Westpac Banking
WBC.AX
#321
Rank
$59.58 B
Marketcap
$17.00
Share price
0.38%
Change (1 day)
18.55%
Change (1 year)

Operating Margin for Westpac Banking (WBC.AX)

Operating Margin as of March 2024 (TTM): 41.49%

According to Westpac Banking's latest financial reports and stock price the company's current Operating Margin is 41.49%. At the end of 2022 the company had an Operating Margin of 41.50%.

Operating Margin history for Westpac Banking from 2002 to 2008

Operating Margin at the end of each year

Year Operating Margin Change
202241.50%2.61%
202140.44%88.71%
202021.43%-54.65%
201947.25%-9.99%
201852.50%-1.95%
201753.54%5.41%
201650.80%-8.36%
201555.43%2.89%
201453.87%1.78%
201352.93%7.4%
201249.28%-2.11%
201150.34%5.9%
201047.53%31.01%
200936.28%-23.64%
200847.51%-6.28%
200750.70%1.51%
200649.95%8.85%
200545.88%5.26%
200443.59%9.75%
200339.72%8.33%
200236.66%12.9%
200132.47%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
36.06%-13.09%๐Ÿ‡จ๐Ÿ‡ฆ Canada
23.30%-43.84%๐Ÿ‡บ๐Ÿ‡ธ USA
30.75%-25.89%๐Ÿ‡จ๐Ÿ‡ฆ Canada
57.19% 37.84%๐Ÿ‡ฆ๐Ÿ‡บ Australia
36.03%-13.16%๐Ÿ‡ฎ๐Ÿ‡ณ India
31.02%-25.23%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.