WEX Financial Ratios
NYSE: WEXConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
WEX ratio analysis
WEX earned a net margin of 11.4% in FY 2025, down from 11.8% a year earlier. Gross margin was 58.6% compared with a median of 60.5% over the prior 9 years. Return on equity reached 24.6%, meaning WEX generated 0.25 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 3.94 versus 2.94 the year before, and the current ratio was 1.05. At the end of FY 2025, WEX traded at 17.5 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 17.5 to 195.8, with a median of 36.6. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
WEX financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 17.52 | 23.60 | 31.58 | 36.37 | — | — | 94.68 | 36.77 | 38.07 | 195.79 |
| Price / sales | 1.98 | 2.75 | 3.27 | 3.09 | 3.39 | 5.72 | 5.38 | 4.10 | 4.86 | 4.50 |
| Price / book | 4.27 | 4.85 | 4.57 | 4.41 | 3.41 | 4.68 | 4.81 | 3.43 | 3.74 | 3.04 |
| Gross margin | 58.6% | 60.5% | 61.8% | 60.4% | 62.1% | 56.8% | 61.7% | 63.3% | 58.8% | 54.7% |
| Operating margin | 25.0% | 26.1% | 25.4% | 20.0% | 18.5% | -5.9% | 22.4% | 25.5% | 18.7% | 15.7% |
| Net margin | 11.4% | 11.8% | 10.5% | 7.1% | 7.3% | -18.2% | 9.1% | 11.3% | 12.8% | 6.0% |
| Free cash flow margin | 11.8% | 12.7% | 30.0% | 24.1% | -6.9% | 42.1% | 32.5% | 21.0% | 4.5% | -20.0% |
| Return on equity (ROE) | 24.6% | 20.8% | 14.6% | 10.1% | 7.4% | -14.9% | 8.1% | 9.4% | 9.9% | 4.1% |
| Return on assets (ROA) | 2.1% | 2.3% | 1.9% | 1.5% | 1.3% | -3.5% | 1.9% | 2.5% | 2.4% | 1.0% |
| Debt / equity | 3.94 | 2.94 | 2.12 | 1.65 | 1.55 | 1.59 | 1.52 | 1.32 | 1.50 | — |
| Current ratio | 1.05 | 1.02 | 1.05 | 1.08 | 1.20 | 1.28 | 1.26 | 1.47 | 1.24 | — |
| Revenue growth | 1.2% | 3.1% | 8.4% | 27.0% | 18.6% | -9.5% | 15.5% | 19.5% | 23.3% | 18.5% |
| EPS growth | 12.9% | 21.8% | 36.9% | — | — | -346.0% | -41.5% | 4.0% | 550.9% | -78.2% |