Equities
IndustrialsIndustrial Support Services
  • Price (USD)233.88
  • Today's Change-2.53 / -1.07%
  • Shares traded242.48k
  • 1 Year change+35.39%
  • Beta1.5902
Data delayed at least 15 minutes, as of Mar 27 2024 20:10 BST.
More ▼
Find More Stocks
Find More Stocks
Use our equities screener to discover other potential opportunities.
 
Equities ScreenerGo to the Equities Screener

Profile data is unavailable for this security.

About the company

WEX Inc. provides a global commerce platform, which owns and operates a business-to-business (B2B) ecosystem. The Company operates through three segments: Mobility, Benefits, and Corporate Payments. Its Mobility segment provides payment processing, transaction processing, and information management services specifically designed for the needs of fleets of all sizes from small businesses to federal and state government fleets and over-the-road carriers. Its Benefits segment provides a Software as a service (SaaS) platform for consumer directed healthcare benefits and a full-service benefit enrollment solution, bringing together benefits administration, certain compliance services and consumer-directed and benefits accounts. Its Corporate Payments segment focuses on the complex payment environment of global B2B payments, enabling customers to utilize its payments solutions to integrate into their own workflows and manage their accounts payable automation and spend management functions.

  • Revenue in USD (TTM)2.55bn
  • Net income in USD266.60m
  • Incorporated1999
  • Employees7.20k
  • Location
    WEX Inc97 Darling AvenuePORTLAND 04106United StatesUSA
  • Phone+1 (207) 773-8171
  • Fax+1 (302) 636-5454
  • Websitehttps://www.wexinc.com/
More ▼

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
WEX:NYQ since
announced
Transaction
value
Payzer LLCDeal completed26 Oct 202326 Oct 2023Deal completed29.61%261.00m
Ascensus LLC-Health & BenefitsAnnounced27 Jul 202327 Jul 2023Announced18.82%180.00m
Data delayed at least 15 minutes, as of Mar 27 2024 20:10 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Mr Cooper Group Inc1.79bn500.00m5.04bn6.80k10.621.189.372.817.347.3426.2166.280.133----263,823.503.714.064.485.35----27.8728.31--73.440.66290.00-27.190.0447-45.83-13.46-1.12--
Euronet Worldwide Inc3.69bn279.70m5.09bn10.00k20.424.0712.341.385.445.4471.4827.300.6529--11.50368,800.004.953.698.956.1539.7339.287.585.88--13.350.59910.009.807.7721.094.86-3.08--
Rithm Capital Corp3.66bn532.68m5.47bn6.57k10.280.95149.611.491.101.107.5714.500.108--15.47556,928.901.860.90723.061.9561.1671.9017.249.59----0.7714202.12-42.5810.30-38.40-11.19---12.94
Shift4 Payments Inc2.56bn86.20m5.65bn3.03k48.538.6518.712.201.351.3538.147.580.8633457.8011.35846,468.604.14-0.35585.32-0.430926.8224.154.79-0.45661.63--0.66840.0028.6535.5414.78--30.61--
Firstcash Holdings Inc3.15bn219.30m5.69bn19.00k26.292.8517.331.814.804.8068.9344.260.76925.485.21165,884.005.355.525.806.0347.8250.756.967.852.964.330.445828.0115.5012.09-13.497.6511.018.37
OneMain Holdings Inc5.30bn641.00m6.05bn9.10k9.511.906.741.145.315.3143.9426.600.2264--378.57582,417.602.743.942.743.9780.7580.6812.0917.59----0.861578.404.094.56-26.497.48----
Credit Acceptance Corp.1.90bn286.10m6.79bn2.23k25.043.9421.703.5722.0322.03146.16140.050.2621--292.60852,105.803.947.984.139.14----15.0432.66--2.390.74290.003.798.14-46.60-13.00-30.74--
SoFi Technologies Inc2.05bn-341.17m7.72bn4.40k--1.37--3.64-0.3612-0.36122.255.69---------1.23-----------14.17-27.57--------165.2128.325.45--54.58--
WEX Inc2.55bn266.60m9.76bn7.20k37.925.3817.983.836.176.1758.8843.450.2005--0.7573353,888.902.100.91484.171.5465.1162.5310.464.44--3.070.680.008.4011.2932.359.6411.19--
Affirm Holdings Inc1.76bn-750.32m11.27bn2.17k--4.26--6.39-2.49-2.495.838.620.2089--6.93811,761.40-8.90---9.22-------42.58-----2.280.6971--21.41---39.29------
UWM Holdings Corp2.17bn-13.23m11.51bn6.70k--6.00--5.32-0.178-0.1784.621.200.17--41.08323,205.20-0.547910.09-0.756812.3389.1093.83-3.2244.39--0.9350.7771.903.6829.56-131.72---13.08--
Ally Financial Inc13.96bn912.00m12.10bn11.10k13.301.055.491.332.992.9929.7445.51--------0.52650.9312--------11.2620.44------19.7731.429.05-43.18-5.96-5.7516.47
Data as of Mar 27 2024. Currency figures normalised to WEX Inc's reporting currency: US Dollar USD

Institutional shareholders

55.84%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Dec 20234.14m9.91%
Janus Henderson Investors US LLCas of 31 Dec 20234.07m9.75%
BlackRock Fund Advisorsas of 31 Dec 20233.44m8.24%
Wellington Management Co. LLPas of 31 Dec 20233.12m7.48%
Impactive Capital LPas of 31 Dec 20232.11m5.05%
PAR Capital Management, Inc.as of 31 Dec 20231.85m4.43%
Atlanta Capital Management Co. LLCas of 31 Dec 20231.60m3.84%
SSgA Funds Management, Inc.as of 31 Dec 20231.22m2.92%
JPMorgan Investment Management, Inc.as of 31 Dec 2023887.49k2.13%
Loring, Wolcott & Coolidge Fiduciary Advisors LLPas of 31 Dec 2023868.10k2.08%
More ▼
Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
All markets data located on FT.com is subject to the FT Terms & Conditions
All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.