FleetCor Technologies, Inc. provides commercial payment solutions in North America, Latin America, Europe, and Australasia.
Excellent balance sheet with acceptable track record.
Share Price & News
How has FleetCor Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FLT has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FLT exceeded the US IT industry which returned 37.4% over the past year.
Return vs Market: FLT exceeded the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is FleetCor Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StFleetCor Technologies, Inc. Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
2 weeks ago | Simply Wall StAnnouncing: FleetCor Technologies (NYSE:FLT) Stock Increased An Energizing 118% In The Last Five Years
3 weeks ago | Simply Wall StDo FleetCor Technologies's (NYSE:FLT) Earnings Warrant Your Attention?
Is FleetCor Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FLT ($320.57) is trading below our estimate of fair value ($352.14)
Significantly Below Fair Value: FLT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FLT is good value based on its PE Ratio (30.9x) compared to the IT industry average (33.1x).
PE vs Market: FLT is poor value based on its PE Ratio (30.9x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: FLT is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: FLT is overvalued based on its PB Ratio (7.4x) compared to the US IT industry average (4.3x).
How is FleetCor Technologies forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLT's forecast earnings growth (12.2% per year) is above the savings rate (1.7%).
Earnings vs Market: FLT's earnings (12.2% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: FLT's earnings are forecast to grow, but not significantly.
Revenue vs Market: FLT's revenue (9.3% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: FLT's revenue (9.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLT's Return on Equity is forecast to be high in 3 years time (22.4%)
How has FleetCor Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLT has high quality earnings.
Growing Profit Margin: FLT's current net profit margins (33.8%) are higher than last year (33.3%).
Past Earnings Growth Analysis
Earnings Trend: FLT's earnings have grown significantly by 22% per year over the past 5 years.
Accelerating Growth: FLT's earnings growth over the past year (10.3%) is below its 5-year average (22% per year).
Earnings vs Industry: FLT earnings growth over the past year (10.3%) underperformed the IT industry 12%.
Return on Equity
High ROE: Whilst FLT's Return on Equity (24.12%) is high, this metric is skewed due to their high level of debt.
Return on Assets
Return on Capital Employed
How is FleetCor Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: FLT's short term assets ($4.6B) exceed its short term liabilities ($4.4B).
Long Term Liabilities: FLT's short term assets ($4.6B) exceed its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: FLT's debt to equity ratio (133.1%) is considered high.
Reducing Debt: FLT's debt to equity ratio has reduced from 137.1% to 133.1% over the past 5 years.
Debt Coverage: FLT's debt is well covered by operating cash flow (23.5%).
Interest Coverage: FLT's interest payments on its debt are well covered by EBIT (8.2x coverage).
Inventory Level: FLT has a low level of unsold assets or inventory.
Debt Coverage by Assets: FLT's debt is not covered by short term assets (assets are 0.9x debt).
What is FleetCor Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate FLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FLT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FLT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FLT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FLT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ron Clarke (62yo)
Mr. Ronald F. Clarke, also known as Ron, has been the Chairman of FleetCor Technologies, Inc. since March 2003 and its Chief Executive Officer and President since August 2000. He serves as a Member of Advi ...
CEO Compensation Analysis
Compensation vs Market: Ron's total compensation ($USD7.76M) is about average for companies of similar size in the US market ($USD10.78M).
Compensation vs Earnings: Ron's compensation has been consistent with company performance over the past year.
|CFO & Corporate Secretary||17.3yrs||US$865.50k||0.022% $6.1m|
|President of Brazil||5.7yrs||US$1.98m||0.011% $3.1m|
|Global Chief Information Officer||1yrs||no data||0.0010% $276.3k|
|Head of investor relations||2.1yrs||no data||no data|
|Senior Vice President and General Counsel||0yrs||no data||no data|
|Executive Vice President of Corporate Development & Strategy||0.2yrs||no data||no data|
|Executive Vice President of Strategic Partnerships||0yrs||no data||no data|
|Group President of Payables||0.5yrs||US$5.05m||0.020% $5.4m|
|Managing Director of Canada Region||5.7yrs||no data||no data|
Experienced Management: FLT's management team is considered experienced (3.9 years average tenure).
|Independent Director||19.3yrs||US$259.68k||0.024% $6.4m|
|Independent Director||6.6yrs||US$259.68k||0.021% $5.9m|
|Independent Director||5.3yrs||US$309.68k||0.0050% $1.4m|
|Independent Director||9.6yrs||US$309.68k||0.018% $4.8m|
|Independent Director||16.9yrs||US$259.68k||0.12% $31.6m|
|Independent Director||2.8yrs||US$259.68k||0.0055% $1.5m|
|Independent Director||6.6yrs||US$259.68k||0.016% $4.3m|
|Independent Director||5.8yrs||US$309.68k||0.014% $3.9m|
Experienced Board: FLT's board of directors are considered experienced (6.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FleetCor Technologies, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: FleetCor Technologies, Inc.
- Ticker: FLT
- Exchange: NYSE
- Founded: 1986
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$27.358b
- Shares outstanding: 85.34m
- Website: https://www.fleetcor.com
Number of Employees
- FleetCor Technologies, Inc.
- 5445 Triangle Parkway
- Suite 400
- Peachtree Corners
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FLT||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 2010|
|07G||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2010|
|0IPN||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Dec 2010|
|FLT *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 2010|
|FLTC34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REP 0.25 COM USD0.001||BR||BRL||May 2019|
FleetCor Technologies, Inc. provides commercial payment solutions in North America, Latin America, Europe, and Australasia. The company offers fuel payment solutions to businesses and government entities that operate vehicle fleets, as well as to oil and leasing companies, and fuel marketers. Its fuel payment products are in the form of plastic cards, electronic RFID tags, and paper vouchers to purchase fuel, oil, vehicle maintenance supplies and services, and building supplies. The company also provides lodging payment solutions to businesses that have employees who travel overnight for work purposes. In addition, it offers electronic toll and parking payments products to businesses and consumers in the form of RFID tags affixed to vehicles’ windshields; and prepaid paper vouchers as a means of payment on toll roads. Further, the company provides corporate payments solutions with vertical-specific applications, which enable its customers to manage and control electronic payments across their enterprise, optimize corporate spending, and offer innovative services that enhance employee efficiency and customer loyalty. Its primary corporate payments products include virtual cards, purchasing cards, travel and entertainment cards, payroll cards, and cross-border payment facilitation. Additionally, it offers gift card product management and processing services, such as 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. The company also provides vehicle maintenance, employee benefit payment, and long haul transportation-related services. The company markets its products and services through field sales, telesales, direct marketing, point-of-sale marketing, and the Internet. FleetCor Technologies, Inc. was founded in 1986 and is headquartered in Peachtree Corners, Georgia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 01:39|
|End of Day Share Price||2020/02/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.