WESCO International Inc (WCC)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 6.28% | 6.55% | 6.71% | 6.82% | 6.71% | 6.20% | 5.56% | 5.03% | 4.45% | 7.74% | 11.29% | 14.48% | 18.88% | 18.89% | 18.79% | 18.83% | 18.92% | 19.13% | 15.62% | 11.81% |
| Operating profit margin | 6.28% | 6.55% | 6.71% | 6.82% | 6.71% | 6.16% | 5.52% | 4.98% | 4.40% | 3.85% | 3.68% | 2.91% | 2.82% | 3.28% | 3.06% | 4.02% | 4.14% | 4.27% | 4.36% | 4.30% |
| 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% |
| Net profit margin | 3.42% | 3.75% | 3.81% | 3.98% | 4.02% | 3.90% | 3.44% | 3.07% | 2.55% | 1.82% | 1.65% | 0.87% | 0.82% | 1.30% | 1.42% | 2.58% | 2.67% | 2.76% | 2.82% | 2.77% |
Wesco International, Inc. has demonstrated relatively stable gross profit margins over the past eight quarters, ranging from 21.09% to 21.90%. This suggests the company has been able to efficiently manage its production costs and maintain a consistent level of profitability from its core business activities.
In terms of operating profit margins, Wesco International, Inc. has shown a positive trend, increasing from 4.99% in Q1 2022 to 6.82% in Q1 2023. This indicates improved operational efficiency and cost management, leading to a higher percentage of revenue translating into operating profits.
The pretax margin has also exhibited an upward trajectory, with Wesco International, Inc. consistently improving from 3.85% in Q1 2022 to 5.26% in Q1 2023. This signifies the company's ability to effectively control operating expenses and generate higher levels of pre-tax income relative to total revenue.
Furthermore, the net profit margin of Wesco International, Inc. has followed a similar positive trend, increasing from 2.77% in Q1 2022 to 3.72% in Q1 2023. This growth in net profit margin indicates the company's success in efficiently managing its costs, taxes, and interest expenses to ultimately increase its bottom line profitability.
Overall, Wesco International, Inc. has exhibited consistent and improving profitability ratios over the past year, reflecting effective cost management and operational efficiency, which bodes well for the company's financial performance and sustainable growth in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.34% | 9.71% | 9.85% | 10.02% | 9.71% | 9.07% | 7.97% | 7.23% | 6.36% | 5.40% | 5.07% | 3.53% | 2.92% | 2.85% | 2.16% | 6.43% | 6.90% | 6.99% | 7.04% | 7.02% |
| Return on assets (ROA) | 5.08% | 5.55% | 5.60% | 5.85% | 5.81% | 5.74% | 4.97% | 4.46% | 3.69% | 2.55% | 2.27% | 1.06% | 0.85% | 1.13% | 1.00% | 4.12% | 4.45% | 4.53% | 4.55% | 4.52% |
| Return on total capital | 13.59% | 14.34% | 14.46% | 14.73% | 14.67% | 13.60% | 12.06% | 10.81% | 9.45% | 8.27% | 7.95% | 5.24% | 4.50% | 4.17% | 3.10% | 8.97% | 9.83% | 9.97% | 10.07% | 10.24% |
| Return on equity (ROE) | 15.20% | 17.23% | 17.66% | 19.07% | 19.32% | 19.27% | 16.73% | 14.78% | 12.30% | 8.86% | 7.90% | 3.68% | 3.01% | 4.15% | 3.78% | 9.75% | 9.86% | 10.42% | 10.78% | 10.23% |
Wesco International, Inc.'s profitability ratios exhibit a generally positive trend over the past eight quarters. The Operating return on assets (Operating ROA) has been relatively stable, ranging from 9.07% to 10.02%, indicating consistent operational efficiency in generating profits from its assets.
The Return on assets (ROA) shows a gradually increasing trend from 4.02% to 5.47% over the same period, demonstrating improved overall asset utilization and profitability.
Return on total capital has also been on an upward trajectory, indicating effective capital management and value creation for shareholders. The ratio has increased from 10.73% to 14.71%, reflecting the company's ability to generate returns on both equity and debt capital.
Moreover, Wesco International, Inc.'s Return on equity (ROE) has shown significant growth, climbing from 13.34% to 17.82%. This indicates that the company has been successful in maximizing profits for its shareholders relative to the equity invested.
Overall, the profitability ratios of Wesco International, Inc. demonstrate a solid performance and improving efficiency in utilizing its assets and capital to generate returns for its investors.