Avis Budget Group

Avis Budget Group, Inc. is American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental and Zipcar.

Avis Budget Group, Inc.
Company typePublic
Traded as
  • Nasdaq: CAR
  • DJTA component
  • S&P 400 component
Industry
PredecessorCendant
Founded2006 (2006)
Founders
Headquarters
Parsippany, New Jersey
,
United States
Number of locations
11,000 (2019)
Areas served
Worldwide
Key people
ServicesCar and truck rentals
Revenue US$12.1 billion (2023)
US$2.6 billion (2023)
Net income
US$1.6 billion (2023)
Total assets US$27.4 billion (2023)
Total equity US$349 million (2023)
Number of employees
21,000 (2023)
Subsidiaries
Websiteavisbudgetgroup.com
Footnotes / references

The company also operates several smaller, regional brands including ACL Hire, Apex Car Rentals, AmicoBlu, France Cars, Maggiore Group, MoriniRent, TurisCar and TurisPrime.

It is one of the three big rental car holding companies in the United States. In 2021 it held a 26% market share, placing it behind both the Hertz Global Holdings and Enterprise Holdings.

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