KPIs & Operating Metrics(New)
Growth Metrics

WEX (WEX) Tax Rate: 2009-2024

Historic Tax Rate for WEX (WEX) over the last 16 years, with Dec 2024 value amounting to 25.90%.

  • WEX's Tax Rate rose 403.00% to 31.10% in Q3 2025 from the same period last year, while for Sep 2025 it was 27.35%, marking a year-over-year increase of 155.00%. This contributed to the annual value of 25.90% for FY2024, which is 181.00% down from last year.
  • As of FY2024, WEX's Tax Rate stood at 25.90%, which was down 6.55% from 27.71% recorded in FY2023.
  • In the past 5 years, WEX's Tax Rate ranged from a high of 35.74% in FY2022 and a low of 6.84% during FY2020.
  • In the last 3 years, WEX's Tax Rate had a median value of 27.71% in 2023 and averaged 29.78%.
  • Per our database at Business Quant, WEX's Tax Rate tumbled by 2,144bps in 2020 and then soared by 2,641bps in 2021.
  • Over the past 5 years, WEX's Tax Rate (Yearly) stood at 6.84% in 2020, then skyrocketed by 2,641bps to 33.25% in 2021, then spiked by 249bps to 35.74% in 2022, then plummeted by 803bps to 27.71% in 2023, then slumped by 181bps to 25.90% in 2024.