WEX
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. WEX's past years’ income statements indicate that its last revenue has increased compared to the previous period by 8% to $2,548,000,000. The net income raised on $266,600,000 and profit margin reached 10%. Total operating expenses were $839,000,000.
Profit Margin
| 2014 | 817.64M | 202.21M | 24.73% |
|---|---|---|---|
| 2015 | 854.63M | 101.90M | 11.92% |
| 2016 | 1.01B | 60.63M | 5.95% |
| 2017 | 1.25B | 160.26M | 12.82% |
| 2018 | 1.49B | 168.29M | 11.27% |
| 2019 | 1.72B | 155.29M | 9.01% |
| 2020 | 1.55B | -280.48M | -17.98% |
| 2021 | 1.85B | 136.13M | 7.36% |
| 2022 | 2.35B | 201.4M | 8.57% |
| 2023 | 2.54B | 266.6M | 10.46% |
WEX Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.54B | 2.35B | 1.85B | 1.55B | 1.72B | 1.49B | 1.25B | 1.01B | 854.63M | 817.64M |
Cost of revenue | 1.05B | 930.45M | 702.10M | 673.17M | 659.77M | 547.92M | 510.05M | 505.08M | 401.86M | 359.26M |
Gross profit | 1.49B | 1.42B | 1.14B | 886.69M | 1.06B | 944.71M | 740.48M | 513.37M | 452.77M | 458.38M |
Operating exp. | ||||||||||
Research and development | 0 | 77.99M | 74.18M | 72.36M | 57.82M | 38.63M | 32.58M | 27.58M | 20.31M | 18.66M |
Selling and marketing | 327.8M | 311.83M | 319.07M | 266.68M | 259.86M | 229.23M | 163.65M | 20.46M | 17.40M | 15.74M |
Total operating expenses | 839M | 813.73M | 806.43M | 716.12M | 678.08M | 558.42M | 478.00M | 310.76M | 216.18M | 179.63M |
Operating income | 647.1M | 469.84M | 342M | 171.05M | 385.84M | 380.63M | 239.27M | 195.12M | 228.79M | 306.23M |
Other income (expenses), net | -278.3M | -209.29M | -138.05M | -472.13M | -169.32M | -42.64M | -64.85M | -2.09M | -43.88M | -4.59M |
Income before tax | 368.8M | 260.54M | 203.94M | -301.08M | 216.51M | 238.61M | 178.69M | 87.10M | 184.90M | 301.63M |
Income tax expense | 102.2M | 93.08M | 67.80M | -20.59M | 61.22M | 68.84M | 19.52M | 29.62M | 75.29M | 101.62M |
Net income | 266.6M | 201.4M | 136.13M | -280.48M | 155.29M | 168.29M | 160.26M | 60.63M | 101.90M | 202.21M |
Earnings per share | ||||||||||
Basic EPS | 6.23 | 4.54 | 3.04 | -6.4 | 3.59 | 3.9 | 3.73 | 1.49 | 2.63 | 5.2 |
Diluted EPS | 6.16 | 4.5 | 3 | -6.4 | 3.55 | 3.86 | 3.73 | 1.48 | 2.62 | 5.18 |
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