Company / Income Tax
WEX Inc. Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$116.1M
FY2025
5-year range
$61.2M / $116.1M
FY2021-FY2025
Trend
+7.3%
vs FY2024
Sector context
#146 of 403
Financials
What the data says
At $116M, WEX Inc.'s income tax ranks #258 of 403 in the Financials sector. Income Tax has fluctuated over the past 10 years, ranging from $15M in FY2019 to $116M in FY2025.
Based on SEC 10-K filings.
$116M in FY2025 with a 5-year CAGR of +11.0%.
Increased from $68M to $116M over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +7.6%
- 5-Year CAGR
- +11.0%
- 10-Year CAGR
- -
Sector benchmark
#258 of 403 in FinancialsTop 64% of 403This company $116.1M Sector average $353.4M
▼
-67.1% below sector average
Key checks
Key Insights
- 5-year CAGR of +11.0%, indicating consistent growth.
- In FY2025, income tax increased 7.3% year-over-year.
- Ranks #146 out of 403 companies in the Financials sector.
- Lowest income tax in the period was in FY2019.
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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $116.1M | +7.3% |
| FY2024 | $108.2M | +59.6% |
| FY2023 | $67.8M | -27.2% |
| FY2022 | $93.1M | +52.1% |
| FY2021 | $61.2M | -11.1% |
| FY2020 | $68.8M | +345.6% |
| FY2019 | $15.4M | -46.0% |
| FY2018 | $28.6M | +85.1% |
| FY2017 | $15.4M | -46.0% |
| FY2016 | $28.6M | -62.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026