WEX Inc. (WEX)
NYSE: WEX · Real-Time Price · USD
176.15
+4.68 (2.73%)
Jul 24, 2026, 4:00 PM EDT - Market closed

WEX Inc. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,7922,6612,6282,5482,3511,851
Revenue Growth
7.46%1.24%3.14%8.40%27.02%18.63%
Gross Profit
1,8191,7121,7241,6791,5261,261
Operating Income
711.3663.9686.3647.1469.8342
Net Income
80.3304.1309.6266.6201.4135.4
Earnings Per Share
10.048.477.506.164.50-
EPS Growth
26.93%12.93%21.75%36.89%--

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Payment Processing
1,2151,1431,2011,2141,156859
Account Servicing
729.3726690.6646.4569.3526.9
Finance Fee
347.2321.3298.2314.2360.5255.3
Other Product
501470.7438.9373.7264.9209.4
Revenue (Total)
2,7922,6612,6282,5482,3511,851

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6,1025,2394,3611,043970628.57
Total Debt
5,3574,8584,3753,8692,7252,851
Net Cash (Debt)
744.4380.3-14.8-2,826-1,755-2,223
Net Cash Growth
------
Net Cash Per Share
21.3110.59-0.36-65.27-39.26-49.06

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
262.9454.3481.4907.9679.4-42.6
Capital Expenditures
-154.4-140.6-147.3-143.6-112.9-86
Free Cash Flow
108.5313.7334.1764.3566.5-128.6
Free Cash Flow Growth
-61.77%-6.11%-56.29%34.92%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
65.15%64.35%65.61%65.90%64.92%68.12%
Operating Margin
25.48%24.95%26.11%25.40%19.99%18.48%
Pretax Margin
17.39%15.79%15.90%14.47%11.08%11.02%
Profit Margin
2.88%11.43%11.78%10.46%7.13%7.35%
FCF Margin
3.89%11.79%12.71%30.00%24.10%-6.95%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
17.5317.5923.3831.5836.37-
Forward PE
8.638.6810.8012.3312.0013.61
P/FCF Ratio
55.3316.2920.4710.6712.48-
PS Ratio
2.151.922.603.203.013.40