Volkswagen AG Operating Margin Growth & History (VOW3)
Volkswagen AG's operating margin was 2.75% for fiscal 2025.
View full Volkswagen AG company overviewVolkswagen AG annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 2.75% | −3.12 pp |
| 2024 | 2024-12-31 | 5.87% | −1.12 pp |
| 2023 | 2023-12-31 | 6.99% | −0.93 pp |
| 2022 | 2022-12-31 | 7.92% | +0.22 pp |
| 2021 | 2021-12-31 | 7.70% | +3.36 pp |
| 2020 | 2020-12-31 | 4.34% | −2.37 pp |
| 2019 | 2019-12-31 | 6.71% | +0.81 pp |
| 2018 | 2018-12-31 | 5.90% | −0.09 pp |
| 2017 | 2017-12-31 | 5.99% | +2.72 pp |
| 2016 | 2016-12-31 | 3.27% | +5.18 pp |
| 2015 | 2015-12-31 | −1.91% | −8.18 pp |
| 2014 | 2014-12-31 | 6.27% | +0.35 pp |
| 2013 | 2013-12-31 | 5.92% | −0.05 pp |
| 2012 | 2012-12-31 | 5.97% | −1.10 pp |
| 2011 | 2011-12-31 | 7.07% | −0.37 pp |
| 2010 | 2010-12-31 | 7.44% | — |
Volkswagen AG quarterly operating margin
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.21% | −0.54 pp |
| Q1 2026 | 2026-03-31 | 3.25% | −0.45 pp |
| Q4 2025 | 2025-12-31 | 5.39% | — |
| Q2 2025 | 2025-06-30 | 4.75% | — |
| Q1 2025 | 2025-03-31 | 3.71% | — |
Volkswagen AG operating margin trends
Over the last five fiscal years, Volkswagen AG's operating margin decreased from 4.34% to 2.75%, a change of −1.59 percentage points. The latest reported quarter, Q2 2026, shows 4.21%.
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
How operating margin is calculated
TickerStat calculates operating margin as reported operating income divided by reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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