WEX Inc
NYSE:WEX

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WEX Inc
NYSE:WEX
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Price: 178.38 USD 0.21% Market Closed
Market Cap: 7.1B USD
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Gross Margin
WEX Inc

64.9%
Current
63%
Average
46.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
64.9%
=
Gross Profit
1.7B
/
Revenue
2.7B

Gross Margin Across Competitors

Country US
Market Cap 7.1B USD
Gross Margin
65%
Country US
Market Cap 612.1B USD
Gross Margin
80%
Country US
Market Cap 479B USD
Gross Margin
0%
Country US
Market Cap 122.4B USD
Gross Margin
61%
Country US
Market Cap 120.8B USD
Gross Margin
46%
Country US
Market Cap 83.7B USD
Gross Margin
40%
Country US
Market Cap 56B USD
Gross Margin
36%
Country US
Market Cap 50.7B USD
Gross Margin
0%
Country US
Market Cap 46.9B USD
Gross Margin
38%
Country NL
Market Cap 38.2B EUR
Gross Margin
88%
Country ES
Market Cap 28.6B EUR
Gross Margin
76%
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WEX Inc
Glance View

Market Cap
7.1B USD
Industry
Technology

WEX Inc. has carved a significant niche in the global financial technology landscape, primarily focusing on enhancing payment solutions for businesses across various sectors including fleet management, travel, and healthcare. Founded in 1983, WEX has evolved from a credit card processor to a leading provider of specialized payment solutions that streamline and simplify complex transactions. Its innovative approach not only helps clients manage their expenses efficiently but also offers robust data analytics, enabling better decision-making. With a commitment to improving the payment experience and driving operational efficiencies, WEX has established itself as a trusted partner for thousands of businesses, making it an appealing consideration for investors looking for growth opportunities in the fintech arena. Underpinning its journey is WEX's impressive performance metrics, as it leverages technology to continually diversify its product offerings and expand its market reach. With strategic acquisitions and partnerships, WEX has bolstered its capabilities, tapping into segments like commercial fleets and health care payments—two areas poised for robust growth. In an economy increasingly reliant on seamless digital transactions, WEX stands at the forefront, offering solutions that not only enhance client satisfaction but also drive revenue growth. For investors, WEX represents a compelling investment opportunity, characterized by its strong market position, innovative spirit, and commitment to delivering value in an evolving financial ecosystem.

WEX Intrinsic Value
266.1 USD
Undervaluation 33%
Intrinsic Value
Price

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
64.9%
=
Gross Profit
1.7B
/
Revenue
2.7B
What is the Gross Margin of WEX Inc?

Based on WEX Inc's most recent financial statements, the company has Gross Margin of 64.9%.