What is WEX's benefits — goodwill?

WEX (WEX) reported benefits — goodwill of $863.4M in Q4 2025.

How has WEX's benefits — goodwill changed year-over-year?

WEX's benefits — goodwill decreased by 0.0% year-over-year, from $863.4M to $863.4M.

What does benefits — goodwill mean?

The carrying value of goodwill recorded on the balance sheet specifically attributable to the Benefits segment. It represents the premium paid over the fair value of net identifiable assets during acquisitions within the health and benefits payment space.

WEX WEX Benefits — Goodwill

Similar metrics at other companies

METGroup Benefits — Goodwill

$1.16B0.0%

METGroup Benefits — Goodwill, Gross

$1.16B0.0%

HIGEmployee Benefits — Goodwill

$723M0.0%

VOYAHealth Solutions Segment — Goodwill

$343M0.0%

ALLAllstate Health and Benefits and Individual Health — Goodwill

$44M-74.3%

AXBanking Business Segment — Goodwill

$82.38M+131%

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 debt$5.2B-6.2%

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%

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 ratio1×0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: WEX’s 10-K, filed February 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEX's benefits — goodwill?: WEX (WEX) reported benefits — goodwill of $863.4M in Q4 2025.
How has WEX's benefits — goodwill changed year-over-year?: WEX's benefits — goodwill decreased by 0.0% year-over-year, from $863.4M to $863.4M.
What does benefits — goodwill mean?: The carrying value of goodwill recorded on the balance sheet specifically attributable to the Benefits segment. It represents the premium paid over the fair value of net identifiable assets during acquisitions within the health and benefits payment space.