US · USD
WEX
Wex Inc
- Day's range
- $169.03 – $172.85
- Day's volume
- $88.7M
- 52-week range
- $126.86 – $203.25
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Create a free accountWEX in numbers
- Market cap
- $5.8B
- P/E
- 16.51
- P/B
- 4.31
- Dividend yield (12m)
- 0.00%
- Net debt/EBITDA
- -0.72
WEX trades at 16.51 times its earnings of the last 12 months.
WEX price history
WEX risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +14.56% | -3.75% | +34.44% |
| Volatility (annualized) | 36.43% | 33.90% | 34.01% |
| Largest drawdown | -11.48% | -45.11% | -45.11% |
| Positive months | 6/12 | 20/36 | 34/60 |
How much did investing in WEX return?
$1,000.00 invested on 11/01/2021 would be worth $1,344.41 today.
- Value today in WEX
- $1,344.41
- Return over the period
- +34.44%
- Return per year
- +6.19%
- In the S&P 500
- $1,708.29
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
WEX fundamentals
Valuation
- P/E16.51
- P/B4.31
- EV/EBITDA5.30
- EV/EBIT7.17
- EV/Revenue2.65
- P/EBIT8.14
- P/S3.01
- P/OCF22.03
- P/FCF53.39
- Earnings yield13.94%
- PEG ratio—
- Earnings per share$10.29
- Book value per share$39.45
Debt
- Net debt-$689.7M
- Net debt/EBITDA-0.72
- Net debt/Equity-0.51
- Debt/Equity4.02
- Current ratio1.04
- Quick ratio—
- Cash ratio0.54
Efficiency
- Gross margin41.33%
- EBITDA margin50.11%
- Operating margin37.00%
- Net margin18.25%
- Asset turnover0.12
Profitability
- ROE26.09%
- ROA2.13%
- ROIC78.47%
- Payout0.00%
Growth
- Revenue CAGR (5 years)9.87%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is WEX's fair price?
Two classic value formulas, with today's numbers. The current price is $169.96.
- Graham's fair price
- $95.59
- 43.76% below the price
√(22.50 × $10.29 × $39.45)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to WEX: it paid no distributions in the last five years.
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
WEX's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 16.81 | 21.98 | 30.46 | 42.22 | 46.52 | -31.68 | 58.07 | 35.90 |
| P/B | 4.14 | 4.57 | 4.46 | 4.28 | 3.42 | 4.72 | 4.71 | 3.38 |
| EV/EBITDA | 4.81 | 6.82 | 8.71 | 10.25 | 12.38 | 65.60 | 17.98 | 13.52 |
| Earnings per share | $8.86 | $7.98 | $6.39 | $3.88 | $3.02 | -$6.43 | $3.61 | $3.90 |
| Book value per share | $35.98 | $38.36 | $43.62 | $38.24 | $41.02 | $43.11 | $44.46 | $41.40 |
| ROE | 24.63% | 20.80% | 14.64% | 10.14% | 7.36% | -14.91% | 8.11% | 9.42% |
| ROIC | 52.86% | 32.69% | 26.79% | 14.31% | 7.24% | -2.09% | 6.83% | 7.53% |
| Gross margin | 40.36% | 44.42% | 47.06% | 44.93% | 47.83% | 40.37% | 45.36% | 45.03% |
| EBITDA margin | 53.92% | 53.96% | 50.22% | 43.42% | 45.67% | 15.08% | 51.59% | 58.23% |
| Net margin | 16.48% | 16.58% | 14.50% | 9.90% | 10.05% | -25.15% | 12.95% | 16.88% |
| Net debt/EBITDA | -0.33 | 0.07 | -0.08 | 0.63 | 2.14 | 12.77 | 3.41 | 3.12 |
WEX's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $1.8B | $1.9B | $1.8B | $1.7B | $1.3B | $1.1B |
| Cost of revenue | -$1.1B | -$1B | -$973.3M | -$930.5M | -$702.1M | -$673.2M |
| Gross profit | $744.8M | $829.5M | $865.1M | $759.2M | $643.7M | $455.8M |
| EBITDA | $995M | $1B | $923.3M | $733.7M | $614.6M | $170.3M |
| EBIT | $663.9M | $686.3M | $647.1M | $469.8M | $342M | -$91.7M |
| Financial result | — | — | — | — | — | — |
| Income before tax | $420.2M | $417.8M | $368.8M | $260.5M | $203.9M | -$301.1M |
| Income tax | -$116.1M | -$108.2M | -$102.2M | -$93.1M | -$67.8M | $20.6M |
| Net income | $304.1M | $309.6M | $266.6M | $167.2M | $135.3M | -$284M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does WEX pay dividends?
WEX has no distributions on record.
About Wex
- Sector
- Services
Questions about WEX
How much is WEX today?
WEX is at $169.96 (-0.89% on the day), last traded on 10/07/2026.
What are the P/E and P/B of WEX?
WEX trades at a P/E of 16.51 and a P/B of 4.31.
How much did WEX return in 12 months?
WEX returned 14.56% in 12 months, with annualized volatility of 36.43% and a largest drawdown of -11.48%.