Overview
WEX
WEX is the global commerce platform that simplifies the business of running a business. The company has more than 600,000 fleet customers worldwide and partners. WEX simplifies administration of benefits for employers, including consumer directed health accounts in the US both directly and through partners. It serves more than half of the Fortune 1000 companies in the US. WEX is both one of the largest commercial payment companies in the world as
...
Read More well as a trusted technology partner for some of the largest organizations in the world. Around 19 million vehicles use WEX for fleet management. The US accounts for the majority of the company's revenue.
Read Less
Read More well as a trusted technology partner for some of the largest organizations in the world. Around 19 million vehicles use WEX for fleet management. The US accounts for the majority of the company's revenue.
Read Less
#
988
Fortune 1000 Revenue Rank
Activities Related to Credit Intermediation
,
Web Search Portals, Libraries, Archives, and Other Information Services
,
Other Financial Investment Activities
,
Credit card service
,
Information retrieval services
See All Industries Investment advice
See Fewer Industries
See All Industries Investment advice
See Fewer Industries
Agencies, Brokerages, and Other Insurance Related Activities
,
Depository Credit Intermediation
,
Insurance Carriers
,
Insurance and Employee Benefit Funds
,
Monetary Authorities-Central Bank
,
Nondepository Credit Intermediation
,
Other Financial Investment Activities
,
Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
?
?
?
Modelled
?
Actual
$2.55 billion
Actual
3.15%
16.13%
$13,321
DEC
?
?
NYSE:WEX
Contacts
Get in Touch with 6 Principals* and 2,197 Contacts
-
Melissa D SmithChairman of the Board and President and Chief Executive Officer
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2023 (12 month period) in USD
Annual Revenue 2024
$2.55 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $481 | $908 | $679 |
| Net Investing Cash | -$961 | -$2,138 | -$717 |
| Net Financing Cash | -$260 | $1,573 | $681 |
| Net Change in Cash | -$740 | $343 | $644 |
| Cash at Beginning of Period | $2,230 | $1,860 | $1,257 |
| Cash at End of Period | $1,437 | $2,230 | $1,860 |
| Capital Expenditure | -$152 | -$148 | -$116 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $596 | $976 | $922 |
| Accounts Receivable | $3,009 | $3,428 | $3,276 |
| Inventories | $ | $ | $ |
| Other Current Assets | $4,911 | $4,531 | $2,619 |
| Asset Summary | |||
| Total Current Assets | $8,516 | $8,935 | $6,817 |
| Tangible Fixed Assets | $261 | $243 | $202 |
| Intangible Assets | $1,260 | $1,459 | $1,473 |
| Total Assets | $13,322 | $13,882 | $11,529 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $953 | $1,324 | $1,225 |
| Short-Term Debt | $1,293 | $1,041 | $203 |
| Other Current Liabilities | $6,082 | $6,154 | $4,866 |
| Liability Summary | |||
| Total Current Liabilities | $8,327 | $8,519 | $6,294 |
| Long-Term Debt | $3,082 | $2,828 | $2,522 |
| Other Long-Term Liabilities | $278 | $585 | $921 |
| Total Liabilities | $11,833 | $12,062 | $9,880 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $0 | $0 | $0 |
| Retained Earnings | $2,067 | $1,757 | $1,490 |
| Equity Summary | |||
| Total Equity | $1,489 | $1,821 | $1,650 |
| Shares Outstanding | 39,000,000 | 41,900,000 | 43,220,000 |