How does WEX's income tax expense vary quarterly?
3/30/2025 08:11pm
WEX's income tax expense shows a significant quarterly variation, with the highest expense of $16.6 million reported for the 2024 fourth quarter (Q4), ending on December 31, 2024. This indicates a substantial tax liability for the period, which may be due to factors such as business seasonality, investment income, or tax planning strategies.
|code|Ticker|Name|Date|Income Taxes|Income Taxes YoY|market_code|
|---|---|---|---|---|---|---|
|WEX|WEX.N|WEX|2024 Q1|2.42E7|-19.867549668874172|169|
|WEX|WEX.N|WEX|2024 Q2|2.91E7|29.333333333333332|169|
|WEX|WEX.N|WEX|2024 Q3|3.82E7|46.92307692307692|169|
|WEX|WEX.N|WEX|2024 Q4|1.66E7|-29.361702127659573|169|