/
Company Overview WEX is a global commerce platform that provides seamlessly embedded, personalized payments solutions across three business segments: Mobility, Benefits, and Corporate Payments. That purpose has become increasingly relevant as organizations face rising complexity driven by fragmented systems, manual workflows, increasing costs, and greater compliance demands.
24.95% operating margin is above average. ROIC at 8.98%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue growth slowed to 1.2%, essentially flat. Margins also contracted 1.2pp. This is a business that needs a catalyst.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Profitability & Returns
Revenue (TTM)
$2.70B
▲ +1.2% YoY
Net Income (TTM)
$310M
▼ -1.8% YoY
Op. Margin
24.64%
▼ -1.2pp YoY
ROIC
8.59%
▼ -0.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$460M
▼ -6.1% YoY
Op. Cash Flow (TTM)
$605M
▼ -5.6% YoY
Net Debt
-$117M
Net Cash Position
Cash & Equiv.
$5.41B
5Y CAGR: +12.4%
5Y CAGR: -13.7%
Continue Research