← WEX Inc. WEX
Market Price
$191.75
Market Cap
$6.90B
P/E Ratio
22.64
Revenue (FY 2025)
↑1.2% YoY
$2.66B
3-Yr CAGR: 16.3%
Net Income
↓-1.8% YoY
$304.10M
Net Margin: 11.4%
Free Cash Flow
↓-6.1% YoY
$313.70M
FCF Yield: 4.55%
EPS (Diluted)
↑12.9% YoY
$8.47
Basic: $8.57
Return on Equity
Efficiency
24.6%
ROA: 141.2%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (WEX)
All monetary values in millions ($M)| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|
| FY 2016 | $1,018.5M | — | $195.1M | $60.6M | — | $1.48 | — | $-151.1M | $-212.9M | — |
| FY 2017 | $1,250.5M | +22.8% | $1,143.5M | $160.3M | +164.3% | $3.72 | +151.4% | $132.9M | $53.7M | +125.2% |
| FY 2018 | $1,492.6M | +19.4% | $448.8M | $168.3M | +5.0% | $3.86 | +3.8% | $400.2M | $313.1M | +483.3% |
| FY 2019 | $1,723.7M | +15.5% | $547.7M | $156.3M | -7.1% | $2.26 | -41.5% | $663.2M | $560.3M | +79.0% |
| FY 2020 | $1,559.9M | -9.5% | $455.8M | $-283.9M | -281.6% | $-5.56 | -346.0% | $857.0M | $776.5M | +38.6% |
| FY 2021 | $1,353.0M | -13.3% | $643.7M | $135.3M | +147.6% | — | +100.0% | $150.4M | $64.4M | -91.7% |
| FY 2022 | $1,689.7M | +24.9% | $759.2M | $167.2M | +23.6% | $4.50 | — | $679.4M | $566.5M | +780.3% |
| FY 2023 | $2,548.0M | +50.8% | $865.1M | $266.6M | +59.5% | $6.16 | +36.9% | $907.9M | $764.3M | +34.9% |
| FY 2024 | $2,628.3M | +3.2% | $829.5M | $309.6M | +16.1% | $7.50 | +21.8% | $481.4M | $334.1M | -56.3% |
| FY 2025 | $2,660.8M | +1.2% | $744.8M | $304.1M | -1.8% | $8.47 | +12.9% | $454.3M | $313.7M | -6.1% |
Valuation
Market Price
$191.75
Market Cap
$6.90B
Enterprise Value
$9.58B
P/E Ratio
22.64
P/B Ratio
5.38
FCF Yield
4.55%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
27.99%
Operating Margin
24.95%
Net Margin
11.43%
Return on Equity (ROE)
24.63%
Return on Assets (ROA)
141.18%
Asset Turnover
12.35x
Revenue 3-Yr CAGR
16.34%
Financial Health & Liquidity
Current Ratio
0.02
Cash Ratio
0.10
Debt / Equity
2.905
Debt / Assets
16.651
Cash & Equivalents
$905.80M
Total Debt
$3.59B
Book Value / Share
$35.61
Cash Flow Efficiency
Operating Cash Flow
$454.30M
Capital Expenditures (CapEx)
$140.60M
Free Cash Flow
$313.70M
OCF / Revenue
17.07%
FCF / Revenue
11.79%
FCF 3-Yr CAGR
-17.88%
Per Share Metrics
EPS (Diluted)
$8.47
EPS (Basic)
$8.57
Dividends / Share
N/A
Book Value / Share
$35.61
EPS YoY Growth
12.93%
Balance Sheet (FY 2025)
Total Assets
$215.40M
Total Liabilities
$9.29B
Stockholders' Equity
$1.23B
Current Assets
$215.40M
Current Liabilities
$9.29B