Westpac Banking
WBC.AX
$14.58
Share price
0.14%
Change (1 day)
-14.74%
Change (1 year)
Categories
Operating Margin for Westpac Banking (WBC.AX)
Operating Margin as of May 2023 (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 |
|---|---|---|
| 2022 | 41.50% | 2.61% |
| 2021 | 40.44% | 88.71% |
| 2020 | 21.43% | -54.65% |
| 2019 | 47.25% | -9.99% |
| 2018 | 52.50% | -1.95% |
| 2017 | 53.54% | 5.41% |
| 2016 | 50.80% | -8.36% |
| 2015 | 55.43% | 2.2% |
| 2014 | 54.24% | 2.48% |
| 2013 | 52.93% | 7.36% |
| 2012 | 49.30% | -2.07% |
| 2011 | 50.34% | 5.61% |
| 2010 | 47.66% | 31.37% |
| 2009 | 36.28% | -23.64% |
| 2008 | 47.51% | -6.28% |
| 2007 | 50.70% | 1.51% |
| 2006 | 49.95% | 8.85% |
| 2005 | 45.88% | 5.26% |
| 2004 | 43.59% | 9.75% |
| 2003 | 39.72% | 8.33% |
| 2002 | 36.66% | 12.9% |
| 2001 | 32.47% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Royal Bank Of Canada RY | 39.55% | -4.68% | 🇨🇦 Canada |
 Citigroup C | 25.77% | -37.89% | 🇺🇸 USA |
 CIBC CM | 30.52% | -26.44% | 🇨🇦 Canada |
 Commonwealth Bank CBA.AX | 57.19% | 37.84% | 🇦🇺 Australia |
 ICICI Bank IBN | 34.84% | -16.03% | 🇮🇳 India |
 Barclays BCS | 28.67% | -30.90% | 🇬🇧 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.