WEX Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.25B | $1.01B | $854.6M | $817.6M | $717.5M | $623.2M | $553.1M | $390.4M |
| Cost of Revenue | $514.3M | $458.8M | $3.2M | $119.9M | $103.4M | $103.2M | $70.2M | $46.4M |
| Gross Profit | $734.3M | $553.7M | $851.4M | $697.8M | $614.0M | $520.0M | $482.9M | $344.0M |
| Gross Margin | 58.8% | 54.7% | 99.6% | 85.3% | 85.6% | 83.4% | 87.3% | 88.1% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $184.3M | $185.6M | — | — | — | — | — | — |
| Operating Income | $233.4M | $158.5M | $228.8M | $306.2M | $276.7M | $221.6M | $233.3M | $150.7M |
| Operating Margin | 18.7% | 15.7% | 26.8% | 37.5% | 38.6% | 35.6% | 42.2% | 38.6% |
| Interest Expense | $25.0M | $12.4M | $5.6M | $6.4M | $4.3M | $5.0M | $5.5M | $5.4M |
| Pretax Income | $174.4M | $48.9M | $184.9M | $301.6M | $238.4M | $206.2M | $208.6M | $145.1M |
| Income Tax Expense | $15.5M | $28.6M | $75.3M | $101.6M | $90.1M | $109.5M | $75.0M | $57.5M |
| Net Income | $160.1M | $60.6M | $111.3M | $202.2M | $149.2M | $96.9M | $133.6M | $87.6M |
| Net Margin | 12.8% | 6.0% | 13.0% | 24.7% | 20.8% | 15.6% | 24.2% | 22.4% |
| EPS (Basic) | $3.72 | $0.58 | $2.63 | $5.20 | $3.83 | $2.50 | $3.45 | $2.28 |
| EPS (Diluted) | $3.71 | $0.57 | $2.62 | $5.18 | $3.82 | $2.48 | $3.43 | $2.25 |
| Shares Outstanding (Basic) | 43.0M | 40.8M | 38.8M | 38.9M | 38.9M | 38.8M | 38.7M | 38.5M |
| Shares Outstanding (Diluted) | 43.1M | 40.9M | 38.8M | 39.0M | 39.1M | 39.1M | 39.0M | 39.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |