Wex (WEX) Return on Capital Employed [ROCE] (2017 - 2026)
Wex (WEX) reported Return on Capital Employed [ROCE] of 15.26% for Q2 2026, up 1.41 percentage points from 13.85% a year earlier and up 1.10 percentage points from the prior quarter.
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Analysis
Wex (WEX) Return on Capital Employed [ROCE] (2017 - 2026) Analysis & Trends
For FY2025, Wex posted Return on Capital Employed [ROCE] of 14.51%, up 1.50 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of +16.18 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 13.01% in FY2024 (-2.45 pp), 15.46% in FY2023 (+5.30 pp), 10.16% in FY2022 (+3.10 pp) and 7.06% in FY2021 (+8.73 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] in data going back to Q4 2017.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last three quarters, with an average year-over-year change of +0.48 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2022 (a gain of 10.45 percentage points); the low point was Q3 2021 (a drop of 3.22 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.16% (Q1 2026), 12.94% (Q4 2025) and 12.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.93 Bn | 6.74 Bn | - | 3.03% |
| 2 | PayPal Holdings | 45.74 Bn | 3.96 Bn | - | 17.89% |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 4.02% |
| 4 | Iren | 30.93 Bn | 18.53 Bn | 103.89 Mn | -11.25% |
| 5 | Corpay | 25.61 Bn | 15.81 Bn | - | 20.94% |
| 6 | Fiserv | 24.13 Bn | 20.83 Bn | 2.90 Bn | 8.26% |
| 7 | Global Payments | 21.34 Bn | -222.16 Mn | 2.03 Bn | 2.55% |
| 8 | Bitmine Immersion Technologies | 15.51 Bn | 12.89 Bn | 40.81 Mn | -82.57% |
| 9 | Guidewire Software | 12.73 Bn | 9.30 Bn | 269.68 Mn | 7.92% |
| 10 | Wex | 5.78 Bn | -15.91 Bn | 463.80 Mn | 15.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.26% |
| Mar 31, 2026 | 14.16% |
| Dec 31, 2025 | 12.94% |
| Sep 30, 2025 | 12.36% |
| Jun 30, 2025 | 13.85% |
| Mar 31, 2025 | 13.91% |
| Dec 31, 2024 | 12.91% |
| Sep 30, 2024 | 12.76% |
| Jun 30, 2024 | 12.65% |
| Mar 31, 2024 | 12.72% |
| Dec 31, 2023 | 12.05% |
| Sep 30, 2023 | 13.50% |
| Jun 30, 2023 | 10.42% |
| Mar 31, 2023 | 10.85% |
| Dec 31, 2022 | 8.66% |
| Sep 30, 2022 | 7.42% |
| Jun 30, 2022 | 9.26% |
| Mar 31, 2022 | 7.43% |
| Dec 31, 2021 | 6.21% |
| Sep 30, 2021 | 0.63% |
API Access
Wex Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=WEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();