WEX Inc. (WEX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 10.71B | 9.71B | 9.72B | 9.9B | 9.17B | 8.52B | 9.11B | 9.38B | 9.53B | 8.91B | 9.13B | 8.7B | 8.05B | 6.82B | 7.2B | 7.43B | 6.34B | 5.3B | 4.44B | 4.09B |
| Cash & Short-Term Investments | 5.41B | 5.24B | 4.94B | 4.91B | 4.44B | 4.36B | 4.26B | 4.01B | 4.08B | 5.25B | 3.58B | 3.54B | 3.4B | 3.26B | 2.14B | 1.88B | 1.56B | 2.21B | 533.83M | 425.32M |
| Cash Only | 633.5M | 905.8M | 812.9M | 772.6M | 610.3M | 595.8M | 535.4M | 682.6M | 779.6M | 2.23B | 957.8M | 901.4M | 921.7M | 1.86B | 759.38M | 438.75M | 577.54M | 1.26B | 533.83M | 425.32M |
| Short-Term Investments | 4.78B | 4.33B | 4.13B | 4.14B | 3.83B | 3.76B | 3.72B | 3.32B | 3.3B | 3.02B | 2.63B | 2.64B | 2.48B | 1.4B | 1.38B | 1.44B | 977.76M | 948.68M | 0 | 0 |
| Accounts Receivable | 4.35B | 3.36B | 3.82B | 3.92B | 3.77B | 3.01B | 3.77B | 3.97B | 3.86B | 3.57B | 4.05B | 3.62B | 3.4B | 3.44B | 3.97B | 4.62B | 3.86B | 3.03B | 3.05B | 2.86B |
| Days Sales Outstanding | 515.02 | 490.74 | 514.73 | 530.7 | 479.05 | 489.92 | 534.78 | 528.54 | 517.71 | 528.65 | 542.04 | 514.28 | 503.08 | 551.4 | 641.34 | 644.97 | 599.01 | 562.03 | 563.61 | 531.56 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 956.6M | 1.11B | 957.3M | 1.06B | 963.8M | 1.15B | 1.08B | 1.41B | 1.59B | 90M | 1.5B | 1.54B | 1.25B | 117.89M | 942.13M | 815.5M | 831.99M | 68.59M | 755.08M | 708.76M |
| Total Non-Current Assets | 4.71B | 4.69B | 4.72B | 4.78B | 4.79B | 4.81B | 4.85B | 4.86B | 4.89B | 4.97B | 4.77B | 4.64B | 4.68B | 4.71B | 4.71B | 4.9B | 5B | 5.01B | 5.08B | 5.13B |
| Property, Plant & Equipment | 255.2M | 253.7M | 258.5M | 257.6M | 258.8M | 261.2M | 261.3M | 256.9M | 249.5M | 304.7M | 228.9M | 222.2M | 209.8M | 269.12M | 186.82M | 180.95M | 177.77M | 259.01M | 178.8M | 180.05M |
| Fixed Asset Turnover | 2.65x | 2.63x | 2.68x | 2.55x | 2.45x | 2.44x | 2.57x | 2.66x | 2.36x | 2.49x | 2.89x | 2.88x | 2.56x | 2.71x | 3.35x | 3.34x | 2.37x | 2.27x | 2.69x | 2.53x |
| Goodwill | 4.12B | 3.02B | 3.01B | 3.01B | 2.99B | 2.98B | 3.02B | 3.01B | 3B | 3.02B | 2.8B | 2.73B | 2.73B | 2.73B | 2.7B | 2.87B | 2.92B | 2.91B | 2.91B | 2.93B |
| Intangible Assets | 1.1B | 1.09B | 1.14B | 1.18B | 1.23B | 1.26B | 1.31B | 1.36B | 1.41B | 1.46B | 1.44B | 1.39B | 1.44B | 1.47B | 1.51B | 1.56B | 1.6B | 1.64B | 1.69B | 1.74B |
| Long-Term Investments | 92.8M | 94.2M | 81M | 80.9M | 81.6M | 80.5M | 73.7M | 65.7M | 66.1M | 111.6M | 46.8M | 48M | 48.8M | 131.21M | 36.01M | 37.25M | 38.21M | 80.37M | 36.85M | 36.93M |
| Other Non-Current Assets | 224M | 218.3M | 214.7M | 221.2M | 216.2M | 202.8M | 162.2M | 158.4M | 146.8M | 66.2M | 241M | 240.4M | 239.5M | 95.89M | 250.24M | 243.3M | 257.11M | 110.94M | 229.86M | 218.39M |
| Total Assets | 15.43B | 14.4B | 14.43B | 14.67B | 13.96B | 13.32B | 13.96B | 14.25B | 14.42B | 13.88B | 13.9B | 13.35B | 12.73B | 11.53B | 11.91B | 12.32B | 11.33B | 10.31B | 9.51B | 9.23B |
| Asset Turnover | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x |
| Asset Growth % | 10.46% | 8.09% | 3.38% | 2.99% | -3.17% | -4.04% | 0.44% | 6.73% | 13.31% | 20.41% | 16.72% | 8.32% | 12.3% | 11.86% | 25.17% | 33.54% | 36.27% | 25.95% | 14.44% | 16.71% |
| Total Current Liabilities | 10.22B | 9.29B | 9.25B | 9.5B | 8.76B | 8.33B | 8.72B | 9.07B | 8.99B | 8.52B | 8.86B | 8.33B | 7.5B | 6.29B | 6.41B | 6.4B | 5.25B | 4.4B | 3.6B | 3.52B |
| Accounts Payable | 1.71B | 1.07B | 1.46B | 1.43B | 1.36B | 952.7M | 1.37B | 1.73B | 1.82B | 1.32B | 1.74B | 1.51B | 1.43B | 1.23B | 1.56B | 1.96B | 1.71B | 880.08M | 1.29B | 1.25B |
| Days Payables Outstanding | 425.43 | 379.7 | 484.57 | 465.44 | 385.7 | 414.13 | 571.93 | 613.93 | 535.99 | 551.19 | 635.78 | 569.16 | 483.65 | 508.91 | 642.21 | 744.94 | 577.26 | 517.81 | 648.75 | 628.49 |
| Short-Term Debt | 1.63B | 1.33B | 1.31B | 1.53B | 1.49B | 1.29B | 1.44B | 1.25B | 1.11B | 1.05B | 957.3M | 723M | 290.4M | 214.44M | 156.48M | 175.83M | 157.62M | 171.27M | 183.24M | 146.47M |
| Deferred Revenue (Current) | 0 | 0 | 240.2M | 198.2M | 0 | 173.2M | 263.9M | 259.7M | 181.4M | 12.4M | 227.6M | 145.4M | 144.7M | 8.09M | 142.7M | 136.87M | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 6.87B | 6.89B | 4.91B | 4.9B | 5.25B | 4.28B | 4.2B | 4.03B | 3.89B | 6.13B | 4.03B | 4.01B | 3.96B | 4.84B | 3.04B | 2.78B | 2.28B | 3.35B | 1.07B | 1.16B |
| Current Ratio | 1.05x | 1.05x | 1.05x | 1.04x | 1.05x | 1.02x | 1.04x | 1.03x | 1.06x | 1.05x | 1.03x | 1.04x | 1.07x | 1.08x | 1.12x | 1.16x | 1.21x | 1.20x | 1.23x | 1.16x |
| Quick Ratio | 1.05x | 1.05x | 1.05x | 1.04x | 1.05x | 1.02x | 1.04x | 1.03x | 1.06x | 1.05x | 1.03x | 1.04x | 1.07x | 1.08x | 1.12x | 1.16x | 1.21x | 1.20x | 1.23x | 1.16x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 3.93B | 3.88B | 4.06B | 4.2B | 4.39B | 3.51B | 3.57B | 3.39B | 3.66B | 3.54B | 3.35B | 3.24B | 3.55B | 3.59B | 3.86B | 4.11B | 4.15B | 3.81B | 3.87B | 3.73B |
| Long-Term Debt | 3.61B | 3.53B | 3.72B | 3.91B | 4.1B | 3.08B | 3.14B | 2.96B | 3.08B | 2.83B | 2.65B | 2.5B | 2.63B | 2.52B | 2.64B | 2.76B | 2.77B | 2.7B | 2.8B | 2.87B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 66M | 0 | 0 | 0 | 70.64M | 0 | 0 | 0 | 81.05M | 0 | 0 |
| Deferred Tax Liabilities | 194.7M | 187.3M | 174.6M | 149M | 147.1M | 145.6M | 137.6M | 132.6M | 132.8M | 129.5M | 140.5M | 131.6M | 138.2M | 142.16M | 155.54M | 181.45M | 212.52M | 192.97M | 204.73M | 196.03M |
| Other Non-Current Liabilities | 132.3M | 159.1M | 97.3M | 139.3M | 100.9M | 277.8M | 284.9M | 301.6M | 365.1M | 436.3M | 557.2M | 614.2M | 784.7M | 763.61M | 1.06B | 1.16B | 1.17B | 785.97M | 866.72M | 665.69M |
| Total Liabilities | 14.15B | 13.16B | 13.31B | 13.69B | 13.15B | 11.83B | 12.28B | 12.46B | 12.64B | 12.06B | 12.2B | 11.58B | 11.06B | 9.88B | 10.28B | 10.51B | 9.41B | 8.21B | 7.48B | 7.24B |
| Total Debt | 1.63B | 4.86B | 5.03B | 5.44B | 5.58B | 4.38B | 4.58B | 4.21B | 4.19B | 3.95B | 3.61B | 3.22B | 2.92B | 2.81B | 2.8B | 2.94B | 2.93B | 2.95B | 2.99B | 3.01B |
| Net Debt | 997.9M | 3.95B | 4.21B | 4.67B | 4.97B | 3.78B | 4.04B | 3.53B | 3.41B | 1.72B | 2.65B | 2.32B | 2B | 947.55M | 2.04B | 2.5B | 2.35B | 1.69B | 2.45B | 2.59B |
| Debt / Equity | 1.28x | 3.94x | 4.49x | 5.56x | 6.89x | 2.94x | 2.73x | 2.36x | 2.36x | 2.17x | 2.13x | 1.82x | 1.75x | 1.70x | 1.72x | 1.62x | 1.52x | 1.41x | 1.47x | 1.52x |
| Debt / EBITDA | 6.80x | 19.55x | 22.58x | 22.60x | 23.39x | 18.30x | 16.48x | 16.99x | 17.27x | 16.91x | 14.88x | 14.23x | 13.21x | 12.71x | 32.05x | 12.41x | 15.53x | 16.49x | 17.63x | 20.21x |
| Net Debt / EBITDA | 4.16x | 15.91x | 18.93x | 19.39x | 20.83x | 15.81x | 14.55x | 14.23x | 14.06x | 7.35x | 10.93x | 10.25x | 9.05x | 4.29x | 23.36x | 10.56x | 12.47x | 9.46x | 14.48x | 17.36x |
| Interest Coverage | 2.95x | 2.88x | 2.82x | 2.44x | 2.89x | 2.40x | 3.42x | 2.77x | 2.49x | 2.32x | 1.81x | 3.93x | 2.86x | 4.58x | -0.26x | 2.53x | 5.40x | 4.37x | 3.19x | 1.29x |
| Total Equity | 1.27B | 1.23B | 1.12B | 978.7M | 810.4M | 1.49B | 1.68B | 1.78B | 1.78B | 1.82B | 1.7B | 1.77B | 1.67B | 1.65B | 1.63B | 1.82B | 1.93B | 2.09B | 2.04B | 1.98B |
| Equity Growth % | 57.26% | -17.08% | -33.33% | -45.12% | -54.41% | -18.22% | -1.11% | 0.84% | 6.42% | 10.37% | 4% | -2.62% | -13.29% | -21.18% | -19.88% | -8.4% | -5.14% | 2.84% | -7.64% | -5.02% |
| Book Value per Share | 36.41 | 35.27 | 32.14 | 28.45 | 20.57 | 37.22 | 41.12 | 42.46 | 41.93 | 42.54 | 39.09 | 40.75 | 38.31 | 37.51 | 36.88 | 40.29 | 42.49 | 46.63 | 44.96 | 44.27 |
| Total Shareholders' Equity | 1.27B | 1.23B | 1.12B | 978.7M | 810.4M | 1.49B | 1.68B | 1.78B | 1.78B | 1.82B | 1.7B | 1.77B | 1.67B | 1.65B | 1.63B | 1.82B | 1.93B | 1.84B | 1.84B | 1.79B |
| Common Stock | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 500K | 495K | 495K | 495K | 494K | 492K | 491K | 491K |
| Retained Earnings | 2.45B | 2.37B | 2.29B | 2.21B | 2.14B | 2.07B | 2B | 1.9B | 1.82B | 1.76B | 1.67B | 1.65B | 1.56B | 1.49B | 1.4B | 1.45B | 1.41B | 1.29B | 1.3B | 1.25B |
| Treasury Stock | 0 | -2.22B | -2.22B | -2.22B | -2.22B | -1.42B | -1.25B | -935.3M | -834.4M | -760.8M | -609.2M | -559.2M | -556M | -463.18M | -321.95M | -252.94M | -172.34M | -172.34M | -172.34M | -172.34M |
| Accumulated OCI | -178.3M | -128.1M | -141.2M | -171.1M | -245.1M | -312.3M | -145.8M | -281.2M | -276.5M | -229.2M | -385.5M | -307.7M | -283.3M | -306.34M | -356.78M | -257.69M | -169.88M | -122.52M | -114.83M | -94.46M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 254.11M | 191.49M | 187.94M |