CAR Group FY26 Reported NPAT Up 14% to $314 Million

CAR Group Limited (ASX:CAR) announced its results for the year ended 30 June 2026, reporting proforma revenue of $1,253 million, up 12% on the prior corresponding period in constant currency, and proforma EBITDA of $700 million, also up 12% in constant currency. On a reported basis in Australian dollars, revenue rose 6% to $1,253 million, EBITDA rose 8% to $667 million and net profit after tax rose 14% to $314 million. Adjusted NPAT was $407 million, up 11% in constant currency, and adjusted earnings per share were 107.6 cents, up 11% in constant currency. Reported EBITDA to operating cash flow conversion was 100%. The company declared a 30% franked final dividend of 43.5 cents per share, taking total FY26 dividends per share to 86.0 cents, up 8% on the prior corresponding period. CAR Group said its proforma results normalise for the exit of the Australian Tyres business announced in January 2025 and for certain non-recurring or non-cash items.

By segment on a constant currency basis, Australian revenue increased 7% with adjusted EBITDA up 8%; North American revenue and adjusted EBITDA each increased 12%; Latin American revenue increased 19%, which the company said reflects the strategic exit of Car10's zero-margin loan factoring business, with adjusted EBITDA up 23%; and Asian revenue increased 15% with adjusted EBITDA up 14%. For FY27 the company guided to revenue growth of 11-14% in constant currency, adjusted EBITDA growth of 10-13% in constant currency and adjusted NPAT growth of 9-12% in constant currency, with net finance costs estimated at approximately $66 million to $72 million, depreciation and amortisation expected to grow at approximately 16-19% and an effective tax rate of approximately 20-21%. CAR Group noted that these financial outcomes depend on a number of factors including prevailing macroeconomic conditions, geopolitical risk, customer demand and movements in inflation and foreign exchange rates.