WEX Inc.

WEX Inc.verified

WEX

Price:

$186.35

Market Cap:

$7.66B

WEX Inc. provides financial technology services in the United States and internationally. It operates through three segments: Fleet Solutions, Travel and Corporate Solutions, and Health and Employee Benefit Solutions. The Fleet Solutions segment offers fleet vehicle payment processing services. Its services include customer, account activation, and account retention services; authorization and billing inquiries, and account maintenance services; credit and collections services; merchant services; analytics solutions with access to web-based data analytics platform that offers insights to fleet managers; and ancillary services and tools to fleets to manage expenses and capital requirements. T...[Read more]

Industry

Software - Infrastructure

IPO Date

2005-02-16

Stock Exchange

NYSE

Ticker

WEX

The Current Ratio as of September 2024 (TTM) for WEX Inc. (WEX) is 1.03

According to WEX Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.03. This represents a change of -0.83% compared to the average of 1.04 of the last 4 quarters.

WEX Inc. (WEX) Historical Current Ratio (quarterly & annually)

How has WEX Current Ratio performed in the past?

The mean historical Current Ratio of WEX Inc. over the last ten years is 2.01. The current 1.03 Current Ratio has changed 5.05% with respect to the historical average. Over the past ten years (40 quarters), WEX's Current Ratio was at its highest in in the December 2014 quarter at 3.85. The Current Ratio was at its lowest in in the September 2023 quarter at 1.03.

Quarterly (TTM)
Annual

Average

2.01

Median

1.37

Minimum

1.05

Maximum

3.85

WEX Inc. (WEX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of WEX Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 12.43%

Maximum Annual Current Ratio = 3.85

Minimum Annual Increase = -48.03%

Minimum Annual Current Ratio = 1.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.05-3.42%
20221.08-10.08%
20211.20-5.75%
20201.281.44%
20191.26-14.30%
20181.47-48.03%
20172.8312.43%
20162.52-28.96%
20153.54-8.04%
20143.8511.56%

WEX Inc. (WEX) Average Current Ratio

How has WEX Current Ratio performed in the past?

The current Current Ratio of WEX Inc. (WEX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.11

5-year avg

1.17

10-year avg

2.01

WEX Inc. (WEX) Current Ratio vs. Peers

How is WEX’s Current Ratio compared to its peers?

WEX Inc.’s Current Ratio is less than FLEETCOR Technologies, Inc. (1.07), less than CSG Systems International, Inc. (1.59), greater than Squarespace, Inc. (0.76), greater than VeriSign, Inc. (0.64), less than EngageSmart, Inc. (6.71), less than Consensus Cloud Solutions, Inc. (1.04), greater than Global Blue Group Holding AG (0.98), less than EverCommerce Inc. (1.68), less than NetScout Systems, Inc. (1.52), greater than Priority Technology Holdings, Inc. (1.03), less than OneSpan Inc. (1.54), less than Sterling Check Corp. (1.60), less than Qualys, Inc. (1.42), less than EVERTEC, Inc. (1.82),

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Frequently asked questions❓

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