Company / Goodwill
WEX Inc. Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$3.0B
FY2025
5-year range
$2.7B / $3.0B
FY2021-FY2025
Trend
+1.1%
vs FY2024
Sector context
#57 of 320
Financials
What the data says
WEX Inc.'s goodwill of $3.0B is higher than 82% of companies in the Financials sector (FY2025). Goodwill has fluctuated over the past 10 years, ranging from $1.8B in FY2018 to $3.0B in FY2023.
Based on SEC 10-K filings.
$3.0B in FY2025 with a 5-year CAGR of +2.3%. Top quartile in the Financials sector.
Remained stable around $3.0B over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +3.4%
- 5-Year CAGR
- +2.3%
- 10-Year CAGR
- -
Sector benchmark
Top 18% in FinancialsTop 18% of 320This company $3.0B Sector average $2.9B
▼
+2.5% above sector average
Key checks
Key Insights
- 5-year CAGR of +2.3%, indicating consistent growth.
- In FY2025, goodwill increased 1.1% year-over-year.
- Ranks #57 out of 320 companies in the Financials sector.
- Peak goodwill was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 0.53 (distress zone, below 1.8 threshold)
- Strong return on equity: 25.4%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.0B | +1.1% |
| FY2024 | $3.0B | -1.1% |
| FY2023 | $3.0B | +10.5% |
| FY2022 | $2.7B | -6.2% |
| FY2021 | $2.9B | +8.2% |
| FY2020 | $2.7B | +10.1% |
| FY2019 | $2.4B | +33.2% |
| FY2018 | $1.8B | -2.3% |
| FY2017 | $1.9B | +2.1% |
| FY2016 | $1.8B | +65.2% |
As of FY2025 · SEC 10-K Annual Filings · Updated Mar 28, 2026