Company / Operating Margin
WEX Inc. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
24.9%
FY2025
5-year range
18.5% / 26.1%
FY2021-FY2025
Trend
-4.4%
vs FY2024
Sector context
#38 of 105
Financials
What the data says
At 24.9%, WEX Inc.'s operating margin ranks #38 of 105 in the Financials sector. Operating Margin has fluctuated over the past 10 years, ranging from 15.7% in FY2018 to 26.1% in FY2024.
Based on SEC 10-K filings.
24.9% in FY2025 with a 5-year CAGR of -0.6%.
Improved from 18.5% to 24.9% over the past 2 years.
Financials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +5.0pp
- 5-Year Change
- -0.6pp
- 10-Year Change
- -
Sector benchmark
#38 of 105 in FinancialsTop 36% of 105This company 24.9% Sector average -49.0%
▼
+151.0% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 4.4% year-over-year.
- Currently 73.9pp above the Financials sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2018.
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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 24.9% | -4.4% |
| FY2024 | 26.1% | +41.3% |
| FY2023 | 18.5% | -7.6% |
| FY2022 | 20.0% | -10.7% |
| FY2021 | 22.4% | -12.2% |
| FY2020 | 25.5% | +36.4% |
| FY2019 | 18.7% | +19.4% |
| FY2018 | 15.7% | -16.3% |
| FY2017 | 18.7% | +19.4% |
| FY2016 | 15.7% | -41.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026