Avis Budget Group, Inc.

Day range

$99.58 – $102.70

Open

$100.42

Prev close

$101.55

Volume

80.94K

Market cap

$3.59B

Shares out

35.33M

P/E

—

P/S

0.31

P/B

-1.06

P/FCF

1.35

ROE

18.8%

ROA

-2.0%

Debt/Equity

-3.38

Div yield

0.00%

As of Oct 22, 2026

• Material agreementsOct 6, 2026

  On October 5, 2026, Avis Budget Group, Inc. was paid a settlement amount of $650,000,000 in cash pursuant to the previously reported Settlement and Release Agreement entered into on June 19, 2026 with Pentwater Capital Management LP and certain affiliated persons, to settle the Company's lawsuit against Pentwater for the recovery of short-swing profits under Section 16(b) of the Securities Exchange Act of 1934. The payment of the Settlement Amount was approved by the court and will be recognized in the Company's fourth quarter financial statements.

• Debt activitySep 24, 2026

  On September 21, 2026 (the "Closing Date"), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary ("ABRCF") issued $650 million of asset-backed securities with a maturity of five years comprised of $474.5 million aggregate principal amount of Series 2026-5 5.69%, Class A notes, $61.75 million aggregate principal amount of Series 2026-5 5.95%, Class B notes, $47.125 million aggregate principal amount of Series 2026-5 6.44%, Class C notes and $66.625 million aggregate principal amount of Series 2026-5 8.14%, Class D notes.

• Executive leadershipSep 1, 2026

  On September 1, 2026, Avis Budget Group, Inc. announced that Ravi Simhambhatla, Executive Vice President and Chief Digital & Innovation Officer, will be leaving the Company. Mr. Simhambhatla will remain in his current position until September 30 to ensure a smooth transition.

• Debt activityJul 1, 2026

  On the Closing Date, pursuant to the Eleventh Amendment, the Borrower (i) refinanced the existing $2 billion revolving loan facility under the Sixth A&R Credit Agreement with a new $2 billion revolving loan facility (the '2031 Revolving Facility'), which will mature on June 29, 2031 and (ii) established a new $200 million revolving loan facility (the '2028 Revolving Facility'), which will mature on June 29, 2028.

• Material agreementsJun 22, 2026

  On June 19, 2026, Avis Budget Group, Inc. (the "Company") entered into a Settlement and Release Agreement (the "Settlement Agreement") with Pentwater Capital Management LP and certain affiliated persons ("Pentwater") to settle its pending lawsuit against Pentwater for the recovery of short-swing profits under Section 16(b) of the Securities Exchange Act of 1934. Under the Settlement Agreement, the settlement amount is $650,000,000 in cash (the "Settlement Amount").

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Days to cover

11.0

Short interest

5.25M

Avg volume

477.66K

As of Sep 30, 2026 · reported to FINRA twice monthly.

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