Remitly Global (RELY) vs WEX (WEX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Remitly Global (RELY) has outperformed WEX (WEX) over the past year, gaining 44.9% versus a gain of 8.0%. Over five years, WEX leads with a -11.9% price change compared with -43.0% for RELY. WEX is the larger company by market cap ($5.79 billion vs $4.85 billion), about 1.2 times the size, while Remitly Global is growing revenue faster (+29.4% vs +1.2%).
On valuation, WEX trades at a lower forward P/E (8.0x vs 14.2x for Remitly Global). WEX converts more of its revenue into profit, with a net margin of 11.4% versus 4.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | RELY | WEX |
|---|---|---|
| Share price | $22.93 | $169.96 |
| Market cap | $4.85B | $5.79B |
| 1-day change | -1.16% | -0.89% |
| YTD return | +66.16% | +14.08% |
| 1-year return | +44.85% | +7.99% |
| 5-year return | -42.96% | -11.90% |
| P/E ratio (TTM) | 16.62 | 16.95 |
| Forward P/E | 14.20 | 8.02 |
| EPS (TTM) | $1.38 | $10.03 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.64B | $2.66B |
| Revenue growth (YoY) | +29.37% | +1.24% |
| Net income (latest FY) | $67.93M | $304.10M |
| Gross margin | — | 58.64% |
| Operating margin | 4.74% | 24.95% |
| Net margin | 4.15% | 11.43% |
| 52-week high | $27.48 | $203.99 |
| 52-week low | $12.08 | $125.29 |
| Distance from 52-week high | -16.55% | -16.68% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +40.03% | +14.94% |
| Average volume | 3.51M | 644.57K |
| Shares outstanding | 211.68M | 34.08M |
| Employees | 3,200 | 6,600 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Business Services | Business Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- RELY has outperformed WEX by 36.9 percentage points over the past year.
- WEX is more profitable, keeping 11.4 cents of every revenue dollar as net income versus 4.2 cents for Remitly Global.
- Remitly Global grew revenue faster in its latest fiscal year (+29.37% vs +1.24%).
About Remitly Global
RELY stock →Remitly Global, Inc., a cross-border payment company engages in the provision of digital financial services in the United States, Canada, and internationally. It offers cross-border remittances and complementary financial services through mobile application and website.
Consumer Discretionary · Business Services · 3,200 employees
About WEX
WEX stock →WEX Inc. operates a commerce platform in the United States and internationally.
Consumer Discretionary · Business Services · 6,600 employees
RELY vs WEX FAQ
Which is bigger, Remitly Global or WEX?
WEX (WEX) is larger, with a market capitalization of $5.79B compared with $4.85B for Remitly Global (RELY).
Which stock has performed better over the past year, RELY or WEX?
RELY returned +44.85% over the past 12 months, compared with +7.99% for WEX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, RELY or WEX?
RELY has the lower trailing P/E at 16.6, versus 16.9 for WEX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Remitly Global and WEX in the same industry?
Yes. Both are classified in the Business Services industry within the Consumer Discretionary sector.