Avis Budget Group Inc (CAR, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Avis Budget Group Inc provides automotive vehicle rental and car sharing services. It offers various rental services under the Avis, Budget, and Zipcar brands. The firm has its own network of rental locations and licenses its brands to franchisees. Avis Budget Group Inc has a market cap of $2.66 billion; its shares were traded at around $34.45 with a P/E ratio of 7.64 and P/S ratio of 0.31. Avis Budget Group Inc had annual average EBITDA growth of 5.70% over the past ten years.
For the last quarter Avis Budget Group Inc reported a revenue of $2.8 billion, compared with the revenue of $2.8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $9.1 billion, an increase of 3.1% from last year. For the last five years Avis Budget Group Inc had an average revenue growth rate of 2.4% a year.
The reported diluted earnings per share was $2.06 for the year, a decline of 51.5% from the previous year. Over the last five years Avis Budget Group Inc had an EPS growth rate of 51.4% a year. The Avis Budget Group Inc had an operating margin of 9.1%, compared with the operating margin of 8.77% a year before. The 10-year historical median operating margin of Avis Budget Group Inc is 11.28%. The profitability rank of the company is 8 (out of 10).
At the end of the fiscal year, Avis Budget Group Inc has the cash and cash equivalents of $615.0 million, compared with $894.0 million in the previous year. The company had no long term debt, compared with $6.3 billion in the previous year. The interest coverage to the debt is 1.7, which is not a favorable level. Avis Budget Group Inc has a financial strength rank of 4 (out of 10).
At the current stock price of $34.45, Avis Budget Group Inc is traded at close to its historical median P/S valuation band of $37.03. The P/S ratio of the stock is 0.31, while the historical median P/S ratio is 0.33. The stock lost 11.58% during the past 12 months.
For the complete 20-year historical financial data of CAR, click here.
