WESCO INTERNATIONAL INC

WCC 10-K · FY 2025

WCC FY 2025 request

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Income Statement

Income Statement
Metric FY 2025 FY 2024 YoY
Revenue 23,510.9 21,818.8 +7.8%
Show Business Segments breakouts
CSS 9,101 7,692.1 +18.3%
EES 8,955.5 8,391.7 +6.7%
UBS 5,454.4 5,735 -4.9%
Show Geography breakouts
CA 3,185.2 2,940.1 +8.3%
Other International 2,934.8 2,688.9 +9.1%
US 17,390.9 16,189.8 +7.4%
Cost of Revenue 18,538.9 17,106.2 +8.4%
Selling, General & Administrative 3,541.4 3,306.2 +7.1%
Show Product Lines breakouts
Shipping And Handling 335.4 303.3 +10.6%
Show Business Segments breakouts
Corporate 638 561.5 +13.6%
Depreciation And Amortization 197.6 183.2 +7.9%
Show Business Segments breakouts
Corporate 36.8 36.4 +1.1%
CSS 77.7 71.9 +8.1%
EES 50.5 46.4 +8.8%
UBS 32.6 28.5 +14.4%
Show Consolidation Items breakouts
Operating Segments 160.8 146.8 +9.5%
Operating Income 1,233 1,223.2 +0.8%
Interest Income Expense Nonoperating Net 386.7 364.9 +6.0%
Show Business Segments breakouts
Corporate -386.7 -364.9 -6.0%
Other Non-Operating Income (Expense) -9.6 -92.7 +89.6%
Show Business Segments breakouts
Corporate -87.4 -41.8 -109.1%
CSS 64.4 61.2 +5.2%
EES 16 9.1 +75.8%
UBS -2.6 -121.2 +97.9%
Show Consolidation Items breakouts
Operating Segments 77.8 -50.9 +252.8%
Income Before Taxes 855.9 951 -10.0%
Income Tax Expense (Benefit) 213.4 231.6 -7.9%
Net Income 642.5 719.4 -10.7%
Net Income Loss Attributable To Noncontrolling Interest 2.3 1.8 +27.8%
Show Equity Components breakouts
Noncontrolling Interest 2.3 1.8 +27.8%
Net Income 640.2 717.6 -10.8%
Show Equity Components breakouts
Retained Earnings 640.2 717.6 -10.8%
Preferred Stock Dividends Income Statement Impact 27.3 57.4 -52.4%
Net Income Loss Available To Common Stockholders Basic 645.8 660.2 -2.2%
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent 148.5 -228.7 +164.9%
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax -0.8 13.5 -105.9%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -0.8 13.5 -105.9%
Comprehensive Income 793.5 445 +78.3%
EPS (Basic) 13.26 13.26 0.0%
EPS (Diluted) 13.05 13.05 0.0%
Other Comprehensive Income 147.7 -215.2 +168.6%
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest 790.2 504.2 +56.7%
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest 2.3 1.8 +27.8%
Preferred Stock Redemption Discount 32.9
Wtd Avg Shares (Basic) 48.7 49.8 -2.2%
Wtd Avg Shares (Diluted) 49.5 50.6 -2.2%

Balance Sheet

Balance Sheet
Metric FY 2025 FY 2024 YoY
Current Assets
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 604.8 702.6 -13.9%
Accounts Receivable 4,069.6 3,454.4 +17.8%
Other Receivables Net Current 522.4 416.3 +25.5%
Inventory 4,008.8 3,501.7 +14.5%
Prepaid Expenses & Other Current Assets 250.6 276.4 -9.3%
Total Current Assets 9,456.2 8,351.4 +13.2%
Non-Current Assets
Property, Plant & Equipment 466.8 442.9 +5.4%
Show Property Plant And Equipment By Type breakouts
Depreciable [Member] 435 413.7 +5.1%
Land Buildings And Improvements 189.7
Operating Lease Right-of-Use Assets 888.3 735.1 +20.8%
Goodwill 3,343.4 3,280.1 +1.9%
Show Business Segments breakouts
CSS 1,354.1 1,347 +0.5%
EES 843.8 799.3 +5.6%
UBS 1,145.5 1,133.8 +1.0%
Deferred Tax Assets 45.7 41.9 +9.1%
Other Non-Current Assets 525.3 374.1 +40.4%
Total Assets 16,494.9 15,061.4 +9.5%
Show Business Segments breakouts
Corporate 1,008.5 1,097.4 -8.1%
CSS 6,827 6,034.7 +13.1%
EES 4,860.8 4,431.8 +9.7%
UBS 3,798.6 3,497.5 +8.6%
Show Consolidation Items breakouts
Operating Segments 15,486.4 13,964 +10.9%
Intangible Assets (Q)
Show Finite Lived Intangible Assets By Major Class breakouts
Computer Software Intangible Asset 12.6 14.9 -15.4%
Customer Relationships 953.4 1,026 -7.1%
Distribution Rights 9.4 1.5 +526.7%
Technology Based Intangible Assets 0.7
Trademarks 1.5 3.8 -60.5%
Other Assets
Intangible Assets Net Excluding Goodwill 1,769.2 1,835.9 -3.6%
Current Liabilities
Accounts Payable 3,030.5 2,670.6 +13.5%
Employee Related Liabilities Current 283 242.3 +16.8%
Current Portion of Long-Term Debt 25 19.5 +28.2%
Other Liabilities Current 958.3 871.6 +9.9%
Total Current Liabilities 4,296.8 3,804 +13.0%
Non-Current Liabilities
Long-Term Debt 5,756.4 5,045.5 +14.1%
Operating Lease Liabilities 752.2 614.8 +22.3%
Deferred Tax Liabilities 427.2 415.6 +2.8%
Other Non-Current Liabilities 235.9 216 +9.2%
Total Liabilities 11,468.5 10,095.9 +13.6%
Long-Term Debt (Q)
Show Long-Term Debt Type breakouts
6.375% Senior Notes due 2029 900 900 0.0%
6.375% Senior Notes due 2032 800
6.625% Senior Notes due 2032 850 850 0.0%
A7250 Senior Notes Due 2028 1,321.9 1,320.6 +0.1%
Accounts Receivable Securitization Facility [Member] 1,300 1,450 -10.3%
Foreign Line Of Credit 5.6 0.6 +833.3%
Revolving Credit Facility 581.5 525 +10.8%
Senior Notes 3,871.9 3,074.9 +25.9%
Stockholders' Equity
Common Stock (Q)
Show Statement Class Of Stock breakouts
Common Stock 0.7 0.7 0.0%
Additional Paid In Capital Common Stock 1,507.3 2,051.6 -26.5%
Retained Earnings 5,513.4 4,960.7 +11.1%
Treasury Stock Value -1,590.3 -1,495.1 -6.4%
Accumulated Other Comprehensive Income -399.5 -547.2 +27.0%
Total Stockholders' Equity 5,031.6 4,970.7 +1.2%
Minority Interest -5.2 -5.2 0.0%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 5,026.4 4,965.5 +1.2%
Show Equity Components breakouts
Accumulated Other Comprehensive Income -399.5 -547.2 +27.0%
Additional Paid In Capital 1,507.3 2,051.6 -26.5%
Common Stock 0.7 0.7 0.0%
Noncontrolling Interest -5.2 -5.2 0.0%
Retained Earnings 5,513.4 4,960.7 +11.1%
Treasury Stock Common -1,590.3 -1,495.1 -6.4%
Total Liabilities & Equity 16,494.9 15,061.4 +9.5%

Cash Flow Statement

Cash Flow Statement
Metric FY 2025 FY 2024 YoY
Operating Activities
Stock-Based Compensation 40.5 28.9 +40.1%
Show Consolidation Items breakouts
Operating Segments 11.2 14.1 -20.6%
Hosting Arrangement Service Contract Implementation Cost Expense Amortization 30.2 14.1 +114.2%
Amortization Of Financing Costs And Discounts 13.1 15.6 -16.0%
Other Operating Activities Cash Flow Statement 10.4 8.1 +28.4%
Deferred Income Taxes 7.4 -39.9 +118.5%
Change in Accounts Receivable -558 -50.7 -1000.6%
Increase Decrease In Accounts And Other Receivables -79.8 2 -4090.0%
Change in Inventory -446.1 -18 -2378.3%
Increase Decrease In Other Operating Assets -116.7 -142.6 +18.2%
Change in Accounts Payable -323.7 -329.5 +1.8%
Increase Decrease In Employee Related Liabilities 25.4 62.7 -59.5%
Increase Decrease In Other Operating Liabilities 34.8 93.3 -62.7%
Net Cash from Operations 125 1,101.2 -88.6%
Investing Activities
Payments To Acquire Productive Assets -99.8 -94.7 -5.4%
Payments To Acquire Businesses Net Of Cash Acquired -36.1 -221.3 +83.7%
Other Investing Activities -4.8 1.5 -420.0%
Net Cash from Investing -140.7 40.4 -448.3%
Financing Activities
Proceeds From Short Term Debt 23.4 4.3 +444.2%
Repayments Of Short Term Debt -22.3 -4.1 -443.9%
Debt Issuance Costs 14 26.6 -47.4%
Proceeds From Issuance Of Long Term Debt 6,928.7 6,775 +2.3%
Repayments Of Long Term Debt -6,224.3 -7,053.5 +11.8%
Tax Withholding for Share Compensation -37.2 -30.9 -20.4%
Share Repurchases -75 -425 +82.4%
Payments For Repurchase Of Preferred Stock And Preference Stock -540.3
Payments Of Dividends Common Stock -88.4 -81.5 -8.5%
Payments Of Dividends Preferred Stock And Preference Stock -27.3 -57.4 +52.4%
Proceeds From Payments For Other Financing Activities 16 28.6 -44.1%
Net Cash from Financing -92.7 -928.3 +90.0%
Debt Repayments (FY)
Show Long-Term Debt Type breakouts
Revolving Credit Facility 5,048.9 3,839 +31.5%
Supplemental
Interest Paid 357.4 331.2 +7.9%
Income Taxes Paid 237.8 253.3 -6.1%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 10.6 -34.8 +130.5%
Net Change in Cash -97.8 178.5 -154.8%

Values in millions USD. Source: SEC EDGAR 10-K filing.

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