Flagship explainer

What drives WEX Inc.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity22%Tax burden72%net income ÷ pretax incomeInterest burden63%pretax ÷ operating incomeOperating margin36%operating income ÷ revenueAsset turnover0.13×revenue ÷ average assetsEquity multiplier10.18×average assets ÷ average equityAs of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$304MFY2025
Income before tax$420MFY2025
Operating income$664MFY2025
$1.8BFY2025
Ending assets$14.4BFY2025
Beginning assets$13.3BFY2024
$1.2BFY2025
$1.5BFY2024
Source: · event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
Embed this chart

View the full WEX Inc. analysis at Buy Like Buffett