Basis: Trailing twelve months (TTM net income over TTM revenue). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the net profit margin high or low?
The net profit margin of 17.54% is in line with its 5-year average of 17.31%, around the middle of its 5-year range (11.28%–28.54%).
0.66% below its 12-month average of 17.66%.
Reported quarterly profit margin; no daily interpolation. Q2 FY2026 (2026-06-30): 19.07%.
NET PROFIT MARGIN
17.54%
NET PROFIT MARGIN AVG TTM
17.66%
NET PROFIT MARGIN AVG 3Y
17.05%
NET PROFIT MARGIN AVG 5Y
17.31%
NET PROFIT MARGIN AVG 10Y
19.56%
NET PROFIT MARGIN AVG 15Y
21.01%
NET PROFIT MARGIN AVG 20Y
19.43%
CURRENT VS TTM AVG
-0.66%
CURRENT VS 3Y AVG
+2.89%
CURRENT VS 5Y AVG
+1.34%
CURRENT VS 10Y AVG
-10.31%
CURRENT VS 15Y AVG
-16.53%
CURRENT VS 20Y AVG
-9.72%
SECTOR MEDIAN · FINANCIAL SERVICES
18.06%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
-2.88%
vs the sector median at left
Wells Fargo & Company
Market Cap
$263.24B
Net Profit Margin
17.54%
TTM Avg
17.66%
3Y Avg
17.05%
5Y Avg
17.31%
Market Cap
$276.71B
Net Profit Margin
17.78%
TTM Avg
12.49%
3Y Avg
12.30%
5Y Avg
16.70%
Market Cap
$210.99B
Net Profit Margin
13.61%
TTM Avg
13.55%
3Y Avg
13.26%
5Y Avg
13.23%
Market Cap
$319.41B
Net Profit Margin
15.99%
TTM Avg
13.82%
3Y Avg
13.89%
5Y Avg
17.29%
Market Cap
$203.75B
Net Profit Margin
14.41%
TTM Avg
12.57%
3Y Avg
16.22%
5Y Avg
19.44%
Market Cap
$182.89B
Net Profit Margin
33.62%
TTM Avg
27.42%
3Y Avg
26.72%
5Y Avg
27.49%
Market Cap
$165.22B
Net Profit Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$160.77B
Net Profit Margin
24.09%
TTM Avg
27.07%
3Y Avg
28.48%
5Y Avg
29.14%
| NAME | MARKET CAP | NET PROFIT MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Wells Fargo & Company (WFC) | $263.24B | 17.54% | 17.66% | 17.05% | 17.31% |
| The Goldman Sachs Group, Inc. (GS)vs › | $276.71B | 17.78% | 12.49% | 12.30% | 16.70% |
| Citigroup Inc. (C)vs › | $228.00B | 10.24% | 7.96% | 9.17% | 12.77% |
| American Express Company (AXP)vs › | $210.99B | 13.61% | 13.55% | 13.26% | 13.23% |
| Morgan Stanley (MS)vs › | $319.41B | 15.99% | 13.82% | 13.89% | 17.29% |
| The Toronto-Dominion Bank (TD)vs › | $203.75B | 14.41% | 12.57% | 16.22% | 19.44% |
| The Charles Schwab Corporation (SCHW)vs › | $182.89B | 33.62% | 27.42% | 26.72% | 27.49% |
| Vanguard FTSE Emerging Markets ETF (VWO)vs › | $165.22B | N/A | N/A | N/A | N/A |
| BlackRock, Inc. (BLK)vs › | $160.77B | 24.09% | 27.07% | 28.48% | 29.14% |
| Interactive Brokers Group, Inc. (IBKR)vs › | $149.89B | 10.14% | 8.86% | 8.62% | 8.84% |
Operating Margin
21.2%
Net Profit Margin
17.5%
Net Profit Margin = Net Income / Revenue
Net profit margin is the percentage of revenue that becomes net income after all expenses, taxes, and interest.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | NET PROFIT MARGIN |
|---|---|
| 2026-06-30 | 19.07% |
| 2026-03-31 | 16.64% |
| 2025-12-31 | 16.85% |
| 2025-09-30 | 17.52% |
| 2025-06-30 | 18.20% |
| 2025-03-31 | 16.52% |
| 2024-12-31 | 16.60% |
| 2024-09-30 | 16.15% |
| 2024-06-30 | 15.51% |
| 2024-03-31 | 14.67% |
| 2023-12-31 | 11.28% |
| 2023-09-30 | 19.32% |
| 2023-06-30 | 17.51% |
| 2023-03-31 | 18.66% |
| 2022-12-31 | 11.92% |
| 2022-09-30 | 16.36% |
| 2022-06-30 | 17.08% |
| 2022-03-31 | 20.27% |
| 2021-12-31 | 26.48% |
| 2021-09-30 | 25.92% |
| 2021-06-30 | 28.54% |
| 2021-03-31 | 23.45% |
| 2020-12-31 | 15.52% |
| 2020-09-30 | 15.50% |
| 2020-06-30 | -19.03% |
| 2020-03-31 | 3.09% |
| 2019-12-31 | 11.84% |
| 2019-09-30 | 17.15% |
| 2019-06-30 | 23.44% |
| 2019-03-31 | 22.28% |
| 2018-12-31 | 24.01% |
| 2018-09-30 | 23.34% |
| 2018-06-30 | 20.72% |
| 2018-03-31 | 20.51% |
| 2017-12-31 | 26.76% |
| 2017-09-30 | 18.58% |
| 2017-06-30 | 23.94% |
| 2017-03-31 | 23.33% |
| 2016-12-31 | 23.68% |
| 2016-09-30 | 23.79% |
| 2016-06-30 | 23.77% |
| 2016-03-31 | 23.49% |
| 2015-12-31 | 25.09% |
| 2015-09-30 | 26.41% |
| 2015-06-30 | 26.29% |
| 2015-03-31 | 26.52% |
| 2014-12-31 | 25.86% |
| 2014-09-30 | 26.62% |
| 2014-06-30 | 26.49% |
| 2014-03-31 | 28.37% |
| 2013-12-31 | 26.66% |
| 2013-09-30 | 26.56% |
| 2013-06-30 | 24.80% |
| 2013-03-31 | 23.19% |
| 2012-12-31 | 22.68% |
| 2012-09-30 | 22.13% |
| 2012-06-30 | 20.67% |
| 2012-03-31 | 18.76% |
| 2011-12-31 | 18.64% |
| 2011-09-30 | 19.38% |
| 2011-06-30 | 18.48% |
| 2011-03-31 | 17.25% |
| 2010-12-31 | 14.79% |
| 2010-09-30 | 14.66% |
| 2010-06-30 | 13.24% |
| 2010-03-31 | 10.85% |
| 2009-12-31 | 11.47% |
| 2009-09-30 | 13.09% |
| 2009-06-30 | 12.69% |
| 2009-03-31 | 12.63% |
| 2008-12-31 | -22.34% |
| 2008-09-30 | 12.33% |
| 2008-06-30 | 12.81% |
| 2008-03-31 | 14.99% |
| 2007-12-31 | 9.46% |
| 2007-09-30 | 16.55% |
| 2007-06-30 | 17.18% |
| 2007-03-31 | 17.85% |
| 2006-12-31 | 18.40% |
| 2006-09-30 | 17.86% |
| 2006-06-30 | 17.58% |
| 2006-03-31 | 17.99% |
| 2005-12-31 | 17.71% |
| 2005-09-30 | 18.86% |
| 2005-06-30 | 20.04% |
| 2005-03-31 | 19.52% |
| 2004-12-31 | 19.10% |
| 2004-09-30 | 21.05% |
| 2004-06-30 | 20.73% |
| 2004-03-31 | 22.21% |
| 2003-12-31 | 18.51% |
| 2003-09-30 | 19.11% |
| 2003-06-30 | 19.52% |
| 2003-03-31 | 19.73% |
| 2002-12-31 | 19.70% |
| 2002-09-30 | 20.50% |
