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EV / sales at other companies

Caterpillar logo
CaterpillarCAT
4.4×+1.3×
JPMorgan Chase logo
JPMorgan ChaseJPM
5.4×+1.3×
U.S. Bancorp logo
U.S. BancorpUSB
3.9×+0.5×
Bank of America logo
Bank of AmericaBAC
3.8×+0.5×
Truist Financial logo
Truist FinancialTFC
6.2×
PNC Financial Services logo
PNC Financial ServicesPNC
+0.7×

Other financials

Income statement

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Revenue$21.4B+6.4%
Net income$5.3B+7.3%
EPS (diluted)$1.60+15.1%

Balance sheet

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Cash & equivalents$173.27B-1.7%
Total debt$220.37B-30.7%
Total equity$178.40B-1.5%
Total assets$2.21T+13.1%

Cash flow

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Operating cash flow$9.1B+183%

Valuation

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Market cap$251.55B+4.4%
Enterprise value$298.64B-22.4%
P/E11.6×-0.5×
P/S0.0×

Profitability

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Net margin25.5%+1.0pp

Returns & leverage

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Return on equity12.1%+1.0pp
Debt / equity1.2×-0.5×

Where this comes from

Calculated from Wells Fargo & Company’s reported figures.

Based on the most recent quarter.

The official record: Wells Fargo & Company’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Wells Fargo & Company's EV / sales?
Wells Fargo & Company (WFC) reported EV / sales of 3.4× in Q1 2026.
How has Wells Fargo & Company's EV / sales changed year-over-year?
Wells Fargo & Company's EV / sales decreased by 25.5% year-over-year, from 4.6× to 3.4×.
What is the long-term trend for Wells Fargo & Company's EV / sales?
Over 4 years (2021 to 2025), Wells Fargo & Company's EV / sales has grown at a 30.3% compound annual growth rate (CAGR), from 6.9× to 19.8×.
What does EV / sales mean?
What the whole business costs relative to its annual sales.
How do you interpret EV / sales?
A fallback valuation gauge for pre-profit or cyclical firms. Like P/S, only comparable across similar-margin businesses, but it accounts for debt and cash unlike P/S.
How does EV / sales compare across companies?
Compare within a margin cohort; the debt-and-cash adjustment makes it cleaner than P/S for leveraged firms.