Wex Tax Provision from 2010 to 2024

WEX Stock  USD 185.38  3.65  2.01%   
Wex Tax Provision yearly trend continues to be fairly stable with very little volatility. Tax Provision will likely drop to about 62.2 M in 2024. Tax Provision is the amount set aside by Wex Inc to cover any estimated taxes for the current period. It reflects Wex's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
29.1 M
Current Value
38.2 M
Quarterly Volatility
18.2 M
 
Covid
Check Wex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 290 M, Interest Expense of 165 M or Selling General Administrative of 761.3 M, as well as many indicators such as Price To Sales Ratio of 4.66, Dividend Yield of 0.33 or PTB Ratio of 4.55. Wex financial statements analysis is a perfect complement when working with Wex Valuation or Volatility modules.
  
Check out the analysis of Wex Correlation against competitors.

Latest Wex's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Wex Inc over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Wex's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wex's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Wex Tax Provision Regression Statistics

Arithmetic Mean63,201,253
Coefficient Of Variation50.95
Mean Deviation21,864,462
Median75,296,000
Standard Deviation32,199,991
Sample Variance1036.8T
Range135.1M
R-Value(0.04)
Mean Square Error1115.1T
R-Squared0
Significance0.90
Slope(263,673)
Total Sum of Squares14515.8T

Wex Tax Provision History

202462.2 M
2023114.5 M
202293.1 M
202167.8 M
2020-20.6 M
201961.2 M
201868.8 M

About Wex Financial Statements

Wex investors use historical fundamental indicators, such as Wex's Tax Provision, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Wex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision114.5 M62.2 M

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Additional Tools for Wex Stock Analysis

When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.