Fleetcor Technologies Inc
NYSE:FLT
Income Statement
Earnings Waterfall
Fleetcor Technologies Inc
Revenue
|
3.8B
USD
|
Cost of Revenue
|
-819.9m
USD
|
Gross Profit
|
2.9B
USD
|
Operating Expenses
|
-1.3B
USD
|
Operating Income
|
1.7B
USD
|
Other Expenses
|
-675m
USD
|
Net Income
|
981.9m
USD
|
Income Statement
Fleetcor Technologies Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
895
N/A
|
956
+7%
|
1 008
+6%
|
1 078
+7%
|
1 199
+11%
|
1 362
+14%
|
1 493
+10%
|
1 649
+10%
|
1 703
+3%
|
1 701
0%
|
1 714
+1%
|
1 747
+2%
|
1 832
+5%
|
1 938
+6%
|
2 061
+6%
|
2 155
+5%
|
2 250
+4%
|
2 315
+3%
|
2 358
+2%
|
2 400
+2%
|
2 434
+1%
|
2 470
+1%
|
2 532
+3%
|
2 593
+2%
|
2 649
+2%
|
2 688
+1%
|
2 566
-5%
|
2 470
-4%
|
2 389
-3%
|
2 336
-2%
|
2 479
+6%
|
2 649
+7%
|
2 834
+7%
|
3 014
+6%
|
3 208
+6%
|
3 346
+4%
|
3 427
+2%
|
3 539
+3%
|
3 626
+2%
|
3 704
+2%
|
3 758
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(68)
|
(72)
|
(73)
|
(81)
|
(96)
|
(106)
|
(107)
|
(114)
|
(108)
|
(109)
|
(110)
|
(106)
|
(104)
|
(101)
|
(109)
|
(108)
|
(113)
|
(89)
|
(58)
|
(30)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(820)
|
|
Gross Profit |
827
N/A
|
884
+7%
|
935
+6%
|
998
+7%
|
1 103
+11%
|
1 256
+14%
|
1 385
+10%
|
1 535
+11%
|
1 595
+4%
|
1 592
0%
|
1 605
+1%
|
1 641
+2%
|
1 727
+5%
|
1 837
+6%
|
1 952
+6%
|
2 046
+5%
|
2 136
+4%
|
2 226
+4%
|
2 300
+3%
|
2 370
+3%
|
2 434
+3%
|
0
N/A
|
0
N/A
|
0
N/A
|
2 649
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
2 938
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(406)
|
(443)
|
(470)
|
(499)
|
(538)
|
(656)
|
(752)
|
(857)
|
(927)
|
(912)
|
(923)
|
(957)
|
(973)
|
(1 064)
|
(1 134)
|
(1 187)
|
(1 253)
|
(1 280)
|
(1 306)
|
(1 324)
|
(1 343)
|
(1 357)
|
(1 387)
|
(1 400)
|
(1 417)
|
(1 540)
|
(1 502)
|
(1 471)
|
(1 417)
|
(1 299)
|
(1 357)
|
(1 453)
|
(1 591)
|
(1 736)
|
(1 857)
|
(1 928)
|
(1 981)
|
(2 035)
|
(2 080)
|
(2 102)
|
(1 281)
|
|
Selling, General & Administrative |
(334)
|
(361)
|
(378)
|
(400)
|
(455)
|
(534)
|
(605)
|
(687)
|
(738)
|
(735)
|
(746)
|
(772)
|
(771)
|
(833)
|
(886)
|
(926)
|
(988)
|
(1 006)
|
(1 028)
|
(1 050)
|
(1 060)
|
(1 077)
|
(1 104)
|
(1 118)
|
(1 143)
|
(1 267)
|
(1 239)
|
(1 211)
|
(1 164)
|
(1 045)
|
(1 095)
|
(1 180)
|
(1 308)
|
(1 426)
|
(1 537)
|
(1 621)
|
(1 658)
|
(1 705)
|
(1 743)
|
(1 759)
|
(944)
|
|
Depreciation & Amortization |
(73)
|
(83)
|
(91)
|
(99)
|
(112)
|
(136)
|
(160)
|
(183)
|
(194)
|
(182)
|
(181)
|
(190)
|
(203)
|
(232)
|
(248)
|
(260)
|
(265)
|
(271)
|
(275)
|
(273)
|
(275)
|
(271)
|
(273)
|
(273)
|
(274)
|
(271)
|
(263)
|
(259)
|
(255)
|
(256)
|
(263)
|
(274)
|
(284)
|
(295)
|
(305)
|
(308)
|
(322)
|
(330)
|
(335)
|
(343)
|
(337)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
30
|
14
|
14
|
14
|
4
|
4
|
5
|
5
|
1
|
0
|
0
|
0
|
(0)
|
(3)
|
(3)
|
0
|
(9)
|
(10)
|
(10)
|
(9)
|
(1)
|
(2)
|
(2)
|
(2)
|
2
|
2
|
2
|
1
|
1
|
(16)
|
(15)
|
1
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
|
Operating Income |
421
N/A
|
441
+5%
|
466
+6%
|
499
+7%
|
566
+13%
|
599
+6%
|
634
+6%
|
678
+7%
|
668
-2%
|
680
+2%
|
682
+0%
|
684
+0%
|
754
+10%
|
773
+3%
|
818
+6%
|
860
+5%
|
884
+3%
|
945
+7%
|
994
+5%
|
1 046
+5%
|
1 091
+4%
|
1 113
+2%
|
1 145
+3%
|
1 193
+4%
|
1 231
+3%
|
1 148
-7%
|
1 064
-7%
|
999
-6%
|
972
-3%
|
1 037
+7%
|
1 122
+8%
|
1 196
+7%
|
1 243
+4%
|
1 278
+3%
|
1 351
+6%
|
1 418
+5%
|
1 447
+2%
|
1 504
+4%
|
1 546
+3%
|
1 602
+4%
|
1 657
+3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(17)
|
(19)
|
(22)
|
(25)
|
(37)
|
(54)
|
(71)
|
(87)
|
(129)
|
(125)
|
(111)
|
(108)
|
(108)
|
(115)
|
(133)
|
(189)
|
(160)
|
(167)
|
(175)
|
(141)
|
(146)
|
(247)
|
(209)
|
(250)
|
(65)
|
(133)
|
(117)
|
(11)
|
123
|
(101)
|
(64)
|
(162)
|
(73)
|
147
|
75
|
131
|
38
|
(166)
|
(239)
|
(314)
|
(348)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(16)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(16)
|
0
|
0
|
(16)
|
(2)
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(1)
|
(1)
|
(1)
|
1
|
(1)
|
(2)
|
(1)
|
(3)
|
(1)
|
(1)
|
(1)
|
(3)
|
(5)
|
(4)
|
172
|
173
|
177
|
177
|
1
|
152
|
229
|
185
|
233
|
(89)
|
6
|
29
|
(70)
|
(213)
|
10
|
(61)
|
35
|
(45)
|
(257)
|
(177)
|
(252)
|
(207)
|
(63)
|
(49)
|
1
|
17
|
|
Pre-Tax Income |
404
N/A
|
421
+4%
|
444
+5%
|
473
+7%
|
513
+8%
|
545
+6%
|
562
+3%
|
591
+5%
|
536
-9%
|
553
+3%
|
570
+3%
|
575
+1%
|
643
+12%
|
653
+2%
|
682
+4%
|
839
+23%
|
894
+7%
|
956
+7%
|
996
+4%
|
906
-9%
|
1 095
+21%
|
1 095
N/A
|
1 121
+2%
|
1 176
+5%
|
1 078
-8%
|
1 021
-5%
|
975
-4%
|
918
-6%
|
883
-4%
|
946
+7%
|
997
+5%
|
1 070
+7%
|
1 109
+4%
|
1 168
+5%
|
1 249
+7%
|
1 281
+3%
|
1 276
0%
|
1 276
+0%
|
1 259
-1%
|
1 289
+2%
|
1 325
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(119)
|
(126)
|
(133)
|
(145)
|
(144)
|
(157)
|
(164)
|
(172)
|
(174)
|
(174)
|
(173)
|
(165)
|
(191)
|
(188)
|
(202)
|
(286)
|
(282)
|
(292)
|
(287)
|
(220)
|
(259)
|
(262)
|
(203)
|
(213)
|
(183)
|
(151)
|
(208)
|
(188)
|
(178)
|
(204)
|
(218)
|
(245)
|
(269)
|
(295)
|
(310)
|
(327)
|
(321)
|
(325)
|
(330)
|
(338)
|
(343)
|
|
Income from Continuing Operations |
285
|
295
|
310
|
327
|
369
|
388
|
398
|
419
|
362
|
379
|
397
|
410
|
452
|
465
|
480
|
553
|
612
|
663
|
709
|
687
|
836
|
833
|
918
|
963
|
895
|
870
|
767
|
730
|
704
|
741
|
779
|
824
|
840
|
873
|
939
|
954
|
954
|
951
|
929
|
951
|
982
|
|
Net Income (Common) |
285
N/A
|
295
+4%
|
310
+5%
|
327
+5%
|
369
+13%
|
388
+5%
|
398
+3%
|
419
+5%
|
362
-14%
|
379
+5%
|
397
+5%
|
410
+3%
|
452
+10%
|
465
+3%
|
480
+3%
|
553
+15%
|
740
+34%
|
791
+7%
|
837
+6%
|
792
-5%
|
812
+2%
|
809
0%
|
894
+10%
|
962
+8%
|
895
-7%
|
870
-3%
|
767
-12%
|
730
-5%
|
704
-4%
|
741
+5%
|
779
+5%
|
824
+6%
|
840
+2%
|
873
+4%
|
939
+8%
|
954
+2%
|
954
+0%
|
951
0%
|
929
-2%
|
951
+2%
|
982
+3%
|
|
EPS (Diluted) |
3.33
N/A
|
3.44
+3%
|
3.61
+5%
|
3.82
+6%
|
4.24
+11%
|
4.12
-3%
|
4.22
+2%
|
4.45
+5%
|
3.85
-13%
|
3.99
+4%
|
4.16
+4%
|
4.31
+4%
|
4.75
+10%
|
4.91
+3%
|
5.09
+4%
|
5.94
+17%
|
7.9
+33%
|
8.48
+7%
|
9.03
+6%
|
8.6
-5%
|
8.8
+2%
|
9.06
+3%
|
9.91
+9%
|
10.62
+7%
|
9.94
-6%
|
9.86
-1%
|
8.85
-10%
|
8.45
-5%
|
8.12
-4%
|
8.64
+6%
|
9.13
+6%
|
9.84
+8%
|
9.99
+2%
|
11.01
+10%
|
12.01
+9%
|
12.62
+5%
|
12.42
-2%
|
12.76
+3%
|
12.4
-3%
|
12.75
+3%
|
13.2
+4%
|