Wex (WEX) Debt to Equity (2009 - 2026)

Wex has reported Debt to Equity for 18 years, with the latest figure at $4.11 in Q1 2026.

• For the quarter ending Q1 2026, Debt to Equity fell 40.37% year-over-year to $4.11; the trailing twelve-month figure through Mar 2026 stood at $4.11 (down 40.37% YoY), and the FY2025 full-year result was $3.94, up 33.92% from the prior year.
• Debt to Equity for Q1 2026 stood at $4.11, up from $3.94 in the prior quarter.
• The five-year high for Debt to Equity was $6.89 in Q1 2025, with the low at $1.52 in Q1 2022.
• Historically, Debt to Equity has averaged $2.92 across 5 years, with a median of $2.36 in 2024.
• Annual changes were most pronounced in 2025 — Debt to Equity soared 192.08% — and 2026, when it tumbled 40.37%.
• Wex's Debt to Equity stood at $1.65 in 2022, then grew by 28.63% to $2.12 in 2023, then soared by 38.3% to $2.94 in 2024, then soared by 33.92% to $3.94 in 2025, then increased by 4.42% to $4.11 in 2026.
• The last three Debt to Equity figures came in at $4.11 (Q1 2026), $3.94 (Q4 2025), and $4.49 (Q3 2025), per Business Quant data.