting Officer | 7,633 |
| Jean M. Sera | SVP, GC, CCO & Corp. Sec. | 37,484 |
| Brian J. Choi | Chief Executive Officer | 121,081 |
| Izilda P. Martins | EVP and CFO | 33,743 |
| Joseph A. Ferraro | President and CEO | 286,695 |
| Glenn Lurie | Director | 17,609 |
| Bernardo Hees | Director | 169,188 |
| Anu Hariharan | Director | 5,363 |
| Lynn Krominga | Director | 28,404 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Brian JChoi | $5.92M | $5.25M | $2.70M | $362 | $149 |
| FY2025 Joseph AFerraro | $8.00M | $7.65M | $2.70M | $362 | $149 |
| FY2024 Joseph AFerraro | $6.92M | -$7.14M | $2.02M | $227 | $134 |
| FY2024 Mr.Ferraro | $6.92M | -$7.14M | $2.02M | $227 | $134 |
| FY2023 Joseph AFerraro | $10.27M | $17.02M | $3.54M | $500 | $132 |
| FY2023 Mr.Ferraro | $10.27M | $17.02M | $3.54M | $500 | $132 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed approximately 25,000 people worldwide, of whom approximately 8,000 were employed on a part-time basis.”
Corporate history
Events identified from SEC filings