WEX Inc
WEX132.233USD
+2.323+1.79%
Market hours （ET）Quotes delayed by 15 min
5.16BMarket Cap
16.66P/E TTM
More Details of WEX Inc Company
WEX Inc. provides a global commerce platform, which simplifies the business of running a business. The Company has three segments: Mobility, Benefits and Corporate Payments. Its Mobility segment provides payment solutions, transaction processing, and information management services to a diverse customer base globally. Its Benefits segment simplifies employee benefit plan administration through Software as a service (SaaS) software integrated with payment solutions, delivering diverse product offerings including Benefit Administration, HSAs, FSAs, HRAs, COBRA and Direct Billing and compliance administration. Its Corporate Payments segment delivers global B2B payment solutions, including its Direct to Corporate solution that integrates with ERPs and accounting workflows to maximize virtual payment usage, and its Embedded Payments solution that integrates virtual payment capabilities into existing workflows for a range of industries, including online travel.
Company Info
Company codeWEX
Company nameWEX Inc
IPO dateFeb 16, 2005
Founded at1999
CEOMs. Melissa D. Smith
Number of employees6500
Security typeOrdinary Share
Fiscal year-endFeb 16
Address1 Hancock Street
CityPORTLAND
Stock exchangeNYSE Consolidated
CountryUnited States of America
Postal code04101
Phone12077738171
Websitehttps://www.wexinc.com/
Company codeWEX
IPO dateFeb 16, 2005
Founded at1999
Company Executives
Name
Name/Position
Position
Shareholding
Change
Mr. Shikhar Ghosh
Mr. Shikhar Ghosh
Independent Director
Independent Director
48.77K
--
Mr. Robert Joseph Deshaies
Mr. Robert Joseph Deshaies
Chief Operating Officer, Benefits
Chief Operating Officer, Benefits
17.20K
+126.92%
Mr. Jagtar Narula
Mr. Jagtar Narula
Chief Financial Officer
Chief Financial Officer
15.58K
+118.76%
Mr. Daniel Callahan
Mr. Daniel Callahan
Independent Director
Independent Director
9.99K
+1.70%
Mr. Jack A. Vanwoerkom
Mr. Jack A. Vanwoerkom
Lead Independent Vice Chairman of the Board
Lead Independent Vice Chairman of the Board
9.47K
--
Mr. Carlos Carriedo
Mr. Carlos Carriedo
Chief Operating Officer, Americas Payments & Mobility
Chief Operating Officer, Americas Payments & Mobility
5.94K
+769.55%
Ms. Jennifer Kimball
Ms. Jennifer Kimball
Chief Accounting Officer
Chief Accounting Officer
4.58K
+139.76%
Mr. Sachin Dhawan
Mr. Sachin Dhawan
Chief Technology Officer
Chief Technology Officer
3.87K
+22.45%
Ms. Sara Trickett
Ms. Sara Trickett
Chief Legal Officer, Interim Chief People Officer, and Corporate Secretary
Chief Legal Officer, Interim Chief People Officer, and Corporate Secretary
1.73K
+489.12%
Ms. Susan Sobbott
Ms. Susan Sobbott
Independent Director
Independent Director
--
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Shikhar Ghosh
Mr. Shikhar Ghosh
Independent Director
Independent Director
48.77K
--
Mr. Robert Joseph Deshaies
Mr. Robert Joseph Deshaies
Chief Operating Officer, Benefits
Chief Operating Officer, Benefits
17.20K
+126.92%
Mr. Jagtar Narula
Mr. Jagtar Narula
Chief Financial Officer
Chief Financial Officer
15.58K
+118.76%
Mr. Daniel Callahan
Mr. Daniel Callahan
Independent Director
Independent Director
9.99K
+1.70%
Mr. Jack A. Vanwoerkom
Mr. Jack A. Vanwoerkom
Lead Independent Vice Chairman of the Board
Lead Independent Vice Chairman of the Board
9.47K
--
Mr. Carlos Carriedo
Mr. Carlos Carriedo
Chief Operating Officer, Americas Payments & Mobility
Chief Operating Officer, Americas Payments & Mobility
5.94K
+769.55%
Revenue Breakdown
Currency: USDUpdate time: Sun, Apr 6
Currency: USDUpdate time: Sun, Apr 6
FY2024
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022
FY2022Q4
FY2022Q3
FY2022Q2
FY2021
FY2020
FY2019
By BusinessUSD
Name
Revenue
Proportion
Payment Processing Revenue
1.20B
45.68%
Account Servicing Revenue
690.60M
26.28%
Other Revenue
438.90M
16.70%
Finance Fee Revenue
298.20M
11.35%
By RegionUSD
Name
Revenue
Proportion
United States
2.29B
87.12%
International
338.70M
12.89%
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
Payment Processing Revenue
1.20B
45.68%
Account Servicing Revenue
690.60M
26.28%
Other Revenue
438.90M
16.70%
Finance Fee Revenue
298.20M
11.35%
Shareholder
Update time: Thu, Apr 24
Update time: Thu, Apr 24
Shareholder Statistics
Type
Shareholder Statistics
Shareholder
Proportion
Janus Henderson Investors
11.83%
The Vanguard Group, Inc.
11.01%
BlackRock Institutional Trust Company, N.A.
9.52%
Impactive Capital LP
7.55%
PAR Capital Management, Inc.
5.40%
Other
54.69%
Shareholder Statistics
Shareholder
Proportion
Janus Henderson Investors
11.83%
The Vanguard Group, Inc.
11.01%
BlackRock Institutional Trust Company, N.A.
9.52%
Impactive Capital LP
7.55%
PAR Capital Management, Inc.
5.40%
Other
54.69%
Type
Shareholder
Proportion
Investment Advisor/Hedge Fund
54.82%
Investment Advisor
41.76%
Hedge Fund
15.94%
Pension Fund
1.86%
Research Firm
1.46%
Sovereign Wealth Fund
1.45%
Bank and Trust
1.38%
Individual Investor
1.11%
Family Office
0.11%
Institutional Shareholding
Update time: Tue, Mar 4
Update time: Tue, Mar 4
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q1
900
41.25M
106.27%
-3.26M
2024Q4
920
40.62M
104.63%
-4.38M
2024Q3
897
42.30M
103.02%
-1.42M
2024Q2
888
41.21M
98.42%
-3.17M
2024Q1
858
42.01M
100.28%
-2.67M
2023Q4
845
42.01M
98.30%
-3.15M
2023Q3
847
42.13M
98.08%
-4.48M
2023Q2
835
42.50M
99.18%
-4.80M
2023Q1
838
43.02M
100.41%
-4.65M
2022Q4
819
43.42M
99.58%
-5.51M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Janus Henderson Investors
4.05M
10.44%
-111.30K
-2.67%
Dec 31, 2024
The Vanguard Group, Inc.
3.77M
9.71%
-69.34K
-1.81%
Dec 31, 2024
BlackRock Institutional Trust Company, N.A.
3.26M
8.4%
-25.52K
-0.78%
Dec 31, 2024
Impactive Capital LP
2.58M
6.66%
+467.43K
+22.08%
Mar 06, 2025
PAR Capital Management, Inc.
1.85M
4.77%
--
--
Dec 31, 2024
Atlanta Capital Management Company, L.L.C.
1.85M
4.76%
-22.44K
-1.20%
Dec 31, 2024
JP Morgan Asset Management
1.69M
4.35%
+858.38K
+103.34%
Dec 31, 2024
State Street Global Advisors (US)
1.25M
3.21%
+4.11K
+0.33%
Dec 31, 2024
Fidelity Management & Research Company LLC
963.76K
2.48%
-280.62K
-22.55%
Dec 31, 2024
EARNEST Partners, LLC
872.73K
2.25%
+8.78K
+1.02%
Dec 31, 2024
View more
Related ETFs
Update time: Sun, Apr 6
Update time: Sun, Apr 6
Name
Proportion
Amplify Mobile Payments ETF
3.08%
iShares FinTech Active ETF
2.39%
Schwab Ariel ESG ETF
1.7%
Fidelity Crypto Industry and Digital Payments ETF
1.48%
Distillate Small/Mid Cash Flow ETF
1.23%
PGIM Jennison Focused Mid-Cap ETF
1.21%
Hypatia Women CEO ETF
0.77%
Distillate US Fundamental Stability & Value ETF
0.66%
Pacer Lunt MidCap Multi-Factor Alternator ETF
0.55%
Nuveen ESG Small-Cap ETF
0.53%
View more
Amplify Mobile Payments ETF
Proportion3.08%
iShares FinTech Active ETF
Proportion2.39%
Schwab Ariel ESG ETF
Proportion1.7%
Fidelity Crypto Industry and Digital Payments ETF
Proportion1.48%
Distillate Small/Mid Cash Flow ETF
Proportion1.23%
PGIM Jennison Focused Mid-Cap ETF
Proportion1.21%
Hypatia Women CEO ETF
Proportion0.77%
Distillate US Fundamental Stability & Value ETF
Proportion0.66%
Pacer Lunt MidCap Multi-Factor Alternator ETF
Proportion0.55%
Nuveen ESG Small-Cap ETF
Proportion0.53%
Dividend
A total of
0.00
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
No Data
Stock Split
Date
Type
Ratio
No Data
Date
Type
Ratio
No Data