Company Element Fleet Management Corp.

Equities

EFN

CA2861812014

Corporate Financial Services

Market Closed - Toronto S.E. 04:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
21.61 CAD +0.05% Intraday chart for Element Fleet Management Corp. +1.36% +0.23%

Business Summary

Element Fleet Management Corp. is a Canada-based global automotive fleet manager. The Company provides business-to-business services and financing to corporations, governments and not-for-profits. It operates in various countries, including the United States, Canada, Mexico, Australia and New Zealand. It provides services and financing for commercial vehicle and equipment fleets, reaching around 56 countries worldwide through the Element-Arval Global Alliance. The Company provides solutions to various industries, such as construction; energy, oil and gas; food and beverage; healthcare; services; transportation, and utilities. Its services include acquisition, electric vehicle, financing, title and registration, collision management, fleet partnerships solutions, fuel, safety, taxable benefits, fleet telematics connectivity solutions, remarketing, sale leaseback, tolls and violations, and strategic fleet consulting. The Company has around 1.5 million client vehicles under management.

Number of employees: 2,700

Sales per Business

CAD in Million2022Weight2023Weight Delta
Rental
50.7 %
715 50.9 % 951 50.7 % +32.97%
Interest Income
37.5 %
442 31.4 % 704 37.5 % +59.34%
Depreciation of Equipment under Operating Leases
-34.8 %
-507 -36.1 % -653 -34.8 % +28.73%
Service
29.6 %
482 34.3 % 555 29.6 % +15.21%
Gain on Sale of Equipment under Operating Leases
7.1 %
112 8.0 % 134 7.1 % +19.67%
Vehicle and End of Contract Fees
6.6 %
100 7.1 % 123 6.6 % +24.10%
Syndication
3.3 %
62 4.4 % 61 3.3 % -1.28%

Sales per region

CAD in Million2022Weight2023Weight Delta
United States and Canada
67.2 %
952 67.7 % 1,261 67.2 % +32.53%
Mexico
18.0 %
212 15.1 % 337 18.0 % +59.48%
Australia and New Zealand
14.8 %
242 17.2 % 277 14.8 % +14.57%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 23-02-14
Director of Finance/CFO 58 21-01-12
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer - Oct. 31
Investor Relations Contact - 18-09-30
Corporate Officer/Principal - -
General Counsel - 16-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 71 14-04-30
Director/Board Member 67 Nov. 20
Director/Board Member 53 18-05-31
Director/Board Member 62 18-05-13
Chairman 71 17-12-31
Director/Board Member 67 18-05-13
Director/Board Member 69 19-05-07
Chief Executive Officer 56 23-02-14
Director/Board Member - 21-05-11
Director/Board Member 60 20-10-06

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 5,321,900 0 0 99.77 %
Stock B 0 5,126,400 0 0
Stock C 1 388,926,149 388,016,172 ( 99.77 %) 0
Stock D 0 4,600,000 0 0

Shareholders

NameEquities%Valuation
T. Rowe Price Associates, Inc. (Investment Management)
10.01 %
38,941,405 10.01 % 633 M $
Massachusetts Financial Services Co.
9.855 %
38,353,704 9.855 % 623 M $
MFS International (UK) Ltd.
2.998 %
11,668,709 2.998 % 190 M $
Manulife Investment Management Ltd.
1.621 %
6,309,322 1.621 % 103 M $
Highstreet Asset Management, Inc.
0.4790 %
1,863,936 0.4790 % 30 M $
Guardians of New Zealand Superannuation
0.3776 %
1,469,477 0.3776 % 24 M $
MFS Investment Management Canada Ltd.
0.3030 %
1,179,198 0.3030 % 19 M $
ATB Investment Management, Inc.
0.1856 %
722,206 0.1856 % 12 M $
Eurizon Capital SGR SpA
0.1786 %
695,113 0.1786 % 11 M $
Rainier Investment Management LLC
0.1361 %
529,749 0.1361 % 9 M $
NameEquities%Valuation
Flow Investment Services Corp.
0.9753 %
50,000 0.9753 % 922 850 $
J. Zechner Associates, Inc.
0.6047 %
31,000 0.6047 % 572 167 $
Purpose Investments, Inc.
0.4935 %
25,300 0.4935 % 466 962 $
Manulife Investment Management Ltd.
0.2165 %
11,100 0.2165 % 204 873 $
NameEquities%Valuation
Manulife Investment Management Ltd.
0.4473 %
23,807 0.4473 % 438 787 $

Company contact information

Element Fleet Management Corp.

161 Bay Street Suite 3600

M5J 2S1, Toronto

+416-386-1067

http://www.elementfleet.com
address Element Fleet Management Corp.(EFN)

Group companies

NameCategory and Sector
Chesapeake Funding II LLC
Investment Trusts/Mutual Funds
Chesapeake Funding III LLC
Finance/Rental/Leasing
Element Fleet Funding LLC
Element Fleet Lease Receivables LP
  1. Stock Market
  2. Equities
  3. EFN Stock
  4. Company Element Fleet Management Corp.