KPIs & Operating Metrics(New)
Growth Metrics

Wex (WEX) Tax Rate (2016 - 2025)

Wex (WEX) has disclosed Tax Rate for 16 consecutive years, with 23.45% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Tax Rate rose 286.0% year-over-year to 23.45%, compared with a TTM value of 27.63% through Dec 2025, up 176.0%, and an annual FY2025 reading of 27.63%, up 173.0% over the prior year.
  • Tax Rate was 23.45% for Q4 2025 at Wex, down from 31.07% in the prior quarter.
  • Across five years, Tax Rate topped out at 58.56% in Q3 2023 and bottomed at 7.89% in Q2 2021.
  • Average Tax Rate over 5 years is 24.64%, with a median of 27.12% recorded in 2021.
  • Peak annual rise in Tax Rate hit 8697bps in 2021, while the deepest fall reached -31867bps in 2021.
  • Year by year, Tax Rate stood at 50.03% in 2021, then crashed by -42bps to 28.77% in 2022, then fell by -25bps to 21.68% in 2023, then fell by -5bps to 20.6% in 2024, then increased by 14bps to 23.45% in 2025.
  • Business Quant data shows Tax Rate for WEX at 23.45% in Q4 2025, 31.07% in Q3 2025, and 27.01% in Q2 2025.