WEX
WEX
#2223
Rank
โ‚ฌ6.50 B
Marketcap
163,43ย โ‚ฌ
Share price
1.16%
Change (1 day)
-7.35%
Change (1 year)
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 December 2024 (TTM): 26.60%

According to WEX's latest financial reports and stock price the company's current Operating Margin is 26.60%. At the end of 2023 the company had an Operating Margin of 14.47%.

Operating Margin history for WEX from 2005 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.47%30.61%
202211.08%0.58%
202111.02%-157.08%
2020-19.30%-253.66%
201912.56%-21.43%
201815.99%14.44%
201713.97%189.06%
20164.83%-77.66%
201521.64%-41.35%
201436.89%11.02%
201333.23%0.43%
201233.09%-12.28%
201137.72%1.49%
201037.16%-48%
200971.46%43.67%
200849.74%2.48%
200748.53%21.36%
200639.99%246.26%
200511.55%-74.05%
200444.51%22.68%
200336.28%14.47%
200231.69%15.8%
200127.37%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
12.07%-54.62%๐Ÿ‡บ๐Ÿ‡ธ USA
21.71%-18.38%๐Ÿ‡บ๐Ÿ‡ธ USA
17.11%-35.68%๐Ÿ‡บ๐Ÿ‡ธ USA
9.18%-65.49%๐Ÿ‡บ๐Ÿ‡ธ USA
53.93% 102.74%๐Ÿ‡บ๐Ÿ‡ธ USA
66.57% 150.26%๐Ÿ‡บ๐Ÿ‡ธ USA
34.71% 30.49%๐Ÿ‡บ๐Ÿ‡ธ USA
6.78%-74.51%๐Ÿ‡บ๐Ÿ‡ธ 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.