Wex (WEX) Tax Rate (2009 - 2026)

Wex (WEX) has reported Tax Rate for 18 consecutive years, with 27.84% the latest figure, recorded in Q2 2026.

• Quarterly Tax Rate rose 86.0% year-over-year to 27.84% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 27.75% (up 154.0% YoY) and the FY2025 annual result came in at 27.63%, up 173.0% from the prior year.
• Tax Rate retreated to 27.84% in Q2 2026 per WEX's latest filing, from 28.39% in the prior quarter.
• Over the last five years, Tax Rate for WEX reached as high as 58.56% in Q3 2023 and fell as low as 1.85% in Q3 2022.
• A 5-year average of 27.08% and a median of 27.63% in 2024 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2023 — Tax Rate jumped 6041 bps — and 2024, when it tumbled 3149 bps.
• Year by year, Tax Rate stood at 28.78% in 2022, then dropped by 25 bps to 21.68% in 2023, then dropped by 5 bps to 20.6% in 2024, then rose by 14 bps to 23.45% in 2025, then rose by 19 bps to 27.84% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 27.84%, 28.39%, and 23.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.