WESCO International Inc (WCC)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 703,200 | 694,100 | 723,200 | 684,200 | 765,500 | 842,520 | 834,320 | 847,520 | 817,220 | 751,361 | 631,405 | 529,948 | 407,974 | 274,897 | 235,820 | 96,471 | 86,052 | 119,165 | 117,493 | 215,463 |
| Revenue (ttm) | US$ in thousands | 21,818,800 | 21,792,500 | 21,947,500 | 22,213,300 | 22,385,200 | 22,470,290 | 22,271,810 | 22,009,810 | 21,420,090 | 20,713,520 | 19,995,920 | 19,108,210 | 18,217,510 | 17,494,430 | 16,907,910 | 14,398,830 | 12,326,000 | 10,296,610 | 8,302,920 | 8,366,310 |
| Net profit margin | 3.22% | 3.19% | 3.30% | 3.08% | 3.42% | 3.75% | 3.75% | 3.85% | 3.82% | 3.63% | 3.16% | 2.77% | 2.24% | 1.57% | 1.39% | 0.67% | 0.70% | 1.16% | 1.42% | 2.58% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $703,200K ÷ $21,818,800K
= 3.22%
The net profit margin of WESCO International Inc has shown varying trends over the past few years. Starting at a level of 2.58% in March 2020, the net profit margin decreased to 0.70% by December 2020. The margin continued to decline to 0.67% in March 2021 before showing signs of improvement, reaching 3.82% by December 2022.
Despite some fluctuations, the net profit margin generally increased between March 2020 and December 2022, indicating that the company was able to generate more profit relative to its revenue during this period. However, from March 2023 onwards, the net profit margin has stabilized around the range of 3.08% to 3.42%, suggesting a more consistent level of profitability.
Overall, the upward trend in the net profit margin from 2020 to 2022 followed by a stabilization in 2023 and 2024 reflects the company's ability to effectively manage costs, improve operational efficiency, and drive profitability. A higher net profit margin indicates that WESCO International Inc is more efficient in converting revenue into profit, which can be a positive signal for investors and stakeholders.
Peer comparison
Dec 31, 2024