Element Fleet Management Corp
TSX:EFN

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Element Fleet Management Corp
TSX:EFN
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Price: 29.61 CAD -0.37% Market Closed
Market Cap: 12B CAD
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Income Statement

Earnings Waterfall
Element Fleet Management Corp

Revenue
2.1B CAD
Cost of Revenue
-577.8m CAD
Gross Profit
1.5B CAD
Operating Expenses
-1.1B CAD
Operating Income
402.4m CAD
Other Expenses
-36.9m CAD
Net Income
365.5m CAD

Income Statement
Element Fleet Management Corp

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Income Statement
Currency: CAD
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 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
361
N/A
487
+35%
608
+25%
571
-6%
582
+2%
810
+39%
1 058
+31%
1 267
+20%
1 429
+13%
1 621
+13%
1 398
-14%
1 400
+0%
1 399
0%
1 736
+24%
1 738
+0%
1 930
+11%
2 045
+6%
1 776
-13%
1 849
+4%
1 900
+3%
1 936
+2%
1 966
+2%
1 940
-1%
1 859
-4%
1 792
-4%
1 718
-4%
1 659
-3%
1 625
-2%
1 602
-1%
1 130
-29%
1 586
+40%
1 656
+4%
1 743
+5%
1 320
-24%
1 977
+50%
2 123
+7%
2 288
+8%
1 748
-24%
2 251
+29%
2 188
-3%
2 075
-5%
Gross Profit
Cost of Revenue
(107)
(140)
(172)
(148)
(143)
(176)
(207)
(293)
(341)
(349)
(353)
(363)
(371)
(417)
(441)
(470)
(498)
(494)
(522)
(538)
(545)
(539)
(514)
(472)
(424)
(376)
(326)
(285)
(259)
(169)
(228)
(239)
(270)
(228)
(392)
(473)
(555)
(449)
(596)
(598)
(578)
Gross Profit
254
N/A
347
+36%
436
+26%
422
-3%
439
+4%
634
+45%
851
+34%
974
+14%
1 089
+12%
1 273
+17%
1 044
-18%
1 038
-1%
1 028
-1%
1 319
+28%
1 298
-2%
1 461
+13%
1 548
+6%
1 282
-17%
1 327
+4%
1 363
+3%
1 391
+2%
1 427
+3%
1 427
0%
1 387
-3%
1 368
-1%
1 342
-2%
1 332
-1%
1 340
+1%
1 343
+0%
962
-28%
1 358
+41%
1 417
+4%
1 473
+4%
1 093
-26%
1 585
+45%
1 650
+4%
1 733
+5%
1 298
-25%
1 655
+27%
1 590
-4%
1 498
-6%
Operating Income
Operating Expenses
(137)
(187)
(230)
(237)
(246)
(405)
(567)
(582)
(654)
(832)
(623)
(624)
(622)
(928)
(936)
(1 119)
(1 704)
(1 443)
(1 467)
(1 489)
(1 015)
(1 278)
(1 269)
(1 239)
(1 223)
(963)
(952)
(959)
(968)
(694)
(990)
(1 016)
(1 044)
(773)
(1 134)
(1 194)
(1 259)
(955)
(1 208)
(1 158)
(1 095)
Selling, General & Administrative
(122)
(163)
(202)
(214)
(223)
(281)
(351)
(436)
(496)
(433)
(469)
(476)
(475)
(489)
(489)
(478)
(478)
(486)
(480)
(483)
(469)
(457)
(454)
(444)
(441)
(454)
(448)
(446)
(444)
(311)
(440)
(446)
(461)
(342)
(507)
(532)
(548)
(412)
(513)
(493)
(479)
Depreciation & Amortization
(4)
(10)
(14)
(17)
(21)
(123)
(219)
(145)
(156)
(403)
(152)
(147)
(146)
(438)
(80)
(275)
(379)
(477)
(507)
(526)
(546)
(561)
(555)
(536)
(522)
(509)
(505)
(514)
(524)
(383)
(550)
(571)
(584)
(431)
(626)
(661)
(712)
(543)
(695)
(665)
(617)
Other Operating Expenses
(12)
(13)
(13)
(6)
(1)
(1)
3
0
0
4
(1)
0
0
0
(367)
(366)
(847)
(480)
(480)
(480)
0
(260)
(260)
(260)
(260)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Operating Income
117
N/A
160
+37%
206
+29%
186
-10%
193
+4%
230
+19%
284
+24%
392
+38%
434
+11%
441
+1%
422
-4%
414
-2%
406
-2%
391
-4%
362
-7%
342
-6%
(156)
N/A
(161)
-3%
(140)
+13%
(126)
+10%
377
N/A
149
-60%
158
+6%
148
-6%
145
-2%
379
+162%
380
+0%
381
+0%
375
-2%
267
-29%
368
+38%
401
+9%
428
+7%
319
-25%
451
+41%
456
+1%
474
+4%
343
-27%
446
+30%
432
-3%
402
-7%
Pre-Tax Income
Interest Income Expense
(1)
(3)
(4)
(6)
(8)
(9)
(11)
(12)
(12)
(12)
(23)
(64)
(73)
(134)
(134)
(98)
(109)
(47)
(38)
(35)
(15)
(17)
(15)
(13)
(12)
(7)
(2)
(0)
4
2
(1)
(3)
(6)
(7)
(9)
(7)
(8)
(6)
(7)
(8)
(7)
Non-Reccuring Items
(111)
(99)
(100)
(127)
(172)
(203)
(234)
(215)
(159)
(239)
(243)
(253)
(183)
(82)
(87)
(57)
(91)
(113)
(65)
(73)
(59)
(40)
(50)
(65)
(52)
(39)
(16)
29
56
57
91
100
104
80
120
124
131
96
115
106
101
Pre-Tax Income
5
N/A
58
+998%
102
+75%
53
-48%
13
-75%
17
+29%
40
+132%
165
+313%
263
+60%
190
-28%
156
-18%
96
-38%
150
+56%
175
+16%
141
-19%
187
+32%
(357)
N/A
(321)
+10%
(244)
+24%
(234)
+4%
303
N/A
92
-70%
92
+0%
70
-25%
80
+16%
333
+315%
362
+9%
410
+13%
435
+6%
327
-25%
458
+40%
497
+9%
526
+6%
393
-25%
562
+43%
572
+2%
597
+4%
433
-28%
554
+28%
530
-4%
496
-6%
Net Income
Tax Provision
2
(4)
(14)
(5)
26
47
50
29
(4)
0
12
32
10
(4)
(16)
(20)
115
121
103
79
(47)
6
4
22
12
(46)
(59)
(84)
(95)
(73)
(104)
(113)
(123)
(100)
(140)
(141)
(141)
(100)
(129)
(122)
(119)
Income from Continuing Operations
7
54
88
48
39
65
90
194
259
190
167
129
160
171
125
167
(242)
(199)
(140)
(155)
256
98
97
91
92
287
303
326
340
254
354
384
403
293
423
431
457
333
425
407
377
Net Income (Common)
(6)
N/A
35
N/A
65
+86%
76
+17%
89
+16%
143
+61%
192
+34%
265
+38%
307
+16%
378
+23%
328
-13%
264
-20%
292
+11%
113
-61%
81
-28%
122
+51%
(286)
N/A
(243)
+15%
(185)
+24%
(200)
-8%
211
N/A
53
-75%
53
-2%
47
-10%
48
+2%
246
+412%
265
+8%
290
+9%
307
+6%
231
-25%
322
+39%
352
+9%
373
+6%
273
-27%
397
+45%
408
+3%
433
+6%
316
-27%
405
+28%
391
-4%
365
-7%
EPS (Diluted)
-0.01
N/A
0.15
N/A
0.24
+60%
0.23
-4%
0.29
+26%
0.46
+59%
0.49
+7%
0.67
+37%
0.78
+16%
0.96
+23%
0.83
-14%
0.67
-19%
0.75
+12%
0.29
-61%
0.22
-24%
0.33
+50%
-0.75
N/A
-0.62
+17%
-0.42
+32%
-0.44
-5%
0.49
N/A
0.12
-76%
0.13
+8%
0.12
-8%
0.12
N/A
0.56
+367%
0.6
+7%
0.66
+10%
0.7
+6%
0.54
-23%
0.76
+41%
0.85
+12%
0.91
+7%
0.67
-26%
0.98
+46%
1.01
+3%
1.08
+7%
0.79
-27%
1.02
+29%
0.99
-3%
0.92
-7%

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