Is the business good?
How good a business is WCC?
WESCO International, Inc. earns 10.0% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
10.0%
Return on invested capital · cost of capital 9.0% · 0.99 points above what the capital costs: growth creates value
- Operating margin
- 5.3%
Operating margin · Industrial Distribution median 8.5% · 12 months to Q1 2026
- Cash conversion
- 0.32×
Cash conversion · 0.40× a year ago · some of the reported profit has not turned into cash yet
- Share count, year on year
- −0.20%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 2.8% |
| FY2021 | 4.4% |
| FY2022 | 6.7% |
| FY2023 | 6.3% |
| FY2024 | 5.6% |
| FY2025 | 5.2% |
Details›
- Gross margin12 months to Q1 2026
- 21%
- Operating margin12 months to Q1 2026
- 5.3%
- Net margin12 months to Q1 2026
- 2.8%
- Free cash flow margin
- 0.89%
- Revenue, trailing twelve months
- $24.2B
- Free cash flow, trailing twelve months
- $216M
- Net income, trailing twelve months
- $676M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 10.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Industrial Distribution
Ranks #10 of 17 by Smart Score