Wells Fargo & (WFC) Profit Margin
Market Cap: $220.51B
Avg Volume: 17.19M
Industry: Banks - Diversified
Sector: Financial Services
Profit Margin Summary (Annual)
According to Wells Fargo &'s latest annual financial reports, the company has an operating profit margin of 26.19%. This metric indicates the percentage of revenue that remains after deducting operating expenses, excluding interest and taxes.
The company's gross profit margin stands at 100.00%, reflecting the percentage of revenue that exceeds the cost of goods sold (COGS).
The pretax profit margin is 26.19%, indicating the percentage of revenue that remains after deducting all expenses except taxes.
Lastly, the net profit margin is 23.18%, which shows the percentage of revenue that remains as profit after all expenses, including taxes, have been deducted.
The trailing twelve months (TTM) operating profit margin is 30.28%, providing a more up-to-date view of the company's financial health.
Operating Margin
26.19%
Gross Margin
100.00%
Pretax Margin
26.19%
Net Margin
23.18%
Historical Operating Profit Margin
Historical Gross Profit Margin
Historical Pretax Profit Margin
Historical Net Profit Margin
Wells Fargo & Historical Profit Margins
Wells Fargo & Profit Margin History
The table below shows the margins for each year, with the latest data available for the last fiscal year 2023.
| Year | Operating Margin | Gross Margin | Pretax Margin | Net Margin |
|---|---|---|---|---|
| 2023 | 26.19% | 100.00% | 26.19% | 23.18% |
| 2022 | 20.29% | 100.00% | 20.29% | 18.54% |
| 2021 | 36.76% | 100.00% | 36.71% | 28.17% |
| 2020 | 5.59% | 100.00% | 3.46% | 2.47% |
| 2019 | 30.53% | 100.00% | 30.53% | 23.18% |
| 2018 | 33.03% | 100.00% | 33.03% | 25.92% |
| 2017 | 34.22% | 100.00% | 31.42% | 25.46% |
| 2016 | 39.46% | 100.00% | 36.76% | 25.10% |
| 2015 | 42.78% | 100.00% | 40.13% | 27.31% |
| 2014 | 44.18% | 100.00% | 41.38% | 28.13% |
| 2013 | 42.64% | 100.00% | 39.64% | 26.58% |
| 2012 | 37.19% | 100.00% | 33.65% | 22.34% |
| 2011 | 38.12% | 100.00% | 29.77% | 19.97% |
| 2010 | 31.67% | 100.00% | 22.50% | 14.64% |
| 2009 | 31.14% | 100.00% | 20.34% | 13.87% |
| 2008 | 30.82% | 100.00% | 8.49% | 6.29% |
| 2007 | 66.82% | 100.00% | 30.08% | 20.84% |
| 2006 | 71.62% | 100.00% | 36.46% | 24.09% |
| 2005 | 57.68% | 100.00% | 35.05% | 23.28% |
| 2004 | 48.52% | 100.00% | 35.83% | 23.33% |
| 2003 | 45.40% | 100.00% | 33.38% | 21.85% |
| 2002 | 51.25% | 100.00% | 36.14% | 22.18% |
| 2001 | 60.65% | 100.00% | 27.19% | 16.93% |
| 2000 | 73.11% | 100.00% | 33.23% | 20.43% |
| 1999 | 65.38% | 100.00% | 35.46% | 23.92% |
| 1998 | 54.21% | 100.00% | 21.36% | 12.65% |
| 1997 | 67.38% | 100.00% | 29.30% | 19.31% |
| 1996 | 70.20% | 100.00% | 28.43% | 18.42% |
| 1995 | 75.39% | 100.00% | 27.71% | 18.62% |
| 1994 | 62.38% | 100.00% | 26.58% | 18.02% |
| 1993 | 58.58% | 100.00% | 23.93% | 16.68% |
| 1992 | 63.65% | 100.00% | 21.78% | 13.91% |
| 1991 | 86.84% | 100.00% | 18.13% | 15.21% |
| 1990 | 107.84% | 100.00% | 20.22% | 15.12% |
| 1989 | 118.48% | 100.00% | 21.40% | 15.94% |
| 1988 | 0.00% | 0.00% | 0.00% | 0.00% |
| 1987 | 0.00% | 0.00% | 0.00% | 0.00% |
| 1986 | 0.00% | 0.00% | 0.00% | 0.00% |
| 1985 | 0.00% | 0.00% | 0.00% | 0.00% |