| Index | — | P/E | 15.91 | EPS (ttm) | 11.62 | Insider Own | 6.37% | Shs Outstand | 34.08M | Perf Week | -3.76% |
| Market Cap | 6.30B | Forward P/E | 8.32 | EPS next Y | 22.22 | Insider Trans | -1.81% | Shs Float | 29.52M | Perf Month | 9.33% |
| Enterprise Value | 6.36B | PEG | 2.43 | EPS next Q | — | Short Float | 9.83% | Perf Quarter | -2.28% | ||
| Income | 405.00M | P/S | 2.19 | EPS this Y | 32.62% | Short Ratio | 4.51 | Perf Half Y | 19.91% | ||
| Sales | 2.88B | P/B | 5.47 | EPS next Y | 5.03% | ROA | 2.50% | Short Interest | 2.90M | Perf YTD | 24.09% |
| Book/sh | 33.80 | P/C | 1.20 | EPS next 5Y | 6.54% | ROE | 32.33% | 52W High | 203.99 -10.72% | Perf Year | 21.99% |
| Cash/sh | 154.54 | P/FCF | — | EPS past 3/5Y | 23.47% — | ROIC | 8.22% | 52W Low | 125.29 45.37% | Perf 3Y | 11.31% |
| Dividend Est. | — | EV/EBITDA | 5.75 | Sales past 3/5Y | 4.22% 11.27% | Gross Margin | 57.58% | Volatility | 4.23% 3.12% | Perf 5Y | -5.80% |
| Dividend TTM | — | EV/Sales | 2.21 | EPS Y/Y TTM | 51.11% | Oper. Margin | 26.62% | ATR (14) | 6.30 | Perf 10Y | 74.08% |
| Dividend Ex-Date | — | Quick Ratio | 1.03 | Sales Y/Y TTM | 9.71% | Profit Margin | 14.05% | RSI (14) | 50.96 | Recom | 2.56 |
| Dividend Gr. 3/5Y | — | Current Ratio | 1.03 | EPS Q/Q | 33.55% | SMA20 | 1.42% | Beta | 0.90 | Target Price | 185.00 |
| Payout | 0.00% | Debt/Eq | 4.62 | Sales Q/Q | 12.72% | SMA50 | -0.50% | Rel Volume | 1.15 | Prev Close | 184.87 |
| Employees | 6,600 | LT Debt/Eq | 3.00 | Earnings | Feb 03 | SMA200 | 12.33% | Avg Volume | 548.63K | Price | 182.13 |
| IPO Date | Feb 16, 2005 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 8.30% — | Net Debt/EBITDA | 0.05 | Volume | 629,633 | Change | -1.48% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Oct-27-26 | Reiterated | Morgan Stanley | Equal Weight | $172 → $178 |
| Sep-10-26 | Initiated | Piper Sandler | Neutral | $209 |
| Jul-27-26 | Reiterated | Cantor Fitzgerald | Neutral | $152 → $178 |
| Jul-24-26 | Reiterated | Mizuho | Outperform | $170 → $200 |
| Jul-21-26 | Reiterated | Morgan Stanley | Equal Weight | $158 → $172 |
| Jun-29-26 | Reiterated | Cantor Fitzgerald | Neutral | $158 → $152 |
| Jun-12-26 | Reiterated | Deutsche Bank | Hold | $235 → $160 |
| Apr-27-26 | Initiated | Loop Capital | Buy | $195 |
| Apr-23-26 | Reiterated | Robert W. Baird | $210 → $220 | |
| Apr-21-26 | Reiterated | Morgan Stanley | Equal Weight | $146 → $158 |
WEX Inc., a financial technology enterprise established in 1983 and headquartered in Portland, Maine, delivers diverse services across the United States and globally. The company, which operated as Wright Express Corporation until its name change in October 2012, structures its operations into three primary divisions. The Fleet Solutions segment specializes in comprehensive payment processing for vehicle fleets. Its offerings include complete customer and account management (spanning activation, retention, credit, and billing support), merchant services, and robust web-based analytics platforms designed to offer fleet managers crucial insights for optimizing expenses and capital. WEX distributes these solutions to commercial and governmental fleets of varying sizes, from local to long-haul, through both direct channels and co-branded or private label alliances. The Travel and Corporate Solutions segment provides sophisticated payment systems, which feature embedded payment functionalities, automated accounts payable, and spend management tools. A key product includes virtual cards, specifically engineered for secure, card-not-present transactions. This segment serves commercial and government entities through a mix of direct and indirect marketing approaches. Finally, the Health and Employee Benefit Solutions segment offers specialized healthcare payment products and consumer-centric software-as-a-service (SaaS) platforms for the healthcare sector. It also encompasses payroll and employee benefit solutions, with a particular focus on Brazil. This segment reaches its clientele via a broad network comprising health plans, third-party administrators, financial institutions, payroll providers, benefits consultants, software companies, and individual consumers.
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| Line Item (USD, M) | TTM — | FY 2025 12/31/2025 | FY 2024 12/31/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,881 | 2,661 | 2,628 | 2,548 | — | — | — | — | — | |
| Cost of Goods Sold Incl. D&A | 1,222 | 1,201 | 1,038 | 973 | — | — | — | — | — | |
| Gross Profit | 1,658 | 1,460 | 1,591 | 1,575 | — | — | — | — | — | |
| Selling, General and Administrative Excl. Other | 819 | 717 | 717 | 756 | — | — | — | — | — | |
| Research and Development | 0 | 0 | 0 | 0 | — | — | — | — | — | |
| Other Operating Expense | 73 | 67 | 187 | 172 | — | — | — | — | — | |
| Operating Income | 767 | 676 | 686 | 647 | — | — | — | — | — | |
| Interest Expense | 218 | 241 | 236 | 205 | — | — | — | — | — | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | 6 | -15 | -33 | -74 | — | — | — | — | — | |
| Net Income Before Taxes | 556 | 420 | 418 | 369 | — | — | — | — | — | |
| Income Taxes | 150 | 116 | 108 | 102 | — | — | — | — | — | |
| Consolidated Net Income | 405 | 304 | 310 | 267 | — | — | — | — | — | |
| Net Income From Continuing Operations | 405 | 304 | 310 | 267 | — | — | — | — | — | |
| Net Income | 405 | 304 | 310 | 267 | — | — | — | — | — | |
| EPS (Recurring) | 11.78 | 8.57 | 7.59 | 6.23 | — | — | — | — | — | |
| EPS (Basic, Before Extraordinaries) | 11.78 | 8.57 | 7.59 | 6.23 | — | — | — | — | — | |
| EPS (Diluted) | 11.62 | 8.47 | 7.50 | 6.16 | — | — | — | — | — | |
| EBITDA | 1,105 | 995 | 975 | 850 | — | — | — | — | — | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 15.67 | 17.59 | 23.38 | 31.58 | — | — | — | — | — | |
| Price To Sales Ratio | 2.15 | 2.02 | 2.74 | 3.28 | — | — | — | — | — | |
| Gross Margin | 57.55 | 54.87 | 60.54 | 61.81 | — | — | — | — | — | |
| Operating Margin | 26.62 | 25.40 | 26.10 | 25.39 | — | — | — | — | — | |
| Net Margin | 14.06 | 11.42 | 11.80 | 10.48 | — | — | — | — | — | |
| Shares Outstanding | 34 | 36 | 41 | 43 | — | — | — | — | — | |
| Market Capitalization | 6,192 | 5,363 | 7,188 | 8,366 | — | — | — | — | — | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| Deshaies Robert Joseph | COO, Benefits | Oct 05 '26 | Sale | 173.56 | 2,000 | 347,109 | 17,288 | Oct 07 |
| Dearborn Joel Alan JR | COO, International | Sep 14 '26 | Option Exercise | 104.95 | 843 | 88,473 | 17,864 | Sep 16 |
| Dearborn Joel Alan JR | COO, International | Sep 14 '26 | Sale | 200.00 | 843 | 168,600 | 17,021 | Sep 16 |
| Smith Melissa D | CEO and President | Sep 01 '26 | Sale | 190.09 | 28,109 | 5,343,286 | 126,625 | Sep 03 |
| Smith Melissa D | CEO and President | Sep 01 '26 | Option Exercise | 104.03 | 28,109 | 2,924,150 | 154,734 | Sep 03 |
| Carriedo Carlos | COO, Amer. Payments & Mobility | Aug 04 '26 | Sale | 186.00 | 1,075 | 199,950 | 11,076 | Aug 06 |
| Deshaies Robert Joseph | COO, Benefits | Jul 30 '26 | Sale | 184.95 | 1,000 | 184,950 | 19,288 | Jul 31 |
| Drew Ann Elena | Chief Risk and Compliance | Jul 27 '26 | Sale | 176.02 | 3,400 | 598,468 | 7,988 | Jul 29 |
| Kimball Jennifer | Chief Accounting Officer | Jul 27 '26 | Sale | 176.55 | 1,183 | 208,859 | 4,916 | Jul 29 |
| Deshaies Robert Joseph | COO, Benefits | Jul 06 '26 | Sale | 148.40 | 2,000 | 296,796 | 20,288 | Jul 08 |
| Carriedo Carlos | COO, Amer. Payments & Mobility | Jun 17 '26 | Option Exercise | 0.00 | 391 | 0 | 12,325 | Jun 22 |
| Trickett Sara | Chief Legal Officer | Jun 17 '26 | Option Exercise | 0.00 | 173 | 0 | 3,618 | Jun 22 |
| Deshaies Robert Joseph | COO, Benefits | May 28 '26 | Sale | 144.84 | 1,200 | 173,808 | 22,288 | Jun 01 |
| GROCH JAMES R | Director | May 18 '26 | Buy | 142.95 | 1,500 | 214,425 | 17,957 | May 20 |
| GROCH JAMES R | Director | May 15 '26 | Option Exercise | 0.00 | 1,567 | 0 | 16,457 | May 18 |