Last 7 days
-2.1%
Last 30 days
-4.7%
Last 90 days
-14.7%
Trailing 12 Months
-2.6%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MA | 347.9B | 22.8B | -3.91% | 2.15% | 36.01 | 15.25 | 14.69% | 1.79% |
ACN | 193.0B | 63.1B | 9.48% | 3.32% | 27.81 | 3.06 | 11.38% | 8.58% |
FIS | 35.1B | 14.5B | -3.74% | -47.54% | -2.1 | 2.42 | 2.83% | -1935.16% |
GPN | 25.6B | 9.1B | -5.16% | -25.30% | -177.24 | 2.81 | 4.85% | -114.24% |
AKAM | 14.1B | 3.6B | 14.38% | -8.83% | 28.87 | 3.88 | 3.02% | -22.55% |
MID-CAP | ||||||||
WEX | 7.1B | 2.4B | -4.72% | -2.60% | 48.4 | 2.9 | 24.92% | -27.14% |
EXLS | 5.0B | 1.5B | -13.98% | 6.15% | 31.81 | 3.39 | 24.65% | 32.87% |
MMS | 4.9B | 4.8B | -3.87% | 25.87% | 28.58 | 1.03 | 1.73% | -31.11% |
WU | 4.3B | 4.4B | 4.78% | -36.30% | 5.54 | 0.98 | -13.15% | -16.16% |
SMALL-CAP | ||||||||
MGI | 1.1B | 1.3B | 16.67% | 9.03% | 30.77 | 0.8 | 4.60% | 957.58% |
CNDT | 661.9M | 3.8B | -15.13% | -42.83% | -2.04 | 0.17 | -6.52% | -372.27% |
CASS | 529.6M | 189.7M | 5.46% | 14.12% | 15.68 | 2.79 | 19.22% | 13.33% |
IIIV | 525.5M | 345.7M | -1.51% | -2.02% | -70.97 | 1.52 | 22.43% | 55.73% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | 4.0% | 2,445 | 2,351 | 2,229 | 2,096 | 1,957 |
S&GA Expenses | 1.9% | 318 | 312 | 308 | 309 | 315 |
EBITDA | 4.8% | 549 | 524 | 638 | 510 | - |
EBITDA Margin | -0.6% | 0.23* | 0.24* | 0.30* | 0.26* | - |
Earnings Before Taxes | -12.5% | 228 | 261 | 238 | 352 | 313 |
EBT Margin | 3.9% | 0.11* | 0.11* | 0.17* | 0.16* | - |
Interest Expenses | 3.6% | 131 | 126 | 124 | 125 | - |
Net Income | -12.3% | 147 | 167 | 130 | 225 | 201 |
Net Income Margin | 22.3% | 0.07* | 0.06* | 0.11* | 0.10* | - |
Free Cahsflow | 77.9% | 567 | 318 | 40.00 | 115 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | 10.4% | 12,727 | 11,529 | 11,909 | 12,323 | 11,333 |
Current Assets | 18.1% | 8,051 | 6,817 | 7,199 | 7,426 | 6,338 |
Cash Equivalents | 0.0% | 922 | 922 | 759 | 439 | 578 |
Net PPE | 3.8% | 210 | 202 | 187 | 181 | 178 |
Goodwill | -0.1% | 2,726 | 2,729 | 2,703 | 2,873 | 2,916 |
Liabilities | 11.9% | 11,057 | 9,880 | 10,278 | 10,507 | 9,407 |
Current Liabilities | 19.2% | 7,503 | 6,294 | 6,414 | 6,399 | 5,253 |
LT Debt, Current | -11.0% | 156 | 176 | 158 | - | - |
LT Debt, Non Current | 4.3% | 2,631 | 2,522 | 2,644 | 2,762 | 2,774 |
Shareholder's Equity | 1.3% | 1,671 | 1,650 | 1,631 | 1,816 | 1,927 |
Retained Earnings | 4.6% | 1,559 | 1,491 | 1,402 | 1,446 | 1,412 |
Additional Paid-In Capital | 2.5% | 951 | 928 | 907 | 881 | 856 |
Accumulated Depreciation | 4.2% | 552 | 530 | 515 | 493 | 478 |
Shares Outstanding | -0.9% | 43.00 | 43.00 | 44.00 | 45.00 | 45.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | 28.8% | 875 | 679 | 424 | -58.76 | 6.00 |
Share Based Compensation | 1.6% | 99.00 | 98.00 | 91.00 | 85.00 | 81.00 |
Cashflow From Investing | -133.3% | -1,672 | -716 | -1,654 | -1,616 | -1,691 |
Cashflow From Financing | 113.6% | 1,455 | 681 | 1,872 | 1,991 | 1,981 |
Buy Backs | 35.7% | 384 | 283 | 150 | 81.00 | 0.00 |
84.6%
55.4%
28.1%
Y-axis is the maximum loss one would have experienced if WEX was unfortunately bought at previous high price.
8.4%
8.6%
-1.4%
3.9%
FIve years rolling returns for WEX.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-26 | ProShare Advisors LLC | reduced | -8.6 | 12,552 | 476,827 | -% |
2023-05-26 | ALTERNA WEALTH MANAGEMENT, INC | sold off | -100 | -226,328 | - | -% |
2023-05-23 | Brookfield Corp /ON/ | new | - | 1,997,780 | 1,997,780 | 0.01% |
2023-05-23 | Toroso Investments, LLC | added | 107 | 452,000 | 792,000 | 0.01% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -17.2 | -4,275,000 | 57,152,000 | 0.02% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -3.4 | 809,000 | 10,262,000 | 0.01% |
2023-05-18 | JPMORGAN CHASE & CO | added | 3.03 | 33,491,300 | 245,840,000 | 0.03% |
2023-05-17 | Sunbelt Securities, Inc. | new | - | 11,451 | 11,451 | -% |
2023-05-17 | Thrivent Financial for Lutherans | reduced | -13.38 | -106,000 | 3,860,000 | 0.01% |
2023-05-17 | HEADINVEST, LLC | new | - | 208,715 | 208,715 | 0.05% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
May 10, 2023 | vanguard group inc | 10.03% | 4,296,919 | SC 13G/A | |
Feb 10, 2023 | janus henderson group plc | 8.8% | 3,827,186 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 9.69% | 4,223,755 | SC 13G/A | |
Feb 06, 2023 | wellington management group llp | 7.87% | 3,432,146 | SC 13G/A | |
Jan 25, 2023 | blackrock inc. | 9.2% | 4,003,725 | SC 13G/A | |
Feb 11, 2022 | janus henderson group plc | 7.6% | 3,385,731 | SC 13G/A | |
Feb 11, 2022 | morgan stanley | 5.4% | 2,433,798 | SC 13G/A | |
Feb 04, 2022 | wellington management group llp | 8.86% | 3,969,599 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 9.1% | 4,057,826 | SC 13G/A | |
Jan 18, 2022 | jpmorgan chase & co | 5.2% | 2,370,358 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
May 18, 2023 | 4 | Insider Trading | |
May 17, 2023 | 144 | Notice of Insider Sale Intent | |
May 16, 2023 | 8-K | Current Report | |
May 15, 2023 | 4 | Insider Trading | |
May 15, 2023 | 4 | Insider Trading | |
May 15, 2023 | 4 | Insider Trading | |
May 15, 2023 | 4 | Insider Trading | |
May 15, 2023 | 4 | Insider Trading | |
May 15, 2023 | 4 | Insider Trading | |
May 15, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-05-17 | Kimball Jennifer | acquired | 46,824 | 109 | 427 | chief accounting officer |
2023-05-17 | Kimball Jennifer | sold | -165,343 | 176 | -939 | chief accounting officer |
2023-05-12 | Altobello Nancy A. | acquired | - | - | 1,030 | - |
2023-05-12 | Neary James | acquired | - | - | 1,030 | - |
2023-05-12 | Roman Derrick A. | acquired | - | - | 1,030 | - |
2023-05-12 | VANWOERKOM JACK | acquired | - | - | 1,030 | - |
2023-05-12 | GHOSH SHIKHAR | acquired | - | - | 1,030 | - |
2023-05-12 | Smith Stephen Montgomery | acquired | - | - | 1,030 | - |
2023-05-12 | SOMMER REGINA O | acquired | - | - | 1,030 | - |
2023-05-12 | GROCH JAMES R | acquired | - | - | 1,030 | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 3 Months Ended | |
---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
Revenues | ||
Total revenues | $ 612.0 | $ 517.5 |
Cost of services | ||
Processing costs | 145.6 | 132.5 |
Service fees | 18.3 | 15.8 |
Provision for credit losses | 45.4 | 25.6 |
Operating interest | 12.8 | 2.3 |
Depreciation and amortization | 25.2 | 26.0 |
Total cost of services | 247.3 | 202.2 |
General and administrative | 88.9 | 78.7 |
Sales and marketing | 79.9 | 73.9 |
Depreciation and amortization | 41.6 | 40.5 |
Operating income | 154.3 | 122.3 |
Financing interest expense | (38.4) | (29.7) |
Change in fair value of contingent consideration | (1.8) | (16.6) |
Net foreign currency (loss) gain | (1.4) | 5.0 |
Net unrealized (loss) gain on financial instruments | (14.5) | 49.8 |
Income before income taxes | 98.2 | 130.8 |
Income tax expense | 30.2 | 42.0 |
Net income | 68.0 | 88.8 |
Less: Net income from non-controlling interests | 0.0 | 0.3 |
Net income attributable to WEX Inc. | 68.0 | 88.5 |
Change in value of redeemable non-controlling interest | 0.0 | 34.2 |
Net income attributable to shareholders | $ 68.0 | $ 122.8 |
Net income attributable to shareholders per share: | ||
Basic (in dollars per share) | $ 1.58 | $ 2.73 |
Diluted (in dollars per share) | $ 1.56 | $ 2.71 |
Weighted average common shares outstanding: | ||
Basic (in shares) | 43.1 | 44.9 |
Diluted (in shares) | 43.6 | 45.3 |
Payment processing revenue | ||
Revenues | ||
Total revenues | $ 288.1 | $ 239.5 |
Account servicing revenue | ||
Revenues | ||
Total revenues | 160.7 | 139.9 |
Finance fee revenue | ||
Revenues | ||
Total revenues | 80.7 | 78.6 |
Other revenue | ||
Revenues | ||
Total revenues | $ 82.5 | $ 59.5 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets | ||
Cash and cash equivalents | $ 921.7 | $ 922.0 |
Restricted cash | 958.7 | 937.8 |
Accounts receivable, net | 3,400.1 | 3,275.7 |
Investment securities | 2,478.5 | 1,395.3 |
Securitized accounts receivable, restricted | 147.3 | 143.2 |
Prepaid expenses and other current assets | 144.9 | 143.3 |
Total current assets | 8,051.2 | 6,817.1 |
Property, equipment and capitalized software (net of accumulated depreciation of $552.0 in 2023 and $529.9 in 2022) | 209.8 | 202.2 |
Goodwill | 2,725.9 | 2,728.9 |
Other intangible assets (net of accumulated amortization of $1,216.8 in 2023 and $1,173.2 in 2022) | 1,438.0 | 1,473.6 |
Investment securities | 48.8 | 48.0 |
Deferred income taxes, net | 14.1 | 13.4 |
Other assets | 239.5 | 246.0 |
Total assets | 12,727.3 | 11,529.2 |
Liabilities and Stockholders’ Equity | ||
Accounts payable | 1,432.9 | 1,365.8 |
Accrued expenses and other current liabilities | 713.4 | 643.9 |
Restricted cash payable | 958.1 | 937.1 |
Short-term deposits | 4,107.8 | 3,144.6 |
Short-term debt, net | 290.4 | 202.6 |
Total current liabilities | 7,502.6 | 6,294.1 |
Long-term debt, net | 2,631.3 | 2,522.2 |
Long-term deposits | 338.7 | 334.2 |
Deferred income taxes, net | 138.2 | 142.2 |
Other liabilities | 446.0 | 587.1 |
Total liabilities | 11,056.8 | 9,879.7 |
Stockholders’ Equity | ||
Common stock $0.01 par value; 175.0 shares authorized; 49.7 shares issued in 2023 and 49.6 in 2022; 42.8 shares outstanding in 2023 and 43.2 in 2022 | 0.5 | 0.5 |
Additional paid-in capital | 950.8 | 928.0 |
Retained earnings | 1,558.5 | 1,490.5 |
Accumulated other comprehensive loss | (283.3) | (306.3) |
Treasury stock at cost; 6.9 and 6.3 shares in 2023 and 2022, respectively | (556.0) | (463.2) |
Total stockholders’ equity | 1,670.5 | 1,649.5 |
Total liabilities and stockholders’ equity | $ 12,727.3 | $ 11,529.2 |