Wells Fargo
WFC
#55
Rank
$200.64 B
Marketcap
$57.30
Share price
1.47%
Change (1 day)
44.55%
Change (1 year)

Operating Margin for Wells Fargo (WFC)

Operating Margin as of April 2024 (TTM): 23.13%

According to Wells Fargo's latest financial reports and stock price the company's current Operating Margin is 23.13%. At the end of 2022 the company had an Operating Margin of 20.29%.

Operating Margin history for Wells Fargo from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202220.29%-44.74%
202136.71%4470.99%
20200.80%-97.18%
201928.45%-13.87%
201833.03%5.1%
201731.42%-14.51%
201636.76%-8.95%
201540.37%-2.43%
201441.38%4.37%
201339.64%17.8%
201233.65%13.05%
201129.77%32.28%
201022.50%10.66%
200920.34%139.53%
20088.49%-71.77%
200730.08%-17.51%
200636.46%4.04%
200535.05%-2.17%
200435.83%7.32%
200333.38%-7.64%
200236.14%32.93%
200127.19%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
33.15% 43.32%๐Ÿ‡บ๐Ÿ‡ธ USA
27.21% 17.64%๐Ÿ‡บ๐Ÿ‡ธ USA
34.82% 50.54%๐Ÿ‡บ๐Ÿ‡ธ USA
38.20% 65.15%๐Ÿ‡บ๐Ÿ‡ธ USA
40.01% 72.98%๐Ÿ‡บ๐Ÿ‡ธ USA
23.30% 0.73%๐Ÿ‡บ๐Ÿ‡ธ USA
27.15% 17.38%๐Ÿ‡บ๐Ÿ‡ธ USA
40.75% 76.18%๐Ÿ‡บ๐Ÿ‡ธ USA
42.71% 84.65%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.