Wex Gross Profit from 2010 to 2024

WEX Stock  USD 211.26  7.44  3.40%   
Wex Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 1.1 M in 2024. Gross Profit is the profit Wex Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2003-12-31
Previous Quarter
373.3 M
Current Value
360.7 M
Quarterly Volatility
123.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wex main balance sheet or income statement drivers, such as Depreciation And Amortization of 290 M, Interest Expense of 165 M or Selling General Administrative of 761.3 M, as well as many exotic indicators such as Price To Sales Ratio of 4.66, Dividend Yield of 0.33 or PTB Ratio of 4.55. Wex financial statements analysis is a perfect complement when working with Wex Valuation or Volatility modules.
  
This module can also supplement Wex's financial leverage analysis and stock options assessment as well as various Wex Technical models . Check out the analysis of Wex Correlation against competitors.

Latest Wex's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Wex Inc over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Wex's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wex's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.73 B10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Wex Gross Profit Regression Statistics

Arithmetic Mean599,158,933
Geometric Mean253,527,519
Coefficient Of Variation70.92
Mean Deviation347,913,920
Median463,687,000
Standard Deviation424,944,708
Sample Variance180578T
Range1.4B
R-Value0.29
Mean Square Error178496.2T
R-Squared0.08
Significance0.30
Slope27,231,925
Total Sum of Squares2528092.1T

Wex Gross Profit History

20241.1 M
20231.2 M
20221.4 B
20211.1 B
2020886.7 M
20191.1 B
2018944.7 M

Other Fundumenentals of Wex Inc

Wex Gross Profit component correlations

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Click cells to compare fundamentals

About Wex Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Wex income statement, its balance sheet, and the statement of cash flows. Wex investors use historical funamental indicators, such as Wex's Gross Profit, to determine how well the company is positioned to perform in the future. Although Wex investors may use each financial statement separately, they are all related. The changes in Wex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Wex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Wex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Wex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit1.2 M1.1 M
Gross Profit Margin 0.59  0.75 

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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 the analysis of Wex Correlation against competitors.
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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.
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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
6.15
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.