WCC (WESCO International) Operating Income: $1,286 Mil (TTM As of Mar. 2026)


WCC WESCO International Inc WCC
84 GF Score
Price $335.02
GF Value $204.94
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is WESCO International Operating Income?

WESCO International WCC +1.86% 84 Operating Income is $1,286 Mil as of Mar. 2026. GuruFocus rates WCC with a GF Score™ of 84/100 and a GF Value™ of $204.94 (Significantly Overvalued). The stock has 5 warning signs investors should review.

WESCO International's Operating Income for the three months ended in Mar. 2026 was $294 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1,286 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. WESCO International's Operating Income for the three months ended in Mar. 2026 was $294 Mil. WESCO International's Revenue for the three months ended in Mar. 2026 was $6,080 Mil. Therefore, WESCO International's Operating Margin % for the quarter that ended in Mar. 2026 was 4.83%.

Good Sign:

WESCO International Inc operating margin is expanding. Margin expansion is usually a good sign.

WESCO International's 5-Year average Growth Rate for Operating Margin % was 11.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. WESCO International's annualized ROC % for the quarter that ended in Mar. 2026 was 7.29%. WESCO International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.59%.


WESCO International  (NYSE:WCC) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

WESCO International's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1174 * ( 1 - 21.86% )/( (12576.6 + 12594.1)/ 2 )
=917.3636/12585.35
=7.29 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

WESCO International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1175.6/( ( (1355.1 + max(4057.2, 0)) + (1365 + max(4112.7, 0)) )/ 2 )
=1175.6/( ( 5412.3 + 5477.7 )/ 2 )
=1175.6/5445
=21.59 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4069.6 + 4008.8 + 250.6) - (3313.5 + 0 + 958.3)
=4057.2

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4273.1 + 4213.1 + 291.9) - (3674 + 0 + 991.4)
=4112.7

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

WESCO International's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=293.5/6080.1
=4.83 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


WESCO International Operating Income Related Terms


WESCO International Operating Income Historical Data

* Premium members only.

The historical data trend for WESCO International's Operating Income 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.

WESCO International Operating Income Chart

WESCO International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 801.90 1,438.10 1,406.40 1,223.20 1,233.00

WESCO International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 242.00 322.20 345.40 324.50 293.50
WCC
84GF Score
WESCO International Inc WCC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WESCO International Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,286 Mil.

* 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $1,286 Mil mean?
WESCO International (WCC) has a Operating Income of $1,286 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on WESCO International and its competitors.
Is WESCO International's Operating Income too high?
WESCO International's current Operating Income is $1,286 Mil. Overall, WESCO International has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WESCO International's Operating Income compare to WSO and QXO?
WESCO International's Operating Income of $1,286 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Industrial Distribution company?
A good Operating Income depends on the Industrial Distribution industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on WESCO International and its competitors. WESCO International's current Operating Income is $1,286 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WESCO International stock overvalued right now?
Based on GuruFocus' analysis, WESCO International (WCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $204.94, compared to a current price of $335.02 — trading 63.5% above its estimated fair value. The current Operating Income is $1,286 Mil. WESCO International's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For WESCO International (WCC), the current Operating Income is $1,286 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is WESCO International (WCC) Overvalued in 2026?

Based on GuruFocus' analysis, WESCO International stock appears to be overvalued. The current stock price of $335.02 is trading 63.5% above its estimated GF Value™ of $204.94. GuruFocus considers WESCO International to be Significantly Overvalued.

Key valuation signals for WCC:

  • Operating Income: $1,286 Mil
  • GF Value™: $204.94 vs. price of $335.02 (63.5% above fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the WCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WESCO International Business Description

Other Exchanges WP7:Germany
Address 225 West Station Square Drive, Suite 700, Pittsburgh, PA, USA, 15219
Wesco can be traced back to the late 1800s but was officially founded in 1922, acting as the distribution arm of Westinghouse Electric. Throughout the 1900s, Wesco entered and subsequently exited the consumer electronics, transit, bottling, and nuclear plant distribution markets. It was sold to a private equity firm in 1994 and then went public in 1999, and numerous acquisitions have since been made to fill the gaps in Wesco's geographical and product coverage. Today, the firm primarily distributes electrical, networking, security, and utility equipment used in the construction and repair of structures such as offices, data centers, power transmission lines, and manufacturing plants. Wesco has operations around the globe but generates the majority of its revenue in the United States.
84GF Score

Get the complete analysis for WCC

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$335.02
Price
$204.94
GF Value