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WEX WEX Total debt

Total debt at other companies

HQY
HealthEquityHQY
$984.68M-11.0%
ACI Worldwide logo
ACI WorldwideACIW
$836.55M-4.4%
U.S. Bancorp logo
U.S. BancorpUSB
Corpay logo
CorpayCPAY
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
Global Payments logo
Global PaymentsGPN

Other financials

Income statement

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Revenue$673.8M+5.8%
Gross profit$393.7M+7.4%
Operating income$158.2M+0.6%
Net income$77.7M+8.7%
EPS (diluted)$2.22+22.7%

Balance sheet

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Cash & equivalents$1.2B-2.9%
Total equity$1.3B+57.3%
Total assets$15.4B+10.5%

Cash flow

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Operating cash flow-$330.8M+31.3%
CapEx$37.5M+15.0%
Free cash flow-$368.3M+28.4%

Valuation

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Market cap$4.42B-13.8%
Enterprise value$8.42B-11.1%
P/E14.2×-2.0×
P/S1.6×-0.3×

Profitability

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Gross margin58.8%-1.3pp
Operating margin24.6%-1.4pp
Net margin11.5%-0.6pp
FCF margin17%+16.8pp

Returns & leverage

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Return on equity29.8%+5.4pp
Debt / equity4.1×-2.8×
Current ratio0.0×

Where this comes from

Calculated from WEX’s reported figures.

Plus components not separately reported this period.

The official record: WEX’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEX's total debt?
WEX (WEX) reported total debt of $5.24B in Q1 2026.
How has WEX's total debt changed year-over-year?
WEX's total debt decreased by 6.2% year-over-year, from $5.59B to $5.24B.
What is the long-term trend for WEX's total debt?
Over 5 years (2020 to 2025), WEX's total debt has grown at a 9.5% compound annual growth rate (CAGR), from $3.13B to $4.92B.
What does total debt mean?
Total debt represents the aggregate sum of all interest-bearing financial obligations, including short-term borrowings, the current portion of long-term debt, and long-term debt instruments. It also encompasses capitalized lease liabilities and other debt-like financing arrangements that require fixed repayment schedules. This metric serves as a comprehensive indicator of a company's total financial leverage and its reliance on external capital providers.