WESCO International Inc (WCC)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 703,200 | 694,100 | 723,200 | 684,200 | 765,500 | 842,520 | 834,320 | 847,520 | 817,220 | 751,361 | 631,405 | 529,948 | 407,974 | 274,897 | 235,820 | 96,471 | 86,052 | 119,165 | 117,493 | 215,463 |
| Total assets | US$ in thousands | 15,061,400 | 15,275,000 | 15,108,500 | 15,539,000 | 15,060,900 | 15,168,600 | 15,162,700 | 14,971,200 | 14,811,700 | 14,080,600 | 13,863,300 | 13,185,000 | 12,617,700 | 12,481,000 | 12,299,100 | 11,878,300 | 11,880,200 | 11,868,300 | 11,732,000 | 5,230,960 |
| ROA | 4.67% | 4.54% | 4.79% | 4.40% | 5.08% | 5.55% | 5.50% | 5.66% | 5.52% | 5.34% | 4.55% | 4.02% | 3.23% | 2.20% | 1.92% | 0.81% | 0.72% | 1.00% | 1.00% | 4.12% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $703,200K ÷ $15,061,400K
= 4.67%
ROA, or Return on Assets, is a financial ratio that indicates the efficiency with which a company generates earnings from its assets.
Analyzing the data for WESCO International Inc's ROA from March 31, 2020, to December 31, 2024, we observe fluctuations in the ratio over time. The ROA started at 4.12% in March 2020 and experienced a decline to 0.72% by December 2020. This decrease indicates a potential inefficiency in generating profit relative to the company's assets during that period.
Subsequently, the ROA showed a gradual improvement, reaching 5.52% by December 31, 2022, the highest point recorded during the period. This upward trend suggests enhanced asset utilization and profitability ratios for the company.
However, the ROA exhibited a slight decline in the subsequent quarters, fluctuating between 4.40% and 5.66% until March 31, 2024. Despite the variations, WESCO International Inc maintained a relatively stable ROA performance above 4%, indicating that the company continued to effectively generate profits from its assets.
Overall, based on the data provided, WESCO International Inc's ROA trend reflects periods of both improvement and decline, but the company managed to maintain a moderate to high level of return on assets throughout the period under consideration.
Peer comparison
Dec 31, 2024