WESCO International Inc (WCC)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 15,061,400 | 15,060,900 | 14,811,700 | 12,617,700 | 11,880,200 |
| Operating ROA | 8.12% | 9.34% | 9.71% | 6.36% | 2.92% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,223,200K ÷ $15,061,400K
= 8.12%
WESCO International Inc's operating return on assets (operating ROA) has shown a positive trend over the five-year period from 2020 to 2024. The operating ROA increased from 2.92% in 2020 to 8.12% in 2024, indicating an improvement in the company's ability to generate operating profits relative to its total assets.
The significant increase in operating ROA from 2020 to 2022, reaching 9.71%, suggests that the company effectively utilized its assets to generate operating income during this period. However, there was a slight decline in 2023 to 9.34% and a further decrease to 8.12% in 2024, indicating that the company may have faced challenges in maintaining the same level of operating performance in the latter years.
Overall, WESCO International Inc's operating ROA demonstrates a generally positive performance trajectory, with fluctuations likely reflective of operational and economic factors influencing the company's asset efficiency and profitability over the years.
Peer comparison
Dec 31, 2024