Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
WEX's Capital Expenditure for the
three
months ended in Mar. 2024 was $-34.00 Mil. Its Operating Income for the
three
months ended in Mar. 2024 was $164.50 Mil.
Hence, WEX's Capex-to-Operating-Income for the
three
months ended in Mar. 2024 was 0.21.
WEX Capex-to-Operating-Income Historical Data
The historical data trend for WEX's Capex-to-Operating-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.
Competitive Comparison of WEX's Capex-to-Operating-Income
For the Software - Infrastructure subindustry, WEX's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-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 Capex-to-Operating-Income Distribution in the Software Industry
For the Software industry and Technology sector, WEX's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where WEX's Capex-to-Operating-Income falls into.
WEX Capex-to-Operating-Income Calculation
WEX's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.
WEX Capex-to-Operating-Income Related Terms
Thank you for viewing the detailed overview of WEX's Capex-to-Operating-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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