WESCO International Inc (WCC)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,406,400 | 1,472,455 | 1,493,547 | 1,500,456 | 1,438,085 | 1,285,291 | 1,113,165 | 961,347 | 810,569 | 1,353,559 | 1,909,635 | 2,084,519 | 2,327,666 | 1,945,509 | 1,560,164 | 1,575,363 | 1,581,461 | 1,581,997 | 1,279,317 | 961,526 |
| Revenue (ttm) | US$ in thousands | 22,385,200 | 22,470,320 | 22,271,820 | 22,009,820 | 21,420,120 | 20,722,450 | 20,004,870 | 19,117,160 | 18,226,440 | 17,494,430 | 16,907,910 | 14,398,830 | 12,326,000 | 10,296,610 | 8,302,920 | 8,366,300 | 8,358,920 | 8,270,920 | 8,190,050 | 8,143,950 |
| Gross profit margin | 6.28% | 6.55% | 6.71% | 6.82% | 6.71% | 6.20% | 5.56% | 5.03% | 4.45% | 7.74% | 11.29% | 14.48% | 18.88% | 18.89% | 18.79% | 18.83% | 18.92% | 19.13% | 15.62% | 11.81% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,406,400K ÷ $22,385,200K
= 6.28%
The gross profit margin of Wesco International, Inc. has displayed consistency in recent quarters, ranging between 21.28% and 21.90%. The highest gross profit margin was recorded in Q1 2023 at 21.90%, while the lowest was in Q2 2022 at 21.09%. Overall, the company has maintained a stable gross profit margin, which indicates efficient cost management and pricing strategies in delivering goods and services. It suggests that Wesco International, Inc. has been able to effectively control its production costs relative to its revenue, which is a positive indicator of the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2023