Technology - Software - Infrastructure - NYSE - US
$ 179.08
-1.01 %
$ 7.12 B
Market Cap
22.64
P/E
INCOME STATEMENT
2.55 B
REVENUE
647 M
OPERATING INCOME
267 M
NET INCOME
EFFICIENCY
Earnings Waterfall
WEX Inc.
| Revenue | 2.55 B |
| Cost Of Revenue | 1.06 B |
| Gross Profit | 1.49 B |
| Operating Expenses | 928 M |
| Operating Income | 647 M |
| Other Expenses | 380 M |
| Net Income | 267 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||
| Revenue | 2 548.0 | 2 350.5 | 1 850.5 | 1 559.9 | 1 723.7 | 1 492.6 | 1 250.5 | 1 018.5 | 854.6 | 817.6 | 717.5 | 623.2 | 553.1 | 390.4 | 318.2 | 393.6 | 336.1 | 291.2 | 241.3 | 189.1 | 156.9 | 126.6 | 122.2 |
| GROSS PROFIT | |||||||||||||||||||||||
| Cost Of Revenue | 1 055.3 | 930.5 | 702.1 | 673.2 | 659.8 | 547.9 | 510.1 | 505.1 | 401.9 | 359.3 | 292.4 | 257.2 | 89.4 | 61.7 | 105.6 | 90.5 | 89.2 | 31.2 | 5.9 | 0 | 0 | 0 | 20.6 |
| Gross Profit | 1 492.7 | 1 420.1 | 1 148.4 | 886.7 | 1 063.9 | 944.7 | 740.5 | 513.4 | 452.8 | 458.4 | 425.0 | 365.9 | 463.7 | 328.7 | 212.6 | 303.1 | 246.9 | 260.0 | 235.5 | 189.1 | 156.9 | 126.6 | 101.6 |
| OPERATING INCOME | |||||||||||||||||||||||
| Operating Expenses | 927.6 | 813.7 | 806.4 | 716.1 | 678.1 | 558.4 | 478.0 | 310.8 | 216.2 | 179.6 | 148.3 | 144.3 | 224.9 | 172.6 | 81.2 | 232.2 | 94.8 | 124.9 | 120.2 | 92.8 | 88.6 | 0 | 88.7 |
| Selling, General and Administrative Expenses | 845.6 | 655.7 | 646.0 | 558.8 | 535.7 | 438.6 | 348.4 | 65.1 | 54.9 | 48.6 | 43.0 | 21.3 | 116.4 | 96.0 | 8.7 | 23.4 | 37.0 | 71.7 | 110.3 | 85.4 | 81.3 | 0 | 655.7 |
| Research and Development Expenses | 0 | 78.0 | 74.2 | 72.4 | 57.8 | 38.6 | 32.6 | 27.6 | 20.3 | 18.7 | 18.8 | 20.7 | 0 | 0 | 9.3 | 8.5 | 8.7 | 7.8 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 647.1 | 469.8 | 342.0 | 171.1 | 385.8 | 380.6 | 239.3 | 195.1 | 228.8 | 306.2 | 276.7 | 221.6 | 233.3 | 150.7 | 118.2 | 161.4 | 152.1 | 135.1 | 121.1 | 96.3 | 68.4 | 126.6 | 33.4 |
| PRE-TAX INCOME | |||||||||||||||||||||||
| Interest Income Expense | 204.6 | 130.7 | 128.4 | 157.1 | 134.7 | 105.0 | 107.1 | 113.4 | 46.2 | 36.0 | 29.4 | 10.4 | 17.1 | 10.7 | 19.5 | 46.9 | (12.7) | (14.4) | (13.0) | 0 | 0 | 0 | (130.7) |
| Total Other Income | (278.3) | (209.3) | (138.1) | (472.1) | (169.3) | (142.0) | (64.9) | (106.8) | (43.9) | (4.6) | (38.3) | (15.4) | (24.7) | (5.6) | 107.1 | 34.3 | 11.0 | (18.6) | (78.7) | (12.1) | (11.4) | (86.5) | (33.4) |
| Pre-Tax Income | 368.8 | 260.5 | 203.9 | (301.1) | 216.5 | 238.6 | 178.7 | 87.1 | 184.9 | 301.6 | 238.4 | 206.2 | 208.6 | 145.1 | 225.2 | 195.8 | 163.1 | 116.5 | 27.9 | 84.2 | 56.9 | 40.1 | 260.5 |
| NET INCOME | |||||||||||||||||||||||
| Tax Provision | 102.2 | 93.1 | 67.8 | (20.6) | 61.2 | 68.8 | 19.5 | 29.6 | 75.3 | 101.6 | 90.1 | 109.5 | 75.0 | 57.5 | 85.6 | 68.1 | 111.6 | 41.9 | 9.2 | 32.9 | 22.3 | 15.7 | 93.1 |
| Net Income | 266.6 | 201.4 | 136.1 | (280.5) | 155.3 | 168.3 | 160.3 | 60.6 | 101.9 | 202.2 | 149.2 | 96.9 | 133.6 | 87.6 | 139.7 | 127.6 | 51.6 | 74.6 | 18.7 | 51.2 | 34.6 | 24.4 | 18.7 |
| EPS | 6.23 | 4.54 | 3.04 | 6.4 | 3.59 | 3.9 | 3.73 | 1.49 | 2.63 | 5.2 | 3.83 | 2.5 | 3.45 | 2.28 | 3.65 | 3.28 | 1.29 | 1.85 | 0.46 | 1.27 | 0.86 | 0.61 | 0.47 |