Saturday 17 October 2026 Export WEX’s income statement to Excel — free account

WEX Inc.

WEX Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 1.24% from fiscal 2024. In the quarter to June 2026, revenue grew 14.2%, EPS grew 58.1%, free cash flow fell 152.7% and total debt fell 9.88%, each against the same quarter a year earlier. Revenue growth for five consecutive years; insiders bought in the last twelve months.

181.66 0.68 +0.38%

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Market cap: $6.2B
P/E: 17.9×
Fwd P/E: 12.5×
Dividend yield: —
F-score: 5/9
Altman Z: 0.84
Beneish M: −2.46
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	214.40	37.98	36.29	91.47	0.00	0.00	35.83	31.36	23.07	17.30
Piotroski F-Score Full definition →	1	5	7	4	4	5	7	7	5	5
Altman Z-Score Full definition →	0.82	1.41	1.63	1.59	1.34	1.01	1.02	0.96	0.96	0.84
P/S ratio Full definition →	4.52	4.89	4.05	5.26	5.72	3.39	3.06	3.28	2.72	1.99
P/FCF ratio Full definition →	0.00	108.71	19.31	16.19	13.60	0.00	12.77	11.01	21.74	21.98
Altman Z″-Score (non-manufacturers) Full definition →	(0.64)	1.83	2.52	1.86	1.37	1.43	1.17	1.08	1.08	1.14
Beneish M-Score Full definition →	(1.84)	(2.36)	(2.63)	(2.71)	(3.26)	(2.14)	(2.59)	(2.75)	(2.64)	(2.46)
P/Operating CF Full definition →	(75.94)	33.92	28.44	19.81	(236.99)	(194.62)	12.55	10.98	11.20	17.95
P/B ratio Full definition →	3.04	3.74	3.37	4.69	4.65	3.41	4.36	4.59	4.80	4.28
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	6.15	7.50	6.28	7.27	7.84	4.60	3.49	3.02	2.58	1.72
EV/EBITDA Full definition →	20.36	21.42	15.63	20.12	71.80	13.87	11.19	8.33	6.74	4.59
EV/Operating CF Full definition →	(44.07)	69.16	23.43	18.90	16.59	(200.03)	12.09	8.47	14.11	10.05
EV/FCF Full definition →	(30.66)	166.80	29.96	22.37	18.62	(66.26)	14.58	10.13	20.65	18.97
Quick Ratio Full definition →	0.59	1.21	1.41	1.23	1.25	1.19	1.06	1.03	1.00	1.02
Current Ratio Full definition →	0.59	1.24	1.47	1.26	1.28	1.20	1.08	1.05	1.02	1.05
Net Debt/EBITDA Full definition →	5.47	3.44	2.72	2.74	9.07	0.80	(1.00)	(2.63)	(2.10)	(2.49)
Debt/Assets Full definition →	30.96%	30.32%	31.52%	32.37%	35.12%	26.15%	21.88%	20.37%	23.14%	24.53%
Debt/Equity Full definition →	1.23	1.24	1.19	1.39	1.50	1.47	1.53	1.55	2.07	2.86
Asset Turnover Full definition →	0.21	0.20	0.22	0.23	0.19	0.20	0.22	0.20	0.19	0.19
Operating CF/Net income Full definition →	(6.01)	0.85	2.38	6.70	(3.02)	(426.00)	3.37	3.41	1.55	1.49
Capex/Depreciation Full definition →	(0.44)	(0.39)	(0.44)	(0.43)	(0.31)	(0.32)	(0.44)	(0.54)	(0.47)	(0.65)
Interest Coverage Full definition →	1.40	2.18	3.62	2.86	(0.58)	3.83	9.89	3.16	2.91	2.76
ROE Full definition →	1.81%	10.21%	9.82%	5.31%	(12.64%)	0.01%	11.55%	15.37%	18.71%	22.33%
ROA Full definition →	0.48%	2.52%	2.50%	1.31%	(2.96%)	0.00%	1.84%	2.10%	2.28%	2.19%
ROIC Full definition →	3.15%	4.65%	7.05%	6.62%	(1.65%)	9.17%	32.03%	0.00%	0.00%	0.00%
Return on Tangible Assets Full definition →	(1.55%)	20.16%	13.21%	9.85%	(25.64%)	0.01%	27.77%	40.46%	68.89%	44.71%
Average Days of Receivables Full definition →	779.72	761.86	658.79	587.26	488.24	594.97	530.91	509.67	433.07	478.24
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	31.25%	27.87%	29.38%	31.08%	35.82%	34.91%	27.90%	29.66%	27.27%	26.95%
Intangible Assets out of Total Assets Full definition →	0.52	0.45	0.42	0.48	0.52	0.44	0.36	0.32	0.32	0.29
Share Based Compensation of Revenue Full definition →	1.95%	2.44%	2.27%	2.66%	4.09%	4.04%	4.17%	4.98%	4.27%	3.77%
Graham Net Nets Full definition →	(0.46)	(0.30)	(0.26)	(0.28)	(0.31)	(0.50)	(0.43)	(0.37)	(0.46)	(0.65)
Graham Number Full definition →	20.85	56.50	60.12	48.00	0.00	0.00	61.47	77.22	78.99	82.08
Earnings Yield Full definition →	0.47%	2.63%	2.76%	1.09%	(2.70%)	0.00%	2.79%	3.19%	4.33%	5.78%
Free Cash Flow Yield Full definition →	(4.43%)	0.92%	5.18%	6.18%	7.36%	(2.05%)	7.83%	9.09%	4.60%	4.55%
Revenue per Share Full definition →	24.81	29.05	34.59	39.79	35.58	41.40	52.94	59.53	64.41	74.95
Operating CF per Share Full definition →	(3.46)	3.15	9.27	15.31	16.81	(0.95)	15.30	21.21	11.80	12.80
Capex per Share Full definition →	(1.51)	(1.84)	(2.02)	(2.37)	(1.84)	(1.92)	(2.62)	(3.46)	(3.74)	(6.02)
Free Cash Flow per Share Full definition →	(4.97)	1.31	7.25	12.94	14.97	(2.88)	12.68	17.75	8.06	6.78
Cash per Share Full definition →	5.26	12.16	12.86	22.66	30.33	49.34	73.31	122.71	127.41	169.34
Shareholders Equity per Share Full definition →	36.90	37.93	41.61	44.71	43.75	41.14	37.15	42.54	36.49	34.77
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	36.90	37.93	41.61	44.71	43.75	41.14	37.15	42.54	36.49	34.77
Free Cash Flow Full definition →	(202.98)	56.15	313.08	560.31	656.33	(128.60)	563.20	759.80	329.00	240.60
Working Capital Full definition →	(1,685.01)	630.20	1,086.56	792.43	761.99	899.81	523.00	416.10	188.20	426.40
Capital Expenditures Full definition →	(61.80)	(79.28)	(87.15)	(102.86)	(80.47)	(86.00)	(116.20)	(148.10)	(152.40)	(213.70)
Net Current Asset Value Full definition →	(2,114.01)	(1,852.71)	(1,576.54)	(2,519.52)	(2,762.60)	(3,168.54)	(3,062.60)	(3,126.20)	(3,317.30)	(3,452.00)
EV/EBIT Full definition →	39.25	40.12	24.64	32.49	0.00	24.93	17.48	11.89	9.90	6.88
Capex to Sales Full definition →	0.06	0.06	0.06	0.06	0.05	0.05	0.05	0.06	0.06	0.08
Price to Operating Income Full definition →	28.89	26.15	15.88	23.51	0.00	18.36	15.30	12.92	10.42	7.97
Other line items
Depreciation/Fixed assets Full definition →	0.85	1.24	1.06	1.12	1.39	1.52	1.31	1.14	1.23	1.31
Cash ROIC Full definition →	(5.67%)	1.34%	6.98%	10.00%	10.72%	(1.91%)	7.58%	7.67%	3.37%	2.23%
Accounts Receivable Turnover Full definition →	0.54	0.52	0.56	0.63	0.64	0.73	0.73	0.73	0.79	0.81
Accounts Payable Turnover Full definition →	0.92	0.70	0.66	0.74	0.77	0.78	0.78	0.68	0.81	1.02
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	490.94	598.42	542.74	536.52	421.95	531.18	535.75	554.68	383.71	354.98
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	1,879.61	2,384.51	2,650.11	2,733.69	2,429.93	2,551.50	3,217.66	3,488.40	3,338.05	3,302.25
Average Payables Full definition →	497.96	730.15	828.96	892.28	874.01	900.06	1,193.86	1,422.45	1,285.00	1,080.65
Average Assets Full definition →	4,922.50	6,342.98	6,729.73	7,534.51	8,240.89	9,245.10	10,918.02	12,705.65	13,601.85	13,860.55
Average Common Equity Full definition →	1,300.71	1,567.92	1,713.01	1,866.22	1,927.22	1,878.35	1,744.14	1,735.05	1,654.65	1,361.60

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