Element Fleet Management Corp. Earnings Recaps
Q3 2025
Nov 14, 2025
Element Fleet Management achieved robust Q3 2025 results with double-digit growth in net revenue and record performance across key financial metrics, highlighting effective execution of its strategic initiatives.
Key takeaways
- Net revenue reached $306 million, a 10% year-over-year increase, driven by strong service and financing revenues.
- Adjusted operating income, earnings per share, and free cash flow per share all demonstrated double-digit growth.
- New client acquisitions remained strong with 38 new clients added and 278 new service enrollments, enhancing share of wallet.
- The launch of the Element mobile app and advances in the digital ordering platform mark significant progress in improving client experience.
- An adjusted return on equity of 18.8% signifies effective capital management, with $61 million returned to shareholders through dividends and share buybacks.
Q2 2025
Aug 8, 2025
Element Fleet Management achieved record results in Q2 2025, driven by robust top-line growth, disciplined expense management, and strategic client expansions, setting a strong trajectory for the year.
Key takeaways
- Adjusted earnings per share rose 7% year-over-year to $0.30, while free cash flow per share increased 8% to $0.40.
- Net revenue increased 6% year-over-year to $290 million, with services revenue growing 8% and net financing revenue up 4% despite foreign exchange headwinds.
- The company welcomed 46 new clients and expanded its service enrollments by 265, enhancing its recurring revenue base.
- The creation of Element Mobility and new partnerships with industry leaders signal a strategic pivot toward integrated, tech-enabled solutions.
- Adjusted return on equity improved to 17.5%, reflecting effective capital management and operational efficiencies.