WEX
WEX
$216.89
Share price
-7.04%
Change (1 day)
19.09%
Change (1 year)
Categories
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 April 2024 (TTM): 18.11%
According to WEX's latest financial reports and stock price the company's current Operating Margin is 18.11%. At the end of 2022 the company had an Operating Margin of 11.08%.
Operating Margin history for WEX from 2005 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 11.08% | 0.58% |
| 2021 | 11.02% | -157.1% |
| 2020 | -19.30% | -253.66% |
| 2019 | 12.56% | -21.43% |
| 2018 | 15.99% | 11.88% |
| 2017 | 14.29% | 67.08% |
| 2016 | 8.55% | -60.47% |
| 2015 | 21.64% | -41.35% |
| 2014 | 36.89% | 11.02% |
| 2013 | 33.23% | 0.43% |
| 2012 | 33.09% | -12.28% |
| 2011 | 37.72% | 1.49% |
| 2010 | 37.16% | -47.5% |
| 2009 | 70.78% | 42.31% |
| 2008 | 49.74% | 2.48% |
| 2007 | 48.53% | 21.36% |
| 2006 | 39.99% | 246.26% |
| 2005 | 11.55% | -74.05% |
| 2004 | 44.51% | 22.68% |
| 2003 | 36.28% | 14.47% |
| 2002 | 31.69% | 15.8% |
| 2001 | 27.37% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Visa V | 63.67% | 251.57% | 🇺🇸 USA |
 Mastercard MA | 53.91% | 197.68% | 🇺🇸 USA |
 Fidelity National Information Services FIS | -159.16% | -978.85% | 🇺🇸 USA |
 Fleetcor FLT | 34.71% | 91.66% | 🇺🇸 USA |
 Global Payments GPN | 16.39% | -9.50% | 🇺🇸 USA |
 Western Union WU | 22.53% | 24.41% | 🇺🇸 USA |
 MoneyGram MGI | 6.78% | -62.56% | 🇺🇸 USA |
 Euronet Worldwide
EEFT | 10.63% | -41.30% | 🇺🇸 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.