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WEX Inc. (WEX) is a technology company in the software - infrastructure industry with $2.79B in trailing revenue trading at a 17.8× trailing P/E — analyst consensus: buy.
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet 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 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. WEX Inc. was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is headquartered in Portland, Maine.
Key Statistics
Market Cap
$6.08B
Revenue (TTM)
$2.79B
EPS (TTM)
$10.02
EPS (Fwd est.)
$21.20
Employees
6,600
Trailing P/E
17.79
Forward P/E
8.41
PEG Ratio
0.98
Price / Sales
2.18
Price / Book
4.55
EV / EBITDA
5.79
Beta (5Y)
0.83
Analyst Consensus
Consensus
Buy
Analyst Price Target
+9.6% upside
Target: $195.36
Annual Revenue & Net Income
RevenueNet Income
'22
$2.35B
$200.00M
'23
$2.55B
$270.00M
'24
$2.63B
$310.00M
'25
$2.66B
$300.00M
Earnings History
Quarter
Actual EPS
Estimate
Result
Jul 2026
$5.35
$5.07
Beat (+5.5%)
Apr 2026
$4.15
$4.10
Beat (+1.3%)
Feb 2026
$4.11
$3.93
Beat (+4.7%)
Oct 2025
$4.59
$4.45
Beat (+3.1%)
Next Earnings Report
WEX Inc. is next expected to report earnings on 28 Oct 2026.
Profitability
73.2%
26.9%
12.6%
Gross MarginOperating MarginNet Margin
Revenue Growth (YoY)
14.2%
Return on Equity
30.2%
Return on Assets
2.9%
Balance Sheet
Cash & Equivalents
$6.10B
Total Debt
$5.36B
Net Position
$740.00M (net cash)
Free Cash Flow (TTM)
$1.33B
Debt / Equity
398.42
Share Ownership
Institutions 119.0%
Insiders 1.3%
Institutional figure exceeds 100% due to short selling
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet 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;…
What is WEX's market cap?
WEX Inc. has a market capitalization of approximately $6.08B.
What is WEX's P/E ratio?
WEX Inc. trades at a trailing P/E ratio of 17.8x and a forward P/E of 8.4x, which is below the broad market average of ~25x.
How much revenue does WEX generate?
WEX Inc. generated $2.79B in trailing 12-month revenue.
What do analysts say about WEX?
The analyst consensus rating for WEX Inc. is buy, with a mean price target of $195.36. That implies +9.6% upside from the current price.
When does WEX report earnings?
WEX Inc. is next scheduled to report earnings on 28 Oct 2026.
Does WEX pay a dividend?
WEX Inc. does not currently pay a regular dividend.
View live charts, options flow, gamma exposure, earnings history, and technical analysis for WEX Inc. on Apsis Markets.