Wex WEX
NYSE WEX
$187.35 -6.56 (-3.38%)
As of: Sep 8, 2026 · 3:22 PM EDT

Wex (WEX) Debt Ratio (2009 - 2026)

Wex's (WEX) quarterly Debt Ratio came in at 0.32 in Q2 2026, down 12.44% on a YoY basis from 0.37 in Q2 2025, and down 4.36% quarter-over-quarter from 0.34 in Q1 2026.

Analysis

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.

  • For the quarter ending Q2 2026, Debt Ratio fell 12.44% year-over-year to 0.32; the trailing twelve-month figure through Jun 2026 stood at 0.32 (down 12.44% YoY), and the FY2025 full-year result was 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.
  • Across five years, Debt Ratio topped out at 0.4 in Q1 2025 and bottomed at 0.23 in Q1 2023.
  • Historically, Debt Ratio has averaged 0.3 across 5 years, with a median of 0.29 in 2024.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio slipped 27.02% in 2022, then soared 37.51% in 2025.
  • Over 5 years, Debt Ratio stood at 0.24 in 2022, then gained by 17.91% to 0.28 in 2023, then advanced by 17.86% to 0.33 in 2024, then gained by 2.73% to 0.34 in 2025, then slipped 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Block 48.08 Bn 41.65 Bn 3.17 Bn 0.16
2 PayPal Holdings 46.69 Bn 35.43 Bn - 0.18
3 Fiserv 26.99 Bn 26.37 Bn 3.59 Bn 0.34
4 Corpay 26.78 Bn 19.78 Bn 1.19 Bn 0.59
5 Global Payments 24.15 Bn 18.74 Bn 2.03 Bn 0.37
6 Wex 6.49 Bn 383.66 Mn 463.80 Mn 0.32
7 Aci Worldwide 5.27 Bn 5.10 Bn 181.57 Mn 0.28
8 Paymentus Holdings 4.47 Bn 4.09 Bn 94.31 Mn -
9 dLocal 4.39 Bn 3.51 Bn 127.15 Mn 0.03
10 Sezzle 4.01 Bn 3.93 Bn - 0.27
Historic Data

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