Wetouch Technology (WETH) Operating Margin (2020 - 2026)
Wetouch Technology (WETH) reported Operating Margin of 31.18% for Q1 2026, up 520.0% on a YoY basis from 5.03% in Q1 2025, and up 858.93% quarter-over-quarter from 4.11% in Q4 2025.
Wetouch Technology (WETH) Operating Margin (2020 - 2026) Analysis & Trends
Wetouch Technology has reported Operating Margin for 7 years, with the latest figure at 31.18% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 520.0% year-over-year to 31.18%; the trailing twelve-month figure through Mar 2026 stood at 24.0% (down 173.0% YoY), and the FY2025 full-year result was 22.08%, up 4.0% from the prior year.
- Operating Margin for Q1 2026 stood at 31.18%, up from 4.11% in the prior quarter.
- The five-year high for Operating Margin was 47.71% in Q2 2023, with the low at 31.66% in Q4 2022.
- Historically, Operating Margin has averaged 24.24% across 5 years, with a median of 30.19% in 2024.
- Annual changes were most pronounced in 2022 — Operating Margin slumped 3089 bps — and 2023, when it jumped 5267 bps.
- Wetouch Technology's Operating Margin stood at 31.66% in 2022, then jumped by 166 bps to 21.01% in 2023, then plunged by 126 bps to 5.39% in 2024, then grew by 24 bps to 4.11% in 2025, then soared by 859 bps to 31.18% in 2026.
- The last three Operating Margin figures came in at 31.18% (Q1 2026), 4.11% (Q4 2025), and 25.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 24.04% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 15.42% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 20.11% |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 4.98% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 6.72% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 4.52% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 9.89% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 8.56% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 3.91% |
| 10 | Wetouch Technology | 15.75 Mn | -104.77 Mn | 5.82 Mn | 31.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 31.18% |
| Dec 31, 2025 | -4.11% |
| Sep 30, 2025 | 25.67% |
| Jun 30, 2025 | 24.82% |
| Mar 31, 2025 | 25.98% |
| Dec 31, 2024 | -5.39% |
| Sep 30, 2024 | 30.19% |
| Jun 30, 2024 | 30.45% |
| Mar 31, 2024 | 41.89% |
| Dec 31, 2023 | 21.01% |
| Sep 30, 2023 | 38.53% |
| Jun 30, 2023 | 47.71% |
| Mar 31, 2023 | 32.01% |
| Dec 31, 2022 | -31.66% |
| Sep 30, 2022 | 40.77% |
| Jun 30, 2022 | 34.49% |
| Mar 31, 2022 | 28.60% |
| Dec 31, 2021 | -0.77% |
| Sep 30, 2021 | 38.86% |
| Jun 30, 2021 | 45.55% |