Wex (WEX) Debt Ratio (2009 - 2026)
Wex (WEX) reported Debt Ratio of 0.34 for Q1 2026, down 15.11% on a YoY basis from 0.4 in Q1 2025, and up 0.63% quarter-over-quarter from 0.34 in Q4 2025.
Wex (WEX) Debt Ratio (2009 - 2026) Analysis & Trends
Wex has reported Debt Ratio for 18 years, with the latest figure at 0.34 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 15.11% year-over-year to 0.34; the trailing twelve-month figure through Mar 2026 stood at 0.34 (down 15.11% YoY), and the FY2025 full-year result was 0.34, up 2.73% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.34, up from 0.34 in the prior quarter.
- The five-year high for Debt Ratio was 0.4 in Q1 2025, with the low at 0.23 in Q1 2023.
- Historically, Debt Ratio has averaged 0.3 across 5 years, with a median of 0.29 in 2024.
- Annual changes were most pronounced in 2022 — Debt Ratio decreased 27.02% — and 2025, when it surged 37.51%.
- Wex's Debt Ratio stood at 0.24 in 2022, then increased by 17.91% to 0.28 in 2023, then rose by 17.86% to 0.33 in 2024, then increased by 2.73% to 0.34 in 2025, then increased by 0.63% to 0.34 in 2026.
- The last three Debt Ratio figures came in at 0.34 (Q1 2026), 0.34 (Q4 2025), and 0.35 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 0.06 |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | - |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 0.51 |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 0.07 |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 0.05 |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 0.21 |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 0.21 |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | 0.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.34 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.37 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.33 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.24 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.28 |
| Sep 30, 2021 | 0.31 |
| Jun 30, 2021 | 0.33 |