Wells Fargo Gross Margin 2010-2024 | WFC
- Wells Fargo average gross margin for 2023 was 77.81%, a 16.49% decline from 2022.
- Wells Fargo average gross margin for 2022 was 93.17%, a 1.16% decline from 2021.
- Wells Fargo average gross margin for 2021 was 94.26%, a 9.39% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.