WEX (WEX) Stock Analysis

What WEX does

WEX Inc., a financial technology enterprise established in 1983 and headquartered in Portland, Maine, delivers diverse services across the United States and globally. The company, which operated as Wright Express Corporation until its name change in October 2012, structures its operations into three primary divisions. The Fleet Solutions segment specializes in comprehensive payment processing for vehicle fleets. Its offerings include complete customer and account management (spanning activation, retention, credit, and billing support), merchant services, and robust web-based analytics platforms designed to offer fleet managers crucial insights for optimizing expenses and capital. WEX distributes these solutions to commercial and governmental fleets of varying sizes, from local to long-haul, through both direct channels and co-branded or private label alliances. The Travel and Corporate Solutions segment provides sophisticated payment systems, which feature embedded payment functionalities, automated accounts payable, and spend management tools. A key product includes virtual cards, specifically engineered for secure, card-not-present transactions. This segment serves commercial and government entities through a mix of direct and indirect marketing approaches. Finally, the Health and Employee Benefit Solutions segment offers specialized healthcare payment products and consumer-centric software-as-a-service (SaaS) platforms for the healthcare sector. It also encompasses payroll and employee benefit solutions, with a particular focus on Brazil. This segment reaches its clientele via a broad network comprising health plans, third-party administrators, financial institutions, payroll providers, benefits consultants, software companies, and individual consumers.

Key metrics

ETFs linked to WEX

Broad-market and Technology sector ETFs an investor holding WEX is often also exposed to. Open an ETF page to see its actual top holdings.

PortView Portfolio Insights

PortView analyzes how WEX fits your actual portfolio — position weight, portfolio concentration, unrealized gain/loss, contribution to return, sector exposure, indirect exposure through the ETFs you hold, and correlation with your other holdings. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Similar companies

Frequently asked questions

What is the ticker symbol for WEX?

WEX trades under the ticker WEX on NYSE.

Which exchange is WEX listed on?

WEX is listed on NYSE.

What sector does WEX operate in?

WEX is classified in the Technology sector (Software - Infrastructure industry).

How can PortView help analyze WEX in a portfolio?

PortView shows WEX's weight in your portfolio, its contribution to return and risk, sector exposure, indirect exposure through ETFs you own, and correlation with your other holdings.