Wells Fargo
WFC
#69
Rank
$154.70 B
Marketcap
$41.23
Share price
0.81%
Change (1 day)
-9.92%
Change (1 year)

Operating Margin for Wells Fargo (WFC)

Operating Margin as of May 2023 (TTM): 21.19%

According to Wells Fargo's latest financial reports and stock price the company's current Operating Margin is 21.19%. 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%4.08%
201731.73%-14.32%
201637.04%-7.71%
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%166.2%
20087.64%-74.6%
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
32.84% 54.98%๐Ÿ‡บ๐Ÿ‡ธ USA
31.00% 46.30%๐Ÿ‡บ๐Ÿ‡ธ USA
35.44% 67.25%๐Ÿ‡บ๐Ÿ‡ธ USA
39.42% 86.03%๐Ÿ‡บ๐Ÿ‡ธ USA
38.19% 80.23%๐Ÿ‡บ๐Ÿ‡ธ USA
25.77% 21.61%๐Ÿ‡บ๐Ÿ‡ธ USA
29.13% 37.47%๐Ÿ‡บ๐Ÿ‡ธ USA
40.75% 92.31%๐Ÿ‡บ๐Ÿ‡ธ USA
36.79% 73.62%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.