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WESCO International (WESCO International) Pretax Margin % : 2.75% (As of Mar. 2024)


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What is WESCO International Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WESCO International's Pre-Tax Income for the three months ended in Mar. 2024 was $147.00 Mil. WESCO International's Revenue for the three months ended in Mar. 2024 was $5,350.00 Mil. Therefore, WESCO International's pretax margin for the quarter that ended in Mar. 2024 was 2.75%.

The historical rank and industry rank for WESCO International's Pretax Margin % or its related term are showing as below:

WCCpA.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: 1   Med: 3.41   Max: 5.31
Current: 4.04


WCCpA.PFD's Pretax Margin % is ranked worse than
59.72% of 144 companies
in the Industrial Distribution industry
Industry Median: 5.54 vs WCCpA.PFD: 4.04

WESCO International Pretax Margin % Historical Data

The historical data trend for WESCO International's Pretax Margin % 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.

* Premium members only.

WESCO International Pretax Margin % Chart

WESCO International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.37 1.00 3.19 5.31 4.43

WESCO International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 4.37 4.60 4.93 3.80 2.75

Competitive Comparison of WESCO International's Pretax Margin %

For the Industrial Distribution subindustry, WESCO International's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, WESCO International's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where WESCO International's Pretax Margin % falls into.



WESCO International Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

WESCO International's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=992/22385.2
=4.43 %

WESCO International's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=147/5350
=2.75 %

* 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:WCCpA.PFD) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


WESCO International Pretax Margin % Related Terms

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WESCO International (WESCO International) Business Description

Traded in Other Exchanges
Address
225 West Station Square Drive, Suite 700, Pittsburgh, PA, USA, 15219
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.