Avis Budget Group Inc (CAR) — Financial Flexibility Index

Latest as of June 2026: 0.14x

Avis Budget Group Inc (CAR) has a Financial Flexibility Index of 0.14x as of June 2026. Free cash flow of $4.98 Billion (operating CF $632.00 Million minus capex $4.35 Billion) represents 0% of total liabilities ($35.55 Billion). Check CAR cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

$4.98 Billion
Operating CF − Capex

Total Liabilities

$35.55 Billion
USD

Capital Expenditures

$4.35 Billion
USD

Avis Budget Group Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Avis Budget Group Inc across 37 annual periods. For the full cash flow conversion analysis, see Avis Budget Group Inc cash conversion from operations.

Annual Financial Flexibility Index for Avis Budget Group Inc (1989–2025)

Year-by-year free cash flow to debt coverage for Avis Budget Group Inc. Explore Avis Budget Group Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.53x $18.57 Billion $3.30 Billion $35.24 Billion ▲ +25.2%
2024 0.42x $13.58 Billion $3.52 Billion $32.27 Billion ▼ -26.3%
2023 0.57x $19.29 Billion $3.83 Billion $33.76 Billion ▲ +72.1%
2022 0.33x $8.84 Billion $4.71 Billion $26.63 Billion ▼ -20.9%
2021 0.42x $9.58 Billion $3.49 Billion $22.81 Billion ▲ +88.1%
2020 0.22x $3.95 Billion $691.00 Million $17.69 Billion ▼ -1.3%
2019 0.23x $5.26 Billion $2.59 Billion $23.27 Billion ▼ -26.4%
2018 0.31x $5.78 Billion $2.61 Billion $18.82 Billion ▲ +10.9%
2017 0.28x $4.78 Billion $2.65 Billion $17.27 Billion ▲ +1.9%
2016 0.27x $4.78 Billion $2.63 Billion $17.57 Billion ▼ -5.9%
2015 0.29x $5.03 Billion $2.58 Billion $17.41 Billion ▼ -4.9%
2014 0.30x $4.97 Billion $2.58 Billion $16.36 Billion ▲ +21.4%
2013 0.25x $3.90 Billion $2.25 Billion $15.56 Billion ▼ -7.0%
2012 0.27x $3.89 Billion $1.89 Billion $14.46 Billion ▼ -67.3%
2011 0.82x $10.30 Billion $1.58 Billion $12.53 Billion ▼ -16.2%
2010 0.98x $9.73 Billion $1.64 Billion $9.92 Billion ▲ +16.6%
2009 0.84x $8.30 Billion $1.49 Billion $9.87 Billion ▼ -9.1%
2008 0.93x $10.39 Billion $1.70 Billion $11.22 Billion ▼ -17.6%
2007 1.12x $12.44 Billion $1.71 Billion $11.06 Billion ▲ +1.9%
2006 1.10x $11.70 Billion $252.00 Million $10.60 Billion ▲ +556.2%
2005 0.17x $3.83 Billion $3.29 Billion $22.81 Billion ▼ -14.7%
2004 0.20x $5.89 Billion $5.42 Billion $29.88 Billion ▼ -25.8%
2003 0.27x $7.67 Billion $7.20 Billion $28.85 Billion ▲ +302.5%
2002 0.07x $1.73 Billion $1.33 Billion $26.21 Billion ▼ -45.2%
2001 0.12x $3.13 Billion $2.78 Billion $26.01 Billion ▼ -29.4%
2000 0.17x $1.65 Billion $1.44 Billion $9.68 Billion ▼ -44.3%
1999 0.31x $3.51 Billion $3.03 Billion $11.46 Billion ▲ +11.4%
1998 0.28x $3.83 Billion $620.30 Million $13.91 Billion ▲ +105.2%
1997 0.13x $1.39 Billion $1.21 Billion $10.37 Billion ▼ -49.0%
1996 0.26x $320.30 Million $260.60 Million $1.22 Billion ▼ -29.4%
1995 0.37x $154.20 Million $124.00 Million $414.10 Million ▲ +5.0%
1994 0.35x $115.20 Million $97.60 Million $324.90 Million ▼ -14.8%
1993 0.42x $136.40 Million $127.30 Million $327.90 Million ▲ +11.8%
1992 0.37x $122.20 Million $117.60 Million $328.40 Million ▲ +190.1%
1991 0.13x $41.40 Million $34.70 Million $322.80 Million ▼ -26.1%
1990 0.17x $45.30 Million $40.40 Million $260.90 Million ▼ -7.2%
1989 0.19x $45.30 Million $41.20 Million $242.10 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities