WEX Stock

WEX Market capitalization 2024

WEX Market capitalization

8.6 B USD

Ticker

WEX

ISIN

US96208T1043

WKN

A1J7A6

In 2024, WEX's market cap stood at 8.6 B USD, a 2.78% increase from the 8.37 B USD market cap in the previous year.

The WEX Market capitalization history

YEARMarket Capitalization (undefined USD)
20237.94
20227.15
20218.84
20207.1
20198.53
20187.43
20174.82
20163.77
20153.92
20143.94
20133.22
20122.51
20111.9
20101.35
20090.95
20081.03
20071.38
20061.14
20050.79
2004-

WEX Aktienanalyse

What does WEX do?

WEX Inc is a globally operating provider of payment solutions serving business customers. The company offers a variety of payment solutions that enable companies to manage payments, pay invoices, measure profitability, and conduct data analysis. The company is headquartered in South Portland, Maine, USA, and operates in 15 countries. The history of WEX Inc dates back to 1983 when the company was founded under the name Wright Express. The original business idea was to offer a credit card for businesses to pay for fuel and repairs for their fleets. Over the years, the company has evolved into a leading provider of payment solutions for business customers. Today, WEX Inc operates in three main business segments: Fuel Cards, Corporate Payments, and Fleet Solutions. Fuel Cards provide companies with a way to manage and control their fuel expenses. Customers can access a variety of fueling stations and networks supported by WEX to refuel their fleets. Additionally, the company offers a mobile app for customers to pay their bills and track their expenses. Corporate Payments provides companies with a platform to make payments to suppliers and other businesses. Customers can also utilize virtual credit cards for online payments and other transactions. The platform offers numerous features, including automated invoice processing and analysis tools, to help customers reduce costs and control expenses. Fleet Solutions offers companies a suite of tools to effectively manage their fleets. This includes telematics systems that enable companies to track the positions of their vehicles and plan routes, as well as workshop management tools that assist companies in performing maintenance and managing repairs. Customers also have access to analysis tools to measure and improve the efficiency of their fleets. WEX Inc also offers a variety of other products and services, including travel and purchasing cards, as well as specialized solutions for the healthcare sector and the oil and gas industry. The business model of WEX Inc is based on providing payment solutions that enable companies to manage and control their expenses. The company has a strong presence in the payment card and payment solutions market, particularly in the field of fleet expenses. It utilizes technologies such as telematics, mobile apps, and data analysis to provide additional value propositions to its customers and enhance its competitiveness. Overall, WEX Inc is an innovative and strong provider of payment solutions for business customers. The company has a long history and experience in the market, and it offers a wide range of products and services to meet the needs of its customers. With its global presence and investment in new technologies and innovations, WEX is well-positioned to continue growing and expanding in the years to come. WEX ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring WEX's Market Capitalization

WEX's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of WEX's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

WEX's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in WEX’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about WEX stock

What is the current WEX market capitalization?

The current market capitalization of WEX is 8.6 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like WEX.

How has the market capitalization of WEX developed in recent years?

The market capitalization of WEX has increased/decreased by 2.78% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of WEX?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of WEX?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of WEX have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does WEX pay?

Over the past 12 months, WEX paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, WEX is expected to pay a dividend of 0 USD.

What is the dividend yield of WEX?

The current dividend yield of WEX is .

When does WEX pay dividends?

WEX pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of WEX?

WEX paid dividends every year for the past 0 years.

What is the dividend of WEX?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is WEX located?

WEX is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von WEX kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of WEX from 9/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/16/2024.

When did WEX pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of WEX in the year 2023?

In the year 2023, WEX distributed 0 USD as dividends.

In which currency does WEX pay out the dividend?

The dividends of WEX are distributed in USD.

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Andere Kennzahlen von WEX

Our stock analysis for WEX Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of WEX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.