Wex Historical Income Statement
WEX Stock | USD 194.88 2.36 1.23% |
Historical analysis of Wex income statement accounts such as Depreciation And Amortization of 290 M, Interest Expense of 165 M, Selling General Administrative of 761.3 M or Selling And Marketing Expenses of 344.2 M can show how well Wex Inc performed in making a profits. Evaluating Wex income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Wex's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Wex Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Wex Inc is a good buy for the upcoming year.
Wex |
About Wex Income Statement Analysis
Wex Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Wex shareholders. The income statement also shows Wex investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Wex Income Statement Chart
Wex Inc Income Statement is one of the three primary financial statements used for reporting Wex's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Wex Inc revenue and expense. Wex Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Wex's Minority Interest is fairly stable compared to the past year. Interest Income is likely to rise to about 126.8 M in 2024, whereas Total Revenue is likely to drop slightly above 1.1 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Wex Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Wex Inc minus its cost of goods sold. It is profit before Wex operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Wex Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Wex Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Wex income statement and is an important metric when analyzing Wex Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Wex's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Wex Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Wex's Minority Interest is fairly stable compared to the past year. Interest Income is likely to rise to about 126.8 M in 2024, whereas Total Revenue is likely to drop slightly above 1.1 M in 2024.
2021 | 2023 | 2024 (projected) | Interest Expense | 128.4M | 157.2M | 165.0M | Depreciation And Amortization | 164.1M | 276.2M | 290.0M |
Wex income statement Correlations
Click cells to compare fundamentals
Wex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Wex income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 143.3M | 157.3M | 164.1M | 294.5M | 276.2M | 290.0M | |
Interest Expense | 105.0M | 134.7M | 157.1M | 128.4M | 157.2M | 165.0M | |
Selling General Administrative | 209.3M | 275.8M | 292.1M | 326.9M | 725.0M | 761.3M | |
Selling And Marketing Expenses | 229.2M | 259.9M | 266.7M | 319.1M | 327.8M | 344.2M | |
Total Revenue | 1.7B | 1.6B | 1.9B | 2.4B | 1.2M | 1.1M | |
Gross Profit | 1.1B | 886.7M | 1.1B | 1.4B | 1.2M | 1.1M | |
Other Operating Expenses | 1.3B | 1.4B | 1.5B | 1.7B | 1.9B | 2.0B | |
Operating Income | 385.8M | 171.1M | 342M | 469.8M | 14.8M | 14.1M | |
Ebit | 385.8M | 171.1M | 342M | 469.8M | 14.8M | 14.1M | |
Ebitda | 529.2M | 328.4M | 506.1M | 764.3M | 14.8M | 14.1M | |
Cost Of Revenue | 659.8M | 673.2M | 702.1M | 930.5M | 969.2M | 1.0B | |
Total Operating Expenses | 678.1M | 716.1M | 806.4M | 813.7M | 1.9B | 2.0B | |
Income Before Tax | 238.6M | 216.5M | (301.1M) | 203.9M | 14.8M | 14.1M | |
Total Other Income Expense Net | (42.6M) | (169.3M) | (472.1M) | (138.1M) | (101.8M) | (96.7M) | |
Net Income | 155.3M | (280.5M) | 136.1M | 201.4M | 14.8M | 14.1M | |
Income Tax Expense | 68.8M | 61.2M | (20.6M) | 67.8M | 102.2M | 67.5M | |
Net Income Applicable To Common Shares | 99.0M | (243.6M) | 137K | 201.4M | 231.7M | 243.2M | |
Research Development | 57.8M | 72.4M | 74.2M | 78.0M | 78.7M | 82.6M | |
Net Income From Continuing Ops | 155.3M | (280.5M) | 136.1M | 167.5M | 270.4M | 283.9M | |
Non Recurring | 112.5M | (66.5M) | 53.4M | 40.1M | 46.1M | 33.4M | |
Non Operating Income Net Other | (39.6M) | 6K | (25.3M) | (12.3M) | (11.1M) | (10.5M) | |
Minority Interest | (1.0M) | 3.5M | (136.0M) | 34.0M | 77K | 80.9K | |
Tax Provision | 61.2M | (20.6M) | 67.8M | 93.1M | 114.5M | 62.2M | |
Interest Income | 170.3M | 209.9M | 101.6M | 70.2M | 80.7M | 126.8M | |
Net Interest Income | (134.7M) | (157.1M) | (128.4M) | (130.7M) | (157.2M) | (165.0M) | |
Reconciled Depreciation | 237.1M | 261.9M | 160.5M | 158.0M | 267.1M | 233.8M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Wex Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wex Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wex Inc Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wex Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Wex Inc information on this page should be used as a complementary analysis to other Wex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Wex Stock analysis
When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |
Is Wex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wex. If investors know Wex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share 6.22 | Revenue Per Share 60.946 | Quarterly Revenue Growth 0.067 | Return On Assets 0.0305 |
The market value of Wex Inc is measured differently than its book value, which is the value of Wex that is recorded on the company's balance sheet. Investors also form their own opinion of Wex's value that differs from its market value or its book value, called intrinsic value, which is Wex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wex's market value can be influenced by many factors that don't directly affect Wex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.