OverviewSuggest Edit

WESCO International is a company that distributes electrical, industrial, and communication maintenance, repair, and operating (MRO) products, and original equipment manufacturers products and construction materials. The company offers general supplies, metallic and non-metallic conduits, and communications and security products, and paging and voice solutions. It also provides electrical distribution and controls, lamps and lighting control products, and motor control devices, drives, and surge and power protection products. In addition, the company 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.

TypePublic
Founded1922
HQPittsburgh, PA, US
Websitewesco.com
Employee Ratings3.2
Overall CultureD-

Latest Updates

Employees (est.) (Mar 2021)18,000
Job Openings357
Revenue (FY, 2020)$12.3 B(+48%)
Share Price (Sept 2021)$115.8(+4%)
Cybersecurity ratingBMore

Key People/Management at WESCO

John J. Engel

John J. Engel

Chairman, President & Chief Executive Officer
Robert Minicozzi

Robert Minicozzi

Vice President, Chief Information Officer
David S. Schulz

David S. Schulz

Executive Vice President & Chief Financial Officer
James Cameron

James Cameron

Executive Vice President & General Manager, Utility & Broadband Solutions
Hemant Porwal

Hemant Porwal

Executive Vice President, Supply Chain & Operations
John K. Morgan

John K. Morgan

Director
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WESCO Office Locations

WESCO has offices in Pittsburgh, Amarillo, Arlington, Bangor and in 81 other locations
Pittsburgh, PA, US (HQ)
225 W Station Square Dr #700
Amarillo, TX, US
513 N Nelson St
Arlington, TX, US
4030 Express St
Bangor, ME, US
80 Farm Rd
Bear Creek, AL, US
7643 State Highway 13
Berwyn, PA, US
1060 Swedesford Rd
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WESCO Financials and Metrics

WESCO Revenue

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WESCO's revenue was reported to be $12.33 b in FY, 2020 which is a 47.5% increase from the previous period.
USD

Revenue (Q1, 2021)

4.0b

Gross profit (Q1, 2021)

811.0m

Gross profit margin (Q1, 2021), %

20.1%

Net income (Q1, 2021)

59.2m

EBIT (Q1, 2021)

133.3m

Market capitalization (15-Sept-2021)

5.8b

Closing stock price (15-Sept-2021)

115.8

Cash (31-Mar-2021)

303.9m

EV

10.5b
WESCO's current market capitalization is $5.8 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

8.2b8.4b12.3b

Revenue growth, %

6%2%47%

Cost of goods sold

6.6b6.8b10.0b

Gross profit

1.6b1.6b2.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

2.0b2.2b2.1b2.0b2.1b4.1b4.0b

Cost of goods sold

1.6b1.7b1.7b1.6b1.7b3.4b3.2b

Gross profit

382.5m409.0m400.2m376.4m393.8m785.5m811.0m

Gross profit Margin, %

20%19%19%19%19%19%20%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

96.3m150.9m449.1m

Accounts Receivable

1.2b1.2b2.5b

Prepaid Expenses

52.1m76.1m187.9m

Inventories

948.7m1.0b2.2b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

15.2m87.2m138.2m342.6m265.2m352.2m303.9m

Accounts Receivable

1.3b1.4b1.3b1.2b2.5b2.5b2.6b

Prepaid Expenses

62.4m72.3m80.9m192.4m157.3m166.0m171.1m

Inventories

1.0b1.0b962.0m950.5m2.4b2.4b2.3b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

225.4m222.2m100.0m

Depreciation and Amortization

63.0m62.1m121.6m

Inventories

(8.7m)(47.3m)203.8m

Accounts Payable

(9.2m)23.5m54.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

42.0m105.2m169.5m34.2m(285.0k)79.8m59.2m

Depreciation and Amortization

15.2m30.4m46.0m16.1m34.8m80.3m41.2m

Inventories

(40.8m)(39.7m)(1.5m)37.8m55.4m77.7m(124.8m)

Accounts Payable

(68.1m)62.5m46.9m(10.9m)(83.1m)80.5m251.0m
USDFY, 2018

EV/EBIT

9.4 x

EV/CFO

11.2 x

Revenue/Employee

898.5k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2.2 x

P/E Ratio

10.0
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WESCO Operating Metrics

WESCO's Active Customers was reported to be 125 k in FY, 2020.
FY, 2018FY, 2019FY, 2020

Active Customers

70 k70 k125 k

Distribution Centers

1011

Products

1 m1 m1.5 m

Suppliers

30 k30 k30 k
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WESCO Acquisitions / Subsidiaries

Company NameDateDeal Size
Anixter InternationalJanuary 13, 2020$4.5 b
Atlanta Electrical DistributorsMarch 01, 2016
Needham Electric SupplyNovember 02, 2015
Hill Country Electric SupplyApril 27, 2015
Hi-Line Utility SupplyMay 21, 2014
HazmastersMarch 10, 2014
LaPrairieDecember 20, 2013
EECOL ElectricOctober 17, 2012
Conney Safety ProductsJune 18, 2012
Trydor IndustriesJune 07, 2012
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WESCO Revenue Breakdown

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WESCO revenue breakdown by business segment: 27.0% from Communications and Controls , 44.5% from Electrical Distribution and Controls and 28.6% from Utility

WESCO revenue breakdown by geographic segment: 10.7% from Other International , 73.9% from United States and 15.4% from Canada

WESCO Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

WESCO Online and Social Media Presence

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WESCO Company Culture

  • Overall Culture

    D-

    55/100

  • CEO Rating

    D-

    56/100

  • Compensation

    D

    50/100

  • Diversity

    F

    35/100

Learn more on Comparably

WESCO News and Updates

WESCO International, Inc. Reports Fourth Quarter and Full Year 2020 Results

WESCO International, Inc. (NYSE: WCC) announces its results for the fourth quarter and full year 2020.

Rexel Acquires a Canadian Utility Distribution Business From WESCO

REXEL ACQUIRES A CANADIAN UTILITY DISTRIBUTION BUSINESS FROM WESCO

Ozop Energy Solutions Executes Master Supply Agreement with WESCO

WARWICK, N.Y., Jan. 12, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions. (OZSC), (“Ozop” or the “Company”), is pleased to announce they have entered into a Master Supply Agreement with WESCO International, Inc. (NYSE: WCC).

WESCO International Recognized by Forbes as One of the World’s Best Employers & One of America’s Best Employers for Women

WESCO International, Inc. (NYSE: WCC) is pleased to announce it has been recognized by Forbes as one of the World’s Best Employers and one of America’s Best Employers for Women. In the 2020 ranking, WESCO was #312 out of 700 companies recognized as the World’s Best Employers and #42 out of 300 compa…

WESCO Announces Fourth Quarter & Full Year 2020 Earnings Call

WESCO International, Inc. (NYSE: WCC) will hold its fourth quarter and full year 2020 earnings conference call on Tuesday, February 9, at 10:00 a.m. EST. Dial-in details are below.

WESCO Declares Quarterly Dividend on Preferred Stock

The Board of Directors of WESCO International, Inc. (NYSE: WCC) today declared a cash dividend on the company’s 10.625% Series A Fixed-Rate Reset Cumulative Perpetual Preferred Stock for the period October 1, 2020 through December 31, 2020.
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WESCO Blogs

How Control Panel Safety Boosts Productivity

Automation and control systems are getting more complex. A good panel design takes technical complexity in stride. A great panel design also steps up the space optimization. But a best-in-class panel design accounts for how complex our interactions with control systems have become. Produ…

The Smart Building – Why Now?

As technology goes, we live in a world where smaller seems better. But imagine that your most valuable computing asset might also be your largest asset – the very building that houses your operations.

Uninterruptable Power Supply and Battery Technology: Change Is Now

When it comes to data communications, one of the most critical infrastructure elements is the uninterruptible power supply (UPS), especially when it comes to distributed IT, data centers, or network closets.

The Traditional Mindset of Cost Savings Is Dead | WESCO

Even today, 90 percent of procurement teams measure effectiveness by pure-play cost savings, which for a product or service is traditionally calculated as old price minus new price, multiplied by the volume.

Take a Smarter, Safer Approach to School Security

Year over year, school planning strategies emphasize safety and security. The primary goal when planning for a school district is to provide students and teachers with the ability to learn and share in a safe and secure environment.

The Role of a Relaunch Plan in Preparing to Return to Work

With the recent healthcare crisis, businesses around the world increased their work-from-home rate from 5 percent to 90 percent in just a few days. As offices slowly begin to re-open, employees will be making their way back into the office, but we will all be adjusting to a new normal. N…
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WESCO Frequently Asked Questions

  • When was WESCO founded?

    WESCO was founded in 1922.

  • Who are WESCO key executives?

    WESCO's key executives are John J. Engel, Robert Minicozzi and David S. Schulz.

  • How many employees does WESCO have?

    WESCO has 18,000 employees.

  • What is WESCO revenue?

    Latest WESCO annual revenue is $12.3 b.

  • What is WESCO revenue per employee?

    Latest WESCO revenue per employee is $684.8 k.

  • Who are WESCO competitors?

    Competitors of WESCO include TTI, Electro Enterprises and Sonepar USA.

  • Where is WESCO headquarters?

    WESCO headquarters is located at 225 W Station Square Dr #700, Pittsburgh.

  • Where are WESCO offices?

    WESCO has offices in Pittsburgh, Amarillo, Arlington, Bangor and in 81 other locations.

  • How many offices does WESCO have?

    WESCO has 90 offices.