WEX Inc.

WEX · NYSE
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$2,628$2,548$2,351$1,851
% Growth3.1%8.4%27%
Cost of Goods Sold$1,038$973$931$702
Gross Profit$1,591$1,575$1,420$1,148
% Margin60.5%61.8%60.4%62.1%
R&D Expenses$0$0$0$0
G&A Expenses$376$428$344$327
SG&A Expenses$717$756$656$646
Sales & Mktg Exp.$341$328$312$319
Other Operating Expenses$187$172$295$160
Operating Expenses$904$928$950$806
Operating Income$686$647$470$342
% Margin26.1%25.4%20%18.5%
Other Income/Exp. Net-$269-$278-$209-$138
Pre-Tax Income$418$369$261$204
Tax Expense$108$102$93$68
Net Income$310$267$201$0
% Margin11.8%10.5%8.6%0%
EPS7.596.234.543.04
% Growth21.8%37.2%49.3%
EPS Diluted7.56.164.53
Weighted Avg Shares Out41434445
Weighted Avg Shares Out Dil41434545
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$236$205$48$89
Depreciation & Amortization$321$276$264$273
EBITDA$975$850$572$566
% Margin37.1%33.3%24.3%30.6%