WEX Inc
WEX151.195USD
-2.585-1.68%
Market hours （ET）Quotes delayed by 15 min
5.19BMarket Cap
19.44P/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.
WEX Inc Info
Ticker SymbolWEX
Company nameWEX Inc
IPO dateFeb 16, 2005
CEOSmith (Melissa D)
Number of employees6500
Security typeOrdinary Share
Fiscal year-endFeb 16
Address1 Hancock Street
CityPORTLAND
Stock exchangeNASDAQ OMX NASDAQ Basic NYSE
CountryUnited States of America
Postal code04101
Phone12077738171
Websitehttps://www.wexinc.com/
Ticker SymbolWEX
IPO dateFeb 16, 2005
CEOSmith (Melissa D)
Company Executives of WEX Inc
Name
Name/Position
Position
Shareholding
Change
Mr. Shikhar Ghosh
Mr. Shikhar Ghosh
Independent Director
Independent Director
49.73K
+1.97%
Mr. Jagtar Narula
Mr. Jagtar Narula
Chief Financial Officer
Chief Financial Officer
16.04K
+2.96%
Mr. Robert Joseph Deshaies
Mr. Robert Joseph Deshaies
Chief Operating Officer, Benefits
Chief Operating Officer, Benefits
15.70K
-8.75%
Mr. Daniel Callahan
Mr. Daniel Callahan
Independent Director
Independent Director
11.29K
+1.49%
Mr. Jack A. Vanwoerkom
Mr. Jack A. Vanwoerkom
Lead Independent Vice Chairman of the Board
Lead Independent Vice Chairman of the Board
10.43K
+10.14%
Mr. Carlos Carriedo
Mr. Carlos Carriedo
Chief Operating Officer, Americas Payments & Mobility
Chief Operating Officer, Americas Payments & Mobility
5.27K
-14.24%
Mr. Sachin Dhawan
Mr. Sachin Dhawan
Chief Technology Officer
Chief Technology Officer
3.87K
+22.45%
Ms. Jennifer Kimball
Ms. Jennifer Kimball
Chief Accounting Officer
Chief Accounting Officer
3.18K
-30.59%
Ms. Sara Trickett
Ms. Sara Trickett
Chief Legal Officer, Corporate Secretary
Chief Legal Officer, Corporate Secretary
1.84K
+6.35%
Ms. Aimee Cardwell
Ms. Aimee Cardwell
Independent Director
Independent Director
1.44K
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Shikhar Ghosh
Mr. Shikhar Ghosh
Independent Director
Independent Director
49.73K
+1.97%
Mr. Jagtar Narula
Mr. Jagtar Narula
Chief Financial Officer
Chief Financial Officer
16.04K
+2.96%
Mr. Robert Joseph Deshaies
Mr. Robert Joseph Deshaies
Chief Operating Officer, Benefits
Chief Operating Officer, Benefits
15.70K
-8.75%
Mr. Daniel Callahan
Mr. Daniel Callahan
Independent Director
Independent Director
11.29K
+1.49%
Mr. Jack A. Vanwoerkom
Mr. Jack A. Vanwoerkom
Lead Independent Vice Chairman of the Board
Lead Independent Vice Chairman of the Board
10.43K
+10.14%
Mr. Carlos Carriedo
Mr. Carlos Carriedo
Chief Operating Officer, Americas Payments & Mobility
Chief Operating Officer, Americas Payments & Mobility
5.27K
-14.24%
Revenue Breakdown
Currency: USDUpdated: Mon, Oct 6
Currency: USDUpdated: Mon, Oct 6
FY2025Q2
FY2025Q1
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
285.30M
43.25%
Account Servicing Revenue
177.80M
26.96%
Other Revenue
116.10M
17.60%
Finance Fee Revenue
80.40M
12.19%
Relevant data have not been disclosed by the company yet.
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
Payment Processing Revenue
285.30M
43.25%
Account Servicing Revenue
177.80M
26.96%
Other Revenue
116.10M
17.60%
Finance Fee Revenue
80.40M
12.19%
Shareholding Stats
Updated: Sun, Nov 16
Updated: Sun, Nov 16
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Janus Henderson Investors
11.27%
The Vanguard Group, Inc.
9.49%
BlackRock Institutional Trust Company, N.A.
7.96%
Atlanta Capital Management Company, L.L.C.
7.00%
Impactive Capital LP
6.40%
Other
57.88%
Shareholders
Shareholders
Proportion
Janus Henderson Investors
11.27%
The Vanguard Group, Inc.
9.49%
BlackRock Institutional Trust Company, N.A.
7.96%
Atlanta Capital Management Company, L.L.C.
7.00%
Impactive Capital LP
6.40%
Other
57.88%
Shareholder Types
Shareholders
Proportion
Investment Advisor
48.25%
Investment Advisor/Hedge Fund
40.39%
Hedge Fund
19.12%
Research Firm
2.10%
Pension Fund
1.68%
Individual Investor
1.15%
Sovereign Wealth Fund
0.91%
Bank and Trust
0.71%
Insurance Company
0.13%
Institutional Shareholding
Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
894
37.86M
110.41%
-5.90M
2025Q2
921
41.94M
122.41%
-671.76K
2025Q1
945
40.88M
119.35%
-2.39M
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
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Janus Henderson Investors
3.87M
11.3%
-141.25K
-3.52%
Jun 30, 2025
The Vanguard Group, Inc.
3.24M
9.46%
+9.66K
+0.30%
Jun 30, 2025
BlackRock Institutional Trust Company, N.A.
2.75M
8.03%
-176.19K
-6.02%
Jun 30, 2025
Atlanta Capital Management Company, L.L.C.
2.40M
7.02%
+265.09K
+12.39%
Jun 30, 2025
Impactive Capital LP
2.40M
6.99%
--
--
Jun 30, 2025
PAR Capital Management, Inc.
1.85M
5.4%
+600.00
+0.03%
Jun 30, 2025
Boston Partners
1.27M
3.7%
+1.27M
--
Jun 30, 2025
State Street Investment Management (US)
1.09M
3.19%
-73.50K
-6.30%
Jun 30, 2025
Fidelity Management & Research Company LLC
901.62K
2.63%
+15.63K
+1.76%
Jun 30, 2025
EARNEST Partners, LLC
897.78K
2.62%
+2.37K
+0.26%
Jun 30, 2025
View more
Related ETFs
Updated: Sat, Dec 6
Updated: Sat, Dec 6
Name
Proportion
Amplify Mobile Payments ETF
2.18%
Schwab Ariel Opportunities ETF
2%
Amplify Cash Flow High Income ETF
1.68%
Amplify Cash Flow Dividend Leaders ETF
1.65%
Capital Group US Small and Mid Cap ETF
1.55%
iShares FinTech Active ETF
1.38%
Fidelity Crypto Industry and Digital Payments ETF
1.19%
Burney US Factor Rotation ETF
0.81%
Hypatia Women CEO ETF
0.71%
Distillate Small/Mid Cash Flow ETF
0.66%
View more
Amplify Mobile Payments ETF
Proportion2.18%
Schwab Ariel Opportunities ETF
Proportion2%
Amplify Cash Flow High Income ETF
Proportion1.68%
Amplify Cash Flow Dividend Leaders ETF
Proportion1.65%
Capital Group US Small and Mid Cap ETF
Proportion1.55%
iShares FinTech Active ETF
Proportion1.38%
Fidelity Crypto Industry and Digital Payments ETF
Proportion1.19%
Burney US Factor Rotation ETF
Proportion0.81%
Hypatia Women CEO ETF
Proportion0.71%
Distillate Small/Mid Cash Flow ETF
Proportion0.66%
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
FAQs
Who are the top five shareholders of WEX Inc?
The top five shareholders of WEX Inc are:
Janus Henderson Investors holds 3.87M shares, accounting for 11.30% of the total shares.
The Vanguard Group, Inc. holds 3.24M shares, accounting for 9.46% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 2.75M shares, accounting for 8.03% of the total shares.
Atlanta Capital Management Company, L.L.C. holds 2.40M shares, accounting for 7.02% of the total shares.
Impactive Capital LP holds 2.40M shares, accounting for 6.99% of the total shares.
Janus Henderson Investors holds 3.87M shares, accounting for 11.30% of the total shares.
The Vanguard Group, Inc. holds 3.24M shares, accounting for 9.46% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 2.75M shares, accounting for 8.03% of the total shares.
Atlanta Capital Management Company, L.L.C. holds 2.40M shares, accounting for 7.02% of the total shares.
Impactive Capital LP holds 2.40M shares, accounting for 6.99% of the total shares.
What are the top three shareholder types of WEX Inc?
The top three shareholder types of WEX Inc are:
Janus Henderson Investors
The Vanguard Group, Inc.
BlackRock Institutional Trust Company, N.A.
Janus Henderson Investors
The Vanguard Group, Inc.
BlackRock Institutional Trust Company, N.A.
How many institutions hold shares of WEX Inc (WEX)?
As of 2025Q3, 894 institutions hold shares of WEX Inc, with a combined market value of approximately 37.86M, accounting for 110.41% of the total shares. Compared to 2025Q2, institutional shareholding has increased by -12.00%.
What is the biggest source of revenue for WEX Inc?
In FY2025Q2, the Payment Processing Revenue business generated the highest revenue for WEX Inc, amounting to 285.30M and accounting for 43.25% of total revenue.
