WEX
WEX
#1960
Rank
HK$63.87 B
Marketcap
HK$1,555
Share price
0.38%
Change (1 day)
-1.24%
Change (1 year)
WEX Inc. is a provider of payment processing and information management services to the American vehicle fleet industry.

Operating Margin for WEX (WEX)

Operating Margin as of September 2024 (TTM): 22.45%

According to WEX's latest financial reports and stock price the company's current Operating Margin is 22.45%. At the end of 2023 the company had an Operating Margin of 14.47%.

Operating Margin history for WEX from 2005 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.47%30.61%
202211.08%0.58%
202111.02%-157.08%
2020-19.30%-253.66%
201912.56%-21.43%
201815.99%14.44%
201713.97%189.06%
20164.83%-77.66%
201521.64%-41.35%
201436.89%11.02%
201333.23%0.43%
201233.09%-12.28%
201137.72%1.49%
201037.16%-48%
200971.46%43.67%
200849.74%2.48%
200748.53%21.36%
200639.99%246.26%
200511.55%-74.05%
200444.51%22.68%
200336.28%14.47%
200231.69%15.8%
200127.37%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.76%-52.07%๐Ÿ‡บ๐Ÿ‡ธ USA
22.50% 0.22%๐Ÿ‡บ๐Ÿ‡ธ USA
17.11%-23.79%๐Ÿ‡บ๐Ÿ‡ธ USA
8.72%-61.16%๐Ÿ‡บ๐Ÿ‡ธ USA
55.24% 146.06%๐Ÿ‡บ๐Ÿ‡ธ USA
66.38% 195.68%๐Ÿ‡บ๐Ÿ‡ธ USA
34.71% 54.61%๐Ÿ‡บ๐Ÿ‡ธ USA
6.78%-69.80%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.