WEX Inc.
WEXNYSE
$164.30
↑ +0.0%Jul 17 close · end-of-day
Price
1Y↑ +8.8%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$5.8B
Enterprise Value
$4.0B
P/E
18.5
P/S
2.1
P/B
4.5
EV/EBITDA
4.0
PEG
0.8
FCF Yield
8.0%
Dividend Yield
—
Revenue (TTM)
$2.7B
Net Income (TTM)
$310.3M
Free Cash Flow (TTM)
$459.6M
Gross Margin
—
Operating Margin
24.6%
Net Margin
11.5%
ROE
24.3%
ROIC
—
Debt / Equity
2.9
Net Cash
$1.7B
Return 1Y
+7.0%
Company profile
WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services. The Travel and corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions.
- CEO
- Melissa D. Smith
- Sector
- Services
- Industry
- Business Services
- Employees
- 5,600
- Headquarters
- Maine
- Website
- wexinc.com
Management & directors
- Deshaies Robert JosephCOO, Benefits
- Carriedo CarlosCOO, Amer. Payments & Mobility
- Trickett SaraChief Legal Officer
- Dearborn Joel Alan JrCOO, International
- Kimball JenniferChief Accounting Officer
- Dhawan SachinChief Technology Officer
- Drew Ann ElenaChief Risk and Compliance
- Narula JagtarChief Financial Officer
- Smith Melissa DChair, CEO, and President
- Stroup Karen B.Chief Digital Officer
Roles derived from SEC Form 4 filings.
Earnings
WEX Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$673.8M↑ +5.8%
Diluted EPS$2.22↑ +22.7%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.9B | $2.4B | $2.5B | $2.6B | $2.7B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$91.7M | $342.0M | $469.8M | $647.1M | $686.3M | $663.9M |
| Net income | -$283.9M | $135.3M | $167.2M | $266.6M | $309.6M | $304.1M |
| Diluted EPS | -$5.56 | $0.00 | $4.50 | $6.16 | $7.50 | $8.47 |
| Operating cash flow | $736.8M | -$42.6M | $679.4M | $907.9M | $481.4M | $454.3M |
| Free cash flow | $656.3M | -$128.6M | $566.5M | $764.3M | $334.1M | $313.7M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -5.9% | 18.5% | 20.0% | 25.4% | 26.1% | 25.0% |
| Net margin | -18.2% | 7.3% | 7.1% | 10.5% | 11.8% | 11.4% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $673.5M | $665.5M | $636.4M | $636.6M | $659.6M | $691.8M | $672.8M | $673.8M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $168.1M | $196.4M | $157.3M | $157.3M | $156.8M | $183.6M | $166.2M | $158.2M |
| Net income | $77.0M | $102.9M | $63.9M | $71.5M | $68.1M | $80.3M | $84.2M | $77.7M |
| Diluted EPS | $1.83 | $2.52 | $1.60 | $1.81 | $1.98 | $2.30 | $2.38 | $2.22 |
| Operating cash flow | -$7.0M | $3.3M | $638.4M | -$481.6M | $264.6M | $376.6M | $294.7M | -$330.8M |
| Free cash flow | -$46.6M | -$31.7M | $599.7M | -$514.2M | $230.0M | $341.6M | $256.3M | -$368.3M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 25.0% | 29.5% | 24.7% | 24.7% | 23.8% | 26.5% | 24.7% | 23.5% |
| Net margin | 11.4% | 15.5% | 10.0% | 11.2% | 10.3% | 11.6% | 12.5% | 11.5% |
Company news
Jul 17, 2026
Jul 15, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-06 | Deshaies Robert Joseph· COO, Benefits | Sale | 1,317 | $149.26 | $196,575.42 | filing |
| 2026-07-06 | Deshaies Robert Joseph· COO, Benefits | Sale | 265 | $147.92 | $39,198.80 | filing |
| 2026-07-06 | Deshaies Robert Joseph· COO, Benefits | Sale | 227 | $145.84 | $33,105.68 | filing |
| 2026-07-06 | Deshaies Robert Joseph· COO, Benefits | Sale | 135 | $146.90 | $19,831.50 | filing |
| 2026-07-06 | Deshaies Robert Joseph· COO, Benefits | Sale | 48 | $143.46 | $6,886.08 | filing |
| 2026-07-06 | Deshaies Robert Joseph· COO, Benefits | Sale | 8 | $149.77 | $1,198.16 | filing |
| 2026-06-30 | Wolfe Lauren Taylor | Award | 79 | — | — | filing |
| 2026-06-30 | GROCH JAMES R | Award | 186 | — | — | filing |
| 2026-06-30 | Callahan Don | Award | 186 | — | — | filing |
| 2026-06-30 | Adams Kurt Patrick | Award | 79 | — | — | filing |
| 2026-06-17 | Carriedo Carlos· COO, Amer. Payments & Mobility | Tax withholding | 174 | $131.27 | $22,840.98 | filing |
| 2026-06-17 | Trickett Sara· Chief Legal Officer | Tax withholding | 29 | $131.27 | $3,806.83 | filing |
| 2026-06-17 | Trickett Sara· Chief Legal Officer | Tax withholding | 23 | $131.27 | $3,019.21 | filing |
| 2026-06-17 | Carriedo Carlos· COO, Amer. Payments & Mobility | Option exercise | 391 | $0.00 | $0.00 | filing |
| 2026-06-17 | Trickett Sara· Chief Legal Officer | Option exercise | 75 | $0.00 | $0.00 | filing |
| 2026-06-17 | Trickett Sara· Chief Legal Officer | Option exercise | 98 | $0.00 | $0.00 | filing |
| 2026-05-28 | Deshaies Robert Joseph· COO, Benefits | Sale | 1,200 | $144.84 | $173,808.00 | filing |
| 2026-05-18 | GROCH JAMES R | Buy | 1,500 | $142.95 | $214,425.00 | filing |
| 2026-05-15 | Smith Stephen Montgomery | Option exercise | 1,567 | $0.00 | $0.00 | filing |
| 2026-05-15 | Roman Derrick A. | Option exercise | 1,567 | $0.00 | $0.00 | filing |
| 2026-05-15 | Cardwell Aimee | Option exercise | 1,567 | $0.00 | $0.00 | filing |
| 2026-05-15 | Sobbott Susan | Option exercise | 1,567 | $0.00 | $0.00 | filing |
| 2026-05-15 | Callahan Don | Option exercise | 1,567 | $0.00 | $0.00 | filing |
| 2026-05-15 | GROCH JAMES R | Option exercise | 1,567 | $0.00 | $0.00 | filing |
| 2026-04-16 | Dearborn Joel Alan JR· COO, International | Sale | 3,500 | $175.00 | $612,500.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.