WEX Debt-to-Equity Ratio Analysis
Updated 1040h ago·SEC filings & market data
Key Takeaway
Debt-to-equity ratio measures a company’s total liabilities against its shareholders’ equity; WEX’s 3.98x means it carries $3.98 of debt for every $1 of equity.
Sector Performance
96th percentileWEX
3.98x
Sector Median
0.72x
Sector Avg
2.46x
Prior Period
4.11x(Jul 2026)
Deep Analysis
Debt-to-equity ratio measures a company’s total liabilities against its shareholders’ equity; WEX’s 3.98x means it carries $3.98 of debt for every $1 of equity.
The sector median is 0.73x, placing WEX in the 96th percentile among peers, so its leverage is far higher than most comparable companies. The year-over-year change is N/A, but the quarter-over-quarter change is -3.2%, with the ratio easing from 4.11x to 3.98x in the latest quarter. This combination of a very high level and only a small recent decline implies ongoing financial risk, as the company has limited equity buffer to absorb losses, though the QoQ drop hints at mild deleveraging. This metric directly supports the overall CAUTIOUS verdict because WEX’s debt burden is extreme relative to its sector and leaves little margin of safety.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about WEX?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master WEX's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
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3.98x
Sector Median
0.72x
Sector Avg
2.46x
How WEX's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.