Avis Budget (CAR) Free Cash Flow (2009 - 2026)
Avis Budget's Free Cash Flow was $564 million in Q2 2026, down 28.2% from $786 million a year earlier but up 43.5% from the prior quarter.
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Analysis
Avis Budget (CAR) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Avis Budget's Free Cash Flow was $2.66 billion through Jun 30, 2026, down 19.6% year-over-year; for FY2025, it came in at $3.08 billion, down 7.2% from FY2024.
- Free Cash Flow has now declined for three consecutive years, though with a five-year compound annual growth rate of 38.8% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $3.32 billion in FY2024 (-6.7%), $3.56 billion in FY2023 (-20.3%), $4.46 billion in FY2022 (+31.9%) and $3.38 billion in FY2021 (+466.7%).
- Quarterly Free Cash Flow has moved between $355 million (Q4 2025) and $1.45 billion (Q3 2022) over five years.
- Compared with a year earlier, Free Cash Flow has declined for three straight quarters, with an average decline of 11.6% over the last eight quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q3 2021 (growth of 367.2%); the worst was Q4 2025 (a decline of 49.6%).
- Per Business Quant data, CAR's Free Cash Flow in the three quarters before Q2 2026 was $393 million (Q1 2026), $355 million (Q4 2025) and $1.35 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 105.90 Bn | 103.94 Bn | 1.55 Bn | 796.00 Mn |
| 2 | Hilton Worldwide Holdings | 81.69 Bn | 78.14 Bn | 3.08 Bn | 460.00 Mn |
| 3 | Royal Caribbean Cruises | 77.39 Bn | 74.75 Bn | 2.29 Bn | -877.00 Mn |
| 4 | Viking Holdings | 38.47 Bn | 23.60 Bn | 996.62 Mn | -1.41 Bn |
| 5 | Carnival | 37.46 Bn | 30.65 Bn | - | 712.00 Mn |
| 6 | Intercontinental Hotels | 26.15 Bn | 22.11 Bn | - | - |
| 7 | Trip.com | 26.06 Bn | -18.94 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 16.68 Bn | 13.84 Bn | 388.00 Mn | 28.00 Mn |
| 9 | H World | 14.17 Bn | 5.58 Bn | 453.94 Mn | 525.03 Mn |
| 10 | Avis Budget | 3.56 Bn | 1.39 Bn | - | 564.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 564.00 Mn |
| Mar 31, 2026 | 393.00 Mn |
| Dec 31, 2025 | 355.00 Mn |
| Sep 30, 2025 | 1.35 Bn |
| Jun 30, 2025 | 786.00 Mn |
| Mar 31, 2025 | 585.00 Mn |
| Dec 31, 2024 | 705.00 Mn |
| Sep 30, 2024 | 1.24 Bn |
| Jun 30, 2024 | 839.00 Mn |
| Mar 31, 2024 | 536.00 Mn |
| Dec 31, 2023 | 700.00 Mn |
| Sep 30, 2023 | 1.18 Bn |
| Jun 30, 2023 | 902.00 Mn |
| Mar 31, 2023 | 775.00 Mn |
| Dec 31, 2022 | 719.00 Mn |
| Sep 30, 2022 | 1.45 Bn |
| Jun 30, 2022 | 1.18 Bn |
| Mar 31, 2022 | 1.11 Bn |
| Dec 31, 2021 | 892.00 Mn |
| Sep 30, 2021 | 1.27 Bn |
API Access
Avis Budget Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CAR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "CAR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CAR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();