Latest Ratios: P/E Ratio 23.5x · EV/EBITDA 15.0x · 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 | $15.0B | $12.1B | $9.2B | $9.1B | $6.6B | $6.8B | $3.7B | $2.6B | $2.3B | $3.3B | $3.2B |
| Enterprise Value | $21.9B | $19.0B | $14.1B | $14.5B | $12.0B | $11.8B | $8.5B | $3.9B | $3.4B | $4.6B | $4.5B |
| P/E Ratio → | 23.54 | 18.75 | 13.87 | 12.84 | 8.17 | 16.78 | 51.99 | 11.55 | 9.96 | 20.16 | 31.84 |
| P/S Ratio | 0.64 | 0.52 | 0.42 | 0.41 | 0.31 | 0.38 | 0.30 | 0.31 | 0.28 | 0.43 | 0.44 |
| P/B Ratio | 3.03 | 2.41 | 1.84 | 1.81 | 1.47 | 1.81 | 1.10 | 1.14 | 1.06 | 1.56 | 1.65 |
| P/FCF | 594.23 | 480.54 | 9.10 | 22.68 | — | 552.50 | 7.51 | 14.32 | 8.70 | 25.85 | 11.46 |
| P/OCF | 119.80 | 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 | — | 0.81 | 0.65 | 0.65 | 0.56 | 0.65 | 0.69 | 0.47 | 0.42 | 0.59 | 0.62 |
| EV / EBITDA | 14.96 | 13.00 | 10.05 | 9.15 | 7.40 | 11.75 | 18.19 | 9.54 | 8.21 | 11.92 | 11.42 |
| EV / EBIT | 17.72 | 15.40 | 10.74 | 10.52 | 8.36 | 13.83 | 24.56 | 11.25 | 9.68 | 14.31 | 13.73 |
| EV / FCF | — | 753.55 | 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 | 20.2% | 20.2% | 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 | 8.5% | 8.5% | 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 | 1.49 | 1.49 | 1.14 | 1.19 | 1.33 | 1.36 | 1.59 | 0.65 | 0.58 | 0.66 | 0.72 |
| Debt / EBITDA | 5.12 | 5.12 | 4.04 | 3.76 | 3.67 | 5.12 | 11.34 | 3.58 | 2.99 | 3.62 | 3.56 |
| Net Debt / Equity | — | 1.37 | 1.00 | 1.08 | 1.21 | 1.30 | 1.46 | 0.58 | 0.54 | 0.60 | 0.66 |
| Net Debt / EBITDA | 4.71 | 4.71 | 3.54 | 3.43 | 3.34 | 4.91 | 10.38 | 3.21 | 2.76 | 3.31 | 3.28 |
| Debt / FCF | — | 273.01 | 4.95 | 13.57 | — | 396.44 | 9.98 | 7.28 | 4.40 | 9.94 | 4.62 |
| Interest Coverage | 3.19 | 3.19 | 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 | 4.68 | 4.68 | 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 | 4.2% | 5.3% | 7.2% | 7.8% | 12.2% | 6.0% | 1.9% | 8.7% | 10.0% | 5.0% | 3.1% |
| FCF Yield | 0.2% | 0.2% | 11.0% | 4.4% | — | 0.2% | 13.3% | 7.0% | 11.5% | 3.9% | 8.7% |
| Buyback Yield | 4.1% | 5.1% | 4.6% | 0.8% | 0.2% | 0.4% | 0.1% | 5.9% | 5.6% | 3.2% | 0.1% |
| Total Shareholder Yield | 4.7% | 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 |
Integration and leverage sensitivity
Based on current market data, WCC trades at a forward P/E of 21.59, which appears to discount the company as a cyclical industrial distributor rather than a high-growth infrastructure partner, despite a PEG ratio of 0.49 suggesting potential undervaluation relative to its projected earnings growth trajectory.
The valuation gap relative to peers like Fastenal or Grainger suggests that investors remain skeptical of the sustainability of WCC's margin expansion post-Anixter. If the market begins to re-rate the company based on its secular exposure to data center and utility grid demand, the current multiple may prove conservative.
According to recent financial statements, WCC's ROIC has remained in a narrow range between 1.8% and 2.7% over the last ten quarters, indicating that the company is struggling to generate meaningful economic returns on its massive asset base following aggressive acquisition-led expansion strategies.
The persistent low ROIC suggests that the integration of large-scale acquisitions has yet to yield the expected efficiency gains. Investors should monitor whether management can improve capital productivity as the balance sheet deleverages, or if the high goodwill balance will continue to dilute overall return metrics.
As reported in quarterly filings, WCC's cash conversion cycle has fluctuated between 78 and 91 days over the past ten quarters, reflecting the inherent difficulty in managing a complex, multi-segment inventory base that remains highly sensitive to supply chain disruptions and project-based demand patterns.
The elevated DIO and DSO figures suggest that the company carries significant inventory to support its 'one-stop-shop' value proposition, which ties up capital and limits asset turnover. This structural inefficiency appears to be a trade-off for the competitive advantage gained through its massive SKU breadth.
Based on reported figures, WCC has made significant strides in reducing its debt-to-equity ratio from historical highs to 0.00 in 2026Q1, a notable improvement that suggests a more sustainable capital structure as the company moves past the peak of its post-merger integration phase.
The reduction in leverage is a critical development that may lower interest expense and improve net margins over time. However, the company's historical reliance on debt to fuel growth warrants continued scrutiny of its interest coverage ratios to ensure that future capital allocation remains disciplined.
The P/E ratio is frequently misapplied to WCC because it fails to account for the significant non-cash amortization and integration-related charges that distort GAAP earnings, making the company appear less profitable than its underlying cash-generating capability would otherwise suggest to a fundamental analyst.
Investors should prioritize EV/EBITDA or free cash flow metrics to better assess the company's operational performance, as these measures strip away the accounting noise associated with the Anixter acquisition. Relying solely on P/E risks missing the true earnings power of the core distribution business.
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 23.5x. The historical average is 15.9x. This places it at the 93th percentile of its historical range.
WESCO International, Inc.'s current EV/EBITDA is 15.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.6x.
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 23.5x. This is at the 93th 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 0.58% with a payout ratio of 13.8%.
WESCO International, Inc. has 20.2% gross margin and 5.2% operating margin.
WESCO International, Inc.'s Debt/EBITDA ratio is 5.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.