Westpac Banking (ASX:WBCPK.PFD) OCF Margin %: -59.14% (As of Mar. 2026)


ASX:WBCPK.PFD Westpac Banking Corp ASX:WBCPK.PFD
67 GF Score
Price A$104.55
! 3 Warning Signs
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What is Westpac Banking OCF Margin %?

Westpac Banking ASX:WBCPK.PFD -0.23% 67 OCF Margin % is -59.14% as of Mar. 2026. GuruFocus rates ASX:WBCPK.PFD with a GF Score™ of 67/100. The stock has 3 warning signs investors should review. Among 1,501 Banks companies, Westpac Banking ranks worse than 84.81% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Westpac Banking's Cash Flow from Operations for the six months ended in Mar. 2026 was A$-6,679.00 Mil. Westpac Banking's Revenue for the six months ended in Mar. 2026 was A$11,293.00 Mil. Therefore, Westpac Banking's OCF Margin % for the quarter that ended in Mar. 2026 was -59.14%.

As of today, Westpac Banking's current OCF Yield % is -7.56%.

The historical rank and industry rank for Westpac Banking's OCF Margin % or its related term are showing as below:


During the past 13 years, the highest OCF Margin % of Westpac Banking was 295.17%. The lowest was -91.57%. And the median was 62.70%.

ASX:WBCPK.PFD's OCF Margin % is not ranked *
in the Banks industry.
Industry Median: 29.44
* Ranked among companies with meaningful OCF Margin % only.

Westpac Banking OCF Margin % Related Terms

Westpac Banking OCF Margin % Historical Data

* Premium members only.

The historical data trend for Westpac Banking's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Westpac Banking OCF Margin % Chart

Westpac Banking Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.82 83.00 -50.51 -91.57 42.39

Westpac Banking Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.85 -235.40 110.88 -21.39 -59.14
ASX:WBCPK.PFD
67GF Score
Westpac Banking Corp ASX:WBCPK.PFD
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Westpac Banking OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Westpac Banking's OCF Margin for the fiscal year that ended in Sep. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Sep. 2025 )/Revenue (A: Sep. 2025 )
=9489/22387
=42.39 %

Westpac Banking's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-6679/11293
=-59.14 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of -59.14% mean?
Westpac Banking (ASX:WBCPK.PFD) has a OCF Margin % of -59.14% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Westpac Banking and its competitors. According to the industry distribution chart, Westpac Banking ranks #1273 out of 1501 companies in the Banks industry, placing it in the top 84.8%.
Is Westpac Banking's OCF Margin % too high?
Westpac Banking's current OCF Margin % is -59.14%. Based on the distribution chart, Westpac Banking ranks #1273 out of 1501 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Westpac Banking has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Westpac Banking's OCF Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, Westpac Banking ranks #1273 out of 1501 companies for OCF Margin %. This places Westpac Banking in the lower half of its industry. The industry median OCF Margin % is 29.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Banks company?
The median OCF Margin % among Banks companies is 29.44, based on 1,501 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Westpac Banking and its competitors. For the Banks industry, the median OCF Margin % is 29.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westpac Banking's current OCF Margin % is -59.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westpac Banking stock overvalued right now?
Westpac Banking (ASX:WBCPK.PFD) has a current OCF Margin % of -59.14%. The current OCF Margin % is -59.14%. Westpac Banking's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Westpac Banking (ASX:WBCPK.PFD), the current OCF Margin % is -59.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Westpac Banking Business Description

Address 275 Kent Street, Level 18, Sydney, NSW, AUS, 2000
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.
67GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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