Latest Ratios: P/E Ratio 18.3x · EV/EBITDA 12.0x · ROE 12.8%. (1998–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14.3B | $12.1B | $9.2B | $9.1B | $6.6B | $6.8B | $3.7B | $2.6B | $2.3B | $3.3B | $3.2B |
| Enterprise Value | $20.2B | $18.0B | $14.1B | $14.5B | $12.0B | $11.8B | $8.5B | $3.9B | $3.4B | $4.6B | $4.5B |
| P/E Ratio → | 18.25 | 18.75 | 13.87 | 12.84 | 8.17 | 16.78 | 51.99 | 11.55 | 9.96 | 20.16 | 31.84 |
| P/S Ratio | 0.55 | 0.52 | 0.42 | 0.41 | 0.31 | 0.38 | 0.30 | 0.31 | 0.28 | 0.43 | 0.44 |
| P/B Ratio | 2.88 | 2.41 | 1.84 | 1.81 | 1.47 | 1.81 | 1.10 | 1.14 | 1.06 | 1.56 | 1.65 |
| P/FCF | 34.28 | 480.54 | 9.10 | 22.68 | — | 552.50 | 7.51 | 14.32 | 8.70 | 25.85 | 11.46 |
| P/OCF | 114.04 | 96.88 | 8.32 | 18.44 | 594.30 | 101.98 | 6.73 | 11.51 | 7.64 | 22.12 | 10.78 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.77 | 0.65 | 0.65 | 0.56 | 0.65 | 0.69 | 0.47 | 0.42 | 0.59 | 0.62 |
| EV / EBITDA | 11.96 | 12.35 | 10.05 | 9.15 | 7.40 | 11.75 | 18.19 | 9.54 | 8.21 | 11.92 | 11.42 |
| EV / EBIT | 16.37 | 14.52 | 10.74 | 10.52 | 8.36 | 13.83 | 24.56 | 11.25 | 9.68 | 14.31 | 13.73 |
| EV / FCF | — | 715.81 | 14.04 | 36.25 | — | 948.95 | 17.49 | 21.60 | 13.09 | 35.79 | 16.09 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 21.1% | 21.1% | 21.6% | 21.6% | 21.8% | 20.8% | 18.9% | 18.9% | 19.2% | 19.3% | 19.7% |
| Operating Margin | 5.2% | 5.2% | 5.6% | 6.3% | 6.7% | 4.4% | 2.8% | 4.1% | 4.3% | 4.2% | 4.5% |
| Net Profit Margin | 2.7% | 2.7% | 3.3% | 3.4% | 4.0% | 2.6% | 0.8% | 2.7% | 2.8% | 2.1% | 1.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.8% | 12.8% | 14.4% | 16.1% | 20.9% | 13.1% | 3.6% | 10.2% | 10.7% | 8.0% | 5.4% |
| ROA | 4.1% | 4.1% | 4.8% | 5.1% | 6.3% | 3.8% | 1.2% | 4.6% | 4.9% | 3.5% | 2.2% |
| ROIC | 8.9% | 8.9% | 9.0% | 10.4% | 11.6% | 7.1% | 4.4% | 7.6% | 7.9% | 7.2% | 7.7% |
| ROCE | 10.5% | 10.5% | 10.7% | 12.4% | 14.0% | 8.7% | 5.4% | 9.3% | 9.7% | 8.7% | 9.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.30 | 1.30 | 1.14 | 1.19 | 1.33 | 1.36 | 1.59 | 0.65 | 0.58 | 0.66 | 0.72 |
| Debt / EBITDA | 4.47 | 4.47 | 4.04 | 3.76 | 3.67 | 5.12 | 11.34 | 3.58 | 2.99 | 3.62 | 3.56 |
| Net Debt / Equity | — | 1.18 | 1.00 | 1.08 | 1.21 | 1.30 | 1.46 | 0.58 | 0.54 | 0.60 | 0.66 |
| Net Debt / EBITDA | 4.06 | 4.06 | 3.54 | 3.43 | 3.34 | 4.91 | 10.38 | 3.21 | 2.76 | 3.31 | 3.28 |
| Debt / FCF | — | 235.27 | 4.95 | 13.57 | — | 396.44 | 9.98 | 7.28 | 4.40 | 9.94 | 4.62 |
| Interest Coverage | 3.21 | 3.21 | 3.61 | 3.55 | 4.86 | 3.17 | 1.53 | 5.27 | 5.13 | — | 4.32 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.20 | 2.20 | 2.20 | 2.48 | 2.18 | 2.08 | 1.84 | 2.34 | 2.25 | 2.31 | 2.49 |
| Quick Ratio | 1.27 | 1.27 | 1.27 | 1.42 | 1.27 | 1.21 | 1.12 | 1.41 | 1.35 | 1.40 | 1.55 |
| Cash Ratio | 0.14 | 0.14 | 0.18 | 0.15 | 0.14 | 0.07 | 0.15 | 0.14 | 0.09 | 0.11 | 0.13 |
| Asset Turnover | — | 1.43 | 1.45 | 1.49 | 1.45 | 1.44 | 1.04 | 1.67 | 1.78 | 1.62 | 1.63 |
| Inventory Turnover | 4.62 | 4.62 | 4.89 | 4.91 | 4.79 | 5.41 | 4.62 | 6.70 | 6.97 | 6.48 | 7.17 |
| Days Sales Outstanding | — | 71.29 | 64.75 | 66.36 | 69.84 | 66.79 | 80.13 | 51.85 | 52.08 | 55.62 | 51.47 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.6% | 0.7% | 0.9% | 0.8% | 0.9% | 0.8% | 0.8% | — | — | — | — |
| Payout Ratio | 13.8% | 13.8% | 11.4% | 10.0% | 6.7% | 12.3% | 30.0% | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.5% | 5.3% | 7.2% | 7.8% | 12.2% | 6.0% | 1.9% | 8.7% | 10.0% | 5.0% | 3.1% |
| FCF Yield | 2.9% | 0.2% | 11.0% | 4.4% | — | 0.2% | 13.3% | 7.0% | 11.5% | 3.9% | 8.7% |
| Buyback Yield | 4.3% | 5.1% | 4.6% | 0.8% | 0.2% | 0.4% | 0.1% | 5.9% | 5.6% | 3.2% | 0.1% |
| Total Shareholder Yield | 4.9% | 5.8% | 5.5% | 1.7% | 1.0% | 1.2% | 0.9% | 5.9% | 5.6% | 3.2% | 0.1% |
| Shares Outstanding | — | $50M | $51M | $52M | $52M | $52M | $47M | $43M | $47M | $48M | $49M |
Includes 30+ ratios · 28 years · Updated daily
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Quick answers to the most common questions about buying WCC stock.
WESCO International, Inc.'s current P/E ratio is 18.3x. The historical average is 15.9x. This places it at the 74th percentile of its historical range.
WESCO International, Inc.'s current EV/EBITDA is 12.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.5x.
WESCO International, Inc.'s return on equity (ROE) is 12.8%. The historical average is 16.9%.
Based on historical data, WESCO International, Inc. is trading at a P/E of 18.3x. This is at the 74th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
WESCO International, Inc.'s current dividend yield is 0.61% with a payout ratio of 13.8%.
WESCO International, Inc. has 21.1% gross margin and 5.2% operating margin.
WESCO International, Inc.'s Debt/EBITDA ratio is 4.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.
Key Metrics
Top Statement Risk
Thin margins and working capital swings
Metrics are mathematically derived from official filings.
Discount Multiples Imply Limited Growth Premium
Based on reported figures, WCC trades at 21.95x trailing and 16.05x forward earnings, a discount to GWW's 41.00x and FAST's 48.53x, suggesting the market prices WCC as a cyclical distributor rather than a compounder.
The forward P/E compression from 21.95x to 16.05x implies consensus expects earnings to rise meaningfully over the next year, which warrants scrutiny given the volatile quarterly margin history. A PEG of 0.41 looks attractive on its face, but it rests on growth estimates that the ten-quarter trajectory does not yet confirm. Investors should monitor whether the earnings recovery holds before treating the valuation discount as mispricing.
Net Margin Lags Peers Despite Revenue Recovery
As reported in quarterly income statements, WCC's net margin of 3.7% in 2026Q3 and operating margin of 6.2% trail GWW's 9.5% net margin, indicating structurally thinner unit economics than the premium distributor peer.
Operating margin has moved within a 4.5% to 6.2% band across the period, suggesting SG&A absorption remains the main constraint on converting gross profit into earnings. The gap to GWW and FAST appears structural, reflecting a broader distribution mix rather than a temporary cyclical dip. Net margin is the more reliable earning power indicator here given the volatile gross margin readings in certain quarters.
ROIC Recovering From Trough but Below Peers
Based on WCC's reported figures, ROIC improved from 1.8% in 2025Q1 to 4.3% in 2026Q3, yet remains well below GWW's 32.1% and FAST's 31.2%, indicating the company's capital base generates far lower returns.
The rebound in ROIC appears driven primarily by revenue recovery rather than margin expansion, which suggests the improvement may be sensitive to demand conditions. Goodwill-heavy asset composition likely dilutes returns on invested capital relative to peers with leaner asset bases. Compounding is not yet evident, so the return trajectory warrants continued monitoring over additional quarters.
Coverage Strong Despite Erratic Reported Leverage
As reported in quarterly balance sheets, WCC's interest coverage improved to 4.80x in 2026Q3 from 2.79x in 2025Q1, while debt-to-equity swung between 0.00 and 1.49, suggesting leverage metrics depend heavily on quarter-end timing.
Interest coverage recovery points to improving debt service capacity, though the erratic debt-to-equity series limits confidence in any single reading. Debt-to-EBITDA values near zero in some quarters appear to reflect data gaps rather than genuine deleveraging, and should be treated cautiously. Investors should monitor refinancing exposure and the sustainability of coverage given acquisition-driven spending.
Peer Multiples Mask Distribution Model Differences
Based on reported peer data, WCC's 0.59x price-to-sales and 2.82x price-to-book are often compared against GWW and FAST, yet their higher return profiles suggest the discount may reflect structural rather than mispriced economics.
Price-to-sales is frequently misapplied to distributors because gross margin differences dominate its meaning, and WCC's 20 to 22 percent gross margin band sits far from the economics that justify peer premiums. Enterprise value to EBITDA better captures leverage and acquisition-related goodwill, though the reported EBITDA series itself appears to contain irregular quarters. Investors should weigh return on invested capital and free cash flow conversion alongside multiples before concluding the stock is undervalued.