Avis Budget Group, Inc. (CAR) quarterly cash flow statement — complete operating, investing & financing history
Avis Budget Group, Inc. (CAR) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 1.19B | 632M | 434M | 437M | 1.4B | 837M | 619M | 772M | 1.27B | 884M | 589M | 793M | 1.25B | 963M | 819M | 845M | 1.49B | 1.22B | 1.15B | 943M |
| Operating CF Margin % | 34.72% | 21.08% | 17.15% | 16.4% | 39.87% | 27.54% | 25.47% | 28.49% | 36.58% | 29% | 23.09% | 28.69% | 35.16% | 30.84% | 32.03% | 30.49% | 42.04% | 37.7% | 47.2% | 36.71% |
| Operating CF Growth % | -14.97% | -24.49% | -29.89% | -43.39% | 10.21% | -5.32% | 5.09% | -2.65% | 1.6% | -8.2% | -28.08% | -6.15% | -15.96% | -21.26% | -28.66% | -10.39% | 15.31% | 33.08% | 241.67% | 1498.31% |
| Net Income | 199M | 63M | -234M | -856M | 360M | 4M | -504M | -1.96B | 237M | 14M | -114M | 259M | 627M | 436M | 312M | 424M | 1.03B | 774M | 527M | 381M |
| Depreciation & Amortization | 735M | 957M | 1.02B | 960M | 1.01B | 988M | 1.01B | 1.06B | 1.08B | 944M | 925M | 832M | 990M | 844M | 784M | 774M | 737M | 667M | 633M | 738M |
| Stock-Based Compensation | 4M | 6M | 1M | 3M | 4M | 6M | 6M | 5M | 1M | 6M | 7M | 6M | 8M | 8M | 8M | 6M | 7M | 6M | 6M | 5M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 191M | -144M | -205M | 0 | 682M | 0 | 0 | 0 | 378M |
| Other Non-Cash Items | 347M | 13M | 37M | 621M | 105M | 39M | 417M | 1.81B | 166M | 53M | 52M | -40M | 104M | 106M | -217M | -66M | -253M | -202M | -293M | -342M |
| Working Capital Changes | -92M | -407M | -387M | -291M | -76M | -200M | -311M | -149M | -210M | -133M | -281M | -455M | -332M | -226M | -68M | -975M | -31M | -22M | 275M | -217M |
| Change in Receivables | -8M | -159M | -74M | 192M | 144M | -96M | 40M | 75M | 32M | -86M | -8M | 41M | -32M | -86M | 100M | 97M | -55M | -148M | 9M | -143M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 143M |
| Change in Payables | 62M | 26M | -5M | -182M | 57M | 140M | 95M | 6M | -23M | 34M | 46M | -100M | -80M | 26M | 82M | -198M | -19M | 131M | 303M | -21M |
| Cash from Investing | -268M | -2.04B | 428M | -510M | -698M | -3.24B | -715M | -57M | -141M | -1.04B | -1.52B | -416M | -1.72B | -3.54B | -1.68B | -723M | 294M | -2.71B | -1.17B | -1.38B |
| Capital Expenditures | -2.3B | -4.35B | -3.52B | -3.55B | -2.88B | -5.02B | -3.82B | -1.77B | -1.29B | -2.86B | -4.13B | -2.67B | -3.8B | -3.37B | -3.92B | -673M | 293M | -2.6B | -1.15B | -2.06B |
| CapEx % of Revenue | 67.03% | 145.06% | 139.25% | 133.33% | 81.9% | 165.22% | 157.16% | 65.46% | 37.21% | 93.8% | 162.05% | 96.56% | 106.71% | 107.84% | 153.46% | 24.29% | 8.26% | 80.24% | 47.2% | 80.34% |
| Acquisitions | -10M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.29B | 2.13B | 1.69B | -3M | -2B | -2.01B | -978M | -1.62B | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 2B | 2.35B | 3.78B | 3.19B | 2.22B | 1.9B | 3.09B | 1.74B | 1.24B | 1.82B | 2.61B | 6M | -18M | -1.72B | 2.28B | 2B | 1.96B | 979M | 1.64B | 738M |
| Cash from Financing | -960M | 1.45B | -822M | 51M | -664M | 2.37B | 98M | -738M | -1.08B | 139M | 897M | -472M | 512M | 2.63B | 841M | -222M | -1.72B | 1.55B | 30M | 109M |
| Debt Issued (Net) | -947M | 1.47B | -799M | -110M | -663M | 2.4B | 105M | -691M | -1.06B | 149M | 959M | 162M | 1.02B | 2.79B | 906M | 537M | -924M | 2.01B | 1.34B | 586M |
| Equity Issued (Net) | -2M | 0 | -7M | -3M | -1M | 0 | -3M | -45M | -9M | -1M | -15M | -261M | -490M | -149M | -51M | -755M | -826M | -449M | -1.3B | -463M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -355M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -2M | 0 | -7M | -3M | -1M | 0 | -3M | -45M | -9M | -1M | -15M | -261M | -490M | -149M | -51M | -755M | -826M | -449M | -1.3B | -463M |
| Other Financing | -11M | -21M | -16M | 164M | 0 | -23M | -4M | -2M | -14M | -9M | -47M | -18M | -18M | -16M | -14M | -4M | 30M | -12M | -8M | -14M |
| Net Change in Cash | -40M | 36M | 33M | -21M | 36M | -4M | 10M | -52M | 66M | -16M | -45M | -77M | 39M | 53M | -13M | -79M | 37M | 47M | 11M | -319M |
| Free Cash Flow | -1.11B | -3.72B | -3.09B | -3.12B | -1.48B | -4.18B | -3.2B | -1B | -22M | -1.98B | -876M | -1.88B | -2.55B | -2.4B | -3.1B | 172M | 1.78B | -1.38B | -1.62B | -354M |
| FCF Margin % | -32.3% | -123.98% | -122.09% | -116.93% | -42.03% | -137.68% | -131.69% | -36.97% | -0.63% | -64.8% | -34.34% | -67.87% | -71.55% | -77.01% | -121.43% | 6.21% | 50.3% | -42.54% | -66.45% | -13.78% |
| FCF Growth % | 24.95% | 11.16% | 3.47% | -210.88% | -6622.73% | -111.85% | -265.3% | 46.59% | 99.14% | 17.88% | 71.79% | -1190.7% | -242.94% | -74.28% | -92.14% | 148.59% | 314.88% | 15.9% | -57.05% | -146.89% |
| FCF per Share | -31.18 | -105.30 | -87.51 | -88.49 | -41.66 | -118.19 | -90.91 | -28.47 | -0.62 | -55.32 | -24.61 | -51.54 | -68.36 | -60.89 | -76.86 | 4.11 | 37.40 | -27.88 | -29.65 | -6.14 |
| FCF Conversion (FCF/Net Income) | 6.52x | 18.06x | -1.53x | -0.59x | 3.91x | 209.25x | -1.23x | -0.39x | 5.37x | 63.14x | -5.17x | 3.06x | 2.00x | 2.21x | 2.63x | 2.00x | 1.44x | 1.57x | 2.17x | 2.47x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |