WEX Past Earnings Performance
Past criteria checks 5/6
WEX has been growing earnings at an average annual rate of 27.6%, while the Diversified Financial industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 11.8% per year. WEX's return on equity is 14.9%, and it has net margins of 10.2%.
Key information
27.6%
Earnings growth rate
27.8%
EPS growth rate
Diversified Financial Industry Growth | 6.1% |
Revenue growth rate | 11.8% |
Return on equity | 14.9% |
Net Margin | 10.2% |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
What You Can Learn From WEX Inc.'s (NYSE:WEX) P/E
Apr 19Here's Why We Think WEX (NYSE:WEX) Is Well Worth Watching
Mar 24WEX: Growing, And Growing More Appealing
Jan 29Investors Interested In WEX Inc.'s (NYSE:WEX) Earnings
Dec 25WEX: Continues To Succeed In Key Markets
Nov 07WEX: Good Entry Point For A Quality, Compounding Fleet Manager
Oct 23Here's Why We Think WEX (NYSE:WEX) Is Well Worth Watching
Aug 14WEX Inc: Q2 2023 Earnings Was Good, But More Is Needed
Aug 04We Ran A Stock Scan For Earnings Growth And WEX (NYSE:WEX) Passed With Ease
May 14Is Now The Time To Put WEX (NYSE:WEX) On Your Watchlist?
Feb 12WEX: Still Resistant To Monetary Tightening
Feb 07At US$180, Is It Time To Put WEX Inc. (NYSE:WEX) On Your Watch List?
Jan 24WEX (NYSE:WEX) Has A Pretty Healthy Balance Sheet
Dec 30Is There An Opportunity With WEX Inc.'s (NYSE:WEX) 22% Undervaluation?
Dec 09WEX Inc.: Still An Attractive Secular Growth Story
Nov 10WEX Q3 2022 Earnings Preview
Oct 26Wex gains after investor pitches at 13D Monitor Active-Passive conference
Oct 18Is WEX Inc. (NYSE:WEX) Potentially Undervalued?
Sep 15WEX board authorizes up to $150M share repurchase program
Aug 23Here's Why WEX (NYSE:WEX) Can Manage Its Debt Responsibly
Aug 19WEX Q2 2022 Earnings Preview
Jul 27At US$169, Is WEX Inc. (NYSE:WEX) Worth Looking At Closely?
May 30Are Investors Undervaluing WEX Inc. (NYSE:WEX) By 48%?
May 02WEX: Fintech Compounder At A Reasonable Price
Apr 08Is WEX (NYSE:WEX) Using Too Much Debt?
Mar 07Revenue & Expenses BreakdownBeta
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 |
---|---|---|---|---|
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 | 242 | 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 |
30 Jun 13 | 674 | 114 | 67 | 0 |
Quality Earnings: WEX has high quality earnings.
Growing Profit Margin: WEX's current net profit margins (10.2%) are higher than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WEX's earnings have grown significantly by 27.6% per year over the past 5 years.
Accelerating Growth: WEX's earnings growth over the past year (80.3%) exceeds its 5-year average (27.6% per year).
Earnings vs Industry: WEX earnings growth over the past year (80.3%) exceeded the Diversified Financial industry 9.9%.
Return on Equity
High ROE: WEX's Return on Equity (14.9%) is considered low.