WEX (WEX) Stock Price

WEX Price

NYSE·CLOSED
186.96USD+0.56 (+0.30 %)
Market closed

Over the last 19 years WEX grew revenue by 12.3% annually, reaching 2.66 B USD. Earnings per share have grown at 8.6% per year over the last 19 years. For WEX, the net margin of 11.4% is up versus 0.0% a few years ago. The consensus 12-month price target for WEX is 171.36 USD, about 8.3% below where the stock trades today. Of 19 analysts, 7 rate the stock a buy — an overall Hold consensus. The stock trades about 47% above its 52-week low.

WEX stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of WEX over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how WEX stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing WEX's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

WEX Stock Price History
DateWEX Price
7/31/2026186.96 USD
7/30/2026186.40 USD
7/29/2026188.99 USD
7/27/2026175.04 USD
7/23/2026171.47 USD
7/22/2026155.68 USD
7/21/2026160.96 USD
7/20/2026163.49 USD
7/17/2026164.30 USD
7/16/2026164.24 USD
7/15/2026157.88 USD
7/14/2026155.09 USD
7/13/2026160.72 USD
7/10/2026157.50 USD
7/9/2026153.83 USD
7/8/2026154.30 USD
7/7/2026153.14 USD
7/6/2026147.69 USD
7/2/2026146.48 USD
7/1/2026142.59 USD
6/30/2026141.09 USD
6/29/2026137.60 USD
6/26/2026138.01 USD
6/25/2026133.08 USD
6/24/2026134.48 USD
6/23/2026130.27 USD
6/22/2026127.35 USD
6/18/2026126.78 USD
6/17/2026130.23 USD
6/16/2026130.18 USD
6/15/2026133.40 USD
6/12/2026135.20 USD
6/11/2026135.79 USD
6/10/2026140.89 USD
6/9/2026148.32 USD
6/8/2026147.55 USD
6/5/2026148.14 USD
6/4/2026148.09 USD
6/3/2026145.27 USD
6/2/2026144.93 USD
6/1/2026145.82 USD
5/29/2026144.49 USD
5/28/2026144.60 USD
5/27/2026145.82 USD
5/26/2026149.29 USD
5/22/2026148.96 USD
5/21/2026147.69 USD
5/20/2026143.95 USD
5/19/2026141.08 USD
5/18/2026142.60 USD
5/15/2026141.42 USD
5/14/2026134.02 USD
5/13/2026135.79 USD
5/12/2026135.78 USD
5/11/2026140.50 USD
5/8/2026141.64 USD
5/7/2026144.26 USD
5/6/2026144.00 USD
5/4/2026154.18 USD
5/1/2026151.14 USD
4/30/2026150.33 USD
4/29/2026154.66 USD
4/28/2026152.46 USD
4/27/2026149.10 USD
4/24/2026150.45 USD
4/22/2026184.93 USD
4/21/2026177.53 USD
4/20/2026177.13 USD
4/17/2026173.50 USD
4/16/2026175.50 USD
4/15/2026171.45 USD
4/14/2026167.99 USD
4/13/2026165.94 USD
4/10/2026159.29 USD
4/9/2026159.50 USD
4/8/2026158.32 USD
4/7/2026157.78 USD
4/6/2026157.10 USD
4/5/2026157.10 USD
4/2/2026154.69 USD
4/1/2026154.69 USD
3/31/2026150.36 USD
3/30/2026153.04 USD
3/29/2026153.38 USD
3/27/2026147.55 USD
3/26/2026147.55 USD
3/25/2026155.10 USD
3/24/2026151.32 USD
3/23/2026155.37 USD
3/22/2026155.91 USD
3/20/2026156.89 USD
3/19/2026156.89 USD
3/18/2026151.69 USD
3/17/2026148.90 USD
3/16/2026152.53 USD
3/15/2026156.79 USD
3/13/2026159.95 USD
3/12/2026159.95 USD
3/11/2026160.33 USD
3/10/2026160.47 USD
3/9/2026158.77 USD
3/8/2026161.98 USD
3/6/2026167.07 USD
3/5/2026166.10 USD
3/4/2026164.79 USD
3/3/2026163.68 USD
3/2/2026158.00 USD
2/27/2026149.19 USD
2/26/2026151.29 USD
2/25/2026150.03 USD
2/24/2026150.10 USD
2/23/2026151.67 USD
2/20/2026157.37 USD
2/19/2026154.72 USD
2/18/2026158.99 USD
2/17/2026153.88 USD
2/13/2026157.67 USD
2/12/2026152.65 USD
2/11/2026165.67 USD
2/10/2026166.00 USD
2/9/2026162.44 USD
2/6/2026158.95 USD
2/5/2026148.54 USD
2/4/2026148.91 USD
2/3/2026144.28 USD
2/2/2026153.13 USD
1/30/2026153.90 USD
1/29/2026157.63 USD
1/28/2026154.68 USD
1/27/2026156.70 USD
1/26/2026158.94 USD
1/23/2026159.97 USD
1/22/2026161.85 USD
1/21/2026157.78 USD
1/20/2026151.84 USD
1/16/2026157.69 USD
1/15/2026160.57 USD
1/14/2026161.35 USD
1/13/2026159.03 USD
1/12/2026160.83 USD
1/9/2026161.88 USD
1/8/2026158.97 USD
1/7/2026153.74 USD
1/6/2026151.78 USD
1/5/2026152.20 USD
1/2/2026148.39 USD
12/31/2025148.98 USD
12/30/2025151.29 USD
12/29/2025152.81 USD
12/26/2025153.12 USD
12/24/2025152.71 USD
12/23/2025152.14 USD
12/22/2025153.81 USD
12/19/2025150.90 USD
12/18/2025150.47 USD
12/17/2025150.03 USD
12/16/2025152.55 USD
12/15/2025151.05 USD
12/12/2025153.78 USD
12/11/2025154.69 USD
12/10/2025154.63 USD
12/9/2025150.04 USD
12/8/2025151.40 USD
12/5/2025153.80 USD
12/4/2025151.28 USD
12/3/2025149.37 USD
12/2/2025146.57 USD
12/1/2025146.48 USD
11/28/2025148.36 USD
11/26/2025148.66 USD
11/25/2025149.62 USD
11/24/2025146.65 USD
11/21/2025146.05 USD
11/20/2025139.86 USD
11/19/2025139.08 USD
11/18/2025136.57 USD
11/17/2025136.40 USD
11/14/2025136.91 USD
11/13/2025140.89 USD
11/12/2025144.25 USD
11/11/2025147.83 USD
11/10/2025146.68 USD
11/7/2025145.68 USD
11/6/2025144.82 USD
11/5/2025148.54 USD
11/4/2025148.03 USD
11/3/2025150.71 USD
10/31/2025145.88 USD
10/30/2025151.54 USD
10/29/2025160.06 USD
10/28/2025158.82 USD
10/27/2025160.92 USD
10/24/2025159.89 USD
10/23/2025160.06 USD
10/22/2025155.79 USD
10/21/2025155.01 USD
10/20/2025152.91 USD
10/17/2025150.52 USD
10/16/2025147.64 USD
10/15/2025149.96 USD
10/14/2025152.24 USD
10/13/2025150.60 USD
10/10/2025150.74 USD
10/9/2025156.78 USD
10/8/2025159.09 USD
10/7/2025157.39 USD
10/6/2025158.40 USD
10/3/2025159.92 USD
10/2/2025158.93 USD
10/1/2025159.62 USD
9/30/2025157.53 USD
9/29/2025160.44 USD
9/28/2025160.44 USD
9/25/2025160.56 USD
9/24/2025158.06 USD
9/23/2025159.08 USD
9/22/2025163.92 USD
9/19/2025163.45 USD
9/18/2025168.33 USD
9/17/2025167.35 USD
9/16/2025171.96 USD
9/15/2025171.69 USD
9/12/2025169.74 USD
9/11/2025176.16 USD
9/10/2025169.57 USD
9/9/2025172.64 USD
9/8/2025172.48 USD
9/5/2025170.99 USD
9/4/2025173.36 USD
9/3/2025167.17 USD
9/2/2025169.12 USD
8/29/2025172.94 USD
8/28/2025170.45 USD
8/27/2025172.96 USD
8/26/2025171.29 USD
8/25/2025170.83 USD
8/22/2025172.87 USD
8/21/2025169.61 USD
8/20/2025169.05 USD
8/19/2025171.15 USD
8/18/2025172.68 USD
8/15/2025174.38 USD
8/14/2025175.13 USD
8/13/2025176.26 USD
8/12/2025170.78 USD
8/11/2025167.11 USD
8/8/2025168.26 USD
8/7/2025169.82 USD
8/6/2025171.95 USD
8/5/2025170.45 USD
8/4/2025168.69 USD
Access this data via the Eulerpool API

WEX Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
1.85 B USD
342.00 M USD
100,000.00 USD
Jan 1, 2022
2.35 B USD
469.80 M USD
201.40 M USD
Jan 1, 2023
2.55 B USD
172.00 M USD
14.81 M USD
Jan 1, 2024
2.63 B USD
686.30 M USD
309.60 M USD
Jan 1, 2025
2.66 B USD
676.00 M USD
304.10 M USD
Jan 1, 2026 (e)
2.87 B USD
1.08 B USD
717.04 M USD
Jan 1, 2027 (e)
2.93 B USD
1.11 B USD
754.17 M USD
Jan 1, 2028 (e)
3.04 B USD
1.15 B USD
825.71 M USD

WEX Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 3, 2026, 8:02 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
0.720.820.851.011.251.491.721.561.852.352.552.632.662.872.933.04
15.0913.954.5318.5023.3219.5515.48-9.5218.6727.038.433.141.227.971.953.65
59.2756.0652.5854.6458.8163.2761.6956.8362.0560.430.0460.5054.8554.8554.8554.85
0.430.460.450.550.730.941.060.891.151.421.591.461.581.611.66
0.280.310.230.160.230.380.39-0.090.340.470.170.690.681.081.111.15
38.4937.4526.7016.0118.6725.4722.34-5.8418.4919.966.7526.1025.4137.7437.7437.76
149.00202.00101.0023.00160.00168.0099.00-243.00201.0014.00309.00304.00717.00754.00825.00
55.2135.57-50.00-77.23595.655.00-41.07-345.45-93.032,107.14-1.62135.865.169.42
39.1038.9838.8243.0743.0243.5443.9344.2144.8843.9841.9039.0035.0035.0035.0035.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales WEX generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue WEX retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare WEX's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares WEX has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against WEX's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

WEX stock margins

The WEX margin analysis displays the gross margin, EBIT margin, as well as the profit margin of WEX. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for WEX.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
62.06 %
18.48 %
0.01 %
Jan 1, 2022
60.41 %
19.99 %
8.57 %
Jan 1, 2023
0.05 %
6.75 %
0.58 %
Jan 1, 2024
60.52 %
26.11 %
11.78 %
Jan 1, 2025
54.86 %
25.41 %
11.43 %
Jan 1, 2026 (e)
54.86 %
37.77 %
24.96 %
Jan 1, 2027 (e)
54.86 %
37.77 %
25.75 %
Jan 1, 2028 (e)
54.86 %
37.77 %
27.21 %

WEX Stock Revenue, EBIT, Earnings per Share

The WEX earnings per share therefore indicates how much revenue WEX has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
41.23 USD
7.62 USD
0.00 USD
Jan 1, 2022
53.45 USD
10.68 USD
4.58 USD
Jan 1, 2023
60.81 USD
4.11 USD
0.35 USD
Jan 1, 2024
67.39 USD
17.60 USD
7.94 USD
Jan 1, 2025
76.02 USD
19.31 USD
8.69 USD
Jan 1, 2026 (e)
80.02 USD
31.00 USD
19.97 USD
Jan 1, 2027 (e)
81.57 USD
31.60 USD
21.01 USD
Jan 1, 2028 (e)
84.54 USD
32.75 USD
23.00 USD

WEX business model & stock analysis

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 SWOT Analysis

Strengths

WEX Inc has several strengths that contribute to its competitive advantage. Firstly, the company has a diverse range of payment solutions, including fleet, virtual, and healthcare payment options, which are in high demand. Secondly, WEX Inc benefits from strong partnerships with major fuel retailers, allowing it to provide reliable and convenient fuel payment services. Thirdly, the company has established a solid reputation for its technological expertise and innovation, which further enhances its brand image.

Weaknesses

Despite its strengths, WEX Inc also faces some weaknesses. One notable weakness is its heavy reliance on fuel prices, as fluctuations in fuel costs directly impact its revenue. This vulnerability exposes the company to potential financial risks. Additionally, WEX Inc operates in a highly competitive market, where other payment solution providers are constantly introducing new products and services. This puts pressure on the company to consistently adapt and differentiate itself.

Opportunities

The payment solutions industry offers several opportunities for WEX Inc. Firstly, the increasing adoption of electronic payments presents a growth opportunity for the company. As more businesses and individuals switch from traditional payment methods to digital systems, WEX Inc can expand its customer base. Secondly, the company can leverage its technological capabilities to develop innovative solutions tailored to specific industries, such as healthcare or transportation, further increasing its market share. Lastly, expanding into international markets where there is a growing demand for payment solutions can also drive WEX Inc's growth.

Threats

WEX Inc faces certain threats that may affect its operations. One significant threat is the increasing regulatory environment surrounding payment solutions, which may result in stricter compliance requirements and added costs. Moreover, the rise of disruptive technologies and new entrants in the industry pose a threat to WEX Inc's market position. The company must stay vigilant and adapt to emerging trends to mitigate the risk of being overshadowed by competitors. Additionally, any economic downturn or fluctuations in fuel prices can negatively impact WEX Inc's revenue and profitability.

WEX Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

WEX Employees
Details
Date
WEX Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

WEX Segments

WEX Revenue by Segment (1/5)

  • 3 Years

  • 5 Years

  • Max

Payment processing revenue
Account servicing revenue
Finance fee revenue
Other revenue
Details
Date
Payment processing revenue
Account servicing revenue
Finance fee revenue
Other revenue
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
825.59 M USD
266.53 M USD
0.00 USD
115.33 M USD
Jan 1, 2020
698.89 M USD
313.15 M USD
0.00 USD
116.91 M USD
Jan 1, 2021
858.99 M USD
376.14 M USD
0.00 USD
110.68 M USD
Jan 1, 2022
1.16 B USD
418.43 M USD
0.00 USD
115.33 M USD
Jan 1, 2023
1.21 B USD
500.00 M USD
0.00 USD
124.70 M USD
Jan 1, 2024
1.20 B USD
690.60 M USD
298.20 M USD
438.90 M USD
Jan 1, 2025
1.14 B USD
560.10 M USD
0.00 USD
142.50 M USD

WEX Revenue by Segment (2/5)

  • 3 Years

  • 5 Years

  • Max

Payment Processing Revenue
Details
Date
Payment Processing Revenue
Jan 1, 2018
203.29 M USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

WEX Revenue by Segment (3/5)

  • 3 Years

  • 5 Years

  • Max

Other Revenue
Account Servicing Revenue
Details
Date
Other Revenue
Account Servicing Revenue
Jan 1, 2018
96.95 M USD
37.26 M USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

WEX Revenue by Segment (4/5)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Total
Fleet solutions
Mobility
Benefits
Fleet Payment Solutions Segment
Fleet Solutions Segment
Health and employee benefit solutions
Corporate Payments
Travel and Corporate Solutions
Travel and Corporate Solutions Segment
Health and Employee Benefit Solutions Segment
Other Payment Solutions Segment
Details
Date
Total
Fleet solutions
Mobility
Segment Reporting Total
Benefits
Fleet Payment Solutions Segment
Fleet Solutions Segment
Fleet payment solutions
Health and employee benefit solutions
Corporate Payments
Travel and Corporate Solutions
Travel and Corporate Solutions Segment
Health and Employee Benefit Solutions Segment
Other Payment Solutions Segment
Other payment solutions
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
189.56 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
558.72 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
350.02 M USD
298.71 M USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
354.34 M USD
0.00 USD
273.63 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
411.41 M USD
0.00 USD
321.88 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
822.60 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
470.17 M USD
0.00 USD
396.90 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
809.30 M USD
0.00 USD
559.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
470.10 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
1.40 B USD
0.00 USD
739.50 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
487.80 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD
785.20 M USD
0.00 USD
601.00 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
459.20 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

WEX Revenue by Segment (5/5)

  • 3 Years

  • 5 Years

  • Max

Fleet Solutions
Travel and corporate solutions
Details
Date
Fleet Solutions
Travel and corporate solutions
Jan 1, 2018
561.74 M USD
245.46 M USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
500.98 M USD
0.00 USD
Jan 1, 2021
612.53 M USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
0.00 USD

WEX Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

United States
Other international
International
Australia
Details
Date
United States
Other international
International
Australia
Jan 1, 2011
482.54 M USD
0.00 USD
70.54 M USD
0.00 USD
Jan 1, 2012
541.40 M USD
0.00 USD
81.75 M USD
0.00 USD
Jan 1, 2013
627.28 M USD
0.00 USD
28.54 M USD
61.65 M USD
Jan 1, 2014
708.83 M USD
0.00 USD
50.92 M USD
57.90 M USD
Jan 1, 2015
691.09 M USD
113.16 M USD
0.00 USD
50.39 M USD
Jan 1, 2024
2.29 B USD
338.70 M USD
0.00 USD
0.00 USD

WEX Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

WEX historical P/E ratio, EBIT multiple, and P/S ratio

WEX annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

WEX shares outstanding

The number of shares of WEX was 35 M in 2025. This indicates how many shares WEX is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
44.88 M Stocks
Jan 1, 2022
43.98 M Stocks
Jan 1, 2023
41.90 M Stocks
Jan 1, 2024
39.00 M Stocks
Jan 1, 2025
35.00 M Stocks
Jan 1, 2026 (e)
35.00 M Stocks
Jan 1, 2027 (e)
35.00 M Stocks
Jan 1, 2028 (e)
35.00 M Stocks

Current WEX forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.33 %
Buy
36.84 % (7)
Hold
63.16 % (12)
Sell
0.00 % (0)
12M Price Target
171.36
Last Price
186.96
Currency
USD
12M Return Potential
-8.34 %
LTM Return
0 %

WEX Analyst Rating Actions

DateFirmActionRatingReliability
7/24/2026
Mizuho
Mizuho
MaintainedOutperform31
7/24/2026
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
MaintainedOutperform
7/21/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
6/29/2026
Cantor Fitzgerald
Cantor Fitzgerald
MaintainedNeutral44
6/12/2026
Deutsche Bank
Deutsche Bank
MaintainedHold
4/24/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
4/23/2026
Baird
Baird
MaintainedOutperform
4/21/2026
Morgan Stanley
Morgan Stanley
MaintainedEqual Weight60
2/9/2026
Cantor Fitzgerald
Cantor Fitzgerald
MaintainedNeutral44
2/6/2026
Mizuho
Mizuho
MaintainedOutperform31

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

WEX Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/23/20265.09USD-746.07 MUSD-2026 Q2
4/23/20263.98USD-669.95 MUSD-2026 Q1
2/5/20263.93USD-666.69 MUSD-2025 Q4
4/25/20243.81USD-666.04 MUSD-2024 Q1
2/7/20243.75USD-661.87 MUSD-2023 Q4
7/26/20233.58USD-607.57 MUSD-2023 Q2
4/26/20233.23USD-579.03 MUSD-2023 Q1
2/8/20233.25USD-586.72 MUSD-2022 Q4
10/27/20223.46USD-595.42 MUSD-2022 Q3
7/28/20223.41USD-577.83 MUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the WEX stock

49/100
25
Environment
78
Social
44
Governance
E

Environment

20
Scope 1 - Direct Emissions1,246
Scope 2 - Indirect emissions from purchased energy3,240
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions4,504
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees53
Percentage of women in management
Percentage of Asian employees5.7
Share of Asian management
Percentage of Hispanic/Latino employees5.1
Hispano/Latino Management share
Percentage of Black employees9.1
Black Management Share
Percentage of white employees76.5
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

WEX shareholder structure

% Name
10.90828%
JANUS HENDERSON GROUP PLC
JANUS HENDERSON GROUP PLC
10.78563%
Janus Henderson Investors
Janus Henderson Investors
8.95437%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
8.65025%
BLACKROCK, INC.
BLACKROCK, INC.
7.65982%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
6.28129%
PAR CAPITAL MANAGEMENT INC
PAR CAPITAL MANAGEMENT INC
...

WEX Beneficial Ownership Filings (SEC 13D/G)

Free Float
87.1%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
11.30%
JANUS HENDERSON GROUP PLC
JANUS HENDERSON GROUP PLC
SEC ↗
11.00%
Eaton Vance Management 04-3101341
Eaton Vance Management 04-3101341
SEC ↗
9.10%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
8.60%
JPMORGAN CHASE & CO13-2624428
JPMORGAN CHASE & CO13-2624428
SEC ↗
7.79%
David J. Greene and Company, LLC
David J. Greene and Company, LLC
SEC ↗
7.60%
EIN #00-0000000
EIN #00-0000000
SEC ↗
6.60%
PAR Investment Partners, L.P.
PAR Investment Partners, L.P.
SEC ↗
5.80%
Morgan Stanley
Morgan Stanley
SEC ↗
5.20%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
5.20%
JPMORGAN CHASE & CO.13-2624428
JPMORGAN CHASE & CO.13-2624428
SEC ↗

WEX Executives and Management Board

23 members · avg. age 57 · 39 % women

MS

Ms. Melissa Smith (56)

Chairman of the Board, President, Chief Executive Officer · since 1999

12.59 M USD

Management

JN

Mr. Jagtar Narula (54)

Chief Financial Officer

4.08 M USD
SD

Mr. Sachin Dhawan (50)

Chief Technology Officer

3.64 M USD
RD

Mr. Robert Deshaies (59)

Chief Operating Officer, Benefits

3.57 M USD
KS

Ms. Karen Stroup (49)

Chief Digital Officer

3.56 M USD
JD

Mr. Joel Dearborn (46)

Chief Operating Officer, International

3.35 M USD
JK

Ms. Jennifer Kimball (50)

Chief Accounting Officer

1.63 M USD

Board of Directors

AC

Ms. Aimee Cardwell (57)

Independent Director

385,053.00 USD
JV

Mr. Jack Vanwoerkom (71)

Lead Independent Vice Chairman of the Board

327,535.00 USD
DR

Mr. Derrick Roman (61)

Independent Director

315,035.00 USD
SS

Mr. Stephen Smith (54)

Independent Director

310,035.00 USD
NA

Ms. Nancy Altobello (67)

Independent Director

305,035.00 USD
DC

Mr. Daniel Callahan (68)

Independent Director

305,035.00 USD

WEX Supply Chain

WEX Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
10 companies
#NameTrend
1
ChargePt Hldg A
Customer·Electrical Equipment·US
0.92
0.92
0.85
-0.25
0.35
0.63
#NameTrend
1
AvidXchange
Customer·Software·US
0.75
0.70
0.53
-0.77
2
SAP
Supplier·Customer·Software·DE
-0.41
0.61
0.77
-0.65
0.08
-0.27
3
Apple
Supplier·Customer·Technology Hardware, Storage & Peripherals·US
-0.06
0.40
0.02
0.04
-0.56
-0.21
4
Ford Motor
Customer·Automobiles·US
-0.24
0.33
0.43
-0.37
-0.60
-0.17
5
Alphabet A
Supplier·Customer·Interactive Media & Services·US
-0.33
0.52
0.50
-0.43
-0.60
-0.13

Frequently asked questions about WEX

WEX Inc. is a global provider of payment processing and business solutions. Their business model revolves around offering innovative financial technology solutions to help businesses streamline their payment processes and improve their operational efficiency. WEX Inc. provides payment solutions in various sectors, including fleet, travel, and healthcare, enabling businesses to manage and control their expenses effectively. With its advanced technology and strategic partnerships, WEX Inc. focuses on delivering secure and flexible payment solutions that cater to the specific needs of its clients. This commitment to providing tailored payment solutions has earned WEX Inc. a reputable position in the industry.

WEX Inc is primarily active in the industries of payment processing and information management services.

The main competitors of WEX Inc in the market include FleetCor Technologies, Inc., FLEETCOR, and U.S. Bancorp. These companies also provide solutions and services related to fleet payment processing and management systems. However, WEX Inc has established itself as a prominent player in the industry, known for its innovative technology, customer-centric approach, and extensive network coverage. With its strong brand presence and effective solutions, WEX Inc continues to maintain a competitive edge in the market.

WEX Inc is a company with a rich history and background. Founded in 1983, WEX initially focused on providing fuel cards for fleet operators. Over the years, the company expanded its services and developed technology solutions to help businesses manage and optimize their payment processes. Today, WEX is a leading provider of corporate payment solutions, serving a wide range of industries globally. With a strong commitment to innovation and customer satisfaction, WEX has grown into a trusted partner for businesses seeking secure and efficient payment solutions.

WEX Inc has achieved several significant milestones in its journey. The company expanded its global presence with the acquisition of Electronic Funds Source, LLC in 2016, enhancing its fleet card presence and strengthening customer relationships. In 2019, WEX Inc acquired Discovery Benefits, a leading employee benefits administration platform, further diversifying its business portfolio. The company's commitment to innovation led to the launch of ClearView Advanced, a data analytics platform, in 2020, empowering businesses with advanced insights for smart decision-making. With a focus on providing innovative payment solutions, WEX Inc continues to evolve and deliver value to its customers worldwide.

WEX Inc is primarily present in various countries and regions worldwide. The company has a significant presence in the United States, where it is headquartered in Portland, Maine. Additionally, WEX Inc operates in several other countries, including Canada, Australia, New Zealand, Brazil, Chile, the United Kingdom, Germany, France, Italy, Switzerland, the Netherlands, Norway, Singapore, and Belgium, among others. With its extensive global reach, WEX Inc caters to a diverse range of clients and offers its services in multiple countries and regions.

WEX Inc represents values such as innovation, collaboration, and integrity. As a leading provider of payment processing and financial technology solutions, the company prioritizes customer satisfaction and strives to set new industry standards. WEX Inc's corporate philosophy revolves around fostering strong business relationships, empowering employees, and delivering cutting-edge solutions to its clients. By staying at the forefront of technology advancements and embracing a customer-centric approach, WEX Inc continuously seeks growth opportunities and aims to remain a trusted partner for businesses around the globe.

Analysts currently set an average price target of 175.29 USD for the WEX stock (median: 171.36 USD), implying -6.2 % versus the latest price. The consensus is based on 19 analyst ratings.

19 analysts currently rate the WEX stock: 7 recommend buying, 12 holding and 0 selling. For 2026, analysts expect WEX to generate revenue of 2.87 B USD and earnings per share of 20.49 USD.

Converted at the current exchange rate, the WEX share trades at 162.03 EUR (186.96 USD).

The WEX share (WEX) is listed on 4 stock exchanges, including: NYSE (WEX), Frankfurt (WL9.F), München (WL9.MU), Düsseldorf (WL9.DU).

WEX Inc is a leading provider of payment solutions for business customers. The company offers a wide range of products and services tailored to the specific needs of different industries, including transportation, healthcare, government, and insurance. The company's main products are its WEX cards, which are specifically designed for business customers. These cards can be used like traditional credit cards but offer additional features such as the ability to track and manage fuel and other business expenses. The WEX cards can also be used at specific networks and acceptance locations to ensure a higher acceptance rate. WEX also offers a wide range of payment solutions targeting specific industries. For example, the company offers fuel cards for transportation companies to reduce fuel costs and simplify fleet management. In addition, WEX provides payment solutions for the healthcare industry, including virtual payment cards and virtual accounts for transaction processing. Another important division of WEX is electronic payment processing. Here, the company offers a range of services including electronic invoicing and payment processing, as well as payment solutions for online marketplaces. WEX can also provide customized solutions for business customers to ensure seamless integration into existing systems and processes. An important growth strategy for WEX is expanding into new geographic regions and industries. The company has built a strong presence in Europe in recent years and is currently on an expansion course in Latin America and Asia. At the same time, the company is developing new products and services for customers in specific industries such as construction and mining. In terms of finances, WEX is a solid and stable company. The company has been experiencing strong growth for years and has been able to consistently increase its revenues and profits. WEX also has a solid balance sheet and a strong liquidity position, enabling the company to invest in new projects and initiatives to continue growing and expanding. In summary, WEX is a leading provider of payment solutions for business customers tailored to the needs of specific industries. The company offers a wide range of products and services including its WEX cards, payment solutions for specific industries, and electronic payment processing. With strong finances and a clear growth strategy, WEX is well positioned to continue growing and expanding its presence in the global market.

The expected revenue of WEX is 2.87 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of WEX is 717.04 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of WEX is currently 9.13. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the WEX stock.

The price-to-sales ratio (P/S) of WEX is currently 2.28. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the WEX stock.

The Eulerpool Quality Score for WEX is 3/10.

The ISIN of WEX is US96208T1043. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of WEX is A1J7A6. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of WEX is WEX. The ticker symbol is used to trade WEX shares on the stock exchange.

WEX paid dividends every year for the past 0 years.

WEX is assigned to the 'Information technology' sector.

The dividends of WEX are distributed in USD.

All fundamentals and in-depth analysis of WEX

Our stock analysis for WEX 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.