WESCO International Inc (WCC)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 4,970,700 | 5,042,400 | 4,857,300 | 4,982,700 | 5,037,100 | 4,882,500 | 4,800,300 | 4,594,300 | 4,449,570 | 4,191,950 | 4,116,790 | 3,967,480 | 3,776,210 | 3,581,820 | 3,525,000 | 3,407,060 | 3,336,390 | 3,213,220 | 3,100,400 | 2,202,130 |
| ROE | 14.15% | 13.77% | 14.89% | 13.73% | 15.20% | 17.26% | 17.38% | 18.45% | 18.37% | 17.92% | 15.34% | 13.36% | 10.80% | 7.67% | 6.69% | 2.83% | 2.58% | 3.71% | 3.79% | 9.78% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $703,200K ÷ $4,970,700K
= 14.15%
WESCO International Inc's return on equity (ROE) has displayed a fluctuating trend over the past few years. As of December 31, 2024, the ROE stood at 14.15%, indicating the company generated a return of 14.15% on shareholder equity during that period. The ROE has ranged from a low of 2.58% in December 31, 2020, to a high of 18.45% in March 31, 2023.
The upward trend in the ROE since the end of 2020 suggests an improvement in the company's profitability and efficiency in generating returns for its shareholders. The ROE peaked at 18.45% in March 31, 2023, before gradually declining to 14.15% by December 31, 2024.
Analyzing the ROE trend can help assess how effectively WESCO International Inc is utilizing its equity to generate profits. Investors and stakeholders may interpret the increasing ROE positively as it signifies the company's ability to generate higher returns on shareholder investments. However, it is essential to continue monitoring the ROE to ensure sustained profitability and efficiency in the utilization of equity in the future.
Peer comparison
Dec 31, 2024