Tearsheet

WEX (WEX)

Market Price (9/15/2025): $169.71 | Market Cap: $5.8 Bil
Sector: Financials | Industry: Transaction & Payment Processing Services

WEX (WEX)

Market Price (9/15/2025): $169.71
Market Cap: $5.8 Bil
Sector: Financials
Industry: Transaction & Payment Processing Services

Investment Highlights

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.3%	Weak multi-year price returns 2Y Excs Rtn is -62%, 3Y Excs Rtn is -54%	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.6%, Rev Chg QQuarterly Revenue Change % is -2.1%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10%
2	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%
3	Low stock price volatility Vol 12M is 46%

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.3%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10%
2	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -26%
3	Low stock price volatility Vol 12M is 46%
4	Weak multi-year price returns 2Y Excs Rtn is -62%, 3Y Excs Rtn is -54%
5	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.6%, Rev Chg QQuarterly Revenue Change % is -2.1%

Market Valuation

	9/15/25	2024	2023	2022	2021
Share Price CYE	$169.71	$175.32	$194.55	$163.65	$140.39
Market Cap CYE ($ Bil)	5.8	6.9	8.2	7.2	6.3
Total Debt ($ Bil)	5.4	4.4	3.9	2.7	2.9
Total Cash ($ Bil)	4.9	4.4	4.0	2.3	1.5
Enterprise Value ($ Bil)	6.3	11.3	12.1	9.9	9.2
Valuation Ratios
P/S TTM	2.2	2.7	3.3	3.1	3.4
P/EBIT TTM	9.0	10.9	14.5	23.6	21.4
P/E TTM	19.0	23.1	31.2	36.1	62754.3
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8	2.8	3.4
P/EBIT TTM (Sector)	7.2	6.9	7.1	7.1	7.0
P/E TTM (Sector)	12.8	11.6	10.1	9.4	10.0

	9/15/25	2024	2023
Share Price CYE	$169.71	$175.32	$194.55
Market Cap CYE ($ Bil)	5.8	6.9	8.2
Total Debt ($ Bil)	5.4	4.4	3.9
Total Cash ($ Bil)	4.9	4.4	4.0
Enterprise Value ($ Bil)	6.3	11.3	12.1
Valuation Ratios
P/S TTM	2.2	2.7	3.3
P/EBIT TTM	9.0	10.9	14.5
P/E TTM	19.0	23.1	31.2
Sector Ratios
P/S TTM (Sector)	3.2	3.1	2.8
P/EBIT TTM (Sector)	7.2	6.9	7.1
P/E TTM (Sector)	12.8	11.6	10.1

Stock Price
Market Cap

Stock Price Chart

Return (1Y):

Market Cap Chart

Business Description

WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. Show more

Price Returns Compared

Expand for Detailed View

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
WEX Return	-3%	-31%	17%	19%	-10%	-3%	-19%
Peers Return	5%	-6%	-8%	9%	11%	-3%	7%
S&P 500 Return	16%	27%	-19%	24%	23%	12%	104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: JKHY, EEFT, WU, V, MA. See WEX Returns vs. Peers.
[3] 2025 data is for the year up to 9/12/2025 (YTD)

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	WEX Earnings Notes
2	WEX vs Cheniere Energy: Which Is A Better Investment?	Counter-Intuitive Comparisons
3	WEX vs Interactive Brokers: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	How Does WEX Stack Up Against Its Peers?	Peer Comparison
5	Better Bet Than WEX Stock: Pay Less Than WEX To Get More From UNH, OKE
6	Better Bet Than WEX Stock: Pay Less Than WEX To Get More From IBKR, JEF
7	Better Bet Than WEX Stock: Pay Less Than WEX To Get More From EEFT
8	WEX Dip Buy Analysis
9	WEX Total Shareholder Return (TSR): -9.9% in 2024 and 7.7% 3-yr compounded annual returns (above peer average)
10	WEX (WEX) Operating Cash Flow Comparison	Financials

	Title
0	ARTICLES
1	WEX Earnings Notes
2	WEX vs Cheniere Energy: Which Is A Better Investment?
3	WEX vs Interactive Brokers: Which Is A Better Investment?
4	How Does WEX Stack Up Against Its Peers?
5	Better Bet Than WEX Stock: Pay Less Than WEX To Get More From UNH, OKE
6	Better Bet Than WEX Stock: Pay Less Than WEX To Get More From IBKR, JEF
7	Better Bet Than WEX Stock: Pay Less Than WEX To Get More From EEFT
8	WEX Dip Buy Analysis
9	WEX Total Shareholder Return (TSR): -9.9% in 2024 and 7.7% 3-yr compounded annual returns (above peer average)
10	WEX (WEX) Operating Cash Flow Comparison

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	11249.2%	11249.2%
2	GIBO	GIBO	7400.0%
3	LNZA	LanzaTech Global	4710.5%	-85.8%
4	CHSN	Chanson International	3717.0%	-99.3%
5	QMMM	QMMM	2669.4%	5698.4%
6	VTAK	Catheter Precision	1332.7%	-71.4%
7	CURX	Curanex Pharmaceuticals	1309.0%	1309.0%
8	OCTO	Eightco	811.9%	562.1%
9	WLDS	Wearable Devices	708.6%	8.0%
10	PTNM	Pitanium	423.7%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	BINI	Bollinger Innovations	-93.4%	-100.0%
2	ETS	Elite Express	-92.8%	-92.8%
3	CJET	Chijet Motor	-92.7%	-94.6%
4	ELPW	Elong Power	-91.7%	-75.8%
5	STFS	Star Fashion Culture	-91.4%	-97.8%
6	JEM	707 Cayman	-90.4%	-98.0%
7	FLYE	Fly-E	-90.4%	-82.8%
8	NXTT	Next Technology	-89.3%	-93.8%
9	NUTR	NusaTrip	-87.2%	-87.2%
10	CUPR	Cuprina	-84.3%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GCTK	GlucoTrack	117.5%	-97.6%
2	OPI	Office Properties Income Trust	78.6%	-42.6%
3	HCWB	HCW Biologics	68.4%	-68.7%
4	AGAE	Allied Gaming & Entertainment	62.4%	86.8%
5	ATCH	AtlasClear	53.4%	-95.9%
6	SONN	Sonnet BioTherapeutics	49.0%	304.1%
7	EVTV	Envirotech Vehicles	48.4%	-66.3%
8	ISPC	iSpecimen	47.7%	-26.6%
9	ENTO	Entero Therapeutics	37.0%	68.8%
10	IBEX	IBEX	36.5%	93.5%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	NXTT	Next Technology	-57.4%	-93.8%
2	VCIG	VCI Global	-42.8%	-98.7%
3	RENT	Rent the Runway	-36.4%	-40.9%
4	NUAI	New Era Energy & Digital	-30.5%
5	AEI	Alset	-29.6%	156.9%
6	NAKA	Kindly MD	-29.5%
7	XTIA	XTI Aerospace	-24.6%	-85.8%
8	FARM	Farmer Bros	-21.5%	1.7%
9	FEIM	Frequency Electronics	-21.0%	46.5%
10	MSS	Maison Solutions	-20.4%	-27.6%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	OCTO	Eightco	900.0%	562.1%
2	QMMM	QMMM	875.3%	5698.4%
3	WLDS	Wearable Devices	780.4%	8.0%
4	CWD	CaliberCos	268.8%	-45.1%
5	AIRE	ReAlpha Tech	257.5%	-49.8%
6	PTNM	Pitanium	154.0%
7	OPI	Office Properties Income Trust	144.0%	-42.6%
8	HYPD	Hyperion DeFi	144.0%
9	ISPC	iSpecimen	128.4%	-26.6%
10	EDHL	Everbright Digital	127.6%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	DGNX	Diginex	-85.6%
2	LGCL	Lucas GC	-69.1%	-76.6%
3	YYGH	YY	-68.7%	-76.6%
4	BINI	Bollinger Innovations	-61.6%	-100.0%
5	IPDN	Professional Diversity Network	-54.5%	-41.4%
6	INHD	Inno	-53.4%	-4.4%
7	CDT	CDT Equity	-49.2%	-99.4%
8	NFE	New Fortress Energy	-46.5%	-91.3%
9	TGHL	Growhub	-44.8%
10	SLXN	Silexion Therapeutics	-43.1%	-86.5%

Peer Comparisons for WEX

Financials

	WEX	JKHY	EEFT	WU	V	MA	Median
Name	WEX	Jack Hen.	Euronet .	Western .	Visa	Masterca.
Mkt Price	169.73	160.12	90.83	8.40	339.43	580.41	164.93
Mkt Cap	5.8	11.7	3.8	2.8	625.6	529.3	8.7
Rev LTM	2,598	2,375	4,136	4,104	38,893	29,069	4,120
Op Inc LTM	668	569	539	713	25,864	16,870	690
FCF LTM	269	410	587	374	22,083	14,315	499
FCF 3Y Avg	573	307	602	385	19,899	11,704	588
CFO LTM	425	642	705	494	23,485	15,488	673
CFO 3Y Avg	724	530	709	537	21,134	12,851	717

Growth & Margins

	WEX	JKHY	EEFT	WU	V	MA	Median
Name	WEX	Jack Hen.	Euronet .	Western .	Visa	Masterca.
Rev Chg LTM	-1.6%	7.2%	8.7%	-3.8%	11.4%	13.1%	8.0%
Rev Chg 3Y Avg	7.7%	6.9%	9.1%	-5.5%	11.5%	13.5%	8.4%
Rev Chg Q	-2.1%	9.9%	8.9%	-3.8%	14.3%	14.2%	9.4%
QoQ Delta Rev Chg LTM	-0.5%	2.4%	2.2%	-1.0%	3.4%	3.2%	2.3%
Op Mgn LTM	25.7%	23.9%	13.0%	17.4%	66.5%	58.0%	24.8%
Op Mgn 3Y Avg	25.4%	23.1%	12.3%	18.0%	66.8%	58.0%	24.2%
QoQ Delta Op Mgn LTM	-0.3%	0.7%	0.3%	0.2%	-0.0%	0.1%	0.1%
CFO/Rev LTM	16.3%	27.0%	17.0%	12.0%	60.4%	53.3%	22.0%
CFO/Rev 3Y Avg	28.5%	23.7%	18.7%	12.6%	60.1%	49.5%	26.1%
FCF/Rev LTM	10.4%	17.3%	14.2%	9.1%	56.8%	49.2%	15.7%
FCF/Rev 3Y Avg	22.6%	13.6%	15.9%	9.1%	56.6%	45.1%	19.3%

Valuation

	WEX	JKHY	EEFT	WU	V	MA	Median
Name	WEX	Jack Hen.	Euronet .	Western .	Visa	Masterca.
Mkt Cap	5.8	11.7	3.8	2.8	625.6	529.3	8.7
P/S	2.2	4.9	0.9	0.7	16.1	18.2	3.6
P/EBIT	9.0	19.5	6.9	3.8	25.1	32.3	14.3
P/E	19.0	25.6	11.6	3.1	30.8	40.3	22.3
P/CFO	13.7	18.2	5.5	5.6	26.6	34.2	15.9
Total Yield	5.3%	4.6%	8.7%	44.0%	3.8%	2.5%	4.9%
Dividend Yield	0.0%	0.7%	0.0%	11.5%	0.6%	0.0%	0.3%
FCF Yield 3Y Avg	8.1%	2.4%	12.3%	10.7%	4.1%	2.7%	6.1%
D/E	0.9	0.0	0.7	1.0	0.0	0.0	0.4
Net D/E	0.1	-0.0	0.1	-0.0	0.0	0.0	0.0

Returns

	WEX	JKHY	EEFT	WU	V	MA	Median
Name	WEX	Jack Hen.	Euronet .	Western .	Visa	Masterca.
1M Rtn	-2.7%	0.2%	-5.3%	0.5%	-1.5%	-0.2%	-0.8%
3M Rtn	23.3%	-10.3%	-15.7%	0.1%	-3.6%	3.4%	-1.8%
6M Rtn	10.1%	-8.3%	-11.2%	-17.3%	2.6%	10.3%	-2.8%
12M Rtn	-14.6%	-7.9%	-8.2%	-22.3%	19.0%	18.3%	-8.0%
3Y Rtn	14.8%	-13.7%	5.7%	-24.5%	78.2%	86.4%	10.2%
1M Excs Rtn	-5.5%	-3.5%	-8.9%	-3.0%	-2.7%	-1.4%	-3.2%
3M Excs Rtn	12.3%	-19.7%	-27.9%	-14.3%	-17.4%	-10.3%	-15.9%
6M Excs Rtn	-6.4%	-27.3%	-29.2%	-35.5%	-15.6%	-7.3%	-21.4%
12M Excs Rtn	-31.9%	-27.1%	-25.8%	-42.4%	-0.0%	-0.2%	-26.5%
3Y Excs Rtn	-53.8%	-80.6%	-62.4%	-92.2%	8.2%	14.4%	-58.1%

Comparison Analyses

	Title
0	How Does WEX Stack Up Against Its Peers?
1	Why WEX With 20% Upside May Beat WU?
2	Wex vs. Genpact: With Return Forecast Of 56%, Wex Is A Better Bet
3	Wex vs. CoStar Group: With Return Forecast Of 72%, CoStar Group Is A Better Bet
4	Wex vs. MSCI: With Return Forecast Of 48%, Wex Is A Better Bet
5	Wex vs. HubSpot: With Return Forecast Of 62%, HubSpot Is A Better Bet
6	Wex vs NAPCO Security Technologies: Similar Income; Which Stock Is A Better Bet?
7	Wex vs Ansys, Inc: Similar Revenue; Which Stock Is A Better Bet?
8	Wex vs Altair Engineering: Similar Income; Which Stock Is A Better Bet?
9	Wex vs EQT: Similar Market Cap; Which Stock Is A Better Bet?

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End		12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date		2/20/2025	2/23/2024	2/28/2023	3/1/2022	3/1/2021	2/28/2020
Key Financials
Total Revenue	2,598	2,628	2,548	2,351	1,851	1,560	1,724
Ebitda	978	975	850	572	566	118	588
Operating Income	668	686	647	606	342	171	386
Net Income	306	310	267	201	0	-244	99
EPS	8.00	7.59	6.23	4.54	0.00	-5.56	2.29
Growth Rates
Total Revenue Growth	-1.6%	3.1%	8.4%	27.0%	18.6%	-9.5%	15.5%
EBITDA Growth	12.5%	14.8%	48.6%	1.1%	379.7%	-80.0%	8.3%
Operating Income Growth	0.2%	6.1%	6.7%	77.4%	100.4%	-55.8%	-0.1%
Net Income Growth	24.5%	16.1%	32.4%	201300.0%	100.0%	-346.1%	-41.2%
Margins
EBITDA Margin	37.6%	37.1%	33.3%	24.3%	30.6%	7.6%	34.1%
Operating Income Margin	25.7%	26.1%	25.4%	25.8%	18.5%	10.9%	22.4%
Net Income Margin	11.8%	11.8%	10.5%	8.6%	0.0%	-15.6%	5.7%
Cash & Debt
Total Cash	4,915	4,360	3,998	2,317	1,538	852	811
Total Debt	5,442	4,375	3,869	2,725	2,851	3,027	2,935
Net Debt / (Cash)	527	15	-129	408	1,314	2,175	2,124
Cash Flows
Net Cash from Operations	425	481	908	679	-43	737	663
Free Cash from Operations	269	329	760	563	-129	656	560
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	1,278	652	303	283	-0	-0	-0

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3
Period End	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Filing Date	7/24/2025	5/1/2025	2/20/2025	10/24/2024	7/25/2024	4/25/2024	2/23/2024	10/27/2023	7/27/2023	4/27/2023	2/28/2023	10/28/2022
Key Financials Quarterly
Total Revenue	660	637	636	666	674	653	663	651	621	612	619	616
Ebitda	242	235	220	281	246	229	229	167	225	218	142	57
Operating Income	157	157	157	196	168	164	158	175	159	154	155	158
Net Income	68	72	64	103	77	66	85	18	95	68	89	-44
EPS	1.98	1.84	1.62	2.56	1.85	1.57	2.00	0.43	2.22	1.58	2.03	-1.00
Key Financials TTM
Total Revenue TTM	2,598	2,612	2,628	2,655	2,641	2,589	2,548	2,503	2,468	2,445	2,350	2,229
Ebitda TTM	978	981	975	984	870	849	838	751	642	563	572	593
Operating Income TTM	668	679	686	688	666	657	647	644	627	638	606	559
Net Income TTM	306	315	310	331	246	264	267	270	208	147	202	101
Growth Rates Quarterly
Total Revenue Growth	-2.1%	-2.5%	-4.0%	2.2%	8.4%	6.7%	7.2%	5.7%	3.9%	18.3%	24.3%	27.6%
EBITDA Growth	-1.3%	2.7%	-3.9%	68.6%	9.2%	5.0%	61.4%	191.4%	54.2%	-4.0%	-13.0%	-66.8%
Operating Income Growth	-6.8%	-4.4%	-0.8%	12.2%	5.5%	6.6%	2.0%	10.9%	-6.8%	26.3%	43.5%	56.4%
Net Income Growth	-11.6%	8.7%	-24.7%	459.2%	-19.2%	-3.2%	-4.3%	141.7%	179.5%	-44.6%	851.9%	-191.3%
Margins Quarterly
EBITDA Margin	36.7%	36.9%	34.5%	42.2%	36.5%	35.0%	34.5%	25.6%	36.2%	35.6%	22.9%	9.3%
Operating Income Margin	23.8%	24.7%	24.7%	29.5%	25.0%	25.2%	23.9%	26.8%	25.7%	25.2%	25.1%	25.6%
Net Income Margin	10.3%	11.2%	10.0%	15.5%	11.4%	10.1%	12.8%	2.8%	15.3%	11.1%	14.3%	-7.2%
Cash & Debt
Total Cash	4,915	4,439	4,360	4,258	4,005	4,084	3,998	3,583	3,542	3,400	2,317	2,139
Total Debt	5,442	5,585	4,375	4,579	4,208	4,194	3,869	3,607	3,222	2,922	2,725	2,801
Net Debt / (Cash)	527	1,146	15	321	203	110	-129	24	-320	-478	408	662
Cash Flows Quarterly
FCF from Operations	265	-482	638	3	-7	-153	762	46	72	27	573	428
Cash Flows TTM
FCF from Operations TTM	425	153	481	605	648	728	908	719	1,100	875	679	74
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	10	790	108	370	100	74	151	49	3	101	133	69
Return on Invested Capital (ROIC) Quarterly
ROIC	86.9%	39.1%	3398.7%	178.6%	240.4%	437.3%	-	1188.2%	-	-	108.6%	95.3%
Return on Invested Capital (ROIC) TTM
ROIC TTM	93.5%	43.7%	3460.7%	159.0%	231.3%	438.1%	-	1854.0%	-	-	95.6%	46.0%

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Mobility	1,383	1,444	1,111	918	1,038
Benefits	668	504	414	364	317
Corporate Payments	497	402	325	278	368
Total	2,548	2,350	1,850	1,560	1,724

Operating Income by Segment

$ Mil	2024	2023	2022	2021	2020
Mobility	599	693	557	384	486
Corporate Payments	277	193	87	62	169
Benefits	242	134	104	97	80
Impairment charges	0	-136	0	-53	0
Other acquisition and divestiture related items	-7	-18	-40	-58	-38
Other costs	-46	-40	-23	-14	-25
Unallocated corporate expenses	-103	-84	-78	-63	-68
Stock-based compensation	-132	-101	-77	-66	-48
Acquisition-related intangible amortization	-184	-170	-182	-171	-159
Debt restructuring costs			-6	-1	-11
Legal settlement				-162	0
Loss on sale of subsidiary				-46	0
Total	647	470	342	-92	386

Price Behavior

Behavior Stats
Betas Matrix

Price Behavior

Market Price	$169.73
Market Cap ($ Bil)	5.8
First Trading Date	02/16/2005
Distance from 52W High	-21.6%
	50 Days	200 Days
DMA Price	$166.41	$157.55
DMA Trend	down	up
Distance from DMA	2.0%	7.7%
	3M	1YR
Volatility	29.8%	46.0%
Downside Capture	196.08	124.30
Upside Capture	207.75	87.73
Correlation (SPY)	48.4%	60.2%

WEX Betas & Captures as of 8/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.06	1.24	1.39	1.55	1.38	1.29
Up Beta	1.09	-0.13	0.55	1.53	1.63	1.50
Down Beta	0.48	0.82	1.04	1.68	1.50	1.41
Up Capture	111%	246%	235%	168%	82%	101%
Bmk +ve Days	10	22	35	71	142	415
Stock +ve Days	10	22	35	63	124	395
Down Capture	135%	179%	143%	135%	109%	103%
Bmk -ve Days	11	19	27	54	106	334
Stock -ve Days	11	19	27	62	124	353

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date	8292025
Short Interest: Shares Quantity	1,448,789
Short Interest: % Change Since 8152025	8.1%
Average Daily Volume	346,469
Days-to-Cover Short Interest	4.18
Basic Shares Quantity	34,300,000
Short % of Basic Shares	4.2%

Returns Analyses

	Title
0	How Low Can WEX Stock Go In A Market Crash?
1	WEX Stock Return Comparison
2	Wex (WEX) Stock Return: AI Predicts WEX Average and Excess Return After a Fall or Rise

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
7/23/2025	6.5%	5.1%	3.8%
4/30/2025	-6.8%	-7.0%	2.0%
2/5/2025	-18.7%	-19.2%	-15.0%
10/24/2024	-15.0%	-18.4%	-14.7%
7/25/2024	-3.7%	2.6%	1.8%
4/25/2024	-7.8%	-10.2%	-19.2%
2/8/2024	2.3%	6.6%	13.1%
10/26/2023	-8.0%	-6.3%	-2.8%
...
SUMMARY STATS
# Positive	9	10	8
# Negative	15	14	16
Median Positive	4.1%	5.0%	7.3%
Median Negative	-6.8%	-8.6%	-6.2%
Max Positive	7.1%	7.0%	35.9%
Max Negative	-18.7%	-19.2%	-38.4%

	Forward Returns
7/23/2025	6.5%	5.1%	3.8%
4/30/2025	-6.8%	-7.0%	2.0%
2/5/2025	-18.7%	-19.2%	-15.0%
10/24/2024	-15.0%	-18.4%	-14.7%
7/25/2024	-3.7%	2.6%	1.8%
4/25/2024	-7.8%	-10.2%	-19.2%
2/8/2024	2.3%	6.6%	13.1%
10/26/2023	-8.0%	-6.3%	-2.8%
7/27/2023	-2.9%	-3.6%	-5.8%
4/27/2023	-0.6%	-4.1%	-3.8%
2/9/2023	7.1%	6.1%	-3.5%
10/27/2022	7.1%	5.8%	10.8%
7/28/2022	-0.1%	0.2%	-1.9%
4/28/2022	1.1%	4.1%	0.3%
2/10/2022	1.1%	3.4%	-2.7%
10/28/2021	-12.7%	-19.1%	-28.4%
7/29/2021	-4.1%	-12.1%	-11.3%
2/24/2021	0.0%	-6.5%	-8.8%
10/29/2020	-5.7%	4.8%	35.9%
7/30/2020	-6.0%	-2.6%	-4.7%
5/7/2020	5.9%	-10.8%	35.4%
2/13/2020	4.1%	7.0%	-38.4%
10/31/2019	-7.2%	-3.7%	-1.3%
8/1/2019	-6.9%	-10.9%	-6.6%
SUMMARY STATS
# Positive	9	10	8
# Negative	15	14	16
Median Positive	4.1%	5.0%	7.3%
Median Negative	-6.8%	-8.6%	-6.2%
Max Positive	7.1%	7.0%	35.9%
Max Negative	-18.7%	-19.2%	-38.4%

SEC Filings

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Report Date	Filing
6302025	10-Q 6/30/2025
3312025	10-Q 3/31/2025
12312024	10-K 12/31/2024
9302024	10-Q 9/30/2024
6302024	10-Q 6/30/2024
3312024	10-Q 3/31/2024
12312023	10-K 12/31/2023
9302023	10-Q 9/30/2023
6302023	10-Q 6/30/2023
3312023	10-Q 3/31/2023
12312022	10-K 12/31/2022
9302022	10-Q 9/30/2022
6302022	10-Q 6/30/2022
3312022	10-Q 3/31/2022
12312021	10-K 12/31/2021
9302021	10-Q 9/30/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Drew Ann Elena	Chief Risk and Compliance	8082025	Sell	171.69	1,931	331,533	1,252,479	Form
1	Carriedo Carlos	COO, Amer. Payments & Mobility	8042025	Sell	171.68	875	150,224	904,776	Form
2	Kimball Jennifer	Chief Accounting Officer	6042025	Sell	131.08	1,400	183,512	416,441	Form
3	Smith Melissa D	Chair, CEO, and President	6022025	Buy	134.57	3,721	500,720	13,615,667	Form
4	Tinto Melanie J	Chief People Officer	2132025	Sell	152.65	3,243	495,044	796,528	Form

Industry Resources

Financials Resources

Federal Reserve Economic Data

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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WEX (WEX)

Market Price (9/15/2025): $169.71 | Market Cap: $5.8 BilSector: Financials | Industry: Transaction & Payment Processing Services

WEX (WEX)

Market Price (9/15/2025): $169.71Market Cap: $5.8 BilSector: FinancialsIndustry: Transaction & Payment Processing Services

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Market Price (9/15/2025): $169.71 | Market Cap: $5.8 Bil
Sector: Financials | Industry: Transaction & Payment Processing Services

Market Price (9/15/2025): $169.71
Market Cap: $5.8 Bil
Sector: Financials
Industry: Transaction & Payment Processing Services