Item 1. Business. In this Annual Report on Form 10-K, “Wesco” refers to WESCO International, Inc., and its subsidiaries and its predecessors unless the context otherwise requires. References to “we,” “us,” “our” and the “Company” refer to Wesco and its subsidiaries. The Company WESCO International, Inc. (“Wesco International”) and its subsidiaries (collectively, “Wesco” or the “Company”), headquartered in Pittsburgh, Pennsylvania, is a leading provider of business-to-business distribution, logistics services and supply chain solutions. We employ approximately 21,000 people, maintain relationships with more than 35,000 suppliers, and serve nearly 130,000 customers worldwide. With millions of products, end-to-end supply chain services and significant digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, technology companies, telecommunications providers, and utilities.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 23.5B | 23.5B | 21.8B | 22.4B | 21.4B | 18.2B |
| Net Income | 646M | 646M | 660M | 708M | 803M | 408M |
| EPS | $13.05 | $13.05 | $13.05 | $13.54 | $15.33 | $7.84 |
| Free Cash Flow | 25M | 25M | 1.0B | 401M | -88M | 12M |
| ROIC | 8.3% | 9.0% | 9.3% | 10.9% | 12.0% | 7.8% |
| Gross Margin | 21.1% | 21.1% | 21.6% | 21.6% | 21.8% | 20.8% |
| Debt/Equity | 1.34 | 1.34 | 1.18 | 1.19 | 1.34 | 1.35 |
| Dividends/Share | $1.79 | $1.79 | $1.61 | $1.46 | $1.10 | $1.10 |
| Operating Income | 1.2B | 1.2B | 1.2B | 1.4B | 1.4B | 802M |
| Operating Margin | 5.2% | 5.2% | 5.6% | 6.3% | 6.7% | 4.4% |
| ROE | 12.8% | 12.9% | 13.2% | 14.9% | 19.5% | 11.5% |
| Shares Outstanding | 49M | 49M | 51M | 52M | 52M | 52M |
WESCO INTERNATIONAL INC passes 5 of 9 quality checks, suggesting mixed fundamentals.
WESCO INTERNATIONAL INC trades at 23.3x trailing earnings, compared to its 15-year median P/E of 14.9x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 588.1x vs a median of 11.3x. The company's 5-year average ROIC is 9.8% with a gross margin of 21.4%. Total shareholder yield (dividends + buybacks) is 1.1%. At current prices, the estimated annualized return to fair value is +5.9%.
WESCO INTERNATIONAL INC (WCC) has a current P/E ratio of 23.3, compared to its historical median P/E of 14.9. The stock is currently considered Fair based on its historical valuation range.
WESCO INTERNATIONAL INC (WCC) has a 5-year average return on invested capital (ROIC) of 9.8%. This is below average and may indicate limited pricing power.
WESCO INTERNATIONAL INC (WCC) has a market capitalization of $15.1B. It is classified as a large-cap stock.
Yes, WESCO INTERNATIONAL INC (WCC) pays a dividend with a trailing twelve-month yield of 0.59%. The company also returns capital through share buybacks, with a buyback yield of 0.50%.
Based on historical P/E analysis, WESCO INTERNATIONAL INC (WCC) appears fair. The current P/E of 23.3 is 57% above its historical median of 14.9. The estimated fair value CAGR (P/E method) is 28.1%.
WESCO INTERNATIONAL INC (WCC) operates in the Wholesale-Electrical Apparatus & Equipment, Wiring Supplies industry, within the Consumer Cyclical sector.
WESCO INTERNATIONAL INC (WCC) reported annual revenue of $23.5 billion in its most recent fiscal year, based on SEC EDGAR filings.
WESCO INTERNATIONAL INC (WCC) has a net profit margin of 2.7%. This is a modest margin.
WESCO INTERNATIONAL INC (WCC) generated $25 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
WESCO INTERNATIONAL INC (WCC) has a debt-to-equity ratio of 1.34. This indicates moderate leverage.
WESCO INTERNATIONAL INC (WCC) reported earnings per share (EPS) of $13.05 in its most recent fiscal year.
WESCO INTERNATIONAL INC (WCC) has a return on equity (ROE) of 12.9%. This indicates moderate shareholder returns.
WESCO INTERNATIONAL INC (WCC) has a 5-year average gross margin of 21.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 18 years of financial data for WESCO INTERNATIONAL INC (WCC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
WESCO INTERNATIONAL INC (WCC) has a book value per share of $101.68, based on its most recent annual SEC filing.