What are WEX's profit margins?

WEX (WEX) runs a 58.8% gross margin and a 24.6% operating margin, with a 11.5% net margin.

Where do WEX's ratios come from?

Every ratio is computed from WEX's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

WEX WEX Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	58.6%-1.9pp	60.5%-1.3pp	61.8%+1.4pp	60.4%-1.6pp
Operating margin	25%-1.2pp	26.1%+0.7pp	25.4%+5.4pp	20%+1.5pp
Net margin	11.4%-0.3pp	11.8%+1.3pp	10.5%+3.3pp	7.1%-0.2pp
EBITDA margin	37.4%-0.9pp	38.3%+2.1pp	36.2%+5.0pp	31.2%-2.0pp
Free cash flow margin	11.8%-0.9pp	12.7%-17.3pp	30%+5.9pp	24.1%—
Returns
Return on equity	22.3%+3.6pp	18.7%+3.3pp	15.4%+5.8pp	9.6%+2.4pp
Return on assets	2.2%-0.1pp	2.3%+0.2pp	2.1%+0.6pp	1.5%+0.1pp
Return on invested capital	10.7%-2.0pp	12.7%-2.0pp	14.7%+5.5pp	9.2%+3.0pp
Efficiency
Asset turnover	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Liquidity
Current ratio	1×0.0×	1×0.0×	1×0.0×	1.1×-0.1×
Quick ratio	1×0.0×	1×0.0×	1×0.0×	1.1×-0.1×
Cash ratio	0.2×0.0×	0.2×-0.1×	0.3×0.0×	0.3×0.0×
Leverage
Debt-to-equity	4×+1.0×	3×+0.8×	2.2×+0.3×	1.9×+0.1×
Debt-to-assets	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	3.3×+0.3×	3×+1.1×	1.9×+0.2×	1.6×-1.5×
Per Share
Book value per share	$34.39-4.6%	$36.05-14.3%	$42.05+13.9%	$36.90-9.1%
Valuation
Market capitalization	$5.11B-26.8%	$6.97B-15.2%	$8.23B+15.2%	$7.14B+13.3%
Enterprise value	$8.35B-16.3%	$9.98B+0.4%	$9.95B+19.3%	$8.34B+1.6%
Price / earnings	16.8×-5.7×	22.5×-8.3×	30.9×-11.9×	42.7×-3.9×
Price / sales	1.9×-0.7×	2.7×-0.6×	3.2×+0.2×	3×-0.4×
Price / book	4.1×-0.5×	4.7×+0.2×	4.5×+0.2×	4.3×+0.9×
EV / EBITDA	8.4×-1.5×	9.9×-0.9×	10.8×-0.6×	11.4×-2.0×
EV / sales	3.1×-0.7×	3.8×-0.1×	3.9×+0.4×	3.5×-0.9×
Free cash flow yield	6.1%+1.4pp	4.8%-4.5pp	9.3%+1.4pp	7.9%—
Earnings yield	6%+1.5pp	4.4%+1.2pp	3.2%+0.9pp	2.3%+0.2pp

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Questions, answered.

What are WEX's profit margins?: WEX (WEX) runs a 58.8% gross margin and a 24.6% operating margin, with a 11.5% net margin.
Where do WEX's ratios come from?: Every ratio is computed from WEX's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.