Avis Budget Group CAR Restructuring Reserve
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Where this comes from
Reported directly by Avis Budget Group in its filing.
Tagged under the XBRL concept us-gaap:RestructuringReserve.
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 restructuring reserve?
- Avis Budget Group (CAR) reported restructuring reserve of $33M in Q1 2026.
- How has Avis Budget Group's restructuring reserve changed year-over-year?
- Avis Budget Group's restructuring reserve increased by 50.0% year-over-year, from $22M to $33M.
- What is the long-term trend for Avis Budget Group's restructuring reserve?
- Over 5 years (2020 to 2025), Avis Budget Group's restructuring reserve has grown at a 41.5% compound annual growth rate (CAGR), from $9M to $51M.
- What does restructuring reserve mean?
- This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.