WESCO International Inc (WCC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 951,000 | 992,000 | 1,136,650 | 581,912 | 122,842 |
| Revenue | US$ in thousands | 21,818,800 | 22,385,200 | 21,420,100 | 18,217,500 | 12,326,000 |
| Pretax margin | 4.36% | 4.43% | 5.31% | 3.19% | 1.00% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $951,000K ÷ $21,818,800K
= 4.36%
The pretax margin of WESCO International Inc has shown a positive trend over the years, increasing from 1.00% on December 31, 2020, to 4.36% on December 31, 2024. This indicates an improvement in the company's ability to control operating expenses and generate operating income before taxes. However, there was a slight dip in the pretax margin in 2023, which could be a point of attention for further analysis. Overall, the upward trajectory of the pretax margin demonstrates the company's efficiency in managing costs and increasing profitability before accounting for tax considerations.
Peer comparison
Dec 31, 2024