WEX (WEX) stock price, revenue, and financials

WEX market cap is $7 b, and annual revenue was $1.56 b in FY 2020

$7 B

WEX Mkt cap, 18-Jan-2022

$482.8 M

WEX Revenue Q3, 2021
WEX Gross profit (Q3, 2021)302.8 M
WEX Gross profit margin (Q3, 2021), %62.7%
WEX Net income (Q3, 2021)51.9 M
WEX EBIT (Q3, 2021)100.8 M
WEX Cash, 30-Sept-2021533.8 M
WEX EV9.5 B
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WEX Revenue

WEX revenue was $1.56 b in FY, 2020 which is a 9.5% year over year decrease from the previous period.

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WEX Revenue Breakdown

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WEX revenue breakdown by business segment: 13.7% from Other Revenue, 44.8% from Payment Processing Revenue, 12.7% from Finance Fee Revenue and 28.8% from Account Servicing Revenue

WEX revenue breakdown by geographic segment: 10.2% from Other and 89.8% from United States

WEX Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

1.5b1.7b1.6b

Revenue growth, %

15%(10%)

Cost of goods sold

547.9m659.8m673.2m

Gross profit

944.7m1.1b886.7m

Gross profit Margin, %

63%62%57%

Sales and marketing expense

229.2m259.9m266.7m

General and administrative expense

209.3m275.8m292.1m

Operating expense total

558.4m678.1m716.1m

Depreciation and amortization

119.9m142.4m157.3m

EBIT

380.6m385.8m(91.7m)

EBIT margin, %

26%22%(6%)

Interest expense

105.0m134.7m157.1m

Pre tax profit

238.6m216.5m(301.1m)

Income tax expense

68.8m61.2m(20.6m)

Net Income

169.8m155.3m(280.5m)

EPS

3.92.3(5.6)

WEX Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

541.5m810.9m852.0m

Accounts Receivable

2.6b2.7b2.0b

Prepaid Expenses

149.0m87.7m86.6m

Current Assets

3.4b3.8b3.5b

PP&E

187.9m212.5m188.3m

Goodwill

1.8b2.4b2.7b

Total Assets

6.8b8.3b8.2b

Accounts Payable

814.7m969.8m778.2m

Short-term debt

216.5m248.5m152.7m

Current Liabilities

2.3b3.0b2.7b

Long-term debt

2.1b2.7b2.9b

Total Debt

2.4b2.9b3.0b

Total Liabilities

5.0b6.2b6.1b

Common Stock

475.0k477.0k485.0k

Additional Paid-in Capital

593.3m675.1m872.7m

Retained Earnings

1.5b1.5b1.3b

Total Equity

1.8b1.9b1.9b

Debt to Equity Ratio

1.3 x1.5 x1.6 x

Debt to Assets Ratio

0.3 x0.4 x0.4 x

Financial Leverage

3.8 x4.3 x4.3 x

WEX Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

169.8m155.3m(280.5m)

Depreciation and Amortization

199.8m237.1m261.9m

Accounts Receivable

(201.6m)(67.6m)592.9m

Accounts Payable

(3.6m)139.2m(183.7m)

Cash From Operating Activities

400.2m663.2m857.0m

Purchases of PP&E

(87.2m)(102.9m)(80.5m)

Cash From Investing Activities

(254.2m)(990.6m)(329.1m)

Long-term Borrowings

(1.7b)(1.3b)(364.6m)

Cash From Financing Activities

(102.7m)749.8m(179.3m)

Net Change in Cash

32.6m426.4m348.3m

Interest Paid

141.5m176.0m163.3m

Income Taxes Paid

39.2m51.0m(8.4m)

WEX Ratios

USDFY, 2018

EV/EBIT

20.6 x

EV/CFO

19.6 x

Revenue/Employee

403.4k

Debt/Equity

1.3 x

Debt/Assets

0.3 x

Financial Leverage

3.8 x

P/E Ratio

36.3

WEX Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019

Average Number of Vehicles Serviced

8.05 m9.27 m9.8 m9.73 m9.58 m9.52 m9.64 m10.34 m10 m10.57 m10.86 m11 m10.9 m11.5 m11.8 m11.7 m11.8 m13.1 m13.9 m

Customers (Health and Employee Benefit Solutions)

12 m17 m25 m28 m

Transactions

311.29 m81.93 m86.7 m89.58 m342.98 m89.1 m94.16 m102.95 m385.86 m102.77 m108.13 m110 m429.7 m109.8 m115.9 m117.7 m459.3 m115.4 m128 m

Vehicles Served

9.2 m9.4 m10.5 m11.4 m12.4 m

WEX Employee Rating

3.9510 votes
Culture & Values
3.6
Work/Life Balance
3.8
Senior Management
3.2
Salary & Benefits
3.4
Career Opportunities
3.3
Source