CAR vs. HTZ

Last updated Apr 1, 2026

Compare and contrast key facts about Avis Budget Group, Inc. (CAR) and Hertz Global Holdings Inc (HTZ).

Performance

CAR vs. HTZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avis Budget Group, Inc. (CAR) and Hertz Global Holdings Inc (HTZ). The values are adjusted to include any dividend payments, if applicable.

CAR vs. HTZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CAR Avis Budget Group, Inc.	13.66%	59.19%	-54.52%	13.81%	-20.95%	153.26%
HTZ Hertz Global Holdings Inc	-10.31%	40.44%	-64.77%	-32.49%	-38.42%	-7.41%

Fundamentals

Market Cap CAR : $5.13B HTZ : $1.48B
EPS CAR : -$25.21 HTZ : -$2.25
PS Ratio CAR : 0.44 HTZ : 0.18
Total Revenue (TTM) CAR : $11.65B HTZ : $8.50B
Gross Profit (TTM) CAR : $2.94B HTZ : $987.00M
EBITDA (TTM) CAR : $4.97B HTZ : $2.86B

Returns By Period

In the year-to-date period, CAR achieves a 13.66% return, which is significantly higher than HTZ's -10.31% return.

CAR

• 1D: 7.59%
• 1M: 49.73%
• YTD: 13.66%
• 6M: -9.17%
• 1Y: 92.16%
• 3Y*: -7.63%
• 5Y*: 15.65%
• 10Y*: 19.25%

HTZ

• 1D: 2.90%
• 1M: 1.54%
• YTD: -10.31%
• 6M: -32.21%
• 1Y: 17.01%
• 3Y*: -34.35%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CAR vs. HTZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CAR

CAR Risk / Return Rank: 78
CAR Sharpe Ratio Rank: 85
CAR Sortino Ratio Rank: 81
CAR Omega Ratio Rank: 83
CAR Calmar Ratio Rank: 73
CAR Martin Ratio Rank: 69

HTZ

HTZ Risk / Return Rank: 52
HTZ Sharpe Ratio Rank: 47
HTZ Sortino Ratio Rank: 63
HTZ Omega Ratio Rank: 58
HTZ Calmar Ratio Rank: 46
HTZ Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CAR vs. HTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avis Budget Group, Inc. (CAR) and Hertz Global Holdings Inc (HTZ). 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	HTZ	Difference
Sharpe ratio Return per unit of total volatility	1.50	0.16	+1.35
Sortino ratio Return per unit of downside risk	2.13	1.31	+0.82
Omega ratio Gain probability vs. loss probability	1.31	1.14	+0.17
Calmar ratio Return relative to maximum drawdown	1.65	0.20	+1.45
Martin ratio Return relative to average drawdown	3.20	0.32	+2.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CAR vs. HTZ - Sharpe Ratio Comparison

The current CAR Sharpe Ratio is 1.50, which is higher than the HTZ Sharpe Ratio of 0.16. The chart below compares the historical Sharpe Ratios of CAR and HTZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CAR	HTZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	0.16	+1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.26	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	-0.40	+0.49

Correlation

The correlation between CAR and HTZ is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CAR vs. HTZ - Dividend Comparison

Neither CAR nor HTZ has paid dividends to shareholders.

	TTM	2025	2024	2023
CAR Avis Budget Group, Inc.	0.00%	0.00%	0.00%	5.64%
HTZ Hertz Global Holdings Inc	0.00%	0.00%	0.00%	0.00%

Drawdowns

CAR vs. HTZ - Drawdown Comparison

The maximum CAR drawdown since its inception was -99.90%, which is greater than HTZ's maximum drawdown of -92.38%. Use the drawdown chart below to compare losses from any high point for CAR and HTZ.

Drawdown Indicators

	CAR	HTZ	Difference
Max Drawdown Largest peak-to-trough decline	-99.90%	-92.38%	-7.52%
Max Drawdown (1Y) Largest decline over 1 year	-57.75%	-55.03%	-2.72%
Max Drawdown (5Y) Largest decline over 5 years	-83.65%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-84.55%	—	—
Current Drawdown Current decline from peak	-59.43%	-86.59%	+27.16%
Average Drawdown Average peak-to-trough decline	-60.87%	-64.21%	+3.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.78%	33.77%	-3.99%

Volatility

CAR vs. HTZ - Volatility Comparison

Avis Budget Group, Inc. (CAR) has a higher volatility of 22.06% compared to Hertz Global Holdings Inc (HTZ) at 17.05%. This indicates that CAR's price experiences larger fluctuations and is considered to be riskier than HTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CAR	HTZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.06%	17.05%	+5.01%
Volatility (6M) Calculated over the trailing 6-month period	43.22%	53.61%	-10.39%
Volatility (1Y) Calculated over the trailing 1-year period	61.59%	108.35%	-46.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	79.38%	77.98%	+1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.33%	77.98%	-2.65%

Financials

CAR vs. HTZ - Profitability Comparison

The chart below illustrates the profitability comparison between Avis Budget Group, Inc. and Hertz Global Holdings Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CAR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Avis Budget Group, Inc. reported a gross profit of 513.00M and revenue of 2.66B. Therefore, the gross margin over that period was 19.3%.

HTZ - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Hertz Global Holdings Inc reported a gross profit of 103.00M and revenue of 2.03B. Therefore, the gross margin over that period was 5.1%.

CAR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Avis Budget Group, Inc. reported an operating income of 168.00M and revenue of 2.66B, resulting in an operating margin of 6.3%.

HTZ - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Hertz Global Holdings Inc reported an operating income of -38.00M and revenue of 2.03B, resulting in an operating margin of -1.9%.

CAR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Avis Budget Group, Inc. reported a net income of -747.00M and revenue of 2.66B, resulting in a net margin of -28.0%.

HTZ - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Hertz Global Holdings Inc reported a net income of -194.00M and revenue of 2.03B, resulting in a net margin of -9.6%.