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WEX WEX Net debt / EBITDA

Net debt / EBITDA at other companies

U.S. Bancorp logo
U.S. BancorpUSB
1.2×+0.1×
Corpay logo
CorpayCPAY
-0.1×
HQY
HealthEquityHQY
1.4×-0.8×
Expensify, Inc. logo
Expensify, Inc.EXFY
-16.5×
Vontier logo
VontierVNT
2.7×-0.3×
Global Payments logo
Global PaymentsGPN
4.7×-1.5×

Other financials

Income statement

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Revenue$753.5M+14.2%
Gross profit$463.8M+19.9%
Operating income$203.2M+29.6%
Net income$108.5M+59.3%
EPS (diluted)$3.11+57.1%

Balance sheet

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Cash & equivalents$1.8B+15.8%
Total debt$5.4B-1.6%
Total equity$1.3B+37.4%
Total assets$16.5B+12.4%

Cash flow

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Operating cash flow-$77.6M-129%
CapEx$43.5M+25.7%
Free cash flow-$121.1M-153%

Valuation

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Market cap$6.46B+9.6%
Enterprise value$10.04B+2.5%
P/E18.4×-0.8×
P/S2.3×0.0×

Profitability

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Gross margin59.6%0.0pp
Operating margin25.5%-0.2pp
Net margin12.6%+0.8pp
FCF margin3.9%-7.0pp

Returns & leverage

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Return on equity30.2%+8.0pp
Debt / equity-1.6×
Current ratio0.0×

Where this comes from

Calculated from WEX’s reported figures.

Based on the most recent quarter.

The source filing: WEX’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 1:48 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001309108-26-000029

FAQ

What is WEX's net debt / EBITDA?
WEX (WEX) reported net debt / EBITDA of 3.4× in Q2 2026.
How has WEX's net debt / EBITDA changed year-over-year?
WEX's net debt / EBITDA decreased by 12.3% year-over-year, from 3.9× to 3.4×.
What is the long-term trend for WEX's net debt / EBITDA?
Over 5 years (2020 to 2025), WEX's net debt / EBITDA has grown at a -20.9% compound annual growth rate (CAGR), from 10.6× to 3.3×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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