stockrowWEX Inc.
WEX Technology Software Infrastructure
WEX Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.7 billion, up 1.24% from fiscal 2024.
- Revenue
- +12.8%
- EPS
- +69.1%
- Free cash flow
- −117.0%
- Total debt
- −7.03%
Quarter to September 2026, against a year earlier
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WEX Inc. (WEX) Debt to equity
WEX Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 3.0×, up 0.1× from fiscal 2025 (2.9×). Over the past ten years it has ranged from 0.8× (fiscal 2015) to 2.9× (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 0.0× and above the Technology sector median of 0.0×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 2.9× | 38.20% |
| FY2024 | 2.1× | 33.29% |
| FY2023 | 1.6× | 1.57% |
| FY2022 | 1.5× | 4.32% |
| FY2021 | 1.5× | (2.19%) |
| FY2020 | 1.5× | 8.02% |
| FY2019 | 1.4× | 16.76% |
| FY2018 | 1.2× | (4.48%) |
| FY2017 | 1.2× | 0.88% |
| FY2016 | 1.2× | 58.11% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 3.0× | 14.54% |
| Jun 2026 | 2.6× | (7.39%) |
| Mar 2026 | 2.8× | (1.11%) |
| Dec 2025 | 2.9× | (13.96%) |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| BOX Box, Inc. compare | −1.3× |
| PATH UiPath, Inc. compare | 0.0× |
| TENB Tenable Holdings, Inc. compare | 0.0× |
| RELY Remitly Global, Inc. compare | 0.0× |
| MBGL Mobility Global Inc. compare | 0.2× |
| DOX Amdocs Limited compare | 0.3× |
| ACIW ACI Worldwide, Inc. compare | 0.5× |
| VRNS Varonis Systems, Inc. compare | 1.0× |
| WEX WEX Inc. | 3.0× |
| Software Infrastructure industry median | 0.0× |
| Technology sector median | 0.0× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on WEX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement