Wex Inc (WEX) — Tangible Net Worth Ratio
Wex Inc (WEX) has a Tangible Net Worth Ratio of 21.6% as of June 2026. This metric is calculated by deducting intangible assets ($1.05 Billion) from net assets ($1.34 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Wex Inc (WEX) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Wex Inc Tangible Net Worth Ratio (2001–2025)
This chart shows how Wex Inc's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2025. As of June 2026, the ratio stands at 21.6%, reflecting net assets of $1.34 Billion with intangible assets of $1.05 Billion USD. For live market cap and overall valuation, see Wex Inc (WEX) market capitalisation.
Annual Tangible Net Worth Ratio for Wex Inc (2001–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Wex Inc from 2001 to 2025, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore WEX capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 11.9% | $1.23 Billion | $1.09 Billion | $14.40 Billion | ▼ -3.5 pp |
| 2024 | 15.4% | $1.49 Billion | $1.26 Billion | $13.32 Billion | ▼ -4.5 pp |
| 2023 | 19.9% | $1.82 Billion | $1.46 Billion | $13.88 Billion | ▲ +9.2 pp |
| 2022 | 10.7% | $1.65 Billion | $1.47 Billion | $11.53 Billion | ▼ -10.8 pp |
| 2021 | 21.5% | $2.09 Billion | $1.64 Billion | $10.31 Billion | ▼ -2.3 pp |
| 2020 | 23.7% | $2.04 Billion | $1.55 Billion | $8.18 Billion | ▼ -1.0 pp |
| 2019 | 24.8% | $2.09 Billion | $1.58 Billion | $8.30 Billion | ▼ -17.7 pp |
| 2018 | 42.4% | $1.80 Billion | $1.03 Billion | $6.77 Billion | ▲ +9.5 pp |
| 2017 | 32.9% | $1.72 Billion | $1.15 Billion | $6.74 Billion | ▲ +17.0 pp |
| 2016 | 16.0% | $1.51 Billion | $1.27 Billion | $6.08 Billion | ▼ -41.5 pp |
| 2015 | 57.5% | $1.10 Billion | $465.61 Million | $3.86 Billion | ▲ +3.0 pp |
| 2014 | 54.5% | $1.09 Billion | $498.05 Million | $4.12 Billion | ▼ -22.8 pp |
| 2013 | 77.3% | $922.03 Million | $209.00 Million | $3.43 Billion | ▲ +6.1 pp |
| 2012 | 71.2% | $839.59 Million | $241.81 Million | $3.11 Billion | ▼ -13.3 pp |
| 2011 | 84.5% | $709.32 Million | $109.66 Million | $2.28 Billion | ▲ +6.9 pp |
| 2010 | 77.7% | $559.01 Million | $124.73 Million | $2.10 Billion | ▼ -14.4 pp |
| 2009 | 92.1% | $441.32 Million | $34.81 Million | $1.50 Billion | ▲ +5.7 pp |
| 2008 | 86.5% | $294.66 Million | $39.92 Million | $1.61 Billion | ▼ -3.3 pp |
| 2007 | 89.8% | $204.26 Million | $20.93 Million | $1.79 Billion | ▼ -8.9 pp |
| 2006 | 98.7% | $183.13 Million | $2.42 Million | $1.55 Billion | ▲ +1.9 pp |
| 2005 | 96.8% | $74.74 Million | $2.42 Million | $1.42 Billion | ▲ +45.1 pp |
| 2004 | 51.6% | $284.25 Million | $137.47 Million | $812.69 Million | ▲ +4.9 pp |
| 2003 | 46.8% | $258.33 Million | $137.47 Million | $583.61 Million | ▼ -53.2 pp |
| 2001 | 100.0% | $211.03 Million | $0.00 | $414.98 Million | — |