Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). WESCO International's share price for the quarter that ended in Dec. 2023 was $173.88. WESCO International's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 51 Mil. Therefore, WESCO International's market cap for the quarter that ended in Dec. 2023 was $8,850 Mil.
WESCO International's quarterly market cap
declined
from Jun. 2023 ($9,185 Mil) to Sep. 2023 ($7,346 Mil) but then
increased
from Sep. 2023 ($7,346 Mil) to Dec. 2023 ($8,850 Mil).
WESCO International's annual market cap
declined
from Dec. 2021 ($6,642 Mil) to Dec. 2022 ($6,355 Mil) but then
increased
from Dec. 2022 ($6,355 Mil) to Dec. 2023 ($8,850 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. WESCO International's Enterprise Value for Today is $13,357 Mil.
WESCO International Market Cap Historical Data
The historical data trend for WESCO International's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of WESCO International's Market Cap
For the Industrial Distribution subindustry, WESCO International's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
WESCO International's Market Cap Distribution in the Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, WESCO International's Market Cap distribution charts can be found below:
* The bar in red indicates where WESCO International's Market Cap falls into.
WESCO International Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
WESCO International's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
WESCO International (NYSE:WCC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
WESCO International Market Cap Related Terms
Thank you for viewing the detailed overview of WESCO International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
WESCO International (WESCO International) Business Description
Wesco International is an industrial distributor that has three reportable segments, electrical and electronic solutions, communications and security solutions, and utility and broadband solutions. The company offers more than 1.5 million products to its 140,000 active customers through a distribution network of 800 branches, warehouses, and sales offices, including 43 distribution centers. Wesco generates 74% of its sales in the United States, but it has a global reach, with operations in 50 other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WCC has been successfully added to your 