WEX Inc. (WEX) stock
WEXNYSEServices-Business Services, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 13/3042% below fair value
$179.49−2.80 (-1.54%)
Close on Nov 12, 2026Market cap $5.90BP/E 15.4Yield –
WEX operating margin
Operating margin is operating income as a percentage of revenue.
WEX's operating margin for the twelve months ending Sep 30, 2026 was 26.6%. For fiscal 2025 it was 25.0%, against 26.1% the year before. The highest annual figure on record is 42.2% in fiscal 2011.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 25.0% | −1.2 |
| FY2024 | Dec 31, 2024 | 26.1% | +0.7 |
| FY2023 | Dec 31, 2023 | 25.4% | +5.4 |
| FY2022 | Dec 31, 2022 | 20.0% | +1.5 |
| FY2021 | Dec 31, 2021 | 18.5% | +24.4 |
| FY2020 | Dec 31, 2020 | -5.9% | −28.3 |
| FY2019 | Dec 31, 2019 | 22.4% | −3.1 |
| FY2018 | Dec 31, 2018 | 25.5% | +6.8 |
| FY2017 | Dec 31, 2017 | 18.7% | +3.0 |
| FY2016 | Dec 31, 2016 | 15.7% | −11.1 |
| FY2015 | Dec 31, 2015 | 26.8% | −10.7 |
| FY2014 | Dec 31, 2014 | 37.5% | −1.1 |
| FY2013 | Dec 31, 2013 | 38.6% | +3.0 |
| FY2012 | Dec 31, 2012 | 35.6% | −6.6 |
| FY2011 | Dec 31, 2011 | 42.2% | +3.6 |
| FY2010 | Dec 31, 2010 | 38.6% | +1.1 |
| FY2009 | Dec 31, 2009 | 37.5% | −4.1 |
| FY2008 | Dec 31, 2008 | 41.6% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 30.6% | +4.1 |
| Q2 FY2026 | Jun 30, 2026 | 27.0% | +3.2 |
| Q1 FY2026 | Mar 31, 2026 | 23.5% | −1.2 |
| Q4 FY2025 | Dec 31, 2025 | 24.7% | +0.0 |
| Q3 FY2025 | Sep 30, 2025 | 26.5% | −3.0 |
| Q2 FY2025 | Jun 30, 2025 | 23.8% | −1.2 |
| Q1 FY2025 | Mar 31, 2025 | 24.7% | −0.5 |
| Q4 FY2024 | Dec 31, 2024 | 24.7% | +0.8 |
| Q3 FY2024 | Sep 30, 2024 | 29.5% | +2.7 |
| Q2 FY2024 | Jun 30, 2024 | 25.0% | −0.7 |
| Q1 FY2024 | Mar 31, 2024 | 25.2% | −0.0 |
| Q4 FY2023 | Dec 31, 2023 | 23.9% | −1.2 |
| Q3 FY2023 | Sep 30, 2023 | 26.8% | +23.4 |
| Q2 FY2023 | Jun 30, 2023 | 25.7% | −2.9 |
| Q1 FY2023 | Mar 31, 2023 | 25.2% | +1.6 |
| Q4 FY2022 | Dec 31, 2022 | 25.1% | +3.3 |
| Q3 FY2022 | Sep 30, 2022 | 3.5% | −17.4 |
| Q2 FY2022 | Jun 30, 2022 | 28.6% | +10.7 |
| Q1 FY2022 | Mar 31, 2022 | 23.6% | +11.3 |
| Q4 FY2021 | Dec 31, 2021 | 21.8% | +71.2 |
| Q3 FY2021 | Sep 30, 2021 | 20.9% | +20.4 |
| Q2 FY2021 | Jun 30, 2021 | 17.9% | +9.6 |
| Q1 FY2021 | Mar 31, 2021 | 12.3% | −5.0 |
| Q4 FY2020 | Dec 31, 2020 | -49.4% | −73.0 |
| Q3 FY2020 | Sep 30, 2020 | 0.5% | −25.2 |
| Q2 FY2020 | Jun 30, 2020 | 8.3% | −13.2 |
| Q1 FY2020 | Mar 31, 2020 | 17.3% | −0.7 |
| Q4 FY2019 | Dec 31, 2019 | 23.6% | −1.0 |
| Q3 FY2019 | Sep 30, 2019 | 25.7% | −0.8 |
| Q2 FY2019 | Jun 30, 2019 | 21.4% | −5.6 |
| Q1 FY2019 | Mar 31, 2019 | 18.1% | −5.6 |
| Q4 FY2018 | Dec 31, 2018 | 24.6% | +2.5 |
| Q3 FY2018 | Sep 30, 2018 | 26.5% | +10.7 |
| Q2 FY2018 | Jun 30, 2018 | 27.1% | +9.8 |
| Q1 FY2018 | Mar 31, 2018 | 23.7% | +4.3 |
| Q4 FY2017 | Dec 31, 2017 | 22.2% | +5.7 |
| Q3 FY2017 | Sep 30, 2017 | 15.8% | – |
| Q2 FY2017 | Jun 30, 2017 | 17.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 19.4% | – |
| Q4 FY2016 | Dec 31, 2016 | 16.4% | – |
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