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FLT

196.28USD+0.08(+0.04%)Market Closed

Fleetcor Technologies Inc

Market Summary

USD196.28+0.08Market Closed
0.04%

FLT Stock Price

RSI Chart

Valuation

Market Cap

14.2B

Price/Earnings

15.11

Price/Sales

4.42

Price/Cashflow

16.08

MarketCap/EBT

11.36

Price/Sales

Profitability

EBT Margin

38.93%

Return on Equity

34.94%

Return on Assets

6.38%

Fundamentals

Revenue

Revenue (TTM)

3.3B

Revenue Y/Y

18.2%

Revenue Q/Q

3.68%

Earnings

Earnings (TTM)

954.0M

Earnings Y/Y

6.36%

Earnings Q/Q

-5.07%

Price Action

52 Week Range

161.69265.30
(Low)(High)

Last 7 days

1%

Last 30 days

8.6%

Last 90 days

-7.4%

Trailing 12 Months

-6.9%

Financial Health

Current Ratio

1.06

Investor Care

Buy Backs (1Y)

9.17%

Diluted EPS (TTM)

12.13

Peers (Alternatives to Fleetcor Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
319.9B
21.6B
12.58% 12.93%
32.98
14.79
21.63% 34.86%
182.1B
59.6B
10.16% -16.72%
27.47
3.06
24.28% 14.71%
51.6B
14.5B
-6.81% -29.01%
61.01
3.59
7.14% 307.39%
34.7B
8.9B
-4.18% -14.88%
451.51
3.93
7.95% -92.48%
14.2B
3.6B
9.81% -15.47%
24.53
3.97
5.65% -16.06%
MID-CAP
7.2B
2.2B
9.36% 32.59%
55.43
3.22
27.25% 192.65%
5.8B
1.3B
4.19% 37.88%
41.75
4.37
23.90% 17.48%
5.4B
4.7B
10.74% -12.30%
6.04
1.1
-7.70% 1.95%
3.8B
4.6B
22.63% -4.19%
20.19
0.83
8.85% -30.00%
SMALL-CAP
1.0B
1.3B
3.70% 78.76%
-317.66
0.79
0.80% 147.70%
884.8M
3.9B
9.40% -19.73%
8.27
0.22
-5.47% 11000.00%
638.8M
-
0.20% 65.58%
14.95
1.23
- -
590.8M
173.5M
4.68% 5.06%
18.86
3.58
14.64% 22.00%
505.3M
317.9M
22.66% 32.64%
-35.81
1.69
41.82% -283.71%

Financials for Fleetcor Tech

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue4.3%3,3463,2083,0142,8342,649
  S&GA Expenses0.9%306303287262234
Earnings Before Taxes2.5%1,2811,2491,1681,1091,070
Net Income1.6%954939873839824
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.5%14,48614,71014,22113,40513,454
  Current Assets-3.5%6,5866,8236,1765,4885,524
    Cash Equivalents-7.4%1,3181,4231,2981,5201,271
  Net PPE4.6%273261254236221
  Goodwill-0.1%5,0695,0765,1815,0795,102
Liabilities49.7%234157121157-
  Current Liabilities3.2%6,6386,4326,0925,2905,666
    LT Debt, Current17.5%2,4762,1081,9271,5181,901
Shareholder's Equity-17.1%2,2272,6882,9042,8673,175
  Retained Earnings3.7%6,9856,7376,4746,2566,031
  Additional Paid-In Capital1.3%3,0022,9642,9202,8792,850
Accumulated Depreciation-329----
Shares Outstanding-2.9%7476777981
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations17.4%1,0368821,0071,197857
  Share Based Compensation16.0%129111958060
Cashflow From Investing44.6%-361.89-653.26-719.94-715.93-653.42
Cashflow From Financing-355.9%-275.42108311344384
  Buy Backs5.5%1,8291,7341,6161,356884

Risks

What is the probability of a big loss on FLT?

65%


Probability that Fleetcor Tech stock will be more than 20% underwater in next one year

23.1%


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.

Returns

Cumulative Returns on FLT

14.1%


10-Year Cumulative Returns

3.7%


7-Year Cumulative Returns

1.4%


5-Year Cumulative Returns

-14.1%


3-Year Cumulative Returns

What are the long-term rolling returns for FLT?

FIve years rolling returns for Fleetcor Tech.

Which funds bought or sold FLT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,287,000
1,287,000
0.01%
2022-11-22
Seaport Global Advisors, LLC
ADDED
11.33
-13,000
185,000
0.75%
2022-11-22
B. Riley Wealth Advisors, Inc.
REDUCED
-25.13
-298,000
505,000
0.01%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-18.93
-175,000
371,000
0.37%
2022-11-22
CVA Family Office, LLC
ADDED
1,600
14,000
15,000
-%
2022-11-21
FourThought Financial, LLC
REDUCED
-31.25
-40,000
54,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-5.17
-5,506,000
21,364,000
0.04%
2022-11-21
Parallax Volatility Advisers, L.P.
ADDED
70.51
125,000
415,000
-%
2022-11-21
17 CAPITAL PARTNERS, LLC
ADDED
2.74
-112,000
695,000
0.95%
2022-11-18
Legend Financial Advisors, Inc.
SOLD OFF
-100
-510,000
-
-%

1–10 of 44

Latest Funds Activity

Are funds buying FLT calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FLT

Fleetcor Tech News

Simply Wall St

We Like These Underlying Return On Capital Trends At FLEETCOR Technologies (NYSE:FLT).116 minutes ago

GuruFocus.com

FLT Fair Value

Fleetcor Tech fair value in different scenarios

The table shows the Fair Value estimates for Fleetcor Tech for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

195.59

-0.35%

285.44

45.42%

393.13

100.29%

526.35

168.16%

630.77

221.36%

Current Inflation

183.39

-6.57%

260.15

32.54%

350.01

78.32%

462.84

135.81%

550.75

180.59%

Very High Inflation

168.33

-14.24%

230.01

17.18%

299.86

52.77%

389.60

98.49%

458.97

133.83%

Historical Fleetcor Tech Fair Value Estimates


Recent SEC filings of Fleetcor Tech

View All Filings
Date Filed Form Type Document
Nov 08, 2022
S-8
Employee Benefits Plan
Nov 08, 2022
10-Q
Quarterly Report
Nov 02, 2022
8-K
Current Report
Sep 26, 2022
8-K
Current Report
Sep 14, 2022
4
Insider Trading

Latest Insider Trading transactions for FLT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-09-12
King Alan
SOLD
-308,037
223.377
-1,379
Group President, Global Fleet
2022-06-27
Clarke Ronald
ACQUIRED
6,073,590
35.04
173,333
CEO & Chairman of BOD
2022-06-27
Clarke Ronald
SOLD (Taxes)
-20,435,000
218.75
-93,417
CEO & Chairman of BOD
2022-04-22
Vickery Alissa B
SOLD (Taxes)
-7,502.01
258.69
-29
Chief Accounting Officer
2022-04-10
Vickery Alissa B
SOLD (Taxes)
-4,008
250.5
-16
Chief Accounting Officer
2022-03-28
Clarke Ronald
ACQUIRED
2,978,400
35.04
85,000
CEO & Chairman of BOD
2022-03-28
Clarke Ronald
SOLD (Taxes)
-10,951,500
243.02
-45,064
CEO & Chairman of BOD
2022-03-27
Gavrilenya Alexey
SOLD (Taxes)
-76,269.3
246.03
-310
President- North America Fuel
2022-03-27
King Alan
SOLD (Taxes)
-106,039
246.03
-431
President Europe & Aus/NewZea
2022-03-27
Netto Armando Lins
SOLD (Taxes)
-68,888.4
246.03
-280
CEO Brazil

1–10 of 50

Ronald F. Clarke
9700
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.

FLT Income Statement

2022-09-30
Unaudited Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenues, net$ 893,000$ 755,477$ 2,543,519$ 2,031,481
Expenses:    
Processing203,315149,564563,097388,286
Selling74,00571,204230,218186,511
General and administrative149,294121,785440,262345,155
Depreciation and amortization77,21374,237232,489209,184
Other operating, net308281
Operating income389,170338,6871,077,371902,264
Other expenses:    
Investment loss (gain)1740519(9)
Other expense (income), net3,6881,5326,187(2,547)
Interest expense, net45,41029,03390,51092,269
Loss on extinguishment of debt001,9346,230
Total other expense49,27230,56599,15095,943
Income before income taxes339,898308,122978,221806,321
Provision for income taxes91,01374,115249,213191,828
Net income$ 248,885$ 234,007$ 729,008$ 614,493
Basic earnings per share (in dollars per share)$ 3.34$ 2.86$ 9.55$ 7.42
Diluted earnings per share (in dollars per share)$ 3.29$ 2.80$ 9.38$ 7.24
Weighted average shares outstanding:    
Basic (in shares)74,46181,83676,31182,811
Diluted (in shares)75,55883,71677,68784,917

FLT Balance Sheet

2022-09-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 1,317,544$ 1,520,027
Restricted cash983,336730,668
Accounts and other receivables (less allowance for credit losses of $134,027 at September 30, 2022 and $98,719 at December 31, 2021)2,184,6291,793,274
Securitized accounts receivable—restricted for securitization investors1,482,0001,118,000
Prepaid expenses and other current assets618,559326,079
Total current assets6,586,0685,488,048
Property and equipment, net272,589236,294
Goodwill5,068,9545,078,978
Other intangibles, net2,169,2322,335,385
Investments74,34952,016
Other assets314,832213,932
Total assets14,486,02413,404,653
Current liabilities:  
Accounts payable1,693,9881,406,350
Accrued expenses389,953369,054
Customer deposits1,599,8531,788,705
Securitization facility1,482,0001,118,000
Current portion of notes payable and lines of credit994,088399,628
Other current liabilities478,283208,614
Total current liabilities6,638,1655,290,351
Notes payable and other obligations, less current portion4,745,1224,460,039
Deferred income taxes571,448566,291
Other noncurrent liabilities304,237221,392
Total noncurrent liabilities5,620,8075,247,722
Commitments and contingencies (Note 12)
Stockholders’ equity:  
Common stock, $0.001 par value; 475,000,000 shares authorized; 127,591,768 shares issued and 73,727,244 shares outstanding at September 30, 2022; and 127,113,023 shares issued and 78,879,551 shares outstanding at December 31, 2021128127
Additional paid-in capital3,001,6872,878,751
Retained earnings6,985,4506,256,442
Accumulated other comprehensive loss(1,660,445)(1,464,616)
Less treasury stock, 53,864,524 shares at September 30, 2022 and 48,233,471 shares at December 31, 2021(6,099,768)(4,804,124)
Total stockholders’ equity2,227,0522,866,580
Total liabilities and stockholders’ equity$ 14,486,024$ 13,404,653