Wesco International Inc Wesco International Inc [WCC] has reported $232.8 million quarterly profit, an increase of $116.7 million from the previous quarter, the company said in a filing to the SEC for the Q2 ended Jun 30, 2024.
WESCO International reported the quarterly diluted earnings per share (EPS) rose by 119.49 percent to $4.3 from $2 in the previous quarter.
Dollars in millions | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|
Income Statement |
| Revenue | $5,479.7 | $5,350.0 | $22,385.2 | $5,644.4 |
| Operating Profit | $323.5 | $263.0 | $1,406.4 | $380.5 |
| Net Income | $232.8 | $116.1 | $766.1 | $234.0 |
| Net Cash | $192.4 | $461.4 | -$3.2 | $104.1 |
| Gross Margin | $1,198.0 | $1,137.9 | $4,843.7 | $1,222.0 |
| Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
| Profit as % of Revenues | 514.60 | 980.10 | 21.64 | 21.65 |
| Profit as % of Assets | 2.26 | 1.11 | 5129.11 | 1.56 |
| Profit as % of Stockholder Equity | 4.80 | 2.33 | 15224.87 | 4.79 |
| Return on Equity | 4.80 | 2.33 | 15224.87 | 4.79 |
| Return on Assets | 1.54 | 0.75 | 5086.68 | 1.54 |
| Turnover Ratio | 53.23 | 51.22 | 1498.71 | 0.38 |
| EBITA | $369.6 | $308.5 | $1.6 | $0.0 |
Balance Sheet |
| Total Assets | $15,108.5 | $15,539.0 | $15,060.9 | $15,168.6 |
| Total Liabilities | $10,257.2 | $10,561.2 | $10,029.0 | $10,286.1 |
Cash Flow Statement |
| Operating Cash Flow | $522.5 | $746.3 | $493.2 | $423.9 |
| Investing Cash Flow | $269.1 | -$16.5 | -$89.6 | -$61.2 |
| Financing Cash Flow | -$581.4 | -$254.5 | -$403.9 | -$253.4 |
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![Wesco International Inc [WCC] reports $232.8 million quarterly net profit](/_next/image?url=https%3A%2F%2F10kinfo-appdata.s3.us-west-2.amazonaws.com%2Fedgar0105%2FCompanyLogos%2FUS%2FWCC_i1.jpg&w=1200&q=75)