FleetCor

OverviewSuggest Edit

Fleetcor Technologies provides specialized payment products and services to commercial fleets, oil companies, and petroleum marketers. The Company offers fuel card payments product solutions, corporate payments products, toll products, lodging cards and gift cards. Fleetcor's payment programs enable its customers to manage and control their commercial payments, card programs and employee spending. The Company also provides a suite of fleet related and workforce payment products, including mobile telematics services, fleet maintenance management and employee benefit and transportation-related payments.

TypePublic
Founded2000
HQNorcross, USMap
Websitefleetcor.com
Employee Ratings2.8More
View Jobs (170)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)7,580(-3%)
Job Openings170
Revenue (FY, 2018)$2.4 B(+9%)
Share Price (Nov 2019)$297.3 (+2%)

Key People/Management at FleetCor

Eric Dey

Eric Dey

Chief Financial Officer
Ron Clarke

Ron Clarke

Chief Executive Officer and Chairman of the Board of Directors
Scott Dufour

Scott Dufour

Chief Information Officer
John Coughlin

John Coughlin

Group President – Corporate Payments
Alexey Gavrilenya

Alexey Gavrilenya

Group President – North America Fuel
Armando Netto

Armando Netto

Group President – Brazil
Show more

FleetCor Office Locations

FleetCor has offices in Norcross, Wichita, Centro, Centro de Apoio I (Alphaville) and in 11 other locations
Norcross, US (HQ)
5445 Triangle Pkwy NW #400
Wichita, US
8111 E 32nd St N #300
Centro, BR
12º andar 128 Av. Rio Branco
Centro de Apoio I (Alphaville), BR
9th floor 4384 Av. Yojiro Takaoka
Vila Leopoldina, BR
1661 Av. Imperatriz Leopoldina
Toronto, CA
400 212 King St W
Show all (16)

FleetCor Financials and Metrics

FleetCor Revenue

FleetCor's revenue was reported to be $2.43 b in FY, 2018
USD

Revenue (Q3, 2019)

681.0m

Net income (Q3, 2019)

225.8m

EBIT (Q3, 2019)

329.1m

Market capitalization (15-Nov-2019)

25.8b

Closing stock price (15-Nov-2019)

297.3

Cash (30-Sep-2019)

1.1b

EV

28.1b
FleetCor's current market capitalization is $25.8 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

519.6m707.5m895.2m1.2b1.7b1.8b2.2b2.4b

Revenue growth, %

34%42%8%23%

Cost of goods sold

4.7m542.7m

Gross profit

702.8m1.7b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

146.2m171.8m186.9m193.7m220.9m404.6m451.5m414.3m417.9m577.9m585.5m1.2b619.6m622.0m647.1m681.0m

Cost of goods sold

6.9m

Gross profit

180.0m

Gross profit Margin, %

96%
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

285.2m283.6m338.1m477.1m447.2m475.0m913.6m1.0b

Accounts Receivable

481.8m525.4m573.4m673.8m639.0m164.9m1.4b1.4b

Prepaid Expenses

15.4m28.1m187.8m199.3m

Inventories

40.1m74.9m68.7m90.9m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

101.2m137.3m287.1m255.6m300.1m224.6m292.9m345.7m283.4m297.6m304.1m379.4m384.2m422.4m399.3m493.1m405.4m546.6m564.6m834.8m979.6m919.7m924.4m1.1b1.2b1.1b

Accounts Receivable

387.8m419.5m599.8m545.8m578.8m626.5m627.7m661.9m682.8m688.5m715.7m773.5m811.5m732.0m880.8m908.4m1.3b1.4b1.5b1.8b1.7b1.7b1.7b

Prepaid Expenses

36.9m18.1m17.3m17.5m25.6m24.9m27.1m253.0m202.1m202.0m196.5m278.1m

Current Assets

755.3m786.9m1.3b1.2b1.3b1.3b1.4b1.5b1.5b1.5b1.5b2.1b2.2b2.0b2.1b2.4b2.7b2.9b3.0b3.5b3.9b4.0b4.1b4.2b4.4b4.4b
show all
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

147.3m216.2m284.5m368.7m362.4m452.4m740.2m811.5m

Depreciation and Amortization

36.2m52.0m66.2m107.2m190.2m203.3m258.4m216.3m

Inventories

(74.0k)2.8m(13.0m)5.3m

Accounts Payable

322.3m27.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

69.0m109.6m42.1m96.5m156.1m64.7m137.8m216.4m75.1m163.7m259.2m94.2m192.8m309.6m110.0m224.2m357.0m123.7m254.7m457.5m174.9m351.8m509.5m172.1m433.8m659.6m

Depreciation and Amortization

17.2m26.2m11.7m23.3m36.9m14.6m30.5m43.7m23.1m46.2m70.5m47.3m95.3m143.0m35.3m82.4m138.2m63.3m126.5m198.7m70.2m137.6m38.2m15.1m30.6m205.7m

Accounts Payable

56.9m364.5m416.5m326.9m383.2m373.0m

Cash From Operating Activities

2.5m70.5m(113.9m)(36.8m)33.1m(13.7m)82.7m208.0m51.5m157.7m317.5m67.4m198.4m524.5m121.5m208.9m404.3m54.2m179.0m419.5m200.7m275.1m555.4m297.5m550.0m791.1m
show all
USDY, 2019

EV/EBIT

85.2 x

EV/CFO

35.5 x

Financial Leverage

3.1 x
Show all financial metrics

FleetCor Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

53

Data Centers

4 6 6

Transactions

652 m1.90 b2.20 b
Show all operating metrics

FleetCor Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
NvoicepayMarch 06, 2019$22 m

FleetCor Revenue Breakdown

Embed Graph

FleetCor revenue breakdown by business segment: 48.7% from Fuel, 14.5% from Tolls, 5.6% from Lodging, 11.6% from Corporate payments, 8.6% from Gift and 10.8% from Other

FleetCor revenue breakdown by geographic segment: 36.5% from International and 63.5% from North America

FleetCor Online and Social Media Presence

FleetCor's Trends

Embed Graph

FleetCor News and Updates

June 07, 2019

FLEETCOR INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $50,000 Investing In FleetCor Technologies, Inc. To Contact The Firm

NEW YORK, June 7, 2019 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FleetCor Technologies, Inc. ("FleetCor" or the "Company") (NYSE:FLT). If you invested in FleetCor stock or options and would like to discuss your...
June 06, 2019

FleetCor is operating the ‘largest clean energy fraud’ in U.S. history, says short seller

Just one day after CNBC’s Jim Cramer called it a ‘terrific’ buy-and-hold fintech play, noted short seller Andrew Left of Citron Research has issued a damning report on FleetCor Technologies Inc. that calls it the ‘largest clean energy fraud’ in U.S. history.
March 06, 2019

Fleetcor to buy AP automation firm Nvoicepay

Commercial payments outfit Fleetcor Technologies has struck a deal to buy accounts payable automatio...
July 31, 2018

SHAREHOLDER ALERT: Hynes Keller & Hernandez, LLC Announces Investigation of NantHealth, Inc. (NH) and FleetCor Technologies, Inc. (FLT)

NEW YORK, July 31, 2018 /PRNewswire/ -- Hynes Keller & Hernandez, LLC is investigating potential claims against the Board of Directors of NantHealth, Inc. (NASDAQ: NH) concerning possible breaches of fiduciary duty that the Company's founder, Patrick Soon-Shiong, allegedly donated funds...
July 23, 2018

Scott+Scott Attorneys at Law LLP Announces Investigation on Behalf of Shareholders of FleetCor Technologies, Inc. (NYSE: FLT)

NEW YORK, July 23, 2018 /PRNewswire/ -- Scott+Scott Attorneys at Law LLP ("Scott+Scott"), a national shareholder and consumer rights litigation firm, is investigating whether certain directors and officers of FleetCor Technologies, Inc. ("FleetCor" or the "Company") (NYSE: FLT) breached...

 FleetCor Frequently Asked Questions

  • When was FleetCor founded?

    FleetCor was founded in 2000.

  • Who are FleetCor key executives?

    FleetCor's key executives are Eric Dey, Ron Clarke and Scott Dufour.

  • How many employees does FleetCor have?

    FleetCor has 7,580 employees.

  • What is FleetCor revenue?

    Latest FleetCor annual revenue is $2.4 b.

  • What is FleetCor revenue per employee?

    Latest FleetCor revenue per employee is $321 k.

  • Who are FleetCor competitors?

    Competitors of FleetCor include Edenred, Ingenico Group and WEX.

  • Where is FleetCor headquarters?

    FleetCor headquarters is located at 5445 Triangle Pkwy NW #400, Norcross.

  • Where are FleetCor offices?

    FleetCor has offices in Norcross, Wichita, Centro, Centro de Apoio I (Alphaville) and in 11 other locations.

  • How many offices does FleetCor have?

    FleetCor has 16 offices.