Wex (WEX) Interest Coverage Ratio (2009 - 2025)
Wex (WEX) posted Interest Coverage Ratio of 120.62 for Q2 2025, down 7.99% quarter-over-quarter from 131.08 in Q1 2025, and down 21.07% year-on-year from 152.82 in Q2 2024.
Wex (WEX) Interest Coverage Ratio (2009 - 2025) Analysis & Trends
Wex (WEX) has reported Interest Coverage Ratio for 17 consecutive years, with 120.62 the latest figure, recorded in Q2 2025.
- Interest Coverage Ratio for Q2 2025 came in at 120.62, down 21.07% year-over-year; the trailing twelve-month figure through Mar 2026 was 511.46 (up 73.22% YoY), and the FY2024 annual result was 149.2, up 4921.61% from the prior year.
- Interest Coverage Ratio was 120.62 for Q2 2025 at Wex, down from 131.08 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 152.82 in Q2 2024 and troughed at 1.23 in Q4 2022.
- Average Interest Coverage Ratio over 5 years is 43.06, with a median of 3.65 recorded in 2022.
- Year-over-year, Interest Coverage Ratio surged 6786.89% in 2021 and sank 94.49% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 20.64 in 2021, then sank by 94.02% to 1.23 in 2022, then jumped by 118.83% to 2.7 in 2023, then soared by 5559.58% to 152.82 in 2024, then retreated by 21.07% to 120.62 in 2025.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 120.62 in Q2 2025, 131.08 in Q1 2025, and 152.82 in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 49.35 |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 4.26 |
| 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 | 1.83 |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 138.10 |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -24.19 |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.25 |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Wex | 4.92 Bn | -486.44 Mn | 393.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 120.62 |
| Mar 31, 2025 | 131.08 |
| Jun 30, 2024 | 152.82 |
| Mar 31, 2024 | 149.55 |
| Dec 31, 2023 | 2.70 |
| Sep 30, 2023 | 3.19 |
| Jun 30, 2023 | 2.95 |
| Mar 31, 2023 | 3.07 |
| Dec 31, 2022 | 1.23 |
| Sep 30, 2022 | 2.70 |
| Jun 30, 2022 | 53.47 |
| Mar 31, 2022 | 4.12 |
| Dec 31, 2021 | 20.64 |
| Sep 30, 2021 | 3.10 |
| Jun 30, 2021 | 36.23 |
| Mar 31, 2021 | 1.52 |
| Dec 31, 2020 | 2.53 |
| Sep 30, 2020 | 0.05 |
| Jun 30, 2020 | 1.00 |
| Mar 31, 2020 | 2.34 |