Wex (WEX) Return on Invested Capital [ROIC] (2010 - 2026)
Wex (WEX) reported Return on Invested Capital [ROIC] of 7.78% for Q2 2026, up 0.09 percentage points from 7.69% a year earlier and up 0.14 percentage points from the prior quarter.
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Analysis
Wex (WEX) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Wex posted Return on Invested Capital [ROIC] of 8.04%, down 0.77 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +9.79 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 8.80% in FY2024 (-0.49 pp), 9.30% in FY2023 (+2.64 pp), 6.66% in FY2022 (+1.90 pp) and 4.76% in FY2021 (+6.51 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 0.76% in Q3 2021 and a high of 8.78% in Q3 2023.
- Year over year, Return on Invested Capital [ROIC] gained in 1 of the last eight quarters, with an average year-over-year change of -0.32 percentage points.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2022 (a gain of 8.00 percentage points); the low point was Q3 2025 (a drop of 0.75 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.64% (Q1 2026), 7.85% (Q4 2025) and 7.57% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - | 2.41% |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - | 15.87% |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn | 2.04% |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - | 12.44% |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn | 7.03% |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn | 2.37% |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn | 6.58% |
| 10 | Wex | 5.80 Bn | -15.89 Bn | 463.80 Mn | 7.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.78% |
| Mar 31, 2026 | 7.64% |
| Dec 31, 2025 | 7.85% |
| Sep 30, 2025 | 7.57% |
| Jun 30, 2025 | 7.69% |
| Mar 31, 2025 | 8.16% |
| Dec 31, 2024 | 8.39% |
| Sep 30, 2024 | 8.33% |
| Jun 30, 2024 | 7.85% |
| Mar 31, 2024 | 8.27% |
| Dec 31, 2023 | 8.51% |
| Sep 30, 2023 | 8.78% |
| Jun 30, 2023 | 7.15% |
| Mar 31, 2023 | 7.20% |
| Dec 31, 2022 | 6.86% |
| Sep 30, 2022 | 5.02% |
| Jun 30, 2022 | 6.70% |
| Mar 31, 2022 | 5.58% |
| Dec 31, 2021 | 4.80% |
| Sep 30, 2021 | 0.76% |
API Access
Wex Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=WEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();