FleetCor Technologies, Inc. (CPAY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3280 PEACHTREE ROAD ATLANTA, GA 30305 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,390 | 1,435 | 1,520 | 935 | 1,271 | 1,031 | |||
| Cash and cash equivalents | 1,390 | 1,435 | 1,520 | 935 | 1,271 | 1,031 | |||
| Restricted cash and investments | 1,752 | 854 | 731 | 542 | 404 | 334 | |||
| Receivables | 1,307 | 1,287 | 1,118 | 700 | 971 | 886 | |||
| Other undisclosed current assets | 2,636 | 2,530 | 2,119 | 1,780 | 1,972 | 1,625 | |||
| Total current assets: | 7,084 | 6,106 | 5,488 | 3,956 | 4,619 | 3,876 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 343 | 295 | 236 | 203 | 200 | 186 | |||
| Long-term investments and receivables | 70 | 74 | 52 | 7 | 30 | 43 | |||
| Long-term investments | 70 | 74 | 52 | 7 | 30 | 43 | |||
| Intangible assets, net (including goodwill) | 7,731 | 7,332 | 7,414 | 6,835 | 7,175 | 6,950 | |||
| Goodwill | 5,645 | 5,201 | 5,079 | 4,719 | 4,833 | 4,542 | |||
| Intangible assets, net (excluding goodwill) | 2,086 | 2,131 | 2,335 | 2,116 | 2,342 | 2,408 | |||
| Other noncurrent assets | 249 | 282 | 214 | 193 | 225 | 148 | |||
| Total noncurrent assets: | 8,392 | 7,983 | 7,917 | 7,238 | 7,630 | 7,326 | |||
| TOTAL ASSETS: | 15,476 | 14,089 | 13,405 | 11,195 | 12,249 | 11,202 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,981 | 1,921 | 1,775 | 1,337 | 1,525 | 1,379 | |||
| Accounts payable | 1,625 | 1,569 | 1,406 | 1,054 | 1,250 | 1,118 | |||
| Accrued liabilities | 356 | 352 | 369 | 283 | 276 | 262 | |||
| Deferred revenue | 2,397 | 1,505 | 1,789 | 1,175 | 1,008 | ✕ | |||
| Debt | 2,127 | 2,314 | 1,518 | 1,206 | 2,071 | ||||
| Other liabilities | 321 | 304 | 209 | 250 | 184 | 119 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 927 | ||
| Other undisclosed current liabilities | 1,747 | ||||||||
| Total current liabilities: | 6,826 | 6,043 | 5,290 | 3,968 | 4,463 | 4,495 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 4,596 | 4,723 | 4,460 | 3,127 | 3,290 | 2,786 | |||
| Long-term debt, excluding current maturities | 4,596 | 4,723 | 4,460 | 3,127 | 3,290 | 2,786 | |||
| Liabilities, other than long-term debt | 772 | 781 | 788 | 744 | 784 | 127 | |||
| Deferred income tax liabilities | 470 | 527 | 566 | 498 | 520 | ✕ | |||
| Other liabilities | 302 | 254 | 221 | 246 | 264 | 127 | |||
| Other undisclosed noncurrent liabilities | 454 | ||||||||
| Total noncurrent liabilities: | 5,368 | 5,504 | 5,248 | 3,871 | 4,074 | 3,367 | |||
| Total liabilities: | 12,194 | 11,548 | 10,538 | 7,839 | 8,537 | 7,862 | |||
| Equity | |||||||||
| Equity, attributable to parent | 3,282 | 2,541 | 2,867 | 3,355 | 3,712 | 3,340 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (6,888) | (6,209) | (4,804) | (3,448) | (2,523) | (1,871) | |||
| Additional paid in capital | 3,266 | 3,050 | 2,879 | 2,750 | 2,495 | 2,307 | |||
| Accumulated other comprehensive loss | (1,289) | (1,510) | (1,465) | (1,363) | (972) | (914) | |||
| Retained earnings | 8,193 | 7,211 | 6,256 | 5,417 | 4,713 | 3,818 | |||
| Equity, attributable to noncontrolling interest | |||||||||
| Total equity: | 3,282 | 2,541 | 2,867 | 3,355 | 3,712 | 3,340 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,476 | 14,089 | 13,405 | 11,195 | 12,249 | 11,202 | |||
Income Statement (P&L) ($ in millions)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,758 | 3,427 | 2,834 | 2,389 | 2,649 | 2,433 | ||
| Gross profit: | 3,758 | 3,427 | 2,834 | 2,389 | 2,649 | 2,433 | ||
| Operating expenses | (1,280) | (1,215) | (1,032) | (822) | (886) | (846) | ||
| Other operating income (expense), net | (1) | (0) | 1 | 2 | (1) | (9) | ||
| Other undisclosed operating loss | (820) | (765) | (560) | (596) | (531) | (488) | ||
| Operating income: | 1,657 | 1,447 | 1,243 | 972 | 1,231 | 1,091 | ||
| Nonoperating income (expense) | (332) | (171) | (134) | (90) | (154) | 4 | ||
| Other nonoperating income (expense) | 17 | (3) | (4) | 10 | (0) | 152 | ||
| Interest and debt expense | (2) | (16) | (2) | |||||
| Income from continuing operations before equity method investments, income taxes: | 1,325 | 1,274 | 1,093 | 883 | 1,078 | 1,093 | ||
| Other undisclosed income from continuing operations before income taxes | 2 | 16 | 2 | |||||
| Income from continuing operations before income taxes: | 1,325 | 1,276 | 1,109 | 883 | 1,078 | 1,095 | ||
| Income tax expense | (343) | (321) | (269) | (178) | (183) | (284) | ||
| Income from continuing operations: | 982 | 954 | 839 | 704 | 895 | 811 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 839 | 704 | 895 | 811 | |
| Net income: | 982 | 954 | 839 | 704 | 895 | 811 | ||
| Net loss attributable to noncontrolling interest | ||||||||
| Net income available to common stockholders, diluted: | 982 | 954 | 839 | 704 | 895 | 811 | ||
Comprehensive Income ($ in millions)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 982 | 954 | 839 | 704 | 895 | 811 | ||
| Other comprehensive loss | ||||||||
| Comprehensive income: | 982 | 954 | 839 | 704 | 895 | 811 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | ||||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 221 | (45) | (101) | (391) | (59) | (362) | ||
| Comprehensive income, net of tax, attributable to parent: | 1,202 | 909 | 738 | 314 | 836 | 449 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.