Return On Asset ratio Analysis of Wex Inc - Deep Dive


Latest FY ROA
Period Ending - Dec-23

1.95


Poor ROA
Period Ending - Dec-22
1.75

Poor ROA
Growth
11.50 %
Trailing Twelve Months ROA
Period Ending - Dec-23

1.94


Poor ROA
Most recent Quarter ROA
Period Ending - Mar-24

0.456


Poor ROA
ROA Analysis of Wex Inc
ROA Ratio of Wex Inc with value of 1.94 means poor return on Assets in trailing twelve months.
ROA Ratio of Wex Inc with value of 0.456 means poor return on Assets in latest Quarter ending on Mar-24.
ROA Ratio of WEX has grown by 11.50 % Compared to previous Financial Year.
ROA Ratio of WEX trending up for at least three Years.
ROA Ratio with value of -2.98 was lowest in Year Dec-20 in last Five Years.
Latest ROA Ratio with value of 1.95 is Greater than Average ROA of 0.382 in last five years.
Other ROA Related Info of WEX that may interest you.
Wex Inc Overview
CodePricePrevious PricePrice ChangeSector
WEX187.32184.07 1.77 % Software-Infrastructure
Fundamental AnalysisTechnical Analysis
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit.   more ..
Return On Asset Formula

ROA Related Ratios
ReturnOnEquityAssetTurnoverRatio

Tsr Profitability Index
Very Low Profitability Stock
FY - Historical Return On Asset of Wex Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
ROA1.951.750.0013-2.981.192.492.38
Change11.50 %131345 %100.04 %-349.54 %-52.00 %4.52 %135.20 %
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FY Chart of Return On Asset of Wex Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)