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
DateValue
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