How does WEX's 2024 earnings performance compare to peers?

WEX's 2024 earnings performance is robust when compared to its peers, Circle K and Shell, although it may not surpass the net income and diluted EPS of Shell. Here's a detailed comparison:

1. **Return on Equity (ROE)**:
- WEX has an ROE of 18.71% for 2024.
- Circle K's ROE is 38.65%.
- Shell's ROE is 8.82%.
- WEX's ROE is higher than Shell's but lower than Circle K's, indicating efficient use of equity to generate profits.
2. **Net Income**:
- WEX's net income for 2024 is $63.9 million.
- Circle K's net income is not directly provided, but given its ROE, we can infer a strong net income.
- Shell's net income is $1.04 billion.
- WEX's net income is a significant portion of Shell's but higher than Circle K's, considering the ROE disparity.
3. **Diluted Earnings Per Share (EPS)**:
- WEX's diluted EPS is $1.6 for 2024.
- Circle K's diluted EPS is not directly provided, but given its ROE and net income, it would likely be higher than WEX's.
- Shell's diluted EPS is $0.15.
- WEX's diluted EPS is higher than Shell's, indicating better earnings per share for the company's shareholders.
4. **Overall Performance**:
- WEX's earnings performance is strong relative to its peers, with a higher EPS and a net income that is substantial compared to Shell's, despite being lower than Circle K's.
- The comparison highlights WEX's efficiency in generating earnings from its operations.

In conclusion, WEX's 2024 earnings performance is commendable, outperforming Shell in both net income and diluted EPS, and showing a strong ROE. While it may not match Circle K's ROE, WEX's net income and EPS are competitive, reflecting effective financial management and operational success.