CAR vs. BRO
CAR (Avis Budget Group, Inc.) and BRO (Brown & Brown, Inc.) are both stocks. CAR operates in Rental & Leasing Services (Industrials), while BRO operates in Insurance Brokers (Financial Services). Over the past 10 years, CAR returned 19.04%/yr vs 13.23%/yr for BRO. At a 0.24 correlation, their price movements are largely independent.
Performance
CAR vs. BRO - Performance Comparison
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Returns By Period
In the year-to-date period, CAR achieves a 37.78% return, which is significantly higher than BRO's -27.63% return. Over the past 10 years, CAR has outperformed BRO with an annualized return of 19.04%, while BRO has yielded a comparatively lower 13.23% annualized return.
CAR
- 1D
- 1.69%
- 1M
- 10.43%
- YTD
- 37.78%
- 6M
- 32.09%
- 1Y
- 57.48%
- 3Y*
- 1.91%
- 5Y*
- 16.83%
- 10Y*
- 19.04%
BRO
- 1D
- 4.06%
- 1M
- 0.07%
- YTD
- -27.63%
- 6M
- -27.57%
- 1Y
- -47.93%
- 3Y*
- -2.73%
- 5Y*
- 2.56%
- 10Y*
- 13.23%
CAR vs. BRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CAR Avis Budget Group, Inc. | 37.78% | 59.19% | -54.52% | 13.81% | -20.95% | 455.95% | 15.69% | 43.42% | -48.77% | 19.63% |
BRO Brown & Brown, Inc. | -27.63% | -21.37% | 44.32% | 25.73% | -18.39% | 49.31% | 21.06% | 44.67% | 8.30% | 16.15% |
Correlation
The correlation between CAR and BRO is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 1992 | 0.24 |
The correlation between CAR and BRO shifts across timeframes, from 0.06 (1 year) to 0.26 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CAR:
-$18.91
BRO:
$4.76
CAR:
0.53
BRO:
2.15
CAR:
$11.75B
BRO:
$6.43B
CAR:
$3.70B
BRO:
$3.82B
CAR:
$3.53B
BRO:
$1.51B
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Return for Risk
CAR vs. BRO — Risk / Return Rank
CAR
BRO
CAR vs. BRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avis Budget Group, Inc. (CAR) and Brown & Brown, Inc. (BRO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CAR | BRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.27 | ||
| Sortino ratioReturn per unit of downside risk | +3.94 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.68 | +0.60 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | -0.95 | +1.68 |
| Martin ratioReturn relative to average drawdown | 1.45 | -1.64 | +3.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CAR | BRO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | -1.70 | +2.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.10 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.56 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | 0.50 | -0.31 |
Drawdowns
CAR vs. BRO - Drawdown Comparison
The maximum CAR drawdown since its inception was -99.28%, which is greater than BRO's maximum drawdown of -55.85%. Use the drawdown chart below to compare losses from any high point for CAR and BRO.
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Drawdown Indicators
| CAR | BRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.28% | -55.85% | -43.43% |
Max Drawdown (1Y)Largest decline over 1 year | -79.59% | -50.55% | -29.04% |
Max Drawdown (3Y)Largest decline over 3 years | -79.59% | -55.85% | -23.74% |
Max Drawdown (5Y)Largest decline over 5 years | -83.65% | -55.85% | -27.80% |
Max Drawdown (10Y)Largest decline over 10 years | -84.55% | -55.85% | -28.70% |
Current DrawdownCurrent decline from peak | -75.24% | -53.41% | -21.83% |
Average DrawdownAverage peak-to-trough decline | -44.51% | -13.51% | -31.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 39.83% | 29.40% | +10.43% |
Volatility
CAR vs. BRO - Volatility Comparison
Avis Budget Group, Inc. (CAR) has a higher volatility of 14.70% compared to Brown & Brown, Inc. (BRO) at 9.57%. This indicates that CAR's price experiences larger fluctuations and is considered to be riskier than BRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAR | BRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.70% | 9.57% | +5.13% |
Volatility (6M)Calculated over the trailing 6-month period | 106.39% | 21.69% | +84.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 100.17% | 28.34% | +71.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.59% | 24.78% | +62.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.71% | 23.67% | +56.04% |
Dividends
CAR vs. BRO - Dividend Comparison
CAR has not paid dividends to shareholders, while BRO's dividend yield for the trailing twelve months is around 1.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRO Brown & Brown, Inc. | 1.12% | 0.77% | 0.53% | 0.67% | 0.74% | 0.54% | 0.73% | 0.82% | 1.11% | 1.08% | 1.12% | 1.41% |
CAR Avis Budget Group, Inc. | 0.00% | 0.00% | 0.00% | 5.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CAR vs. BRO - Financials Comparison
This section allows you to compare key financial metrics between Avis Budget Group, Inc. and Brown & Brown, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CAR vs. BRO - Profitability Comparison
CAR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avis Budget Group, Inc. reported a gross profit of 1.11B and revenue of 2.53B. Therefore, the gross margin over that period was 43.8%.
BRO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported a gross profit of 994.00M and revenue of 1.90B. Therefore, the gross margin over that period was 52.3%.
CAR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avis Budget Group, Inc. reported an operating income of 767.00M and revenue of 2.53B, resulting in an operating margin of 30.3%.
BRO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported an operating income of 0.00 and revenue of 1.90B, resulting in an operating margin of 0.0%.
CAR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avis Budget Group, Inc. reported a net income of -283.00M and revenue of 2.53B, resulting in a net margin of -11.2%.
BRO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Brown & Brown, Inc. reported a net income of 426.00M and revenue of 1.90B, resulting in a net margin of 22.4%.
Frequently Asked Questions
CAR and BRO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAR has higher volatility (14.70%) compared to BRO (9.57%). In terms of maximum drawdown, CAR dropped -99.28% vs BRO's -55.85%.
CAR currently has the higher Sharpe Ratio (0.58 vs -1.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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