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Fleetcor Technologies Inc Stock Research

FLT

275.18USD+0.86(+0.31%)Market Closed
Watchlist

Market Summary

USD275.18+0.86
Market Closed
0.31%

FLT Stock Price

FLT RSI Chart

FLT Valuation

Market Cap

20.3B

Price/Earnings (Trailing)

21.91

Price/Sales (Trailing)

5.61

EV/EBITDA

14.62

Price/Free Cashflow

14.79

FLT Price/Sales (Trailing)

FLT Profitability

EBT Margin

36.05%

Return on Equity

33.01%

Return on Assets

6.52%

Free Cashflow Yield

6.76%

FLT Fundamentals

FLT Revenue

Revenue (TTM)

3.6B

Revenue Y/Y

10.09%

Revenue Q/Q

5.2%

FLT Earnings

Earnings (TTM)

928.7M

Earnings Y/Y

-8.57%

Earnings Q/Q

11.57%

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

Current Ratio

1.03

FLT Investor Care

Buy Backs (1Y)

3.67%

Diluted EPS (TTM)

12.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for FLT

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold FLT recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 47

Latest Funds Activity

Are funds buying FLT calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FLT
No. of Funds

Schedule 13G FIlings of Fleetcor Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
388.4B
23.6B
4.40% 31.04%
37.96
16.46
13.06% 5.47%
200.1B
63.6B
3.36% 17.75%
27.93
3.15
6.65% 8.08%
34.4B
14.6B
4.42% -28.86%
-1.46
2.36
1.28% -2886.41%
31.9B
9.3B
-0.77% -1.18%
39.73
3.44
5.09% 943.73%
16.5B
3.7B
7.85% 26.25%
34.42
4.5
2.48% -21.66%
MID-CAP
8.6B
2.5B
11.06% 40.32%
41.57
3.5
17.75% -7.81%
4.9B
4.4B
10.86% -9.37%
6.46
1.11
-9.80% -15.47%
4.8B
1.5B
3.47% -83.43%
27.95
3.11
22.18% 35.10%
4.8B
4.8B
-2.28% 33.58%
27.73
0.99
5.74% -8.06%
SMALL-CAP
1.1B
1.3B
16.67% 9.03%
30.77
0.8
4.60% 957.58%
742.0M
3.8B
6.25% -7.86%
-2.24
0.2
-4.55% -409.35%
529.0M
193.7M
0.16% 7.80%
16.36
2.73
17.44% 3.23%
486.5M
359.1M
-4.72% 3.09%
-56.24
1.35
19.78% 52.80%

Fleetcor Tech News

Investor's Business Daily
FleetCor CEO Ron Clarke Turns Winning Career Into A Home Run.
Investor's Business Daily,
3 years ago

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)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.5%3,6263,5393,4273,3463,2083,0142,8342,6492,4792,3362,3892,4702,5662,6882,6492,5932,5322,4702,4332,4002,358
  S&GA Expenses2.3%321314309306303287262234210189193197202211205200193185183184184
EBITDA-100.0%-1,3831,4331,4761,4581,3561,2791,2211,1351,0791,0081,0421,0981,1451,202------
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%1,2591,2761,2761,2811,2491,1681,1091,0709979468839189751,0211,0781,1761,1211,0951,095906996
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%929951954954939873873858813775704730767870895962893809811792837
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%-1,0386038917508841,0867609401,0511,3941,5041,3341,2061,087------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets4.0%15,17914,58814,08914,48614,71014,22113,40513,45413,02711,42711,19511,09410,62711,31012,24911,91411,97611,51511,20211,45111,485
  Current Assets8.9%6,9246,3596,1066,5866,8236,1765,4885,5245,2544,2853,9563,9713,4644,1294,6194,4404,3864,1723,8764,1334,049
    Cash Equivalents-1.4%1,2541,2721,4351,3182,3562,0892,2512,0092,0591,4321,4771,3711,1911,5521,6751,4661,4891,3731,3651,1891,185
  Net PPE6.0%329310295273261254236221217200203190186183200186190186186185179
  Goodwill1.7%5,4745,3805,2015,0695,0765,1815,0795,1025,0584,6934,7194,6144,5824,5844,8334,7074,7201694,5424,517-
  Current Liabilities3.7%6,4366,2046,0436,6386,4326,0925,2905,6664,9804,3143,9684,1963,6274,4604,4633,9794,7494,5624,4954,4844,602
Shareholder's Equity13.2%3,2632,8822,5412,2272,6882,9042,8673,1753,4893,2963,3552,9382,9662,7963,7123,9003,8433,5313,3403,5623,439
  Retained Earnings3.2%7,6657,4267,2116,9856,7376,4746,2566,0315,7975,6015,4175,2075,0184,8604,7134,4774,2513,9903,8183,5163,358
  Additional Paid-In Capital2.2%3,1773,1093,0503,0022,9642,9202,8792,8502,8212,7952,7502,7132,6912,6572,4952,5042,4282,3822,3072,3172,277
Shares Outstanding0.2%74.0074.0073.0074.0077.0078.0079.0082.0083.0083.0084.0084.0084.0085.0085.0087.0086.0086.0086.0088.0089.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations28.9%1,5401,1957551,0368821,0071,1978571,0271,1301,4731,5861,4141,2851,1621,1391,1781,000903804747
  Share Based Compensation0.6%11611512112911195.0080.0060.0056.0047.0043.0050.0053.0063.0061.0062.0067.0068.0070.0086.0090.00
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%-675-479-311-275108311344384-25.69-1,118-1,416-1,271-1,191-351-310-481-624-751-577-354215
  Buy Backs-37.3%6229921,4051,8291,7341,6161,3568847094828501,4241,2481,222695637582874959381731

FLT Income Statement

2023-06-30
Unaudited Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 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:    
Processing205,265185,588410,232359,782
Selling86,41279,324168,004156,213
General and administrative159,356147,446314,040290,968
Depreciation and amortization83,67678,474167,908155,276
Other operating, net815(34)1,47879
Operating income412,650370,480787,845688,201
Other expenses:    
Investment loss (gain)18193(172)345
Other (income) expense, net(2,424)3,564(1,678)4,433
Interest expense, net88,48623,070168,28145,100
Total other expense86,08026,827166,43149,878
Income before income taxes326,570343,653621,414638,323
Provision for income taxes86,86881,482166,877158,200
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)73,88776,76973,70577,250
Diluted (in shares)75,00178,23974,76378,762

FLT Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 1,254,243$ 1,435,163
Restricted cash1,456,992854,017
Accounts and other receivables (less allowance for credit losses of $172,080 at June 30, 2023 and $149,846 at December 31, 2022)2,460,6502,064,745
Securitized accounts receivable—restricted for securitization investors1,248,0001,287,000
Prepaid expenses and other current assets503,684465,227
Total current assets6,923,5696,106,152
Property and equipment, net329,146294,692
Goodwill5,473,6035,201,435
Other intangibles, net2,107,0812,130,974
Investments69,72174,281
Other assets275,533281,726
Total assets15,178,65314,089,260
Current liabilities:  
Accounts payable1,679,7021,568,942
Accrued expenses392,652351,936
Customer deposits2,013,2361,505,004
Securitization Facility1,248,0001,287,000
Current portion of notes payable and lines of credit823,2311,027,056
Other current liabilities279,069303,517
Total current liabilities6,435,8906,043,455
Notes payable and other obligations, less current portion4,678,2584,722,838
Deferred income taxes538,832527,465
Other noncurrent liabilities262,237254,009
Total noncurrent liabilities5,479,3275,504,312
Commitments and contingencies (Note 12)
Stockholders’ equity:  
Common stock, $0.001 par value; 475,000,000 shares authorized; 128,454,856 shares issued and 73,950,978 shares outstanding at June 30, 2023; and 127,802,590 shares issued and 73,356,709 shares outstanding at December 31, 2022128128
Additional paid-in capital3,176,5623,049,570
Retained earnings7,665,3067,210,769
Accumulated other comprehensive loss(1,357,263)(1,509,650)
Less treasury stock, 54,503,878 shares at June 30, 2023 and 54,445,881 shares at December 31, 2022(6,221,297)(6,209,324)
Total stockholders’ equity3,263,4362,541,493
Total liabilities and stockholders’ equity$ 15,178,653$ 14,089,260
Common stock, shares issued (in shares)128,454,856127,802,590
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.