WCCNYSEWholesale-Electrical Apparatus & Equipment, Wiring Supplies Fiscal year ends December 31
WESCO INTERNATIONAL INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$341.98+1.09 (+0.32%)
Close on Oct 19, 2026
- Market cap
- $16.89B
- P/E (TTM)
- 23.6
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
21.1%+2.3 pts over 5 years
Operating margin
5.2%+2.4 pts over 5 years
Net margin
2.7%+1.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.8% | +3.2% | +13.8% | +12.1% | |
| Gross profit | +5.5% | +2.2% | +16.4% | +12.8% | |
| Operating income | +0.8% | -5.0% | +28.9% | +12.7% | |
| Net income | -10.8% | -9.4% | +44.8% | +11.8% | |
| EPS, diluted | 0.0% | -5.2% | +53.9% | +12.1% | |
| Free cash flow | -97.5% | – | -44.7% | -20.9% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 5.4% | 3.6% | 12.8% | |
| Return on assets | 2.3% | 1.2% | 4.1% | |
| Current ratio | 2.41 | 1.84 | 2.20 | |
| Debt to equity | 0.70 | 1.47 | 1.15 | |
| Net debt to EBITDA | 3.21× | 9.49× | 3.62× | |
| Inventory turnover | 7.2× | 6.3× | 4.9× | |
| Capex to revenue | 0.2% | 0.5% | 0.4% | |
| Diluted shares | 48M | 47M | 50M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Wesco International generated $1.80B from operations and spent $1.27B on capital expenditure, dividends and share buybacks. 35% of that went back into the business.
Generated
$1.80B
Used
$1.27B
Capital expenditure$440.90M35%Dividends$246.50M19%Share buybacks$586.10M46%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.7%
×Asset turnover1.49×
×Equity multiplier3.15×
=Return on equity, FY202512.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.7% | 1.49× | 3.15× | 12.8% |
| FY2024 | 3.3% | 1.45× | 3.01× | 14.3% |
| FY2023 | 3.4% | 1.50× | 3.15× | 16.1% |
| FY2022 | 4.0% | 1.56× | 3.33× | 20.9% |
| FY2021 | 2.6% | 1.49× | 3.44× | 13.1% |
| FY2020 | 0.8% | 1.46× | 3.01× | 3.6% |
| FY2019 | 2.7% | 1.74× | 2.19× | 10.2% |
| FY2018 | 2.8% | 1.75× | 2.20× | 10.7% |
| FY2017 | 2.1% | 1.68× | 2.24× | 8.0% |
| FY2016 | 1.4% | 1.63× | 2.40× | 5.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$640.20M
- Cash generatingOperating cash flow above zero$125.00M
- Return on assets improvedROA up on the prior year4.8% → 4.3%
- Earnings backed by cashOperating cash flow above net income$125.00M vs $640.20M
- Less leverageLong-term debt to assets fell33.5% → 34.9%
- Better liquidityCurrent ratio rose2.20 → 2.20
- No dilutionShare count did not rise51M → 50M
- Gross margin improvedGross margin up on the prior year21.60% → 21.15%
- More efficientAsset turnover rose1.45 → 1.56