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:
- Return on Equity (ROE):
- WEX has an ROE of 18.71% for 20241.
- Circle K's ROE is 38.65%1.
- Shell's ROE is 8.82%1.
- WEX's ROE is higher than Shell's but lower than Circle K's, indicating efficient use of equity to generate profits.
- Net Income:
- WEX's net income for 2024 is $63.9 million1.
- 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 billion1.
- WEX's net income is a significant portion of Shell's but higher than Circle K's, considering the ROE disparity.
- Diluted Earnings Per Share (EPS):
- WEX's diluted EPS is $1.6 for 20241.
- 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 $0.151.
- WEX's diluted EPS is higher than Shell's, indicating better earnings per share for the company's shareholders.
- 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.
3/29/2025 06:20am
