WEX Inc.
WEX
Rank in Stocks
#2965
WEX Inc., a financial technology enterprise established in 1983 and... WEX Inc., a financial technology enterprise established in 1983 and headquartered in Portland, Maine, delivers diverse services across the United States and globally. The company, which operated as Wright Express Corporation until its name change in October 2012, structures its operations into three primary divisions. The Fleet Solutions segment specializes in comprehensive payment processing for vehicle fleets. Its offerings include complete customer and account management (spanning activation, retention, credit, and billing support), merchant services, and robust web-based analytics platforms designed to offer fleet managers crucial insights for optimizing expenses and capital. WEX distributes these solutions to commercial and governmental fleets of varying sizes, from local to long-haul, through both direct channels and co-branded or private label alliances. The Travel and Corporate Solutions segment provides sophisticated payment systems, which feature embedded payment functionalities, automated accounts payable, and spend management tools. A key product includes virtual cards, specifically engineered for secure, card-not-present transactions. This segment serves commercial and government entities through a mix of direct and indirect marketing approaches. Finally, the Health and Employee Benefit Solutions segment offers specialized healthcare payment products and consumer-centric software-as-a-service (SaaS) platforms for the healthcare sector. It also encompasses payroll and employee benefit solutions, with a particular focus on Brazil. This segment reaches its clientele via a broad network comprising health plans, third-party administrators, financial institutions, payroll providers, benefits consultants, software companies, and individual consumers.
Share Price
$181.88
Last synced: 2026-10-16
Market Cap
$6.20B
Change (1 day)
0.30%
Change (1 year)
20.84%
Country
US
Trade WEX Inc. (WEX)
Category
Technology
Operating Margin for WEX Inc. (WEX)
Operating Margin as of October 2026 TTM: 25.49%
According to WEX Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is 25.49%. At the end of 2024 the company had an Operating Margin of 26.11%.
Operating Margin history for WEX Inc. from 2001 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 25.49% | 0.31% |
| 2025 | 25.41% | -2.68% |
| 2024 | 26.11% | 2.80% |
| 2023 | 25.40% | 27.06% |
| 2022 | 19.99% | 8.17% |
| 2021 | 18.48% | 68.46% |
| 2020 | 10.97% | -50.98% |
| 2019 | 22.38% | -12.24% |
| 2018 | 25.50% | 33.30% |
| 2017 | 19.13% | -0.16% |
| 2016 | 19.16% | -28.43% |
| 2015 | 26.77% | -28.52% |
| 2014 | 37.45% | -2.90% |
| 2013 | 38.57% | 8.46% |
| 2012 | 35.56% | -15.71% |
| 2011 | 42.19% | 9.30% |
| 2010 | 38.60% | 3.96% |
| 2009 | 37.13% | -9.48% |
| 2008 | 41.02% | -9.35% |
| 2007 | 45.25% | -2.46% |
| 2006 | 46.39% | -7.57% |
| 2005 | 50.19% | -1.45% |
| 2004 | 50.93% | 16.95% |
| 2003 | 43.55% | -56.45% |
| 2002 | 100.00% | 265.36% |
| 2001 | 27.37% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 46.78% | -98.16% |
US
|
|
| 42.80% | -98.32% |
US
|
|
| 32.36% | -98.73% |
US
|
|
| 6.05% | -99.76% |
US
|
|
| -2.21% | -100.09% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.