WEX
Wex Inc. Industrials Services-Business Services, NEC Russell 3000
$184.61Close
$6.3BMarket cap
$126.86 – $203.2552-week range
Late-januaryNext report · estimated
Highlights
Strengths
- Earnings growing EPS +68% year on year, faster than the quarter before (+11 pts)
Cautions
- Trend not confirmed 6 of 8 conditions · under the 50-day, RS under 70
- Distribution down-day volume 1.5× up-day volume over 50 sessions
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
9%
1wk
down 6.5%
price change
1mo
up 9.4%
price change
12-month return
up 22%
market up 11% ·
its own up 9%
F-score
7 / 9
Strong
Altman Z″
1.14
Moderate risk
P/E
20.8×
price / earnings
PEG
1.60
P/E / EPS growth
P/B
5.1×
price / book
Earnings yield
up 7.4%
EBIT / enterprise value
Cheaper than
61%
of the market · cheap
Revenue growth
down 1%
year on year
EPS growth
up 68%
latest quarter · +11 pts
Sales growth
up 9%
latest quarter · -4 pts
ROE
up 22%
return on equity
Free cash margin
up 17%
$313.7M FCF
D/E
2.86
long-term debt / equity
Net debt / EBITDA
2.6×
Interest cover
—EBIT / interest
Piotroski tests
- took on more long-term debt
- gross margin narrowed
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- short-term liquidity improved
- no new shares issued
- assets working harder
Trade setup
ATR%
3.3%
$6.16 a day · 2×ATR $172.30
RS
66 / 99
vs the universe
Trend
6 / 8
under the 50-day, RS under 70
Relative volume
0.9×
vs 50-day average
Up/down volume
0.66
50 sessions
Implied move
—
no scheduled report
Trend template · 6 of 8
- Price above the 50-day average: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Gross margin narrowing Gross margin fell from 44.4% to 40.4%. The company is keeping less of each dollar of sales than it did a year ago.
- Revenue shrinking Revenue fell 1.2% over the year, from $1.9B to $1.8B.
Last reported
Oct 28, 2026
Results reaction
Oct 28, 2026-2% vs market2 sessions after results
Financials
- Gross 40%
- Net 16%
- Free cash 17%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.3B | $1.7B | $1.8B | $1.9B | $1.8B |
| Gross margin | 40% | 48% | 45% | 47% | 44% | 40% |
| Operating income | -$91.7M | $342.0M | $469.8M | $647.1M | $686.3M | $663.9M |
| Net income | -$283.9M | $135.3M | $167.2M | $266.6M | $309.6M | $304.1M |
| Net margin | -25% | 10% | 10% | 15% | 17% | 16% |
| Earnings per share | -$6.48 | $2.99 | $3.74 | $6.16 | $7.50 | $8.47 |
| Free cash flow | $656.3M | -$128.6M | $566.5M | $764.3M | $334.1M | $313.7M |
| Free cash margin | 58% | -10% | 34% | 42% | 18% | 17% |
| Cash | $852.0M | $588.9M | $922.0M | $975.8M | $595.8M | $905.8M |
| Long-term debt | $2.9B | $2.7B | $2.5B | $2.8B | $3.1B | $3.5B |
| Shareholders' equity | $1.9B | $1.8B | $1.6B | $1.8B | $1.5B | $1.2B |
| Shares outstanding | 44.19m | 44.83m | 43.20m | 41.90m | 39m | 34.30m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 29, 2026 | Quarterly ↗ | Sep 30, 2026 | 29d |
| Jul 23, 2026 | Quarterly ↗ | Jun 30, 2026 | 23d |
| Apr 23, 2026 | Quarterly ↗ | Mar 31, 2026 | 23d |
| Feb 13, 2026 | Annual ↗ | Dec 31, 2025 | 44d |
| Oct 30, 2025 | Quarterly ↗ | Sep 30, 2025 | 30d |
| Jul 24, 2025 | Quarterly ↗ | Jun 30, 2025 | 24d |
| May 1, 2025 | Quarterly ↗ | Mar 31, 2025 | 31d |
| Feb 20, 2025 | Annual ↗ | Dec 31, 2024 | 51d |
| Oct 24, 2024 | Quarterly ↗ | Sep 30, 2024 | 24d |
| Jul 25, 2024 | Quarterly ↗ | Jun 30, 2024 | 25d |
| Apr 25, 2024 | Quarterly ↗ | Mar 31, 2024 | 25d |
| Feb 23, 2024 | Annual ↗ | Dec 31, 2023 | 54d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 28, 2026 | Results ↗ |
| Jul 22, 2026 | Results ↗ |
| May 14, 2026 | Shareholder vote · Other events ↗ |
| May 4, 2026 | Material agreement · Regulation FD · Other events ↗ |
| Apr 22, 2026 | Results ↗ |
| Feb 4, 2026 | Results ↗ |
| Jan 12, 2026 | Director or officer change · Regulation FD ↗ |
| Oct 29, 2025 | Results · Director or officer change ↗ |
| Jul 23, 2025 | Results ↗ |
| May 20, 2025 | Director or officer change · Shareholder vote ↗ |
| Apr 30, 2025 | Results ↗ |
| Mar 6, 2025 | Material agreement · New obligation ↗ |