Wex (WEX) FCF Margin (2009 - 2026)
Wex's FCF Margin was -16.07% in Q2 2026, down 50.94 percentage points from 34.87% a year earlier but up 38.59 percentage points from the prior quarter.
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Analysis
Wex (WEX) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wex's FCF Margin was 3.89% through Jun 30, 2026, down 7.04 percentage points year-over-year; for FY2025, it came in at 11.79%, down 0.92 percentage points from FY2024.
- FCF Margin shows a five-year change of -30.29 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 12.71% in FY2024 (-17.28 pp), 30.00% in FY2023 (+5.89 pp), 24.10% in FY2022 (+31.05 pp) and -6.95% in FY2021 (-49.03 pp).
- Quarterly FCF Margin has moved between -80.77% (Q1 2025) and 108.55% (Q4 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in three of the last eight quarters, with an average year-over-year change of -7.22 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q4 2022 (a gain of 99.17 percentage points); the worst was Q3 2023 (a drop of 63.07 percentage points).
- Per Business Quant data, WEX's FCF Margin in the three quarters before Q2 2026 was -54.66% (Q1 2026), 38.09% (Q4 2025) and 49.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 16.17% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 20.44% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 14.61% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 351.43% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 105.74% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 18.61% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 12.86% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 62.27% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 68.54% |
| 10 | Wex | 6.07 Bn | -15.62 Bn | 463.80 Mn | -16.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -16.07% |
| Mar 31, 2026 | -54.66% |
| Dec 31, 2025 | 38.09% |
| Sep 30, 2025 | 49.38% |
| Jun 30, 2025 | 34.87% |
| Mar 31, 2025 | -80.77% |
| Dec 31, 2024 | 94.22% |
| Sep 30, 2024 | -4.76% |
| Jun 30, 2024 | -6.92% |
| Mar 31, 2024 | -28.70% |
| Dec 31, 2023 | 108.55% |
| Sep 30, 2023 | 1.55% |
| Jun 30, 2023 | 6.07% |
| Mar 31, 2023 | -0.57% |
| Dec 31, 2022 | 86.55% |
| Sep 30, 2022 | 64.62% |
| Jun 30, 2022 | -29.10% |
| Mar 31, 2022 | -37.28% |
| Dec 31, 2021 | -12.62% |
| Sep 30, 2021 | 19.30% |
API Access
Wex FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=WEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "WEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();