WESCO International Inc (WCC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 951,000 | 949,800 | 954,100 | 897,700 | 992,000 | 1,074,283 | 1,121,830 | 1,158,630 | 1,136,615 | 1,045,208 | 884,427 | 735,511 | 581,911 | 402,219 | 341,485 | 144,088 | 122,844 | 171,047 | 146,940 | 272,853 |
| 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 |
| Pretax margin | 4.36% | 4.36% | 4.35% | 4.04% | 4.43% | 4.78% | 5.04% | 5.26% | 5.31% | 5.05% | 4.42% | 3.85% | 3.19% | 2.30% | 2.02% | 1.00% | 1.00% | 1.66% | 1.77% | 3.26% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $951,000K ÷ $21,818,800K
= 4.36%
The pretax margin of WESCO International Inc has shown fluctuations over the recent quarters. From the first quarter of 2020 to the second quarter of 2021, the pretax margin ranged between 1.00% and 3.26%. However, since the third quarter of 2021, the pretax margin has been on an upward trend, reaching 4.36% at the end of December 2024.
The improving trend in pretax margin indicates that the company is effectively managing its operating expenses relative to its revenue. This could be a result of cost-saving initiatives, operational efficiency improvements, or revenue growth outpacing the growth in expenses.
Overall, the increasing trend in pretax margin is a positive indicator of WESCO International Inc's profitability and operational performance. It suggests that the company is making effective financial management decisions and is becoming more efficient in generating earnings before taxes.
Peer comparison
Dec 31, 2024