WEX Inc. Quarterly Operating Margin in % from Q4 2017 to Q3 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
WEX Inc. quarterly/annual Operating Margin history and growth rate from Q4 2017 to Q3 2024.
  • WEX Inc. Operating Margin for the quarter ending September 30, 2024 was 25.9 %, a 0.7% increase year-over-year.
  • WEX Inc. annual Operating Margin for 2023 was 25.4 %, a 27.1% increase from 2022.
  • WEX Inc. annual Operating Margin for 2022 was 20 %, a 8.17% increase from 2021.
  • WEX Inc. annual Operating Margin for 2021 was 18.5 %.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q3 2024 25.9 +0.18 +0.7% Jul 1, 2024 Sep 30, 2024
Q2 2024 25.2 +5.36 +27% Apr 1, 2024 Jun 30, 2024
Q1 2024 25.4 +4.87 +23.7% Jan 1, 2024 Mar 31, 2024
Q4 2023 25.4 +5.41 +27.1% Oct 1, 2023 Dec 31, 2023
Q3 2023 25.7 +6.74 +35.5% Jul 1, 2023 Sep 30, 2023
Q2 2023 19.9 -4.12 -17.2% Apr 1, 2023 Jun 30, 2023
Q1 2023 20.5 -0.62 -2.93% Jan 1, 2023 Mar 31, 2023
Q4 2022 20 +1.51 +8.17% Oct 1, 2022 Dec 31, 2022
Q3 2022 19 +16.9 +810% Jul 1, 2022 Sep 30, 2022
Q2 2022 24 +27.8 Apr 1, 2022 Jun 30, 2022
Q1 2022 21.1 +28.7 Jan 1, 2022 Mar 31, 2022
Q4 2021 18.5 +24.4 Oct 1, 2021 Dec 31, 2021
Q3 2021 2.08 -11 -84.1% Jul 1, 2021 Sep 30, 2021
Q2 2021 -3.78 -23.2 -120% Apr 1, 2021 Jun 30, 2021
Q1 2021 -7.54 -29.6 -134% Jan 1, 2021 Mar 31, 2021
Q4 2020 -5.88 -28.3 -126% Oct 1, 2020 Dec 31, 2020
Q3 2020 13.1 -9.5 -42.1% Jul 1, 2020 Sep 30, 2020
Q2 2020 19.4 -3.22 -14.2% Apr 1, 2020 Jun 30, 2020
Q1 2020 22.1 -1.96 -8.15% Jan 1, 2020 Mar 31, 2020
Q4 2019 22.4 -3.12 -12.2% Oct 1, 2019 Dec 31, 2019
Q3 2019 22.6 -2.4 -9.61% Jul 1, 2019 Sep 30, 2019
Q2 2019 22.6 +0.22 +0.98% Apr 1, 2019 Jun 30, 2019
Q1 2019 24.1 +4.16 +20.9% Jan 1, 2019 Mar 31, 2019
Q4 2018 25.5 +6.81 +36.4% Oct 1, 2018 Dec 31, 2018
Q3 2018 25 Jul 1, 2018 Sep 30, 2018
Q2 2018 22.4 Apr 1, 2018 Jun 30, 2018
Q1 2018 19.9 Jan 1, 2018 Mar 31, 2018
Q4 2017 18.7 Oct 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.