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%

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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 Segments Valuation Filings

WEX Inc. (WEX) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, WEX Inc. (WEX) trades at a P/B ratio of 5.3×. Over the past ten years it has ranged from 1.9× (March 2020) to 7.8× (April 2025); the current reading is higher than 94% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.6×.

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<iframe src="https://stockrow.com/embed/WEX/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="WEX Inc. P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/WEX/metrics/pb-ratio">WEX Inc. (WEX) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	4.3×	(10.84%)
FY2024	4.8×	4.62%
FY2023	4.6×	5.37%
FY2022	4.4×	27.73%
FY2021	3.4×	(26.65%)
FY2020	4.7×	(0.70%)
FY2019	4.7×	39.21%
FY2018	3.4×	(10.13%)
FY2017	3.7×	23.11%
FY2016	3.0×	(2.76%)

Period	P/B ratio	Change
Sep 2026	5.0×	36.32%
Jun 2026	3.6×	(12.11%)
Mar 2026	4.1×	(3.30%)
Dec 2025	4.3×	(11.58%)
43 more quarters	Free account

Against its own ten years

Low 1.9× High 7.8×

Ten-year median 4.2×

Current reading's percentile 94

Company	P/B ratio
TENB Tenable Holdings, Inc. compare	n/m
BOX Box, Inc. compare	n/m
MBGL Mobility Global Inc. compare	0.6×
DOX Amdocs Limited compare	1.9×
PATH UiPath, Inc. compare	3.5×
ACIW ACI Worldwide, Inc. compare	4.0×
RELY Remitly Global, Inc. compare	4.8×
WEX WEX Inc.	5.3×
VRNS Varonis Systems, Inc. compare	12.6×
Software Infrastructure industry median	2.9×
Technology sector median	2.6×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

WEX Inc. (WEX) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on WEX

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on WEX

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