Wex (WEX) Non Operating Investment Income (2012 - 2023)
Wex's (WEX) quarterly Non Operating Investment Income came in at -$7.8 million in Q3 2023, down 133.19% on a YoY basis from $23.5 million in Q3 2022, and down 454.55% quarter-over-quarter from $2.2 million in Q2 2023.
Analysis
Wex (WEX) Non Operating Investment Income (2012 - 2023) Analysis & Trends
Wex (WEX) has reported Non Operating Investment Income for 12 consecutive years, with -$7.8 million the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Non Operating Investment Income fell 133.19% year-over-year to -$7.8 million; the trailing twelve-month figure through Sep 2023 stood at -$27.2 million (down 124.76% YoY), and the FY2022 full-year result was $83.2 million, up 112.26% from the prior year.
- Non Operating Investment Income slipped to -$7.8 million in Q3 2023 per WEX's latest filing, from $2.2 million in the prior quarter.
- Across five years, Non Operating Investment Income topped out at $49.8 million in Q1 2022 and bottomed at -$32.0 million in Q1 2020.
- Historically, Non Operating Investment Income has averaged $2.1 million across 5 years, with a median of $3.8 million in 2020.
- The sharpest annual moves came in 2019 and 2022: Non Operating Investment Income plunged 895.12% in 2019, then surged 608.09% in 2022.
- Over 5 years, Non Operating Investment Income stood at $4.4 million in 2019, then rose by 14.81% to $5.1 million in 2020, then surged by 288.27% to $19.7 million in 2021, then tumbled by 136.09% to -$7.1 million in 2022, then dropped by 9.61% to -$7.8 million in 2023.
- According to Business Quant data, Non Operating Investment Income over the past three periods registered -$7.8 million, $2.2 million, and -$14.5 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.06 Bn | 41.64 Bn | 3.17 Bn | - |
| 2 | PayPal Holdings | 46.74 Bn | 35.48 Bn | - | - |
| 3 | Fiserv | 27.09 Bn | 26.46 Bn | 3.59 Bn | - |
| 4 | Corpay | 26.73 Bn | 19.72 Bn | 1.19 Bn | - |
| 5 | Global Payments | 24.17 Bn | 18.77 Bn | 2.03 Bn | - |
| 6 | Wex | 6.50 Bn | 398.06 Mn | 463.80 Mn | - |
| 7 | Aci Worldwide | 5.28 Bn | 5.11 Bn | 181.57 Mn | - |
| 8 | Paymentus Holdings | 4.47 Bn | 4.09 Bn | 94.31 Mn | - |
| 9 | dLocal | 4.37 Bn | 3.50 Bn | 127.15 Mn | - |
| 10 | Sezzle | 4.00 Bn | 3.92 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -7.80 Mn |
| Jun 30, 2023 | 2.20 Mn |
| Mar 31, 2023 | -14.50 Mn |
| Dec 31, 2022 | -7.12 Mn |
| Sep 30, 2022 | 23.50 Mn |
| Jun 30, 2022 | 16.90 Mn |
| Mar 31, 2022 | 49.80 Mn |
| Dec 31, 2021 | 19.72 Mn |
| Sep 30, 2021 | 6.42 Mn |
| Jun 30, 2021 | 6.01 Mn |
| Mar 31, 2021 | 7.03 Mn |
| Dec 31, 2020 | 5.08 Mn |
| Sep 30, 2020 | 3.77 Mn |
| Jun 30, 2020 | -3.84 Mn |
| Mar 31, 2020 | -32.05 Mn |
| Dec 31, 2019 | 4.42 Mn |
| Sep 30, 2019 | -5.65 Mn |
| Jun 30, 2019 | -21.52 Mn |
| Mar 31, 2019 | -11.91 Mn |
| Dec 31, 2018 | -15.79 Mn |