fleetcor is a leading global provider of fuel cards and specialized payment products to businesses. fleetcor's payment programs enable businesses to better control employee spending and provide card-accepting merchants with a high volume customer base that can increase their sales and customer loyalty. fleetcor serves over 500,000 commercial accounts with millions of cardholders across the united states, canada, mexico, europe, africa and asia. for more information, please visit www.fleetcor.com. we have developed an extremely successful company based on our core principles; determination, drive, outstanding value, industry leading products, and quality people. as a result fleetcor has grown more than 40% over the last 10 years and is the world's largest provider of commercial fleet card programs. through our organic growth initiatives, strategic acquisitions, and solid business acumen, that growth will continue. to maintain our top position in the industry, it is vital to continual
Company profile
Ticker
CPAY
Exchange
Website
CEO
Ronald Clarke
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
FleetCor Technologies Operating Company, LLC • FleetCor Funding, LLC • Mannatec, Inc. • FleetCor Jersey Holding Limited • CFN Holding Company • Corporate Lodging Consultants, Inc. • Fleetcor Commercial Card Management (Canada) Ltd • FleetCor Technologies Operating Company-CFN Holding Co. • FleetCor Technologieën B.V. • FleetCor UK Acquisition Limited ...
CPAY stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
26 Apr 24
DEFA14A
Additional proxy soliciting materials
26 Apr 24
DEF 14A
Definitive proxy
26 Apr 24
8-K
Fleetcor Announces Rebranding to Corpay
12 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review
29 Feb 24
8-K
FLEETCOR® Reports Fourth Quarter and Full Year 2023 Financial Results
7 Feb 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
FLEETCOR Reports Third Quarter 2023 Financial Results
8 Nov 23
8-K
Other Events
15 Aug 23
Transcripts
CPAY
Earnings call transcript
2023 Q4
7 Feb 24
CPAY
Earnings call transcript
2023 Q3
8 Nov 23
CPAY
Earnings call transcript
2023 Q2
8 Aug 23
CPAY
Earnings call transcript
2023 Q1
3 May 23
CPAY
Earnings call transcript
2022 Q4
8 Feb 23
CPAY
Earnings call transcript
2022 Q3
3 Nov 22
CPAY
Earnings call transcript
2022 Q2
4 Aug 22
CPAY
Earnings call transcript
2022 Q1
6 May 22
CPAY
Earnings call transcript
2021 Q4
9 Feb 22
CPAY
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
SC 13G/A
BlackRock Inc.
5 Apr 24
4
Alissa B Vickery
14 Mar 24
4
Ronald Clarke
13 Mar 24
4
Alan King
12 Mar 24
4
Alissa B Vickery
8 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.32 bn | 2.32 bn | 2.32 bn | 2.32 bn | 2.32 bn | 2.32 bn |
Cash burn (monthly) | 131.91 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 915.01 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.40 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.6 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
98.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 546 |
Opened positions | 84 |
Closed positions | 59 |
Increased positions | 166 |
Reduced positions | 216 |
13F shares | Current |
---|---|
Total value | 16.97 tn |
Total shares | 71.34 mm |
Total puts | 128.60 k |
Total calls | 196.50 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 8.00 mm | $2.04 tn |
BLK Blackrock | 5.28 mm | $1.35 tn |
Wellington Management | 5.18 mm | $1.32 tn |
Orbis Allan Gray | 4.89 mm | $1.25 tn |
Orbis Investment Management | 4.82 mm | $0.00 |
T. Rowe Price | 4.24 mm | $1.08 tn |
JPM JPMorgan Chase & Co. | 3.16 mm | $807.88 bn |
STT State Street | 2.81 mm | $717.84 bn |
Boston Partners | 2.81 mm | $714.51 bn |
T. Rowe Price Investment Management | 2.69 mm | $686.45 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Mar 24 | Alissa B Vickery | Common Stock Holding | Payment of exercise | Dispose F | No | No | 293.52 | 38 | 11.15 k | 1,847 |
11 Mar 24 | Clarke Ronald | Common Stock | Payment of exercise | Dispose F | No | No | 293.52 | 66,590 | 19.55 mm | 2,056,901 |
11 Mar 24 | Clarke Ronald | Common Stock | Option exercise | Acquire M | No | No | 114.9 | 100,000 | 11.49 mm | 2,123,491 |
11 Mar 24 | Clarke Ronald | Employee Stock Options Common Stock | Option exercise | Dispose M | No | No | 114.9 | 100,000 | 11.49 mm | 325,000 |
7 Mar 24 | Alan King | Common Stock | Sell | Dispose S | No | No | 290.4432 | 5,000 | 1.45 mm | 19,114 |
7 Mar 24 | Alan King | Common Stock | Option exercise | Acquire M | No | No | 152.31 | 5,000 | 761.55 k | 24,114 |
7 Mar 24 | Alan King | Common Stock | Sell | Dispose S | No | No | 290.4836 | 2,004 | 582.13 k | 19,114 |
7 Mar 24 | Alan King | Employee Stock Options Common Stock | Option exercise | Dispose M | No | No | 152.31 | 5,000 | 761.55 k | 6,272 |
5 Mar 24 | Clarke Ronald | Common Stock | Sell | Dispose S | No | No | 281.84 | 118,428 | 33.38 mm | 2,023,491 |
5 Mar 24 | Clarke Ronald | Common Stock | Option exercise | Acquire M | No | No | 149.68 | 157,694 | 23.60 mm | 2,141,919 |
News
Citigroup Maintains Buy on Corpay, Raises Price Target to $355
17 Apr 24
In-Depth Examination Of 4 Analyst Recommendations For Corpay
16 Apr 24
Barclays Maintains Overweight on Corpay, Raises Price Target to $355
16 Apr 24
Jefferies Maintains Buy on Corpay, Raises Price Target to $355
12 Apr 24
Baird Maintains Outperform on Corpay, Raises Price Target to $376
4 Apr 24
Press releases
Corpay to Announce First Quarter 2024 Results on May 8, 2024
22 Apr 24
Corpay Cross-Border Appoints Oliver Morris as new Head of Institutional Fund Services, EMEA
27 Mar 24
FLEETCOR Announces Rebranding to Corpay
25 Mar 24
Corpay Complete Wins "Spend Management Innovation Award" in 2024 FinTech Breakthrough Awards Program
14 Mar 24
FLEETCOR to Participate in Upcoming Investor Conferences
16 Feb 24