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Wednesday 4 November 2026 Export WEX’s income statement to Excel — free account

WEX 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

181.31 3.56 −1.93%
Market cap
$6.0B
P/E
15.4×
Fwd P/E
14.8×
Dividend yield
—
F-score
5/9
Altman Z
0.84
Beneish M
−2.46
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

WEX Inc. (WEX) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, WEX Inc. (WEX) trades at a EV/EBITDA of 5.0×. Over the past ten years it has ranged from 3.3× (June 2026) to 91.0× (April 2021); the current reading is higher than 6% of that period. That is below the Software Infrastructure industry median of 15.0× and below the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 4.6× (31.95%)
FY2024 6.7× (19.09%)
FY2023 8.3× (25.57%)
FY2022 11.2× (19.29%)
FY2021 13.9× (80.68%)
FY2020 71.8× 256.84%
FY2019 20.1× 28.76%
FY2018 15.6× (27.07%)
FY2017 21.4× 5.24%
FY2016 20.4× 62.47%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 4.6× 39.36%
Jun 2026 3.3× (28.44%)
Mar 2026 4.6× 1.23%
Dec 2025 4.6× (14.39%)
43 more quarters

Against its own ten years

Low 3.3× High 91.0×
Ten-year median 13.4×
Current reading's percentile 6

EV/EBITDA against peers

Company EV/EBITDA
MBGL Mobility Global Inc. compare n/m
VRNS Varonis Systems, Inc. compare n/m
WEX WEX Inc. 5.0×
DOX Amdocs Limited compare 8.7×
ACIW ACI Worldwide, Inc. compare 14.7×
PATH UiPath, Inc. compare 19.0×
RELY Remitly Global, Inc. compare 22.4×
BOX Box, Inc. compare 29.6×
TENB Tenable Holdings, Inc. compare 63.6×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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