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, GA, USMap
Websitefleetcor.com
Employee Ratings3.7More
Overall CultureFMore
View Jobs (265)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)8,700(+15%)
Job Openings265
Revenue (FY, 2020)$2.4 B(-9%)
Share Price (May 2021)$268.7
Cybersecurity ratingCMore

Key People/Management at FleetCor

Ron Clarke

Ron Clarke

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

Scott duFour

Chief Information Officer
Charles Freund

Charles Freund

Chief Financial Officer
John Coughlin

John Coughlin

Group President – Corporate Payments
Dan Csont

Dan Csont

Chief Marketing Officer
Alexey Gavrilenya

Alexey Gavrilenya

Group President – North America Fuel
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FleetCor Office Locations

FleetCor has offices in Norcross, Atlanta, Wichita, Centro and in 12 other locations
Norcross, GA, US (HQ)
5445 Triangle Pkwy NW #400
Atlanta, GA, US
3280 Peachtree Rd #2400
Wichita, KS, 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
Show all (17)

FleetCor Financials and Metrics

FleetCor Revenue

FleetCor's revenue was reported to be $2.39 b in FY, 2020
USD

Revenue (FY, 2020)

2.4b

Net income (FY, 2020)

704.2m

EBIT (FY, 2020)

972.3m

Market capitalization (13-May-2021)

22.4b

Closing stock price (13-May-2021)

268.7

Cash (31-Dec-2020)

934.9m

EV

25.2b
FleetCor's current market capitalization is $22.4 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

519.6m707.5m895.2m1.2b1.7b1.8b2.2b2.4b2.6b2.4b

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, 2019Q1, 2020Q2, 2020

Revenue

146.2m171.8m186.9m193.7m220.9m404.6m451.5m414.3m417.9m577.9m585.5m1.2b619.6m622.0m647.1m681.0m661.1m525.0m

Cost of goods sold

6.9m

Gross profit

180.0m

Gross profit Margin, %

96%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

285.2m283.6m338.1m477.1m447.2m475.0m913.6m1.0b1.3b934.9m

Accounts Receivable

481.8m525.4m573.4m673.8m639.0m164.9m1.4b1.4b1.6b1.4b

Prepaid Expenses

15.4m28.1m187.8m199.3m403.4m412.9m

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, 2019Q1, 2020Q2, 2020

Cash

101.2m137.3m287.1m255.6m300.1m224.6m292.9m345.7m283.4m297.6m304.1m379.4m384.2m422.4m399.3m493.1m405.4m546.6m564.6m834.8m979.6m919.7m924.4m1.1b1.2b1.1b1.1b765.8m

Accounts Receivable

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

Prepaid Expenses

36.9m18.1m17.3m17.5m25.6m24.9m27.1m253.0m202.1m202.0m196.5m278.1m419.7m339.4m

Current Assets

755.3m786.9m1.3b1.2b1.3b1.3b1.4b1.5b1.5b1.5b1.5b2.1b2.2b2.0b2.1b2.4b2.7b2.9b3.0b3.5b3.9b4.0b4.1b4.2b4.4b4.4b4.1b3.5b
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

147.3m216.2m284.5m368.7m362.4m452.4m740.2m811.5m895.1m704.2m

Depreciation and Amortization

36.2m52.0m66.2m107.2m190.2m203.3m258.4m216.3m62.8m65.2m

Inventories

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

Accounts Payable

322.3m27.4m198.8m90.0m
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, 2019Q1, 2020Q2, 2020Q1, 2021

Net Income

69.0m109.6m42.1m96.5m156.1m64.7m137.8m216.4m75.1m163.7m259.2m94.2m192.8m309.6m110.0m224.2m357.0m123.7m254.7m457.5m174.9m351.8m509.5m172.1m433.8m659.6m147.1m305.5m184.2m

Depreciation and Amortization

17.2m26.2m11.7m23.3m36.9m14.6m30.5m43.7m23.1m46.2m70.5m47.3m95.3m143.0m35.3m82.4m138.2m63.3m126.5m198.7m70.2m137.6m38.2m15.1m30.6m205.7m64.5m31.6m65.7m

Accounts Payable

56.9m364.5m416.5m326.9m383.2m373.0m(27.6m)(161.5m)202.9m

Cash From Operating Activities

2.5m70.5m(113.9m)(36.8m)33.1m(13.7m)82.7m208.0m51.5m157.7m317.5m67.4m198.4m524.5m121.5m208.9m404.3m54.2m179.0m419.5m200.7m275.1m555.4m297.5m550.0m791.1m420.0m802.2m77.9m
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USDQ2, 2011

Financial Leverage

2.3 x
Show all financial metrics

FleetCor Operating Metrics

FY, 2014FY, 2015FY, 2016

Countries

53

Data Centers

466

Transactions

652 m1.9 b2.2 b
Show all operating metrics

FleetCor Acquisitions / Subsidiaries

Company NameDateDeal 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

Learn more about our premium products
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FleetCor Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
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FleetCor Online and Social Media Presence

FleetCor's Trends

Embed Graph

FleetCor Company Culture

  • Overall Culture

    F

    44/100

  • CEO Rating

    A+

    80/100

  • Compensation

    F

    43/100

Learn more on Comparably

FleetCor News and Updates

January 29, 2021

Fleetcor acquires B2B payments biz Roger

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses.
November 12, 2020

FleetCor Technologies To Continue Recovery?

After nearly a 3% fall this year, at the current price near $279 per share, we believe FleetCor Technologies stock can continue its price rise. FleetCor Technologies, which provides fuel cards and workforce payment products and services, has seen its stock fall from $288 to $279 since the start...
October 22, 2020

Fuel Card Market to 2027 – BP P.L.C., Exxon Mobil Corporation, Fleetcor Technologies

Fuel Card Market to 2027 - Global Analysis and Forecasts by Type (Branded Fuel Cards, Merchant Branded Fuel Cards, and Universal Fuel Cards) and Application (Fuel Refill, Parking, Vehicle Service, Toll Charge, and Others) Posted via Industry Today. Follow us on Twitter @IndustryToday
December 20, 2019

U.S. accuses FleetCor of charging hundreds of millions of dollars in hidden fees

U.S. fuel card company FleetCor Technologies Inc charged customers hundreds of millions of dollars in hidden fees after promising to help them spend less on fuel, the Federal Trade Commission said on Friday.
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.
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 FleetCor Frequently Asked Questions

  • When was FleetCor founded?

    FleetCor was founded in 2000.

  • Who are FleetCor key executives?

    FleetCor's key executives are Ron Clarke, Scott duFour and Charles Freund.

  • How many employees does FleetCor have?

    FleetCor has 8,700 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 $274.6 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, Atlanta, Wichita, Centro and in 12 other locations.

  • How many offices does FleetCor have?

    FleetCor has 17 offices.