Element Fleet Management Corp

Element Fleet Management Corp

EFN · TO · Industrials / Rental & Leasing Services

19.62CAD+0.05 (+0.26%)

Price History

Full chart

Market Stats

Previous Close19.57
Open19.65
Day Range19.42 – 19.84
52-Week Range21.96 – 37.49
Volume2.47M
Market Cap8.91B
P/E (TTM)21.44
Forward P/E11.19
EPS1.05
Dividend Yield2.67%
Beta0.45
50-Day Avg26.99
200-Day Avg30.40

About

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, the United States, Mexico, Australia, and New Zealand. The company offers end-to-end fleet solutions, including cars, trucks, and material handling support equipment ordering support. It also provides fleet management solutions, such as vehicle acquisition, maintenance, risk management, route optimization, electric vehicle integration, and remarketing services. In addition, it manages the rental process for extra equipment or other assets, ranging from forklifts to storage trailers, and coordinates delivery and pickup. Further, the company offers other services, including fleet vehicle remarketing, an advance purchase program, Element Energy Solutions, and fleet financing services, which comprise operating and capital leases, sale and leaseback funding, open-end terminal rental adjustment clause (TRAC) leases, and a client-owned acquisition program. Additionally, it provides title, licensing, and registration services; end-to-end telematics services; driver training programs and other safety services; and insurance coverage solutions, including subrogation, driver safety programs, and telematics, as well as accident management services, including vehicle repair for cars, light-duty vehicles, and medium-duty trucks. It is involved in tolls and violations processing, regulation compliance, fuel services, managed maintenance, and personal usage and expense tracking. The company provides Autofleet, a suite of software solutions for transportation services for fleets and mobility operators. Element Fleet Management Corp. is based in Toronto, Canada.

Company Details

  • SectorIndustrials
  • IndustryRental & Leasing Services
  • CEOMs. Laura L. Dottori-Attanasio
  • Employees3.00K
  • Headquarters161 Bay Street, Toronto, ON, Canada, M5J 2S1, Canada
  • Websitehttps://www.elementfleet.com

Leadership

  • Ms. Laura L. Dottori-AttanasioCEO, President & Director · b. 1968
  • Mr. Heath ValkenburgExecutive VP & CFO
  • Mr. James R. HallidayVice Chair · b. 1972
  • Mr. David MadrigalVice Chair of North American Strategic Partnerships & Growth,
  • Mr. Kobi EisenbergPresident of Element Mobility & Autofleet
  • Mr. Michael BarrettSenior Vice President of Strategic Alliances & Remarketing Strategy
  • Mr. Adam SimkinChief Information Officer
  • Ms. Jennifer BellVice President of Corporate Communications,
  • Mr. Bill SutherlandExecutive VP & Chief People Officer
  • Mr. Chris GittensExecutive VP & President of Element Financial

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.73M13.84M57.92M111.76M458.90M584.96M1.28B1.36B1.78B1.97B1.73B1.59B1.46B1.91B2.20B2.26B
Growth (%)-+700.99%+318.47%+92.95%+310.62%+27.47%+118.64%+6.69%+30.14%+10.85%-12.12%-8.36%-7.86%+30.57%+15.51%+2.53%
Cost of Revenue1.77M337.16K4.79M9.07M94.26M106.82M31.07M31.37M981.80M1.17B1.06B1.12B35.80M38.19M40.68M1.51B
Gross Profit-38.00K13.50M53.13M159.78M364.64M478.14M1.25B1.33B1.40B801.71M668.72M467.44M1.42B1.87B2.16B745.95M
Gross Margin-2.20%97.56%91.73%142.97%79.46%81.74%97.57%97.70%79.08%40.73%38.66%29.49%97.55%98.00%98.15%33.02%
Operating Expense1.41M15.62M42.05M60.74M195.01M257.63M357.91M973.57M1.13B157.72M-43.47M-106.24M710.30M412.71M469.90M-214.60M
Operating Income-1.45M-2.11M11.08M99.03M169.63M220.50M889.99M359.60M272.44M643.98M712.19M573.68M714.50M1.46B1.69B960.55M
Operating Margin-83.85%-15.28%19.12%88.61%36.96%37.70%69.59%26.35%15.34%32.72%41.17%36.19%48.92%76.36%76.82%42.53%
EBITDA-1.34M-3.88M9.58M58.90M284.23M318.86M636.16M656.87M615.14M1.16B1.18B1.19B648.40M925.71M1.11B1.81B
EBITDA Margin-77.64%-28.04%16.53%52.71%61.94%54.51%49.74%48.14%34.64%59.13%68.49%75.08%44.39%48.54%50.57%80.07%
Net Income-1.49M-8.09M-6.42M-1.64M54.07M174.43M305.74M154.64M-157.58M97.70M287.09M356.01M409.64M344.77M386.77M284.02M
Net Income Margin-86.28%-58.45%-11.08%-1.46%11.78%29.82%23.91%11.33%-8.87%4.96%16.60%22.46%28.05%18.08%17.56%12.57%
R&D------0.10.160.160.050.190.290.30.25--
R&D as % of Total Revenue------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense794.00K5.84M16.16M49.52M143.25M185.27M360.78M390.24M465.82M510.71M342.47M196.45M276.67M585.47M6.21M532.86M
Interest Expense % of Total Revenue45.95%42.16%27.89%44.31%31.22%31.67%28.21%28.60%26.23%25.95%19.80%12.39%18.94%30.70%0.28%23.59%

Balance Sheet

Currency: USD2009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets6.42M49.95M416.78M1.51B3.45B11.29B25.16B18.42B17.57B18.96B17.43B14.99B12.97B14.33B16.47B12.70B13.86B
Total Liabilities6.07M40.20M178.37M1.09B2.01B8.46B19.45B14.44B13.83B14.99B13.62B11.21B9.52B10.65B12.57B9.92B11.14B
Total Equity379.00K8.23M238.34M423.43M1.45B2.56B5.72B3.98B3.69B3.93B3.81B3.78B3.45B3.68B3.90B2.77B2.72B
Cash389.88K4.23M145.55M10.05M11.55M510.11M61.01M12.64M47.92M12.78M24.22M8.79M45.27M68.88M72.60M128.84M503.14M
Total Debt5.70M36.97M172.52M989.13M1.89B7.30B23.94B16.82B10.39B14.21B14.39B11.57B8.26B9.41B8.21B8.56B9.88B
Net Debt5.31M32.74M26.97M984.22M1.88B7.24B18.64B13.83B10.34B10.93B12.57B10.00B8.16B8.95B8.14B8.43B9.37B

Cash Flow

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.87M-3.16M17.56M-31.85M-1.56B-740.60M911.37M48.15M-198.17M795.33M2.18B1.97B169.19M-1.29B-154.11M-149.95M
Investing Cash Flow-37.49M-219.65M-594.76M-1.70B-1.13B-9.47B-640.57M-35.87M-41.13M63.05M-7.55M-67.41M-48.34M-99.28M-227.00M-139.24M
Financing Cash Flow43.19M369.70M435.38M1.73B2.74B10.29B-84.26M40.01M199.11M-855.50M-2.22B-1.87B-5.60M1.40B654.08M510.99M
Capital Expenditure58.65K327.83K1.81M246.29M12.62M18.35M62.59M45.90M33.90M37.14M78.72M67.66M50.74M100.80M110.74M72.39M
Free Cash Flow-1.93M-3.49M15.75M-278.14M-1.57B-653.85M305.18M2.25M-232.07M758.19M2.11B1.90B118.45M-1.39B-264.85M-222.35M
Dividends Paid---19.20M16.54M23.03M55.27M107.88M116.32M85.29M79.94M112.60M111.92M176.98M211.03M149.40M
FCF to OCF103.13%110.38%89.70%873.37%100.81%88.29%33.49%4.67%117.11%95.33%96.40%96.57%70.01%107.83%171.86%148.28%
Dividend Paid to FCF----6.90%-1.05%-3.52%18.11%4795.44%-50.12%11.25%3.80%5.92%94.48%-12.75%-79.68%-67.19%

Earnings

Report DateJun 30, 2011Feb 27, 2012May 15, 2012Aug 14, 2012Nov 6, 2012Feb 19, 2013May 13, 2013Aug 13, 2013Nov 13, 2013Feb 20, 2014May 13, 2014Aug 12, 2014Nov 13, 2014Feb 25, 2015May 13, 2015Aug 12, 2015Nov 10, 2015Mar 2, 2016May 11, 2016Aug 11, 2016Nov 14, 2016Mar 9, 2017May 10, 2017Aug 10, 2017Nov 8, 2017Mar 15, 2018May 15, 2018Aug 13, 2018Nov 5, 2018Mar 6, 2019May 7, 2019Jul 31, 2019Nov 6, 2019Feb 25, 2020May 11, 2020Jul 28, 2020Oct 27, 2020Mar 3, 2021May 11, 2021Jul 27, 2021Nov 10, 2021Mar 1, 2022May 9, 2022Aug 10, 2022Nov 8, 2022Mar 6, 2023May 9, 2023Aug 8, 2023Nov 6, 2023Feb 27, 2024May 14, 2024Aug 13, 2024Nov 13, 2024Feb 25, 2025Apr 30, 2025Aug 6, 2025Nov 12, 2025Feb 24, 2026May 6, 2026Aug 5, 2026Nov 11, 2026
EPS Estimate--0.01-0.020.050.060.070.090.090.090.100.100.150.190.210.240.250.330.350.360.250.240.230.240.210.200.170.170.190.180.180.210.220.230.220.160.200.210.210.200.210.190.200.230.260.250.270.310.320.330.330.370.380.400.400.410.450.460.460.490.50
EPS Actual-0.04-0.08-0.000.010.040.060.080.080.090.090.100.110.160.190.210.220.250.330.350.320.250.240.240.230.210.190.170.190.180.170.210.210.220.240.230.190.220.230.220.200.210.210.240.290.300.270.310.330.350.330.370.400.410.390.390.410.460.450.480.48-
Surprise--700.00%--50.00%-20.00%0.00%14.29%-11.11%0.00%0.00%0.00%10.00%6.67%0.00%0.00%-8.33%0.00%0.00%0.00%-11.11%0.00%0.00%4.35%-4.17%0.00%-5.00%0.00%11.76%-5.26%-5.56%16.67%0.00%0.00%4.35%4.55%18.75%10.00%9.52%4.76%0.00%0.00%10.53%20.00%26.09%15.38%8.00%14.81%6.45%9.38%0.00%12.12%8.11%7.89%-2.42%-2.50%0.00%2.22%-2.17%4.35%-2.04%-
Timing---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap8.91B
Enterprise Value22.55B
Trailing P/E21.44
Forward P/E11.19
PEG Ratio1.15
Price / Sales3.63
Price / Book2.56
EPS1.05
Book Value9.48
Revenue (TTM)2.45B
Gross Profit (TTM)2.08B
EBITDA1.20B
Profit Margin11.98%
Operating Margin46.63%
Return on Equity10.81%
Return on Assets5.33%
Shares Outstanding395.99M
Shares Float390.57M
Beta0.45
Dividend Yield2.67%
Dividend Rate0.60
Payout Ratio31.02%

Dividends

20263×
0.15Sep 29, 20260.15Jun 30, 20260.15Mar 31, 2026
20254×
0.13Dec 31, 20250.13Sep 29, 20250.13Jun 30, 20250.13Mar 31, 2025
20244×
0.13Dec 31, 20240.12Sep 27, 20240.12Jun 28, 20240.12Mar 27, 2024
20234×
0.12Dec 28, 20230.10Sep 28, 20230.10Jun 29, 20230.10Mar 30, 2023
20224×
0.10Dec 29, 20220.08Sep 28, 20220.08Jun 29, 20220.08Mar 30, 2022
20214×
0.08Dec 30, 20210.07Sep 28, 20210.07Jun 29, 20210.07Mar 30, 2021
20201×
0.07Dec 30, 2020

Stock Splits

  • Dec 16, 201113:420