
WEX Inc.
WEX Inc. is a United States-based company in the Technology sector with a market capitalisation of $6.2B. Its FinScore is 75/100; its highest-scoring layer is Quality (84) and its lowest is Growth (57). The shares trade at 17.8x trailing earnings and are up 23% year to date.
Share price performance
About WEX Inc.
www.wexinc.comWEX 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.
- Sector
- Technology
- Industry
- Software - Infrastructure
- HQ
- United States
- Fiscal year-end
- December
- Trading currency
- USD
- Reporting currency
- USD
- Fundamentals updated
- 89 days ago
- Market cap
- $6.2B
- Shares outstanding
- 34.1M
- P/E (TTM)
- 17.8x
- Beta (issuer)
- 0.84
- Revenue (latest FY)
- $2.7B
Revenue breakdown
- Payment Processing Revenue42.9%$1.1B
- Account Servicing Revenue27.3%$726.0M
- Product and Service, Other17.7%$470.7M
- Finance Fee Revenue12.1%$321.3M
FinScore
As of 2026-10-20Snapshot
Ownership
As of 2026-06-30Sign up or log in to see Analysis
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