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Avis Budget Group CAR Equity Method Investments

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Other financials

Income statement

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Revenue$3.0B-1.3%
Net income$35.0M+775%
EPS (diluted)$0.98+880%

Balance sheet

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Cash & equivalents$687.0M+13.9%
Total debt$9.3B-0.7%
Total equity-$3.4B-23.4%
Total assets$32.3B-0.1%

Cash flow

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Operating cash flow$632.0M-24.5%

Valuation

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Market cap$4.89B-11.4%
Enterprise value$13.5B-5.5%
P/S0.4×-0.1×

Profitability

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Net margin-5.4%-2.3pp

Returns & leverage

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Return on equity76.3%
Debt / equity73.5×
Current ratio0.8×0.0×

Where this comes from

Reported directly by Avis Budget Group in its filing.

Tagged under the XBRL concept us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures.

The source filing: Avis Budget Group’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 9:39 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000723612-26-000039

Investments. As of June 30, 2026 and December 31, 2025, we had investments with a carrying value of $125 million and $130 million, respectively, recorded within other non-current assets on the Condensed Consolidated Balance Sheets. Aggregate realized gains and losses on equity method investments are recorded within operating expenses on the Condensed Consolidated Statements of Comprehensive Income. For the three months ended June 30, 2026 and 2025, we recorded net gains from our equity method investments of $4 million and $3 million, respectively. For the six months ended June 30, 2026 and 2025, we recorded net gains from our equity method investments of $5 million, in each period. In January 2026, we received an $8 million dividend, and in December 2025, we purchased additional shares for $1 million, relating to our equity method investment in our Greece licensee. See Note 15 – Related Party Transactions for our equity method investment in our former subsidiary, AMV.

Item 1. Financial Statement

FAQ

What is Avis Budget Group's equity method investments?
Avis Budget Group (CAR) reported equity method investments of $125M in Q2 2026.
How has Avis Budget Group's equity method investments changed year-over-year?
Avis Budget Group's equity method investments increased by 7.8% year-over-year, from $116M to $125M.
What is the long-term trend for Avis Budget Group's equity method investments?
Over 5 years (2020 to 2025), Avis Budget Group's equity method investments has grown at a 74.7% compound annual growth rate (CAGR), from $8M to $130M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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