Earnings Per Share (Tables)

12 Months Ended

Dec. 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 earnings (loss) per share (“EPS”) (shares in millions):

	Year Ended December 31,
	2025		2024		2023
Net income (loss) attributable to Avis Budget Group, Inc. for basic and diluted EPS	$	(889)	$	(1,821)	$	1,632
Basic weighted average shares outstanding	35.2		35.5		38.3
Non-vested stock	—		—		0.5
Diluted weighted average shares outstanding	35.2		35.5		38.8
Earnings (loss) per share
Basic	$	(25.25)	$	(51.23)	$	42.57
Diluted	$	(25.25)	$	(51.23)	$	42.08

Schedule of Outstanding Common Stock Equivalents That Were Anti-Dilutive

The following table summarizes our outstanding common stock equivalents that were anti-dilutive and therefore excluded from the computation of diluted EPS (shares in millions):

	As of December 31,
	2025	2024	2023
Non-vested stock (a)	0.3	0.4	0.1

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(a)The weighted average grant date fair value for anti-dilutive non-vested stock for 2025, 2024 and 2023 was $101.43, $134.69 and $198.92, respectively.