• Wells Fargo average operating margin for 2024 was 17.77%, a 5.58% increase from 2023.
• Wells Fargo average operating margin for 2023 was 18.82%, a 31.86% decline from 2022.
• Wells Fargo average operating margin for 2022 was 27.62%, a 3.64% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.