Wex (WEX) Change in Taxes (2009 - 2023)
Wex (WEX) posted Change in Taxes of $22.7 million for Q4 2023, up 240.12% quarter-over-quarter from -$16.2 million in Q3 2023, and up 1131.82% year-on-year from $1.8 million in Q4 2022.
Wex (WEX) Change in Taxes (2009 - 2023) Analysis & Trends
Wex (WEX) has reported Change in Taxes for 15 consecutive years, with $22.7 million the latest figure, recorded in Q4 2023.
- Change in Taxes for Q4 2023 came in at $22.7 million, up 1131.82% year-over-year; the trailing twelve-month figure through Dec 2023 was -$8.2 million (down 195.35% YoY), and the FY2025 annual result was $30.0 million, up 195.85% from the prior year.
- Change in Taxes was $22.7 million for Q4 2023 at Wex, up from -$16.2 million in the prior quarter.
- Over five years, Change in Taxes peaked at $30.7 million in Q1 2023 and troughed at -$45.4 million in Q2 2023.
- Average Change in Taxes over 5 years is $365850.0, with a median of -$405500.0 recorded in 2019.
- Year-over-year, Change in Taxes sank 2782.16% in 2021 and surged 1131.82% in 2023.
- Over 5 years, Change in Taxes stood at $2.8 million in 2019, then slumped by 412.78% to -$8.6 million in 2020, then soared by 291.12% to $16.5 million in 2021, then tumbled by 113.36% to -$2.2 million in 2022, then soared by 1131.82% to $22.7 million in 2023.
- Per Business Quant data, the three most recent Change in Taxes figures were $22.7 million in Q4 2023, -$16.2 million in Q3 2023, and -$45.4 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 2.30 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 1.40 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | - |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | - |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | - |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 17.56 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Wex | 4.92 Bn | -486.44 Mn | 393.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 22.70 Mn |
| Dec 31, 2023 | 22.70 Mn |
| Sep 30, 2023 | -16.20 Mn |
| Sep 30, 2023 | -16.20 Mn |
| Jun 30, 2023 | -45.40 Mn |
| Jun 30, 2023 | -45.40 Mn |
| Mar 31, 2023 | 30.70 Mn |
| Mar 31, 2023 | 30.70 Mn |
| Dec 31, 2022 | -2.20 Mn |
| Dec 31, 2022 | -2.20 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Sep 30, 2022 | 4.00 Mn |
| Jun 30, 2022 | -18.00 Mn |
| Jun 30, 2022 | -18.00 Mn |
| Mar 31, 2022 | 24.80 Mn |
| Mar 31, 2022 | 24.80 Mn |
| Dec 31, 2021 | 16.46 Mn |
| Dec 31, 2021 | 16.46 Mn |
| Sep 30, 2021 | 687,000.00 |
| Sep 30, 2021 | 687,000.00 |