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) Return on invested capital

Alert me on Return on invested capital

WEX Inc.'s return on invested capital over the twelve months to 30 September 2026 was 0.00%, down 0.0 percentage points from fiscal 2025 (0.00%). Over the past ten years it has ranged from −1.65% (fiscal 2020) to 32.0% (fiscal 2022); the current reading is higher than 36% of that period. That is in line with the Software Infrastructure industry median of 0.00% and in line with the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 0.00% 0.00
FY2024 0.00% 0.00
FY2023 0.00% (32.03)
FY2022 32.0% 22.86
FY2021 9.17% 10.82
FY2020 −1.65% (8.27)
FY2019 6.62% (0.43)
FY2018 7.05% 2.40
FY2017 4.65% 1.50
FY2016 3.15% (5.53)

Against its own ten years

Low −1.65% High 32.0%
Ten-year median 4.65%
Current reading's percentile 36

Return on invested capital against peers

Company Return on invested capital
RELY Remitly Global, Inc. compare 23.6%
PATH UiPath, Inc. compare 14.4%
ACIW ACI Worldwide, Inc. compare 9.84%
DOX Amdocs Limited compare 9.39%
WEX WEX Inc. 0.00%
BOX Box, Inc. compare 0.00%
TENB Tenable Holdings, Inc. compare 0.00%
MBGL Mobility Global Inc. compare 0.00%
VRNS Varonis Systems, Inc. compare −47.4%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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