← WESCO INTERNATIONAL INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $101.6m |
$163.5m
+60.90%
|
$227.3m
+39.08%
|
$223.4m
-1.72%
|
$100.6m
-54.99%
|
$465.4m
+362.79%
|
$860.5m
+84.90%
|
$765.5m
-11.04%
|
$717.6m
-6.26%
|
$640.2m
-10.79%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $101.1m |
$163.1m
+61.33%
|
$225.4m
+38.14%
|
$222.2m
-1.40%
|
$70.4m
-68.31%
|
$408.0m
+479.34%
|
$803.1m
+96.84%
|
$708.1m
-11.83%
|
$660.2m
-6.76%
|
$645.8m
-2.18%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($468k) | ($327k) | ($2.0m) | ($1.2m) | ($521k) | $1.0m | $1.7m | $600k | $1.8m | $2.3m | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $101.1m | $163.1m | $225.4m | $222.2m | $100.0m | $466.4m | $862.1m | $766.1m | $719.4m | $642.5m | — | |
| Amortization Cash Flow | — | — | — | — | — | — | — | $0 | $14.1m | $30.2m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | — | $0 | $14.1m | $30.2m | $30.2m | |
| Amortization of Debt Issuance Costs | $3.6m | $4.0m | $4.5m | $3.6m | $10.6m | $19.2m | $15.2m | $14.8m | $15.6m | $13.1m | — | |
| Amortization of Intangible Assets | $39.1m | $37.8m | $35.9m | $35.5m | $66.5m | $119.6m | $92.9m | $88.6m | $86.1m | $89.1m | — | |
| Capitalized Computer Software, Amortization | $10.6m | $9.9m | $9.8m | $10.6m | $14.3m | $27.5m | $38.3m | $36.4m | $30.3m | $24.6m | — | |
| Cloud computing arrangement amortization | — | — | — | — | — | — | — | $0 | $14.1m | $30.2m | — | |
| Depreciation | $17.1m | $16.3m | $17.3m | $15.9m | $40.8m | $61.6m | $47.8m | $56.3m | $66.8m | $83.9m | $197.6m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $179.0m | $181.3m | $197.3m | $227.8m | $232.9m | |
| Depreciation and amortization | $66.9m | $64.0m | $63.0m | $62.1m | $121.6m | $198.6m | $179.0m | $181.3m | $183.2m | $197.6m | $232.9m | |
| Deferred Income Tax | $45.2m | $50.4m | $9.1m | $13.2m | $33.5m | $78.3m | ($1.2m) | ($7.9m) | ($39.9m) | $7.4m | $26.0m | |
| Deferred Tax | — | — | — | — | — | — | ($1.2m) | ($7.9m) | ($39.9m) | $7.4m | $26.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $27.2m | $25.8m | $68.3m | $30.9m | $37.2m | — | |
| Share-based Payment Arrangement, Noncash Expense | $12.5m | $14.8m | $16.4m | $19.1m | $19.3m | $30.8m | $46.4m | $48.1m | $28.9m | $40.5m | $57.1m | |
| Stock-based compensation expense | $12.5m | $14.8m | $16.4m | $19.1m | $19.3m | $30.8m | $46.4m | $48.1m | $28.9m | $40.5m | $57.1m | |
| Other Nonoperating Income (Expense) | — | — | ($71.4m) | — | $2.4m | $48.1m | ($7.0m) | ($25.1m) | $92.7m | $9.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($1.1b) | ($508.7m) | $276.2m | ($816.7m) | ($810.8m) | |
| Change In Receivables | — | — | — | — | — | — | ($745.4m) | $55.8m | ($48.7m) | ($637.8m) | ($775.0m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($690.6m) | $52.2m | ($50.7m) | ($558.0m) | ($775.0m) | |
| Increase (Decrease) in Accounts Receivable | ($56.8m) | $113.0m | $22.9m | ($11.5m) | ($47.9m) | $531.8m | $690.6m | ($52.2m) | $50.7m | $558.0m | ($775.0m) | |
| Increase (Decrease) in Accounts and Other Receivables | — | — | — | $130k | ($23.5m) | ($136.7m) | ($54.8m) | $3.6m | $2.0m | ($79.8m) | — | |
| Change In Inventory | — | — | — | — | — | — | ($817.0m) | ($68.4m) | ($18.0m) | ($446.1m) | ($475.4m) | |
| Increase (Decrease) in Inventories | $1.6m | $119.0m | $8.7m | $47.3m | ($203.8m) | $530.7m | $817.0m | $68.4m | $18.0m | $446.1m | ($475.4m) | |
| Inventories | ($1.6m) | ($119.0m) | ($8.7m) | ($47.3m) | $203.8m | ($530.7m) | ($817.0m) | ($68.4m) | ($18.0m) | ($446.1m) | ($475.4m) | |
| Inventory Write-down | $7.3m | $8.8m | $9.7m | $10.0m | $15.7m | $37.1m | $43.2m | $63.1m | $66.0m | $74.0m | — | |
| Accounts payable | $40.6m | ($102.9m) | ($9.2m) | ($23.5m) | $54.1m | ($449.6m) | ($552.9m) | $319.7m | ($329.5m) | ($323.7m) | $475.0m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $489.8m | ($412.0m) | $392.2m | $349.1m | $475.0m | |
| Increase (Decrease) in Accounts Payable | ($40.6m) | $102.9m | $9.2m | $23.5m | ($54.1m) | $449.6m | $552.9m | ($319.7m) | $329.5m | $323.7m | $475.0m | |
| Accrued payroll and benefit costs | ($1.9m) | $24.7m | $18.8m | ($39.1m) | $75.6m | $84.2m | ($63.1m) | ($92.3m) | $62.7m | $25.4m | — | |
| Change In Accrued Expense | — | — | — | — | — | — | ($63.1m) | ($92.3m) | $62.7m | $25.4m | $44.2m | |
| Change In Other Current Assets | — | — | — | — | — | — | ($153.2m) | ($60.6m) | ($142.6m) | ($116.7m) | ($284.8m) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | $131.6m | ($23.5m) | $93.3m | $34.8m | $205.2m | |
| Increase (Decrease) in Other Operating Assets | $11.6m | ($2.8m) | ($4.2m) | ($28.8m) | ($21.2m) | ($56.3m) | ($153.2m) | ($60.6m) | ($142.6m) | ($116.7m) | — | |
| Other current and noncurrent liabilities | $15.7m | $64.8m | ($5.7m) | ($825k) | $78.2m | $190.3m | $131.6m | ($23.5m) | $93.3m | $34.8m | — | |
| Other operating activities, net | $836k | ($79k) | ($8.1m) | ($11.2m) | $6.4m | $7.4m | $3.7m | ($500k) | $22.2m | $10.4m | — | |
| Net Cash Provided by (Used in) Operating Activities | $300.2m |
$149.1m
-50.33%
|
$296.7m
+98.98%
|
$224.4m
-24.38%
|
$543.9m
+142.43%
|
$67.1m
-87.66%
|
$11.0m
-83.56%
|
$493.2m
+4368.20%
|
$1.1b
+123.28%
|
$125.0m
-88.65%
|
$264.3m
+111.44%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | $18.0m | $21.5m | $36.2m | $44.1m | $56.7m | $54.7m | ($99.4m) | ($92.3m) | ($94.7m) | ($99.8m) | ($109.2m) | |
| Capital expenditures | $1.1m | $552k | $437k | $1.3m | ($56.7m) | ($54.7m) | ($99.4m) | ($92.3m) | ($94.7m) | ($99.8m) | ($109.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $4.7m | $4.0m | — | — | — | — | — | — | — | — | ($122.2m) | |
| Gain on divestiture | $0 | — | — | $0 | ($19.8m) | ($8.9m) | $0 | $0 | ($122.2m) | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $50.9m | $0 | $0 | $27.6m | $3.7b | $0 | $186.8m | $0 | $221.3m | $36.1m | ($100k) | |
| Proceeds from Divestiture of Businesses, Net of Cash Divested | — | — | — | $0 | $19.1m | $56.0m | $0 | $0 | $354.9m | $0 | $20.7m | |
| Net Other Investing Changes | — | — | — | — | — | — | $2.6m | $2.7m | $1.5m | ($4.8m) | ($2.5m) | |
| Other investing activities, net | ($10.0m) | $9.4m | ($10.4m) | ($5.9m) | $22.4m | ($3.9m) | $2.4m | $2.1m | $1.5m | ($4.8m) | — | |
| Payments for (Proceeds from) Other Investing Activities | $10.0m | ($9.4m) | $10.4m | $5.9m | ($22.4m) | $3.9m | ($2.4m) | ($2.1m) | ($1.5m) | $4.8m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($70.5m) | ($5.3m) | ($34.1m) | ($60.8m) | ($3.7b) | $2.5m | ($283.6m) | ($89.6m) | $40.4m | ($140.7m) | ($111.8m) | |
| Cash flows from financing activities: | ||||||||||||
| Debt issuance costs | ($6.0m) | ($915k) | $0 | ($2.7m) | ($80.2m) | ($2.3m) | ($3.2m) | $0 | $26.6m | $14.0m | — | |
| Gain (Loss) on Extinguishment of Debt | ($123.9m) | $0 | $0 | — | — | — | — | — | ($6.8m) | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $4.5b | $3.3b | $6.8b | $7.0b | $8.7b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $4.5b | $3.3b | $6.8b | $6.9b | $8.7b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($3.8b) | ($3.4b) | ($7.1b) | ($6.2b) | ($8.4b) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $697.7m | ($120.0m) | ($278.3m) | $705.5m | $252.5m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $697.7m | ($114.4m) | ($278.5m) | $704.4m | $260.2m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $0 | ($5.6m) | $200k | $1.1m | ($7.7m) | |
| Proceeds from Issuance of Long-term Debt | $2.1b | $1.5b | $1.2b | $1.3b | $5.1b | $3.2b | $4.5b | $3.3b | $6.8b | $6.9b | $8.7b | |
| Proceeds from short-term debt | $111.5m | $175.8m | $142.3m | ($29.8m) | ($11.3m) | ($20.3m) | $19.5m | $17.1m | $4.3m | $23.4m | — | |
| Repayment Of Debt | — | — | — | — | — | — | ($3.8b) | ($3.4b) | ($7.1b) | ($6.2b) | ($8.4b) | |
| Repayments of Long-term Debt | $2.3b | $1.6b | $1.3b | $1.2b | $1.5b | $2.6b | $3.8b | $3.3b | $7.1b | $6.2b | ($8.4b) | |
| Repayments of short-term debt | ($131.5m) | ($164.0m) | ($143.7m) | — | ($114.2m) | ($34.8m) | ($19.5m) | ($22.7m) | ($4.1m) | ($22.3m) | — | |
| Short Term Debt Issuance | — | — | — | — | — | — | $19.5m | $17.1m | $4.3m | $23.4m | $9.7m | |
| Short Term Debt Payments | — | — | — | — | — | — | ($19.5m) | ($22.7m) | ($4.1m) | ($22.3m) | ($26.7m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | $0 | ($76.6m) | ($81.5m) | ($88.4m) | ($93.0m) | |
| Common Stock Payments | — | — | — | — | — | — | ($11.1m) | ($75.0m) | ($425.0m) | ($75.0m) | ($64.9m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($11.1m) | ($75.0m) | ($425.0m) | ($75.0m) | ($64.9m) | |
| Payment of common stock dividends | — | — | — | — | — | $0 | $0 | ($76.6m) | ($81.5m) | ($88.4m) | — | |
| Payments for Repurchase of Common Stock | $4.8m | $106.8m | $127.2m | $153.0m | $2.9m | $0 | $11.1m | $75.0m | $425.0m | $75.0m | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | $30.1m | $57.4m | $57.4m | $76.6m | $81.5m | $88.4m | ($93.0m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($11.1m) | ($75.0m) | ($425.0m) | ($615.3m) | ($64.9m) | |
| Repurchases of common stock | ($4.8m) | ($106.8m) | ($127.2m) | ($153.0m) | ($2.9m) | $0 | ($11.1m) | ($75.0m) | ($425.0m) | ($75.0m) | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($57.4m) | ($134.0m) | ($138.9m) | ($115.7m) | ($93.0m) | |
| Payment of preferred stock dividends | — | — | — | — | — | ($57) | ($57) | ($57) | ($57) | ($27) | — | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($57.4m) | ($57.4m) | ($57.4m) | ($27.3m) | $0 | |
| Payments for taxes related to net-share settlement of equity awards | — | — | — | ($3.0m) | ($2.9m) | ($27.2m) | ($25.8m) | ($68.3m) | ($30.9m) | ($37.2m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($45.2m) | ($74.9m) | ($86.1m) | ($67.2m) | ($100.9m) | |
| Other financing activities, net | ($6.6m) | $6.7m | ($1.2m) | $3.7m | ($4.1m) | $15.2m | $16.2m | $5.5m | $28.6m | $16.0m | — | |
| Proceeds from (Payments for) Other Financing Activities | ($6.6m) | $6.7m | ($1.2m) | ($3.7m) | $4.1m | ($15.2m) | ($16.2m) | ($5.5m) | ($28.6m) | ($16.0m) | — | |
| Net cash provided (used) by financing activities | ($276.3m) |
($141.2m)
+48.89%
|
($275.1m)
-94.83%
|
($109.8m)
+60.10%
|
$3.5b
+3271.06%
|
($310.8m)
-108.93%
|
$584.0m
+287.93%
|
($403.9m)
-169.16%
|
($928.3m)
-129.83%
|
($92.7m)
+90.01%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | ($276.3m) |
($141.2m)
+48.89%
|
($275.1m)
-94.83%
|
($109.8m)
+60.10%
|
$3.5b
+3271.06%
|
($310.8m)
-108.93%
|
$584.0m
+287.93%
|
($403.9m)
-169.16%
|
($928.3m)
-129.83%
|
($92.7m)
+90.01%
|
($6.3m)
+93.20%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $298.2m | ($236.6m) | $314.8m | ($3.2m) | $178.5m | ($97.8m) | $813.2m | |
| Beginning Cash Position | — | — | — | — | — | — | $212.6m | $527.3m | $524.1m | $702.6m | $667.0m | |
| Cash and cash equivalents at the beginning of period | $160.3m | $110.1m | $118.0m | $96.3m | $150.9m | $449.1m | $527.3m | $524.1m | $702.6m | $604.8m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $527.3m | $524.1m | $702.6m | $604.8m | $813.2m | |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation | — | — | — | — | $8.7m | $4.6m | $3.3m | ($2.9m) | ($34.8m) | $10.6m | — | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $8.7m | $4.6m | $3.3m | ($2.9m) | ($34.8m) | $10.6m | ($4.3m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $3.3m | ($2.9m) | ($34.8m) | $10.6m | ($4.3m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Acquisition payments, net of cash acquired | ($50.9m) | $0 | $0 | ($27.6m) | ($3.7b) | $0 | ($186.8m) | $0 | ($221.3m) | ($36.1m) | — | |
| Additional Financial Items | ||||||||||||
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $583.9m | ($403.9m) | ($928.3m) | ($92.7m) | ($6.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($283.6m) | ($89.6m) | $40.4m | ($140.7m) | ($111.8m) | |
| Cash paid for taxes | $76.3m | $65.1m | $62.0m | $64.5m | $56.2m | $118.2m | $292.9m | $207.9m | $253.3m | $237.8m | — | |
| Change In Account Payable | — | — | — | — | — | — | $552.9m | ($319.7m) | $329.5m | $323.7m | $475.0m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $314.8m | ($3.2m) | $178.5m | ($97.8m) | — | |
| Change In Payable | — | — | — | — | — | — | $552.9m | ($319.7m) | $329.5m | $323.7m | $475.0m | |
| Changes In Cash | — | — | — | — | — | — | $311.4m | ($300k) | $213.3m | ($108.4m) | $146.2m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | ($144k) | ($231k) | — | — | — | $0 | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | — | — | — | — | $36.6m | — | — | — | — | — | |
| End Cash Position | — | — | — | — | — | — | $527.3m | $524.1m | $702.6m | $604.8m | $813.2m | |
| Financing Cash Flow | — | — | — | — | — | — | $584.0m |
($403.9m)
-169.16%
|
($928.3m)
-129.83%
|
($92.7m)
+90.01%
|
($6.3m)
+93.20%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | $2.8m | — | — | — | — | — | — | — | — | |
| Free Cash Flow | — | — | — | — | — | — | ($88.4m) | $400.9m | $1.0b | $25.2m | $155.1m | |
| Gain (Loss) on Disposition of Business | $0 | — | — | — | — | $8.9m | $0 | $0 | $122.2m | $0 | — | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | $0 | ($122.2m) | $0 | ($19.3m) | |
| Goodwill | $1.7b | $1.8b | $1.7b | $1.8b | $3.2b | $3.2b | $3.2b | $3.3b | $3.3b | $3.3b | — | |
| Income Tax Expense (Benefit) | $30.4m | $89.3m | $55.7m | $59.9m | $22.8m | $115.5m | $274.5m | $225.9m | $231.6m | $213.4m | — | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | — | $292.9m | $207.9m | $253.3m | $237.8m | $249.3m | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $74.4m | $63.8m | $64.7m | $65.3m | $169.6m | $249.7m | $272.4m | $386.8m | $331.2m | $357.4m | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($283.6m) | ($89.6m) | $40.4m | ($140.7m) | ($111.8m) | |
| Loss on abandonment of assets | — | — | — | — | — | — | $0 | $0 | $17.8m | $0 | — | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($186.8m) | $0 | $133.6m | ($36.1m) | ($100k) | |
| Net PPE Purchase And Sale | — | — | — | — | — | $5.2m | $231k | $600k | — | — | $600k | |
| Net Preferred Stock Issuance | — | — | — | — | — | — | — | $0 | $0 | ($540.3m) | $0 | |
| Net change in cash and cash equivalents | ($50.1m) | $7.8m | ($21.6m) | $54.6m | $298.2m | ($236.6m) | $314.8m | ($3.2m) | $178.5m | ($97.8m) | — | |
| Operating Gains Losses | — | — | — | — | — | ($45.5m) | — | — | ($122.2m) | — | ($122.2m) | |
| Other Non Cash Items | — | — | — | — | — | — | $18.9m | $14.3m | $41.5m | $23.5m | — | |
| Payments of Financing Costs | $6.0m | — | — | — | — | — | — | — | — | — | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | ($36.6m) | $0 | $0 | — | — | — | |
| Preferred Stock Payments | — | — | — | — | — | — | — | $0 | $0 | ($540.3m) | $0 | |
| Proceeds from Stock Options Exercised | $0 | — | — | — | — | — | — | — | — | — | — | |
| Purchase Of Business | — | — | — | — | — | — | ($186.8m) | $0 | ($221.3m) | ($36.1m) | ($100k) | |
| Redemption of preferred stock | — | — | — | — | — | — | — | $0 | $0 | ($540.3m) | — | |
| Restructuring Costs | — | — | — | — | — | — | — | $16.7m | — | — | — | |
| Sale Of PPE | — | — | — | — | — | $5.2m | $231k | $600k | — | — | $600k | |
| Stock Based Compensation | — | — | — | — | — | — | $46.4m | $48.1m | $28.9m | $40.5m | $57.1m | |
| Supplemental disclosure of cash flow information: |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.