Avis Budget Group CAR Depreciation
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Where this comes from
Reported directly by Avis Budget Group in its filing.
Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSoldDepreciation.
The official record: Avis Budget Group’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Avis Budget Group's depreciation?
- Avis Budget Group (CAR) reported depreciation of $664M in Q1 2026.
- How has Avis Budget Group's depreciation changed year-over-year?
- Avis Budget Group's depreciation decreased by 37.1% year-over-year, from $1.06B to $664M.
- What is the long-term trend for Avis Budget Group's depreciation?
- Over 4 years (2021 to 2025), Avis Budget Group's depreciation has grown at a 26.0% compound annual growth rate (CAGR), from $1.2B to $3.02B.
- What does depreciation mean?
- This metric represents the systematic allocation of the cost of tangible assets over their useful lives, specifically related to the primary revenue-generating fleet. It reflects the decline in value of rental vehicles due to wear, tear, and market conditions. Monitoring this expense is critical for understanding the capital intensity and fleet management efficiency of a rental business.