WESCO INTERNATIONAL INC Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (In millions, except per share data) | |||||||||||||||||
| Net income attributable to WESCO International, Inc. | $ | 640.2 | $ | 717.6 | $ | 765.5 | |||||||||||
| Plus: Gain on redemption of Series A Preferred Stock | 32.9 | — | — | ||||||||||||||
| Less: Preferred stock dividends | 27.3 | 57.4 | 57.4 | ||||||||||||||
| Net income attributable to common stockholders | $ | 645.8 | $ | 660.2 | $ | 708.1 | |||||||||||
Weighted-average common shares outstanding used in computing basic earnings per share | 48.7 | 49.8 | 51.1 | ||||||||||||||
| Common shares issuable upon exercise of dilutive equity awards | 0.8 | 0.8 | 1.2 | ||||||||||||||
Weighted-average common shares outstanding and common share equivalents used in computing diluted earnings per share | 49.5 | 50.6 | 52.3 | ||||||||||||||
| Earnings per share attributable to common stockholders | |||||||||||||||||
| Basic | $ | 13.26 | $ | 13.26 | $ | 13.86 | |||||||||||
| Diluted | $ | 13.05 | $ | 13.05 | $ | 13.54 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 13, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
| 2023 | Feb 20, 2024 | |
| 2022 | Feb 21, 2023 | |
| 2021 | Feb 25, 2022 | |
| 2020 | Mar 1, 2021 | |
| 2019 | Feb 24, 2020 | |
| 2018 | Feb 27, 2019 | |
| 2017 | Feb 22, 2018 | |
| 2016 | Feb 22, 2017 | |
| 2015 | Feb 22, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.