WESCO International
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WESCO International, Inc. distributes electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers products and construction materials in North America and internationally. The last earnings update was 13 days ago. More info.
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WCC Share Price and Events
7 Day Returns
1 Year Returns
WCC Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| WESCO International (WCC) | -4.5% | -7.3% | -7% | -12.3% | -5.4% | -39.2% |
| US Trade Distributors | -5.2% | -5.4% | -3.3% | -8.8% | 30.2% | 8.5% |
| US Market | -3.9% | -3.6% | 1.8% | 1.4% | 35.8% | 40.8% |
1 Year Return vs Industry and Market
- WCC underperformed the Trade Distributors industry which returned -8.8% over the past year.
- WCC underperformed the Market in United States of America which returned 1.4% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
WESCO International
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for WESCO International.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 17 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 10.1% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Trade Distributors Unlevered Beta | Simply Wall St/ S&P Global | 0.91 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.915 (1 + (1- 21%) (62.14%)) |
1.243 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.24 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.243 * 5.96%) |
10.14% |
Discounted Cash Flow Calculation for NYSE:WCC using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for WESCO International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 10.14%) |
|
|---|---|---|---|
| 2019 | 222.50 | Analyst x5 | 202.01 |
| 2020 | 239.13 | Analyst x7 | 197.12 |
| 2021 | 269.00 | Analyst x3 | 201.33 |
| 2022 | 292.50 | Analyst x2 | 198.76 |
| 2023 | 299.50 | Analyst x2 | 184.78 |
| 2024 | 306.91 | Est @ 2.48% | 171.92 |
| 2025 | 314.75 | Est @ 2.55% | 160.07 |
| 2026 | 322.95 | Est @ 2.61% | 149.12 |
| 2027 | 331.48 | Est @ 2.64% | 138.97 |
| 2028 | 340.33 | Est @ 2.67% | 129.54 |
| Present value of next 10 years cash flows | $1,733.61 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $340.33 × (1 + 2.73%) ÷ (10.14% – 2.73%) |
$4,717.44 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $4,717.44 ÷ (1 + 10.14%)10 |
$1,795.60 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $1,733.61 + $1,795.60 |
$3,529.21 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $3,529.21 / 44.86 |
$78.68 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $78.68 |
| Current discount | Discount to share price of
$51.80
= -1 x ($51.80 - $78.68) / $78.68 |
34.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- WESCO International's share price is below the future cash flow value, and at a moderate discount (> 20%).
- WESCO International's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for WESCO International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
WESCO International's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $4.87 |
| NYSE:WCC Share Price ** | NYSE (2019-05-15) in USD | $51.8 |
| United States of America Trade Distributors Industry PE Ratio | Median Figure of 41 Publicly-Listed Trade Distributors Companies | 15.52x |
| United States of America Market PE Ratio | Median Figure of 3,087 Publicly-Listed Companies | 17.79x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of WESCO International.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:WCC Share Price ÷ EPS (both in USD) = 51.8 ÷ 4.87 |
10.63x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- WESCO International is good value based on earnings compared to the US Trade Distributors industry average.
- WESCO International is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
WESCO International's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 10.63x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts |
8.9%per year |
| United States of America Trade Distributors Industry PEG Ratio | Median Figure of 33 Publicly-Listed Trade Distributors Companies | 1.19x |
| United States of America Market PEG Ratio | Median Figure of 2,113 Publicly-Listed Companies | 1.52x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 10.63x ÷ 8.9% |
1.19x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- WESCO International is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
WESCO International's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $49.10 |
| NYSE:WCC Share Price * | NYSE (2019-05-15) in USD | $51.8 |
| United States of America Trade Distributors Industry PB Ratio | Median Figure of 53 Publicly-Listed Trade Distributors Companies | 1.67x |
| United States of America Market PB Ratio | Median Figure of 5,195 Publicly-Listed Companies | 1.83x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:WCC Share Price ÷ Book Value per Share (both in USD) = 51.8 ÷ 49.10 |
1.05x |
* Primary Listing of WESCO International.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- WESCO International is good value based on assets compared to the US Trade Distributors industry average.
Value checks
We assess WESCO International's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check) WESCO International has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- WESCO International's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- WESCO International's earnings growth is positive but not above the United States of America market average.
- WESCO International's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:WCC Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts | 8.9% |
| NYSE:WCC Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts | 3.5% |
| United States of America Trade Distributors Industry Earnings Growth Rate | Market Cap Weighted Average | 15.5% |
| United States of America Trade Distributors Industry Revenue Growth Rate | Market Cap Weighted Average | 5.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 9,751 | 330 | 347 | 2 |
| 2022-12-31 | 9,446 | 323 | 324 | 2 |
| 2021-12-31 | 9,003 | 298 | 283 | 4 |
| 2020-12-31 | 8,784 | 275 | 264 | 17 |
| 2019-12-31 | 8,487 | 262 | 244 | 17 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 8,144 | 273 | 225 |
| 2018-12-31 | 8,177 | 297 | 227 |
| 2018-09-30 | 8,162 | 242 | 192 |
| 2018-06-30 | 8,095 | 169 | 179 |
| 2018-03-31 | 7,900 | 154 | 170 |
| 2017-12-31 | 7,679 | 149 | 163 |
| 2017-09-30 | 7,476 | 164 | 188 |
| 2017-06-30 | 7,331 | 228 | 103 |
| 2017-03-31 | 7,333 | 269 | 103 |
| 2016-12-31 | 7,336 | 300 | 102 |
| 2016-09-30 | 7,404 | 324 | 103 |
| 2016-06-30 | 7,473 | 289 | 198 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
All data from WESCO International Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 7.72 | 7.90 | 7.54 | 2.00 |
| 2022-12-31 | 7.17 | 7.30 | 7.04 | 2.00 |
| 2021-12-31 | 6.24 | 6.70 | 5.52 | 3.00 |
| 2020-12-31 | 5.96 | 6.30 | 5.40 | 13.00 |
| 2019-12-31 | 5.42 | 5.55 | 5.29 | 13.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 4.87 |
| 2018-12-31 | 4.87 |
| 2018-09-30 | 4.08 |
| 2018-06-30 | 3.79 |
| 2018-03-31 | 3.59 |
| 2017-12-31 | 3.42 |
| 2017-09-30 | 3.90 |
| 2017-06-30 | 2.18 |
| 2017-03-31 | 2.26 |
| 2016-12-31 | 2.30 |
| 2016-09-30 | 2.42 |
| 2016-06-30 | 4.66 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess WESCO International's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
WESCO International has a total score of 1/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has WESCO International performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- WESCO International's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- WESCO International's 1-year earnings growth exceeds its 5-year average (32.4% vs -9.1%)
- WESCO International's earnings growth has exceeded the US Trade Distributors industry average in the past year (32.4% vs -5.7%).
Earnings and Revenue History
All data from WESCO International Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 8,143.95 | 225.29 | 1,155.90 | |
| 2018-12-31 | 8,176.60 | 227.34 | 1,150.07 | |
| 2018-09-30 | 8,161.80 | 191.75 | 1,152.36 | |
| 2018-06-30 | 8,094.72 | 178.58 | 1,147.88 | |
| 2018-03-31 | 7,900.35 | 170.15 | 1,122.22 | |
| 2017-12-31 | 7,679.02 | 163.46 | 1,099.80 | |
| 2017-09-30 | 7,475.64 | 188.26 | 1,064.21 | |
| 2017-06-30 | 7,330.69 | 102.97 | 1,040.63 | |
| 2017-03-31 | 7,332.65 | 103.26 | 1,047.92 | |
| 2016-12-31 | 7,336.02 | 101.59 | 1,049.30 | |
| 2016-09-30 | 7,404.30 | 102.66 | 1,056.33 | |
| 2016-06-30 | 7,472.98 | 197.77 | 1,058.93 | |
| 2016-03-31 | 7,478.12 | 199.71 | 1,059.65 | |
| 2015-12-31 | 7,518.49 | 210.69 | 1,054.95 | |
| 2015-09-30 | 7,652.43 | 236.66 | 1,058.92 | |
| 2015-06-30 | 7,806.68 | 253.97 | 1,072.46 | |
| 2015-03-31 | 7,895.13 | 271.03 | 1,075.93 | |
| 2014-12-31 | 7,889.63 | 275.91 | 1,076.81 | |
| 2014-09-30 | 7,774.21 | 259.52 | 1,064.52 | |
| 2014-06-30 | 7,627.32 | 247.86 | 1,048.02 | |
| 2014-03-31 | 7,516.11 | 244.35 | 1,034.82 | |
| 2013-12-31 | 7,513.34 | 276.43 | 1,032.91 | |
| 2013-09-30 | 7,277.63 | 244.95 | 1,020.05 | |
| 2013-06-30 | 7,002.56 | 239.20 | 990.66 | |
| 2013-03-31 | 6,781.34 | 232.79 | 956.33 | |
| 2012-12-31 | 6,579.30 | 201.78 | 924.91 | |
| 2012-09-30 | 6,524.46 | 230.12 | 912.94 | |
| 2012-06-30 | 6,448.65 | 220.59 | 903.33 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- WESCO International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- WESCO International used its assets more efficiently than the US Trade Distributors industry average last year based on Return on Assets.
- WESCO International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess WESCO International's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
WESCO International has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is WESCO International's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up WESCO International's finances.
The net worth of a company is the difference between its assets and liabilities.
- WESCO International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- WESCO International's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from WESCO International Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 2,196.36 | 1,443.81 | 106.10 |
| 2018-12-31 | 2,129.73 | 1,241.34 | 96.34 |
| 2018-09-30 | 2,231.84 | 1,291.88 | 142.76 |
| 2018-06-30 | 2,165.76 | 1,326.72 | 110.94 |
| 2018-03-31 | 2,132.91 | 1,362.07 | 123.90 |
| 2017-12-31 | 2,116.14 | 1,386.20 | 117.95 |
| 2017-09-30 | 2,107.23 | 1,435.38 | 94.08 |
| 2017-06-30 | 2,095.11 | 1,389.27 | 87.80 |
| 2017-03-31 | 2,057.48 | 1,372.54 | 103.00 |
| 2016-12-31 | 1,963.63 | 1,414.66 | 110.13 |
| 2016-09-30 | 1,992.63 | 1,491.30 | 112.84 |
| 2016-06-30 | 1,942.57 | 1,446.06 | 160.29 |
| 2016-03-31 | 1,893.48 | 1,486.85 | 147.83 |
| 2015-12-31 | 1,773.87 | 1,517.57 | 160.28 |
| 2015-09-30 | 1,759.85 | 1,501.27 | 132.85 |
| 2015-06-30 | 1,865.94 | 1,485.96 | 174.31 |
| 2015-03-31 | 1,837.32 | 1,388.78 | 154.35 |
| 2014-12-31 | 1,928.17 | 1,451.61 | 128.32 |
| 2014-09-30 | 1,908.65 | 1,517.17 | 110.37 |
| 2014-06-30 | 1,889.50 | 1,568.38 | 101.64 |
| 2014-03-31 | 1,773.56 | 1,502.77 | 96.36 |
| 2013-12-31 | 1,764.79 | 1,525.41 | 123.73 |
| 2013-09-30 | 1,738.33 | 1,577.47 | 98.58 |
| 2013-06-30 | 1,642.65 | 1,615.89 | 104.51 |
| 2013-03-31 | 1,617.37 | 1,674.90 | 116.79 |
| 2012-12-31 | 1,553.69 | 1,774.81 | 86.10 |
| 2012-09-30 | 1,544.53 | 779.42 | 107.64 |
| 2012-06-30 | 1,468.47 | 628.06 | 72.20 |
- WESCO International's level of debt (65.7%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (84.7% vs 65.7% today).
- Debt is not well covered by operating cash flow (18.9%, less than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).
Financial health checks
We assess WESCO International's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) WESCO International has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is WESCO International's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
WESCO International
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate WESCO International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate WESCO International's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
| United States of America Trade Distributors Industry Average Dividend Yield | Market Cap Weighted Average of 15 Stocks | 2.9% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 1997 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.00 | 1.00 |
| 2020-12-31 | 0.00 | 1.00 |
| 2019-12-31 | 0.00 | 1.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as WESCO International has not reported any payouts.
- Unable to verify if WESCO International's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess WESCO International's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can WESCO International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) WESCO International has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | $7,431,924 |
| AGE | 56 |
| TENURE AS CEO | 9.7 years |
CEO Bio
Mr. John J. Engel has been the Chief Executive Officer and President of WESCO International Inc. since September 1, 2009 and its Chairman of WESCO International Inc. since May 25, 2011. Mr. Engel served as Senior Vice President and Chief Operating Officer of WESCO Distribution Inc. and its subsidiary, WESCO International, Inc. from July 2004 to September 1, 2009. Mr. Engel was responsible for branch-based distribution operations and related headquarters and field support functions at WESCO. He serves as Chief Executive Officer of PerkinElmer Fluid Sciences. He served as a Senior Vice President and General Manager of Gateway, Inc., from 2003 to 2004. He served as an Executive Vice President and Senior Vice President of PerkinElmer, Inc. from 1999 to 2002. He served as President Life Sciences SBU of PerkinElmer. His work experience includes significant Operations, Marketing and General Management roles with General Electric, Allied Signal/Honeywell, PerkinElmer and Gateway. He served as Vice President and General Manager of Allied Signal from 1994 to 1999 and served various management positions in General Electric from 1985 to 1994. He has been Director of WESCO International, Inc. since November 3, 2008. He has been a Director of United States Steel Corporation since April 2011. He is a member of the Business Roundtable and the Business Council, and is a member of the Board of Directors of the National Association of Manufacturers. Mr. Engel graduated from Villanova University in 1984 with a BS degree in Mechanical Engineering. He has an MBA from the University of Rochester in 1991.
CEO Compensation
- John's compensation has been consistent with company performance over the past year.
- John's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the WESCO International management team in years:
- The tenure for the WESCO International management team is about average.
Management Team
John Engel
Chairman
$7M
56
9.7 yrs
Dave Schulz
Senior VP & CFO
$3M
52
2.6 yrs
Robert Minicozzi
VP & Chief Information Officer
$987K
56
3.3 yrs
Diane Lazzaris
Senior VP & General Counsel
$2M
51
5.3 yrs
Christine Wolf
Senior VP & Chief Human Resources Officer
$997K
57
0.9 yrs
Will Ruthrauff
Director of Investor Relations
Brian Begg
VP & Treasurer
10.6 yrs
Board of Directors Tenure
Average tenure and age of the WESCO International board of directors in years:
- The tenure for the WESCO International board of directors is about average.
Board of Directors
Jamie Singleton
Lead Director
$249K
62
John Engel
Chairman
$7M
56
8 yrs
Sandy Lin
Independent Director
$234K
60
16.4 yrs
Steve Raymund
Independent Director
$244K
63
13.3 yrs
John Morgan
Independent Director
$239K
64
11.2 yrs
Lynn Utter
Independent Director
$229K
55
13.3 yrs
Bobby Griffin
Independent Director
$224K
69
5 yrs
Matt Espe
Independent Director
$229K
59
2.5 yrs
Eash Sundaram
Director
$102K
47
0.8 yrs
Who owns this company?
Recent Insider Trading
- WESCO International insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 27. Mar 19 | Buy | Blue Harbour Group, L.P. | Company | 22. Mar 19 | 26. Mar 19 | 305,600 | $51.49 | $15,678,829 | ||
| 15. Mar 19 | Buy | Christine Wolf | Individual | 14. Mar 19 | 14. Mar 19 | 1,874 | $53.35 | $99,987 | ||
| 07. Mar 19 | Sell | James Singleton | Individual | 06. Mar 19 | 06. Mar 19 | -3,000 | $53.46 | $-160,383 | ||
| 15. Aug 18 | Buy | Christine Wolf | Individual | 14. Aug 18 | 14. Aug 18 | 1,690 | $59.20 | $100,048 | ||
| 02. Jul 18 | Buy | Blue Harbour Group, L.P. | Company | 03. May 18 | 02. Jul 18 | 1,278,947 | $59.90 | $76,608,925 | ||
| 14. Jun 18 | Sell | Lynn Utter | Individual | 13. Jun 18 | 13. Jun 18 | -1,327 | $61.71 | $-81,889 | ||
Management checks
We assess WESCO International's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) WESCO International has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Should You Worry About WESCO International, Inc.'s (NYSE:WCC) CEO Pay Cheque?
First, this article will compare CEO compensation with compensation at similar sized companies. … View our latest analysis for WESCO International How Does John Engel's Compensation Compare With Similar Sized Companies? … Thus we can conclude that John Engel receives more in total compensation than the median of a group of companies in the same market, and of similar size to WESCO International, Inc..
Simply Wall St - – Full articleA Note On WESCO International, Inc.'s (NYSE:WCC) ROE and Debt To Equity
Our data shows WESCO International has a return on equity of 11% for the last year. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.11 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleIs There An Opportunity With WESCO International, Inc.'s (NYSE:WCC) 32% Undervaluation?
by taking the expected future cash flows and discounting them to today's value. … We generally believe that a company's value is the present value of all of the cash it will generate in the future. … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model.
Simply Wall St - – Full articleWhat Investors Should Know About WESCO International, Inc.'s (NYSE:WCC) Financial Strength
While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Understanding the company's financial health becomes. … We'll look at some basic checks that can form a snapshot the company’s financial strength.
Simply Wall St - – Full articleWhy WESCO International, Inc. (NYSE:WCC) Could Be Your Next Investment
Today I've chosen to put the spotlight on WESCO International, Inc. … is a company that has been able to sustain great financial health, trading at an attractive share price. … report on WESCO International here
Simply Wall St - – Full articleWhat Are Analysts Saying About WESCO International, Inc.'s (NYSE:WCC) Earnings Trajectory?
The most recent earnings release WESCO International, Inc.'s (NYSE:WCC) announced in December 2018a
Simply Wall St - – Full articleIs It Too Late To Consider Buying WESCO International, Inc. (NYSE:WCC)?
(NYSE:WCC), which is in the trade distributors business, and is based in United States,. … As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Let’s take a look at WESCO International’s outlook and value based on the most recent financial data to see if the opportunity still exists
Simply Wall St - – Full articleShould You Be Worried About Insider Transactions At WESCO International, Inc. (NYSE:WCC)?
So shareholders might well want to know whether insiders have been buying or selling shares in WESCO International, Inc. … WESCO International Insider Transactions Over The Last Year. … Over the last year we saw more insider selling of WESCO International shares, than buying
Simply Wall St - – Full articleIf You Had Bought WESCO International Stock Five Years Ago, You'd Be Sitting On A 38% Loss, Today
By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Looking back five years, both WESCO International's share price and EPS declined; the latter at a rate of 4.9% per year. … Readers should note that the share price has fallen faster than the EPS, at a rate of 9.1% per year, over the period.
Simply Wall St - – Full articleHow Financially Strong Is WESCO International, Inc. (NYSE:WCC)?
Stocks with market capitalization between $2B and $10B, such as WESCO International, Inc. … Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis. … See our latest analysis for WESCO International
Simply Wall St - – Full articleCompany Info
Description
WESCO International, Inc. distributes electrical, industrial, and communications maintenance, repair and operating (MRO) and original equipment manufacturers products and construction materials in North America and internationally. The company sells general supplies, such as wiring devices, fuses, terminals, connectors, boxes, enclosures, fittings, lugs, terminations, wraps, splicing and marking equipment, tools and testers, safety, personal protection, sealants, cutting tools, adhesives, consumables, fasteners, janitorial, and other MRO supplies. It also distributes wires, cables, raceways, and metallic and non-metallic conduits; and communications and security products, including structured cabling systems, broadband products, low voltage specialty systems, specialty wire and cable products, equipment racks and cabinets, access controls, alarms, cameras, and paging and voice solutions. In addition, the company sells electrical distribution and controls comprising circuit breakers, transformers, switchboards, panel boards, metering products, and busway products; lamps, fixtures, ballasts, and lighting control products; and motor control devices, drives, relays, timers, pushbuttons, operator interfaces, switches, sensors, interconnects, and surge and power protection products. Further, it provides supply chain management and logistics services; and value-added services in the areas of construction, e-commerce, energy and sustainability, engineering, production support, safety and security, supply chain optimization, training, and working capital. The company serves industrial firms, electrical and data communications contractors, utilities, commercial organizations, institutions, and governmental entities. WESCO International, Inc. was founded in 1922 and is headquartered in Pittsburgh, Pennsylvania.
Details
| Name: | WESCO International, Inc. |
| WCC | |
| Exchange: | NYSE |
| Founded: | 1922 |
| $2,323,581,411 | |
| 44,856,784 | |
| Website: | http://www.wesco.com |
| Address: |
WESCO International, Inc. 225 West Station Square Drive, Suite 700, Pittsburgh, Pennsylvania, 15219, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | WCC | Common Stock | New York Stock Exchange | US | USD | 12. May 1999 | |
| DB | WP7 | Common Stock | Deutsche Boerse AG | DE | EUR | 12. May 1999 |
Number of employees
Current staff
Industry
| Trading Companies and Distributors | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/16 01:34 |
| End of day share price update: | 2019/05/15 00:00 |
| Last estimates confirmation: | 2019/05/15 |
| Last earnings filing: | 2019/05/03 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
