CHARGED ALPHATMFrontier AI stock research

WEX · NYSE

WEX Inc.

Software - Infrastructure · United States

USD 171.75-0.4% daily changeQuote 2026-10-06 · USD
Market cap (USD)
US$5.85B
Trailing P/E
17.12x
Forward P/E
8.10x
Quarterly revenue growth
14.2%
Trailing net margin
12.6%
Indicated dividend yield
—

Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-10-28 (provider estimate, not issuer-confirmed).

Company background

WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. WEX Inc. was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is headquartered in Portland, Maine.

Company website

Q1 2026

Go beyond the headline.

WEX Stock: EPS Beats by 7% — Q1 2026 Earnings Analysis

Published 2026-04-24

Comparable businesses

WEX peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

No suitable peers with fresh, comparable size data are available. We have not substituted unrelated companies.

Market metrics · missing or inapplicable values shown as —
MetricWEXWEX Inc.Snapshot 2026-10-06Financial period: 2026-06-30
Market capMarket value, converted to USDUS$5.85B
Forward P/EProvider forward earnings estimate8.10x
EV / EBITDAEnterprise value / trailing EBITDA5.58x
Revenue growthLatest quarter vs prior-year quarter14.2%
Operating marginLatest reported quarter26.9%
Free cash flow yieldTrailing cash flow / market cap22.7%
Net debt / EBITDANet debt / trailing EBITDA-0.81x
Debt / equityTotal debt / positive book equity3.98x
Trailing P/ETrailing twelve-month earnings17.12x
Price / bookPrice / positive book equity per share4.38x
EV / salesEnterprise value / trailing revenue1.84x
Earnings growthLatest quarter vs prior-year quarter57.1%
Gross marginTrailing twelve months73.2%
Net marginTrailing twelve months12.6%
Return on equityProvider trailing return; positive equity only30.2%
Free cash flow marginTrailing free cash flow / revenue47.7%
Dividend yieldIndicated annual dividend / price—
Earnings payoutProvider trailing dividend payout0.0%
Current ratioCurrent assets / current liabilities1.04x
BetaProvider historical market sensitivity0.84

Choose a comparison stock

Search covered companies, or search all listed stocks.

Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

Reporting period
Financial history
Chart style
Comparison stocks

Financial statements load separately from the research page.

Market context

Valuation & price history

Adjusted closing price

Price history

Price history loads separately.

Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-10-06. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for WEX

All available reporting periods
Q1 20262026-04-24
Deep Dive2026-04-23

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.