According to WEX's latest financial reports and stock price the company's current Operating Margin is 24.87%. At the end of 2024 the company had an Operating Margin of 15.90%.
Year | Operating Margin | Change |
---|---|---|
2024 | 15.90% | 9.83% |
2023 | 14.47% | 30.61% |
2022 | 11.08% | 0.58% |
2021 | 11.02% | -157.08% |
2020 | -19.30% | -253.66% |
2019 | 12.56% | -21.43% |
2018 | 15.99% | 14.44% |
2017 | 13.97% | 189.06% |
2016 | 4.83% | -77.66% |
2015 | 21.64% | -41.35% |
2014 | 36.89% | 11.02% |
2013 | 33.23% | 0.43% |
2012 | 33.09% | -12.28% |
2011 | 37.72% | 1.49% |
2010 | 37.16% | -48% |
2009 | 71.46% | 43.67% |
2008 | 49.74% | 2.48% |
2007 | 48.53% | 21.36% |
2006 | 39.99% | 246.26% |
2005 | 11.55% | -74.05% |
2004 | 44.51% | 22.68% |
2003 | 36.28% | 14.47% |
2002 | 31.69% | 15.8% |
2001 | 27.37% |
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.