WEX Gross Margin 2010-2024 | WEX

WEX gross margin for the quarter ending September 30, 2024 was 61.6%.

  • WEX average gross margin for 2023 was 61.48%, a 0% increase from 2022.
  • WEX average gross margin for 2022 was 61.48%, a 1.72% decline from 2021.
  • WEX average gross margin for 2021 was 60.44%, a 3.49% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

WEX Gross Margin 2010-2024 | WEX

  • WEX average gross margin for 2023 was 61.48%, a 0% increase from 2022.
  • WEX average gross margin for 2022 was 61.48%, a 1.72% decline from 2021.
  • WEX average gross margin for 2021 was 60.44%, a 3.49% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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