Wex (WEX) Non Operating Investment Income (2012 - 2023)
Wex (WEX) posted quarterly Non Operating Investment Income of -$7.8 million for Q3 2023, down 133.19% year-on-year from $23.5 million in Q3 2022, and down 454.55% on a QoQ basis from $2.2 million in Q2 2023.
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.
- Quarterly Non Operating Investment Income fell 133.19% year-over-year to -$7.8 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was -$27.2 million (down 124.76% YoY) and the FY2022 annual result came in at $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.
- Over the last five years, Non Operating Investment Income for WEX reached as high as $49.8 million in Q1 2022 and fell as low as -$32.0 million in Q1 2020.
- A 5-year average of $2.1 million and a median of $3.8 million in 2020 frame the typical range for Non Operating Investment Income.
- Annual changes were most pronounced in 2019 — Non Operating Investment Income slumped 895.12% — and 2022, when it surged 608.09%.
- Year by year, Non Operating Investment Income stood at $4.4 million in 2019, then gained by 14.81% to $5.1 million in 2020, then soared by 288.27% to $19.7 million in 2021, then slumped by 136.09% to -$7.1 million in 2022, then declined 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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Investment Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 1.65 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | - |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 377.00 Mn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | - |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | - |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | - |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | - |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | - |
| 10 | Wex | 6.38 Bn | 274.53 Mn | 463.80 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -7.80 Mn |
| Sep 30, 2023 | -7.80 Mn |
| Jun 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 2.20 Mn |
| Mar 31, 2023 | -14.50 Mn |
| Mar 31, 2023 | -14.50 Mn |
| Dec 31, 2022 | -7.12 Mn |
| Dec 31, 2022 | -7.12 Mn |
| Sep 30, 2022 | 23.50 Mn |
| Sep 30, 2022 | 23.50 Mn |
| Jun 30, 2022 | 16.90 Mn |
| Jun 30, 2022 | 16.90 Mn |
| Mar 31, 2022 | 49.80 Mn |
| Mar 31, 2022 | 49.80 Mn |
| Dec 31, 2021 | 19.72 Mn |
| Dec 31, 2021 | 19.72 Mn |
| Sep 30, 2021 | 6.42 Mn |
| Sep 30, 2021 | 6.42 Mn |
| Jun 30, 2021 | 6.01 Mn |
| Jun 30, 2021 | 6.01 Mn |