Element Fleet Management Corp
EFN
ISIN CA2861812014 / Valor 14557690
Element Fleet Management Corp
UMushroom community rating:
About company
Element Fleet Management Corp is a leading provider of end-to-end fleet management services for corporate, commercial, government, and public service vehicle fleets. The company plays a crucial role in helping clients efficiently manage their fleets to ensure the delivery of goods and services that communities rely on. With a focus on providing comprehensive solutions, Element Fleet Management Corp is a trusted partner for organizations looking to optimize their fleet operations.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (21.12.2024):
Revenue Growth
In the second quarter of 2024, Element Fleet Management Corp. reported a net revenue of US$274.6 million, reflecting a significant increase from the previous quarter. This growth was driven by strong performance across various service lines, including net financing and syndication revenue.
Operating Income
Element Fleet Management Corp. achieved an operating income of US$152.9 million in Q2 2024, showcasing a robust operating margin of 55.7%. This indicates an improvement in operational efficiency and cost management compared to the same period last year.
Net Income and Earnings Per Share
The company reported a net income of US$115.4 million for the second quarter of 2024. Basic and diluted earnings per share were both recorded at US$0.29, demonstrating a positive trend in profitability and shareholder returns.
Adjusted Financial Metrics
Element Fleet Management Corp.'s adjusted net revenue for Q2 2024 was US$240.6 million, with an adjusted operating income of US$132.7 million. The adjusted operating margin stood at 55.1%, reflecting the company's focus on maintaining strong financial health through strategic adjustments.
Dividends and Return on Equity
For the second quarter of 2024, Element Fleet Management Corp. declared a dividend of CAD$0.12 per common share. The company's return on equity was reported at 12.6%, indicating a solid return on shareholders' investments and a commitment to delivering value.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
8223 M
Market cap (USD)
496,596
Daily traded volume (Shares)
29.25 / 28.75
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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