WEX
WEX
#1740
Rank
$8.13 B
Marketcap
$186.59
Share price
-1.41%
Change (1 day)
15.69%
Change (1 year)
WEX Inc. is a provider of payment processing and information management services to the American vehicle fleet industry.

Operating Margin for WEX (WEX)

Operating Margin as of February 2023 (TTM): 16.32%

According to WEX's latest financial reports and stock price the company's current Operating Margin is 16.32%. At the end of 2021 the company had an Operating Margin of 11.02%.

Operating Margin history for WEX from 2005 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202111.02%-157.1%
2020-19.30%-253.66%
201912.56%-21.43%
201815.99%11.88%
201714.29%67.08%
20168.55%-60.47%
201521.64%-41.35%
201436.89%11.02%
201333.23%0.43%
201233.09%-12.28%
201137.72%1.49%
201037.16%-47.5%
200970.78%42.31%
200849.74%2.48%
200748.53%21.36%
200639.99%246.26%
200511.55%-74.05%
200444.51%22.68%
200336.28%14.47%
200231.69%15.8%
200127.37%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
61.87% 279.11%๐Ÿ‡บ๐Ÿ‡ธ USA
52.99% 224.69%๐Ÿ‡บ๐Ÿ‡ธ USA
8.92%-45.34%๐Ÿ‡บ๐Ÿ‡ธ USA
38.27% 134.50%๐Ÿ‡บ๐Ÿ‡ธ USA
6.52%-60.05%๐Ÿ‡บ๐Ÿ‡ธ USA
18.44% 12.99%๐Ÿ‡บ๐Ÿ‡ธ USA
5.47%-66.48%๐Ÿ‡บ๐Ÿ‡ธ USA
8.03%-50.80%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.