OakChart

WEX Inc

WEXTechnology·Software - Infrastructure·USA·Mid·NYSE·Nov 11 • 12:20 PM ET

182.07+1.56 (0.86%)
2026-11-11 18:21 CET
Market cap
5,932.28 USD m
Revenue, TTM
2,880.30 USD m
Net income, TTM
404.50 USD m
Free cash flow, TTM
-291.30 USD m
EPS diluted, TTM
11.61
P/E
15.68
Compare

Price

WEX against its 20, 50 and 200-day averages
2050200beatmiss
140.00160.00180.00200.001.1M2.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26WEXclose 182.0720-day 185.2250-day 183.64200-day 165.40182.0752w high52w low

10.7% under the 52-week high of 203.99 on 24 Aug 2026. 52-week low 125.29 on 18 Jun 2026. Last 15 sessions, 12.9% high to low

Profile

WEX
52-week range, 72% of the way up
125.29203.99

WEX, Inc. engages in the provision of payment processing and information management solutions. It offers fuel cards and fleets, employee benefits, and business payments products. It operates through the following segments: Mobility, Corporate Payments, and Benefits. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services. The Corporate Payments segment focuses on the complex payment environment of global business to business payments. The Benefits Segment provides SaaS software with embedded payment solutions and plan administration services for consumer directed health benefits. The company was founded by Parker Poole III and William Richardson in 1983 and is headquartered in Portland, ME.

IndexRUI
Employees6600
IPOFeb 16, 2005
Beta0.91
ATR, 14d6.43
Rel volume0.40
Short float8.34%
Insider own1.72%
Inst own121.46%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap5.98B
Enterprise Value5.46B
Income404.50M
Sales2.88B
Book/sh34.60
Cash/sh177.94
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees6600
IPOFeb 16, 2005

Ratios

P/E15.68
Forward P/E8.07
PEG0.56
P/S2.08
P/B5.26
P/C1.02
P/FCF-
EV/EBITDA4.93
EV/Sales1.89
Quick Ratio1.03
Current Ratio1.03
Debt/Eq4.62
LT Debt/Eq3.00
Option/ShortYes / Yes

Earnings

EPS (ttm)11.61
EPS next Y22.55
EPS next Q5.79
EPS this Y32.88%
EPS next Y5.41%
EPS next 5Y14.40%
EPS past 3/5Y23.44% -
Sales past 3/5Y4.22% 11.27%
EPS Y/Y TTM51.45%
Sales Y/Y TTM9.75%
EPS Q/Q67.96%
Sales Q/Q12.76%
EarningsOct 28 AMC
EPS/Sales Surpr.8.00% 4.05%

Ownership

Insider Own1.72%
Insider Trans-33.15%
Inst Own121.46%
Inst Trans1.62%
ROA2.64%
ROE35.63%
ROIC8.77%
Gross Margin58.34%
Oper. Margin26.95%
Profit Margin14.04%
SMA20-1.70%
SMA50-0.86%
SMA20010.08%
Trades-

Technical

Shs Outstand33.30M
Shs Float32.30M
Short Float8.34%
Short Ratio4.68
Short Interest2.69M
52W High203.99 -10.75%
52W Low125.29 45.32%
Volatility4.20% 3.54%
ATR (14)6.43
RSI (14)48.55
Beta0.91
Rel Volume0.40
Avg Volume576.15K
Volume106,328

Performance

Perf Week1.09%
Perf Month4.21%
Perf Quarter-8.51%
Perf Half Y34.08%
Perf YTD22.21%
Perf Year23.16%
Perf 3Y6.07%
Perf 5Y21.37%
Perf 10Y79.10%
Recom2.50
Target Price197.33
Prev Close180.51
Price182.07
Change %0.86%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 11, 2026InitiatedPPiper SandlerNeutral$209+14.8%
Apr 28, 2026InitiatedLLoop CapitalBuy$195+7.1%
Feb 02, 2026ResumedMMorgan StanleyEqual-Weight$144-20.9%
Jan 27, 2026InitiatedCCantor FitzgeraldNeutral$158-13.2%
Oct 22, 2025UpgradeBBofA SecuritiesNeutral → Buy$178-2.2%
Jul 17, 2025ResumedDDeutsche BankHold
May 15, 2025InitiatedOOppenheimerPerform
Feb 06, 2025DowngradeWWilliam BlairOutperform → Mkt Perform
Feb 06, 2025DowngradeBBofA SecuritiesBuy → Neutral
Jan 14, 2025DowngradeCCitigroupBuy → Neutral$260 → $190+4.4%

Peers

Mkt cap
TickerCompanyMkt cap
CPAYCorpay Inc29.43B
GPNGlobal Payments Inc26.60B
MQMarqeta Inc1.90B
BILLBILL Holdings Inc4.63B
FLYWFlywire Corp2.74B
EEFTEuronet Worldwide Inc2.57B
HQYHealthequity Inc8.44B
FOURShift4 Payments Inc3.21B
FISVFiserv Inc33.74B
AXPAmerican Express Co215.23B

Insider trading

latest 14 of 82
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Wolfe Lauren TaylorDirectorNov 05 '26Sale181.00200,00036,200,0001,507,457Nov 09 05:08 PM
Wolfe Lauren TaylorDirectorNov 06 '26Sale184.1934,5776,368,7381,472,880Nov 09 05:08 PM
Jagtar NarulaOfficerNov 09 '26Proposed Sale180.701,667301,220Nov 09 04:39 PM
Impactive Capital LPDirectorNov 06 '26Proposed Sale182.2234,5776,300,621Nov 06 06:18 PM
DHAWAN SACHINChief Technology OfficerNov 03 '26Sale183.053,873708,95311,286Nov 05 06:13 PM
Impactive Capital LPDirectorNov 05 '26Proposed Sale180.11200,00036,022,000Nov 05 05:00 PM
Sachin DhawanOfficerNov 03 '26Proposed Sale183.013,873708,806Nov 03 04:33 PM
Deshaies Robert JosephCOO, BenefitsOct 05 '26Sale173.562,000347,11117,288Oct 07 05:24 PM
Robert DeshaiesOfficerOct 05 '26Proposed Sale173.522,000347,037Oct 05 04:48 PM
Dearborn Joel Alan JRCOO, InternationalSep 14 '26Option Exercise104.9584388,47317,864Sep 16 08:12 PM
Dearborn Joel Alan JRCOO, InternationalSep 14 '26Sale200.003,343668,60017,021Sep 16 08:12 PM
Joel DearbornOfficerSep 14 '26Proposed Sale199.973,343668,485Sep 14 05:36 PM
Smith Melissa DCEO and PresidentSep 01 '26Option Exercise104.0328,1092,924,150154,734Sep 03 05:57 PM
Smith Melissa DCEO and PresidentSep 01 '26Sale190.0928,1095,343,287126,625Sep 03 05:57 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B
DFASU.S. Small Cap Portfolio-ETF Class Shares-
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
CTEFCastellan Targeted Equity ETFAUM: 600.74M
SPMDState Street SPDR Portfolio S&P 400TM Mid Cap ETFAUM: 18.90B
SCHASchwab U.S. Small-Cap ETFAUM: 22.25B

News

latest 14 of 206
  • WEX Launches New WEX Index, Revealing How the Mobility Fleet Sector Navigated the 2026 Fuel Price Surge (Business Wire)
  • WEX Beats And Raises Again As Organic Mobility Growth Improves, But Fuel Prices Still Drive Much Of The Upside (Earnings Whispers)
  • Wex: Q3 Earnings Snapshot (Associated Press)
  • WEX Inc. Reports Third Quarter 2026 Financial Results (Business Wire)
  • WEX, Euclid AI target 90% reduction in trucking transaction costs (FreightWaves)
  • Loading…
  • WEX to Participate in the KBW Fintech Ecosystem Conference (Business Wire)
  • WEX and Euclid AI Team Up to Bring AI Agents Built for Trucking to OTR Fleets (Business Wire)
  • WEX Needs A Third Straight Guidance Raise As Street Pins Estimates To Top Of Range (Earnings Whispers)
  • WEX Survey Reveals 85% of Businesses Face Internal Obstacles to B2B Payment Modernization (Business Wire)
  • WEX Inc. to Release Third Quarter 2026 Financial Results on October 28, 2026 (Business Wire)
  • WEX Expands AI-Powered Claims Tool Beyond FSAs Following 600,000 Automated Approvals in First Year (Business Wire)
  • WEX Global Survey Finds that 74% of Travel Intermediaries Expect Growth This Year, Despite Geopolitical Uncertainty (Business Wire)
  • Driivz Partners with WEX to Provide a Seamless Payment Experience for Electric Fleet Operators and Drivers (Business Wire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-286.1305.6763.880780.1749.7414
2026Q22026-07-225.3505.0773.109753.5740.7214
2026Q12026-04-224.1504.0812.220673.8671.8213
2025Q42026-02-044.1103.9192.406672.9660.7414
2025Q32025-10-294.5904.4422.308691.8679.2213
2025Q22025-07-233.9503.7141.980659.6649.6114
2025Q12025-04-303.5103.4051.815636.6632.6315
2024Q42025-02-053.5703.5561.598636.5636.6516
2024Q32024-10-244.3504.4112.522665.5688.0316
2024Q22024-07-253.9103.8051.833673.5679.8416
2024Q12024-04-253.4603.4871.552652.7652.515
2023Q42024-02-083.8203.7131.984663.3650.6216
2023Q32023-10-264.0503.7680.424651.4641.9616
2023Q22023-07-273.6303.5152.196621.3618.6616
2023Q12023-04-273.3103.2051.560612598.716
2022Q42023-02-093.4403.2192.017618.61573.915

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY5.4105.3783.7131,2511,246
2018FY8.3128.1803.8621,4931,478
2019FY9.2009.1492.2621,7241,739
2020FY6.0606.085-5.5571,5601,547
2021FY9.1409.0200.0031,8511,837
2022FY13.53013.3104.5042,3512,300
2023FY14.81014.7146.1572,5482,533
2024FY15.28015.2647.4962,6282,626
2025FY16.10015.9508.4702,6612,648
2026FY-21.394--2,977
2027FY-22.552--3,050
2028FY-24.103--3,085

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0413130769.85764779
2026Q4S2026-10-3113130769.88764779
2026Q4S2026-10-3014130765.79712.7779
2026Q4S2026-10-2914110751.46708.48779
2026Q4S2026-10-281430717.49695773
2026Q4S2026-10-201430717.49695773
2026Q4S2026-10-151430717.78695773
2026Q4S2026-10-121420716.01695773
2026Q4S2026-10-081420716.01695773
2026Q4S2026-10-061410711.99695721.08
2026Q4S2026-10-041461711.99695721.08
2026Q4S2026-09-221471711.99695721.08
2026Q4S2026-09-091471711.34695721
2026Q4S2026-08-241371711.29695721

Estimate history

EPS, annual3.7133.8622.262-5.5570.0034.5046.1577.4968.47111.6103
Period201720182019202020212022202320242025TTM
EPS, quarterly2.5221.5981.8151.982.3082.4062.223.1093.876
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1248.5771492.6391723.6911559.8691850.5422350.51125482628.22660.72880.3
Period201720182019202020212022202320242025TTM
Sales, quarterly665.5636.5636.6659.6691.8672.9673.8753.5780.1
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual43.02243.12943.32144.18844.82743.2241.93934.333.3
Period201720182019202020212022202320242025MRQ
Shares, quarterly39.83934.234.334.334.334.734.333.3
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue2,880.302,660.702,628.202,548.002,350.511,850.541,559.871,723.691,492.64
Cost of Goods Sold Incl. D&A1,199.801,191.301,156.901,055.30908.55817.47752.07736.51601.32
Gross Profit1,680.501,469.401,471.301,492.701,441.961,033.07807.80987.18891.32
Selling, General and Administrative Excl. Other904.20792.20779.30839.00817.71680.17636.70581.84504.76
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income776.30677.20692.00653.70624.25352.90171.10405.34386.56
Interest Expense217.80240.60235.90217.80125.46154.07172.92134.68105.02
Unusual Expense11.4016.2012.20166.00210.3111.81243.4554.153.34
Net Income Before Taxes554.50420.20417.80368.80260.55203.95-301.08216.52238.62
Income Taxes149.90116.10108.20102.2093.0867.81-20.6061.2268.84
Consolidated Net Income404.50304.10309.60266.60167.46136.14-280.48155.29169.78
Net Income From Continuing Operations404.50304.10309.60266.60201.440.14-243.6499.01168.29
Net Income404.50304.10309.60266.60201.440.14-243.6499.01168.29
EPS (Recurring)11.928.797.708.847.800.19-1.673.133.92
EPS (Basic, Before Extraordinaries)11.788.577.596.234.540.00-5.562.293.90
EPS (Diluted)11.618.477.506.164.500.00-5.562.263.86
EBITDA1,107.901,008.301,013.30929.90888.11625.54433.03642.47586.36
Non-Operating Income (Expense)7.10-0.20-26.1098.90-27.9316.93-55.810.01-39.58
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense102.7880.0092.50103.9097.9054.5746.6233.4426.78
Price To Earnings Ratio15.5515.5522.2231.4074.24--92.7336.64
Price To Sales Ratio2.032.012.763.313.113.445.725.324.09
Gross Margin58.3455.2355.9858.5861.3555.8351.7957.2759.71
Operating Margin26.9525.4526.3325.6626.5619.0710.9723.5225.90
Net Margin14.0411.4311.7810.468.570.01-15.625.7411.27
Shares Outstanding33.3034.3039.0041.9043.2244.8344.1943.3243.13
Market Capitalization5,932.285,932.286,974.818,314.547,134.016,292.078,981.789,067.446,037.01

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue780.10753.50673.80672.90691.80659.60636.60636.50
Cost of Goods Sold Incl. D&A308.10300.50294.50296.70298.60297.30298.80288.40
Gross Profit472.00453.00379.30376.20393.20362.30337.80348.10
Selling, General and Administrative Excl. Other233.20248.20221.20201.60205.90204.80180.00190.60
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income238.80204.80158.10174.60187.30157.50157.80157.50
Interest Expense53.2052.2053.6058.8063.8065.0053.0057.40
Unusual Expense0.001.800.708.904.501.501.303.30
Net Income Before Taxes185.50150.50108.50110.00116.4093.40100.4080.50
Income Taxes51.4041.9030.8025.8036.2025.2028.9016.60
Consolidated Net Income134.10108.5077.7084.2080.3068.1071.5063.90
Net Income From Continuing Operations134.10108.5077.7084.2080.3068.1071.5063.90
Net Income134.10108.5077.7084.2080.3068.1071.5063.90
EPS (Recurring)3.883.142.232.582.402.011.841.66
EPS (Basic, Before Extraordinaries)3.963.132.252.452.331.991.841.62
EPS (Diluted)3.883.112.222.412.311.981.811.60
EBITDA323.80287.90239.70256.50271.00241.40239.30239.30
Non-Operating Income (Expense)-0.10-0.504.603.10-2.602.40-3.10-16.40
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense34.0528.7621.7318.2526.4625.049.9517.46
Price To Earnings Ratio15.5515.8317.9919.3519.9118.9120.9222.22
Price To Sales Ratio2.031.761.991.962.091.942.372.67
Gross Margin60.5160.1256.2955.9156.8454.9353.0654.69
Operating Margin30.6127.1823.4625.9527.0723.8824.7924.74
Net Margin17.1914.4011.5312.5111.6110.3211.2310.04
Shares Outstanding33.3034.3034.7034.3034.3034.3034.2039.00
Market Capitalization5,932.284,891.325,250.895,108.305,397.665,030.176,094.946,974.81

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments6,011.405,198.305,252.103,257.512,205.511,329.65981.38555.03522.38
Short Term Receivables3,540.203,159.003,569.403,441.763,025.402,092.062,777.892,697.892,613.20
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets133.10128.5090.00117.8968.5981.1383.10145.2070.48
Total Current Assets9,684.708,485.808,911.506,817.155,299.513,502.853,842.383,398.133,206.06
Net Property, Plant & Equipment304.90315.80304.70269.12259.01273.37280.83187.87163.91
Total Investments and Advances94.20145.6078.5093.3039.6537.2730.4624.4123.36
Long-Term Note Receivable36.2029.1033.1037.9140.7219.9320.5019.2349.07
Intangible Assets4,103.504,243.304,474.404,202.494,551.354,240.154,016.252,866.323,030.18
Deferred Tax Assets16.9018.3013.7013.365.6317.5212.839.647.72
Other Assets159.1083.7066.2095.89110.9492.2795.18265.00208.57
Total Assets14,399.5013,321.6013,882.1011,529.2310,306.838,183.368,298.426,770.606,688.87
Short Term Debt Incl. Current Port. of LT Debt1,335.901,303.201,053.10214.44171.27169.18261.71216.52397.22
Accounts Payable925.30952.701,323.601,225.03880.08647.09852.96690.65752.37
Income Tax Payable--------1.08
Other Current Liabilities7,025.406,071.406,142.504,854.603,348.351,924.591,935.271,404.401,426.27
Total Current Liabilities9,286.608,327.308,519.206,294.074,399.702,740.853,049.942,311.572,575.86
Long Term Debt3,586.003,142.602,893.502,592.842,776.412,957.082,754.422,133.922,027.75
Provision for Risks Charges0.000.000.005.400.000.000.000.000.00
Deferred Tax Liabilities187.30145.60129.50142.16192.97220.12218.74151.69116.25
Other Liabilities105.10217.30519.30845.25844.87230.17181.91377.49338.91
Total Liabilities13,165.0011,832.8012,061.509,879.728,213.956,148.236,205.024,974.675,058.77
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity1,234.501,488.801,820.601,649.511,838.771,904.891,926.951,785.701,620.88
Total Shareholders Equity1,234.501,488.801,820.601,649.511,838.771,904.891,926.951,785.701,620.88
Accumulated Minority Interest0.000.000.000.00254.11130.24166.4510.239.22
Total Equity1,234.501,488.801,820.601,649.512,092.882,035.142,093.401,795.921,630.10
Total Liabilities & Stockholders Equity14,399.5013,321.6013,882.1011,529.2310,306.838,183.368,298.426,770.606,688.87
Book Value Per Share35.9938.1743.4538.1741.0243.1144.4841.4037.68
Tangible Book Value Per Share-83.64-70.63-63.34-59.07-60.51-52.85-48.23-25.06-32.76
Full-Time Employees6,6006,5007,2006,1005,6005,3005,0003,7003,300
Price to Book Ratio5.224.164.904.433.424.724.713.383.73
Return on Assets2.192.282.101.850.00-2.961.312.492.52
Return on Equity22.3318.7115.3711.550.01-12.725.339.6310.27
Return on Invested Capital6.316.685.664.750.00-5.012.114.294.39
Quick Ratio1.041.021.051.081.201.281.261.471.24
Current Ratio1.041.021.051.081.201.281.261.471.24

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income184.80304.10309.60266.60167.46136.14-280.48155.29169.78
Depreciation331.50331.10321.30276.20263.87272.64261.93237.13199.81
Other Funds (Non Cash)448.20189.50210.70395.90503.77150.83316.63150.28138.39
Funds from Operations1,008.10868.30852.70917.40874.95572.49268.73562.37539.31
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-1,133.00-414.00-371.30-5.40-195.52-418.98589.13100.81-139.08
Income Taxes Payable-30.00-31.30-8.208.594.1415.08-12.27-2.11
Cash from Operating Activities-124.90454.30481.40912.00679.42153.51857.86663.17400.23
Capital Expenditures-225.00-213.70-152.40-148.10-116.21-86.04-80.47-102.86-87.15
Net Assets From Acquisitions0.000.00-0.90-402.000.00-558.78-243.17-882.42-162.75
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.000.00
Purchase or Sale of Investments-809.40-488.00-807.40-1,592.30-600.44-959.40-6.28-5.34-4.27
Purchase of Investments-1,957.60-1,737.70-1,313.80-1,785.90-661.29-994.35-6.46-5.57-4.54
Sale Or Maturity of Investments1,148.201,249.70506.40193.6060.8534.950.180.230.27
Other Uses-0.400.000.000.000.000.000.000.000.00
Other Sources0.404.800.000.000.000.000.000.000.00
Cash from Investing Activities-1,034.40-696.90-960.60-2,142.40-716.65-1,604.22-329.92-990.61-254.18
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-267.40-799.80-634.90-287.30-277.8344.2099.274.942.43
Repurchase of Common Pref Stock-267.40-799.80-652.00-303.40-282.790.000.000.000.00
Sale of Common Pref Stock0.000.0017.1016.104.9544.2099.274.942.43
Proceedsfrom Stock Options0.000.000.000.000.000.0090.000.000.00
Issuance or Reduction of Debt, Net285.00480.20505.901,061.60-129.02-237.75-172.09578.58-72.43
Change in Long Term Debt-75.30458.30243.30227.70-145.69-258.48-148.57580.52-62.42
Issuance of Long Term Debt11,532.0011,082.608,719.203,447.202,425.961,750.88282.951,953.251,680.85
Reduction of Long Term Debt-11,607.30-10,624.30-8,475.90-3,219.50-2,571.64-2,009.36-431.53-1,372.73-1,743.27
Net Financing Active Other Cash Flow845.00738.50-131.40799.001,088.111,596.83-106.43166.25-32.73
Other Financing Activities Uses-183.30-229.30-514.00-70.30-18.89-23.46-405.58-10.35-32.73
Cash from Financing Activities862.70418.90-260.301,573.30681.261,403.27-179.26749.77-102.73
Exchange Rate Effect-10.8065.10-53.5027.40-41.13-25.38-0.414.02-10.68
Net Change in Cash-307.40241.40-793.00370.30602.89-72.81348.27426.3532.65
Free Cash Flow-291.30313.70334.10768.40566.5567.47777.38560.31313.08
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow-17.0521.6710.9612.9294.2811.4816.3619.49
Deferred Taxes & Investment Tax Credit-43.6011.10-21.30-60.1512.88-29.3419.6731.33

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments5,847.706,714.106,015.706,011.405,610.705,666.80
Short Term Receivables5,562.404,947.604,600.303,540.204,001.604,099.80
Inventories0.000.000.000.000.000.00
Other Current Assets131.80144.0098.40133.10101.10128.60
Total Current Assets11,541.9011,805.7010,714.409,684.709,713.509,895.20
Net Property, Plant & Equipment267.20258.90255.20304.90258.50257.60
Total Investments and Advances102.70106.8092.8094.2081.0080.90
Intangible Assets4,034.104,076.604,121.504,103.504,146.804,194.60
Deferred Tax Assets17.4016.8017.3016.9016.8022.20
Other Assets206.80203.20188.80159.10180.70211.00
Total Assets16,196.9016,498.8015,425.3014,399.5014,433.3014,673.50
Short Term Debt Incl. Current Port. of LT Debt1,863.501,834.201,631.401,335.901,306.801,532.50
Accounts Payable2,046.701,768.401,713.80925.301,460.401,429.10
Other Current Liabilities7,341.407,699.706,872.907,025.406,486.206,535.80
Total Current Liabilities11,251.6011,302.3010,218.109,286.609,253.409,497.40
Long Term Debt3,457.603,523.003,605.703,586.003,719.103,909.10
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities210.90201.70194.70187.30174.60149.00
Other Liabilities124.90127.30132.30105.10167.80139.30
Total Liabilities15,045.0015,154.3014,150.8013,165.0013,314.9013,694.80
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity1,152.101,344.601,274.401,234.501,118.40978.70
Total Shareholders Equity1,152.101,344.601,274.401,234.501,118.40978.70
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity1,152.101,344.601,274.401,234.501,118.40978.70
Total Liabilities & Stockholders Equity16,197.1016,498.9015,425.2014,399.5014,433.3014,673.50
Book Value Per Share34.6039.2036.7335.9932.6128.53
Tangible Book Value Per Share-86.55-79.65-82.05-83.64-88.29-93.76
Full-Time Employees---6,600--
Price to Book Ratio5.223.844.254.575.526.20
Return on Assets2.642.252.112.192.002.12
Return on Equity35.6330.1929.7722.3320.3022.19
Return on Invested Capital2.912.231.591.751.661.39
Quick Ratio1.031.041.051.041.051.04
Current Ratio1.031.041.051.041.051.04

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income134.10108.5077.70-135.50300.0068.10
Depreciation85.0083.0081.6081.9083.7084.00
Other Funds (Non Cash)75.1076.0058.20238.90-132.4056.30
Funds from Operations294.20267.50217.50228.90251.30208.40
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-305.40-345.10-548.3065.80125.3056.20
Cash from Operating Activities-11.20-77.60-330.80294.70376.60264.60
Capital Expenditures-47.00-43.50-37.50-97.00-35.00-34.60
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments95.40-222.90-475.80-206.1051.70-363.10
Purchase of Investments-91.80-410.40-653.00-802.40-136.80-652.50
Sale Or Maturity of Investments187.20187.50177.20596.30188.50289.40
Other Uses0.0010.40-10.800.000.305.60
Other Sources0.000.000.000.404.400.00
Cash from Investing Activities48.20-255.90-524.10-302.6021.50-392.30
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-203.60-63.800.000.00-0.10-9.70
Repurchase of Common Pref Stock-203.60-63.800.000.00-0.10-9.70
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-38.20117.70376.00-170.50-248.30-211.30
Change in Long Term Debt47.30-139.30206.00-189.30-192.20-192.00
Issuance of Long Term Debt3,437.603,313.002,666.302,115.102,343.902,523.90
Reduction of Long Term Debt-3,390.30-3,452.30-2,460.30-2,304.40-2,536.10-2,715.90
Net Financing Active Other Cash Flow-393.60819.1047.00372.50-195.10563.00
Other Financing Activities Uses-24.209.90-271.30102.30-82.4056.00
Cash from Financing Activities-635.50873.00423.10202.10-443.60342.00
Exchange Rate Effect-1.50-5.70-6.402.80-4.6039.70
Net Change in Cash-600.00533.80-438.20197.00-50.00253.90
Free Cash Flow-58.20-121.10-368.30256.30341.60230.00
Price to Free Cash Flow-45.3811.6516.628.3417.80

Revenue breakdown

Account Servicing2024: 534.30M 2025: 560.10M
Payment Processing2024: 1.20B 2025: 1.14B
Product and Service, Other2024: 132.50M 2025: 142.50M
United States2024: 1.87B 2025: 1.85B
Benefits2024: 572.90M 2025: 601.00M
Corporate Payments2024: 459.90M 2025: 459.20M
Mobility2024: 834.50M 2025: 785.20M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-308.34%2.7M32.3M561.45K
2026-10-158.66%2.9M33.5M637.92K
2026-09-308.27%2.8M33.5M649.50K
2026-09-157.43%2.5M33.5M667.24K
2026-08-317.25%2.4M33.5M681.57K
2026-08-147.98%2.7M33.6M682.77K
2026-07-317.70%2.6M33.7M678.06K
2026-07-157.27%2.5M34.2M632.16K
2026-06-306.39%2.2M34.2M602.89K
2026-06-157.20%2.5M34.2M555.43K
2026-05-296.48%2.2M34.2M548.79K
2026-05-155.70%2.0M34.2M527.52K
2026-04-304.72%1.6M34.4M555.90K
2026-04-155.10%1.7M34.2M464.41K
2026-03-315.11%1.7M33.9M464.79K
2026-03-133.98%1.3M33.9M431.79K
2026-02-274.08%1.4M33.9M405.42K
2026-02-135.03%1.7M33.9M419.12K
2026-01-305.59%1.9M33.9M375.11K
2026-01-154.88%1.7M33.9M394.90K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call70.00110112.90.003.4590.000.000.987-0.1650.009
call75.00105107.90.003.2280.000.000.986-0.1650.010
call80.00100.7103.20.003.1840.000.000.985-0.1640.011
call85.0095.2097.800.002.7510.000.000.984-0.1630.011
call90.0090.7092.700.002.6070.000.000.983-0.1620.012
call95.0085.2087.900.002.4410.000.000.982-0.1610.013
call10080.7082.9048.252.2711.000.000.981-0.1600.013
call10575.0077.900.002.1080.000.000.979-0.1580.014
call11070.0072.800.001.9070.000.000.978-0.1570.015
call11565.2067.9036.841.8031.000.000.976-0.1550.016
call12060.2062.800.001.6200.000.000.974-0.1530.017
call12555.2057.8033.351.4840.000.000.971-0.1510.019
call13050.1053.2056.611.5322.000.000.969-0.1490.020
call13545.4048.1026.401.3191.000.000.966-0.1460.022
call14040.3043.0013.921.1615000.000.945-0.2120.032
call14535.5038.0017.401.0361.000.000.938-0.2060.035
call15030.3033.0023.590.91211.000.000.931-0.1990.038
call15526.1028.1040.740.8122.000.000.922-0.1910.042
call16021.3023.2020.050.7092.000.000.909-0.1810.047
call16515.7018.3020.940.6181.000.000.890-0.1710.054
call17011.7013.6014.000.50613.000.000.825-0.2160.074
call1757.209.307.930.4477.000.000.724-0.2530.096
call1804.206.109.500.4415.000.000.581-0.2780.112
call1850.953.406.650.4113.000.000.428-0.2990.112
call1900.051.851.300.41394.000.000.291-0.2570.098
call1950.001.852.700.54015.000.000.222-0.2640.085
call2000.001.750.910.63438.000.000.185-0.2720.076
call2100.000.750.850.6571590.000.090-0.1710.046
call2200.002.151.580.8065.000.000.076-0.1850.041
call2300.002.150.520.94914.000.000.067-0.1960.037
call2400.002.150.401.1122.000.000.059-0.2050.033
call2500.002.150.001.1980.000.000.055-0.2130.032
call2600.002.150.001.3110.000.000.051-0.2200.030
call2700.002.150.001.4160.000.000.048-0.2260.029
call2800.002.150.001.5190.000.000.046-0.2310.027
put70.000.002.150.003.0080.000.00-0.013-0.1560.009
put75.000.002.150.002.8060.000.00-0.014-0.1550.010
put80.000.002.150.002.6160.000.00-0.015-0.1530.011
put85.000.002.150.002.4390.000.00-0.016-0.1520.011
put90.000.002.150.002.2710.000.00-0.017-0.1500.012
put95.000.002.150.002.1010.000.00-0.019-0.1480.013
put1000.002.152.311.9531.000.00-0.020-0.1460.014
put1050.002.154.301.8053.000.00-0.022-0.1440.015
put1100.002.151.551.68322.000.00-0.023-0.1430.015
put1150.002.152.101.5470.000.00-0.025-0.1400.017
put1200.002.150.041.45688.000.00-0.026-0.1400.017
put1250.002.158.741.3321.000.00-0.029-0.1370.019
put1300.002.150.001.1770.000.00-0.032-0.1320.020
put1350.050.450.451.0668.000.00-0.035-0.1290.022
put1400.002.250.641.10767.000.00-0.056-0.1960.032
put1450.002.300.950.9901.000.00-0.062-0.1900.035
put1500.002.352.950.88012.000.00-0.072-0.1890.039
put1550.002.503.670.75310.000.00-0.078-0.1730.042
put1600.051.900.600.64254.003.00-0.090-0.1640.046
put1650.150.802.950.5234710.00-0.109-0.1530.053
put1700.501.352.110.48617.000.00-0.177-0.1980.074
put1750.952.302.950.45412.000.00-0.276-0.2340.096
put1802.353.805.590.42114.000.00-0.419-0.2580.112
put1854.807.804.880.54211.000.00-0.572-0.2780.112
put1908.6011.507.030.5862.000.00-0.709-0.2360.098
put19513.0015.5016.700.61914.000.00-0.775-0.2430.086
put20017.5020.300.000.7130.000.00-0.814-0.2500.076
put21027.3029.800.000.8500.000.00-0.910-0.1470.046
put22037.2039.4051.800.9610.000.00-0.924-0.1600.041
put23047.2050.100.001.2390.000.00-0.933-0.1700.037
put24057.5059.400.001.2270.000.00-0.940-0.1790.034
put25067.0069.700.001.4580.000.00-0.945-0.1860.032
put26077.1080.100.001.6660.000.00-0.949-0.1910.030
put27087.3090.000.001.6810.000.00-0.952-0.1960.029
put28097.00100.10.001.9090.000.00-0.954-0.2010.027

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-09144Filing for proposed sale of securities under Rule 144.SEC
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-06144Filing for proposed sale of securities under Rule 144.SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-03SEC
2026-11-05144Filing for proposed sale of securities under Rule 144.SEC
2026-11-05SCHEDULE 13G/ASEC
2026-11-03144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-288-KCurrent report2026-10-28SEC
2026-10-074Statement of changes in beneficial ownership of securities2026-10-05SEC
2026-10-05144Filing for proposed sale of securities under Rule 144.SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-09-164Statement of changes in beneficial ownership of securities2026-09-14SEC
2026-09-14144Filing for proposed sale of securities under Rule 144.SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-08-064Statement of changes in beneficial ownership of securities2026-08-04SEC
2026-08-06SCHEDULE 13GSEC
2026-08-04144Filing for proposed sale of securities under Rule 144.SEC
2026-07-31144Filing for proposed sale of securities under Rule 144.SEC
2026-07-314Statement of changes in beneficial ownership of securities2026-07-30SEC
2026-07-30144Filing for proposed sale of securities under Rule 144.SEC
2026-07-294Statement of changes in beneficial ownership of securities2026-07-27SEC
2026-07-294Statement of changes in beneficial ownership of securities2026-07-27SEC
2026-07-27144Filing for proposed sale of securities under Rule 144.SEC
2026-07-27144Filing for proposed sale of securities under Rule 144.SEC
2026-07-2310-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110043.28M3
2026-1000347.11K1
2026-09006.01M2
2026-0800199.95K1
2026-07001.29M4
2026-060000
2026-05214.43K1173.81K1
2026-04001.14M2
2026-0300128.20K2
2026-02001.18M4
2026-010000
2025-120074.79K1
2025-11144.25K1225.33K1

Institutional holders

Manager% owned
Jupiter Topco LLC11.44%
BlackRock, Inc.9.14%
PAR CAPITAL MANAGEMENT INC6.50%
MORGAN STANLEY5.62%
Impactive Capital LP4.92%
Boston Partners4.57%
VANGUARD CAPITAL MANAGEMENT LLC4.37%
VANGUARD PORTFOLIO MANAGEMENT LLC4.13%
FMR LLC3.89%
STATE STREET CORP3.27%

Funds

Fund% owned
Artisan High Income Fund90.10%
BlackRock High Yield Portfolio72.64%
iShares Broad USD High Yield Corporate Bond ETF35.09%
VANGUARD HIGH-YIELD CORPORATE FUND25.70%
Credit Suisse Floating Rate High Income Fund23.27%
High Yield Fixed Income Fund17.67%
Diversified Income Fund16.33%
PGIM High Yield Fund14.51%
Senior Debt Portfolio11.41%
State Street(R) SPDR(R) Bloomberg High Yield Bond ETF11.32%

OakChart. WEX. Cached 15 minutes.