Wex (WEX) Invested Capital (2009 - 2026)
Wex's (WEX) quarterly Invested Capital came in at $6.7 billion in Q2 2026, up 4.38% on a YoY basis from $6.4 billion in Q2 2025, and up 2.92% quarter-over-quarter from $6.5 billion in Q1 2026.
Analysis
Wex (WEX) Invested Capital (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Invested Capital for 18 consecutive years, with $6.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 4.38% year-over-year to $6.7 billion; the trailing twelve-month figure through Jun 2026 stood at $6.7 billion (up 4.38% YoY), and the FY2025 full-year result was $6.1 billion, up 3.9% from the prior year.
- Invested Capital improved to $6.7 billion in Q2 2026 per WEX's latest filing, from $6.5 billion in the prior quarter.
- Across five years, Invested Capital topped out at $6.7 billion in Q2 2026 and bottomed at $4.4 billion in Q4 2022.
- Historically, Invested Capital has averaged $5.6 billion across 5 years, with a median of $5.9 billion in 2024.
- The sharpest annual moves came in 2022 and 2023: Invested Capital dropped 8.24% in 2022, then jumped 30.06% in 2023.
- Over 5 years, Invested Capital stood at $4.4 billion in 2022, then jumped by 30.06% to $5.7 billion in 2023, then advanced by 3.07% to $5.9 billion in 2024, then climbed by 3.9% to $6.1 billion in 2025, then increased by 9.99% to $6.7 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $6.7 billion, $6.5 billion, and $6.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.06 Bn | 41.64 Bn | 3.17 Bn | 28.34 Bn |
| 2 | PayPal Holdings | 46.74 Bn | 35.48 Bn | - | 35.05 Bn |
| 3 | Fiserv | 27.09 Bn | 26.46 Bn | 3.59 Bn | 54.81 Bn |
| 4 | Corpay | 26.73 Bn | 19.72 Bn | 1.19 Bn | 20.31 Bn |
| 5 | Global Payments | 24.17 Bn | 18.77 Bn | 2.03 Bn | 47.41 Bn |
| 6 | Wex | 6.50 Bn | 398.06 Mn | 463.80 Mn | 6.70 Bn |
| 7 | Aci Worldwide | 5.28 Bn | 5.11 Bn | 181.57 Mn | 2.36 Bn |
| 8 | Paymentus Holdings | 4.47 Bn | 4.09 Bn | 94.31 Mn | - |
| 9 | dLocal | 4.37 Bn | 3.50 Bn | 127.15 Mn | 607.08 Mn |
| 10 | Sezzle | 4.00 Bn | 3.92 Bn | - | 354.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.70 Bn |
| Mar 31, 2026 | 6.51 Bn |
| Dec 31, 2025 | 6.09 Bn |
| Sep 30, 2025 | 6.14 Bn |
| Jun 30, 2025 | 6.42 Bn |
| Mar 31, 2025 | 6.40 Bn |
| Dec 31, 2024 | 5.86 Bn |
| Sep 30, 2024 | 6.26 Bn |
| Jun 30, 2024 | 5.99 Bn |
| Mar 31, 2024 | 5.97 Bn |
| Dec 31, 2023 | 5.69 Bn |
| Sep 30, 2023 | 5.30 Bn |
| Jun 30, 2023 | 4.99 Bn |
| Mar 31, 2023 | 4.59 Bn |
| Dec 31, 2022 | 4.37 Bn |
| Sep 30, 2022 | 4.43 Bn |
| Jun 30, 2022 | 4.75 Bn |
| Mar 31, 2022 | 4.86 Bn |
| Dec 31, 2021 | 4.69 Bn |
| Sep 30, 2021 | 4.83 Bn |