Wex (WEX) Times Interest Earned (2009 - 2026)
Wex's Times Interest Earned was 3.89 in Q2 2026, down 28.7% from 5.46 a year earlier but up 31.9% from the prior quarter.
Wex (WEX) Times Interest Earned (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wex's Times Interest Earned was 3.11 through Jun 30, 2026, down 21.4% year-over-year; for FY2025, it came in at 2.76, down 58.2% from FY2024.
- Times Interest Earned has now declined for four consecutive years.
- In earlier years, Times Interest Earned was 6.60 in FY2024 (-14.1%), 7.69 in FY2023 (-66.3%), 22.81 in FY2022 (-38.7%) and 37.17 in FY2021.
- Quarterly Times Interest Earned has moved between 1.24 (Q4 2021) and 53.47 (Q2 2022) over five years.
- Compared with a year earlier, Times Interest Earned was higher in 1 of the last eight quarters, with an average decline of 28.0%.
- The best year-over-year quarter for Times Interest Earned over five years was Q3 2023 (growth of 156.4%); the worst was Q2 2023 (a decline of 84.7%).
- Per Business Quant data, WEX's Times Interest Earned in the three quarters before Q2 2026 was 2.95 (Q1 2026), 2.83 (Q4 2025) and 2.88 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | -5.04 |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | - |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | - |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | -25.36 |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 4.12 |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 2.70 |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | 1.21 |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 18.55 |
| 10 | Wex | 5.88 Bn | -15.81 Bn | 463.80 Mn | 3.89 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.89 |
| Mar 31, 2026 | 2.95 |
| Dec 31, 2025 | 2.83 |
| Sep 30, 2025 | 2.88 |
| Jun 30, 2025 | 5.46 |
| Mar 31, 2025 | 6.53 |
| Dec 31, 2024 | 2.74 |
| Sep 30, 2024 | 3.36 |
| Jun 30, 2024 | 6.57 |
| Mar 31, 2024 | 7.00 |
| Dec 31, 2023 | 5.96 |
| Sep 30, 2023 | 6.91 |
| Jun 30, 2023 | 8.17 |
| Mar 31, 2023 | 12.05 |
| Dec 31, 2022 | 21.54 |
| Sep 30, 2022 | 2.70 |
| Jun 30, 2022 | 53.47 |
| Mar 31, 2022 | 53.17 |
| Dec 31, 2021 | 1.24 |
| Sep 30, 2021 | 2.91 |
Wex Times Interest Earned 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=times-interest-earned&ticker=WEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();