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 103
Financials
What the data says
At 24.9%, WEX Inc.'s operating margin ranks #38 of 103 in the Financials sector. Operating Margin has fluctuated over the past 10 years, ranging from -5.9% in FY2020 to 26.1% in FY2024.
Based on SEC 10-K filings.
24.9% in FY2025 with a 5-year CAGR of +30.8%.
Remained stable around 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
- +30.8pp
- 10-Year Change
- -
Sector benchmark
#38 of 103 in FinancialsTop 37% of 103This company 24.9% Sector average -47.9%
▼
+152.1% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 4.4% year-over-year.
- Currently 72.9pp above the Financials sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2020.
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% | +2.8% |
| FY2023 | 25.4% | +27.1% |
| FY2022 | 20.0% | +8.2% |
| FY2021 | 18.5% | +414.3% |
| FY2020 | -5.9% | -126.3% |
| FY2019 | 22.4% | -12.2% |
| FY2018 | 25.5% | +36.4% |
| FY2017 | 18.7% | +19.4% |
| FY2016 | 15.7% | -41.5% |
As of FY2025 · SEC 10-K Annual Filings · Updated Mar 28, 2026