Inside the research

WEX Inc.

WEX Research profile · latest available data

Price overview

$178.28

▼ -7.15 (-3.9%)

52w hi$203.25
52w lo$126.86
Vol681.00K
As of25 Sep 2026

The Verdict

Buy

Our score +0.69

Short+0.14
Medium+1.05
Long+1.05

computed 2026-09-27

Key fundamentals

WEX Inc.

Technology · Software - Infrastructure

Market cap$6.08B
Enterprise value$5.33B
Trailing P/E17.79x
Forward P/E8.41x
EV / EBITDA5.79x
P / S (ttm)2.18x
Profit margin12.6%
Return on equity30.2%
Revenue growth+14.2%
Earnings growth+57.1%
Debt / equity398.42

Layer Breakdown

LayerRawContribution
Fundamental+0.37
Sector+0.19
Technical+0.41
Earnings+0.00
Sentiment-0.28

macro × 1.00 · 2026-09-27

Business overview

WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. WEX Inc. was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is headquartered in Portland, Maine.

United States · www.wexinc.com

Risk Metrics

Beta vs SPX1.12
Corr SPX0.42
Annual vol43.1%
Annual ret+2.0%
Sharpe0.05
Max DD-47.6%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-07-22Earnings Release, Exhibitsread
2026-05-14Shareholder Vote, Other Material Eventread
2026-05-04Material Agreement, Reg FD Disclosure…read
2026-04-22Earnings Release, Exhibitsread
2026-02-04Earnings Release, Exhibitsread
2026-01-12Officer / Director Change, Reg FD Disclosureread
2025-10-29Earnings Release, Officer / Director Change…read
2025-07-23Earnings Release, Exhibitsread
2025-05-20Officer / Director Change, Shareholder Vote…read
2025-04-30Earnings Release, Exhibitsread
2025-03-06Material Agreement, Material Obligation…read
2025-02-27Other Material Event, Exhibitsread

Insider Trades

DateInsiderRoleActionSharesValue
2026-08-04Carriedo CarlosCOO, Amer. Payments & MobSell1.07K$199.95K
2026-07-30Deshaies Robert JosephCOO, BenefitsSell1.00K$184.95K
2026-07-27Drew Ann ElenaChief Risk and ComplianceSell3.40K$598.47K
2026-07-27Kimball JenniferChief Accounting OfficerSell1.18K$208.86K
2026-07-06Deshaies Robert JosephCOO, BenefitsSell48$6.89K
2026-07-06Deshaies Robert JosephCOO, BenefitsSell227$33.11K
2026-07-06Deshaies Robert JosephCOO, BenefitsSell135$19.83K
2026-07-06Deshaies Robert JosephCOO, BenefitsSell265$39.20K
2026-07-06Deshaies Robert JosephCOO, BenefitsSell1.32K$196.58K
2026-07-06Deshaies Robert JosephCOO, BenefitsSell8$1.20K

Flow & Concentration

Insider 180d net-$1.49M
Insider buys / sells0 / 10
Insider biasNeutral
13F holders8
Top-5 share99.0%
HHI3,062 (concentrated)

Top Holders

HolderValueShares
Fidelity / FMR LLC$254.16M1.80M
State Street Corp$159.89M1.13M
Citadel Advisors$85.43M605.49K
Capital Research / Capital World$48.30M342.36K
AQR Capital Management$18.38M134.94K
Millennium Management$4.99M35.39K
Bridgewater Associates$706.72K5.01K
T. Rowe Price Group$4.93K34.92K

As of 2026-06-30

SEC Filings

DateFormDoc
2026-08-064view
2026-07-314view
2026-07-294view
2026-07-294view
2026-07-2310-Qview
2026-07-228-Kview
2026-07-084view
2026-07-024view
2026-07-024view
2026-07-024view
2026-07-024view
2026-06-224view
2026-06-224view
2026-06-014view
2026-05-204view

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$1.85B+12.5%
Operating income$663.90M+11.5%
Net income$309.60M+6.3%
Cash from ops$907.90M+27.1%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$185.10$188.71$177.94$178.28681.00K
Sep 24$185.77$186.79$182.47$185.43413.50K
Sep 23$181.41$187.12$180.51$184.54476.50K
Sep 22$189.07$190.17$179.68$181.23636.00K
Sep 21$193.35$194.83$186.97$187.31497.40K

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