Wex (WEX) Interest Coverage Ratio (2009 - 2026)
Wex (WEX) posted quarterly Interest Coverage Ratio of 6.86 for Q2 2026, up 67.68% year-on-year 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 reported Interest Coverage Ratio for 18 consecutive years, with 6.86 the latest figure, recorded 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 improved to 6.86 in Q2 2026 per WEX's latest filing, from 4.97 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for WEX reached as high as 8.57 in Q1 2024 and fell as low as 0.62 in Q3 2022.
- A 5-year average of 4.46 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 tumbled 82.61% — and 2023, when it jumped 415.45%.
- Year by year, Interest Coverage Ratio stood at 3.59 in 2022, then fell by 24.79% to 2.7 in 2023, then plunged by 39.51% 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.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 6.86, 4.97, and 4.91 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 0.45 |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -2.84 |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 2.15 |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 0.04 |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 2.54 |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 1.38 |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 138.10 |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -1.74 |
| 10 | Wex | 6.38 Bn | 274.53 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 | 2.70 |
| 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 |