NYSE:FLT

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FLEETCOR Technologies

Executive Summary

FLEETCOR Technologies, Inc. operates as a business payments company that simplifies the way businesses manage and pay expenses. More Details


Snowflake Analysis

Mediocre balance sheet with questionable track record.


Similar Companies

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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: FLT's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.1%

FLT

-3.5%

US IT

-3.2%

US Market


1 Year Return

6.6%

FLT

39.3%

US IT

38.9%

US Market

Return vs Industry: FLT underperformed the US IT industry which returned 38.4% over the past year.

Return vs Market: FLT underperformed the US Market which returned 37.1% over the past year.


Shareholder returns

FLTIndustryMarket
7 Day4.1%-3.5%-3.2%
30 Day8.5%4.0%-0.8%
90 Day5.8%5.0%3.1%
1 Year6.6%6.6%40.7%39.3%42.0%38.9%
3 Year41.7%41.7%98.3%90.9%60.6%50.3%
5 Year105.6%105.6%211.4%189.6%128.0%102.5%

Long-Term 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

Valuation

Is FLEETCOR Technologies undervalued compared to its fair value and its price relative to the market?

33.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FLT ($283.09) is trading above our estimate of fair value ($247.09)

Significantly Below Fair Value: FLT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FLT is good value based on its PE Ratio (33.8x) compared to the US IT industry average (36.4x).

PE vs Market: FLT is poor value based on its PE Ratio (33.8x) compared to the US market (21.7x).


Price to Earnings Growth Ratio

PEG Ratio: FLT is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: FLT is overvalued based on its PB Ratio (7.1x) compared to the US IT industry average (5.2x).


Next Steps

Future Growth

How is FLEETCOR Technologies forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

17.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLT's forecast earnings growth (17.3% per year) is above the savings rate (2%).

Earnings vs Market: FLT's earnings (17.3% per year) are forecast to grow slower than the US market (20.3% per year).

High Growth Earnings: FLT's earnings are forecast to grow, but not significantly.

Revenue vs Market: FLT's revenue (10.2% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: FLT's revenue (10.2% 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 (24.8%)


Next Steps

Past Performance

How has FLEETCOR Technologies performed over the past 5 years?

15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLT has high quality earnings.

Growing Profit Margin: FLT's current net profit margins (29.5%) are lower than last year (33.8%).


Past Earnings Growth Analysis

Earnings Trend: FLT's earnings have grown by 15.8% per year over the past 5 years.

Accelerating Growth: FLT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FLT had negative earnings growth (-21.3%) over the past year, making it difficult to compare to the IT industry average (5.9%).


Return on Equity

High ROE: Whilst FLT's Return on Equity (20.99%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is FLEETCOR Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: FLT's short term assets ($4.0B) do not cover its short term liabilities ($4.0B).

Long Term Liabilities: FLT's short term assets ($4.0B) exceed its long term liabilities ($3.9B).


Debt to Equity History and Analysis

Debt Level: FLT's debt to equity ratio (126.2%) is considered high.

Reducing Debt: FLT's debt to equity ratio has increased from 103.5% to 126.2% over the past 5 years.

Debt Coverage: FLT's debt is well covered by operating cash flow (34.6%).

Interest Coverage: FLT's interest payments on its debt are well covered by EBIT (9.7x coverage).


Balance Sheet


Next Steps

Dividend

What is FLEETCOR Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FLT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

Ron Clarke (64 yo)

20.5yrs

Tenure

US$11,504,313

Compensation

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 ($USD11.50M) is about average for companies of similar size in the US market ($USD10.44M).

Compensation vs Earnings: Ron's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ronald Clarke
Chairman20.5yrsUS$11.50mno data
John Coughlin
Group President of Corporate Payments1.5yrsUS$2.83m0.023%
$ 5.5m
Armando Netto
Group President of Brazil6.67yrsUS$3.34m0.016%
$ 4.0m
Alan King
Group President of Europe4.5yrsUS$2.10m0.0065%
$ 1.6m
Charles Freund
Chief Financial Officer0.42yrUS$1.43m0.021%
$ 5.2m
Alissa Vickery
Chief Accounting Officer4.58yrsno data0.00035%
$ 85.0k
Scott Dufour
Chief Information Officer2yrsno data0.0010%
$ 252.5k
James Eglseder
Head of Investor Relations3.08yrsno datano data
Daniel Fishbein
General Counselno datano datano data
Steve Greene
Executive Vice President of Corporate Development & Strategy1.17yrsno datano data
Dan Csont
Chief Marketing Officer0.42yrno datano data
Crystal Williams
Chief Human Resources Officer4.08yrsno datano data

3.1yrs

Average Tenure

49yo

Average Age

Experienced Management: FLT's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ronald Clarke
Chairman20.5yrsUS$11.50mno data
Steven Stull
Independent Director20.33yrsUS$250.02k0.030%
$ 7.3m
Archie Jones
Director0.25yrno data0.0011%
$ 279.2k
Michael Buckman
Independent Director7.58yrsUS$250.02k0.023%
$ 5.6m
Thomas Hagerty
Independent Director6.25yrsUS$300.02k0.0072%
$ 1.7m
Richard Macchia
Independent Director10.58yrsUS$300.02k0.015%
$ 3.6m
Mark Johnson
Independent Director17.92yrsUS$250.02k0.10%
$ 24.6m
Hala Moddelmog
Independent Director3.83yrsUS$250.02k0.0058%
$ 1.4m
Jeffrey Sloan
Independent Director7.58yrsUS$250.02k0.014%
$ 3.3m
Joseph Farrelly
Independent Director6.83yrsUS$300.02k0.016%
$ 3.8m

7.6yrs

Average Tenure

64yo

Average Age

Experienced Board: FLT's board of directors are considered experienced (7.6 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

FLEETCOR Technologies, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: FLEETCOR Technologies, Inc.
  • Ticker: FLT
  • Exchange: NYSE
  • Founded: 1986
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: US$24.279b
  • Shares outstanding: 83.67m
  • Website: https://www.fleetcor.com

Number of Employees


Location

  • FLEETCOR Technologies, Inc.
  • 3280 Peachtree Road
  • Suite 2400
  • Atlanta
  • Georgia
  • 30305
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLTNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 2010
07GDB (Deutsche Boerse AG)YesCommon StockDEEURDec 2010
0IPNLSE (London Stock Exchange)YesCommon StockGBUSDDec 2010
FLT *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNDec 2010
FLTC34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 4 REP 1 COMBRBRLMay 2019

Biography

FLEETCOR Technologies, Inc. operates as a business payments company that simplifies the way businesses manage and pay expenses. The company’s portfolio of brands help companies automate, secure, digitize, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/25 23:16
End of Day Share Price2021/02/25 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.