WEX Inc. financial data

Symbol
WEX on NYSE
Industry
Services-Business Services, NEC
Location
1 Hancock Street, Portland, Maine
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Wright Express CORP (to 10/15/2012)
Latest financial report
10-Q - Q2 2024 - Jul 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 104 % -3.16%
Return On Equity 15.3 % +61%
Return On Assets 1.74 % +3.57%
Operating Margin 25.2 % +27%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 41.1M shares -4.35%
Common Stock, Shares, Outstanding 41.5M shares -3.26%
Entity Public Float 7.8B USD +13.2%
Common Stock, Value, Issued 500K USD 0%
Weighted Average Number of Shares Outstanding, Basic 41.7M shares -2.8%
Weighted Average Number of Shares Outstanding, Diluted 42M shares -3.23%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.64B USD +7%
Revenue from Contract with Customer, Excluding Assessed Tax 1.9B USD +7.39%
Cost of Revenue 1.02B USD +3.62%
Selling and Marketing Expense 348M USD +10%
General and Administrative Expense 422M USD +12.1%
Operating Income (Loss) 666M USD +35.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 349M USD +17.4%
Income Tax Expense (Benefit) 103M USD +15.1%
Net Income (Loss) Attributable to Parent 246M USD +18.4%
Earnings Per Share, Basic 5.85 USD/shares +20.6%
Earnings Per Share, Diluted 5.78 USD/shares +20.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 683M USD -24.3%
Assets, Current 9.38B USD +7.8%
Deferred Income Tax Assets, Net 14.6M USD +35.2%
Property, Plant and Equipment, Net 257M USD +15.6%
Operating Lease, Right-of-Use Asset 61.8M USD -7.62%
Intangible Assets, Net (Excluding Goodwill) 1.36B USD -2.28%
Goodwill 3.01B USD +10.2%
Other Assets, Noncurrent 158M USD -34.1%
Assets 14.2B USD +6.73%
Contract with Customer, Liability, Current 26.7M USD
Liabilities, Current 9.07B USD +8.82%
Contract with Customer, Liability, Noncurrent 64.3M USD
Deferred Income Tax Liabilities, Net 133M USD +0.76%
Operating Lease, Liability, Noncurrent 66M USD -6.52%
Other Liabilities, Noncurrent 302M USD -32.5%
Liabilities 12.5B USD +7.63%
Accumulated Other Comprehensive Income (Loss), Net of Tax -281M USD +8.61%
Retained Earnings (Accumulated Deficit) 1.9B USD +14.9%
Stockholders' Equity Attributable to Parent 1.78B USD +0.84%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.82B USD +10.4%
Liabilities and Equity 14.2B USD +6.73%

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 +1%
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 1.78B USD -16.1%
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 273M USD +72.8%
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 1.1B USD +12.1%
Preferred Stock, Shares Outstanding 0 shares
Depreciation, Depletion and Amortization 78.4M USD +17.4%
Share-based Payment Arrangement, Expense 33.4M USD -6.96%
Interest Expense 131M USD +1.77%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%