About Wex Inc
Ticker
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WEX
Trading on
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NYSE
ISIN
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US96208T1043
Industry
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Software - Infrastructure
Sector
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Technology
CEO
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Melissa D. Smith
Headquarters
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1 Hancock Street, Portland, ME, United States, 04101
Employees
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6,500
Website
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wexinc.com
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. The company was founded in 1983 and is headquartered in Portland, Maine.
Metrics
BasicAdvanced
Market cap
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$5.18B
P/E ratio
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19.27
EPS
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$7.76
Dividend Yield
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0.00%
Beta
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1.22
Forward P/E ratio
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10.03
EBIDTA
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$906M
Ex dividend date
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-
Price & volume
Market cap
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$5.18B
Average daily volume
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0.6M
90-day return
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-
30-day return
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-
7-day return
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-
Dividends
Dividend per share
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$0.00
Dividend yield
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0.00%
Forward dividend per share
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$0.00
Forward dividend yield
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0.00%
Payout ratio
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0.00%
Valuation
P/E ratio
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19.27
Forward P/E
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10.03
PEG ratio
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2.51
Trailing P/E
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19.27
Price to sales
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1.98
Price to book
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6.39
Earnings
EPS
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$7.76
EPS estimate (current quarter)
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$3.40
EPS estimate (next quarter)
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$3.67
EBITDA
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$906M
Revenues (TTM)
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$2.61B
Revenues per share (TTM)
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$65.18
Technicals
Beta
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1.22
52-week High
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$217.47
52-week Low
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$110.45
50-day moving average
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$137.00
200-day moving average
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$164.38
Short ratio
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3.66
Short %
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8.08%
Management effectiveness
ROE (TTM)
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24.37%
ROA (TTM)
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3.05%
Profit margin
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12.07%
Gross profit margin
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$1.88B
Operating margin
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24.71%
Growth
Quarterly earnings growth (YoY)
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16.80%
Quarterly revenue growth (YoY)
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-2.50%
Share stats
Outstanding Shares
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34.2M
Float
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29.6M
Insiders %
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1.02%
Institutions %
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117.83%
Analyst Insights & forecasts
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19% Buy

81% Hold

0% Sell

Based on information from 16 analysts.

Average price target

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$154.83
Earnings per share (EPS) forecast
windowbar_chart_4_bars
Actual
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Expected
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Surprise
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$3.90
$3.72
4.84%
Q2 • 24Beat
$4.35
$4.42
-1.58%
Q3 • 24Missed
$3.57
$3.55
0.51%
Q4 • 24Beat
$3.51
$3.40
3.17%
Q1 • 25Current
QuarterlyAnnual
Financial Performance
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Income StatementBalance SheetCash Flow
windowbar_chart_4_bars
Revenue
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Net income
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Profit margin
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$637M
$63.9M
10.04%
Q4 • 24
$637M
$71.5M
11.23%
Q1 • 25
0.02%
11.89%
11.88%
QoQ growth
QuarterlyAnnual
Totals assets
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Total liabilities
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Debt to assets
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$13.3B
$11.8B
88.82%
Q4 • 24
$14B
$13.2B
94.20%
Q1 • 25
4.83%
11.17%
6.05%
QoQ growth
QuarterlyAnnual
Operating
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Investing
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Financing
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Free cash flow
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$638M
$-237M
$-219M
$600M
Q4 • 24
$-482M
$-23.5M
$318M
$-514M
Q1 • 25
-175.44%
-90.07%
-245.26%
-185.74%
QoQ growth
QuarterlyAnnual

Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Past performance is no guarantee of future results. Your return may be affected by currency fluctuations and applicable fees and charges. The value of your investment may go up as well as down. When investing, your capital at risk.

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FAQs

How much is a Wex Inc share?
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Wex Inc shares are currently traded for undefined per share.

How many shares does Wex Inc have?
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Wex Inc currently has 34.2M shares.

Does Wex Inc pay dividends?
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No, Wex Inc doesn't pay dividends.

What is Wex Inc 52 week high?
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Wex Inc 52 week high is $217.47.

What is Wex Inc 52 week low?
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Wex Inc 52 week low is $110.45.

What is the 200-day moving average of Wex Inc?
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Wex Inc 200-day moving average is $164.38.

Who is Wex Inc CEO?
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The CEO of Wex Inc is Melissa D. Smith.

How many employees Wex Inc has?
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Wex Inc has 6,500 employees.

What is the market cap of Wex Inc?
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The market cap of Wex Inc is $5.18B.

What is the P/E of Wex Inc?
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The current P/E of Wex Inc is 19.27.

What is the EPS of Wex Inc?
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The EPS of Wex Inc is $7.76.

What is the PEG Ratio of Wex Inc?
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The PEG Ratio of Wex Inc is 2.51.

What do analysts say about Wex Inc?
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According to the analysts Wex Inc is considered a hold.