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
DateValue
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