WEX Inc.

NYSE:WEX Stock Report

Market Cap: US$5.9b

WEX Management

Management criteria checks 3/4

WEX's CEO is Melissa Smith, appointed in Apr 2013, has a tenure of 12.42 years. total yearly compensation is $12.59M, comprised of 7.6% salary and 92.4% bonuses, including company stock and options. directly owns 0.46% of the company’s shares, worth $27.09M. The average tenure of the management team and the board of directors is 4.8 years and 6.3 years respectively.

Key information

Melissa Smith

Chief executive officer

US$12.6m

Total compensation

CEO salary percentage7.59%
CEO tenure12.4yrs
CEO ownership0.5%
Management average tenure4.8yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

WEX Inc.: Valuation Doesn't Reflect The High-Quality Nature Of The Business.

Aug 26

WEX Inc. (NYSE:WEX) Screens Well But There Might Be A Catch

Mar 31
WEX Inc. (NYSE:WEX) Screens Well But There Might Be A Catch

WEX Inc.: Cheap Despite Tempering Growth Expectations

Mar 31

If EPS Growth Is Important To You, WEX (NYSE:WEX) Presents An Opportunity

Jan 26
If EPS Growth Is Important To You, WEX (NYSE:WEX) Presents An Opportunity

Wex: Undervalued Despite Modest Growth Expectations

Jan 15

WEX: AI, Data Management, And M&A Could Imply Undervaluation

Oct 29

Shareholders Should Be Pleased With WEX Inc.'s (NYSE:WEX) Price

Sep 25
Shareholders Should Be Pleased With WEX Inc.'s (NYSE:WEX) Price
User avatar

Innovative EV Solutions And AI Drive Optimistic Growth Despite Market Challenges

Expansion into new markets and the development of apps like 10-4 BY WEX and PACER aim to meet unmet needs and enter new customer segments.

WEX: Growing, And Growing More Appealing

Jan 29

WEX: Continues To Succeed In Key Markets

Nov 07

WEX: Good Entry Point For A Quality, Compounding Fleet Manager

Oct 23

WEX Inc: Q2 2023 Earnings Was Good, But More Is Needed

Aug 04

WEX: Still Resistant To Monetary Tightening

Feb 07

WEX Inc.: Still An Attractive Secular Growth Story

Nov 10

CEO Compensation Analysis

How has Melissa Smith's remuneration changed compared to WEX's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

US$307m

Mar 31 2025n/an/a

US$315m

Dec 31 2024US$13mUS$956k

US$310m

Sep 30 2024n/an/a

US$331m

Jun 30 2024n/an/a

US$246m

Mar 31 2024n/an/a

US$264m

Dec 31 2023US$12mUS$875k

US$267m

Sep 30 2023n/an/a

US$270m

Jun 30 2023n/an/a

US$208m

Mar 31 2023n/an/a

US$181m

Dec 31 2022US$10mUS$855k

US$201m

Sep 30 2022n/an/a

US$101m

Jun 30 2022n/an/a

US$193m

Mar 31 2022n/an/a

US$91m

Dec 31 2021US$10mUS$792k

US$100k

Sep 30 2021n/an/a

-US$222m

Jun 30 2021n/an/a

-US$336m

Mar 31 2021n/an/a

-US$230m

Dec 31 2020US$20mUS$726k

-US$244m

Sep 30 2020n/an/a

US$45m

Jun 30 2020n/an/a

US$125m

Mar 31 2020n/an/a

US$67m

Dec 31 2019US$6mUS$763k

US$99m

Sep 30 2019n/an/a

US$66m

Jun 30 2019n/an/a

US$108m

Mar 31 2019n/an/a

US$132m

Dec 31 2018US$6mUS$730k

US$168m

Compensation vs Market: Melissa's total compensation ($USD12.59M) is above average for companies of similar size in the US market ($USD8.61M).

Compensation vs Earnings: Melissa's compensation has been consistent with company performance over the past year.

CEO

Melissa Smith (56 yo)

12.4yrs
Tenure
US$12,594,328
Compensation

Ms. Melissa D. Smith has been Chairman of the Board from September 12, 2019 at WEX Inc. She began with WEX in 1997 as a senior financial analyst for the financial technology service provider. She has been...

Leadership Team

NamePositionTenureCompensationOwnership
Melissa Smith
Chairman of the Board12.4yrsUS$12.59m0.46%
$ 27.1m
Jagtar Narula
Chief Financial Officer3.3yrsUS$4.08m0.047%
$ 2.7m
Sachin Dhawan
Chief Technology Officer1.8yrsUS$3.64m0.011%
$ 662.8k
Robert Deshaies
Chief Operating Officer of Benefits6yrsUS$3.57m0.050%
$ 2.9m
Karen Stroup
Chief Digital Officer3.7yrsUS$3.56m0.039%
$ 2.3m
Jennifer Kimball
Chief Accounting Officer5.1yrsUS$1.63m0.0093%
$ 543.8k
Steven Elder
Senior Vice President of Global Investor Relationsno dataUS$650.34kno data
Ann Drew
Chief Risk & Compliance Officer4.8yrsno data0.021%
$ 1.2m
Sara Trickett
Chief Legal Officer1.3yrsno data0.0054%
$ 315.6k
Joel Dearborn
Chief Operating Officer of International7.8yrsUS$3.35m0.080%
$ 4.7m
Marcelo Velloso
Managing Director of Latin America6.1yrsno datano data
Carlos Carriedo
Chief Operating Officer of Americas Payments & Mobility3.7yrsno data0.015%
$ 902.1k
4.8yrs
Average Tenure
50yo
Average Age

Experienced Management: WEX's management team is considered experienced (4.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Melissa Smith
Chairman of the Board11.7yrsUS$12.59m0.46%
$ 27.1m
James Neary
Independent Director9.2yrsUS$292.18k0.024%
$ 1.4m
Jack VanWoerkom
Vice Chair & Lead Independent Director20.7yrsUS$327.54k0.030%
$ 1.8m
Shikhar Ghosh
Independent Director20.7yrsUS$285.04k0.022%
$ 1.3m
James Groch
Independent Director5.3yrsUS$297.89k0.023%
$ 1.3m
Nancy Altobello
Independent Director4.3yrsUS$305.04k0.013%
$ 750.8k
Daniel Callahan
Independent Director6.3yrsUS$305.04k0.0092%
$ 537.3k
Susan Sobbott
Independent Director6.8yrsUS$285.04k0.018%
$ 1.1m
Stephen Smith
Independent Director6yrsUS$310.04k0.020%
$ 1.2m
Derrick Roman
Independent Director4.3yrsUS$315.04k0.014%
$ 832.9k
Aimee Cardwell
Independent Director1.8yrsUS$385.05k0.0042%
$ 246.4k
6.3yrs
Average Tenure
61yo
Average Age

Experienced Board: WEX's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/08 17:33
End of Day Share Price 2025/09/05 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

WEX Inc. is covered by 33 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David KoningBaird
Ramsey El-AssalBarclays
Mihir BhatiaBofA Global Research