Pretax income is the income that a company earns before paying income taxes. WEX's pretax income for the
three
months ended in Mar. 2024 was $90 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $361 Mil.
WEX's pretax margin was 13.79%.
During the past 13 years, WEX's highest Pretax Margin was 36.89%. The lowest was -19.30%. And the median was 13.27%.
WEX Pre-Tax Income Historical Data
The historical data trend for WEX's Pre-Tax Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Infrastructure subindustry, WEX's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
WEX's Pre-Tax Income Distribution in the Software Industry
For the Software industry and Technology sector, WEX's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where WEX's Pre-Tax Income falls into.
WEX Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
WEX's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $361 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WEX (NYSE:WEX) Pre-Tax Income Explanation
WEX's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, WEX's highest Pretax Margin was 36.89%. The lowest was -19.30%. And the median was 13.27%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WEX Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of WEX's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Fleet solutions, Travel & Corporate Solutions, and Health & Employee Benefit Solutions. Fleet Solutions, the largest segment by revenue, provides fleet vehicle payment-processing services for commercial and government fleets. Travel and corporate solutions offer business-to-business payment processing and transaction monitoring services. Health and employee benefit solutions generate revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.
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