Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted loss per share (“EPS”) (shares in millions): 

		Three Months Ended March 31,
		2025		2024
Net loss attributable to Avis Budget Group, Inc. for basic and diluted EPS		$	(505)	$	(114)
Basic weighted average shares outstanding		35.2		35.6
Diluted weighted average shares outstanding (a)		35.2		35.6
Loss per share
	Basic	$	(14.35)	$	(3.21)
	Diluted (b)	$	(14.35)	$	(3.21)

__________

(a)For the three months ended March 31, 2025 and 2024, 0.5 million and 0.3 million non-vested stock awards, respectively, have an anti-dilutive effect and therefore are excluded from the computation of diluted weighted average shares outstanding.

(b)Diluted loss per share was computed using the treasury stock method for non-vested stock.