Event-Driven Stocks

WEX Inc.

WEXNYSE

Industrials · Services-Business Services, NEC · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 4 good● 3 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$1.85B$1.87B$1.84B$1.69B$1.35B$1.13B
Operating income$663.9M$686.3M$647.1M$469.8M$342.0M−$91.7M
Net income$304.1M$309.6M$266.6M$167.2M$135.3M−$283.9M
Total assets$14.40B$13.32B$13.88B$11.53B$10.31B$8.18B
Total liabilities$13.16B$11.83B$12.06B$9.88B$8.21B$6.15B
Equity$1.23B$1.49B$1.82B$1.65B$1.84B$1.90B
EPS (diluted)$8.47$7.50$6.16$4.50$0.00$-5.56
Shares out.38.8M41.7M43.1M44.8M44.2M43.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
36.0%
Net margin
16.5%
Return on equity
24.6%
Return on assets
2.1%
Return on capital (ROCE)
13.0%
Liabilities / assets
91.4%
Debt / equity
10.66×
Book value / share
$31.80
Revenue growth (YoY)
−1.2%
Net income growth (YoY)
−1.8%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
1.14grey zone
Accruals / assets
−1.0%clean
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
63
/ 100
Profitability 100Growth 0Catalyst 67Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 severe● 3 warning● 4 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20262.0M3.3+20.2%
Apr 30, 20261.6M2.0-6.8%
Apr 15, 20261.7M4.2+0.4%
Mar 31, 20261.7M3.8+28.6%
Mar 13, 20261.3M2.6-2.5%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)