Wex Inc (WEX) — Working Capital to Net Assets Ratio
Wex Inc (WEX) has a Working Capital to Net Assets ratio of 38.9% as of March 2026. Working capital of $496.20 Million (current assets of $10.71 Billion minus current liabilities of $10.22 Billion) is measured against net assets of $1.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See WEX equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wex Inc Working Capital to Net Assets (2003–2025)
This chart shows how Wex Inc's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 38.9%, reflecting working capital of $496.20 Million against net assets of $1.27 Billion USD. Check tangible net worth ratio of Wex Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Wex Inc (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wex Inc from 2003 to 2025, covering 23 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Wex Inc market cap and net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 34.5% | $426.40 Million | $1.23 Billion | $9.71 Billion | $9.29 Billion | ▲ +21.9 pp |
| 2024 | 12.6% | $188.20 Million | $1.49 Billion | $8.52 Billion | $8.33 Billion | ▼ -10.2 pp |
| 2023 | 22.9% | $416.10 Million | $1.82 Billion | $8.94 Billion | $8.52 Billion | ▼ -8.9 pp |
| 2022 | 31.7% | $523.08 Million | $1.65 Billion | $6.82 Billion | $6.29 Billion | ▼ -11.3 pp |
| 2021 | 43.0% | $899.81 Million | $2.09 Billion | $5.30 Billion | $4.40 Billion | ▲ +5.6 pp |
| 2020 | 37.4% | $761.99 Million | $2.04 Billion | $3.50 Billion | $2.74 Billion | ▼ -0.4 pp |
| 2019 | 37.9% | $792.43 Million | $2.09 Billion | $3.84 Billion | $3.05 Billion | ▼ -22.6 pp |
| 2018 | 60.5% | $1.09 Billion | $1.80 Billion | $3.40 Billion | $2.31 Billion | ▼ -60.1 pp |
| 2017 | 120.6% | $2.07 Billion | $1.72 Billion | $3.21 Billion | $1.13 Billion | ▲ +25.9 pp |
| 2016 | 94.7% | $1.43 Billion | $1.51 Billion | $2.37 Billion | $940.58 Million | ▼ -29.4 pp |
| 2015 | 124.1% | $1.36 Billion | $1.10 Billion | $1.89 Billion | $534.99 Million | ▼ -22.7 pp |
| 2014 | 146.8% | $1.61 Billion | $1.09 Billion | $2.17 Billion | $563.18 Million | ▼ -14.2 pp |
| 2013 | 161.0% | $1.48 Billion | $922.03 Million | $2.09 Billion | $605.21 Million | ▲ +20.3 pp |
| 2012 | 140.7% | $1.18 Billion | $839.59 Million | $1.77 Billion | $588.37 Million | ▲ +152.4 pp |
| 2011 | -11.7% | $-82.95 Million | $709.32 Million | $1.38 Billion | $1.46 Billion | ▼ -42.8 pp |
| 2010 | 31.1% | $173.82 Million | $559.01 Million | $1.19 Billion | $1.01 Billion | ▲ +40.2 pp |
| 2009 | -9.2% | $-40.39 Million | $441.32 Million | $900.20 Million | $940.59 Million | ▲ +5.4 pp |
| 2008 | -14.5% | $-42.76 Million | $294.66 Million | $955.07 Million | $997.83 Million | ▼ -370.7 pp |
| 2007 | 356.2% | $727.61 Million | $204.26 Million | $1.13 Billion | $398.50 Million | ▲ +71.6 pp |
| 2006 | 284.6% | $521.27 Million | $183.13 Million | $845.25 Million | $323.98 Million | ▲ +314.9 pp |
| 2005 | -30.2% | $-22.59 Million | $74.74 Million | $721.30 Million | $743.90 Million | ▼ -98.6 pp |
| 2004 | 68.4% | $194.44 Million | $284.25 Million | $630.95 Million | $436.51 Million | ▲ +9.0 pp |
| 2003 | 59.5% | $153.58 Million | $258.33 Million | $405.14 Million | $251.56 Million | — |