WEX Inc.
WEX
Rank in Stocks
#2950
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
$182.86
Market Cap
$6.23B
Change (1 day)
0.54%
Change (1 year)
21.49%
Country
US
Trade WEX Inc. (WEX)
Category
Technology
P/E ratio for WEX Inc. (WEX)
P/E ratio as of October 2026 TTM: 17.17
According to WEX Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.17. At the end of 2024 the company had a P/E ratio of 23.10.
P/E ratio history for WEX Inc. from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 17.17 | -1.28% |
| 2025 | 17.39 | -24.73% |
| 2024 | 23.10 | -26.03% |
| 2023 | 31.23 | -13.42% |
| 2022 | 36.08 | -21.77% |
| 2021 | 46.11 | -244.95% |
| 2020 | -31.81 | -154.45% |
| 2019 | 58.42 | 62.67% |
| 2018 | 35.92 | -5.17% |
| 2017 | 37.87 | -49.58% |
| 2016 | 75.11 | 123.31% |
| 2015 | 33.63 | 76.79% |
| 2014 | 19.02 | -26.40% |
| 2013 | 25.85 | -14.42% |
| 2012 | 30.20 | 92.19% |
| 2011 | 15.72 | -22.21% |
| 2010 | 20.20 | 131.21% |
| 2009 | 8.74 | 127.64% |
| 2008 | 3.84 | -86.07% |
| 2007 | 27.55 | 63.35% |
| 2006 | 16.87 | -64.42% |
| 2005 | 47.41 | 253.35% |
| 2004 | 13.42 | -32.37% |
| 2003 | 19.84 | -29.17% |
| 2002 | 28.01 | -23.02% |
| 2001 | 36.38 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 29.65 | 72.71% |
US
|
|
| 159.50 | 829.10% |
US
|
|
| 20.15 | 17.35% |
US
|
|
| 815.30 | 4,649.20% |
US
|
|
| 7.08K | 41,153.68% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.