WEX Inc. WEX
WEX Inc. (WEX) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2025 revenue was $2.7B at a 11.4% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-29 | Cantor Fitzgerald | Neutral (main) |
| 2026-06-12 | Deutsche Bank | Hold (main) |
| 2026-04-28 | Loop Capital | Buy (init) |
| 2026-04-24 | Morgan Stanley | Equal-Weight (main) |
| 2026-04-23 | Baird | Outperform (main) |
| 2026-04-21 | Morgan Stanley | Equal-Weight (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.03 |
| Retained earnings / assets | 0.165 |
| EBIT / assets | 0.046 |
| Equity / liabilities | 0.094 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| WEX | WEX Inc. | 5/9 | 1.14 | 15 | +1.2% |
| Z | ZILLOW GROUP, INC. | 6/9 | 6.96 | 331.4 | +15.5% |
| CBZ | CBIZ, Inc. | 7/9 | 2.05 | 14.7 | +52.1% |
| ETSY | ETSY INC | 5/9 | -1.05 | 45.4 | +2.7% |
| CNDT | CONDUENT Inc | 1/9 | — | — | -9.4% |
| ALIT | Alight, Inc. / Delaware | 4/9 | -6.53 | — | -3% |
| MSCI | MSCI Inc. | 7/9 | 4.58 | 33.6 | +9.7% |
About WEX Inc.
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. WEX Inc. was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. The company was founded in 1983 and is headquartered in Portland, Maine.
FAQ
Is WEX financially healthy?
WEX Inc.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does WEX pay a dividend?
No, WEX Inc. does not currently pay a dividend.
How profitable is WEX?
In FY2025, WEX Inc. had a net margin of 11.4% and a return on equity of 24.6%.
Is WEX overvalued or undervalued?
WEX Inc. trades at about 22.4× trailing earnings — below its 10-year norm (10-year range 17.8×–200.6×, median 41.1×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for WEX?
The average Wall-Street price target for WEX Inc. is $177.10, about 6.8% below the recent price, from 10 analysts (consensus: buy).
Is WEX a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on WEX Inc.: a Piotroski F-score of 5/9, an Altman Z″ in the grey zone, a P/E of about 15.0×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.