Wex Financial Statements From 2010 to 2024

WEX Stock  USD 229.87  3.65  1.56%   
Wex financial statements provide useful quarterly and yearly information to potential Wex Inc investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Wex financial statements helps investors assess Wex's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Wex's valuation are summarized below:
Gross Profit
1.7 B
Profit Margin
0.1046
Market Capitalization
9.7 B
Enterprise Value Revenue
3.8128
Revenue
2.5 B
We have found one hundred twenty available fundamental gauges for Wex Inc, which can be analyzed and compared to other ratios and to its peers. All investors should make sure to confirm all of Wex Inc prevalent market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Enterprise Value is likely to rise to about 8.1 B in 2024, whereas Market Cap is likely to drop slightly above 4.1 B in 2024.

Wex Total Revenue

1.14 Million

Check Wex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wex main balance sheet or income statement drivers, such as Depreciation And Amortization of 290 M, Interest Expense of 165 M or Selling General Administrative of 761.3 M, as well as many exotic indicators such as Price To Sales Ratio of 4.66, Dividend Yield of 0.0 or PTB Ratio of 4.55. Wex financial statements analysis is a perfect complement when working with Wex Valuation or Volatility modules.
  
This module can also supplement Wex's financial leverage analysis and stock options assessment as well as various Wex Technical models . Check out the analysis of Wex Correlation against competitors.

Wex Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets14.6 B13.9 B6.9 B
Slightly volatile
Total Current Liabilities8.9 B8.5 B2.8 B
Slightly volatile
Total Stockholder Equity1.1 B1.8 B1.3 B
Slightly volatile
Common Stock Shares Outstanding45.2 M43.3 M41.9 M
Slightly volatile
Liabilities And Stockholders Equity14.6 B13.9 B6.9 B
Slightly volatile
Total Liabilities12.7 B12.1 B5.5 B
Slightly volatile
Short and Long Term Debt Total4.1 B3.9 B2.1 B
Slightly volatile
Other Current Liabilities6.4 B6.1 B1.6 B
Slightly volatile
Other Liabilities838.1 M937.4 M791.4 M
Very volatile
Property Plant And Equipment Net319.9 M304.7 M160.1 M
Slightly volatile
Current Deferred Revenue11.8 M12.4 M323.6 M
Pretty Stable
Net Debt1.1 B1.7 B1.3 B
Slightly volatile
Retained Earnings923 M1.8 B1.1 B
Slightly volatile
Accounts Payable1.4 B1.3 B758.8 M
Slightly volatile
Cash2.3 B2.2 B677.2 M
Slightly volatile
Non Current Assets Total5.2 BB3.2 B
Slightly volatile
Non Currrent Assets Other62.9 M66.2 M174.9 M
Pretty Stable
Other Assets1.1 B1.1 B505 M
Slightly volatile
Long Term DebtB2.8 B1.4 B
Slightly volatile
Cash And Short Term Investments5.5 B5.3 B1.3 B
Slightly volatile
Net Receivables1.9 B3.6 B2.1 B
Slightly volatile
Good Will3.2 BB1.8 B
Slightly volatile
Common Stock Total Equity420.7 K442.8 K12.6 M
Slightly volatile
Short Term Investments3.2 BB582.2 M
Slightly volatile
Non Current Liabilities Total2.1 B3.5 B2.5 B
Slightly volatile
Other Current Assets92.7 M90 M83.2 M
Slightly volatile
Property Plant And Equipment Gross826.5 M787.1 M291.9 M
Slightly volatile
Total Current Assets9.4 B8.9 B3.8 B
Slightly volatile
Short Term Debt1.1 B1.1 B635.9 M
Pretty Stable
Intangible Assets1.5 B1.5 B956.6 M
Slightly volatile
Common Stock475 K500 K12.6 M
Slightly volatile
Property Plant Equipment244.2 M232.6 M150.2 M
Slightly volatile
Other Stockholder Equity244.8 M292.2 M285.3 M
Slightly volatile
Retained Earnings Total Equity1.2 B1.5 B1.1 B
Slightly volatile
Long Term Debt TotalB2.9 B1.4 B
Slightly volatile
Capital Surpluse1.1 B1.1 B545.5 M
Slightly volatile
Non Current Liabilities Other327.4 M585.3 M299.6 M
Slightly volatile
Warrants306.8 M292.2 M132.2 M
Slightly volatile
Long Term Investments37.3 M66.8 M36 M
Pretty Stable
Short and Long Term Debt1.1 BB765.1 M
Slightly volatile
Cash And Equivalents693 M1.1 B487.2 M
Slightly volatile
Net Invested Capital5.2 B5.7 B4.5 B
Slightly volatile
Net Working Capital749.1 M416.1 M1.5 B
Slightly volatile
Capital Stock536.1 K500 K484 K
Slightly volatile

Wex Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization290 M276.2 M143.2 M
Slightly volatile
Interest Expense165 M157.2 M97.9 M
Slightly volatile
Selling General Administrative761.3 M725 M249.6 M
Slightly volatile
Selling And Marketing Expenses344.2 M327.8 M175.6 M
Slightly volatile
Total Revenue1.1 M1.2 M995.8 M
Slightly volatile
Gross Profit1.1 M1.2 M599.2 M
Pretty Stable
Other Operating ExpensesB1.9 BB
Slightly volatile
Operating Income14.1 M14.8 M234.2 M
Very volatile
EBIT14.1 M14.8 M236.5 M
Very volatile
EBITDA14.1 M14.8 M342 M
Very volatile
Cost Of RevenueB969.1 M529.1 M
Slightly volatile
Total Operating ExpensesB1.9 B611.7 M
Slightly volatile
Interest Income126.8 M80.7 M90.7 M
Slightly volatile
Reconciled Depreciation233.8 M267.1 M209.9 M
Pretty Stable
Extraordinary Items48.5 M54.5 M59.4 M
Slightly volatile

Wex Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash FlowB1.9 B655.4 M
Slightly volatile
Other Cashflows From Financing Activities1.5 B2.9 BB
Pretty Stable
Depreciation290 M276.2 M164.8 M
Slightly volatile
Capital Expenditures155.5 M148.1 M76.7 M
Slightly volatile
End Period Cash Flow2.3 B2.2 B828.3 M
Slightly volatile
Stock Based Compensation133.3 M127 M46 M
Slightly volatile
Change To Netincome494.6 M471.1 M170.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.663.2684.4623
Slightly volatile
PTB Ratio4.554.57363.8222
Slightly volatile
Days Sales Outstanding854511695
Slightly volatile
Book Value Per Share44.6642.537432.9379
Slightly volatile
Invested Capital2.242.13151.3004
Slightly volatile
Stock Based Compensation To Revenue0.05230.04980.0284
Slightly volatile
PB Ratio4.554.57363.8222
Slightly volatile
EV To Sales4.03.94175.3699
Slightly volatile
ROIC0.110.0820.0744
Slightly volatile
Payables Turnover0.440.79730.6369
Slightly volatile
Sales General And Administrative To Revenue0.290.1680.3095
Slightly volatile
Research And Ddevelopement To Revenue0.02570.02990.0336
Pretty Stable
Cash Per Share12912329.2884
Slightly volatile
Days Payables Outstanding4354581.6 K
Slightly volatile
Intangibles To Total Assets0.260.32230.3834
Pretty Stable
Net Debt To EBITDA1.91.85923.0156
Slightly volatile
Current Ratio0.991.0462.0056
Slightly volatile
Receivables Turnover0.40.71380.5483
Slightly volatile
Graham Number81.0777.21252.4155
Slightly volatile
Shareholders Equity Per Share44.6642.537432.9379
Slightly volatile
Debt To Equity2.242.13151.3004
Slightly volatile
Revenue Per Share62.5159.532731.6852
Slightly volatile
Debt To Assets0.180.27950.269
Slightly volatile
Enterprise Value Over EBITDA10.6610.877716.0333
Very volatile
Short Term Coverage Ratios0.970.8661.8714
Slightly volatile
Operating Cycle936511812
Pretty Stable
Price Book Value Ratio4.554.57363.8222
Slightly volatile
Days Of Payables Outstanding4354581.6 K
Slightly volatile
Operating Profit Margin0.360.2540.27
Slightly volatile
Effective Tax Rate0.390.27710.321
Slightly volatile
Company Equity Multiplier5.747.6254.4462
Slightly volatile
Long Term Debt To Capitalization0.390.60830.5255
Pretty Stable
Total Debt To Capitalization0.40.68070.5127
Slightly volatile
Return On Capital Employed0.140.12070.0976
Slightly volatile
Debt Equity Ratio2.242.13151.3004
Slightly volatile
Ebit Per Revenue0.360.2540.27
Slightly volatile
Quick Ratio2.01.03551.9716
Slightly volatile
Net Income Per E B T0.50.72290.6427
Slightly volatile
Cash Ratio0.180.26180.2835
Pretty Stable
Days Of Sales Outstanding854511695
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.050.83760.6873
Slightly volatile
Price To Book Ratio4.554.57363.8222
Slightly volatile
Fixed Asset Turnover6.258.36238.1372
Pretty Stable
Enterprise Value Multiple10.6610.877716.0333
Very volatile
Debt Ratio0.180.27950.269
Slightly volatile
Price Sales Ratio4.663.2684.4623
Slightly volatile
Asset Turnover0.230.18350.209
Slightly volatile
Gross Profit Margin0.750.58580.6277
Pretty Stable
Price Fair Value4.554.57363.8222
Slightly volatile

Wex Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap4.1 B7.5 BB
Slightly volatile
Enterprise Value8.1 B7.7 B7.9 B
Slightly volatile

Wex Fundamental Market Drivers

Forward Price Earnings14.43
Cash And Short Term Investments5.3 B

Wex Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Wex Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Wex income statement, its balance sheet, and the statement of cash flows. Wex investors use historical funamental indicators, such as Wex's revenue or net income, to determine how well the company is positioned to perform in the future. Although Wex investors may use each financial statement separately, they are all related. The changes in Wex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Wex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue12.4 M11.8 M
Total Revenue1.2 M1.1 M
Cost Of Revenue969.1 MB
Stock Based Compensation To Revenue 0.05  0.05 
Sales General And Administrative To Revenue 0.17  0.29 
Research And Ddevelopement To Revenue 0.03  0.03 
Capex To Revenue(0.06)(0.06)
Revenue Per Share 59.53  62.51 
Ebit Per Revenue 0.25  0.36 

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When determining whether Wex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wex Inc Stock:
Check out the analysis of Wex Correlation against competitors.
Note that the Wex Inc information on this page should be used as a complementary analysis to other Wex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is Wex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wex. If investors know Wex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Earnings Share
6.16
Revenue Per Share
59.533
Quarterly Revenue Growth
0.072
Return On Assets
0.0321
The market value of Wex Inc is measured differently than its book value, which is the value of Wex that is recorded on the company's balance sheet. Investors also form their own opinion of Wex's value that differs from its market value or its book value, called intrinsic value, which is Wex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wex's market value can be influenced by many factors that don't directly affect Wex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.