WEX Inc. (WEX) Earnings History
Annual and quarterly earnings data from 2003 to 2024
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 60.5% | 26.1% | 11.8% |
| 2023 | 61.8% | 25.4% | 10.5% |
| 2022 | 60.4% | 20.0% | 8.6% |
| 2021 | 62.1% | 18.5% | 0.0% |
| 2020 | 56.8% | -5.9% | -15.6% |
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WEX Inc. (WEX) Earnings Overview
As of February 28, 2026, WEX Inc. (WEX) reported trailing twelve-month net income of $284M, reflecting +0.2% year-over-year growth. The company earned $8.16 per diluted share over the past four quarters, with a net profit margin of 0.1%.
Looking at the long-term picture, WEX's 5-year EPS compound annual growth rate (CAGR) stands at +16.1%, indicating exceptional earnings growth. The company achieved its highest annual net income of $310M in fiscal 2024, representing a new all-time high.
WEX Inc. maintains positive profitability with a gross margin of 0.6%, operating margin of 0.3%, and net margin of 0.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including XYZ ($1.30B net income, 0.1% margin), CPAY ($1.05B net income, 0.3% margin), AFRM ($282M net income, 0.0% margin), WEX has outperformed on profitability metrics. Compare WEX vs XYZ →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
22 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $310M | +16.1% | $686M | $7.50 | 11.8% | 26.1% |
| 2023 | $267M | +32.4% | $647M | $6.16 | 10.5% | 25.4% |
| 2022 | $201M | +201300.0% | $470M | $4.50 | 8.6% | 20.0% |
| 2021 | $100,000 | +100.0% | $342M | $3.00 | 0.0% | 18.5% |
| 2020 | -$244M | -346.1% | -$92M | $-6.40 | -15.6% | -5.9% |
| 2019 | $99M | -41.2% | $386M | $3.55 | 5.7% | 22.4% |
| 2018 | $168M | +5.1% | $381M | $3.86 | 11.3% | 25.5% |
| 2017 | $160M | +581.1% | $233M | $3.73 | 12.8% | 18.7% |
| 2016 | $23M | -76.9% | $159M | $1.48 | 2.3% | 15.7% |
| 2015 | $102M | -49.6% | $229M | $2.62 | 11.9% | 26.8% |
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Start ComparisonFrequently Asked Questions
Is WEX growing earnings?
WEX EPS of $8.16 reflects slowing growth at +0.2%, below the 5-year CAGR of +16.1%. TTM net income is $284M. Expansion rate has moderated.
What are WEX's profit margins?
WEX Inc. net margin is +0.1%, with operating margin at +0.3%. Below-average margins reflect competitive or cost pressures.
How consistent are WEX's earnings?
WEX earnings data spans 2003-2024. The current earnings trend is +0.2% YoY. Historical data enables comparison across business cycles.