WESCO International Inc (WCC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 660,200 | 765,500 | 860,500 | 465,400 | 100,560 |
| Revenue | US$ in thousands | 21,818,800 | 22,385,200 | 21,420,100 | 18,217,500 | 12,326,000 |
| Net profit margin | 3.03% | 3.42% | 4.02% | 2.55% | 0.82% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $660,200K ÷ $21,818,800K
= 3.03%
WESCO International Inc has shown an increasing trend in its net profit margin over the years, starting at 0.82% on December 31, 2020, and reaching 3.03% by December 31, 2024. This indicates a steady improvement in the company's ability to convert sales into profits. However, it's important to note that there was a slight decrease in the net profit margin from 2022 to 2023, which may require further analysis to identify potential factors influencing this change. Overall, the rising net profit margin reflects positively on WESCO International Inc's profitability and efficiency in managing its operations.
Peer comparison
Dec 31, 2024