Element Fleet Management Corp.
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in mil. unless spec.Company Description
- CEO
- Laura L. Dottori-Attanasio
- Full Time Employees
- 3,000
- Sector
- Industrials
- Industry
- Rental & Leasing Services
- Address
- 161 Bay Street Toronto ON Canada M5J 2S1
- IPO Date
- Aug 17, 2012
- CIK
- 0002073615
- Website
- elementfleet.com
- Similar Companies
- Business
- Element Fleet Management Corp. (TSX: EFN) operates as the largest publicly traded pure-play automotive fleet manager, providing end-to-end fleet management services and intelligent mobility solutions to corporate, commercial, government, and public sector clients across North America, Australia, and New Zealand; core offerings encompass vehicle acquisition and financing, maintenance management, accident and risk services, telematics and route optimization, fuel and toll management, remarketing, material handling equipment solutions, and strategic advisory on fleet electrification, decarbonization, and electric vehicle integration including hybrids and charging infrastructure. Headquartered in Toronto, Ontario, Canada, with key offices in Owings Mills, Maryland, USA, and Mississauga, Ontario, the company was founded in 1946 and employs approximately 2,900 people, serving diverse industries such as construction, energy, food and beverage, healthcare, transportation, and utilities with over 1.5 million commercial vehicles under management. Recent developments include the February 2025 strategic funding partnership with Blackstone Credit & Insurance for a CAD $500 million portfolio of Canadian fleet lease receivables to optimize funding and growth; the May 2025 US$100 million initial funding arrangement with IFC to accelerate electric vehicle adoption in Mexico; the August 2025 launch of Element Mobility division with partnerships alongside Samsara and Motus for enhanced tech-enabled solutions; and the December 2025 announced acquisition of Car IQ to pioneer vehicle-initiated payments technology within its fleet ecosystem.
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Element Fleet Management Corp. (ELEEF) Q4 2024 Earnings Call Transcript
Element Reports Fourth Quarter and Record 2024 Financial Results; Reaffirms Full-Year 2025 Guidance