Element Fleet Management Corp. (TSX:EFN)

Element Fleet Management Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	159.22	128.85	96.42	50.89	35.77
Trading Asset Securities	34.75	23.98	61.69	81.28	15.85
Cash & Short-Term Investments	193.97	152.83	158.11	132.17	51.62
Cash Growth	26.92%	-3.34%	19.63%	156.02%	18.47%
Accounts Receivable	7,339	6,394	5,699	4,849	6,038
Other Receivables	-	-	512.41	396.88	-
Receivables	7,339	6,394	6,212	5,246	6,038
Restricted Cash	344.84	279.78	254.22	320.17	316.82
Other Current Assets	1,258	1,452	1,235	891.67	4.93
Total Current Assets	9,136	8,279	7,859	6,590	6,411
Property, Plant & Equipment	2,955	2,548	2,749	2,134	1,889
Goodwill	1,066	1,030	957.91	956.9	964.83
Other Intangible Assets	615.18	642.47	638.41	638.83	655.88
Long-Term Deferred Tax Assets	111.79	201.11	226.77	270	330.08
Total Assets	13,884	12,701	12,431	10,590	10,252
Accounts Payable	1,052	1,142	1,043	975.52	853.04
Accrued Expenses	105.51	106.06	81.97	47.24	42.66
Current Portion of Long-Term Debt	774.12	412.83	650.26	60.39	22.58
Current Portion of Leases	4.09	-	-	-	-
Other Current Liabilities	46.05	8.74	5.42	12.34	-
Total Current Liabilities	1,981	1,669	1,781	1,095	918.27
Long-Term Debt	8,957	8,064	7,518	6,629	6,478
Long-Term Leases	87.94	90.57	82.8	47.49	57.73
Long-Term Deferred Tax Liabilities	137.5	102.86	105.1	97.92	70.57
Total Liabilities	11,164	9,926	9,487	7,870	7,525
Common Stock	2,237	2,264	2,109	2,119	2,332
Retained Earnings	687.31	650.4	424.65	95.53	-17.81
Comprehensive Income & Other	-203.96	-140.14	229	235.32	7.92
Total Common Equity	2,720	2,774	2,763	2,450	2,322
Shareholders' Equity	2,720	2,774	2,944	2,720	2,727
Total Liabilities & Equity	13,884	12,701	12,431	10,590	10,252
Total Debt	9,823	8,567	8,251	6,737	6,558
Net Cash (Debt)	-9,629	-8,414	-8,093	-6,605	-6,507
Net Cash Per Share	-23.97	-20.82	-19.97	-15.98	-14.81
Filing Date Shares Outstanding	397.9	403.34	389.17	392.38	399.76
Total Common Shares Outstanding	399.25	404.5	389.17	392.5	399.76
Working Capital	7,154	6,610	6,078	5,495	5,493
Book Value Per Share	6.81	6.86	7.10	6.24	5.81
Tangible Book Value	1,039	1,102	1,166	854.25	701.77
Tangible Book Value Per Share	2.60	2.72	3.00	2.18	1.76
Machinery	49.34	46.82	42.46	62.31	62.01
Leasehold Improvements	35.84	22.87	20.96	12.05	13.52

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.