Wex (WEX) Deferred Taxes (2009 - 2023)

Wex (WEX) has reported Deferred Taxes for 15 consecutive years, with -$20.9 million the latest figure, recorded in Q4 2023.

• For the quarter ending Q4 2023, Deferred Taxes fell 242.62% year-over-year to -$20.9 million; the trailing twelve-month figure through Dec 2023 stood at -$21.3 million (up 64.62% YoY), and the FY2025 full-year result was $43.6 million, up 292.79% from the prior year.
• Deferred Taxes eased to -$20.9 million in Q4 2023 per WEX's latest filing, from $8.7 million in the prior quarter.
• Across five years, Deferred Taxes topped out at $21.7 million in Q4 2021 and bottomed at -$39.1 million in Q3 2022.
• Historically, Deferred Taxes has averaged -$3.9 million across 5 years, with a median of -$3.4 million in 2019.
• The widest YoY moves for Deferred Taxes: up 735.35% in 2022, down 662.67% in 2022.
• Over 5 years, Deferred Taxes stood at $13.8 million in 2019, then sank by 192.79% to -$12.8 million in 2020, then surged by 269.39% to $21.7 million in 2021, then plunged by 128.07% to -$6.1 million in 2022, then tumbled by 242.62% to -$20.9 million in 2023.
• According to Business Quant data, Deferred Taxes over the past three periods registered -$20.9 million, $8.7 million, and -$3.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.