KPIs & Operating Metrics(New)
Growth Metrics

Avis Budget (CAR) Operating Expenses (2009 - 2026)

Avis Budget recorded quarterly Operating Expenses of $1.4 billion in Q1 2026, down 58.23% quarter-over-quarter from $3.4 billion in Q4 2025, and down 54.23% year-over-year from $3.1 billion in Q1 2025.

Avis Budget's Operating Expenses history runs 18 years deep, the most recent figure standing at $1.4 billion for Q1 2026.

  • In Q1 2026, Operating Expenses fell 54.23% year-over-year to $1.4 billion; the TTM figure through Mar 2026 stood at $9.4 billion (down 29.82% YoY), while the FY2025 annual figure was $12.6 billion, down 12.73% from the prior year.
  • Operating Expenses came in at $1.4 billion for Q1 2026 at Avis Budget, down from $3.4 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $5.6 billion in Q4 2024 to a low of -$1.8 billion in Q4 2023.
  • A 5-year average of $2.1 billion and a median of $2.2 billion in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses plunged 180.58% in 2023 and jumped 405.5% in 2024, its largest moves.
  • Avis Budget's Operating Expenses stood at $2.3 billion in 2022, then slumped by 180.58% to -$1.8 billion in 2023, then surged by 405.5% to $5.6 billion in 2024, then plunged by 38.68% to $3.4 billion in 2025, then plunged by 58.23% to $1.4 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $1.4 billion, $3.4 billion, and $1.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn 660.32 Mn
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn 3.01 Bn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn 848.61 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn 410.40 Mn
5 Avis Budget 5.57 Bn 5.16 Bn - 1.42 Bn
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn 234.02 Mn
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn 393.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn 76.20 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn 71.59 Mn
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn 632.66 Mn

Historic Data

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DateValue
Mar 31, 2026 1.42 Bn
Dec 31, 2025 3.40 Bn
Sep 30, 2025 1.51 Bn
Jun 30, 2025 3.02 Bn
Mar 31, 2025 3.11 Bn
Dec 31, 2024 5.55 Bn
Sep 30, 2024 3.15 Bn
Jun 30, 2024 1.53 Bn
Mar 31, 2024 2.69 Bn
Dec 31, 2023 -1.82 Bn
Sep 30, 2023 1.54 Bn
Jun 30, 2023 1.48 Bn
Mar 31, 2023 1.31 Bn
Dec 31, 2022 2.26 Bn
Sep 30, 2022 2.21 Bn
Jun 30, 2022 2.16 Bn
Mar 31, 2022 1.74 Bn
Dec 31, 2021 -1.32 Bn
Sep 30, 2021 2.07 Bn
Jun 30, 2021 1.03 Bn
Mar 31, 2021 1.62 Bn
Dec 31, 2020 -1.55 Bn
Sep 30, 2020 1.48 Bn
Jun 30, 2020 622.00 Mn
Mar 31, 2020 1.06 Bn
Dec 31, 2019 2.15 Bn
Sep 30, 2019 2.43 Bn
Jun 30, 2019 1.17 Bn
Mar 31, 2019 1.07 Bn
Dec 31, 2018 1.08 Bn
Sep 30, 2018 1.29 Bn
Jun 30, 2018 2.29 Bn
Mar 31, 2018 2.10 Bn
Dec 31, 2017 5.22 Bn
Sep 30, 2017 2.39 Bn
Jun 30, 2017 2.23 Bn
Mar 31, 2017 1.05 Bn
Dec 31, 2016 1.92 Bn
Sep 30, 2016 2.31 Bn
Jun 30, 2016 195.00 Mn
Mar 31, 2016 1.97 Bn
Dec 31, 2015 4.84 Bn
Sep 30, 2015 2.27 Bn
Jun 30, 2015 1.09 Bn
Mar 31, 2015 985.00 Mn
Dec 31, 2014 978.00 Mn
Sep 30, 2014 2.24 Bn
Jun 30, 2014 1.11 Bn
Mar 31, 2014 1.00 Bn
Dec 31, 2013 994.00 Mn
Sep 30, 2013 1.14 Bn
Jun 30, 2013 1.01 Bn
Mar 31, 2013 1.75 Bn
Dec 31, 2012 4.18 Bn
Sep 30, 2012 1.04 Bn
Jun 30, 2012 953.00 Mn
Mar 31, 2012 893.00 Mn
Dec 31, 2011 859.00 Mn
Sep 30, 2011 1.49 Bn
Jun 30, 2011 1.32 Bn
Mar 31, 2011 659.00 Mn
Dec 31, 2010 -1.24 Bn
Sep 30, 2010 1.37 Bn
Jun 30, 2010 639.00 Mn
Mar 31, 2010 612.00 Mn
Dec 31, 2009 3.19 Bn
Sep 30, 2009 731.00 Mn
Jun 30, 2009 1.31 Bn