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WEX NYSE

WEX Inc.
1W: +4.8% 1M: +7.7% 3M: +5.0% YTD: +29.4% 1Y: +20.0% 3Y: +0.6% 5Y: +0.6%
$186.38
-5.71 (-2.97%)
After Hours: $186.12 (-0.26, -0.14%)
Weekly Expected Move ±4.3%
$180 $189 $197 $206 $215
NYSE · Technology · Software - Infrastructure · Tech Score Buy · Power 63 · $6.5B mcap · 30M float · 2.12% daily turnover · Short 71% of daily vol
Credit Risk of going bust: higher than 65% of companies Debt: 45.0% of company value Bonds: $54.7M held by 111 funds, 204 bp over Treasuries → details ▾
Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $13.44 (down 93%), WEX Inc. would be worth roughly what it owes.
Total debt $5.36B against a stock market value of $6.55B.
Distance to default 3.81 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $3.60B (short-term plus half of long-term), stock volatility 41.2%; Altman Z'' 1.09. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue
$2.7B +1.2% ▲
5Y CAGR: +11.3%
Gross Profit
$1.5B -8.2% ▼
5Y CAGR: +10.5%
Operating Income
$676M -1.5% ▼
Net Income
$304M -1.8% ▼
EPS (Diluted)
$8.47 +12.9% ▲
EBITDA
$995M +2.0% ▲
5Y CAGR: +53.2%

Profit Margins

Year-over-Year Growth

View Full Income Statement
Line ItemFY2021FY2022FY2023FY2024FY2025
Revenue$1.9B$2.4B$2.5B$2.6B$2.7B
YoY Growth+18.6%+27.0%+8.4%+3.1%+1.2%
Cost of Revenue$702M$930M$973M$1.0B$1.2B
Gross Profit$1.1B$1.4B$1.6B$1.6B$1.5B
Gross Margin62.1%60.4%61.8%60.5%54.9%
R&D Expenses$0$0$0$0$0
SG&A Expenses$646M$656M$756M$717M$717M
Operating Expenses$806M$950M$928M$904M$784M
Operating Income$342M$470M$647M$686M$676M
Operating Margin18.5%20.0%25.4%26.1%25.4%
Interest Expense$89M$48M$205M$236M$241M
Income Before Tax$204M$260M$369M$418M$420M
Tax Expense$68M$93M$102M$108M$116M
Net Income$100K$201M$267M$310M$304M
Net Margin0.0%8.6%10.5%11.8%11.4%
EPS (Diluted)$3.00$4.50$6.16$7.50$8.47
EBITDA$566M$572M$850M$975M$995M
Shares Outstanding45M45M43M41M36M

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms