Market Summary
USD275.18+0.86
Market Closed0.31%
FLT Stock Price
FLT RSI Chart
FLT Valuation
FLT Price/Sales (Trailing)
FLT Profitability
FLT Fundamentals
FLT Revenue
FLT Earnings
Price Action
52 Week Range
161.69278.35
(Low)(High)
Last 7 days
1.1%
Last 30 days
6.6%
Last 90 days
14.2%
Trailing 12 Months
38.5%
FLT Financial Health
FLT Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for FLT
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-01 | King Alan | back to issuer | -493,434 | 273 | -1,804 | group president, global fleet |
2023-09-01 | Vickery Alissa B | sold (taxes) | -23,640 | 271 | -87.00 | chief accounting officer |
2023-04-24 | GUPTA RAHUL | acquired | - | - | 2,081 | - |
2023-04-22 | Vickery Alissa B | sold (taxes) | -3,252 | 216 | -15.00 | chief accounting officer |
2023-04-10 | Vickery Alissa B | sold (taxes) | -3,322 | 207 | -16.00 | chief accounting officer |
2023-03-27 | King Alan | sold (taxes) | -81,332 | 200 | -405 | group president, global fleet |
2023-03-12 | Vickery Alissa B | sold (taxes) | -7,639 | 195 | -39.00 | chief accounting officer |
2023-03-01 | Vickery Alissa B | acquired | - | - | 864 | chief accounting officer |
2023-01-25 | King Alan | sold (taxes) | -136,905 | 199 | -686 | group president, global fleet |
2023-01-25 | Netto Armando Lins | sold (taxes) | -96,591 | 199 | -484 | ceo brazil |
Which funds bought or sold FLT recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 14.29 | 1,598 | 6,026 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 861,767 | 5,378,380 | 0.05% |
2023-08-22 | COMERICA BANK | new | - | 25,000 | 25,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -74.38 | -10,893,900 | 4,781,570 | 0.05% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -8.47 | 333,197 | 4,046,680 | 0.01% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -8.28 | 143,000 | 1,683,000 | 0.02% |
2023-08-21 | BOKF, NA | reduced | -70.8 | -18,843 | 10,043 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.91 | 3,857,950 | 28,557,300 | 0.04% |
2023-08-17 | Orion Portfolio Solutions, LLC | reduced | -5.73 | 1,250,590 | 11,450,300 | 0.12% |
2023-08-16 | Sunbelt Securities, Inc. | reduced | -10.14 | 2,767 | 31,134 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Fleetcor Tech
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 17, 2023 | clarke ronald | 5.4% | 4,098,950 | SC 13G | |
| Feb 14, 2023 | orbis investment management ltd | 6.5% | 4,743,218 | SC 13G | |
| Feb 14, 2023 | price t rowe associates inc /md/ | 2.4% | 1,738,769 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 11.10% | 8,188,881 | SC 13G/A | |
| Feb 06, 2023 | wellington management group llp | 6.29% | 4,641,692 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 7.3% | 5,357,207 | SC 13G/A | |
| Feb 15, 2022 | clarke ronald | 5.2% | 4,237,431 | SC 13G | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 8.4% | 6,893,301 | SC 13G | |
| Feb 11, 2022 | capital international investors | 0.7% | 535,759 | SC 13G/A | |
| Feb 04, 2022 | wellington management group llp | 5.83% | 4,730,660 | SC 13G/A |
Recent SEC filings of Fleetcor Tech
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 15, 2023 | 8-K | Current Report | |
| Aug 09, 2023 | 3 | Insider Trading | |
| Aug 09, 2023 | 10-Q | Quarterly Report | |
| Aug 08, 2023 | 8-K | Current Report | |
| Aug 03, 2023 | 8-K | Current Report | |
| Jun 15, 2023 | 8-K | Current Report |
FLT Fair Value
Loading...
Peers (Alternatives to Fleetcor Tech)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MA | 388.4B | 23.6B | 4.40% | 31.04% | 37.96 | 16.46 | 13.06% | 5.47% |
ACN | 200.1B | 63.6B | 3.36% | 17.75% | 27.93 | 3.15 | 6.65% | 8.08% |
FIS | 34.4B | 14.6B | 4.42% | -28.86% | -1.46 | 2.36 | 1.28% | -2886.41% |
GPN | 31.9B | 9.3B | -0.77% | -1.18% | 39.73 | 3.44 | 5.09% | 943.73% |
AKAM | 16.5B | 3.7B | 7.85% | 26.25% | 34.42 | 4.5 | 2.48% | -21.66% |
| MID-CAP | ||||||||
WEX | 8.6B | 2.5B | 11.06% | 40.32% | 41.57 | 3.5 | 17.75% | -7.81% |
WU | 4.9B | 4.4B | 10.86% | -9.37% | 6.46 | 1.11 | -9.80% | -15.47% |
EXLS | 4.8B | 1.5B | 3.47% | -83.43% | 27.95 | 3.11 | 22.18% | 35.10% |
MMS | 4.8B | 4.8B | -2.28% | 33.58% | 27.73 | 0.99 | 5.74% | -8.06% |
| SMALL-CAP | ||||||||
MGI | 1.1B | 1.3B | 16.67% | 9.03% | 30.77 | 0.8 | 4.60% | 957.58% |
CNDT | 742.0M | 3.8B | 6.25% | -7.86% | -2.24 | 0.2 | -4.55% | -409.35% |
CASS | 529.0M | 193.7M | 0.16% | 7.80% | 16.36 | 2.73 | 17.44% | 3.23% |
IIIV | 486.5M | 359.1M | -4.72% | 3.09% | -56.24 | 1.35 | 19.78% | 52.80% |
Fleetcor Tech News
Returns for FLT
Cumulative Returns on FLT
9.5%
10-Year Cumulative Returns
7.0%
7-Year Cumulative Returns
4.4%
5-Year Cumulative Returns
4.4%
3-Year Cumulative Returns
Risks for FLT
What is the probability of a big loss on FLT?
76.9%
Probability that Fleetcor Tech stock will be more than 20% underwater in next one year
32.7%
Probability that Fleetcor Tech stock will be more than 30% underwater in next one year.
18.5%
Probability that Fleetcor Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does FLT drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Fleetcor Tech was unfortunately bought at previous high price.
Drawdowns
Financials for Fleetcor Tech
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 2.5% | 3,626 | 3,539 | 3,427 | 3,346 | 3,208 | 3,014 | 2,834 | 2,649 | 2,479 | 2,336 | 2,389 | 2,470 | 2,566 | 2,688 | 2,649 | 2,593 | 2,532 | 2,470 | 2,433 | 2,400 | 2,358 |
| S&GA Expenses | 2.3% | 321 | 314 | 309 | 306 | 303 | 287 | 262 | 234 | 210 | 189 | 193 | 197 | 202 | 211 | 205 | 200 | 193 | 185 | 183 | 184 | 184 |
| EBITDA | -100.0% | - | 1,383 | 1,433 | 1,476 | 1,458 | 1,356 | 1,279 | 1,221 | 1,135 | 1,079 | 1,008 | 1,042 | 1,098 | 1,145 | 1,202 | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.39* | 0.42* | 0.44* | 0.45* | 0.45* | 0.45* | 0.46* | 0.46* | 0.46* | 0.42* | 0.42* | 0.43* | 0.43* | 0.45* | - | - | - | - | - | - |
| Interest Expenses | -29.4% | -287 | -222 | -164 | -111 | -95.57 | -107 | -113 | -122 | -124 | -122 | -129 | -134 | -139 | -146 | -150 | -153 | -152 | -146 | -138 | -131 | -124 |
| Earnings Before Taxes | -1.3% | 1,259 | 1,276 | 1,276 | 1,281 | 1,249 | 1,168 | 1,109 | 1,070 | 997 | 946 | 883 | 918 | 975 | 1,021 | 1,078 | 1,176 | 1,121 | 1,095 | 1,095 | 906 | 996 |
| EBT Margin | -100.0% | - | 0.36* | 0.37* | 0.38* | 0.39* | 0.39* | 0.39* | 0.40* | 0.40* | 0.40* | 0.37* | 0.37* | 0.38* | 0.38* | 0.41* | - | - | - | - | - | - |
| Net Income | -2.4% | 929 | 951 | 954 | 954 | 939 | 873 | 873 | 858 | 813 | 775 | 704 | 730 | 767 | 870 | 895 | 962 | 893 | 809 | 811 | 792 | 837 |
| Net Income Margin | -100.0% | - | 0.27* | 0.28* | 0.29* | 0.29* | 0.29* | 0.30* | 0.31* | 0.31* | 0.32* | 0.29* | 0.30* | 0.30* | 0.32* | 0.34* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 1,038 | 603 | 891 | 750 | 884 | 1,086 | 760 | 940 | 1,051 | 1,394 | 1,504 | 1,334 | 1,206 | 1,087 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 4.0% | 15,179 | 14,588 | 14,089 | 14,486 | 14,710 | 14,221 | 13,405 | 13,454 | 13,027 | 11,427 | 11,195 | 11,094 | 10,627 | 11,310 | 12,249 | 11,914 | 11,976 | 11,515 | 11,202 | 11,451 | 11,485 |
| Current Assets | 8.9% | 6,924 | 6,359 | 6,106 | 6,586 | 6,823 | 6,176 | 5,488 | 5,524 | 5,254 | 4,285 | 3,956 | 3,971 | 3,464 | 4,129 | 4,619 | 4,440 | 4,386 | 4,172 | 3,876 | 4,133 | 4,049 |
| Cash Equivalents | -1.4% | 1,254 | 1,272 | 1,435 | 1,318 | 2,356 | 2,089 | 2,251 | 2,009 | 2,059 | 1,432 | 1,477 | 1,371 | 1,191 | 1,552 | 1,675 | 1,466 | 1,489 | 1,373 | 1,365 | 1,189 | 1,185 |
| Net PPE | 6.0% | 329 | 310 | 295 | 273 | 261 | 254 | 236 | 221 | 217 | 200 | 203 | 190 | 186 | 183 | 200 | 186 | 190 | 186 | 186 | 185 | 179 |
| Goodwill | 1.7% | 5,474 | 5,380 | 5,201 | 5,069 | 5,076 | 5,181 | 5,079 | 5,102 | 5,058 | 4,693 | 4,719 | 4,614 | 4,582 | 4,584 | 4,833 | 4,707 | 4,720 | 169 | 4,542 | 4,517 | - |
| Current Liabilities | 3.7% | 6,436 | 6,204 | 6,043 | 6,638 | 6,432 | 6,092 | 5,290 | 5,666 | 4,980 | 4,314 | 3,968 | 4,196 | 3,627 | 4,460 | 4,463 | 3,979 | 4,749 | 4,562 | 4,495 | 4,484 | 4,602 |
| Shareholder's Equity | 13.2% | 3,263 | 2,882 | 2,541 | 2,227 | 2,688 | 2,904 | 2,867 | 3,175 | 3,489 | 3,296 | 3,355 | 2,938 | 2,966 | 2,796 | 3,712 | 3,900 | 3,843 | 3,531 | 3,340 | 3,562 | 3,439 |
| Retained Earnings | 3.2% | 7,665 | 7,426 | 7,211 | 6,985 | 6,737 | 6,474 | 6,256 | 6,031 | 5,797 | 5,601 | 5,417 | 5,207 | 5,018 | 4,860 | 4,713 | 4,477 | 4,251 | 3,990 | 3,818 | 3,516 | 3,358 |
| Additional Paid-In Capital | 2.2% | 3,177 | 3,109 | 3,050 | 3,002 | 2,964 | 2,920 | 2,879 | 2,850 | 2,821 | 2,795 | 2,750 | 2,713 | 2,691 | 2,657 | 2,495 | 2,504 | 2,428 | 2,382 | 2,307 | 2,317 | 2,277 |
| Shares Outstanding | 0.2% | 74.00 | 74.00 | 73.00 | 74.00 | 77.00 | 78.00 | 79.00 | 82.00 | 83.00 | 83.00 | 84.00 | 84.00 | 84.00 | 85.00 | 85.00 | 87.00 | 86.00 | 86.00 | 86.00 | 88.00 | 89.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 28.9% | 1,540 | 1,195 | 755 | 1,036 | 882 | 1,007 | 1,197 | 857 | 1,027 | 1,130 | 1,473 | 1,586 | 1,414 | 1,285 | 1,162 | 1,139 | 1,178 | 1,000 | 903 | 804 | 747 |
| Share Based Compensation | 0.6% | 116 | 115 | 121 | 129 | 111 | 95.00 | 80.00 | 60.00 | 56.00 | 47.00 | 43.00 | 50.00 | 53.00 | 63.00 | 61.00 | 62.00 | 67.00 | 68.00 | 70.00 | 86.00 | 90.00 |
| Cashflow From Investing | -2.0% | -469 | -460 | -368 | -361 | -653 | -719 | -715 | -653 | -231 | -150 | -106 | -214 | -278 | -527 | -523 | -338 | -259 | -18.05 | -26.27 | -227 | -504 |
| Cashflow From Financing | -41.0% | -675 | -479 | -311 | -275 | 108 | 311 | 344 | 384 | -25.69 | -1,118 | -1,416 | -1,271 | -1,191 | -351 | -310 | -481 | -624 | -751 | -577 | -354 | 215 |
| Buy Backs | -37.3% | 622 | 992 | 1,405 | 1,829 | 1,734 | 1,616 | 1,356 | 884 | 709 | 482 | 850 | 1,424 | 1,248 | 1,222 | 695 | 637 | 582 | 874 | 959 | 381 | 731 |
FLT Income Statement
2023-06-30Unaudited Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Revenues, net | $ 948,174 | $ 861,278 | $ 1,849,507 | $ 1,650,519 |
| Expenses: | ||||
| Processing | 205,265 | 185,588 | 410,232 | 359,782 |
| Selling | 86,412 | 79,324 | 168,004 | 156,213 |
| General and administrative | 159,356 | 147,446 | 314,040 | 290,968 |
| Depreciation and amortization | 83,676 | 78,474 | 167,908 | 155,276 |
| Other operating, net | 815 | (34) | 1,478 | 79 |
| Operating income | 412,650 | 370,480 | 787,845 | 688,201 |
| Other expenses: | ||||
| Investment loss (gain) | 18 | 193 | (172) | 345 |
| Other (income) expense, net | (2,424) | 3,564 | (1,678) | 4,433 |
| Interest expense, net | 88,486 | 23,070 | 168,281 | 45,100 |
| Total other expense | 86,080 | 26,827 | 166,431 | 49,878 |
| Income before income taxes | 326,570 | 343,653 | 621,414 | 638,323 |
| Provision for income taxes | 86,868 | 81,482 | 166,877 | 158,200 |
| Net income | $ 239,702 | $ 262,171 | $ 454,537 | $ 480,123 |
| Basic earnings per share (in dollars per share) | $ 3.24 | $ 3.42 | $ 6.17 | $ 6.22 |
| Diluted earnings per share (in dollars per share) | $ 3.20 | $ 3.35 | $ 6.08 | $ 6.10 |
| Weighted average shares outstanding: | ||||
| Basic (in shares) | 73,887 | 76,769 | 73,705 | 77,250 |
| Diluted (in shares) | 75,001 | 78,239 | 74,763 | 78,762 |
FLT Balance Sheet
2023-06-30Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 1,254,243 | $ 1,435,163 |
| Restricted cash | 1,456,992 | 854,017 |
| Accounts and other receivables (less allowance for credit losses of $172,080 at June 30, 2023 and $149,846 at December 31, 2022) | 2,460,650 | 2,064,745 |
| Securitized accounts receivable—restricted for securitization investors | 1,248,000 | 1,287,000 |
| Prepaid expenses and other current assets | 503,684 | 465,227 |
| Total current assets | 6,923,569 | 6,106,152 |
| Property and equipment, net | 329,146 | 294,692 |
| Goodwill | 5,473,603 | 5,201,435 |
| Other intangibles, net | 2,107,081 | 2,130,974 |
| Investments | 69,721 | 74,281 |
| Other assets | 275,533 | 281,726 |
| Total assets | 15,178,653 | 14,089,260 |
| Current liabilities: | ||
| Accounts payable | 1,679,702 | 1,568,942 |
| Accrued expenses | 392,652 | 351,936 |
| Customer deposits | 2,013,236 | 1,505,004 |
| Securitization Facility | 1,248,000 | 1,287,000 |
| Current portion of notes payable and lines of credit | 823,231 | 1,027,056 |
| Other current liabilities | 279,069 | 303,517 |
| Total current liabilities | 6,435,890 | 6,043,455 |
| Notes payable and other obligations, less current portion | 4,678,258 | 4,722,838 |
| Deferred income taxes | 538,832 | 527,465 |
| Other noncurrent liabilities | 262,237 | 254,009 |
| Total noncurrent liabilities | 5,479,327 | 5,504,312 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value; 475,000,000 shares authorized; 128,454,856 shares issued and 73,950,978 shares outstanding at June 30, 2023; and 127,802,590 shares issued and 73,356,709 shares outstanding at December 31, 2022 | 128 | 128 |
| Additional paid-in capital | 3,176,562 | 3,049,570 |
| Retained earnings | 7,665,306 | 7,210,769 |
| Accumulated other comprehensive loss | (1,357,263) | (1,509,650) |
| Less treasury stock, 54,503,878 shares at June 30, 2023 and 54,445,881 shares at December 31, 2022 | (6,221,297) | (6,209,324) |
| Total stockholders’ equity | 3,263,436 | 2,541,493 |
| Total liabilities and stockholders’ equity | $ 15,178,653 | $ 14,089,260 |
| Common stock, shares issued (in shares) | 128,454,856 | 127,802,590 |
FLEETCOR Technologies, Inc. provides digital payment solutions for businesses to control purchases and make payments. It offers corporate payments solutions, such as accounts payable automation; Virtual Card, which provides a single-use card number for a specific amount usable within a defined timeframe; Cross-Border that is used by its customers to pay international vendors, foreign office and personnel expenses, capital expenditures, and profit repatriation and dividends; and purchasing cards and travel and entertainment cards for its customers to analyze and manage their corporate spending. The company also provides employee expense management solutions, including fuel solutions to businesses and government entities that operate vehicle fleets, as well as to oil and leasing companies, and fuel marketers; lodging solutions to businesses that have employees who travel overnight for work purposes, as well as to airlines and cruise lines to accommodate traveling crews and stranded passengers; and electronic toll payments solutions to businesses and consumers in the form of radio frequency identification tags affixed to vehicles' windshields. In addition, it offers gift card program management and processing services in plastic and digital forms that include card design, production and packaging, delivery and fulfillment, card and account management, transaction processing, promotion development and management, website design and hosting, program analytics, and card distribution channel management. Further, it provides other products consisting of payroll cards, vehicle maintenance service solution, long-haul transportation solution, prepaid food vouchers or cards, and prepaid transportation cards and vouchers. The company serves business, merchant, consumer, and payment network customers in North America, Brazil, and Internationally. The company was founded in 1986 and is headquartered in Atlanta, Georgia.