WESCO International WCC

Industrial - Distribution, Industrials

$318.02

−1.75%

Market cap: $15.5B
PE: 22.0×; 10y median 15.4×
Forward PE: n/m; not a meaningful number
Price to sales: 0.6×
EV/EBIT: 15.3×
Revenue, 12 months: $25B; +13% on a year ago
Net margin: 2.8%
Free cash flow yield: 1.0%

WESCO International trades at 22.0× trailing earnings, pricier than 70% of the last ten years. Revenue was $25B over the last twelve months, up 13% on a year earlier with a 3% net margin.

Charts

Financials

Income statement for WCC, by quarter
Income statement	Q3 FY23	Q4 FY23	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$5.6B+4%	$5.5B−2%	$5.3B−3%	$5.5B−5%	$5.5B−3%	$5.5B+1%	$5.3B−0%	$5.9B+8%	$6.2B+13%	$6.1B+10%	$6.1B+14%	$6.7B+13%
Cost of revenue	$4.4B+4%	$4.3B−1%	$4.2B−2%	$4.3B−5%	$4.3B−3%	$4.3B+1%	$4.2B+0%	$4.7B+9%	$4.9B+14%	$4.8B+10%	$4.8B+14%	$5.2B+12%
Gross profit	$1.2B+2%	$1.2B−4%	$1.1B−6%	$1.2B−4%	$1.2B−1%	$1.2B−1%	$1.1B−1%	$1.2B+4%	$1.3B+9%	$1.3B+11%	$1.3B+15%	$1.5B+17%
SG&A	$796.4M+5%	$810.2M+2%	$829.4M+1%	$828.4M−0%	$831.1M+4%	$817.3M+1%	$836.3M+1%	$872.2M+5%	$922.9M+11%	$910M+11%	$947.6M+13%	$1B+17%
	$380.5M−5%	$315.7M−17%	$263M−24%	$323.5M−11%	$335.6M−12%	$301.1M−5%	$240.9M−8%	$322.2M−0%	$345.4M+3%	$324.5M+8%	$293.5M+22%	$382.2M+19%
Interest expense	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pre-tax income	$278.3M−15%	$208.2M−28%	$147M−39%	$320.6M+21%	$274M−2%	$209.4M+1%	$154.4M+5%	$236.6M−26%	$246.4M−10%	$218.6M+4%	$197.2M+28%	$272M+15%
	$44.3M−48%	$65.7M−8%	$30.9M−30%	$87.8M+22%	$69.3M+56%	$43.5M−34%	$36.1M+17%	$61.8M−30%	$57.8M−17%	$57.7M+33%	$43.1M+19%	$62.4M+1%
Net income	$233.4M−3%	$141.9M−35%	$115.8M−41%	$232.1M+20%	$204.3M−13%	$165.4M+17%	$118.4M+2%	$174.5M−25%	$187.5M−8%	$159.9M−3%	$153.8M+30%	$209M+20%
	$4.20−2%	$2.45−37%	$1.95−44%	$4.28+26%	$3.81−9%	$3.02+23%	$2.10+8%	$3.83−11%	$3.79−1%	$3.34+11%	$3.11+48%	$4.23+10%
	52.2M−0%	52M−1%	51.9M−1%	50.9M−3%	49.8M−5%	50M−4%	49.6M−4%	49.4M−3%	49.5M−1%	49.5M−1%	49.5M−0%	49.4M+0%

Gross profit: 69 periods, Q2 FY09 to Q2 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: Q4 FY09: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 7 periods, Q4 FY13 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q2 FY09 and Q3 FY09: not printed by the filing, worked out from its own lines. 16 periods, Q4 FY10 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Industrial - Distribution nearest WESCO International's size, closest first.

Company	Market cap	PE	Its 10y median PE	Fwd PE	P/S	Revenue growth	Net margin
WCCWESCO International	$15.5B	22.0×	15.4×	n/m	0.6×	+13%	2.8%
WSOWatsco	$13.3B	27.8×	29.8×	n/m	1.8×	−3%	6.5%
AITApplied Industrial Technologies	$11.6B	28.9×	20.3×	n/m	2.3×	+9%	8.3%
CNMCore & Main	$8B	17.3×	22.1×	n/m	1.0×	−1%	6.0%
POOLPool	$7.2B	18.3×	29.7×	n/m	1.3×	+2%	7.4%
MSMMSC Industrial Direct	$6.4B	27.5×	17.1×	n/m	1.6×	+4%	5.9%
FERGFerguson	$43.9B	n/m	22.3×	18.9×	n/m	n/m	n/m
SITESiteOne Landscape Supply	$4.5B	28.3×	44.9×	n/m	0.9×	+3%	3.5%
LKQLKQ	$4.4B	9.7×	15.0×	n/m	0.3×	+0%	3.4%
FASTFastenal	$59.6B	44.0×	30.2×	37.7×	6.8×	+13%	15.5%
GWWW.W. Grainger	$63.6B	34.4×	24.9×	27.8×	3.4×	+8%	9.9%
Peer median	$9.8B	27.8×	23.6×	27.8×	1.6×	+3%	6.5%