WEX Inc. (WEX)

Last Closing Price: 229.87 (2024-04-17)

Company Description

WEX Inc. is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare world wide. WEX operates through three business segments: Fleet Solutions, Travel & Corporate Solutions, and Health and Employee Benefit Solutions. Fleet Solutions unit offers customers with fleet vehicle payment processing services, particularly designed for commercial and government fleets and generates revenues from payment processing, account servicing and financing fees. Following the acquisition of European Fleet business, WEX fleet cards are accepted at all ExxonMobil stations throughout Europe. Travel and Corporate Solutions targets the complex payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment and transaction monitoring needs. Health and Employee Benefit Solutions offers healthcare payment products and software-as-a-service consumer directed platforms.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $2.55B
Net Income (Most Recent Fiscal Year) $266.60M
PE Ratio (Current Year Earnings Estimate) 17.24
PE Ratio (Trailing 12 Months) 18.71
PEG Ratio (Long Term Growth Estimate) 1.51
Price to Sales Ratio (Trailing 12 Months) 3.82
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 5.48
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 12.20
Pre-Tax Margin (Trailing 12 Months) 14.47%
Net Margin (Trailing 12 Months) 10.46%
Return on Equity (Trailing 12 Months) 31.33%
Return on Assets (Trailing 12 Months) 4.05%
Current Ratio (Most Recent Fiscal Quarter) 1.05
Quick Ratio (Most Recent Fiscal Quarter) 1.05
Debt to Common Equity (Most Recent Fiscal Quarter) 1.55
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $42.60
Earnings per Share (Most Recent Fiscal Quarter) $3.14
Earnings per Share (Most Recent Fiscal Year) $12.41
Diluted Earnings per Share (Trailing 12 Months) $6.16
Stock
Exchange NYSE
Sector Technology
Industry Software - Infrastructure
Common Shares Outstanding 41.74M
Free Float 41.28M
Market Capitalization $9.75B
Average Volume (Last 20 Days) 0.21M
Beta (Past 60 Months) 1.59
Percentage Held By Insiders (Latest Annual Proxy Report) 1.10%
Percentage Held By Institutions (Latest 13F Reports) 97.47%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%