WEX Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Public

  • Employees
  • 6,600

Employees

  • Stock Symbol
  • WEX

Stock Symbol

  • Investments
  • 31

  • Share Price
  • $181.53
  • (As of Friday Closing)

WEX General Information

Description

WEX Inc is a commerce platform that provides seamlessly embedded, personalized payments 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. Its prime end market is the United States of America.

Contact Information

Website
www.wexinc.com
Formerly Known As
Wright Express
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 1 Hancock Street
  • Portland, ME 04101
  • United States
+1 (207)
Primary Industry
Other Financial Services
Other Industries
Financial Software
Stock Exchange
NYS
Vertical(s)
B2B Payments
Corporate Office
  • 1 Hancock Street
  • Portland, ME 04101
  • United States
+1 (207)

WEX Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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WEX Stock Performance

As of 13-Nov-2026, WEX’s stock price is $181.53. Its current market cap is $5.97B with 32.9M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$181.53 $179.49 $125.29 - $203.99 $5.97B 32.9M 575K $11.77

WEX Financials Summary

As of 30-Sep-2026, WEX has a trailing 12-month revenue of $2.88B.

In Thousands,
USD 		TTM 30-Sep-2026 FY 2025 31-Dec-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023
EV 5,005,068 5,192,004 7,295,511 8,338,949
Revenue 2,880,200 2,660,800 2,628,200 2,548,000
EBITDA 1,103,800 991,900 975,000 849,600
Net Income 404,600 304,100 309,600 266,600
Total Assets 16,196,900 14,399,500 13,321,600 13,882,100
Total Debt 5,321,100 4,858,300 4,375,200 3,868,600
Public Fundamental Data provided by Morningstar, Inc. disclaimer

WEX Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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WEX Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
WEX Inc is a commerce platform that provides seamlessly embedded, personalized payments solutions. The company operates
Other Financial Services
Portland, ME
6,600 As of 2025

Charlotte, NC
 

Oakland, CA
 
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WEX Competitors (32)

One of WEX’s 32 competitors is AvidXchange Holdings, a Private Equity-Backed company based in Charlotte, NC.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
AvidXchange Holdings Private Equity-Backed Charlotte, NC
Block Formerly VC-backed Oakland, CA
Comdata Private Equity-Backed Brentwood, TN
Corpay Formerly PE-Backed Atlanta, GA
Payoneer Formerly VC-backed New York, NY
You’re viewing 5 of 32 competitors. Get the full list »

WEX Patents

  • 10

    Total Documents Applications and Grants

  • Total Patents Families

  • 9

    Granted

  • Pending

  • Expiring in next 12 mo

WEX Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12719859-B1 Modular, metadata-driven architecture for implementing artificial intelligence agents Active 05-Feb-2026
US-11511987-B2 Methods and systems for fuel transaction product detection Active 12-Jul-2017
US-20210139312-A1 Methods and systems for fuel transaction product detection Active 12-Jul-2017
US-10262325-B2 Methods and systems for mobile fleet card activation Active 29-Apr-2015
US-20160321665-A1 Methods and systems for mobile fleet card activation Active 29-Apr-2015 G06Q20/409
To view WEX’s complete patent history, request access »

WEX Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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WEX Investments & Acquisitions (31)

WEX’s most recent deal was a Later Stage VC with Handle for . The deal was made on 22-May-2026.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Handle 22-May-2026 Later Stage VC Business/Productivity Software
Synop 25-Mar-2025 Early Stage VC Business/Productivity Software
Sawatch Labs 01-May-2024 Merger/Acquisition Business/Productivity Software
Payzer 26-Oct-2023 Merger/Acquisition Other Financial Services
Ascensus (Health and Benefits Unit) 01-Sep-2023 Merger/Acquisition Other Healthcare Services
You’re viewing 5 of 31 investments and acquisitions. Get the full list »

WEX ESG

Risk Overview

Risk Rating

Updated November, 04, 2026

21 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 13,585

Rank

Percentile

Software & Services

Industry

of 898

Rank

Percentile

Data Processing

Subindustry

of 98

Rank

Percentile

To view WEX’s complete esg history, request access »

WEX Exits (5)

WEX’s most recent exit was on 01-Sep-2015 from Unik. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Unik 01-Sep-2015 Completed
Unik 01-Jan-2013 Completed
rapid! PayCard 31-Mar-2011 Completed
Pacific Pride Services 29-Feb-2008 Completed
Wex Fuel Management 06-Aug-2007 Merger/Acquisition Completed
To view WEX’s complete exits history, request access »

WEX Affiliates

Subsidiaries (8)

Name Industry Location Year Founded
WEX Venture Capital Portland, ME 2023
Po Holdings Portland, ME 2019
Sawatch Labs Denver, CO 2016
Pavestone Capital South Jordan, UT 2012
Truckers B2b Indianapolis, IN 2001
You’re viewing 5 of 8 affiliates. Get the full list.  »

WEX FAQs

  • When was WEX founded?

    WEX was founded in 1983.

  • Where is WEX headquartered?

    WEX is headquartered in Portland, ME.

  • What is the size of WEX?

    WEX has 6,600 total employees.

  • What industry is WEX in?

    WEX’s primary industry is Other Financial Services.

  • Is WEX a private or public company?

    WEX is a Public company.

  • What is WEX’s stock symbol?

    The ticker symbol for WEX is WEX.

  • What is the current stock price of WEX?

    As of 13-Nov-2026 the stock price of WEX is $181.53.

  • What is the current market cap of WEX?

    The current market capitalization of WEX is $5.97B.

  • What is WEX’s current revenue?

    The trailing twelve month revenue for WEX is $2.88B.

  • Who are WEX’s competitors?

    AvidXchange Holdings, Block, Comdata, Corpay, and Payoneer are some of the 32 competitors of WEX.

  • What is WEX’s annual earnings per share (EPS)?

    WEX’s EPS for 12 months was $11.77.

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