Wex (WEX) Interest Coverage Ratio (2009 - 2026)
Wex's (WEX) quarterly Interest Coverage Ratio came in at 6.86 in Q2 2026, up 67.68% YoY from 4.09 in Q2 2025, and up 37.99% on a QoQ basis from 4.97 in Q1 2026.
Wex (WEX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Wex (WEX) has 18 years of Interest Coverage Ratio data on file, last reported at 6.86 in Q2 2026.
- Quarterly Interest Coverage Ratio rose 67.68% year-over-year to 6.86 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 24.03 (up 37.82% YoY) and the FY2025 annual result came in at 1.99, down 4.74% from the prior year.
- Interest Coverage Ratio grew to 6.86 in Q2 2026, from 4.97 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 8.57 in Q1 2024 to a low of 0.62 in Q3 2022.
- A 5-year average of 4.41 and a median of 4.11 in 2025 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 82.61% — and 2023, when it soared 415.45%.
- Tracing WEX's Interest Coverage Ratio over 5 years: stood at 3.59 in 2022, then slumped by 50.28% to 1.78 in 2023, then retreated by 8.49% to 1.63 in 2024, then jumped by 200.32% to 4.91 in 2025, then surged by 39.94% to 6.86 in 2026.
- The last three Interest Coverage Ratio figures came in at 6.86 (Q2 2026), 4.97 (Q1 2026), and 4.91 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 9.60 |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 0.06 |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.26 |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -0.21 |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 9.17 |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -0.72 |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 0.15 |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 0.00 |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 3.33 |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | 6.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.86 |
| Mar 31, 2026 | 4.97 |
| Dec 31, 2025 | 4.91 |
| Sep 30, 2025 | 5.09 |
| Jun 30, 2025 | 4.09 |
| Mar 31, 2025 | 3.87 |
| Dec 31, 2024 | 1.63 |
| Sep 30, 2024 | 6.87 |
| Jun 30, 2024 | 7.82 |
| Mar 31, 2024 | 8.57 |
| Dec 31, 2023 | 1.78 |
| Sep 30, 2023 | 3.19 |
| Jun 30, 2023 | 2.95 |
| Mar 31, 2023 | 3.07 |
| Dec 31, 2022 | 3.59 |
| Sep 30, 2022 | 0.62 |
| Jun 30, 2022 | 5.38 |
| Mar 31, 2022 | 4.12 |
| Dec 31, 2021 | 20.64 |
| Sep 30, 2021 | 3.10 |