Wex (WEX) Debt to Equity (2009 - 2026)
Wex (WEX) posted Debt to Equity of $4.11 for Q1 2026, up 4.42% quarter-over-quarter from $3.94 in Q4 2025, and down 40.37% year-on-year from $6.89 in Q1 2025.
Wex (WEX) Debt to Equity (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Debt to Equity for 18 consecutive years, with $4.11 the latest figure, recorded in Q1 2026.
- Debt to Equity for Q1 2026 came in at $4.11, down 40.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.11 (down 40.37% YoY), and the FY2025 annual result was $3.94, up 33.92% from the prior year.
- Debt to Equity was $4.11 for Q1 2026 at Wex, up from $3.94 in the prior quarter.
- Over five years, Debt to Equity peaked at $6.89 in Q1 2025 and troughed at $1.52 in Q1 2022.
- Average Debt to Equity over 5 years is $2.92, with a median of $2.36 recorded in 2024.
- Year-over-year, Debt to Equity surged 192.08% in 2025 and sank 40.37% in 2026.
- Over 5 years, Debt to Equity stood at $1.65 in 2022, then gained 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 advanced by 4.42% to $4.11 in 2026.
- Per Business Quant data, the three most recent Debt to Equity figures were $4.11 in Q1 2026, $3.94 in Q4 2025, and $4.49 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 0.10 |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.84 |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | - |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | - |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 0.17 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 0.50 |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 0.85 |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 0.33 |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 0.08 |
| 10 | Wex | 4.92 Bn | -486.44 Mn | 393.70 Mn | 4.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.11 |
| Dec 31, 2025 | 3.94 |
| Sep 30, 2025 | 4.49 |
| Jun 30, 2025 | 5.56 |
| Mar 31, 2025 | 6.89 |
| Dec 31, 2024 | 2.94 |
| Sep 30, 2024 | 2.73 |
| Jun 30, 2024 | 2.36 |
| Mar 31, 2024 | 2.36 |
| Dec 31, 2023 | 2.12 |
| Sep 30, 2023 | 2.13 |
| Jun 30, 2023 | 1.82 |
| Mar 31, 2023 | 1.75 |
| Dec 31, 2022 | 1.65 |
| Sep 30, 2022 | 1.72 |
| Jun 30, 2022 | 1.62 |
| Mar 31, 2022 | 1.52 |
| Dec 31, 2021 | 1.55 |
| Sep 30, 2021 | 1.62 |
| Jun 30, 2021 | 1.68 |