CAR (Avis Budget Group) EBIT: $-158 Mil (TTM As of Mar. 2026)


CAR Avis Budget Group Inc CAR
71 GF Score
Price $176.85
GF Value $131.02
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Avis Budget Group EBIT?

Avis Budget Group CAR -7.15% 71 EBIT is $-158 Mil as of Mar. 2026. GuruFocus rates CAR with a GF Score™ of 71/100 and a GF Value™ of $131.02 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Avis Budget Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-231 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-158 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Avis Budget Group's annualized ROC % for the quarter that ended in Mar. 2026 was -1.67%. Avis Budget Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.21%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Avis Budget Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.47%.


Avis Budget Group  (NAS:CAR) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Avis Budget Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-736 * ( 1 - 31.18% )/( (30649 + 29964)/ 2 )
=-506.5152/30306.5
=-1.67 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Avis Budget Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-924/( ( (22275 + max(-857, 0)) + (21651 + max(-943, 0)) )/ 2 )
=-924/( ( 22275 + 21651 )/ 2 )
=-924/21963
=-4.21 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(878 + 0 + 450) - (1404 + 155 + 626)
=-857

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(832 + 0 + 508) - (1409 + 224 + 650)
=-943

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Avis Budget Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-158/33524.225
=-0.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Avis Budget Group EBIT Related Terms


Avis Budget Group EBIT Historical Data

* Premium members only.

The historical data trend for Avis Budget Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Avis Budget Group EBIT Chart

Avis Budget Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,926.00 3,886.00 2,210.00 -2,269.00 -507.00

Avis Budget Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -580.00 125.00 582.00 -634.00 -231.00

CAR vs GATX, EQPT, WSC: EBIT Comparison

For the Rental & Leasing Services subindustry, Avis Budget Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avis Budget Group EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Avis Budget Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Avis Budget Group's EV-to-EBIT falls into.


CAR
71GF Score
Avis Budget Group Inc CAR
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Avis Budget Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-158 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-158 Mil mean?
Avis Budget Group (CAR) has a EBIT of $-158 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Avis Budget Group.
Is Avis Budget Group's EBIT too high?
Avis Budget Group's current EBIT is $-158 Mil. Overall, Avis Budget Group has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avis Budget Group's EBIT compare to GATX and EQPT?
Avis Budget Group's EBIT of $-158 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Business Services company?
A good EBIT depends on the Business Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Avis Budget Group. Avis Budget Group's current EBIT is $-158 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avis Budget Group stock overvalued right now?
Based on GuruFocus' analysis, Avis Budget Group (CAR) is currently considered Significantly Overvalued. The stock's GF Value™ is $131.02, compared to a current price of $176.85 — trading 35% above its estimated fair value. The current EBIT is $-158 Mil. Avis Budget Group's overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Avis Budget Group (CAR), the current EBIT is $-158 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Avis Budget Group (CAR) Overvalued in 2026?

Based on GuruFocus' analysis, Avis Budget Group stock appears to be overvalued. The current stock price of $176.85 is trading 35% above its estimated GF Value™ of $131.02. GuruFocus considers Avis Budget Group to be Significantly Overvalued.

Key valuation signals for CAR:

  • EBIT: $-158 Mil
  • GF Value™: $131.02 vs. price of $176.85 (35% above fair value)
  • GF Score™: 71/100 with 9 warning signs

No single metric tells the full story. See the CAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Avis Budget Group Business Description

Address 379 Interpace Parkway, Parsippany, NJ, USA, 07054
Avis Budget Group Inc is a provider of mobility solutions through its three brands Avis, Budget and Zipcar, as well as several other brands, well recognized in their respective markets. Its brands offer a range of options, from car and truck rental to car sharing. The company operates in two reportable business segments: Americas - (i) vehicle rental operations in North America, South America, Central America and the Caribbean, (ii) car sharing operations in certain of these markets, and (iii) licensees in the areas in which do not operate directly. International - consisting of (i) vehicle rental operations in Europe, the Middle East, Africa, Asia and Australasia, (ii) car sharing operations in certain of these markets, and (iii) licensees in the areas in which do not operate directly.
71GF Score

Get the complete analysis for CAR

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$176.85
Price
$131.02
GF Value