Switch theme
Sign up to access all valuation multiples
WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.
1998
6.5K+
LTM Revenue $2.6B
LTM EBITDA $1.1B
$5.7B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
WEX has a last 12-month revenue (LTM) of $2.6B and a last 12-month EBITDA of $1.1B.
In the most recent fiscal year, WEX achieved revenue of $2.6B and an EBITDA of $975M.
WEX expects next 12-month revenue of XXX and NTM EBITDA of XXX
See WEX valuation multiples based on analyst estimates| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $2.6B | XXX | $2.6B | XXX | XXX | XXX |
| Gross Profit | $1.6B | XXX | $1.6B | XXX | XXX | XXX |
| Gross Margin | 60% | XXX | 61% | XXX | XXX | XXX |
| EBITDA | $1.1B | XXX | $975M | XXX | XXX | XXX |
| EBITDA Margin | 43% | XXX | 37% | XXX | XXX | XXX |
| EBIT | $1.0B | XXX | $686M | XXX | XXX | XXX |
| EBIT Margin | 39% | XXX | 26% | XXX | XXX | XXX |
| Net Profit | $593M | XXX | $310M | XXX | XXX | XXX |
| Net Margin | 23% | XXX | 12% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $3.8B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of May 30, 2025, WEX's stock price is $133.
WEX has current market cap of $4.6B, and EV of $5.7B.
See WEX trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5.7B | $4.6B | XXX | XXX | XXX | XXX | $15.18 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Start Free TrialAs of May 30, 2025, WEX has market cap of $4.6B and EV of $5.7B.
WEX's trades at 2.2x EV/Revenue multiple, and 5.8x EV/EBITDA.
Equity research analysts estimate WEX's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
WEX has a P/E ratio of 7.7x.
See valuation multiples for WEX and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4.6B | XXX | $4.6B | XXX | XXX | XXX |
| EV (current) | $5.7B | XXX | $5.7B | XXX | XXX | XXX |
| EV/Revenue | 2.2x | XXX | 2.2x | XXX | XXX | XXX |
| EV/EBITDA | 5.1x | XXX | 5.8x | XXX | XXX | XXX |
| EV/EBIT | 5.6x | XXX | 8.3x | XXX | XXX | XXX |
| EV/Gross Profit | 3.6x | XXX | n/a | XXX | XXX | XXX |
| P/E | 7.7x | XXX | 14.7x | XXX | XXX | XXX |
| EV/FCF | 8.6x | XXX | 17.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialWEX's last 12 month revenue growth is 1%
WEX's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.
WEX's rule of 40 is 35% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
WEX's rule of X is 46% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for WEX and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 1% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Margin | 43% | XXX | 37% | XXX | XXX | XXX |
| EBITDA Growth | -3% | XXX | 12% | XXX | XXX | XXX |
| Rule of 40 | 35% | XXX | 38% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 46% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 13% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 34% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Keyware Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Al Ansari Financial Servs | XXX | XXX | XXX | XXX | XXX | XXX |
| Equals Group | XXX | XXX | XXX | XXX | XXX | XXX |
| AvidXchange | XXX | XXX | XXX | XXX | XXX | XXX |
| Flywire | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
WEX acquired XXX companies to date.
Last acquisition by WEX was XXXXXXXX, XXXXX XXXXX XXXXXX . WEX acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| When was WEX founded? | WEX was founded in 1998. |
| Where is WEX headquartered? | WEX is headquartered in United States of America. |
| How many employees does WEX have? | As of today, WEX has 6.5K+ employees. |
| Who is the CEO of WEX? | WEX's CEO is Ms. Melissa D. Smith. |
| Is WEX publicy listed? | Yes, WEX is a public company listed on NYS. |
| What is the stock symbol of WEX? | WEX trades under WEX ticker. |
| When did WEX go public? | WEX went public in 2005. |
| Who are competitors of WEX? | Similar companies to WEX include e.g. Keyware Technologies, Al Ansari Financial Servs, Equals Group, AvidXchange. |
| What is the current market cap of WEX? | WEX's current market cap is $4.6B |
| What is the current revenue of WEX? | WEX's last 12 months revenue is $2.6B. |
| What is the current revenue growth of WEX? | WEX revenue growth (NTM/LTM) is 1%. |
| What is the current EV/Revenue multiple of WEX? | Current revenue multiple of WEX is 2.2x. |
| Is WEX profitable? | Yes, WEX is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of WEX? | WEX's last 12 months EBITDA is $1.1B. |
| What is WEX's EBITDA margin? | WEX's last 12 months EBITDA margin is 43%. |
| What is the current EV/EBITDA multiple of WEX? | Current EBITDA multiple of WEX is 5.1x. |
| What is the current FCF of WEX? | WEX's last 12 months FCF is $661M. |
| What is WEX's FCF margin? | WEX's last 12 months FCF margin is 25%. |
| What is the current EV/FCF multiple of WEX? | Current FCF multiple of WEX is 8.6x. |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
