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 follows1:
- Electrical & Electronic Solutions: Contributed the most to WCC's revenue, with $8.55 billion and $6.42 billion reported for this segment.
- Communications & Security Solutions: Generated $7.54 billion and $5.49 billion for WCC, highlighting its importance in the company's revenue mix.
- Utility & Broadband Solutions: Contributed $5.74 billion and $4.4 billion to WCC's revenue, showing steady growth in this segment.
- 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%2, indicating efficient cost management and a healthy profit margin. However, selling, general, and administrative expenses were substantial, amounting to $862.9 million3, which may suggest a focus on optimizing these costs to further enhance profitability.