Wells Fargo
WFC
$60.19
Share price
0.42%
Change (1 day)
58.65%
Change (1 year)
Categories
Operating Margin for Wells Fargo (WFC)
Operating Margin as of May 2024 (TTM): 23.13%
According to Wells Fargo's latest financial reports and stock price the company's current Operating Margin is 23.13%. 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 |
|---|---|---|
| 2022 | 20.29% | -44.74% |
| 2021 | 36.71% | 4470.99% |
| 2020 | 0.80% | -97.18% |
| 2019 | 28.45% | -13.87% |
| 2018 | 33.03% | 5.1% |
| 2017 | 31.42% | -14.51% |
| 2016 | 36.76% | -8.95% |
| 2015 | 40.37% | -2.43% |
| 2014 | 41.38% | 4.37% |
| 2013 | 39.64% | 17.8% |
| 2012 | 33.65% | 13.05% |
| 2011 | 29.77% | 32.28% |
| 2010 | 22.50% | 10.66% |
| 2009 | 20.34% | 139.53% |
| 2008 | 8.49% | -71.77% |
| 2007 | 30.08% | -17.51% |
| 2006 | 36.46% | 4.04% |
| 2005 | 35.05% | -2.17% |
| 2004 | 35.83% | 7.32% |
| 2003 | 33.38% | -7.64% |
| 2002 | 36.14% | 32.93% |
| 2001 | 27.19% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Bank of America BAC | 33.15% | 43.32% | 🇺🇸 USA |
 KeyCorp (KeyBank) KEY | 27.21% | 17.64% | 🇺🇸 USA |
 PNC Financial Services PNC | 34.82% | 50.54% | 🇺🇸 USA |
 Regions Financial
RF | 38.20% | 65.15% | 🇺🇸 USA |
 JPMorgan Chase JPM | 40.01% | 72.98% | 🇺🇸 USA |
 Citigroup C | 23.30% | 0.73% | 🇺🇸 USA |
 U.S. Bancorp USB | 27.15% | 17.38% | 🇺🇸 USA |
 Great Southern Bancorp GSBC | 40.75% | 76.18% | 🇺🇸 USA |
 First Horizon National FHN | 42.71% | 84.65% | 🇺🇸 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.