WESCO International Inc (WCC)
Pretax margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 991,400 | 1,074,000 | 1,121,500 | 1,157,200 | 1,134,900 | 1,043,422 | 882,688 | 734,083 | 580,892 | 401,248 | 341,754 | 144,399 | 123,363 | 172,276 | 147,685 | 273,937 | 283,289 | 289,024 | 289,314 | 282,131 |
| Revenue (ttm) | US$ in thousands | 22,385,200 | 22,470,320 | 22,271,820 | 22,009,820 | 21,420,120 | 20,722,450 | 20,004,870 | 19,117,160 | 18,226,440 | 17,494,430 | 16,907,910 | 14,398,830 | 12,326,000 | 10,296,610 | 8,302,920 | 8,366,300 | 8,358,920 | 8,270,920 | 8,190,050 | 8,143,950 |
| Pretax margin | 4.43% | 4.78% | 5.04% | 5.26% | 5.30% | 5.04% | 4.41% | 3.84% | 3.19% | 2.29% | 2.02% | 1.00% | 1.00% | 1.67% | 1.78% | 3.27% | 3.39% | 3.49% | 3.53% | 3.46% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $991,400K ÷ $22,385,200K
= 4.43%
The pretax margin of Wesco International, Inc. has exhibited fluctuations over the past eight quarters. It decreased from 5.31% in Q4 2022 to 3.85% in Q1 2022, indicating a significant decline in profitability. However, there was a subsequent improvement in the pretax margin, reaching 5.26% in Q1 2023. The margin continued to increase in Q2 2023, reaching 5.04%, but slightly decreased to 4.78% in Q3 2023 and further to 4.43% in Q4 2023.
Overall, the pretax margin of Wesco International, Inc. has shown variability in recent quarters, with a mix of increases and decreases. It is essential for investors and stakeholders to monitor these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2023