📊 WEX Key Takeaways
Is WEX Inc. (WEX) a Good Investment?
WEX demonstrates impressive 44% revenue growth and strong 25% operating margins, with excellent ROE of 24.6%, but net income growth has stalled at 0% YoY despite operational expansion, signaling margin compression. High leverage (Debt/Equity 2.86x) combined with tight liquidity (Current Ratio 1.05x) creates financial vulnerability that offsets otherwise solid fundamentals.
Why Buy WEX Inc. Stock? WEX Key Strengths
- Exceptional revenue growth of 44.2% YoY indicates strong market demand and business expansion
- Robust operating margin of 25% and outstanding ROE of 24.6% demonstrate core business profitability and capital efficiency
- Positive free cash flow of $313.7M (11.8% margin) provides cash generation capability to service debt and fund growth
WEX Stock Risks: WEX Inc. Investment Risks
- Net income growth of 0% YoY despite 44% revenue growth reveals significant margin compression and operational headwinds
- Excessive leverage with Debt/Equity ratio of 2.86x and current ratio of 1.05x create refinancing and liquidity stress
- High liabilities relative to equity base ($13.2B vs $1.2B) with low ROA of 2.1% indicates capital structure vulnerability
Key Metrics to Watch
- Operating margin sustainability and net income growth recovery trajectory
- Debt/Equity ratio trend and progress toward de-leveraging targets
- Free cash flow conversion and allocation (debt paydown vs. growth investment)
- Current ratio improvement and working capital management
WEX Inc. (WEX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
WEX Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
WEX Profit Margin, ROE & Profitability Analysis
WEX vs Services Sector: How WEX Inc. Compares
How WEX Inc. compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is WEX Inc. Stock Overvalued? WEX Valuation Analysis 2026
Based on fundamental analysis, WEX Inc. has mixed fundamental signals relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
WEX Inc. Balance Sheet: WEX Debt, Cash & Liquidity
WEX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: WEX Inc.'s revenue has grown significantly by 39% over the 5-year period, indicating strong business expansion. The most recent EPS of $6.16 reflects profitable operations.
WEX Revenue Growth, EPS Growth & YoY Performance
WEX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $479.0M | $65.8M | $2.30 |
| Q2 2025 | $454.4M | $65.8M | $1.83 |
| Q1 2025 | $444.3M | $65.8M | $1.55 |
| Q3 2024 | $469.3M | $18.4M | $0.42 |
| Q2 2024 | $444.5M | $65.8M | $1.83 |
| Q1 2024 | $444.0M | $65.8M | $1.55 |
| Q3 2023 | $439.4M | $18.4M | $0.42 |
| Q2 2023 | $441.3M | $34.1M | $0.76 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
WEX Inc. Dividends, Buybacks & Capital Allocation
WEX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for WEX Inc. (CIK: 0001309108)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775167579.xml | View → |
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775167573.xml | View → |
| Apr 2, 2026 | 4 | xslF345X06/wk-form4_1775167568.xml | View → |
| Mar 23, 2026 | 4 | xslF345X06/wk-form4_1774301521.xml | View → |
| Mar 18, 2026 | 4 | xslF345X06/wk-form4_1773874379.xml | View → |
❓ Frequently Asked Questions about WEX
What is the AI rating for WEX?
WEX Inc. (WEX) has an AI rating of HOLD with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WEX's key strengths?
Claude: Exceptional revenue growth of 44.2% YoY indicates strong market demand and business expansion. Robust operating margin of 25% and outstanding ROE of 24.6% demonstrate core business profitability and capital efficiency.
What are the risks of investing in WEX?
Claude: Net income growth of 0% YoY despite 44% revenue growth reveals significant margin compression and operational headwinds. Excessive leverage with Debt/Equity ratio of 2.86x and current ratio of 1.05x create refinancing and liquidity stress.
What is WEX's revenue and growth?
WEX Inc. reported revenue of $2.7B.
Does WEX pay dividends?
WEX Inc. does not currently pay dividends.
Where can I find WEX SEC filings?
Official SEC filings for WEX Inc. (CIK: 0001309108) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is WEX's EPS?
WEX Inc. has a diluted EPS of $8.47.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is WEX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, WEX Inc. has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is WEX stock overvalued or undervalued?
Valuation metrics for WEX: ROE of 24.6% (sector avg: 16%), net margin of 11.4% (sector avg: 10%). Higher ROE suggests strong returns relative to peers.
Should I buy WEX stock in 2026?
Our dual AI analysis gives WEX Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is WEX's free cash flow?
WEX Inc.'s operating cash flow is $454.3M, with capital expenditures of $140.6M. FCF margin is 11.8%.
How does WEX compare to other Services stocks?
Vs Services sector averages: Net margin 11.4% (avg: 10%), ROE 24.6% (avg: 16%), current ratio 1.05 (avg: 1.5).
Is WEX Inc. carrying too much debt?
WEX has a debt-to-equity ratio of 2.86x, which is above the Services sector average of 0.7x. However, the current ratio of 1.05 suggests adequate short-term liquidity.