FLEETCOR Technologies, Inc. (FLT) Stock

About FLEETCOR Technologies, Inc.

FLEETCOR Technologies, Inc. specializes in providing digital payment solutions designed to help businesses efficiently manage their purchasing activities and streamline payment processes. The company's offerings are categorized into several key areas: Corporate Payments: These include automated accounts payable systems, Virtual Cards (single-use digital card numbers with defined spending limits and timeframes), Cross-Border payment services for international vendor payments, foreign office expenses, capital outlays, and dividend transfers. They also supply purchasing cards and travel & entertainment cards to help clients track and control corporate expenditures. Employee Expense Management: This segment features fuel solutions tailored for businesses and government entities operating vehicle fleets, as well as for oil companies, leasing firms, and fuel marketers. It also offers lodging solutions for employees traveling overnight, extending to airlines and cruise lines for managing crew accommodation and assisting stranded passengers. Additionally, FLEETCOR provides electronic toll payment systems, utilizing RFID tags, for both commercial and individual users. Gift Card Program Management: FLEETCOR offers comprehensive services for managing gift card programs, available in both physical and digital formats. This encompasses design, manufacturing, packaging, delivery, fulfillment, card and account administration, transaction processing, promotional development, website hosting, analytical reporting, and managing distribution channels. Other Solutions: The company's product portfolio further includes payroll cards, vehicle maintenance service solutions, long-haul transportation services, and various prepaid options like food vouchers/cards and transportation cards/vouchers. FLEETCOR caters to a diverse customer base, including businesses, merchants, consumers, and payment networks, with operations spanning North America, Brazil, and other global markets. The company was established in 1986 and its headquarters are located in Atlanta, Georgia.

FLEETCOR Technologies, Inc. is headquartered in US.

FLEETCOR Technologies, Inc. (FLT) stock trades at $303.26 with a market capitalization of $21.79B. The stock is valued at a price-to-earnings (P/E) ratio of 17.93, price-to-book of 5.84, price-to-sales of 4.56. Over the past 52 weeks the stock has ranged between $204.04 and $319.94, and currently trades 5.2% below its 52-week high.

On profitability, FLEETCOR Technologies, Inc. generates a return on equity (ROE) of 30.57% — well above the market average, a sign of a high-quality business, return on capital employed of 18.87%, an operating margin of 46.06%, a net profit margin of 24.60%.

In its most recent fiscal year, FLEETCOR Technologies, Inc. reported annual revenue of $4.5B, net profit of $1.1B, revenue has compounded at 13.6% a year over the last five years, profit at 8.7% a year.

The balance sheet shows a debt-to-equity ratio of 2.34 — a leveraged balance sheet worth monitoring, a current ratio of 0.98, total assets of $26.4B, $2.5B in cash and equivalents.

FLT has an average daily trading volume of 456,189 shares, a beta of 1.22.

Official website: www.corpay.com