WEX
Price:
$127.53
Market Cap:
$4.42B
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 distrib...[Read more]
Industry
Software - Infrastructure
IPO Date
2005-02-16
Stock Exchange
NYSE
Ticker
WEX
According to WEX Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.05. This represents a change of 0.19% compared to the average of 1.05 of the last 4 quarters.
The mean historical Current Ratio of WEX Inc. over the last ten years is 1.48. The current 1.05 Current Ratio has changed 7.01% with respect to the historical average. Over the past ten years (40 quarters), WEX's Current Ratio was at its highest in in the June 2016 quarter at 3.01. The Current Ratio was at its lowest in in the December 2024 quarter at 1.02.
Average
1.48
Median
1.23
Minimum
1.02
Maximum
2.83
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 = 2.83
Minimum Annual Increase = -48.03%
Minimum Annual Current Ratio = 1.02
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.05 | 2.28% |
| 2024 | 1.02 | -2.50% |
| 2023 | 1.05 | -3.16% |
| 2022 | 1.08 | -10.08% |
| 2021 | 1.20 | -5.75% |
| 2020 | 1.28 | 1.44% |
| 2019 | 1.26 | -14.30% |
| 2018 | 1.47 | -48.03% |
| 2017 | 2.83 | 12.43% |
| 2016 | 2.52 | -28.96% |
The current Current Ratio of WEX Inc. (WEX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.04
5-year avg
1.08
10-year avg
1.48
WEX Inc.’s Current Ratio is less than ACI Worldwide, Inc. (1.53), less than Box, Inc. (1.07), less than Qualys, Inc. (1.43), less than CleanSpark, Inc. (8.26), less than Clearwater Analytics Holdings, Inc. (2.26), less than Shift4 Payments, Inc. (1.22), less than StoneCo Ltd. (1.33), greater than Core Scientific, Inc. (0.55), less than SentinelOne, Inc. (1.44), less than Ingram Micro Holding Corporation (1.31),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.53 | $4.48B | |
| 1.07 | $3.44B | |
| 1.43 | $3.92B | |
| 8.26 | $4.42B | |
| 2.26 | $7.22B | |
| 1.22 | $3.59B | |
| 1.33 | $2.58B | |
| 0.55 | $9.27B | |
| 1.44 | $5.06B | |
| 1.31 | $6.56B |
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