WESCO International Inc (WCC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,223,200 | 1,406,400 | 1,438,080 | 801,873 | 347,038 |
| Revenue | US$ in thousands | 21,818,800 | 22,385,200 | 21,420,100 | 18,217,500 | 12,326,000 |
| Operating profit margin | 5.61% | 6.28% | 6.71% | 4.40% | 2.82% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,223,200K ÷ $21,818,800K
= 5.61%
The operating profit margin of WESCO International Inc has shown a positive trend over the years, increasing from 2.82% in December 2020 to 5.61% in December 2024. This indicates an improvement in the company's ability to generate operating profit from its revenue.
The jump in operating profit margin from 2020 to 2022 is particularly notable, as it surged from 2.82% to 6.71%. However, there was a slight dip in 2023 to 6.28% before a decrease to 5.61% in 2024. This may suggest some fluctuations in the company's operational efficiency or cost management during those periods.
Overall, the increasing trend in the operating profit margin signifies that WESCO International Inc has been able to enhance its operational performance and efficiency in recent years, albeit with some minor fluctuations. It is essential for the company to continue monitoring and managing its operating costs effectively to sustain and potentially further improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024