How did WCC's revenue and expenses trend in Q4 2024?
5/7/2025 05:35pm
Wesco International (WCC) demonstrated a diversified revenue structure with distinct business segments, each contributing significantly to the overall revenue. The company's revenue trend in Q4 2024 was as follows:
1. **Electrical & Electronic Solutions**: Contributed the most to WCC's revenue, with $8.55 billion and $6.42 billion reported for this segment.
2. **Communications & Security Solutions**: Generated $7.54 billion and $5.49 billion for WCC, highlighting its importance in the company's revenue mix.
3. **Utility & Broadband Solutions**: Contributed $5.74 billion and $4.4 billion to WCC's revenue, showing steady growth in this segment.
4. **Other Segments**: The remaining segments, including $2.07 billion from Electrical & Electronic Solutions and $2 billion from Communications & Security Solutions, also contributed to the diversified revenue base.
WCC's expenses in Q4 2024 were characterized by a strong gross margin and significant selling, general, and administrative expenses. The gross margin stood at 21.6%, indicating efficient cost management and a healthy profit margin. However, selling, general, and administrative expenses were substantial, amounting to $862.9 million, which may suggest a focus on optimizing these costs to further enhance profitability.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|WCC|WCC.N|Wesco International|20240101-2024|Utility & Broadband Solutions|5.735E9|169|
|WCC|WCC.N|Wesco International|20240101-2024|Utility & Broadband Solutions|4.4049E9|169|
|WCC|WCC.N|Wesco International|20240101-2024|Utility & Broadband Solutions|3.0218E9|169|
|WCC|WCC.N|Wesco International|20240101-2024|Utility & Broadband Solutions|1.5809E9|169|
|WCC|WCC.N|Wesco International|20240101-2024|Communications & Security Solutions|1.6701E9|169|
|WCC|WCC.N|Wesco International|20240101-2024|Electrical & Electronic Solutions|2.099E9|169|
|WCC|WCC.N|Wesco International|20240101-2024|Utility & Broadband Solutions|1.5809E9|169|
|code|Ticker|Name|Date|Gross Profit Margin|Gross Profit Margin YoY|market_code|
|---|---|---|---|---|---|---|
|WCC|WCC.N|Wesco International|2024 Q1|21.2692|-2.816463793544608|169|
|WCC|WCC.N|Wesco International|2024 Q2|21.5694|-0.839918904381632|169|
|WCC|WCC.N|Wesco International|2024 Q3|21.7451|0.1247812874113675|169|
|WCC|WCC.N|Wesco International|2024 Q4|21.5988|-0.1811627692023339|169|
|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|Selling, General, and Administrative Expenses YoY|market_code|
|---|---|---|---|---|---|---|
|WCC|WCC.N|Wesco International|20240331|8.749E8|1.4847465491242315|169|
|WCC|WCC.N|Wesco International|20240630|8.745E8|-0.4666514910084225|169|
|WCC|WCC.N|Wesco International|20240930|8.771E8|4.230540701128936|169|
|WCC|WCC.N|Wesco International|20241231|8.629E8|0.935781962802667|169|