WEX INC (WEX) Fundamental Analysis & Valuation

NYSE:WEX • US96208T1043

159.655 USD
-0.68 (-0.42%)
Last: Mar 13, 2026, 10:49 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This WEX fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Overall WEX gets a fundamental rating of 4 out of 10. We evaluated WEX against 98 industry peers in the Financial Services industry. While WEX has a great profitability rating, there are quite some concerns on its financial health. WEX is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. WEX Profitability Analysis

1.1 Basic Checks

  • In the past year WEX was profitable.
  • In the past year WEX had a positive cash flow from operations.
  • WEX had positive earnings in each of the past 5 years.
  • In the past 5 years WEX always reported a positive cash flow from operatings.
WEX Yearly Net Income VS EBIT VS OCF VS FCFWEX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M -200M 400M 600M 800M

1.2 Ratios

  • WEX has a Return On Assets of 2.11%. This is comparable to the rest of the industry: WEX outperforms 58.16% of its industry peers.
  • Looking at the Return On Equity, with a value of 24.64%, WEX belongs to the top of the industry, outperforming 88.78% of the companies in the same industry.
  • WEX has a Return On Invested Capital of 7.97%. This is in the better half of the industry: WEX outperforms 75.51% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for WEX is in line with the industry average of 8.33%.
Industry RankSector Rank
ROA 2.11%
ROE 24.64%
ROIC 7.97%
ROA(3y)2.12%
ROA(5y)1.62%
ROE(3y)20.02%
ROE(5y)14.46%
ROIC(3y)8.75%
ROIC(5y)7.59%
WEX Yearly ROA, ROE, ROICWEX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

1.3 Margins

  • The Profit Margin of WEX (11.43%) is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of WEX has grown nicely.
  • Looking at the Operating Margin, with a value of 29.05%, WEX is in the better half of the industry, outperforming 77.55% of the companies in the same industry.
  • WEX's Operating Margin has improved in the last couple of years.
  • WEX has a better Gross Margin (62.73%) than 76.53% of its industry peers.
  • WEX's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 29.05%
PM (TTM) 11.43%
GM 62.73%
OM growth 3Y2.39%
OM growth 5Y18.45%
PM growth 3Y10.07%
PM growth 5YN/A
GM growth 3Y0.78%
GM growth 5Y1.45%
WEX Yearly Profit, Operating, Gross MarginsWEX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. WEX Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WEX is creating some value.
  • WEX has less shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, WEX has less shares outstanding
  • The debt/assets ratio for WEX is higher compared to a year ago.
WEX Yearly Shares OutstandingWEX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10M 20M 30M 40M
WEX Yearly Total Debt VS Total AssetsWEX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B

2.2 Solvency

  • WEX has an Altman-Z score of 0.51. This is a bad value and indicates that WEX is not financially healthy and even has some risk of bankruptcy.
  • WEX has a Altman-Z score (0.51) which is in line with its industry peers.
  • The Debt to FCF ratio of WEX is 20.19, which is on the high side as it means it would take WEX, 20.19 years of fcf income to pay off all of its debts.
  • WEX has a Debt to FCF ratio of 20.19. This is comparable to the rest of the industry: WEX outperforms 40.82% of its industry peers.
  • A Debt/Equity ratio of 3.89 is on the high side and indicates that WEX has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 3.89, WEX is doing worse than 77.55% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 3.89
Debt/FCF 20.19
Altman-Z 0.51
ROIC/WACC0.97
WACC8.26%
WEX Yearly LT Debt VS Equity VS FCFWEX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B 2B 3B

2.3 Liquidity

  • WEX has a Current Ratio of 0.54. This is a bad value and indicates that WEX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • WEX has a Current ratio of 0.54. This is in the lower half of the industry: WEX underperforms 60.20% of its industry peers.
  • A Quick Ratio of 0.54 indicates that WEX may have some problems paying its short term obligations.
  • The Quick ratio of WEX (0.54) is worse than 60.20% of its industry peers.
Industry RankSector Rank
Current Ratio 0.54
Quick Ratio 0.54
WEX Yearly Current Assets VS Current LiabilitesWEX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. WEX Growth Analysis

3.1 Past

  • The Earnings Per Share has been growing slightly by 5.76% over the past year.
  • The Earnings Per Share has been growing by 21.67% on average over the past years. This is a very strong growth
  • WEX shows a small growth in Revenue. In the last year, the Revenue has grown by 1.24%.
  • Measured over the past years, WEX shows a quite strong growth in Revenue. The Revenue has been growing by 11.27% on average per year.
EPS 1Y (TTM)5.76%
EPS 3Y6.07%
EPS 5Y21.67%
EPS Q2Q%15.13%
Revenue 1Y (TTM)1.24%
Revenue growth 3Y4.22%
Revenue growth 5Y11.27%
Sales Q2Q%5.72%

3.2 Future

  • Based on estimates for the next years, WEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.06% on average per year.
  • Based on estimates for the next years, WEX will show a small growth in Revenue. The Revenue will grow by 4.30% on average per year.
EPS Next Y9.41%
EPS Next 2Y10.15%
EPS Next 3Y10.06%
EPS Next 5YN/A
Revenue Next Year3.06%
Revenue Next 2Y4.1%
Revenue Next 3Y4.3%
Revenue Next 5YN/A

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
WEX Yearly Revenue VS EstimatesWEX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1B 2B 3B
WEX Yearly EPS VS EstimatesWEX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5 10 15 20

More info and screens

Find the best growth stocksShow best growing peers

5

4. WEX Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 9.88, which indicates a very decent valuation of WEX.
  • WEX's Price/Earnings ratio is in line with the industry average.
  • WEX is valuated cheaply when we compare the Price/Earnings ratio to 25.71, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 9.03 indicates a reasonable valuation of WEX.
  • WEX's Price/Forward Earnings ratio is in line with the industry average.
  • When comparing the Price/Forward Earnings ratio of WEX to the average of the S&P500 Index (23.82), we can say WEX is valued rather cheaply.
Industry RankSector Rank
PE 9.88
Fwd PE 9.03
WEX Price Earnings VS Forward Price EarningsWEX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, WEX is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
  • WEX's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 22.77
EV/EBITDA 7.41
WEX Per share dataWEX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 -50

4.3 Compensation for Growth

  • WEX's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • WEX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.05
PEG (5Y)0.46
EPS Next 2Y10.15%
EPS Next 3Y10.06%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. WEX Dividend Analysis

5.1 Amount

  • No dividends for WEX!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

WEX Fundamentals: All Metrics, Ratios and Statistics

WEX INC

NYSE:WEX (3/13/2026, 10:49:58 AM)

159.655

-0.68 (-0.42%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-04
Earnings (Next)04-28
Inst Owners112.54%
Inst Owner Change0.87%
Ins Owners0.48%
Ins Owner Change3.57%
Market Cap5.48B
Revenue(TTM)2.66B
Net Income(TTM)304.20M
Analysts70.53
Price Target175.29 (9.79%)
Short Float %5.04%
Short Ratio4.03
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.18%
Min EPS beat(2)2.52%
Max EPS beat(2)3.84%
EPS beat(4)4
Avg EPS beat(4)3.15%
Min EPS beat(4)0.38%
Max EPS beat(4)5.86%
EPS beat(8)6
Avg EPS beat(8)1.83%
EPS beat(12)10
Avg EPS beat(12)2.93%
EPS beat(16)14
Avg EPS beat(16)3.58%
Revenue beat(2)2
Avg Revenue beat(2)0.79%
Min Revenue beat(2)0.77%
Max Revenue beat(2)0.81%
Revenue beat(4)2
Avg Revenue beat(4)0.26%
Min Revenue beat(4)-0.37%
Max Revenue beat(4)0.81%
Revenue beat(8)2
Avg Revenue beat(8)-0.87%
Revenue beat(12)5
Avg Revenue beat(12)-0.58%
Revenue beat(16)9
Avg Revenue beat(16)0.52%
PT rev (1m)-0.9%
PT rev (3m)-2.55%
EPS NQ rev (1m)-2.64%
EPS NQ rev (3m)-2.61%
EPS NY rev (1m)-0.36%
EPS NY rev (3m)-0.93%
Revenue NQ rev (1m)-0.65%
Revenue NQ rev (3m)-0.97%
Revenue NY rev (1m)-0.79%
Revenue NY rev (3m)-1.11%
Valuation
Industry RankSector Rank
PE 9.88
Fwd PE 9.03
P/S 2.06
P/FCF 22.77
P/OCF 12.06
P/B 4.44
P/tB N/A
EV/EBITDA 7.41
EPS(TTM)16.16
EY10.12%
EPS(NY)17.68
Fwd EY11.07%
FCF(TTM)7.01
FCFY4.39%
OCF(TTM)13.24
OCFY8.29%
SpS77.55
BVpS35.98
TBVpS-83.62
PEG (NY)1.05
PEG (5Y)0.46
Graham Number114.38
Profitability
Industry RankSector Rank
ROA 2.11%
ROE 24.64%
ROCE 13.26%
ROIC 7.97%
ROICexc 9.14%
ROICexgc 28.85%
OM 29.05%
PM (TTM) 11.43%
GM 62.73%
FCFM 9.04%
ROA(3y)2.12%
ROA(5y)1.62%
ROE(3y)20.02%
ROE(5y)14.46%
ROIC(3y)8.75%
ROIC(5y)7.59%
ROICexc(3y)10%
ROICexc(5y)8.69%
ROICexgc(3y)50.59%
ROICexgc(5y)45.68%
ROCE(3y)12.74%
ROCE(5y)10.84%
ROICexgc growth 3Y-19.7%
ROICexgc growth 5Y6.83%
ROICexc growth 3Y0.52%
ROICexc growth 5Y26.36%
OM growth 3Y2.39%
OM growth 5Y18.45%
PM growth 3Y10.07%
PM growth 5YN/A
GM growth 3Y0.78%
GM growth 5Y1.45%
F-Score5
Asset Turnover0.18
Health
Industry RankSector Rank
Debt/Equity 3.89
Debt/FCF 20.19
Debt/EBITDA 4.35
Cap/Depr 64.54%
Cap/Sales 8.03%
Interest Coverage 2.32
Cash Conversion 41.15%
Profit Quality 79.09%
Current Ratio 0.54
Quick Ratio 0.54
Altman-Z 0.51
F-Score5
WACC8.26%
ROIC/WACC0.97
Cap/Depr(3y)55.2%
Cap/Depr(5y)48.24%
Cap/Sales(3y)6.55%
Cap/Sales(5y)5.85%
Profit Quality(3y)156.79%
Profit Quality(5y)9545.18%
High Growth Momentum
Growth
EPS 1Y (TTM)5.76%
EPS 3Y6.07%
EPS 5Y21.67%
EPS Q2Q%15.13%
EPS Next Y9.41%
EPS Next 2Y10.15%
EPS Next 3Y10.06%
EPS Next 5YN/A
Revenue 1Y (TTM)1.24%
Revenue growth 3Y4.22%
Revenue growth 5Y11.27%
Sales Q2Q%5.72%
Revenue Next Year3.06%
Revenue Next 2Y4.1%
Revenue Next 3Y4.3%
Revenue Next 5YN/A
EBIT growth 1Y-2.84%
EBIT growth 3Y6.71%
EBIT growth 5Y31.8%
EBIT Next Year16.32%
EBIT Next 3Y10.31%
EBIT Next 5YN/A
FCF growth 1Y-26.87%
FCF growth 3Y-24.69%
FCF growth 5Y-20.89%
OCF growth 1Y-5.63%
OCF growth 3Y-12.56%
OCF growth 5Y-11.92%

WEX INC / WEX FAQ

What is the fundamental rating for WEX stock?

ChartMill assigns a fundamental rating of 4 / 10 to WEX.


What is the valuation status for WEX stock?

ChartMill assigns a valuation rating of 5 / 10 to WEX INC (WEX). This can be considered as Fairly Valued.


How profitable is WEX INC (WEX) stock?

WEX INC (WEX) has a profitability rating of 7 / 10.


What are the PE and PB ratios of WEX INC (WEX) stock?

The Price/Earnings (PE) ratio for WEX INC (WEX) is 9.88 and the Price/Book (PB) ratio is 4.44.


Can you provide the expected EPS growth for WEX stock?

The Earnings per Share (EPS) of WEX INC (WEX) is expected to grow by 9.41% in the next year.