WESCO INTERNATIONAL INC (WCC) has a current P/E ratio of 25.5, 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 $16.5B. It is classified as a large-cap stock.
Yes, WESCO INTERNATIONAL INC (WCC) pays a dividend with a trailing twelve-month yield of 0.55%. The company also returns capital through share buybacks, with a buyback yield of 0.46%.
Based on historical P/E analysis, WESCO INTERNATIONAL INC (WCC) appears fair. The current P/E of 25.5 is 71% above its historical median of 14.9. The estimated fair value CAGR (P/E method) is 27.7%.
WESCO INTERNATIONAL INC (WCC) operates in the Wholesale-Electrical Apparatus & Equipment, Wiring Supplies industry, within the Consumer Cyclical sector.
WESCO International is a leading global business-to-business distributor and supply chain solutions provider headquartered in Pittsburgh, Pennsylvania, employing approximately 21,000 people and serving nearly 130,000 customers across more than 50 countries through a network of over 700 sites. The company operates three strategic business segments—Electrical & Electronic Solutions (EES), Communications & Security Solutions (CSS), and Utility & Broadband Solutions (UBS)—each serving distinct end-markets including construction, industrial, original equipment manufacturers, data centers, utilities, telecommunications providers, and technology companies. Wesco's business model centers on distributing millions of products from over 35,000 suppliers while providing integrated supply chain services including logistics, procurement, warehousing, inventory management, kitting, labeling, and limited assembly; the company earns revenue through product sales and service fees, with unit economics characterized by volume-based distribution and project-driven activity. The company's competitive moat derives from its extensive supplier relationships, global distribution network, digital capabilities, and ability to deliver integrated solutions across multiple business units, particularly in high-growth sectors such as data centers and electrification projects. Wesco serves a diverse customer base spanning commercial and industrial businesses, technology companies, telecommunications providers, and utilities, with particular strength in serving multi-location businesses and global corporations requiring coordinated supply chain solutions across geographies.
【Data center momentum accelerating】 Management expects continued strong growth driven by secular trends in digitalization, electrification, and supply chain resiliency, with data center sales projected to grow 20% or more in 2026 and CSS segment expected to achieve low double-digit growth. The company is raising full-year 2026 guidance reflecting strong first-quarter results and record backlog levels, with confidence in outperforming markets through disciplined execution and cross-selling initiatives. Operating leverage and margin expansion remain key priorities as the company scales its business, particularly in data center markets, while maintaining working capital discipline to support higher growth. Management expects continued strength in utility markets, particularly with investor-owned utilities and grid services applications, as well as improving trends across construction and industrial end-markets supported by strong project pipelines and backlog conversion.
| Metric | Target | Period |
|---|---|---|
| Reported sales growth | 6%-9% | FY2026 |
| Organic sales growth | 5%-8% | FY2026 |
| Reported sales | $24.9 billion-$25.6 billion | FY2026 |
| Adjusted EBITDA margin | 6.6%-7% | FY2026 |
| Adjusted diluted EPS | $15-$17 per share | FY2026 |
| Free cash flow | $500 million-$800 million | FY2026 |
| Data center sales growth | 20%+ | FY2026 |
| CSS segment growth | low double-digit growth | FY2026 |
Reported sales growth (FY2026): “We now expect reported sales growth of 6%-9% with organic sales growth of 5%-8%, which implies reported sales of approximately $24.9 billion-$25.6 billion.”
Organic sales growth (FY2026): “We now expect reported sales growth of 6%-9% with organic sales growth of 5%-8%, which implies reported sales of approximately $24.9 billion-$25.6 billion.”
Reported sales (FY2026): “We now expect reported sales growth of 6%-9% with organic sales growth of 5%-8%, which implies reported sales of approximately $24.9 billion-$25.6 billion.”
Generated solely from the company's own reports listed below — not from third-party data. Hallucination risk is low. · Sources: 10-K, Q4 FY2025 Earnings Call, Q3 FY2025 Earnings Call, Q2 FY2025 Earnings Call, Q1 FY2025 Earnings Call
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 24.2B | 23.5B | 21.8B | 22.4B | 21.4B | 18.2B |
| Net Income | 696M | 646M | 660M | 708M | 803M | 408M |
| EPS | $14.05 | $13.05 | $13.05 | $13.54 | $15.33 | $7.84 |
| Free Cash Flow | 216M | 25M | 1.0B | 401M | -88M | 12M |
| ROIC | 9.6% | 9.0% | 9.3% | 10.9% | 12.0% | 7.8% |
| Gross Margin | - | 21.1% | 21.6% | 21.6% | 21.8% | 20.8% |
| Debt/Equity | 1.13 | 1.34 | 1.18 | 1.19 | 1.34 | 1.35 |
| Dividends/Share | $1.83 | $1.79 | $1.61 | $1.46 | $0.00 | $0.00 |
| Operating Income | 1.3B | 1.2B | 1.2B | 1.4B | 1.4B | 802M |
| Operating Margin | 5.3% | 5.2% | 5.6% | 6.3% | 6.7% | 4.4% |
| ROE | 13.6% | 12.9% | 13.2% | 14.9% | 19.5% | 11.5% |
| Shares Outstanding | 50M | 49M | 51M | 52M | 52M | 52M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 7.9B | 7.5B | 7.3B | 7.7B | 8.2B | 8.4B | 12.3B | 18.2B | 21.4B | 22.4B | 21.8B | 23.5B | 24.2B |
| Gross Margin | 20.4% | 19.9% | 19.7% | 19.3% | 19.2% | 18.9% | 18.9% | 20.8% | 21.8% | 21.6% | 21.6% | 21.1% | N/A |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 1.1B | 1.1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.9B | 2.8B | 3.0B | 3.3B | 3.3B | 3.5B | 3.7B |
| EBIT | 466M | 374M | 331M | 319M | 352M | 346M | 347M | 802M | 1.4B | 1.4B | 1.2B | 1.2B | 1.3B |
| Op. Margin | 5.9% | 5.0% | 4.5% | 4.2% | 4.3% | 4.1% | 2.8% | 4.4% | 6.7% | 6.3% | 5.6% | 5.2% | 5.3% |
| Net Income | 276M | 211M | 102M | 163M | 227M | 223M | 70M | 408M | 803M | 708M | 660M | 646M | 696M |
| Net Margin | 3.5% | 2.8% | 1.4% | 2.1% | 2.8% | 2.7% | 0.6% | 2.2% | 3.7% | 3.2% | 3.0% | 2.7% | 2.9% |
| Non-Recurring | 6.2M | 9.9M | 7.3M | 13M | 9.7M | 10M | -4.1M | 28M | 43M | 80M | 188M | 74M | 74M |
| Returns on Capital | |||||||||||||
| ROIC | 10.5% | 8.1% | 8.0% | 6.3% | 8.5% | 7.9% | 4.9% | 7.8% | 12.0% | 10.9% | 9.3% | 9.0% | 9.6% |
| ROE | 14.9% | 11.4% | 5.4% | 8.0% | 10.7% | 10.2% | 2.5% | 11.5% | 19.5% | 14.9% | 13.2% | 12.9% | 13.6% |
| ROA | 5.9% | 4.5% | 2.3% | 3.6% | 4.9% | 4.6% | 0.8% | 3.3% | 5.9% | 4.7% | 4.4% | 4.1% | 4.1% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 251M | 283M | 300M | 149M | 297M | 224M | 544M | 67M | 11M | 493M | 1.1B | 125M | 318M |
| Free Cash Flow | 230M | 261M | 281M | 127M | 260M | 179M | 487M | 12M | -88M | 401M | 1.0B | 25M | 216M |
| Owner Earnings | 168M | 205M | 221M | 70M | 217M | 143M | 213M | -329M | -214M | 264M | 889M | -113M | -18.8B |
| CapEx | 22M | 22M | 19M | 22M | 37M | 45M | 57M | 55M | 99M | 92M | 95M | 100M | 103M |
| Maint. CapEx | 68M | 65M | 67M | 64M | 63M | 62M | 312M | 365M | 179M | 181M | 183M | 198M | 19.1B |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 68M | 65M | 67M | 64M | 63M | 62M | 312M | 365M | 179M | 181M | 183M | 198M | 19.1B |
| CapEx/OCF | 8.6% | 7.8% | 6.4% | 14.8% | 12.4% | 19.6% | 10.4% | 81.5% | 903.6% | 18.7% | 8.6% | 79.8% | 32.3% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 30M | 0 | 0 | 77M | 82M | 88M | 91M |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A | 1.5% | N/A | N/A | 1.0% | 1.0% | 0.9% | 0.6% |
| Share Buybacks | 7.2M | 156M | 4.8M | 107M | 127M | 150M | 0 | 0 | 11M | 75M | 425M | 75M | 75M |
| Buyback Yield | 0.2% | 7.4% | 0.2% | 3.4% | 5.9% | 6.1% | N/A | N/A | 0.2% | 0.8% | 4.7% | 0.6% | 0.5% |
| Stock-Based Comp | 15M | 13M | 12M | 15M | 16M | 19M | 19M | 31M | 46M | 48M | 29M | 41M | 46M |
| Debt Repayment | 1.2B | 1.4B | 2.3B | 1.6B | 1.3B | 1.2B | 1.5B | 2.6B | 3.8B | 3.4B | 7.1B | 6.2B | 6.2B |
| Balance Sheet | |||||||||||||
| Net Debt | 1.3B | 1.3B | 1.3B | 1.2B | 1.1B | 1.4B | 4.9B | 4.9B | 5.4B | 5.5B | 5.2B | 6.2B | 5.1B |
| Cash & Equiv. | 128M | 160M | 110M | 118M | 96M | 151M | 449M | 213M | 527M | 524M | 703M | 605M | 697M |
| Long-Term Debt | 1.4B | 1.4B | 1.4B | 1.3B | 1.2B | 1.3B | 4.4B | 4.7B | 5.3B | 5.3B | 5.0B | 5.8B | 5.7B |
| Debt/Equity | 0.73 | 0.83 | 0.70 | 0.64 | 0.57 | 0.69 | 1.59 | 1.35 | 1.34 | 1.19 | 1.18 | 1.34 | 1.13 |
| Interest Coverage | 5.7 | 21.1 | 20.0 | 23.3 | 36.8 | 39.0 | 4.4 | 12.8 | 28.1 | 37.6 | 28.6 | 27.5 | 24.8 |
| Equity | 1.9B | 1.8B | 2.0B | 2.1B | 2.1B | 2.3B | 3.3B | 3.8B | 4.5B | 5.0B | 5.0B | 5.0B | 5.1B |
| Total Assets | 4.8B | 4.6B | 4.4B | 4.7B | 4.6B | 5.0B | 11.9B | 12.6B | 14.8B | 15.1B | 15.1B | 16.5B | 17.0B |
| Total Liabilities | 2.8B | 2.8B | 2.5B | 2.6B | 2.5B | 2.8B | 8.5B | 8.8B | 10.4B | 10.0B | 10.1B | 11.5B | 11.9B |
| Intangibles | 430M | 404M | 393M | 367M | 316M | 287M | 2.1B | 1.9B | 1.9B | 1.9B | 1.8B | 1.8B | 1.7B |
| Retained Earnings | 1.6B | 1.8B | 1.9B | 2.1B | 2.3B | 2.5B | 2.6B | 3.0B | 3.8B | 4.4B | 5.0B | 5.5B | 5.6B |
| Working Capital | 1.3B | 1.3B | 1.2B | 1.4B | 1.3B | 1.5B | 2.5B | 3.3B | 4.5B | 5.0B | 4.5B | 5.2B | 5.3B |
| Current Assets | 2.4B | 2.3B | 2.1B | 2.4B | 2.4B | 2.5B | 5.5B | 6.4B | 8.3B | 8.4B | 8.4B | 9.5B | 10.0B |
| Current Liabilities | 1.1B | 948M | 874M | 1.0B | 1.1B | 1.1B | 3.0B | 3.0B | 3.8B | 3.4B | 3.8B | 4.3B | 4.7B |
| Per Share Data | |||||||||||||
| EPS | 5.18 | 4.18 | 2.10 | 3.38 | 4.82 | 5.14 | 1.51 | 7.84 | 15.33 | 13.54 | 13.05 | 13.05 | 14.05 |
| Owner EPS | 3.16 | 4.07 | 4.57 | 1.45 | 4.61 | 3.29 | 4.56 | -6.32 | -4.09 | 5.04 | 17.57 | -2.29 | -380.55 |
| Book Value | 36.21 | 35.25 | 40.66 | 43.83 | 45.27 | 52.12 | 71.70 | 72.68 | 85.02 | 96.32 | 98.25 | 101.68 | 103.09 |
| Cash Flow/Share | 4.72 | 5.62 | 6.21 | 3.08 | 6.29 | 5.16 | 11.66 | 1.29 | 0.21 | 9.43 | 21.77 | 2.53 | 400.09 |
| Dividends/Share | N/A | N/A | N/A | N/A | 0.00 | 0.00 | 0.65 | 0.00 | 0.00 | 1.46 | 1.61 | 1.79 | 1.83 |
| Shares Out. | 53.3M | 50.4M | 48.4M | 48.4M | 47.2M | 43.5M | 46.6M | 52.0M | 52.4M | 52.3M | 50.6M | 49.5M | 49.5M |
| Valuation | |||||||||||||
| P/E Ratio | 14.6 | 10.0 | 31.4 | 19.4 | 9.5 | 11.2 | 50.0 | 16.2 | 7.6 | 12.8 | 13.6 | 19.5 | 23.7 |
| P/FCF | 17.6 | 8.1 | 11.3 | 24.9 | 8.3 | 14.0 | 7.2 | 531.5 | N/A | 22.7 | 8.9 | 498.7 | 76.3 |
| EV/EBIT | 11.4 | 9.2 | 13.5 | 13.8 | 9.3 | 10.2 | 23.2 | 13.8 | 7.7 | 9.9 | 10.9 | 14.4 | 16.7 |
| Price/Book | 2.1 | 1.2 | 1.6 | 1.5 | 1.0 | 1.1 | 1.1 | 1.7 | 1.4 | 1.8 | 1.8 | 2.5 | 3.2 |
| Price/Sales | N/A | N/A | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.7 |
| FCF Yield | 5.7% | 12.4% | 8.8% | 4.0% | 12.0% | 7.1% | 13.8% | 0.2% | -1.4% | 4.4% | 11.2% | 0.2% | 1.3% |
| Market Cap | 4.0B | 2.1B | 3.2B | 3.2B | 2.2B | 2.5B | 3.5B | 6.6B | 6.1B | 9.1B | 9.0B | 12.6B | 16.5B |
| Avg. Price | 81.37 | 59.90 | 53.72 | 60.39 | 57.63 | 49.56 | 42.18 | 102.04 | 121.51 | 147.71 | 169.26 | 198.75 | 332.48 |
| Year-End Price | 75.83 | 41.76 | 65.91 | 65.43 | 45.76 | 57.66 | 75.52 | 126.64 | 116.42 | 173.76 | 176.95 | 253.97 | 332.48 |
WESCO INTERNATIONAL INC passes 4 of 9 quality checks, suggesting mixed fundamentals.
WESCO INTERNATIONAL INC trades at 25.5x 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 642.0x 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 1.0%. At current prices, the estimated annualized return to fair value is +5.1%.
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.
Based on recent SEC filings and earnings disclosures, Management expects continued strong growth driven by secular trends in digitalization, electrification, and supply chain resiliency, with data center sales projected to grow 20% or more in 2026 and CSS segment expected to achieve low double-digit growth. The company is raising full-year 2026 guidance reflecting strong first-quarter results and record backlog levels, with confidence in outperforming markets through disciplined execution and cross-selling initiatives. Operating leverage and margin expansion remain key priorities as the company scales its business, particularly in data center markets, while maintaining working capital discipline to support higher growth. Management expects continued strength in utility markets, particularly with investor-owned utilities and grid services applications, as well as improving trends across construction and industrial end-markets supported by strong project pipelines and backlog conversion.
Based on recent SEC filings and earnings calls, WESCO INTERNATIONAL INC (WCC) has provided the following forward guidance: Reported sales growth: 6%-9% (FY2026); Organic sales growth: 5%-8% (FY2026); Reported sales: $24.9 billion-$25.6 billion (FY2026); Adjusted EBITDA margin: 6.6%-7% (FY2026); Adjusted diluted EPS: $15-$17 per share (FY2026), plus 3 additional metrics.
Adjusted EBITDA margin (FY2026): “On profitability, we continue to expect adjusted EBITDA margin in the range of 6.6%-7%, essentially increasing our EBITDA guidance in dollar terms.”
Adjusted diluted EPS (FY2026): “We are raising our adjusted diluted EPS outlook to $15-$17 per share, reflecting earnings leverage demonstrated in the first quarter as well as slight adjustments to the expected tax rate for the year.”
Free cash flow (FY2026): “Finally, we continue to expect free cash flow of $500 million-$800 million as we maintain working capital discipline supporting higher growth.”
Data center sales growth (FY2026): “Data center sales are now expected to be up 20%+ for the year.”
CSS segment growth (FY2026): “Within CSS, we have raised our 2026 outlook to low double-digit growth, reflecting the continued strength and visibility we are seeing in data centers.”