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FLT

FLT - FleetCor Technologies Inc Stock Price, Fair Value and News

279.66USD-3.20 (-1.13%)Market Closed

Market Summary

FLT
USD279.66-3.20
Market Closed
-1.13%

FLT Stock Price

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FLT RSI Chart

FLT Valuation

Market Cap

19.7B

Price/Earnings (Trailing)

19.71

Price/Sales (Trailing)

5.18

EV/EBITDA

12.51

Price/Free Cashflow

13.88

FLT Price/Sales (Trailing)

FLT Profitability

EBT Margin

35.22%

Return on Equity

30.63%

Return on Assets

6.3%

Free Cashflow Yield

7.2%

FLT Fundamentals

FLT Revenue

Revenue (TTM)

3.8B

Rev. Growth (Yr)

3.76%

Rev. Growth (Qtr)

-0.22%

FLT Earnings

Earnings (TTM)

996.8M

Earnings Growth (Yr)

6.95%

Earnings Growth (Qtr)

-10.2%

Breaking Down FLT Revenue

Last 7 days

-1.3%

Last 30 days

-5.6%

Last 90 days

3.0%

Trailing 12 Months

19.1%

How does FLT drawdown profile look like?

FLT Financial Health

Current Ratio

1.07

FLT Investor Care

Buy Backs (1Y)

4.83%

Diluted EPS (TTM)

13.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.8B000
20233.5B3.6B3.7B3.8B
20223.0B3.2B3.3B3.4B
20212.3B2.5B2.6B2.8B
20202.7B2.6B2.5B2.4B
20192.5B2.5B2.6B2.6B
20182.3B2.4B2.4B2.4B
20171.9B2.1B2.2B2.2B
20161.7B1.7B1.7B1.8B
20151.4B1.5B1.6B1.7B
2014955.4M1.0B1.1B1.2B
2013755.0M804.1M842.3M895.2M
2012554.8M592.4M645.1M707.5M
2011440.6M463.4M486.0M519.6M
2010374.0M394.0M413.9M433.8M
2009000354.1M
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Tracking the Latest Insider Buys and Sells of FleetCor Technologies Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 12, 2024
vickery alissa b
sold (taxes)
-11,153
293
-38.00
chief accounting officer
Mar 11, 2024
clarke ronald
acquired
11,490,000
114
100,000
ceo & chairman of bod
Mar 11, 2024
clarke ronald
sold (taxes)
-19,545,500
293
-66,590
ceo & chairman of bod
Mar 07, 2024
vickery alissa b
sold
-811,130
290
-2,794
chief accounting officer
Mar 07, 2024
vickery alissa b
acquired
1,743,500
174
10,000
chief accounting officer
Mar 07, 2024
king alan
acquired
761,550
152
5,000
group president, global fleet
Mar 07, 2024
vickery alissa b
sold (taxes)
-2,091,980
290
-7,206
chief accounting officer
Mar 07, 2024
king alan
sold
-2,034,350
290
-7,004
group president, global fleet
Mar 05, 2024
clarke ronald
sold
-33,377,700
281
-118,428
ceo & chairman of bod
Mar 05, 2024
clarke ronald
acquired
23,603,600
149
157,694
ceo & chairman of bod

1–10 of 50

Which funds bought or sold FLT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
VISTA INVESTMENT PARTNERS LLC
sold off
-100
-1,558,310
-
-%
May 16, 2024
Tidal Investments LLC
sold off
-100
-906,048
-
-%
May 16, 2024
COMERICA BANK
sold off
-100
-10,404,600
-
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
sold off
-100
-31,287,800
-
-%
May 16, 2024
JANE STREET GROUP, LLC
sold off
-100
-2,821,860
-
-%
May 16, 2024
Beacon Capital Management, LLC
sold off
-100
-5,107
-
-%
May 15, 2024
TWO SIGMA SECURITIES, LLC
sold off
-100
-232,305
-
-%
May 15, 2024
Balentine LLC
sold off
-100
-508,415
-
-%
May 15, 2024
Royal Bank of Canada
sold off
-100
-33,627,000
-
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
sold off
-100
-23,916,700
-
-%

1–10 of 47

Are Funds Buying or Selling FLT?

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

Unveiling FleetCor Technologies Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 10, 2024
blackrock inc.
6.9%
4,961,974
SC 13G/A
Apr 05, 2024
blackrock inc.
0.0%
27,233
SC 13G/A
Feb 15, 2024
clarke ronald
5.6%
4,105,695
SC 13G
Feb 14, 2024
price t rowe associates inc /md/
5.8%
4,219,826
SC 13G
Feb 14, 2024
orbis investment management ltd
6.8%
4,858,968
SC 13G/A
Feb 13, 2024
vanguard group inc
10.90%
7,867,186
SC 13G/A
Feb 08, 2024
wellington management group llp
6.49%
4,683,613
SC 13G/A
Jan 26, 2024
blackrock inc.
6.9%
5,012,282
SC 13G/A
Jan 08, 2024
jpmorgan chase & co
5.3%
3,831,619
SC 13G
Feb 17, 2023
clarke ronald
5.4%
4,098,950
SC 13G

Recent SEC filings of FleetCor Technologies Inc

View All Filings
Date Filed Form Type Document
May 10, 2024
SC 13G/A
Major Ownership Report
May 09, 2024
10-Q
Quarterly Report
May 08, 2024
8-K
Current Report
Apr 26, 2024
ARS
ARS
Apr 26, 2024
DEF 14A
DEF 14A
Apr 26, 2024
DEFA14A
DEFA14A
Apr 05, 2024
SC 13G/A
Major Ownership Report
Mar 14, 2024
4
Insider Trading
Mar 13, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading

Peers (Alternatives to FleetCor Technologies Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.1T
236.6B
2.04% 31.94%
36.24
13.2
13.97% 24.86%
216.6B
19.9B
1.92% 34.16%
45.12
10.87
10.76% 1.35%
82.6B
3.1B
17.82% 143.95%
924.45
27.03
36.33% 148.75%
44.6B
22.9B
-1.67% 21.44%
89.43
1.95
23.28% 240.37%
14.5B
3.9B
-5.09% 8.50%
23.17
3.74
7.01% 28.42%
10.2B
2.8B
-3.92% 22.69%
20.48
3.67
0.20% 52.82%
MID-CAP
7.5B
619.6M
12.28% 29.55%
779.75
12.06
7.11% 116.83%
6.4B
583.1M
40.42% 1.19%
-33.59
10.98
22.54% 30.49%
4.0B
1.5B
19.09% 52.81%
27.07
2.67
6.51% 54.77%
2.4B
560.0M
-6.27% -15.47%
-22.61
4.34
14.52% 34.67%
SMALL-CAP
1.3B
1.2B
-10.96% -12.92%
19.76
1.09
3.70% 18.24%
1.2B
254.7M
26.48% 15.07%
26.36
4.73
-7.51% 2.74%
590.0M
634.3M
29.78% 103.56%
-20.22
0.93
9.43% -197.31%
20.5M
23.3M
-8.22% -61.16%
-1.79
0.88
336.57% -92.79%
13.0M
15.3M
- 31.58%
-1.29
0.85
-7.99% -1417.41%

FleetCor Technologies Inc News

Latest updates
Yahoo Movies UK16 May 202407:46 am
Yahoo Lifestyle UK13 May 202410:46 am
Yahoo Movies Canada13 May 202405:02 am
Yahoo New Zealand News10 May 202401:20 am
Yahoo New Zealand News04 May 202402:38 am
Business Wire25 Mar 202407:00 am

FleetCor Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.2%935937971948901884893861789802755667609617585525661699681647622
  S&GA Expenses9.3%94.0086.0086.0086.0082.0079.0074.0079.0077.0076.0071.0063.0052.0048.0047.0042.0056.0052.0052.0052.0049.00
EBITDA Margin-0.8%0.35*0.35*0.35*0.36*0.39*0.42*0.44*0.45*0.45*0.45*0.46*0.46*0.46*--------
Interest Expenses3.2%-89.09-92.04-88.28-88.49-79.79-74.15-45.41-23.07-22.03-21.44-29.03-34.68-28.55-30.33-31.38-32.41-35.68-34.96-36.50-39.53-39.05
Income Taxes-2.8%75.0078.0099.0087.0080.0072.0091.0081.0077.0077.0074.0066.0051.0053.0047.0053.0025.0063.0067.00-4.3957.00
Earnings Before Taxes-8.5%305333370327295297340344295302308263236263235212172299293257229
EBT Margin-0.1%0.35*0.35*0.35*0.35*0.36*0.37*0.38*0.39*0.39*0.39*0.40*0.40*0.40*--------
Net Income-10.2%230256271240215225249262218225234196218210189158147236226262172
Net Income Margin0.6%0.26*0.26*0.26*0.26*0.27*0.28*0.29*0.29*0.29*0.31*0.32*0.33*0.33*--------
Free Cashflow-54.5%309680247179841272356119-14356021425258.00--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.3%15,83015,47615,66915,44115,13714,08914,48614,71014,22113,40513,45413,02711,42711,19511,09410,62711,31012,24911,91411,97611,515
  Current Assets5.0%7,4377,0847,2647,1866,9086,1066,5866,8236,1765,4885,5245,2544,2853,9563,9713,4644,1294,6194,4404,3864,172
    Cash Equivalents130.5%3,2031,3902,7962,9842,8191,4352,3012,3562,0892,2512,0092,0591,4321,4771,3711,1911,5521,6751,4661,4891,373
  Net PPE2.5%352343330329310295273261254236221217200203190186183200186190186
  Goodwill0.5%5,6745,6455,5545,4745,3805,2015,0695,0765,1815,0795,1025,0584,6934,7194,6144,5824,5844,8334,7074,720-
  Current Liabilities1.8%6,9516,8267,1426,6986,7526,0436,6386,4326,0925,2905,6664,9804,3143,9684,1963,6274,4604,4633,9794,7494,562
Shareholder's Equity-0.9%3,2543,2823,0593,2632,8822,5412,2272,6882,9042,8673,1753,4893,2963,3552,9382,9662,7963,7123,9003,8433,531
  Retained Earnings2.8%8,4228,1937,9377,6657,4267,2116,9856,7376,4746,2566,0315,7975,6015,4175,2075,0184,8604,7134,4774,2513,990
  Additional Paid-In Capital3.5%3,3823,2663,2273,1773,1093,0503,0022,9642,9202,8792,8502,8212,7952,7502,7132,6912,6572,4952,5042,4282,382
Shares Outstanding-0.4%71.0072.0074.0074.0074.0073.0074.0077.0078.0082.0083.0083.00---------
Float----18,018---15,493---20,626---20,742---23,926-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-51.1%350717286221878316397154-11259824327978.00258413382420371241253297
  Share Based Compensation-4.5%25.0026.0029.0035.0026.0021.0034.0034.0033.0028.0016.0018.0018.008.0012.009.0014.0015.0015.0018.0013.00
Cashflow From Investing-191.8%-102-35.08-144-42.19-159-100-167-33.12-67.25-94.14-458-99.80-63.24-31.64-37.25-18.64-18.72-140-100-268-14.51
Cashflow From Financing60.0%-158-396-259-24.10-217-271-162172-49.82-235221375-16.58-194-189-717-314-49.70-108121-272
  Buy Backs106.4%2891405352.0010.0011050037342353340625516262.0023127.0053063655.001.003.00
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FLT Income Statement

2024-03-31
Unaudited Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenues, net$ 935,251$ 901,333
Expenses:  
Processing207,411204,967
Selling94,18881,592
General and administrative151,262154,684
Depreciation and amortization84,76084,232
Other operating, net292663
Operating income397,338375,195
Other expenses:  
Investment gain(167)(190)
Other expense, net3,127746
Interest expense, net89,08879,795
Total other expense92,04880,351
Income before income taxes305,290294,844
Provision for income taxes75,48780,009
Net income229,803214,835
Less: Net income attributable to noncontrolling interest340
Net income attributable to Corpay$ 229,769$ 214,835
Basic earnings per share attributable to Corpay (in dollars per share)$ 3.20$ 2.92
Diluted earnings per share attributable to Corpay (in dollars per share)$ 3.12$ 2.88
Weighted average shares outstanding:  
Basic (in shares)71,76973,521
Diluted (in shares)73,54574,483

FLT Balance Sheet

2024-03-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 1,311,949$ 1,389,648
Restricted cash1,890,7271,751,887
Accounts and other receivables (less allowance for credit losses of $184,887 at March 31, 2024 and $180,163 at December 31, 2023)2,376,0032,161,586
Securitized accounts receivable—restricted for securitization investors1,421,0001,307,000
Prepaid expenses and other current assets437,687474,144
Total current assets7,437,3667,084,265
Property and equipment, net351,831343,154
Goodwill5,673,7325,644,958
Other intangibles, net2,033,1062,085,663
Investments68,29969,521
Other assets265,797248,691
Total assets15,830,13115,476,252
Current liabilities:  
Accounts payable1,849,9581,624,995
Accrued expenses408,661356,118
Customer deposits2,534,3492,397,279
Securitization Facility1,421,0001,307,000
Current portion of notes payable and lines of credit480,433819,749
Other current liabilities256,527320,612
Total current liabilities6,950,9286,825,753
Notes payable and other obligations, less current portion4,862,6214,596,156
Deferred income taxes473,250470,232
Other noncurrent liabilities261,062301,752
Total noncurrent liabilities5,596,9335,368,140
Commitments and contingencies (Note 12)
Stockholders’ equity:  
Common stock, $0.001 par value; $475,000,000 shares authorized; 129,604,492 shares issued and 71,463,894 shares outstanding at March 31, 2024; and $128,759,639 shares issued and $71,715,804 shares outstanding at December 31, 2023130129
Additional paid-in capital3,382,0013,266,185
Retained earnings8,422,4288,192,659
Accumulated other comprehensive loss(1,340,847)(1,289,099)
Less treasury stock, $58,140,598 shares at March 31, 2024 and $57,043,835 shares at December 31, 2023(7,209,291)(6,887,515)
Total Corpay stockholders’ equity3,254,4213,282,359
Noncontrolling interest27,8490
Total equity3,282,2703,282,359
Total liabilities and equity$ 15,830,131$ 15,476,252
FLT
FLEETCOR Technologies, Inc., a business payments company that helps businesses spend less by enabling them to manage their expense-related purchasing and vendor payments processes. 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 vehicle and mobility 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, the company 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. It 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.
 CEO
 WEBSITEfleetcor.com
 INDUSTRYSoftware - Infra
 EMPLOYEES9900

FleetCor Technologies Inc Frequently Asked Questions


What is the ticker symbol for FleetCor Technologies Inc? What does FLT stand for in stocks?

FLT is the stock ticker symbol of FleetCor Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of FleetCor Technologies Inc (FLT)?

As of Fri May 17 2024, market cap of FleetCor Technologies Inc is 19.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FLT stock?

You can check FLT's fair value in chart for subscribers.

What is the fair value of FLT stock?

You can check FLT's fair value in chart for subscribers. The fair value of FleetCor Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of FleetCor Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FLT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is FleetCor Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether FLT is over valued or under valued. Whether FleetCor Technologies Inc is cheap or expensive depends on the assumptions which impact FleetCor Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FLT.

What is FleetCor Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, FLT's PE ratio (Price to Earnings) is 19.71 and Price to Sales (PS) ratio is 5.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FLT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on FleetCor Technologies Inc's stock?

In the past 10 years, FleetCor Technologies Inc has provided 0.088 (multiply by 100 for percentage) rate of return.