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
Download Data
Historic 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 |