WEX WEX
- Market cap
- $6.7B
- PE
- 19.7×
- 10y median 42.8×
- Forward PE
- n/m
- not a meaningful number
- Price to sales
- 2.4×
- EV/EBIT
- 8.3×
- Revenue, 12 months
- $2.8B
- +7% on a year ago
- Net margin
- 12.6%
- Free cash flow yield
- 1.6%
WEX trades at 19.7× trailing earnings, cheaper than 87% of the last ten years. Revenue was $2.8B over the last twelve months, up 7% on a year earlier with a 13% net margin.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $651.4M+6% | $663.3M+7% | $652.7M+7% | $673.5M+8% | $665.5M+2% | $636.5M−4% | $636.6M−3% | $659.6M−2% | $691.8M+4% | $672.9M+6% | $673.8M+6% | $753.5M+14% | |
| Cost of revenue | $235.1M−7% | $255.9M+2% | $267.2M+8% | $263.8M+12% | $249.2M+6% | $257.6M+1% | $270M+1% | $272.7M+3% | $274.3M+10% | $283.6M+10% | $280.1M+4% | $289.7M+6% |
| Gross profit | $416.3M+14% | $407.4M+11% | $385.5M+6% | $409.7M+6% | $416.3M+0% | $378.9M−7% | $366.6M−5% | $386.9M−6% | $417.5M+0% | $389.3M+3% | $393.7M+7% | $463.8M+20% |
| SG&A | $199.4M+19% | $202.5M+18% | $173.8M+3% | $194.7M+5% | $173M−13% | $175.3M−13% | $164.6M−5% | $184M−6% | $189.3M+9% | $179.4M+2% | $191.9M+17% | $217M+18% |
| $174.9M+722% | $158.5M+2% | $164.5M+7% | $168.1M+6% | $196.4M+12% | $157.3M−1% | $157.3M−4% | $156.8M−7% | $183.6M−7% | $166.3M+6% | $158.2M+1% | $203.2M+30% | |
| Interest expense | $25.3M+220% | $26.6M+269% | $23.5M+84% | $25.7M+32% | $28.3M+12% | $26.5M−0% | $24.1M+3% | $28.7M+12% | $29.2M+3% | $27M+2% | $23.7M−2% | $32.6M+14% |
| Pre-tax income | $44.4M | $108.4M−13% | $90M−8% | $106.1M−10% | $141.1M+218% | $80.6M−26% | $100.4M+12% | $93.4M−12% | $116.4M−18% | $110M+37% | $108.5M+8% | $150.5M+61% |
| $26M+3114% | $23.5M−34% | $24.2M−20% | $29.1M+29% | $38.2M+47% | $16.6M−29% | $28.9M+19% | $25.2M−13% | $36.2M−5% | $25.8M+55% | $30.8M+7% | $41.9M+66% | |
| Net income | $18.4M | $84.9M−4% | $65.8M−3% | $77M−19% | $102.9M+459% | $63.9M−25% | $71.5M+9% | $68.1M−12% | $80.3M−22% | $84.3M+32% | $77.7M+9% | $108.5M+59% |
| $0.42 | $1.99−2% | $1.55−1% | $1.83−17% | $2.52+500% | $1.59−20% | $1.81+17% | $1.98+8% | $2.30−9% | $2.41+52% | $2.22+23% | $3.11+57% | |
| 43.4M−2% | 42.7M−3% | 42.4M−3% | 42M−3% | 40.8M−6% | 40.1M−6% | 39.4M−7% | 34.4M−18% | 34.8M−15% | 35M−13% | 35M−11% | 34.9M+2% |
Gross profit: 69 periods, Q2 FY09 to Q2 FY26: not printed by the filing, worked out from its own lines.
EPS, diluted: 10 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: 15 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY20 and Q4 FY21: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $749.7M | $734.8M to $789M | $5.66 | $5.53 to $6.01 | 11 |
| Q4 FY26 | $717.5M | $696.8M to $768M | $4.99 | $4.83 to $5.34 | 10 |
| Q1 FY27 | $712.3M | $690.4M to $764.5M | $4.78 | $4.59 to $5.24 | 8 |
| Q2 FY27 | $734.3M | $711.8M to $788.1M | $5.18 | $4.97 to $5.67 | 8 |
| Q3 FY27 | $759.4M | $736.2M to $815.1M | $5.96 | $5.72 to $6.52 | 8 |
| Q4 FY27 | $743.7M | $720.9M to $798.2M | $5.49 | $5.27 to $6.01 | 8 |
| Q1 FY28 | $737.4M | $714.8M to $791.4M | $5.26 | $5.05 to $5.76 | 9 |
| Q2 FY28 | $765.9M | $742.4M to $822.1M | $5.72 | $5.49 to $6.26 | 9 |
Peers
Companies in Financial - Credit Services nearest WEX's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| WEXWEX | $6.7B | 19.7× | 42.8× | 2.4× | +7% | 12.6% | |
| EXLSExlService | $6.4B | 26.6× | 34.7× | 2.9× | +14% | 11.2% | |
| OMFOneMain | $6.4B | 8.4× | 9.1× | 1.3× | +8% | 15.4% | |
| ZGZillow | $7.7B | 155× | 154× | 2.7× | +18% | 2.0% | |
| ETSYEtsy | $8B | 53.3× | 50.6× | 2.8× | +4% | 7.3% | |
| CACCCredit Acceptance | $5.7B | 12.0× | 14.0× | 2.4× | +3% | 21.5% | |
| AMTMAmentum | $5.3B | 26.2× | 60.6× | 0.4× | +11% | 1.4% | |
| HQYHealthequity | $8.6B | 37.7× | 78.2× | 6.3× | +7% | 17.4% | |
| RELYRemitly Global | $5.3B | 17.9× | 55.1× | 2.9× | +24% | 16.9% | |
| FIGRFigure Technology Solutions | $5.2B | 24.2× | 33.2× | 7.3× | +89% | 33.5% | |
| DAVEDave | $4.5B | 23.0× | 22.7× | 7.0× | +49% | 34.6% | |
| Peer median | $6B | 25.2× | 42.6× | 2.8× | +13% | 16.1% |
More on WEX
Each number over time
- PE ratio
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
Its groups
About
- Industry
- Financial - Credit Services
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .