Element Fleet Management Posts Record 2025 Results, Boosts Dividend and Sets Ambitious 2026 Targets

An announcement from Element Fleet Management ( (TSE:EFN) ) is now available.

Element Fleet Management reported record 2025 net revenue of $1.2 billion, up 9% year over year, with adjusted diluted EPS rising 13% and operating margin expanding to 56.2%, supported by disciplined expense growth. Strong client demand drove record order volumes of $6.2 billion and a 3% increase in vehicles under management to 1.56 million.

The company advanced its digital strategy with the acquisition of vehicle-based payments pioneer Car IQ, lifted its annual common dividend by 15%, and repurchased 5.4 million shares, signaling confidence in its cash generation and growth prospects. Element also introduced 2026 guidance targeting 8% to 10% net revenue growth, positive operating leverage, and continued gains in adjusted earnings and free cash flow, underscoring its focus on scalability and shareholder returns.

The most recent analyst rating on (TSE:EFN) stock is a Buy with a C$41.00 price target. To see the full list of analyst forecasts on Element Fleet Management stock, see the TSE:EFN Stock Forecast page.

Spark’s Take on TSE:EFN Stock

According to Spark, TipRanks’ AI Analyst, TSE:EFN is a Neutral.

Element Fleet Management’s overall score is driven by strong profitability but offset by high leverage and negative cash flows. Technical indicators suggest bearish momentum, and the valuation is moderate with a reasonable P/E ratio and low dividend yield.

To see Spark’s full report on TSE:EFN stock, click here.

More about Element Fleet Management

Element Fleet Management is the largest publicly traded pure-play automotive fleet manager, providing fleet financing and management services for corporate and commercial vehicle fleets. The Toronto-based company focuses on scaling its technology platform and digital capabilities to support clients across its markets and enhance long-term growth and returns.

Average Trading Volume: 717,329

Technical Sentiment Signal: Buy

Current Market Cap: C$13.51B

For a thorough assessment of EFN stock, go to TipRanks’ Stock Analysis page.