Wells Fargo
WFC
#67
Rank
NZ$297.09 B
Marketcap
$87.28
Share price
-5.03%
Change (1 day)
26.98%
Change (1 year)

Operating Margin for Wells Fargo (WFC)

Operating Margin as of September 2024 (TTM): 26.18%

According to Wells Fargo's latest financial reports and stock price the company's current Operating Margin is 26.18%. At the end of 2023 the company had an Operating Margin of 26.19%.

Operating Margin history for Wells Fargo from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202326.19%24.64%
202221.02%-43.72%
202137.34%1007.08%
20203.37%-88.72%
201929.90%-9.45%
201833.03%6.63%
201730.97%-14.88%
201636.39%-9.32%
201540.13%-3.01%
201441.38%4.37%
201339.64%17.8%
201233.65%13.05%
201129.77%32.28%
201022.50%10.66%
200920.34%162.74%
20087.74%-74.72%
200730.62%-15.4%
200636.19%1.66%
200535.60%-1.93%
200436.30%8.75%
200333.38%-4.8%
200235.07%34.75%
200126.02%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
24.52%-6.34%๐Ÿ‡บ๐Ÿ‡ธ USA
31.28% 19.48%๐Ÿ‡บ๐Ÿ‡ธ USA
40.38% 54.24%๐Ÿ‡บ๐Ÿ‡ธ USA
26.48% 1.15%๐Ÿ‡บ๐Ÿ‡ธ USA
14.45%-44.81%๐Ÿ‡บ๐Ÿ‡ธ USA
30.50% 16.50%๐Ÿ‡บ๐Ÿ‡ธ USA
17.38%-33.61%๐Ÿ‡บ๐Ÿ‡ธ USA
28.36% 8.33%๐Ÿ‡บ๐Ÿ‡ธ USA
34.49% 31.74%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.