WEX Inc

Market Summary

USD180.46+2.80

Market Closed

1.58%

WEX Alerts

1 major insider buys and 1 major insider sales recently.
Big jump in Earnings (Y/Y)

WEX Stock Price

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WEX RSI Chart

WEX Alerts

1 major insider buys and 1 major insider sales recently.
Big jump in Earnings (Y/Y)

WEX Valuation

Market Cap

7.7B

Price/Earnings (Trailing)

28.5

Price/Sales (Trailing)

3.08

EV/EBITDA

12.27

Price/Free Cashflow

13.29

WEX Price/Sales (Trailing)

WEX Profitability

Operating Margin

61.28%

EBT Margin

15.37%

Return on Equity

15.94%

Return on Assets

1.95%

Free Cashflow Yield

7.52%

WEX Fundamentals

WEX Revenue

Revenue (TTM)

2.5B

Revenue Y/Y

5.73%

Revenue Q/Q

4.84%

WEX Earnings

Earnings (TTM)

270.4M

Earnings Y/Y

141.72%

Earnings Q/Q

-80.69%

Price Action

Last 7 days

-0.8%

Last 30 days

5.1%

Last 90 days

-9.2%

Trailing 12 Months

13.1%

How does WEX drawdown profile look like?

WEX Financial Health

Current Ratio

1.03

WEX Investor Care

Buy Backs (1Y)

3.39%

Diluted EPS (TTM)

6.17

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.4B	2.5B	2.5B	0
2022	2.0B	2.1B	2.2B	2.4B
2021	1.5B	1.7B	1.8B	1.9B
2020	1.8B	1.7B	1.6B	1.6B
2019	1.5B	1.6B	1.7B	1.7B
2018	1.3B	1.4B	1.4B	1.5B
2017	1.1B	1.2B	1.2B	1.2B
2016	858.3M	878.6M	940.3M	1.0B
2015	834.7M	850.8M	856.0M	854.6M
2014	734.2M	757.5M	788.1M	0
2013	643.4M	668.1M	692.8M	717.5M
2012	573.1M	584.9M	594.0M	618.7M
2011	426.6M	476.5M	528.1M	553.1M
2010	330.6M	344.1M	358.5M	390.4M
2009	0	311.5M	327.4M	315.2M
2008	0	0	0	388.2M

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for WEX

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 21, 2023	vanwoerkom jack	sold	-348,760	174	-2,000	-
Nov 07, 2023	kimball jennifer	sold	-69,374	173	-399	chief accounting officer
Oct 31, 2023	smith stephen montgomery	bought	165,310	165	1,000	-
Oct 13, 2023	callahan don	acquired	-	-	139	-
Oct 13, 2023	groch james r	acquired	-	-	112	-
Aug 31, 2023	deshaies robert joseph	sold	-196,220	196	-1,000	coo, americas
Aug 18, 2023	tinto melanie j	sold	-840,787	182	-4,601	chief human resources officer
Aug 18, 2023	tinto melanie j	acquired	413,343	138	2,992	chief human resources officer
Aug 17, 2023	groch james r	bought	252,450	187	1,350	-
Aug 02, 2023	rapkin hilary a	gifted	-	-	-133	chief legal officer

Which funds bought or sold WEX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Dec 06, 2023	CITIGROUP INC	reduced	-3.85	-18,452	2,728,620	-%
Dec 06, 2023	VisionPoint Advisory Group, LLC	added	74.7	12,163	27,273	0.01%
Nov 27, 2023	OKABENA INVESTMENT SERVICES INC	unchanged	-	337	10,533	0.01%
Nov 24, 2023	DEUTSCHE BANK AG\	reduced	-58.48	-3,425,600	2,572,700	-%
Nov 22, 2023	Aurora Investment Counsel	reduced	-0.09	39,236	1,260,020	0.83%
Nov 22, 2023	Graham Capital Management, L.P.	sold off	-100	-554,585	-	-%
Nov 21, 2023	COMERICA BANK	new	-	6,545,320	6,545,320	0.03%
Nov 21, 2023	Walleye Capital LLC	new	-	9,035,090	9,035,090	0.02%
Nov 21, 2023	Walleye Trading LLC	new	-	388,218	388,218	-%
Nov 17, 2023	JACOBS LEVY EQUITY MANAGEMENT, INC	reduced	-26.85	-2,021,360	6,251,170	0.04%

Latest Funds Activity

Are funds buying WEX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WEX

No. of Funds

Schedule 13G FIlings of WEX Inc

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

Recent SEC filings of WEX Inc

View All Filings

Date Filed	Form Type	Document
Nov 30, 2023	144	Notice of Insider Sale Intent
Nov 22, 2023	4	Insider Trading
Nov 21, 2023	144	Notice of Insider Sale Intent
Nov 08, 2023	4	Insider Trading
Nov 08, 2023	144	Notice of Insider Sale Intent
Nov 02, 2023	4	Insider Trading
Oct 27, 2023	10-Q	Quarterly Report
Oct 26, 2023	8-K	Current Report
Oct 17, 2023	4	Insider Trading
Oct 17, 2023	4	Insider Trading

WEX Fair Value

Peers (Alternatives to WEX Inc)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	2.8T	218.3B	3.06%	51.30%	36.08	12.74	7.50%	10.47%
ADBE	278.2B	18.9B	4.22%	83.42%	54.32	14.73	9.86%	6.40%
CRWD	57.7B	2.8B	25.14%	112.32%	-4.9K	20.26	39.94%	93.33%
SQ	42.0B	20.8B	32.31%	9.14%	-148.25	2.02	22.61%	44.15%
AKAM	17.3B	3.7B	3.47%	27.21%	33.52	4.61	4.19%	-7.24%
MID-CAP
FFIV	10.1B	2.8B	9.61%	12.40%	25.61	3.6	4.35%	22.59%
ALTR	5.7B	601.6M	2.88%	48.43%	-345.13	9.49	8.88%	70.93%
HCP	4.0B	563.1M	2.56%	-27.99%	-19.14	7.08	28.98%	53.96%
ACIW	3.0B	1.4B	13.82%	33.29%	33.87	2.11	-0.63%	-44.79%
APPN	2.7B	525.8M	-4.35%	-3.69%	-19.65	5.08	17.58%	4.56%
SMALL-CAP
CSGS	1.6B	1.2B	3.71%	-9.34%	20.12	1.34	8.09%	97.57%
ATEN	952.3M	258.9M	8.80%	-33.99%	23.76	3.68	-5.29%	1.20%
BAND	306.7M	592.7M	-5.14%	-52.77%	10.94	0.52	9.29%	227.17%
BLIN	8.2M	16.3M	3.95%	-43.50%	-4.45	0.5	-2.49%	-246.74%
DTSS	7.2M	13.4M	-5.00%	-86.76%	-0.77	0.54	-18.06%	-46.22%

WEX Inc News

Latest updates

MarketBeat • 09 Dec 2023 • 06:27 pm • 9 hours ago

WEX Inc. (NYSE:WEX) Stock Position Boosted by Invenomic Capital ...

DirectorsTalk Interviews • 07 Dec 2023 • 01:05 pm • 2 days ago

WEX Inc. - Consensus 'buy' rating and 20.5% Upside Potential

MarketBeat • 06 Dec 2023 • 11:52 am • 3 days ago

BlackRock Inc. Decreases Stock Holdings in WEX Inc. (NYSE:WEX)

Marketscreener.com • 05 Dec 2023 • 06:07 pm • 4 days ago

Reflecting Accelerating Growth in Health Savings Accounts (HSAs ...

Marketscreener.com • 05 Dec 2023 • 05:24 pm • 4 days ago

Transcript : WEX Inc. Presents at 2023 Raymond James TMT and ...

Nasdaq • 03 Dec 2023 • 03:00 pm • 6 days ago

Validea's Top Information Technology Stocks Based On Martin ...

Yahoo Finance • 28 Nov 2023 • 08:00 am • 11 days ago

Why This 1 Momentum Stock Could Be a Great Addition to Your ...

Yahoo Finance • 23 Nov 2023 • 08:00 am • 16 days ago

Insider Sell Alert: Director Jack Vanwoerkom Sells 2,000 Shares of ...

Investing.com • 15 Nov 2023 • 03:25 pm • 24 days ago

AMC Networks and WEX Inc. CFOs to Present at Upcoming ...

Investing.com • 15 Nov 2023 • 08:00 am • 24 days ago

Wex outperforms Equifax in investment value metrics By Investing.com

Investing.com Italia • 15 Nov 2023 • 08:00 am • 24 days ago

Wex supera Equifax nelle metriche di valore dell'investimento Di ...

Marketscreener.com • 08 Nov 2023 • 01:17 pm • 31 days ago

(PAYO) PAYONEER Forecasts Fiscal Year 2023 Revenue Range ...

Marketscreener.com • 08 Nov 2023 • 08:00 am • 31 days ago

Toronto Stocks Inch Lower, Nuvei Shares Jump on 3Q Earnings ...

Marketscreener.com • 07 Nov 2023 • 08:00 am • 32 days ago

Lesaka Technologies, Inc. Reports Earnings Results for the First ...

Marketscreener.com • 07 Nov 2023 • 08:00 am • 32 days ago

Flywire Corporation Reports Earnings Results for the Third Quarter ...

Financials for WEX Inc

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Revenue	4.8%	651	621	612	619	616	598	518	498	483	459	411	399	382	347	432	440	460	442	382	381	387
Cost Of Revenue	0.0%	235	235	247	252	252	224	202	193	180	172	158	169	157	162	186	180	166	161	153	138	147
S&GA Expenses	4.9%	83.00	79.00	80.00	77.00	81.00	80.00	74.00	73.00	82.00	86.00	78.00	79.00	65.00	55.00	69.00	49.00	74.00	73.00	64.00	60.00	55.00
EBITDA Margin	18.1%	0.22*	0.19*	0.21*	0.23*	0.24*	0.30*	0.26*	0.20*	0.01*	-0.05*	-0.07*	-0.09*	0.12*	0.17*	0.19*	-	-	-	-	-	-
Interest Expenses	-	-	-	-	35.00	34.00	32.00	30.00	30.00	32.00	32.00	33.00	55.00	41.00	29.00	32.00	33.00	35.00	36.00	31.00	77.00	10.00
Income Taxes	15.6%	26.00	23.00	30.00	36.00	1.00	15.00	42.00	51.00	19.00	-0.75	-1.67	-16.74	22.00	-19.75	-5.71	24.00	19.00	12.00	6.00	17.00	21.00
Earnings Before Taxes	-62.3%	44.00	118	98.00	124	-43.30	49.00	131	102	71.00	9.00	22.00	-240	-36.11	-6.35	-17.98	89.00	62.00	44.00	22.00	39.00	78.00
EBT Margin	27.7%	0.15*	0.12*	0.09*	0.11*	0.11*	0.17*	0.16*	0.11*	-0.08*	-0.15*	-0.17*	-0.19*	0.02*	0.08*	0.10*	-	-	-	-	-	-
Net Income	-80.7%	18.00	95.00	68.00	89.00	-44.10	34.00	89.00	51.00	52.00	10.00	22.00	-224	-58.96	13.00	-13.63	54.00	43.00	32.00	16.00	21.00	57.00
Net Income Margin	28.2%	0.11*	0.08*	0.06*	0.07*	0.06*	0.11*	0.10*	0.07*	-0.08*	-0.15*	-0.16*	-0.18*	0.00*	0.06*	0.07*	-	-	-	-	-	-
Free Cashflow	-73.2%	10.00	38.00	-3.50	185	565	1.00	-185	130	93.00	77.00	-235	62.00	30.00	365	320	-	-	-	-	-	-

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Assets	4.1%	13,900	13,348	12,727	11,529	11,909	12,323	11,333	10,307	9,514	9,228	8,317	8,183	8,314	7,907	7,698	8,298	8,541	8,573	7,955	6,771	7,160
Current Assets	4.9%	9,132	8,705	8,051	6,817	7,199	7,426	6,338	5,300	4,436	4,094	3,708	3,503	4,031	3,561	3,312	3,842	4,054	4,308	3,645	3,398	3,909
Cash Equivalents	6.3%	958	901	922	922	759	439	578	589	534	425	561	852	1,522	1,272	861	811	531	768	387	541	556
Net PPE	3.0%	229	222	210	202	187	181	178	180	179	180	183	188	193	205	208	212	208	197	197	188	167
Goodwill	2.5%	2,797	2,728	2,726	2,729	2,703	2,873	2,916	2,908	2,906	2,926	2,759	2,688	2,431	2,434	2,418	2,441	2,436	119	2,331	1,832	-
Liabilities	5.4%	12,204	11,579	11,057	9,880	10,278	10,507	9,407	8,214	7,478	7,245	6,286	6,148	6,110	5,819	5,662	6,205	6,543	6,612	6,038	4,975	5,310
Current Liabilities	6.3%	8,856	8,334	7,503	6,294	6,414	6,399	5,253	4,400	3,605	3,516	3,308	2,741	2,672	2,590	2,486	3,050	3,113	3,037	2,616	2,312	2,612
LT Debt, Non Current	6.0%	2,650	2,499	2,631	2,522	2,644	2,762	2,774	2,695	2,802	2,867	2,508	2,874	2,879	2,654	2,672	2,687	2,701	2,765	2,809	2,134	2,141
Shareholder's Equity	-4.1%	1,696	1,769	1,671	1,650	1,631	1,816	1,927	1,839	1,844	1,795	1,888	1,918	2,097	1,988	1,877	1,928	1,852	1,844	1,817	1,796	1,776
Retained Earnings	1.1%	1,672	1,654	1,559	1,491	1,402	1,446	1,412	1,289	1,301	1,253	1,286	1,287	1,521	1,587	1,514	1,539	1,485	1,470	1,456	1,482	1,551
Additional Paid-In Capital	3.8%	1,018	981	951	928	907	881	856	844	830	809	850	873	849	695	681	675	662	652	635	593	584
Accumulated Depreciation	3.8%	593	571	552	530	515	493	478	458	465	444	425	402	407	387	363	344	345	327	325	308	313
Shares Outstanding	-0.5%	43.00	43.00	43.00	43.00	44.00	45.00	45.00	45.00	45.00	45.00	44.00	44.00	44.00	44.00	43.00	43.00	43.00	43.00	43.00	43.00	43.00
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	13.00	12.00	11.00	10.00	10.00	10.00	11.00	10.00	10.00	10.00

Cashflow (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3
Cashflow From Operations	-35.8%	47.00	72.00	27.00	573	428	-152	-168	-32.22	112	95.00	-217	-37.65	49.00	386	340	458	126	9.00	70.00	213	254
Share Based Compensation	-15.0%	31.00	36.00	25.00	21.00	28.00	25.00	24.00	15.00	22.00	21.00	18.00	19.00	18.00	14.00	13.00	12.00	9.00	15.00	10.00	9.00	9.00
Cashflow From Investing	4.4%	-249	-260	-1,062	-52.75	-53.20	-504	-106	-990	-15.33	-579	-16.41	-254	-33.35	-20.90	-20.71	-68.30	-297	-28.04	-596	-196	-20.09
Cashflow From Financing	-44.2%	237	425	1,044	-422	127	707	270	1,119	79.00	513	-114	-101	246	54.00	-257	-87.93	-54.60	396	496	-21.77	-12.78
Buy Backs	1467.7%	49.00	3.00	101	133	69.00	81.00	-	-	-	-	-	-	-	-	-	3.00	-	-	-	3.00	-

WEX Income Statement

2023-09-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Revenues
Total revenues	$ 651.4	$ 616.1	$ 1,884.7	$ 1,731.9
Cost of services
Processing costs	156.4	146.3	451.7	416.3
Service fees	18.5	16.6	54.7	47.2
Provision for credit losses	9.4	54.0	77.5	121.9
Operating interest	25.3	7.9	57.6	13.4
Depreciation and amortization	25.5	27.3	75.9	79.9
Total cost of services	235.1	252.1	717.4	678.6
General and administrative	116.6	86.5	311.7	248.7
Sales and marketing	82.8	80.9	241.6	235.3
Depreciation and amortization	42.0	38.9	125.4	118.2
Impairment charges	0.0	136.5	0.0	136.5
Operating income	174.9	21.3	488.6	314.7
Financing interest expense	(41.6)	(34.4)	(122.4)	(95.9)
Change in fair value of contingent consideration	(3.2)	(30.3)	(6.2)	(135.1)
Loss on extinguishment of Convertible Notes	(70.1)	0.0	(70.1)	0.0
Net foreign currency loss	(7.8)	(23.4)	(9.4)	(37.8)
Net unrealized (loss) gain on financial instruments	(7.8)	23.5	(20.1)	90.3
Income (loss) before income taxes	44.4	(43.3)	260.4	136.1
Income tax expense	26.0	0.8	78.7	57.3
Net income (loss)	18.4	(44.1)	181.7	78.8
Less: Net income from non-controlling interests	0.0	0.0	0.0	0.3
Net income (loss) attributable to WEX Inc.	18.4	(44.1)	181.7	78.5
Change in value of redeemable non-controlling interest	0.0	0.0	0.0	34.2
Net income (loss) attributable to shareholders	18.4	(44.1)	181.7	112.7
Net income (loss) attributable to shareholders	$ 18.4	$ (44.1)	$ 181.7	$ 112.7
Net income (loss) attributable to shareholders per share:
Basic (in dollars per share)	$ 0.43	$ (1.00)	$ 4.23	$ 2.53
Diluted (in dollars per share)	$ 0.42	$ (1.00)	$ 4.18	$ 2.51
Weighted average common shares outstanding:
Basic (in shares)	42.9	44.2	43.0	44.6
Diluted (in shares)	43.4	44.2	43.5	45.0
Payment processing revenue
Revenues
Total revenues	$ 313.3	$ 309.0	$ 901.9	$ 860.8
Account servicing revenue
Revenues
Total revenues	161.5	138.3	475.1	415.9
Finance fee revenue
Revenues
Total revenues	77.1	96.7	234.2	260.6
Other revenue
Revenues
Total revenues	$ 99.5	$ 72.1	$ 273.5	$ 194.6

WEX Balance Sheet

2023-09-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 957.8	$ 922.0
Restricted cash	1,159.1	937.8
Accounts receivable, net	4,053.5	3,275.7
Investment securities	2,625.2	1,395.3
Securitized accounts receivable, restricted	147.2	143.2
Prepaid expenses and other current assets	189.0	143.3
Total current assets	9,131.8	6,817.1
Property, equipment and capitalized software (net of accumulated depreciation of $592.6 in 2023 and $529.9 in 2022)	228.9	202.2
Goodwill	2,796.9	2,728.9
Other intangible assets (net of accumulated amortization of $1,302.5 in 2023 and $1,173.2 in 2022)	1,443.4	1,473.6
Investment securities	46.8	48.0
Deferred income taxes, net	11.6	13.4
Other assets	241.0	246.0
Total assets	13,900.4	11,529.2
Liabilities and Stockholders’ Equity
Accounts payable	1,742.7	1,365.8
Accrued expenses and other current liabilities	745.1	643.9
Restricted cash payable	1,158.4	937.1
Short-term deposits	4,252.8	3,144.6
Short-term debt, net	957.3	202.6
Total current liabilities	8,856.3	6,294.1
Long-term debt, net	2,650.1	2,522.2
Long-term deposits	115.5	334.2
Deferred income taxes, net	140.5	142.2
Other liabilities	441.7	587.1
Total liabilities	12,204.1	9,879.7
Stockholders’ Equity
Common stock $0.01 par value; 175.0 shares authorized; 49.9 shares issued in 2023 and 49.6 in 2022; 42.7 shares outstanding in 2023 and 43.2 in 2022	0.5	0.5
Additional paid-in capital	1,018.3	928.0
Retained earnings	1,672.2	1,490.5
Accumulated other comprehensive loss	(385.5)	(306.3)
Treasury stock at cost; 7.1 and 6.3 shares in 2023 and 2022, respectively	(609.2)	(463.2)
Total stockholders’ equity	1,696.3	1,649.5
Total liabilities and stockholders’ equity	$ 13,900.4	$ 11,529.2

About WEX Inc

WEX Inc. operates a commerce platform in the United States and internationally. The Fleet Solutions segment offers fleet vehicle payment solutions, transaction processing, and information management services. It also provides account and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. Its products include virtual cards that are used for transactions where no physical card is presented. This segment markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals, as well as businesses and financial institutions. The Health and Employee Benefit Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. Its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. This segment also provides custodial and depository services for health savings accounts; and payroll-related benefits. This segment markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.

CEO	Ms. Melissa D. Smith
WEBSITE	www.wexinc.com
EMPLOYEES	6100

WEX Inc Frequently Asked Questions

What is the ticker symbol for WEX Inc? What does WEX stand for in stocks?

WEX is the stock ticker symbol of WEX Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of WEX Inc (WEX)?

As of Fri Dec 08 2023, market cap of WEX Inc is 7.71 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WEX stock?

You can check WEX's fair value in chart. The fair value of WEX Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of WEX Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WEX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is WEX Inc a good stock to buy?

The fair value guage provides a quick view whether WEX is over valued or under valued. Whether WEX Inc is cheap or expensive depends on the assumptions which impact WEX Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WEX.

What is WEX Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, WEX's PE ratio (Price to Earnings) is 28.5 and Price to Sales (PS) ratio is 3.08. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WEX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on WEX Inc's stock?

In the past 10 years, WEX Inc has provided 0.063 (multiply by 100 for percentage) rate of return.

Market Summary

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Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

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Cashflow (Last 12 Months)(In Millions)

WEX Income Statement

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About WEX Inc

WEX Inc Frequently Asked Questions

What is the ticker symbol for WEX Inc? What does WEX stand for in stocks?

What is the market capital of WEX Inc (WEX)?

What is the fair value of WEX stock?

Is WEX Inc a good stock to buy?

What is WEX Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

What is 5 year return on WEX Inc's stock?

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
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