WEX Profit Margin 2010-2023 | WEX
Current and historical gross margin, operating margin and net profit margin for WEX (WEX) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. WEX net profit margin as of March 31, 2023 is 6%.
| WEX Annual Profit Margins |
| WEX Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Business Services |
Financial Transaction Services |
$7.556B |
$2.351B |
|
WEX Inc. is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare world wide. WEX operates through three business segments: Fleet Solutions, Travel & Corporate Solutions, and Health and Employee Benefit Solutions. Fleet Solutions unit offers customers with fleet vehicle payment processing services, particularly designed for commercial and government fleets and generates revenues from payment processing, account servicing and financing fees. Following the acquisition of European Fleet business, WEX fleet cards are accepted at all ExxonMobil stations throughout Europe. Travel and Corporate Solutions targets the complex payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment and transaction monitoring needs. Health and Employee Benefit Solutions offers healthcare payment products and software-as-a-service consumer directed platforms.
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