WESCO International Inc (WCC)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 660,200 | 765,500 | 860,500 | 465,400 | 100,560 |
| Total stockholders’ equity | US$ in thousands | 4,970,700 | 5,037,100 | 4,449,570 | 3,776,210 | 3,336,390 |
| ROE | 13.28% | 15.20% | 19.34% | 12.32% | 3.01% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $660,200K ÷ $4,970,700K
= 13.28%
Based on the provided data, WESCO International Inc's Return on Equity (ROE) has shown a positive trend over the years, increasing from 3.01% as of December 31, 2020, to 13.28% as of December 31, 2024. The company has experienced fluctuations in ROE over this period, reaching its peak at 19.34% as of December 31, 2022.
The increasing trend in ROE indicates that WESCO International Inc has been effectively utilizing its shareholders' equity to generate profits. However, the fluctuations in ROE suggest that the company's profitability and efficiency in generating returns on equity have varied in recent years.
Overall, based on the data provided, it can be concluded that WESCO International Inc's ROE has improved significantly, indicating positive performance in terms of generating profits relative to shareholders' equity.
Peer comparison
Dec 31, 2024