PEACHTREE CORNERS, Ga.--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions, today announces the Company’s addition to the S&P 500 Index. The S&P 500 Index comprises 500 leading U.S. companies that combine to capture approximately 80% of the total available U.S. market capitalization. Effective June 20th, the Company is now included in the S&P GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry Index.
“Becoming an S&P 500 company is an incredibly satisfying achievement for FLEETCOR,” said Ron Clarke, Chairman and Chief Executive Officer of FLEETCOR. “Our inclusion in the index speaks to the long-running success of our growth strategy and validates our go forward prospects.”
FLEETCOR’s inclusion in the S&P 500 comes after seven consecutive years of double-digit earnings growth since their IPO in 2010. As a result of the Company’s continued positive financial performance, FLEETCOR ranked #869 on the 2018 Fortune 1000. In addition, the Company was recently named among the World’s Most Innovative Companies by Forbes Magazine for the fourth year in a row, ranking #26 of 100 companies.
This series of accomplishments underscore FLEETCOR’s determination to innovating commercial payments for businesses around the world.
About FLEETCOR
FLEETCOR Technologies (NYSE:FLT) is a leading global provider of commercial payment solutions. The Company helps businesses of all sizes better control, simplify and secure payment of their fuel, toll, lodging and general payables. With its proprietary payment networks, FLEETCOR provides affiliated merchants with incremental sales and loyalty. FLEETCOR serves businesses, partners and merchants in North America, Latin America, Europe, and Australasia. For more information, please visit http://www.fleetcor.com/.