WFC Wells Fargo margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 78

Gross margin

100%

Operating margin

31.7%

EBITDA margin

40.1%

Net margin

26.3%

The Wells Fargo reports a gross margin of 100%, an operating margin of 31.7%, an EBITDA margin of 40.1%, and a net margin of 26.3%. Operating margin improved by 2.6 percentage points, while other available margins were unchanged.

WFC margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Wells Fargo's margins averaged 100% gross, 28.53% operating, 37.13% EBITDA, and 24.41% net. The current figures show operating, EBITDA, and net margins are above their three-year averages.

WFC margin expansion

Year-over-year margin changes in percentage points

From the same period last year, operating margin expanded by 2.6 percentage points, EBITDA margin by 2.1 percentage points, and net margin by 0.9 percentage points, while gross margin was unchanged.

Gross margin expansion

0pp

Operating margin expansion

2.6pp

EBITDA margin expansion

2.1pp

Net margin expansion

0.9pp

WFC Gross margin

Wells Fargo's gross margin averaged 100% across the past 3 years. The latest gross margin for Wells Fargo is 100%, in line with its three-year average. Over the last 3 years, Wells Fargo's gross margin peaked at 100% in Sep 2026 and reached a low of 100% in Dec 2023.

WFC Operating margin

Wells Fargo recorded an average operating margin of 28.53% across the last 3 years. Wells Fargo currently reports an operating margin of 31.7%, 3.2 percentage points above its three-year average. Operating margin was highest at 31.7% in Sep 2026 and lowest at 25.8% in Mar 2024.

WFC EBITDA margin

Over the last 3 years, Wells Fargo's EBITDA margin averaged 37.13%. Right now, Wells Fargo's current EBITDA margin is 40.1%, which is 3 percentage points above its three-year average. During this period, EBITDA margin reached a high of 40.1% in Sep 2026 and a low of 33.7% in Mar 2024.

WFC Net margin

Over the last 3 years, Wells Fargo's net margin averaged 24.41%. Right now, Wells Fargo's current net margin is 26.3%, which is 1.9 percentage points above its three-year average. During this period, net margin reached a high of 26.3% in Sep 2026 and a low of 22% in Sep 2024.

WFC margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 100%, WFC stands higher than the Financial Services sector, the industry and its peers average. Looking at the Financial Services sector average of 83.5%, Wells Fargo's gross margin is 20% higher.

WFC margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Wells Fargo's gross margin?

The current gross margin for WFC is 100% as of Sep 30, 2026.

What is Wells Fargo's operating margin?

The current operating margin for WFC is 31.7% as of Sep 30, 2026.

What is Wells Fargo's EBITDA margin?

The current EBITDA margin for WFC is 40.1% as of Sep 30, 2026.

What is Wells Fargo's net margin?

The current net margin for WFC is 26.3% as of Sep 30, 2026.

What are the average margins of WFC?

Wells Fargo's average margins over the last 3 years were 100.0% gross, 28.5% operating, 37.1% EBITDA, and 24.4% net.

What are the highest historical margins of WFC?

Wells Fargo's highest recorded margins during the past 5 years were 100% gross in Sep 2026, 37.3% operating in Dec 2021, 45.2% EBITDA in Dec 2021, and 27.9% net in Dec 2021.

What are the lowest historical margins of WFC?

Across the 5-year period, WFC posted its lowest margins at 100% gross in Dec 2021, 21% operating in Dec 2022, 30.6% EBITDA in Dec 2022, and 18.4% net in Dec 2022.