undamentalytics Newsletter

Wesco International Inc (WCC) stock

Add holding +

NYSE: WCC NYSE Trading Companies & Distributors Next results ~February 9, 2027

C Fundamentals grade

Wesco International Inc is a US-listed company in the trading companies & distributors industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

~$130

Cash-flow model

Base case. Range ~$73–$210 across our lower- and higher-growth cases (4.3%–14.3% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 61% below it.

Price used: $335.56, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 10 selling2 purchases and 56 sales by directors and officers, last 12 monthsInsider trades
  • Funds322 adding, 309 cuttingOf 83 active managers that changed their stake, 46 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Wesco International files

10-Q filed October 29: Wesco International

Wesco International's revenue reached $26.0bn in the twelve months to September 2026, up 13.5% on a year earlier and an acceleration from the 12.5% pace recorded a quarter earlier. Free-cash-flow margin was unchanged at 1.6%. Our model value has barely moved, at $154 a share, well below the current price of $363. Sell remains our rating. At that share price, the market appears to be pricing in cash-flow growth of about 18.7% a year for five years, a figure that outpaces the 7.4% a year revenue growth Wesco has actually delivered.

Source: 10-Q filed October 29, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Wesco International stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $25.0bn, up 12.5% on a year earlier, faster than 11.2% a quarter earlier. Free-cash-flow margin fell to 0.6% from 2.8% a year earlier. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 3 of our 6 financial-health checks. Our cash-flow model value is $158 a share, against a share price of $342. At that price, our model says the market is pricing in about 17.8% a year of cash-flow growth for five years, faster than the 6.5% a year revenue growth it has delivered.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~February 9, 2027 (estimated)

Wesco International Inc's trailing-twelve-month revenue grew 13.5% year on year, with a free-cash-flow margin of 1.6%. Where it stands out: stock pay as % of revenue of 0.3% ranks 6 of 29 trading companies & distributors companies we cover. Where it lags: gross margin of 21.2% ranks 23 of 26 trading companies & distributors companies we cover.

Our discounted-cash-flow model values the business at ~$130 per share in the base case (~$73–$210 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 66.3% while net income grew 22.4%: a 44pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

Nothing in Wesco International Inc's latest figures clears our strength thresholds.

Things to watch

  • Priced above our value. The share price of $335.56 is 61% above our value per share of $130.
  • Volatile shares. Over the past year the shares showed annualised volatility of 45% and a beta of 2.2 against the S&P 500.
  • Weak cash conversion. Free cash flow was 53% of net income over the last 12 months.
  • Below peers: gross margin. Gross margin of 21.2% ranks 23 of 26 trading companies & distributors companies we cover (median 28.9%).
  • Below peers: days sales outstanding. Days sales outstanding of 71 days ranks 23 of 27 trading companies & distributors companies we cover (median 57 days).

Latest results: FY2026 Q3

Filed October 29, 2026
Earnings per share
$5.77 against an average estimate of $4.69: beat by 23.0%
Revenue
$7.23bn, up 16.6% on a year earlier
Share reaction
-1.2% in the first session after the results on October 29, 2026, against -2.1% for the S&P 500
Next report
October 29, 2026; average EPS estimate $4.24

Wesco International's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.2%
  • 1 week+1.8%
  • 1 month-12.1%
  • This year+37.8%
  • 1 year+30.1%
  • 5 years+156.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$26B
Operating margin
5.6%
Net margin
3.0%
EPS (TTM, diluted)
$15.99

Growth

Revenue growth
+13.5%
Change in growth rate
+1.0 pts
Share count change
−0.3%

Cash

Free cash flow (TTM)
$416M
FCF margin
1.6%
Stock pay % of revenue
0.3%

Earnings

Last results
October 29, 2026
Next results (est.)
February 9, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Agreement
  3. Insider trade
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies about 20.4% a year of cash-flow growth for five years.That is faster than the 7.4% a year revenue growth Wesco International has delivered.

  • Priced in20.4%
  • Last 12 months13.5%
  • 3 years a year5.0%
  • 5 years a year7.4%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($350.44, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$130
Price used
$350.44close November 3, 2026
Implied change
▼ 62%
Uncertainty
High

How we got here: a discounted-cash-flow model of Wesco International Inc's free cash flow after stock-based pay with after-tax interest added back ($486M, FY2026 Q3 TTM), growing 6.7% and 8.3% in the next two years (forecasts, guidance and its record), then back to 9.3% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$73–~$210 ; that spread sets a 35% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Wesco International Inc's free cash flow after stock-based pay ( $486M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Wesco International Inc as an operating company, with every model that fits that kind of business. Cost of equity 10.5%: the 10-year Treasury yield (4.9%) plus a beta of 1.23 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$130 ~$73–$210 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$380 ~$350–$470 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$190 ~$140–$270 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$190 ~$160–$210 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$210 ~$130–$380 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Wesco International Inc with Trading Companies & Distributors in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −40%
  • Revenue growth 5 points higher ▲ +52%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −26%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $37$88$155$244$360$510
8.5% $3$40$89$152$235$341
10% —$12$49$98$161$241

Valuation multiples over time Market data may be delayed

Wesco International Inc: market value and multiples by fiscal year
At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$42.26$64.39$65.93$46.44$57.46$75.95$127.31$121.13$169.81$178.45$243.46$335.56
Market value$2.1bn$3.1bn$3.2bn$2.2bn$2.5bn$3.5bn$6.6bn$6.3bn$8.9bn$9.0bn$12.1bn$16.6bn
+ Net debt (− = net cash)$1.5bn$1.3bn$1.3bn$1.2bn$1.2bn$4.5bn$4.6bn$4.9bn$4.8bn$4.4bn$5.2bn$5.2bn
Enterprise value$3.6bn$4.4bn$4.5bn$3.4bn$3.7bn$8.1bn$11.2bn$11.3bn$13.7bn$13.4bn$17.3bn$21.8bn
Multiples
Price / sales 0.3x0.4x0.4x0.3x0.3x0.3x0.4x0.3x0.4x0.4x0.5x0.6x
Price / earnings 10.1x30.6x19.5x9.6x11.2x35.2x14.2x7.4x11.6x12.6x18.8x21.0x
Price / free cash flow 8.1x11.0x25.0x8.4x13.9x7.3xn/m—22.2x9.0xn/m39.9x
EV / EBITDA 8.3x11.1x11.7x8.1x9.0x17.2x11.2x7.0x8.6x9.6x12.1x13.2x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

46 /100

Moderate moat

How hard Wesco International's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 4 / 20

    Cash operating profit has been a median 4.7% of total assets over 7 years.

  • Pricing power 8 / 20

    Gross margin has been a median 21.2%, moving by 1.1 percentage points (standard deviation) across 7 years.

  • Durability 10 / 20

    Operating margin has been a median 4.8%; its worst year was 3.3%.

  • Cash conversion 10 / 20

    Free cash flow was positive in 9 of 10 years, at a median 2.1% of revenue.

  • Discipline 18 / 20

    The diluted share count fell 4.5% over five years; stock-based pay has been a median 0.2% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (51 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Wesco International Inc: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $17.70 +37% $26.2bn +11%
Next $20.89 +18% $27.9bn +7%

Next year's EPS estimate has moved +4.8% in 90 days, across 10 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +5.8% on 90 days ago. In the last 30 days, 0 analysts raised Wesco International Inc's forecast and 1 cut it.

Consensus EPS forecast Wesco International Inc, last 90 days
$16.00 $18.00 $20.00 $22.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $16.74 Current fiscal year, 60 days ago: $16.87 Current fiscal year, 30 days ago: $16.87 Current fiscal year, 7 days ago: $16.91 Current fiscal year, Now: $17.70 $17.70 Next fiscal year, 90 days ago: $19.93 Next fiscal year, 60 days ago: $20.04 Next fiscal year, 30 days ago: $20.04 Next fiscal year, 7 days ago: $20.09 Next fiscal year, Now: $20.89 $20.89

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $16.74$19.93
60 days ago $16.87$20.04
30 days ago $16.87$20.04
7 days ago $16.91$20.09
Now $17.70$20.89

Earnings against estimates

Wesco International Inc: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Sept 2026 $4.69 $5.77 +23.0%
Jun 2026 $3.97 $4.57 +15.2%
Mar 2026 $2.83 $3.37 +18.9%
Dec 2025 $3.89 $3.40 −12.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 30, 2026

No numeric guidance in Wesco International Inc's latest earnings release (filed July 30, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Wesco International Inc's revenue by +6.7% next year and +8.3% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+5.5%, weight 68%) and the company's own record (+9.3%, weight 32%) . How the weights are set.

Analyst recommendations

11 analysts, Oct 2026
Buy1091%
Hold00%
Sell19%

Monthly trend

  1. Oct 202628111
  2. Sep 202628111
  3. Aug 202628111
  4. Jul 202628111

Counts of recommendations published by analysts covering Wesco International Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
2.9%
of tradable shares
Days to cover
2.22
at average volume
Short interest, 1 month
−14%
to October 15, 2026
Held by institutions
99%
of shares
Held by insiders
1.8%
of shares
Employees
21,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +30.1%

$257.85 on October 31, 2025 to $335.56

Wesco International Inc: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $22.2bn $25.0bn +12.5%
Net margin 3.0% 2.8% −4.7%
P/E multiple 19.3x 23.4x +21.0%
Share count 50m 49m +0.4%

Biggest factor: p/e multiple.

Last 3 years +141.2%

$139.15 on November 3, 2023 to $335.56

Wesco International Inc: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $22.3bn $25.0bn +12.3%
Net margin 3.8% 2.8% −25.5%
P/E multiple 8.6x 23.4x +171.4%
Share count 53m 49m +6.2%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Wesco International Inc: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
WCC+68%−5%+40%+5%+36%+38%
Industry peers (median)+34%−13%+28%−7%+2%+12%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WCC67%42%42%50%67%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WCC−15%−30%−32%−32%−33%−21%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 79% from January 25, 2017 to March 18, 2020. Getting back needed a 372% gain, reached on December 11, 2020, 268 days after the low.

Price behaviour

52-week range
$243.31 – $384.09
From 52-week high
−12.6%
vs 50-day average
−4.2%
vs 200-day average
+2.5%
Volatility (1 year)
45%
Beta vs S&P 500
2.16

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±8.6%
After a week
6 up, 5 down
typical move ±11.4%
After a month
7 up, 4 down
typical move ±12.0%
Wesco International Inc: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
October 29, 2026 −1.2% −2.1% — —
July 30, 2026 +11.0% +2.4% +20.2% +8.7%
April 30, 2026 +16.2% +1.3% +14.9% +16.5%
February 10, 2026 +0.4% −0.3% 0.0% −14.6%
October 30, 2025 +13.7% −0.8% +12.7% +16.6%
July 31, 2025 −4.4% −2.0% −3.7% +3.3%
May 1, 2025 0.0% +2.2% −0.1% +1.5%
February 11, 2025 +4.3% −0.2% +6.3% −14.5%
October 31, 2024 +5.8% −1.5% +16.8% +19.3%
August 1, 2024 −12.3% −3.3% −11.1% −5.5%
May 2, 2024 +8.6% +2.2% +13.5% +14.7%
February 13, 2024 −25.7% −0.5% −26.0% −16.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Wesco International Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Wesco International Inc in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Wesco International Inc
$20B $22B $24B $26B $28B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $22.4B Revenue (TTM), FY24 Q1: $22.2B Revenue (TTM), FY24 Q2: $21.9B Revenue (TTM), FY24 Q3: $21.8B Revenue (TTM), FY24 Q4: $21.8B Revenue (TTM), FY25 Q1: $21.8B Revenue (TTM), FY25 Q2: $22.2B Revenue (TTM), FY25 Q3: $22.9B Revenue (TTM), FY25 Q4: $23.5B Revenue (TTM), FY26 Q1: $24.2B Revenue (TTM), FY26 Q2: $25B Revenue (TTM), FY26 Q3: $26B $26B

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $22.4B
FY24 Q1 $22.2B
FY24 Q2 $21.9B
FY24 Q3 $21.8B
FY24 Q4 $21.8B
FY25 Q1 $21.8B
FY25 Q2 $22.2B
FY25 Q3 $22.9B
FY25 Q4 $23.5B
FY26 Q1 $24.2B
FY26 Q2 $25B
FY26 Q3 $26B
Revenue growth, TTM YoY Wesco International Inc
-5% 0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 4.5% Revenue growth, TTM YoY, FY24 Q1: 0.9% Revenue growth, TTM YoY, FY24 Q2: -1.5% Revenue growth, TTM YoY, FY24 Q3: -3.0% Revenue growth, TTM YoY, FY24 Q4: -2.5% Revenue growth, TTM YoY, FY25 Q1: -1.8% Revenue growth, TTM YoY, FY25 Q2: 1.3% Revenue growth, TTM YoY, FY25 Q3: 5.3% Revenue growth, TTM YoY, FY25 Q4: 7.8% Revenue growth, TTM YoY, FY26 Q1: 11.2% Revenue growth, TTM YoY, FY26 Q2: 12.5% Revenue growth, TTM YoY, FY26 Q3: 13.5% 13.5%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 4.5%
FY24 Q1 0.9%
FY24 Q2 -1.5%
FY24 Q3 -3.0%
FY24 Q4 -2.5%
FY25 Q1 -1.8%
FY25 Q2 1.3%
FY25 Q3 5.3%
FY25 Q4 7.8%
FY26 Q1 11.2%
FY26 Q2 12.5%
FY26 Q3 13.5%
Operating margin (TTM) Wesco International Inc
5% 5.5% 6% 6.5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 6.3% Operating margin (TTM), FY24 Q1: 6.0% Operating margin (TTM), FY24 Q2: 5.8% Operating margin (TTM), FY24 Q3: 5.7% Operating margin (TTM), FY24 Q4: 5.6% Operating margin (TTM), FY25 Q1: 5.5% Operating margin (TTM), FY25 Q2: 5.4% Operating margin (TTM), FY25 Q3: 5.3% Operating margin (TTM), FY25 Q4: 5.2% Operating margin (TTM), FY26 Q1: 5.3% Operating margin (TTM), FY26 Q2: 5.4% Operating margin (TTM), FY26 Q3: 5.6% 5.6%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 6.3%
FY24 Q1 6.0%
FY24 Q2 5.8%
FY24 Q3 5.7%
FY24 Q4 5.6%
FY25 Q1 5.5%
FY25 Q2 5.4%
FY25 Q3 5.3%
FY25 Q4 5.2%
FY26 Q1 5.3%
FY26 Q2 5.4%
FY26 Q3 5.6%
FCF margin (TTM) Wesco International Inc
0% 2% 4% 6% 8% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 1.8% FCF margin (TTM), FY24 Q1: 6.3% FCF margin (TTM), FY24 Q2: 3.9% FCF margin (TTM), FY24 Q3: 3.6% FCF margin (TTM), FY24 Q4: 4.6% FCF margin (TTM), FY25 Q1: 1.3% FCF margin (TTM), FY25 Q2: 2.8% FCF margin (TTM), FY25 Q3: 1.1% FCF margin (TTM), FY25 Q4: 0.1% FCF margin (TTM), FY26 Q1: 0.9% FCF margin (TTM), FY26 Q2: 0.6% FCF margin (TTM), FY26 Q3: 1.6% 1.6%

Source: SEC EDGAR filings. Retrieved October 30, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 1.8%
FY24 Q1 6.3%
FY24 Q2 3.9%
FY24 Q3 3.6%
FY24 Q4 4.6%
FY25 Q1 1.3%
FY25 Q2 2.8%
FY25 Q3 1.1%
FY25 Q4 0.1%
FY26 Q1 0.9%
FY26 Q2 0.6%
FY26 Q3 1.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Wesco International took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $23.5B
  2. Cost of revenue $18.5B · 78.9%
  3. Gross profit $5B · 21.1%
  4. Selling, general and admin $3.5B · 15.1%
  5. Other operating costs $198M · 0.8%
  6. Operating income $1.2B · 5.2%
  7. Income tax $213M · 0.9%
  8. Interest and other $379M · 1.6%
  9. Net income $640M · 2.7%
Where Wesco International's revenue went, FY2025
Revenue $23.5B
Cost of revenue $18.5B 78.9% of revenue
Gross profit $5B 21.1% of revenue
Selling, general and admin $3.5B 15.1% of revenue
Other operating costs $198M 0.8% of revenue
Operating income $1.2B 5.2% of revenue
Income tax $213M 0.9% of revenue
Interest and other $379M 1.6% of revenue
Net income $640M 2.7% of revenue

Shares of revenue. Source: Wesco International's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Wesco International Inc: annual financial statements
Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 4.6 5.1 6.1 6.6 7.5 7.9 7.5 7.3 7.7 8.2 8.4 12.3 18.2 21.4 22.4 21.8 23.5 26.0
Gross profit 0.9 1.0 1.2 1.3 1.5 1.6 1.5 1.4 1.5 1.6 1.6 2.3 3.8 4.7 4.8 4.7 5.0 —
EBITDA 0.2 0.2 0.4 0.4 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.5 1.0 1.6 1.6 1.4 1.4 1.7
Operating income 0.2 0.2 0.3 0.3 0.5 0.5 0.4 0.3 0.3 0.4 0.3 0.3 0.8 1.4 1.4 1.2 1.2 1.5
Net income 0.1 0.1 0.2 0.2 0.3 0.3 0.2 0.1 0.2 0.2 0.2 0.1 0.5 0.9 0.8 0.7 0.6 0.8
Diluted EPS $2.46 $2.50 $3.96 $3.95 $5.25 $5.18 $4.18 $2.10 $3.38 $4.82 $5.14 $1.51 $7.84 $15.33 $13.54 $13.05 $13.05 $15.99
Growth (year on year)
Revenue −24.3% +9.5% +21.0% +7.4% +14.2% +5.0% −4.7% −2.4% +4.7% +6.5% +2.2% +47.5% +47.8% +17.6% +4.5% −2.5% +7.8% +13.5%
EBITDA −44.7% +14.0% +55.2% +1.6% +48.1% −2.6% −17.9% −9.4% −3.6% +8.5% −1.7% +14.8% +113.5% +61.6% −1.8% −11.4% +1.7% +18.3%
Operating income −47.9% +17.2% +57.9% −0.0% +44.5% −3.1% −19.8% −11.6% −3.5% +10.5% −1.8% +0.2% +131.1% +79.3% −2.2% −13.0% +0.8% +20.0%
Net income −48.5% +9.9% +69.9% +2.8% +37.0% −0.2% −23.6% −51.8% — +39.1% −1.7% −55.0% — +84.9% −11.0% −6.3% −10.8% +22.4%
Diluted EPS −47.8% +1.6% +58.4% −0.3% +32.9% −1.3% −19.3% −49.8% — +42.6% +6.6% −70.6% — +95.5% −11.7% −3.6% 0.0% +22.8%
Margins
Gross margin 19.5% 19.7% 20.2% 20.2% 20.6% 20.4% 19.9% 19.7% 19.3% 19.2% 18.9% 18.9% 20.8% 21.8% 21.6% 21.6% 21.1% —
EBITDA margin 4.5% 4.6% 6.0% 5.6% 7.3% 6.8% 5.8% 5.4% 5.0% 5.1% 4.9% 3.8% 5.5% 7.5% 7.1% 6.4% 6.1% 6.4%
Operating margin 3.9% 4.2% 5.4% 5.1% 6.4% 5.9% 5.0% 4.5% 4.2% 4.3% 4.1% 2.8% 4.4% 6.7% 6.3% 5.6% 5.2% 5.6%
Net margin 2.3% 2.3% 3.2% 3.1% 3.7% 3.5% 2.8% 1.4% 2.1% 2.8% 2.7% 0.8% 2.6% 4.0% 3.4% 3.3% 2.7% 3.0%
Free-cash-flow margin 6.0% 2.2% 2.2% 4.0% 3.8% 2.9% 3.5% 3.8% 1.7% 3.2% 2.2% 4.0% 0.1% −0.4% 1.8% 4.6% 0.1% 1.6%
Cash flow
Cash from operations 0.3 0.1 0.2 0.3 0.3 0.3 0.3 0.3 0.1 0.3 0.2 0.5 0.1 0.0 0.5 1.1 0.1 0.5
Capital spending 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Free cash flow 0.3 0.1 0.1 0.3 0.3 0.2 0.3 0.3 0.1 0.3 0.2 0.5 0.0 −0.1 0.4 1.0 0.0 0.4
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1
Free cash flow after stock pay 0.3 0.1 0.1 0.3 0.3 0.2 0.2 0.3 0.1 0.2 0.2 0.5 −0.0 −0.1 0.4 1.0 −0.0 0.3
Balance sheet
Cash 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.2 0.4 0.2 0.5 0.5 0.7 0.6 0.8
Total debt 0.7 0.7 0.8 1.9 1.7 1.6 1.7 1.4 1.4 1.3 1.3 5.0 4.8 5.5 5.4 5.1 5.8 6.1
Net debt (negative = net cash) 0.6 0.7 0.8 1.8 1.5 1.5 1.5 1.3 1.3 1.2 1.2 4.5 4.6 4.9 4.8 4.4 5.2 5.2
Diluted shares 43m 46m 50m 51m 53m 53m 50m 48m 48m 47m 43m 47m 52m 52m 52m 51m 50m 49m
Returned to shareholders
Dividends — — — — — — — — — 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1
Buybacks 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.1 0.1 0.2 0.0 0.0 0.0 0.1 0.4 0.1 0.1
Total returned 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.0 0.1 0.1 0.2 0.0 0.1 0.1 0.2 0.5 0.2 0.2

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

3 of 6 checks passed · September 30, 2026
What it owns · $18.8bn
Short-term assets $11.5bnLonger-term assets $7.2bn
What it owes, and who funded it · $18.8bn
Short-term liabilities $5.8bnLonger-term liabilities $7.6bnShareholders' equity $5.4bn
  • Short-term assets cover short-term liabilities $11.5bn of assets due within a year against $5.8bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $11.5bn short-term assets against $7.6bn of longer-dated liabilities.
  • More cash than debt $842m of cash against $6.0bn of debt.
  • Debt below 40% of shareholders' equity Debt is 110% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 122% to 110% over five years.
  • A year's operating cash flow covers at least 20% of debt $541m of operating cash flow against $6.0bn of debt.
  • Operating profit covers interest at least five times over Interest not separately reported. Not assessable.

From Wesco International Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$75M
Dividends (TTM)
$95.2M
Returned to shareholders
41%
of free cash flow
Buybacks, last 3 fiscal years
$575M
Diluted share count
−0.3%
year over year
Total shareholder yield
1.0%
dividends 0.6% + buybacks 0.5% of market value
Dividend payout ratio
12%
of net income paid out
Sales & admin spending
15.1%
of revenue
Days sales outstanding
71 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in trading companies & distributors
Growth, margins and cash generation against peers
Last 12 months unless stated WCC URI QXO FAST AER CNM Median
Revenue, last 12 months $26.0bn $17.5bn $9.9bn $9.1bn $8.5bn $7.7bn $2.2bn
Revenue growth, last 12 months 13.5% 9.4% 408.3% 13.5% 6.5% −0.5% 8.4%
Revenue growth, 3-year average 5.0% 8.0% 484.0% 7.6% 100.9% 5.1% 5.1%
Revenue growth, latest quarter 16.6% 15.7% 70.3% 15.5% — 2.5% 9.0%
Gross margin 21.2% 39.1% 24.0% 44.6% 18.1% 27.0% 28.3%
Operating margin 5.6% 25.5% −3.4% 20.5% 27.0% 9.6% 5.5%
Operating margin, 3-year average 5.5% 25.9% −9.4% 20.4% — 9.7% 6.4%
Net margin 3.0% 16.3% −5.2% 15.6% 44.0% 6.0% 3.5%
Cash from operations / revenue 2.1% 35.4% 2.6% 15.8% 63.3% 8.9% 4.9%
Free-cash-flow margin 1.6% 32.8% 1.4% 13.0% 32.2% 8.2% 2.4%
Free-cash-flow margin, 3-year average 2.1% 22.3% −0.7% 13.0% 32.6% 8.7% 3.1%
Stock pay / revenue 0.3% 0.9% 1.3% 0.1% 2.0% 0.2% 0.5%
Change in share count −0.3% −3.4% 2.3% −0.7% −9.4% −1.8% −0.5%

Median of all 32 companies we cover in trading companies & distributors. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

32 trading companies & distributors companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 13.5% 8.5% 13 of 32
Change in growth rate Growth +1.0pp +0.8pp 12 of 32
Gross margin Profitability 21.2% 28.9% 23 of 26
Operating margin Profitability 5.6% 5.5% 13 of 28
Net margin Profitability 3.0% 3.5% 18 of 32
Free-cash-flow margin Cash generation 1.6% 2.8% 19 of 32
Stock pay as % of revenue Cash generation 0.3% 0.5% 6 of 29
Long-term debt as % of assets Balance sheet 31.9% 21.4% 18 of 29
Change in share count Balance sheet -0.3% -0.8% 16 of 27
Days sales outstanding Balance sheet 71 days 57 days 23 of 27

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
CSS $9.1B 38.7% ▲ 18.3%
EES $9B 38.1% ▲ 6.7%
UBS $5.5B 23.2% ▼ 4.9%
Geography
Region Revenue Share YoY
United States $17.4B 74.0% ▲ 7.4%
Canada $3.2B 13.5% ▲ 8.3%
Other International $2.9B 12.5% ▲ 9.1%

From Wesco International Inc's 10-K filed February 13, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$16.2B
Institutions reporting
697
Shares held vs prior quarter
▼ 3.4%
Positions opened / closed
116 / 33

Top buyers and sellers, Q2 2026: 322 institutions bought and 309 sold ; the biggest buyer was Jane Street Group, LLC (+933K shares) and the biggest seller Wellington Management Group LLP (−1.6M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $3.1B 9.0M 19.1% ▼ 4.6%
Vanguard Capital Management LLC $760M 2.2M 4.7% ▲ 0.6%
Vanguard Portfolio Management LLC $716M 2.1M 4.4% ▼ 0.1%
Wellington Management Group LLP $697M 2.0M 4.3% ▼ 43.9%
Dimensional Fund Advisors LP $696M 2.0M 4.3% ▼ 9.8%
State Street Corp $524M 1.5M 3.2% ▲ 3.5%
Invesco Ltd. $336M 972K 2.1% ▼ 35.6%
Jane Street Group, LLC $327M 947K 2.0% ▲ 7122.0%
Geode Capital Management, LLC $321M 928K 2.0% ▼ 1.1%
Norges Bank $297M 860K 1.8% —
Bank Of America Corp $296M 858K 1.8% ▼ 10.9%
Bank Of New York Mellon Corp $250M 722K 1.5% ▼ 20.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Wesco International Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Schulz David S. EVP & CFO March 1, 2028 Sell 1,867 $167.07 $311,920
Khurana Akash EVP, Chief Info & Digital Off. August 17, 2026 Sell 360 $368.27 $132,577
Khurana Akash EVP, Chief Info & Digital Off. August 17, 2026 Sell 1,480 $367.13 $543,352
Khurana Akash EVP, Chief Info & Digital Off. August 17, 2026 Sell 1,560 $366.10 $571,116
Thompson Laura K Director August 12, 2026 Sell 270 $368.45 $99,482
Castillo Daniel J EVP & GM, EES August 4, 2026 Buy 960 $365.89 $351,254
Porwal Hemant EVP Supply Chain & Operations May 11, 2026 Sell 4,445 $363.21 $1.6M
Schulz David S. EVP & Former CFO May 6, 2026 Sell 11,852 $360.63 $4.3M
Schulz David S. EVP & Former CFO May 6, 2026 Sell 5,569 $361.41 $2M
Schulz David S. EVP & Former CFO May 6, 2026 Sell 2,358 $362.51 $854,799
Schulz David S. EVP & Former CFO May 6, 2026 Sell 10,322 $359.58 $3.7M
Schulz David S. EVP & Former CFO May 6, 2026 Sell 1,850 $358.47 $663,170

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 14 trades and filings

No trades in Wesco International Inc disclosed in the last 12 months; 14 earlier trades on record.

  • Thomas H. Kean, Jr.(R-NJ 7):Sale (full), $1,001 - $15,000, traded June 23, 2025, filed July 16, 2025
  • Thomas H. Kean, Jr.(R-NJ 7):Purchase, $15,001 - $50,000, traded March 16, 2023, filed April 13, 2023
  • Susie Lee(D-NV 3):Sale (full), $1,001 - $15,000, traded November 30, 2022, filed December 29, 2022

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around February 9, 2027 estimated from the company's past filing pattern, not announced

  • October 29, 2026
  • July 30, 2026
  • April 30, 2026
  • February 10, 2026
  • October 30, 2025
  • July 31, 2025

Recent SEC filings

Data status

When each part of this page on Wesco International Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Wesco International Inc in brief

What does Wesco International Inc do?
Wesco International Inc is a US-listed company in the trading companies & distributors industry. Its financial year ends in December.
What is Wesco International Inc's stock ticker?
Wesco International Inc trades under the ticker WCC on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Wesco International Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Wesco International Inc reported revenue of $26B, 13.5% higher than a year earlier, according to its SEC filings.
What is Wesco International Inc's free cash flow?
Wesco International Inc's free-cash-flow margin is 1.6% of revenue over the trailing twelve months, ranking 19 of the 32 trading companies & distributors companies we cover.
What is Wesco International Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Wesco International Inc's free cash flow after stock-based pay gives ~$130 per share in the base case, and ~$73–$210 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Wesco International Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Capital Management LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Wesco International Inc buying back stock, and does it pay a dividend?
Wesco International Inc spent $75M on share repurchases over the trailing twelve months, and its diluted share count fell 0.3% over the year.
What is Wesco International Inc's market cap?
On November 2, 2026, Wesco International Inc's market capitalisation was about $16.6B, with a price-to-earnings ratio of 21.0 and net debt of $5.2B. Market figures come from third-party market data and may be delayed.
Does Wesco International Inc pay a dividend?
Yes: Wesco International Inc paid $95.2M in dividends over the trailing twelve months, a dividend yield of 0.58% and a payout ratio of 12.0%.
How much debt does Wesco International Inc have?
Wesco International Inc's debt-to-equity ratio is 110.4%, from its latest balance sheet (121.7% five years earlier). The financial health section below sets out its other solvency checks.
Who are Wesco International Inc's competitors?
In our Trading Companies & Distributors peer group, the companies closest to Wesco International Inc are United Rentals, QXO, Inc., Fastenal, Aercap Holdings N.V. and Core & Main, Inc. The side-by-side comparison below sets their revenue, margins and growth against Wesco International Inc's.
Are insiders buying or selling Wesco International Inc stock?
Over the last 12 months, Wesco International Inc's directors and officers reported 2 open-market purchases and 56 sales on Form 4. The insider trading page charts every trade.
When is Wesco International Inc's next earnings date?
Around February 9, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Wesco International Inc announces its own schedule.