Wells Fargo & Company (WFC) Gross Margin: 64.80%
Is Wells Fargo & Company’s gross margin high or low?
Wells Fargo & Company's gross margin of 64.80% is 14% below its 5-year average of 75.77%, near the low end of its 5-year range (62.17%–100.29%).
The gross margin for Wells Fargo & Company (WFC) is 64.80% as of Tuesday, June 9, 2026. It is above its 12-month average by 2.07% (63.48%).
WFC Gross Margin Chart
WFC Average Gross Margin Chart
WFC Current vs Average Gross Margin Chart
WFC Gross Margin Metrics
GROSS MARGIN
64.80%
GROSS MARGIN AVG TTM
63.48%
GROSS MARGIN AVG 3Y
70.30%
GROSS MARGIN AVG 5Y
75.77%
GROSS MARGIN AVG 10Y
80.75%
GROSS MARGIN AVG 15Y
82.37%
GROSS MARGIN AVG 20Y
78.34%
CURRENT VS TTM AVG
+2.07%
CURRENT VS 3Y AVG
-7.82%
CURRENT VS 5Y AVG
-14.48%
CURRENT VS 10Y AVG
-19.75%
CURRENT VS 15Y AVG
-21.33%
CURRENT VS 20Y AVG
-17.28%
WFC Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Wells Fargo & Company (WFC) | — | 64.80% | 63.48% | 70.30% | 75.77% |
| Citigroup Inc. (C) | $229.72B | 44.55% | 43.10% | 49.78% | 59.91% |
| American Express Company (AXP) | $217.24B | 83.23% | 82.56% | 84.69% | 86.88% |
| The Goldman Sachs Group, Inc. (GS) | $304.45B | 47.48% | 44.30% | 48.82% | 60.59% |
| Morgan Stanley (MS) | $331.62B | 57.07% | 56.34% | 62.35% | 72.96% |
| BlackRock, Inc. (BLK) | $157.09B | 55.52% | 52.47% | 50.40% | 50.54% |
| The Charles Schwab Corporation (SCHW) | $154.38B | 86.44% | 80.92% | 82.18% | 87.13% |
| Chubb Limited (CB) | $126.10B | 29.45% | 29.13% | 27.76% | 26.38% |
| S&P Global Inc. (SPGI) | $125.75B | 70.25% | 69.67% | 68.16% | 69.70% |
| The Progressive Corporation (PGR) | $116.94B | 29.47% | 28.60% | 22.84% | 24.41% |
Gross Margin Analysis
Gross Margin
64.8%
(Revenue - COGS) / Revenue
Wells Fargo & Company Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Wells Fargo & Company Gross Margin FAQ
- What is the gross margin for Wells Fargo & Company (WFC)?
- The gross margin for WFC stock is 64.80%.
- Is Wells Fargo & Company's gross margin high or low?
- Wells Fargo & Company's gross margin of 64.80% is 14% below its 5-year average of 75.77%, near the low end of its 5-year range (62.17%–100.29%).
- What is the TTM average gross margin for Wells Fargo & Company (WFC)?
- The TTM average gross margin for WFC stock is 63.48%.
- What is the 3Y average gross margin for Wells Fargo & Company (WFC)?
- The 3Y average gross margin for WFC stock is 70.30%.
- What is the 5Y average gross margin for Wells Fargo & Company (WFC)?
- The 5Y average gross margin for WFC stock is 75.77%.
- What is the 10Y average gross margin for Wells Fargo & Company (WFC)?
- The 10Y average gross margin for WFC stock is 80.75%.
- What is the 15Y average gross margin for Wells Fargo & Company (WFC)?
- The 15Y average gross margin for WFC stock is 82.37%.
- What is the 20Y average gross margin for Wells Fargo & Company (WFC)?
- The 20Y average gross margin for WFC stock is 78.34%.
Wells Fargo & Company Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 64.80% |
| 2024-12-31 | 62.17% |
| 2023-12-31 | 66.93% |
| 2022-12-31 | 87.29% |
| 2021-12-31 | 100.29% |
| 2020-12-31 | 73.13% |
| 2019-12-31 | 79.62% |
| 2018-12-31 | 83.78% |
| 2017-12-31 | 87.85% |
| 2016-12-31 | 89.72% |
| 2015-12-31 | 92.69% |
| 2014-12-31 | 93.70% |
| 2013-12-31 | 92.38% |
| 2012-12-31 | 86.21% |
| 2011-12-31 | 83.11% |
| 2010-12-31 | 74.27% |
| 2009-12-31 | 67.88% |
| 2008-12-31 | 50.88% |
| 2007-12-31 | 63.79% |
| 2006-12-31 | 69.32% |
| 2005-12-31 | 75.33% |
| 2004-12-31 | 83.47% |
| 2003-12-31 | 83.86% |
| 2002-12-31 | 80.63% |
| 2001-12-31 | 69.45% |
| 2000-12-31 | 66.67% |
| 1999-12-31 | 71.05% |
| 1998-12-31 | 67.73% |
| 1997-12-31 | 68.39% |
| 1996-12-31 | 70.93% |
Related Metrics
About Wells Fargo & Company
Wells Fargo & Company is a prominent global financial institution, offering a broad spectrum of services that encompass banking, investment management, mortgage lending, and various consumer and commercial finance solutions throughout the United States and internationally. Its operations are structured into four key divisions: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. The Consumer Banking and Lending division caters to individual customers and small enterprises, providing a range of financial offerings. These include fundamental services like checking and savings accounts, credit and debit cards, and diverse loan products for homes, vehicles, personal use, and small business expansion. The Commercial Banking segment focuses on delivering financial solutions to private, family-owned, and select publicly traded companies. This involves comprehensive banking and credit services for various industries and municipal entities, alongside secured lending, leasing options, and treasury management support. For corporate, commercial real estate, government, and institutional clients, the Corporate and Investment Banking division delivers an extensive portfolio of capital markets, banking, and financial products. Key services include corporate and investment banking, treasury management, commercial real estate lending and servicing, equity and fixed income strategies, complemented by robust sales, trading, and research support. Finally, the Wealth and Investment Management segment specializes in offering personalized wealth management, brokerage services, financial planning, lending, private banking, and trust and fiduciary solutions. These are primarily targeted at affluent, high-net-worth, and ultra-high-net-worth individuals, often delivered through a network of financial advisors. Established in 1852, Wells Fargo & Company maintains its headquarters in San Francisco, California.
- Sector
- Financial Services
- Industry
- Banks - Diversified
- CEO
- Charles W. Scharf