WEX Past Earnings Performance
Past criteria checks 3/6
WEX has been growing earnings at an average annual rate of 34%, while the Diversified Financial industry saw earnings growing at 17.9% annually. Revenues have been growing at an average rate of 12% per year. WEX's return on equity is 13.8%, and it has net margins of 9.3%.
Key information
34.0%
Earnings growth rate
34.4%
EPS growth rate
| Diversified Financial Industry Growth | 19.9% |
| Revenue growth rate | 12.0% |
| Return on equity | 13.8% |
| Net Margin | 9.3% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How WEX makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 2,641 | 246 | 826 | 0 |
| 31 Mar 24 | 2,589 | 264 | 823 | 0 |
| 31 Dec 23 | 2,548 | 267 | 841 | 0 |
| 30 Sep 23 | 2,503 | 270 | 861 | 0 |
| 30 Jun 23 | 2,468 | 208 | 873 | 0 |
| 31 Mar 23 | 2,445 | 147 | 872 | 0 |
| 31 Dec 22 | 2,351 | 201 | 836 | 0 |
| 30 Sep 22 | 2,229 | 101 | 771 | 0 |
| 30 Jun 22 | 2,096 | 193 | 725 | 0 |
| 31 Mar 22 | 1,957 | 125 | 697 | 0 |
| 31 Dec 21 | 1,851 | 0 | 689 | 0 |
| 30 Sep 21 | 1,745 | -222 | 703 | 0 |
| 30 Jun 21 | 1,645 | -336 | 677 | 0 |
| 31 Mar 21 | 1,532 | -230 | 637 | 0 |
| 31 Dec 20 | 1,553 | -244 | 637 | 0 |
| 30 Sep 20 | 1,597 | 45 | 583 | 0 |
| 30 Jun 20 | 1,670 | 125 | 576 | 0 |
| 31 Mar 20 | 1,761 | 67 | 602 | 0 |
| 31 Dec 19 | 1,708 | 99 | 584 | 0 |
| 30 Sep 19 | 1,653 | 66 | 582 | 0 |
| 30 Jun 19 | 1,584 | 108 | 568 | 0 |
| 31 Mar 19 | 1,517 | 132 | 523 | 0 |
| 31 Dec 18 | 1,493 | 168 | 503 | 0 |
| 30 Sep 18 | 1,441 | 227 | 474 | 0 |
| 30 Jun 18 | 1,378 | 204 | 458 | 0 |
| 31 Mar 18 | 1,311 | 183 | 436 | 0 |
| 31 Dec 17 | 1,249 | 160 | 411 | 0 |
| 30 Sep 17 | 1,210 | 86 | 337 | 0 |
| 30 Jun 17 | 1,174 | 71 | 241 | 0 |
| 31 Mar 17 | 1,104 | 67 | 157 | 0 |
| 31 Dec 16 | 1,012 | 23 | 315 | 0 |
| 30 Sep 16 | 940 | 76 | 98 | 0 |
| 30 Jun 16 | 879 | 89 | 93 | 0 |
| 31 Mar 16 | 858 | 103 | 90 | 0 |
| 31 Dec 15 | 855 | 102 | 55 | 0 |
| 30 Sep 15 | 854 | 129 | 84 | 0 |
| 30 Jun 15 | 850 | 171 | 85 | 0 |
| 31 Mar 15 | 838 | 188 | 86 | 0 |
| 31 Dec 14 | 818 | 202 | 91 | 0 |
| 30 Sep 14 | 788 | 189 | 83 | 0 |
| 30 Jun 14 | 757 | 158 | 79 | 0 |
| 31 Mar 14 | 734 | 157 | 77 | 0 |
| 31 Dec 13 | 717 | 149 | 71 | 0 |
| 30 Sep 13 | 704 | 144 | 67 | 0 |
Quality Earnings: W2EX34 has a large one-off loss of $94.9M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: W2EX34's current net profit margins (9.3%) are higher than last year (8.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: W2EX34's earnings have grown significantly by 34% per year over the past 5 years.
Accelerating Growth: W2EX34's earnings growth over the past year (18.3%) is below its 5-year average (34% per year).
Earnings vs Industry: W2EX34 earnings growth over the past year (18.3%) exceeded the Diversified Financial industry 2.9%.
Return on Equity
High ROE: W2EX34's Return on Equity (13.8%) is considered low.