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WEX WEX Corporate Payments — Goodwill

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Corpay logo
CPAYCorporate Payments — Goodwill
$3.96B+47.5%
ESN
ESNTCorporate & Other — Goodwill
$48.8M0.0%
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CPAYCorporate Payments — Goodwill, Impairment Loss
$0
StoneX Group Inc. logo
SNEXPayments — Total Goodwill
$18.1M+81.0%
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FISCorporate and Other — Goodwill
$20M0.0%
American Electric Power logo
AEPCorporate And Other — Goodwill
$37.1M0.0%

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 ratio0.0×

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 corporate payments — goodwill?
WEX (WEX) reported corporate payments — goodwill of $790.6M in Q4 2025.
How has WEX's corporate payments — goodwill changed year-over-year?
WEX's corporate payments — goodwill increased by 3.3% year-over-year, from $765.5M to $790.6M.
What does corporate payments — goodwill mean?
Represents the net carrying value of goodwill for the corporate payments segment after accounting for any impairment losses. It serves as a measure of the intangible value and expected future synergies associated with past acquisitions in this segment.