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FLT

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

283.47USD+0.25 (+0.09%)Market Closed

Market Summary

FLT
USD283.47+0.25
Market Closed
0.09%

FLT Stock Price

View Fullscreen

FLT RSI Chart

FLT Valuation

Market Cap

19.9B

Price/Earnings (Trailing)

19.96

Price/Sales (Trailing)

5.25

EV/EBITDA

12.7

Price/Free Cashflow

14.06

FLT Price/Sales (Trailing)

FLT Profitability

EBT Margin

35.22%

Return on Equity

30.63%

Return on Assets

6.3%

Free Cashflow Yield

7.11%

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

52 Week Range

221.25287.67
(Low)(High)

Last 7 days

-5.1%

Last 30 days

-6.9%

Last 90 days

3.8%

Trailing 12 Months

24.3%

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
Get all data in R, Python etc through our Historical Stock Data APIs
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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 08, 2024
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM
sold off
-100
-21,292,100
-
 -%
May 08, 2024
Bell Investment Advisors, Inc
sold off
-100
-5,087
-
 -%
May 08, 2024
ISTHMUS PARTNERS, LLC
sold off
-100
-14,893,300
-
 -%
May 08, 2024
KBC Group NV
sold off
-100
-26,494,000
-
 -%
May 08, 2024
BNP Paribas Asset Management Holding S.A.
sold off
-100
-431,000
-
 -%
May 08, 2024
Heritage Wealth Advisors
sold off
-100
-2,261
-
 -%
May 08, 2024
ProShare Advisors LLC
sold off
-100
-4,546,060
-
 -%
May 08, 2024
AVANTAX ADVISORY SERVICES, INC.
sold off
-100
-440,872
-
 -%
May 08, 2024
TD Asset Management Inc
sold off
-100
-45,373,300
-
 -%
May 08, 2024
MAI Capital Management
sold off
-100
-287,697
-
 -%

1–10 of 50

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
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
Feb 14, 2023
orbis investment management ltd
6.5%
4,743,218
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
MSFT
3.1T
236.6B
 -3.28% 32.01%
35.56
12.95
 13.97% 24.86%
ADBE
216.2B
19.9B
 -2.05% 40.24%
45.04
10.85
 10.76% 1.35%
CRWD
75.9B
3.1B
 2.32% 137.65%
849.38
24.83
 36.33% 148.75%
SQ
45.1B
22.9B
 -8.48% 27.24%
90.57
1.97
 23.28% 240.37%
AKAM
15.6B
3.9B
 -4.62% 19.94%
24.93
4.02
 7.01% 28.42%
FFIV
10.0B
2.8B
 -12.76% 26.46%
20.11
3.6
 0.20% 52.82%
MID-CAP
ALTR
7.1B
619.6M
 0.54% 24.89%
738.63
11.42
 7.11% 116.83%
HCP
6.3B
583.1M
 21.51% 3.41%
-33.3
10.89
 22.54% 30.49%
ACIW
3.8B
1.5B
 6.89% 47.65%
26.11
2.58
 6.51% 54.77%
APPN
2.3B
560.0M
 -23.03% -15.53%
-21.58
4.14
 14.52% 34.67%
SMALL-CAP
CSGS
1.3B
1.2B
 -12.82% -12.13%
20.13
1.11
 3.70% 18.24%
ATEN
1.2B
254.7M
 13.22% 9.09%
25.23
4.53
 -7.51% 2.74%
BAND
570.1M
634.3M
 18.78% 89.93%
-19.53
0.9
 9.43% -197.31%
DTSS
18.8M
7.0M
 -12.01% -54.63%
-2.18
2.91
 -55.73% -45.27%
BLIN
13.4M
15.6M
 -5.84% 38.71%
-1.35
0.86
 -6.37% -5256.07%

FleetCor Technologies Inc News

Latest updates
MSN • 09 May 2024 • 03:53 pm
Fleetcor Technologies stock gains after Baird upgrades to Outperform
Yahoo Lifestyle UK • 08 May 2024 • 03:19 pm
Should You Investigate FLEETCOR Technologies, Inc. (NYSE:FLT) At US$221?
Yahoo Movies UK • 08 May 2024 • 11:00 am
Why Is FleetCor Technologies (FLT) Down 14% Since Last Earnings Report?
Yahoo Singapore News • 07 May 2024 • 05:15 pm
FleetCor Technologies (FLT) Down 24.2% Since Last Earnings Report: Can It Rebound?
Yahoo New Zealand News • 06 May 2024 • 05:53 am
Reasons to Add FLEETCOR Technologies (FLT) to Your Portfolio
Yahoo New Zealand News • 05 May 2024 • 12:00 pm
Reasons to Add FLEETCOR Technologies (FLT) to Your Portfolio
Yahoo Finance • 25 Mar 2024 • 07:00 am
Why FleetCor Technologies (FLT) is a Top Value Stock for the Long-Term
MarketWatch • 19 Mar 2024 • 07:00 am
FleetCor Technologies Inc. stock outperforms competitors on strong trading day
MarketWatch • 18 Mar 2024 • 07:00 am
FleetCor Technologies Inc. stock underperforms Monday when compared to competitors despite daily gains
MarketWatch • 3 months ago
FleetCor Technologies Inc. stock outperforms competitors on strong trading day

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

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended9 Months Ended12 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2023
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]        
Revenues, net$ 970,892$ 948,174$ 901,333$ 1,849,507$ 2,820,399$ 3,757,719$ 3,427,129$ 2,833,736
Expenses:        
Processing208,217205,265204,967410,232618,449819,908764,707559,819
Selling85,95486,41281,592168,004253,958340,157309,082262,118
General and administrative147,839159,356154,684314,040461,879603,424584,135485,830
Depreciation and amortization84,75083,67684,232167,908252,658336,604322,282284,197
Other operating, net(845)8156631,478633753282(784)
Operating income444,977412,650375,195787,8451,232,8221,656,8731,446,6411,242,556
Investment (gain) loss, net3018(190)(172)(142)(116)1,382(9)
Other (income) expense, net(13,432)(2,424)746(1,678)(15,110)(16,623)3,0033,858
Interest expense, net88,28588,48679,795168,281256,566348,607164,662113,705
Loss on extinguishment of debt     01,93416,194
Total other expense, net74,88386,08080,351166,431241,314331,868170,981133,748
Income before income taxes370,094326,570294,844621,414991,5081,325,0051,275,6601,108,808
Provision for income taxes98,59886,86880,009166,877265,475343,115321,333269,311
Net income$ 271,496$ 239,702$ 214,835$ 454,537$ 726,033$ 981,890$ 954,327$ 839,497
Earnings per share:        
Basic earnings per share (in dollars per share)$ 3.71$ 3.24$ 2.92$ 6.17$ 9.87$ 13.42$ 12.62$ 10.23
Diluted earnings per share (in dollars per share)$ 3.64$ 3.20$ 2.88$ 6.08$ 9.72$ 13.20$ 12.42$ 9.99
Weighted average shares outstanding:        
Basic shares (in shares)73,16573,88773,52173,70573,52373,15575,59882,060
Diluted shares (in shares)74,60475,00174,48374,76374,73374,38776,86284,061

FLT Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 1,389,648$ 1,435,163
Restricted cash1,751,887854,017
Accounts and other receivables (less allowance for credit losses of $180,163 at December 31, 2023 and $149,846 at December 31, 2022)2,161,5862,064,745
Securitized accounts receivable—restricted for securitization investors1,307,0001,287,000
Prepaid expenses and other current assets474,144465,227
Total current assets7,084,2656,106,152
Property and equipment, net343,154294,692
Goodwill5,644,9585,201,435
Other intangibles, net2,085,6632,130,974
Investments69,52174,281
Other assets248,691281,726
Total assets15,476,25214,089,260
Current liabilities:  
Accounts payable1,624,9951,568,942
Accrued expenses356,118351,936
Customer deposits2,397,2791,505,004
Securitization facility1,307,0001,287,000
Current portion of notes payable and lines of credit819,7491,027,056
Other current liabilities320,612303,517
Total current liabilities6,825,7536,043,455
Notes payable and other obligations, less current portion4,596,1564,722,838
Deferred income taxes470,232527,465
Other noncurrent liabilities301,752254,009
Total noncurrent liabilities5,368,1405,504,312
Commitments and contingencies (Note 15)
Stockholders’ equity:  
Common stock, $0.001 par value; 475,000,000 shares authorized; 128,759,639 shares issued and 71,715,804 shares outstanding at December 31, 2023; and 127,802,590 shares issued and 73,356,709 shares outstanding at December 31, 2022129128
Additional paid-in capital3,266,1853,049,570
Retained earnings8,192,6597,210,769
Accumulated other comprehensive loss(1,289,099)(1,509,650)
Less treasury stock (57,043,835 shares and 54,445,881 shares at December 31, 2023 and 2022, respectively)(6,887,515)(6,209,324)
Total stockholders’ equity3,282,3592,541,493
Total liabilities and stockholders’ equity$ 15,476,252$ 14,089,260

About FleetCor Technologies Inc

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 Thu May 09 2024, market cap of FleetCor Technologies Inc is 19.93 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 Thu May 09 2024, FLT's PE ratio (Price to Earnings) is 20 and Price to Sales (PS) ratio is 5.26. 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 0.086 (multiply by 100 for percentage) rate of return.