Summary: WEX Inc. - S&P Global Ratings’ Credit Research

Summary: WEX Inc.

Summary: WEX Inc. - S&P Global Ratings’ Credit Research
Summary: WEX Inc.
Published Jun 29, 2015
Published Jun 29, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Strong market position in the fleet cards market High margins across multiple businesses Product diversity could insulate earnings from volatility associated with concentrated businesses Plans for robust growth entail operational and financial risks More diverse funding profile compared with other finance companies Financial metrics that we expect to stay in line with an "aggressive" financial risk profile, according to our criteria Exposure to volatility in fuel prices Reliance on dividends and other payments from WEX Bank The stable outlook reflects Standard&Poor's Ratings Services' expectation that WEX Inc. will maintain its strong operating performance and continue to benefit from low-cost bank funding. We consider it unlikely that we would raise the rating over the next 12 months. A higher

  
Report Type:

Summary

Issuer
GICS
Data Processing & Outsourced Services (45102020)
Sector
Global Issuers
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: WEX Inc." Jun 29, 2015. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-WEX-Inc-1410111>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: WEX Inc. Jun 29, 2015. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-WEX-Inc-1410111>
  
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