Avis Budget Group (NASDAQ: CAR) is a vehicle rental company that operates the Avis and Budget car rental brands across airport and off-airport locations. Revenue is generated on a transactional basis: customers pay time-and-mileage or flat daily rates to rent cars, trucks, and vans, with ancillary fees from insurance products, fuel, and GPS and other add-ons. The filing excerpts available do not support specific segment revenue figures, fleet size, or location counts from the fiscal year ended as reported in the 10-K filed 2026-02-19. Avis Budget Group competes in a vehicle rental market alongside Enterprise Holdings and Hertz Global Holdings. The business is capital-intensive by structure, as a large owned and leased fleet is the core operating asset, and the company carries significant vehicle-related debt on its balance sheet.

Revenue model

Transactional rental fees charged per day or per mile, supplemented by ancillary revenue from insurance waivers, fuel service options, and equipment add-ons.

Products and services

Car, truck, and van rentals under the Avis and Budget brands; ancillary products including loss damage waivers, fuel plans, GPS rentals, and roadside assistance.

Customers and end markets

Business and leisure travelers renting at airport and off-airport locations; corporate accounts and individual consumers.

Value-chain role

Direct-to-consumer and corporate vehicle rental operator; fleet owner and manager sourcing vehicles from automakers and remarketing them through secondary channels.

Geographic exposure

Filing excerpts do not support specific geographic revenue breakdown.

Competitors

Enterprise Holdings, Hertz Global Holdings

Source: SEC 10-K, filed 2026-02-19

Industry: Services-Auto Rental & Leasing (No Drivers) Peers: U-Haul Holding Co XPO Inc Hertz Global Holdings Inc J B Hunt Transport Services Inc Knight-Swift Transportation Holdings Inc Landstar System Inc Old Dominion Freight Line Inc Saia Inc Uber Technologies Inc