WEX Inc.
Company snapshot
A consistent view of the latest supported company value and reported operating results.
Fundamental lens
Four transparent questions from retained financial evidence. Each result stands on its own; Grizzly Bulls does not combine them into a score, ranking, or recommendation.
Trailing-twelve-month net income is positive. As of 2026-06-30.
Trailing-twelve-month operating cash flow less capital expenditures is positive. As of 2026-06-30.
Reported current assets exceed reported current liabilities on the latest comparable retained balance sheet. As of 2026-06-30.
Comparable retained change history is not available through this reader.
How this lens works
Profitability uses only the sign of retained trailing-twelve-month net income. Cash generation uses only the sign of retained trailing-twelve-month free cash flow, defined as operating cash flow less capital expenditures.
Liquidity compares current assets with current liabilities only when both are retained for the same reporting date. It does not infer liquidity from differently dated balance sheets.
Recent operating direction uses the latest supported material financial event when comparable history exists. The existing change methodology requires at least a 10% absolute change or a sign/zero transition and compares quarterly results only with the same fiscal quarter year over year.
Market summary
Completed-session reference prices from IEX for Oct 16, 2026.
Price statistics
IEX historical data reflects IEX activity only and is presented as a source-scoped reference point, not as consolidated U.S. market history. Prices are unadjusted. Price returns exclude dividends and are not total returns. Historical statistics appear only when the retained source-session chain is complete and no split-like share-basis discontinuity is detected for that calculation window.
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use.
Price history
Recent completed-session closing-price history for this listing. The chart shows raw, unadjusted single-exchange reference observations rather than a consolidated U.S. market close.
Derived reference metrics are omitted for this listing because the required history-quality checks did not clear for the full retained window.
About this market data
IEX historical data reflects IEX activity only and is presented as a source-scoped reference point, not as consolidated U.S. market history.
Data provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use.
The raw chart can show a discontinuity around a stock split because it is intentionally unadjusted. The screened metrics use only explicitly registered positive split events and do not assert complete split history.
Listing & sources
Ticker: WEX · Exchange: NYSE · Common Stock, $0.01 par value
SEC issuer CIK: 0001309108
Listing source refreshed: 2026-09-13
Financials
SEC-reported financial statement history with filing dates preserved. Annual view retains up to four fiscal years; quarterly view retains up to five fiscal quarters. Missing cells mean a supported fact is unknown and are not treated as zero.
Income statement
| Metric | TTM · 2026-06-30 | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|---|
| Revenue | $1.92B Filed 2026-07-23 | $1.85B Filed 2026-02-13 | $1.87B Filed 2026-02-13 | $1.84B Filed 2026-02-13 | $1.69B Filed 2025-02-20 |
| Cost of revenue | $1.13B Filed 2026-07-23 | $1.1B Filed 2026-02-13 | $1.04B Filed 2026-02-13 | $973.3M Filed 2026-02-13 | $930.5M Filed 2025-02-20 |
| Operating income | $711.3M Filed 2026-07-23 | $663.9M Filed 2026-02-13 | $686.3M Filed 2026-02-13 | $647.1M Filed 2026-02-13 | $469.8M Filed 2025-02-20 |
| Pretax income | $485.4M Filed 2026-07-23 | $420.2M Filed 2026-02-13 | $417.8M Filed 2026-02-13 | $368.8M Filed 2026-02-13 | $260.5M Filed 2025-02-20 |
| Income tax expense | $134.7M Filed 2026-07-23 | $116.1M Filed 2026-02-13 | $108.2M Filed 2026-02-13 | $102.2M Filed 2026-02-13 | $93.1M Filed 2025-02-20 |
| Net income | $350.8M Filed 2026-07-23 | $304.1M Filed 2026-02-13 | $309.6M Filed 2026-02-13 | $266.6M Filed 2026-02-13 | $167.2M Filed 2025-02-20 |
| Diluted EPS | Unavailable | $8.47 Filed 2026-02-13 | $7.50 Filed 2026-02-13 | $6.16 Filed 2026-02-13 | $4.50 Filed 2025-02-20 |
| Diluted shares | Unavailable | 35.9M Filed 2026-02-13 | 41.3M Filed 2026-02-13 | 43.3M Filed 2026-02-13 | 44.7M Filed 2025-02-20 |
Balance sheet
| Metric | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|
| Cash | $905.8M Filed 2026-02-13 | $595.8M Filed 2026-02-13 | $975.8M Filed 2025-02-20 | $922M Filed 2024-02-23 |
| Current assets | $9.71B Filed 2026-02-13 | $8.52B Filed 2026-02-13 | $8.94B Filed 2025-02-20 | $6.82B Filed 2024-02-23 |
| Current liabilities | $9.29B Filed 2026-02-13 | $8.33B Filed 2026-02-13 | $8.52B Filed 2025-02-20 | $6.29B Filed 2024-02-23 |
| Short-term borrowings | $1.33B Filed 2026-02-13 | $1.29B Filed 2026-02-13 | $1.04B Filed 2025-02-20 | $202.6M Filed 2024-02-23 |
| Current long-term debt | $54.7M Filed 2026-02-13 | $52.1M Filed 2026-02-13 | $55.1M Filed 2025-02-20 | $53.1M Filed 2024-02-23 |
| Long-term debt, noncurrent | $3.53B Filed 2026-02-13 | $3.08B Filed 2026-02-13 | $2.83B Filed 2025-02-20 | $2.52B Filed 2024-02-23 |
| Total assets | $14.4B Filed 2026-02-13 | $13.32B Filed 2026-02-13 | $13.88B Filed 2025-02-20 | $11.53B Filed 2024-02-23 |
| Total liabilities | $13.17B Filed 2026-02-13 | $11.83B Filed 2026-02-13 | $12.06B Filed 2025-02-20 | $9.88B Filed 2024-02-23 |
| Stockholders’ equity | $1.23B Filed 2026-02-13 | $1.49B Filed 2026-02-13 | $1.82B Filed 2026-02-13 | $1.65B Filed 2026-02-13 |
Cash flow
| Metric | TTM · 2026-06-30 | FY 2025 · 2025-12-31 | FY 2025 · 2024-12-31 | FY 2025 · 2023-12-31 | FY 2024 · 2022-12-31 |
|---|---|---|---|---|---|
| Operating cash flow | $262.9M Filed 2026-07-23 | $454.3M Filed 2026-02-13 | $481.4M Filed 2026-02-13 | $907.9M Filed 2026-02-13 | $679.4M Filed 2025-02-20 |
| Depreciation & amortization | $330.2M Filed 2026-07-23 | $331.1M Filed 2026-02-13 | $321.3M Filed 2026-02-13 | $276.2M Filed 2026-02-13 | $263.9M Filed 2025-02-20 |
| Capital expenditures | $154.4M Filed 2026-07-23 | $140.6M Filed 2026-02-13 | $147.3M Filed 2026-02-13 | $143.6M Filed 2026-02-13 | $112.9M Filed 2025-02-20 |
| Stock repurchases | $63.9M Filed 2026-07-23 | $799.8M Filed 2026-02-13 | $652M Filed 2026-02-13 | $303.4M Filed 2026-02-13 | $282.8M Filed 2025-02-20 |
Calculated from the latest TTM financials
Source: SEC filings. Financial facts retain filing dates and are shown only when the retained source and period alignment support them.
Valuation
Reference valuation uses the latest retained completed-session IEX close and the latest supported SEC-reported share count for a simple single ordinary-share structure.
Open this stock in the Valuation Lab →
Shares outstanding: 34.08M · reported as of 2026-07-17 · filed 2026-07-23
The price is a source-scoped IEX reference close, not a consolidated U.S. market close. P/E and enterprise-value multiples are omitted unless compatible common-equity earnings and complete financing scope are established rather than inferred from adjacent statement fields.
Statistics
Reproducible trailing, quarterly, and annual statistics from retained SEC financials. Growth and return measures appear only when the required reporting periods align; missing denominators are omitted rather than estimated.
Trailing, quarterly, and annual profitability, return, and growth measures derived from retained SEC financials.
Latest annual liquidity measures using same-period reported current assets and current liabilities.
Trailing cash generation plus latest annual dividends and share repurchases where reported.
Historical financial statistics are descriptive accounting measures, not rankings or investment recommendations.
Ownership
No reviewed company-level insider ownership record is available for this listing.