Wex (WEX) Debt Ratio (2009 - 2026)
Wex (WEX) posted quarterly Debt Ratio of 0.32 for Q2 2026, down 12.44% year-on-year from 0.37 in Q2 2025, and down 4.36% on a QoQ basis from 0.34 in Q1 2026.
Wex (WEX) Debt Ratio (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Debt Ratio for 18 consecutive years, with 0.32 the latest figure, recorded in Q2 2026.
- Quarterly Debt Ratio fell 12.44% year-over-year to 0.32 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.32 (down 12.44% YoY) and the FY2025 annual result came in at 0.34, up 2.73% from the prior year.
- Debt Ratio slipped to 0.32 in Q2 2026 per WEX's latest filing, from 0.34 in the prior quarter.
- Over the last five years, Debt Ratio for WEX reached as high as 0.4 in Q1 2025 and fell as low as 0.23 in Q1 2023.
- A 5-year average of 0.3 and a median of 0.29 in 2024 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio slipped 27.02% — and 2025, when it soared 37.51%.
- Year by year, Debt Ratio stood at 0.24 in 2022, then advanced by 17.91% to 0.28 in 2023, then climbed by 17.86% to 0.33 in 2024, then advanced by 2.73% to 0.34 in 2025, then dropped by 3.76% to 0.32 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.32, 0.34, and 0.34 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 0.06 |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 0.47 |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | 0.36 |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 0.07 |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 0.05 |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 0.21 |
| 10 | Wex | 6.38 Bn | 274.53 Mn | 463.80 Mn | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| 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 |