Wex (WEX) Price to Sales (2010 - 2026)
Wex's (WEX) Price to Sales stood at 1.73 in Q2 2026, down 10.6% from 1.94 a year earlier and down 11.9% from the prior quarter.
Analysis
Wex (WEX) Price to Sales (2010 - 2026) Analysis & Trends
For FY2025, Wex's Price to Sales came in at 1.92, down 26.2% from FY2024.
- Across earlier years, Price to Sales came in at 2.60 in FY2024 (-18.7%), 3.20 in FY2023 (+6.4%), 3.01 in FY2022 (-11.6%) and 3.40 in FY2021 (-41.0%).
- The Q2 2026 figure is the lowest quarterly Price to Sales in data going back to Q1 2010.
- On a year-over-year basis, Price to Sales has declined for nine consecutive quarters, with an average decline of 21.6% over the last eight quarters.
- Peak year-over-year performance for Price to Sales in the last five years was growth of 27.7% in Q3 2023, against a decline of 46.5% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.97 (Q1 2026), 1.92 (Q4 2025) and 2.06 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn |
| 10 | Wex | 5.79 Bn | -15.90 Bn | 463.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.73 |
| Mar 31, 2026 | 1.97 |
| Dec 31, 2025 | 1.92 |
| Sep 30, 2025 | 2.06 |
| Jun 30, 2025 | 1.94 |
| Mar 31, 2025 | 2.06 |
| Dec 31, 2024 | 2.60 |
| Sep 30, 2024 | 3.14 |
| Jun 30, 2024 | 2.78 |
| Mar 31, 2024 | 3.84 |
| Dec 31, 2023 | 3.20 |
| Sep 30, 2023 | 3.21 |
| Jun 30, 2023 | 3.16 |
| Mar 31, 2023 | 3.22 |
| Dec 31, 2022 | 3.01 |
| Sep 30, 2022 | 2.51 |
| Jun 30, 2022 | 3.31 |
| Mar 31, 2022 | 4.10 |
| Dec 31, 2021 | 3.40 |
| Sep 30, 2021 | 4.51 |
API Access
Wex Price to Sales API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-sales&ticker=WEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "ticker": "WEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-sales&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();