Element Fleet Management

Element Fleet Management

Providing world-class management services and financing for commercial vehicle and equipment fleets. Learn more

Launch date
Employees
Market cap
CAD11.4b
Enterprise valuation
CAD23.3b (Public information from Sep 2024)
Toronto Ontario (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD2020202120222023202420252026
Revenues1.8b1.7b2.0b2.6b1.5b1.6b1.8b
% growth(12 %)(6 %)18 %32 %(42 %)9 %11 %
EBITDA937m989m1.2b1.4b---
% EBITDA margin53 %59 %59 %53 %---
Profit287m356m410m466m537m626m-
% profit margin16 %21 %21 %18 %36 %38 %-
EV / revenue3.3x3.2x3.7x3.3x7.5x6.9x6.3x
EV / EBITDA6.3x5.3x6.2x6.1x---
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DateInvestorsAmountRound
N/A

N/A

IPO

$125m

Post IPO Equity
*
N/A

$500m

Post IPO Debt
*
N/A

$750m

Post IPO Debt
*
N/A

$750m

Post IPO Debt
Total Funding-

Recent News about Element Fleet Management

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More about Element Fleet Managementinfo icon
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Element Fleet Management is a leading company in the automotive fleet management industry. The company specializes in providing tailored fleet solutions to businesses of all sizes, from global corporations to government entities. Element Fleet Management operates in a diverse market, serving clients across various industries including logistics, delivery services, and corporate fleets.

The core business model of Element Fleet Management revolves around offering comprehensive fleet management services. These services include cost management, driver productivity enhancement, vehicle uptime optimization, fleet electrification, and advanced fleet technology solutions. The company also provides leasing options, helping clients decide between leasing and purchasing vehicles based on their specific needs.

Element Fleet Management makes money through a combination of service fees, leasing agreements, and technology solutions. By offering a wide range of services, the company ensures that it can meet the unique needs of each client, thereby creating multiple revenue streams. Additionally, Element Fleet Management places a strong emphasis on sustainability and supplier diversity, which not only aligns with modern corporate values but also attracts clients who prioritize these aspects.

The company is known for its commitment to transparency, integrity, and superior service. Element Fleet Management provides actionable insights and reliable data, which clients can use to make informed decisions about their fleet operations. The company's dedication to supplier diversity has been recognized with multiple awards, showcasing its leadership in this area.

In summary, Element Fleet Management is a market leader in automotive fleet management, offering a wide range of services to optimize fleet operations for businesses and government entities. The company generates revenue through service fees, leasing, and technology solutions, while maintaining a strong focus on sustainability and diversity.

Keywords: Fleet Management, Automotive, Leasing, Cost Management, Driver Productivity, Vehicle Uptime, Fleet Electrification, Technology Solutions, Sustainability, Supplier Diversity.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Element Fleet Management

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AutoFleet
ACQUISITION by Element Fleet Management Aug 2024