NASDAQ$CAR

Avis Budget Group Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Avis Budget Group reported Q1 2025 revenue of $2.4B with a net loss of $505M and diluted EPS of $(14.35).

Total revenue was $2.4 billion, down 5% year over year, as Americas rental days and pricing normalized after prior-year strength. The company posted a net loss of $505 million, or $14.35 per diluted share, reflecting fleet costs, depreciation, and interest expense in a softer travel-demand environment.

  • Q1 revenue $2.4B (-5% YoY).
  • Net loss $505M; diluted EPS $(14.35).
  • Americas and international rental volumes under pressure.
  • Fleet utilization and per-unit fleet costs remain key variables.

Headline financials

Total Revenue

$2.43B

Previous: $2.55B-4.7%
EPS (adj)

-$14.35

Previous: -$3.21-347.0%
Total vehicle utilization

69.4%

Previous: 65.9%+5.3%
Americas utilization

69.6%

Previous: 65.6%+6.1%
International utilization

69.0%

Previous: 66.9%+3.1%
Total per-unit fleet costs

$351.00

Previous: $318.00+10.4%
Americas per-unit fleet costs

$378.00

Previous: $326.00+16.0%
International per-unit fleet costs

$273.00

Previous: $292.00-6.5%
Total revenue per day

$61.59

Previous: $63.69-3.3%
Americas revenue per day

$64.78

Previous: $67.12-3.5%
International revenue per day

$52.23

Previous: $53.86-3.0%
Capital Expenditures

-$682M

Previous: -$1.47B+53.4%
Net Income

-$505M

Previous: -$114M-343.0%
Operating Income

-$677M

Previous: $245M-376.3%
Gross Profit

-$21M

Previous: $1.21B-101.7%

Revenue & EPS history

Avis · Revenue · Quarterly

$2.43B

Q1 2025-4.7%vs Q1 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Avis · $3.56B total across 2 segments · Q3 2023

  • Americas
    $2.74B+1.2%
  • International
    $828M-1.9%

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.8%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+1.0%

Avg return

30 days after

43%

28 / 65 earnings

Positive

+106.1%

Q3 2021

Best reaction

-25.8%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.1%-11.6%-3.1%
Q4 2025-21.7%-23.8%-19.0%
Q3 2025-6.1%-12.3%-13.7%
Q1 2025+0.6%+5.8%+22.4%
Q4 2024-6.8%+1.2%-30.9%
Q3 2024+7.1%+3.0%+26.9%
Q2 2024+2.2%+3.0%-11.7%
Q1 2024+19.2%+27.3%+19.2%
Q4 2023-23.1%-33.5%-33.0%
Q3 2023+14.9%+23.1%+20.2%
Q2 2023+1.9%+1.3%-1.1%
Q1 2023-2.8%-5.2%-5.0%
Q4 2022+13.6%+12.1%-12.9%
Q3 2022-9.4%-4.7%-8.1%
Q2 2022-5.2%+1.1%-8.0%
Q1 2022+6.6%-4.4%-30.0%
Q4 2021-5.5%-11.5%+55.3%
Q3 2021+106.1%+71.6%+46.1%
Q2 2021-12.8%-2.7%+10.5%
Q1 2021-7.0%-8.2%-3.3%
Q4 2020-4.2%+9.0%+50.6%
Q3 2020-4.2%-13.1%+5.3%
Q2 2020-4.1%-9.5%+19.3%
Q1 2020-0.1%+6.0%+95.7%
Q4 2019+21.8%+6.8%-73.4%
Q3 2019-8.0%-1.1%-1.4%
Q2 2019-3.0%-9.6%-29.8%
Q1 2019+1.6%+3.3%-20.2%
Q4 2018+16.5%+19.3%+12.3%
Q3 2018-2.1%+6.8%-7.7%
Q2 2018-8.2%-5.8%-12.4%
Q1 2018-9.6%-7.2%-19.8%
Q4 2017+10.7%+15.9%+15.2%
Q3 2017-14.2%-18.3%-3.6%
Q2 2017-6.6%+8.0%+11.7%
Q1 2017-5.5%-13.0%-27.3%
Q4 2016-6.9%-12.1%-14.9%
Q3 2016+12.3%+20.0%+18.4%
Q2 2016+2.5%+6.6%+0.2%
Q1 2016+1.5%
Q4 2015-25.8%
Q3 2015-7.2%
Q2 2015+3.8%
Q1 2015-2.9%
Q4 2014+2.9%
Q3 2014-1.5%
Q2 2014+4.6%
Q1 2014-3.9%
Q4 2013+12.1%
Q3 2013+8.0%
Q2 2013-6.7%
Q1 2013-0.2%
Q4 2012+4.6%
Q3 2012-0.4%
Q2 2012+7.7%
Q1 2012+3.9%
Q2 2011+1.0%
Q4 2011+1.0%
Q3 2011-5.8%
Q4 2010-5.3%
Q1 2010+1.2%
Q1 2011-1.5%
Q3 2010+5.2%
Q2 2010-0.5%
Q4 2009-0.5%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro