Bill.com Holdings, Inc. vs WEX Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
Summary Verdict
BILL: 4—WEX: 1wins
Rule of 40
23.8BILL
-53.8WEX
check_circleBILL leads
Revenue Growth
7.7%BILL
2.4%WEX
check_circleBILL leads
Gross Margin
81%BILL
42%WEX
check_circleBILL leads
FCF Margin
16.1%BILL
-56.1%WEX
check_circleBILL leads
Operating Margin
-4.3%BILL
36.7%WEX
check_circleWEX leads
NRR
—BILL
—WEX
Metric
Rule of 40Efficiency score
BILL
23.8check_circle
WEX
-53.8
Revenue GrowthYoY
BILL
7.7%check_circle
WEX
2.4%
Gross Margin% of revenue
BILL
81%check_circle
WEX
42%
FCF MarginFree cash flow
BILL
16.1%check_circle
WEX
-56.1%
Operating MarginGAAP
BILL
-4.3%
WEX
36.7%check_circle
NRRNet retention
BILL
N/A
WEX
N/A
EV / RevenueValuation multiple
BILL
N/A
WEX
4.6x
Market CapUSD
BILL
N/A
WEX
$6.6B
ARR GrowthYoY
BILL
N/A
WEX
N/A
CAC PaybackMonths to recover
BILL
N/A
WEX
N/A
insights
Analysis
As of Q1 2026, Bill.com Holdings, Inc. trades at N/A EV/Revenue versus WEX Inc. at 4.6x. On the Rule of 40, Bill.com Holdings, Inc. scores 23.8 compared to WEX Inc.'s -53.8, placing Bill.com Holdings, Inc. ahead in operating efficiency. Gross margins stand at Bill.com Holdings, Inc. 81% vs WEX Inc. 42%.
Sector Context
Both companies operate in the Fintech sector. The median columns above show where each company stands relative to their peers.