Below are the financial statements of Wesco International, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Net sales | 21,818.8a | 22,385.2a | 21,420.1a |
Cost of goods sold (excluding depreciation and amortization) | -17,106.2a | -17,541.5a | -16,758.8a |
Selling, general and administrative expenses | -3,306.2a | -3,256a | -3,044.2a |
Depreciation and amortization | -183.2a | -181.3a | -179a |
Income from operations | 1,223.2a | 1,406.4a | 1,438.1a |
Interest expense, net | -364.9a | -389.3a | -294.4a |
Other (income) expense, net | -92.7a | 25.1a | 7a |
Income before income taxes | 951a | 992a | 1,136.7a |
Provision for income taxes | -231.6a | -225.9a | -274.5a |
Net income | 719.4a | 766.1a | 862.1a |
Less: Net income attributable to noncontrolling interests | 1.8a | 0.6a | 1.7a |
Net income attributable to WESCO International, Inc. | 717.6a | 765.5a | 860.5a |
Less: Preferred stock dividends | 57.4a | 57.4a | 57.4a |
Net income attributable to common stockholders | 660.2a | 708.1a | 803.1a |
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