Wells Fargo & Co.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 43.1% | 24.9% |
| FY2017 | — | 41.6% | 25.1% |
| FY2018 | — | 50.0% | 25.9% |
| FY2019 | — | 52.7% | 23.2% |
| FY2020 | — | 14.5% | 4.7% |
| FY2021 | — | 42.7% | 28.2% |
| FY2022 | — | 33.5% | 18.5% |
| FY2023 | — | 65.8% | 23.2% |
| FY2024 | — | 28.4% | 24.0% |
| FY2025 | — | 30.1% | 25.5% |