• Income Statement
  • Balance Sheet
  • Cashflow Statement
  • Profitability
  • Ratios

Wells Fargo & Company's Income Statement

  Chart 2020 2021 2022 2023 2024
Revenue
$82.23 B $83.08 B $83.44 B $115.34 B $125.40 B
Cost of Revenue
$22.09 B -$240.00 M $10.61 B $38.14 B $47.44 B
Gross Profit
$60.14 B $83.32 B $72.83 B $77.20 B $77.96 B
Research & Development
- - - - -
Selling,General & Administrative
$35.41 B $36.14 B $35.60 B $37.34 B $37.23 B
Operating Expense
$57.63 B $53.76 B $57.21 B $55.56 B $54.60 B
Operating Income
$2.51 B $29.56 B $15.63 B $21.64 B $23.36 B
Net Income
$3.38 B $22.11 B $13.68 B $19.14 B $19.72 B

Wells Fargo & Company's Balance Sheet

Chart 2020 2021 2022 2023 2024
Cash and Cash Equivalents
$485.00 B $411.47 B $272.75 B $362.61 B $363.46 B
Inventories
- - - - -
Total Current Assets
$543.83 B $450.78 B $317.11 B $416.34 B $405.82 B
Property,Plant and Equipment
$20.59 B $18.56 B $17.98 B $18.24 B $19.43 B
Goodwill
$26.39 B $25.18 B $25.17 B $25.18 B $25.17 B
Total Assets
$1.95 T $1.95 T $1.88 T $1.93 T $1.93 T
Total Liabilities
$1.77 T $1.76 T $1.70 T $1.75 T $1.75 T
Retained Earnings
$162.68 B $180.32 B $187.97 B $201.14 B $214.20 B
Total Shareholder Equity
$184.68 B $187.61 B $180.23 B $185.74 B $179.12 B
Common Stock
$9.14 B $9.14 B $9.14 B $9.14 B $9.14 B

Wells Fargo & Company's Cash flow

Chart 2020 2021 2022 2023 2024
Depreciation & Amortization
$8.22 B $7.89 B $6.83 B $6.27 B $7.56 B
Dividends Payout
-$6.14 B -$3.63 B -$5.29 B -$5.93 B -$6.23 B
Capital Expenditures (Capex)
- - - - -
Free Cash Flow (FCF)
$2.05 B -$11.53 B $27.05 B $40.36 B $3.04 B

Wells Fargo & Company's Profitability

Chart 2020 2021 2022 2023 2024
Gross Profit
$60.14 B $83.32 B $72.83 B $77.20 B $77.96 B
Gross Profit Margin (%)
73.13% 100.29% 87.29% 66.93% 62.17%
Operating Income
$2.51 B $29.56 B $15.63 B $21.64 B $23.36 B
Operating Income Margin (%)
3.05% 35.58% 18.73% 18.76% 18.63%
Net Income
$3.38 B $22.11 B $13.68 B $19.14 B $19.72 B
Net Income Margin (%)
4.11% 26.61% 16.39% 16.60% 15.73%
EBITDA
$10.72 B $37.45 B $22.46 B $27.91 B $30.92 B
EBITDA Margin (%)
13.04% 45.08% 26.92% 24.20% 24.66%

Wells Fargo & Company's Ratios

Chart 2020 2021 2022 2023 2024
Return on Equity (ROE)
1.83% 11.78% 7.59% 10.31% 11.01%
Return on Assets (ROA)
0.17% 1.13% 0.73% 0.99% 1.02%
Debt to Equity
147.25% 103.99% 125.41% 159.98% 157.37%
Debt to total asset
13.93% 10.01% 12.02% 15.38% 14.61%
Enterprise value to revenue
1.60 1.87 2.68 2.09 2.68
Enterprise value to EBITDA
12.27 4.16 9.97 8.65 10.88
Enterprise value
$131.62 B $155.76 B $223.97 B $241.47 B $336.49 B
Cash to Debt
0.75% -5.91% 11.97% 13.58% 1.08%
Tax Rate (%)
-46.19% 19.50% 14.40% 12.05% 14.55%
Payout Ratio
181.88% 16.41% 38.70% 30.98% 31.60%

Frequently Asked Questions

What is Wells Fargo & Company's revenue?

In fiscal year 2024, Wells Fargo & Company generated a total revenue of $125.40 Billion.

What is Wells Fargo & Company's net income and net income margin?

In fiscal year 2024, Wells Fargo & Company earned a net income of $19.72 Billion, with a net income margin of 15.73%.

What is Wells Fargo & Company's gross profit and gross profit margin?

In fiscal year 2024, Wells Fargo & Company's gross profit was $77.96 Billion, with a gross profit margin of 62.17%.

What is Wells Fargo & Company's operating profit and operating profit margin?

In fiscal year 2024, Wells Fargo & Company's operating profit was $23.36 Billion, with an operating profit margin of 18.63%.

What is Wells Fargo & Company's EBITDA?

In fiscal year 2024, Wells Fargo & Company's EBITDA was $30.92 Billion.

What is Wells Fargo & Company's free cash flow?

In fiscal year 2024, Wells Fargo & Company's free cash flow was $3.04 Billion.

What are Wells Fargo & Company's total asset and total liability?

In fiscal year 2024, Wells Fargo & Company's total asset was $1.93 Trillion, while its total liability was $1.75 Trillion.

What are Wells Fargo & Company's capital expenditure (capex) and operating expense (opex)?

In fiscal year 2024, Wells Fargo & Company's capital expenditure (capex) was -, while its operating expense (opex) was $54.60 Billion.

What is Wells Fargo & Company's Return on Equity (ROE)?

In fiscal year 2024, Wells Fargo & Company's Return on Equity (ROE) was 11.01%.

What was Wells Fargo & Company's income tax expense, and what is its effective tax rate?

In fiscal year 2024, Wells Fargo & Company's income tax expense amounted to $3.40 Billion, with an effective tax rate of 14.55%.

What is Wells Fargo & Company's Market cap?

As of , Wells Fargo & Company's market cap is .

What is Wells Fargo & Company's Enterprise value?

Wells Fargo & Company's enterprise value reached $336.49 Billion, according to its recent quarterly filing.