WEX Inc. WEX NYSE

NYSE • Technology • Software - Infrastructure • US • USD

SharesGrow Score

54/100

2/7 Pass

SharesGrow Intrinsic Value

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

WEX Inc. (WEX) generated $294.7M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $38.4M, free cash flow was $256.3M.

Free cash flow margin was 38.1% of revenue. Cash conversion ratio was 3.5x, indicating earnings are backed by cash.

Criteria supported by this page:

HEALTH (17/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (59/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
INCOME (55/100) — Cash conversion ratio was 3.5x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 54/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

54/100

SG Score

View full scorecard →

VALUE

55/100

Price-to-Earnings & upside

→ Valuation

✗

FUTURE

26/100

Analyst consensus

→ Forecast

✓

PAST

100/100

→ Income

✗

HEALTH

17/100

Debt-to-Equity & liquidity

Proven by this page

MOAT

59/100

Proven by this page

✓

GROWTH

63/100

→ Income

INCOME

55/100

→ Income

WEX Inc. Cash Flow History

Metric	TTM	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Operating Cash Flow	$454.3M	$294.7M	$376.6M	$264.6M	$-481.6M
Capital Expenditure	$-140.6M	$-38.4M	$-35M	$-34.6M	$-32.6M
Free Cash Flow	$313.7M	$256.3M	$341.6M	$230M	$-514.2M