TTM
21.3%
YoY change
+23.34pp
Trough year (2023)
-2.6%
Peak year (2004)
34.8%
Latest annual
20.9%
Operating Margin history chart for Truist Financial (TFC) from 1989 to 2025
Latest: 20.9%
Operating Margin change chart for Truist Financial (TFC) from 1989 to 2025
Latest: +23.34pp
Operating Margin history table for Truist Financial (TFC) from 1989 to 2025
| 2025 | 20.9% | +23.34pp | ||
| 2024 | -2.5% | +0.08pp | ||
| 2023 | -2.6% | -34.08pp | ||
| 2022 | 31.5% | -3.13pp | ||
| 2021 | 34.7% | +12.25pp | ||
| 2020 | 22.4% | -5.00pp | ||
| 2019 | 27.4% | -3.83pp | ||
| 2018 | 31.2% | +3.88pp | ||
| 2017 | 27.4% | -2.97pp | ||
| 2016 | 30.3% | +2.88pp | ||
| 2015 | 27.5% | -2.78pp | ||
| 2014 | 30.2% | -0.15pp | ||
| 2013 | 30.4% | +5.13pp | ||
| 2012 | 25.3% | +9.43pp | ||
| 2011 | 15.8% | +7.16pp | ||
| 2010 | 8.7% | -0.95pp | ||
| 2009 | 9.6% | -10.52pp | ||
| 2008 | 20.1% | -4.11pp | ||
| 2007 | 24.2% | -2.11pp | ||
| 2006 | 26.4% | -5.16pp | ||
| 2005 | 31.5% | -3.31pp | ||
| 2004 | 34.8% | +8.94pp | ||
| 2003 | 25.9% | -3.33pp | ||
| 2002 | 29.2% | +7.39pp | ||
| 2001 | 21.8% | +4.15pp | ||
| 2000 | 17.7% | -4.58pp | ||
| 1999 | 22.3% | -0.64pp | ||
| 1998 | 22.9% | +2.94pp | ||
| 1997 | 20.0% | -1.35pp | ||
| 1996 | 21.3% | +5.50pp | ||
| 1995 | 15.8% | -9.46pp | ||
| 1994 | 25.3% | -0.63pp | ||
| 1993 | 25.9% | +6.08pp | ||
| 1992 | 19.8% | +7.42pp | ||
| 1991 | 12.4% | +3.49pp | ||
| 1990 | 8.9% | -2.12pp | ||
| 1989 | 11.0% | — |
- 202520.9%+23.34pp
- 2024-2.5%+0.08pp
- 2023-2.6%-34.08pp
- 202231.5%-3.13pp
- 202134.7%+12.25pp
- 202022.4%-5.00pp
- 201927.4%-3.83pp
- 201831.2%+3.88pp
- 201727.4%-2.97pp
- 201630.3%+2.88pp
- 201527.5%-2.78pp
- 201430.2%-0.15pp
- 201330.4%+5.13pp
- 201225.3%+9.43pp
- 201115.8%+7.16pp
- 20108.7%-0.95pp
- 20099.6%-10.52pp
- 200820.1%-4.11pp
- 200724.2%-2.11pp
- 200626.4%-5.16pp
- 200531.5%-3.31pp
- 200434.8%+8.94pp
- 200325.9%-3.33pp
- 200229.2%+7.39pp
- 200121.8%+4.15pp
- 200017.7%-4.58pp
- 199922.3%-0.64pp
- 199822.9%+2.94pp
- 199720.0%-1.35pp
- 199621.3%+5.50pp
- 199515.8%-9.46pp
- 199425.3%-0.63pp
- 199325.9%+6.08pp
- 199219.8%+7.42pp
- 199112.4%+3.49pp
- 19908.9%-2.12pp
- 198911.0%—
Operating Margin values are taken from Truist Financial's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Truist Financial (TFC)
According to Truist Financial's latest reported financial statements, the company's latest reported operating margin is 21.3%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Truist Financial (TFC) operating margin totalled 20.86% – expanded 23.3 percentage points year-over-year.
34.83% stands as the all-time-high annual operating margin, posted in 2004, against a low of -2.55% during 2023.
Truist Financial Operating Margin by Year
Truist Financial Operating Margin 2025: 20.9%
2025's operating margin for Truist Financial came in at 20.86%, expanded 23.3 percentage points from 2024.
Truist Financial Operating Margin 2024: -2.5%
Truist Financial posted operating margin of -2.48% in 2024, expanded 0.1 percentage points from 2023.
Truist Financial Operating Margin 2023: -2.6%
In 2023, Truist Financial reported operating margin of -2.55%, contracted 34.1 percentage points from 2022. This figure represents the lowest annual value in the available history.
Truist Financial Operating Margin 2022: 31.5%
Truist Financial operating margin in 2022 was 31.53%, contracted 3.1 percentage points from 2021.
Truist Financial Operating Margin 2021: 34.7%
Truist Financial operating margin in 2021 was 34.66%.
See more financial history for Truist Financial (TFC).
Sector peers by Operating Margin
Financial Services peers of Truist Financial (TFC), ranked by their latest operating margin
| 61.1% | |
| 59.4% | |
| 26.2% | |
| 22.9% | |
| 20.5% | |
| 20.5% | |
| 19.5% | |
| 16.1% |
- 61.1%
- 59.4%
- 26.2%
- 20.5%
- 20.5%
- 19.5%
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Truist Financial (TFC) Key Financials
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