WESCO INTERNATIONAL INC

Listed Company

WCCCIK 0000929008NYSELarge AcceleratedWholesale-Electrical Apparatus & Equipment, Wiring Supplies FY ends Dec 31

Period

FY 2025

Revenue

$23.51B

Net Income

$640.20M

Total Assets

$16.49B

Equity

$5.03B

Shares Out

48.70M

Op. Cash Flow

$125.00M

Business

WESCO INTERNATIONAL INC is a business-to-business distributor and supply chain solutions provider delivering distribution, logistics and technical services to commercial, industrial, utility, telecommunications, government and institutional customers. It offers millions of products and value-added services, including electrical and electronic supplies, communications and security products, wire and cable, lighting and renewable energy solutions, installation enhancement, kitting, inventory management, project deployment and digital supply chain services. The company operates through three strategic units: Electrical & Electronic Solutions, Communications & Security Solutions, and Utility & Broadband Solutions. It serves customers globally via a network of distribution centers, fulfillment centers, sales offices and channel partners.

Summary from filing dated 2025-02-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales	23,511	21,819	22,385	21,420	18,218
Cost of goods sold (excluding depreciation and amortization below)	18,539	17,106	17,542	16,759	14,425
Selling, general and administrative expense	3,541	3,306	3,256	3,044	2,792
Depreciation and amortization	198	183	181	179	199
Income from operations	1,233	1,223	1,406	1,438	802
Interest expense, net	387	365	389	294	268
Other, net	−10	−93	25	7	−48
Income before income taxes	856	951	992	1,137	582
Provision for income taxes	213	232	226	275	116
Net income	643	719	766	862	466
Net loss attributable to noncontrolling interest	2	2	600,000	2	1
Net Income attributable to WESCO International, Inc.	640	718	766	861	465
Preferred Stock Dividends, Income Statement Impact	27	57	57	57	57
Net Income (Loss) Available to Common Stockholders, Basic	646	660	708	803	408
Foreign currency translation adjustment	149	−229	57	−127	−16
Benefit plan adjustments, net of tax	−800,000	14	−11	−15	43
Comprehensive income attributable to WESCO International, Inc.	794	445	754	661	435
Basic	13.26	13.26	13.86	15.83	8.11
Diluted	13.05	13.05	13.54	15.33	7.84
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	148	−215	46	−142	—
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	790	504	812	720	—
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	2	2	600,000	2	—
Preferred Stock Redemption Discount	33	0	0	—	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	605	703	524	527	213
Trade accounts receivable	4,070	3,454	3,640	3,663	2,958
Other accounts receivable	522	416	431	436	376
Inventories	4,009	3,502	3,572	3,499	2,666
Prepaid expenses and other current assets	251	276	225	206	138
Total current assets	9,456	8,351	8,392	8,331	6,350
Property, buildings and equipment, net	467	443	424	403	379
Operating Lease, Right-of-Use Asset	888	735	761	625	531
Intangible assets, net	1,769	1,836	1,858	1,943	1,944
Goodwill	3,343	3,280	3,262	3,241	3,208
Deferred Income Taxes	46	42	42	34	34
Other assets	525	374	322	235	171
Total assets	16,495	15,061	15,061	14,812	12,618
Accounts payable	3,031	2,671	2,432	2,728	2,140
Accrued payroll and benefit costs	283	242	192	269	315
Short-term debt and current portion of long-term debt	25	20	9	71	10
Other current liabilities	958	872	757	750	585
Total current liabilities	4,297	3,804	3,388	3,817	3,050
Long-term Debt, Excluding Current Maturities	5,756	5,046	5,313	5,346	4,702
Operating Lease, Liability, Noncurrent	752	615	642	510	414
Deferred Income Tax Liabilities, Net	427	416	452	461	437
Other noncurrent liabilities	236	216	234	228	238
Total liabilities	11,469	10,096	10,029	10,362	8,841
Commitments and contingencies	—	—	—	—	—
Additional capital	1,507	2,052	2,037	2,005	1,969
Retained earnings	5,513	4,961	4,392	3,795	3,005
Treasury stock, at cost	−1,590	−1,495	−1,060	−969	−956
Accumulated other comprehensive income (loss)	−400	−547	−332	−378	−236
Total stockholders' equity	5,032	4,971	5,037	4,454	3,783
Noncontrolling interest	−5	−5	−5	−5	−6
Total WESCO International stockholders' equity	5,026	4,966	5,032	4,449	3,776
Total liabilities and stockholders' equity	16,495	15,061	15,061	14,812	12,618

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Stock-based compensation expense	41	29	48	46	31
Cloud computing arrangement amortization	30	14	0	—	—
Amortization of debt issuance costs and debt discount	13	16	15	15	19
Gain on divestiture	0	−122	0	0	−9
Loss on abandonment of assets	0	18	0	0	—
Other operating activities, net	10	8	−500,000	4	7
Deferred income taxes	7	−40	−8	−1	−78
Increase (Decrease) in Accounts Receivable	−558	−51	52	−691	−532
Increase (Decrease) in Accounts and Other Receivables	−80	2	4	−55	−137
Inventories	−446	−18	−68	−817	−531
Increase (Decrease) in Other Operating Assets	−117	−143	−61	−153	−56
Accounts payable	−324	−330	320	−553	−450
Accrued payroll and benefit costs	25	63	−92	−63	84
Other current and noncurrent liabilities	35	93	−24	132	190
Net cash provided by operating activities	125	1,101	493	11	67
Capital expenditures	−100	−95	−92	−99	−55
Acquisition payments, net of cash acquired	−36	−221	0	−187	0
Proceeds from Divestiture of Businesses, Net of Cash Divested	0	355	0	0	56
Other investing activities, net	−5	2	3	3	−4
Net cash used in investing activities	−141	40	−90	−284	3
Proceeds from short-term debt	23	4	17	20	15
Repayments of short-term debt	−22	−4	−23	−20	−35
Debt issuance costs	14	27	0	0	−2
Proceeds from issuance of long-term debt	6,929	6,775	3,290	4,470	3,231
Repayments of Long-term Debt	−6,224	−7,054	−3,405	−3,772	−2,565
Payments for taxes related to net-share settlement of equity awards	−37	−31	−68	−26	−27
Repurchases of common stock	−75	−425	−75	−11	0
Redemption of preferred stock	−540	0	0	—	—
Payment of common stock dividends	−88	−82	−77	0	0
Payment of preferred stock dividends	−27	−57	−57	−57	−57
Other financing activities, net	16	29	7	20	18
Net cash provided (used) by financing activities	−93	−928	−404	584	−311
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation	11	−35	−3	3	5
Net change in cash and cash equivalents	−98	179	−3	315	−237
Cash paid for interest	357	331	387	272	250
Cash paid for taxes	238	253	208	293	118

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro