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

WEX Inc. (WEX) P/S ratio

Alert me on P/S ratio

As of 3 November 2026, WEX Inc. (WEX) trades at a P/S ratio of 2.1×. Over the past ten years it has ranged from 1.6× (June 2026) to 6.6× (April 2021); the current reading is higher than 9% of that period. That is below the Software Infrastructure industry median of 2.9× and below the Technology sector median of 2.8×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.0× (26.97%)
FY2024 2.7× (17.06%)
FY2023 3.3× 7.28%
FY2022 3.1× (9.80%)
FY2021 3.4× (40.72%)
FY2020 5.7× 8.68%
FY2019 5.3× 29.98%
FY2018 4.0× (17.17%)
FY2017 4.9× 8.07%
FY2016 4.5× 12.81%

Quarterly newest first

Period P/S ratio Change
Sep 2026 2.0× 13.23%
Jun 2026 1.8× (10.39%)
Mar 2026 2.0× (1.54%)
Dec 2025 2.0× (3.74%)
43 more quarters

Against its own ten years

Low 1.6× High 6.6×
Ten-year median 4.0×
Current reading's percentile 10

P/S ratio against peers

Company P/S ratio
MBGL Mobility Global Inc. compare n/m
DOX Amdocs Limited compare 1.4×
WEX WEX Inc. 2.1×
RELY Remitly Global, Inc. compare 3.0×
ACIW ACI Worldwide, Inc. compare 3.3×
PATH UiPath, Inc. compare 4.0×
BOX Box, Inc. compare 4.8×
TENB Tenable Holdings, Inc. compare 4.8×
VRNS Varonis Systems, Inc. compare 8.2×
Software Infrastructure industry median 2.9×
Technology sector median 2.8×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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