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Avis Budget Group vs Hertz Global Holdings: CAR and HTZ compared
Avis Budget Group is the larger company: $3.4B of revenue in its latest quarter (Q3 2026) against $2.6B for Hertz Global Holdings (Q3 2026). Hertz Global Holdings is growing faster (+6% against -2% a year earlier). Avis Budget Group is more profitable, with an operating margin of 9.0% against 3.3%.
Where the money goes: CAR and HTZ
Avis Budget Group (CAR) · Q3 2026
Avis Budget Group, Q3 2026: revenue $3.4B (-2% year over year), operating margin 9.0%, net earnings $183M, operating cash flow $1.2B. The chart follows the revenue to costs, profit and cash.
Hertz Global Holdings (HTZ) · Q3 2026
Hertz Global Holdings, Q3 2026: revenue $2.6B (+6% year over year), operating margin 3.3%, net earnings $116M, operating cash flow $599M. The chart follows the revenue to costs, profit and cash.
| Avis Budget Group (CAR) | Hertz Global Holdings (HTZ) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $3.4B | $2.6B |
| Revenue growth, Y/Y | -2% | +6% |
| Operating margin | 9.0% | 3.3% |
| Net earnings | $183M | $116M |
| Net margin | 5.3% | 4.4% |
| Operating cash flow | $1.2B | $599M |
| Free cash flow | — | $572M |
| Market value | $4.2B | $515M |
| Analysts’ mean target | $115.57 | $2.13 |
Where the revenue comes from
Avis Budget Group
- Avis: $2.0B (57%)
- Budget: $1.3B (38%)
- Other: $158M (5%)
Questions
Which is bigger, Avis Budget Group or Hertz Global Holdings?
Avis Budget Group is the larger company: $3.4B of revenue in its latest quarter (Q3 2026) against $2.6B for Hertz Global Holdings (Q3 2026).
Is Avis Budget Group or Hertz Global Holdings growing faster?
Hertz Global Holdings is growing faster (+6% against -2% a year earlier).
Which is more profitable, Avis Budget Group or Hertz Global Holdings?
Avis Budget Group is more profitable, with an operating margin of 9.0% against 3.3%.
More: Avis Budget Group earnings · how Avis Budget Group makes money · Hertz Global Holdings earnings · how Hertz Global Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.