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Companies / Financials / WEX Inc.
WEX

WEX Inc.

FinancialsBusiness Services
Ticker WEXPORTLAND, MEFiscal year ends DecemberBook value per share $38.42Diluted shares 35.0M

WEX Inc. (NYSE: WEX) provides payment, software, and information-management solutions through its Mobility, Benefits, and Corporate Payments segments. Mobility offers fleet payment processing, fleet cards, and tools for fuel, electric-vehicle charging, fleet operations, and freight-related services to businesses and… From the company’s description.

In fiscal 2025, WEX Inc. reported revenue of $2.66B, up 1.2% from fiscal 2024, and net income of $304.10M. Its operating margin was 25.0%, and operations generated $454.30M in cash. Over the twelve months to Jun 30, 2026, revenue was $2.79B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.66BFY2025
+1.2% year over year
Last 12 mo $2.79B
24.95%FY2025
−1.2 percentage points
Last 12 mo 25.47%
$304.10MFY2025
−1.8% year over year
Last 12 mo $350.70M
24.63%FY2025
+3.8 percentage points
Last 12 mo 26.08%
Cash & financing
$454.30MFY2025
−5.6% year over year
Last 12 mo $262.90M
$313.70MFY2025
−6.1% year over year
Last 12 mo $108.50M
8.33FY2025
Was 5.93× a year earlier
Last 12 mo 3.98
35.9MFY2025
−13.1% year over year
Last 12 mo 35.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What WEX Inc. does

In the company’s own words

WEX Inc. (NYSE: WEX) provides payment, software, and information-management solutions through its Mobility, Benefits, and Corporate Payments segments. Mobility offers fleet payment processing, fleet cards, and tools for fuel, electric-vehicle charging, fleet operations, and freight-related services to businesses and government agencies operating commercial vehicles. Benefits combines software and payment services for health accounts, benefit administration, enrollment, billing, and compliance, serving employers, administrators, and benefit participants. Corporate Payments provides virtual cards, accounts-payable automation, and embedded payment services to businesses, financial institutions, and companies in industries including travel. WEX Bank funds a significant portion of Mobility and Corporate Payments operations and provides depository services for many health savings account deposits. The company’s offerings include the EFS, Fleet One, Motorpass, and benefitexpress brands. At December 31, 2025, WEX had approximately 6,600 employees and an average of 21.6 million SaaS accounts on its Benefits platforms. Its website is www.wexinc.com.

Company details
Sector
Financials
Industry (SIC)
Business Services
Headquarters
PORTLAND, ME
Fiscal year end
December
CIK
1309108
SIC
7389

Financial performance, year by year

Fiscal 2013–2025 · USD
$-587.74M$334.03M$1.26B$2.18B$3.10B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns WEX Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

396
funds hold it
0 of 35
superinvestors hold it
$2.25B
held by funds, at market
46.3%
of shares held by funds
1
bond issues held by funds

Largest fund holders · WEX Inc.’s weight in each

Janus Henderson Enterprise Fund
JAENX · Janus Investment Fund
1.57%of fund net assets
Eaton Vance Atlanta Capital SMID-Cap Fund
EAASX · Eaton Vance Growth Trust
1.94%of fund net assets
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.13%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

WEX Inc.’s bonds, as funds hold them

Funds report holding 1 issues of WEX Inc.’s debt, $170.00M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.50%, maturing 2033 to 2033.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do WEX Inc. and its peers compare on margins and cash generation over ten years?”
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