WEX Inc. financial data

Symbol
WEX on NYSE
Industry
Services-Business Services, NEC
Location
1 Hancock Street, Portland, ME
State of incorporation
DE
Fiscal year end
December 31
Former names
Wright Express CORP (to 10/15/2012)
Latest financial report
10-Q - Q3 2024 - Oct 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 105 % -0.77%
Debt-to-equity 701 % +6.29%
Return On Equity 15.3 % +61%
Return On Assets 2.34 % +11.4%
Operating Margin 25.9 % +0.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 39.8M shares -6.91%
Common Stock, Shares, Outstanding 39.8M shares -6.79%
Entity Public Float 7.8B USD +13.2%
Common Stock, Value, Issued 500K USD 0%
Weighted Average Number of Shares Outstanding, Basic 40.3M shares -6.06%
Weighted Average Number of Shares Outstanding, Diluted 40.8M shares -5.99%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.66B USD +6.06%
Revenue from Contract with Customer, Excluding Assessed Tax 1.91B USD +6.14%
Cost of Revenue 1.04B USD +6.89%
Selling and Marketing Expense 346M USD +8.77%
General and Administrative Expense 398M USD -2.21%
Operating Income (Loss) 688M USD +6.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 446M USD +15.8%
Income Tax Expense (Benefit) 115M USD +0.44%
Net Income (Loss) Attributable to Parent 331M USD +22.3%
Earnings Per Share, Basic 7.98 USD/shares +27.1%
Earnings Per Share, Diluted 7.88 USD/shares +26.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 535M USD -44.1%
Assets, Current 9.11B USD -0.25%
Deferred Income Tax Assets, Net 16M USD +37.9%
Property, Plant and Equipment, Net 261M USD +14.2%
Operating Lease, Right-of-Use Asset 61.8M USD -7.62%
Intangible Assets, Net (Excluding Goodwill) 1.31B USD -8.98%
Goodwill 3.02B USD +8.15%
Other Assets, Noncurrent 162M USD -32.7%
Assets 14B USD +0.44%
Contract with Customer, Liability, Current 31.4M USD
Liabilities, Current 8.72B USD -1.56%
Contract with Customer, Liability, Noncurrent 54.7M USD
Deferred Income Tax Liabilities, Net 138M USD -2.06%
Operating Lease, Liability, Noncurrent 66M USD -6.52%
Other Liabilities, Noncurrent 285M USD -35.5%
Liabilities 12.3B USD +0.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax -146M USD +62.2%
Retained Earnings (Accumulated Deficit) 2B USD +19.8%
Stockholders' Equity Attributable to Parent 1.68B USD -1.11%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.82B USD +10.4%
Liabilities and Equity 14B USD +0.44%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -153M USD -666%
Net Cash Provided by (Used in) Financing Activities 354M USD -66.1%
Net Cash Provided by (Used in) Investing Activities -318M USD +70.1%
Common Stock, Shares Authorized 175M shares 0%
Common Stock, Shares, Issued 50.3M shares +0.8%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -148M USD -820%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.31B USD -38%
Deferred Tax Assets, Valuation Allowance 101M USD -23.4%
Deferred Tax Assets, Gross 273M USD -7.47%
Operating Lease, Liability 78M USD -5.34%
Payments to Acquire Property, Plant, and Equipment 34M USD +11.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 570M USD +136%
Lessee, Operating Lease, Liability, to be Paid 94.5M USD -6.93%
Property, Plant and Equipment, Gross 787M USD +7.5%
Operating Lease, Liability, Current 12M USD +1.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.7M USD +0.49%
Lessee, Operating Lease, Liability, to be Paid, Year One 15.2M USD +1.17%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -6.1M USD -143%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 16.5M USD -13.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 10.7M USD +4.98%
Deferred Tax Assets, Operating Loss Carryforwards 42.7M USD +5.96%
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 10.1M USD +34.7%
Lessee, Operating Lease, Liability, to be Paid, Year Four 8.4M USD -5.04%
Additional Paid in Capital 1.07B USD +4.91%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 78.4M USD +17.4%
Share-based Payment Arrangement, Expense 126M USD +11.3%
Interest Expense 131M USD +1.77%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%